Landlords often struggle with void periods. This can cut into their finances if they go on for too long. You could have been in this situation before. If so, then you should consider using the top services for guaranteed rent Croydon has. With this service, you will work with the council so you can have confidence in receiving the rent you are due every month. You will have a payment even when there is no one living in your property.
Croydon remains strong
Despite having its plans to build a shopping super-mall put on the back-burner, Croydon still has plenty going for it. For one thing, it is a leading hub for tech start-ups. In addition, it possesses a burgeoning creative hub. In 2023, it is also going to be the London Borough of Culture.
Properties here are relatively affordable too thankfully and there is a wonderful social scene. As for the transport links, Croydon has some of London’s finest. There are trams, three stations, and trains operating down the south coast via Gatwick. They also go as far north as Bedford.
If you travel to Park Hill or South Croydon, you will find some good family houses on quiet residential streets. Alternatively, you can go to the areas around West and East Croydon stations for second-hand and new flats. In the centre, there are so many new developments. They entice investors and first-time buyers, offering yields of 5-7%. One-bed resale houses tend to start between £240,000 and £260,000. As for three-bedroom houses, the prices are between £400,000 and £450,000.
Below we want to take a little look at some of the most impressive new developments in the borough. They could provide opportunities for all kinds of buyers. Then, if you do invest and want to arrange tenancies, you can choose us to offer the best guaranteed rent Croydon can provide.
Notting Hill Genesis
During the summer, Notting Hill Genesis is going to launch. There shall be one, two, and three-bed shared ownership apartments located at Aspect Croydon. This is a 26-storey tower possessing a concierge that is a mere five-minute walk away from East Croydon station.
Every apartment here has a private winter garden, with many also being dual aspect. These have floor to ceiling windows that fill the rooms up with light. Homes begin at £91,250 for a 25% share of a complete market value of £365,000.
L&Q at Queens Quarter
You can find this in East Croydon as well. It includes one, two, and three-bedroom apartments. They are available for sale via shared ownership. It is part of the greater Queen’s Quarter masterplan. Once complete, it shall supply 513 homes in addition to commercial and retail space.
The apartments come with open plan balconies and layouts, as well as communal exterior spaces that include a roof garden. Homes begin at £82,500 for 25% of £330,000. Speak to us if you need the top services for guaranteed rent Croydon has.
Addiscombe Grove
If you head to the 21-storey Addiscombe Grove, Pocket Living is providing one-bedroom apartments. This is to first time buyers at a 20% discount on local market prices.
Priority here has been put on generating a sense of community. There are three gardens as well as a mixture of communal interior spaces. For example, there is a wellness room, lounge, and workspace. Prices begin at £260,000. The Grove has two and three-bedroom shared ownership properties available, with each having a balcony. Prices start at £100,750 for 25% of £403,000.
West Croydon Station
Redevelopment is also in progress next to West Croydon Station. Here, 108 apartments were unveiled at London Square. Spread over twenty storeys, these one, two, and three-bedroom properties shall be ready in 2023. They will come with private winter gardens, WFH stations, and flexible open-plan layouts. There is going to be access to a concierge, residents’ lounge, and rooftop gardens too. Prices begin at £358,000.
Work with our team if you need guaranteed rent in Croydon
At Guaranteed Rent, we have had the honour to assist countless clients with our services. Investors, landlords, and even local councils all benefit from the help we offer. We can do for you what we did for them as well, especially if you need simple, reliable solutions for your properties.
So, if you wish to take advantage of the finest services for guaranteed rent Croydon has, please contact us. We can give you the best guidance and access to fantastic schemes.