An exciting place for buyers

Wandsworth has become one of the most exciting areas for UK home buyers. This is true whether you are looking for a place to live or an asset that can offer a healthy yield. We want to have a look at the area here to showcase why. Then, if you invest and need guaranteed rent in Wandsworth, we can arrange it for you.

A strong year

Guaranteed rent WandsworthResidential prices in the area have had a strong year. According to figures from March this year, prices were up by 5.8% on the same month in 2022. That was above the average for Inner London (4.3%).

One of the most interesting things about housing in Wandsworth is the sheer diversity. You can find some properties with valuations around the £150,000 mark. However, at the other end of the spectrum they can rise into the millions. In fact, semi-detached properties set a record high with average prices over £1.8m. Flats had a more affordable average of £578,218.

Housing supply

Wandsworth also stands out because it has plans to create lots of new housing in the next ten years. In total the goal is to build 19,500 homes. This works out at 1,950 per year. If this target is hit, it will exceed the 1,619 properties built annually over the last decade.

The development of the new housing is bringing a lot of investment. As part of this, there is a wave of regeneration in different areas. It brings new life to these spots. This can also inspire new businesses to open and create more amenities.

Tooting

There are a number of great locations in the borough to consider. This includes Battersea, Putney, and Balham. We are happy to arrange guaranteed rent in Wandsworth for all of them.

Tooting is one spot that really stands out because of the regeneration. It has been highlighted as a strategic area in the London Plan. So, a huge amount is being invested to improve it. Plus, it can offer a Central London style lifestyle but at a much cheaper cost.

Investors should definitely consider Tooting. The area has a strong rental market already, with rent rates and yields above the average for Wandsworth. This is largely because many people who look at renting here are affluent. They want quality homes in nice areas with good transport links. As a result, spots close to one of the two Tube Stations or the Train Station are popular.

Anyone looking for new housing in Tooting will have plenty to consider. There are a number of interesting projects, including Springfield Village at Tooting Bec. Here you can find brand new apartments and houses.

Thinking about guaranteed rent in Wandsworth?

Before you invest, it is a good idea to think about the rental income. Will you be relying on it to cover your bills? If so, it is best to choose a service to guarantee it. This way there is no risk of a late or non payment causing you problems. It will make sure you get the agreed money on the same day every month.

We are happy to offer the easiest way to choose guaranteed rent in Wandsworth. What we do is work with local authorities across London. These relationships give us knowledge of and access to different schemes in the city. So, we can advise you on which to choose and set them up quickly for you.

If you do decide you want to guarantee your rent, please contact us.