Croydon has become one of the most popular places to live in London. Some areas could get even more attention from prospective buyers, investors, and renters in the future. A programme of works is about to begin that will enhance the centres in five districts. We want to have a look at it here and the improvements to the areas. Then, if you want to arrange guaranteed rent in Croydon, you can rely on us.

Funding

The programme of works can begin now because Croydon Council has been successful in obtaining funds. They applied for a package of £2.6m funding from the UK Shared Prosperity Fund. UKSPF is part of the Government’s levelling up program. It is providing £2.6bn to improve pride of place and give locals more life chances. Ultimately, it wants to improve communities.

A total of £833,000 from the £2.6m package will allow the improvements in the five districts of Croydon. The remaining funds will go to other projects, most notably the establishment of a Young Entrepreneurs Academy so the next generation have more opportunities.

The Executive Mayor of Croydon, Jason Perry, said the Council were “delighted that these projects are getting underway”. He also gave thanks to the Council’s partners and communities in the areas for their help to shape the plans.

Projects

The programme will provide funding for projects in New Addington, Purley, Selsdon, Thornton Heath, and the London Road area of West Croydon. The works will improve the public realm in these districts. The goal is to attract people to the areas, therefore supporting local businesses and boosting jobs. If you are thinking about investments and guaranteed rent in Croydon, these are fantastic areas to consider.

The project for New Addington will enhance the area to allow more community events to take place. It will involve refurbishment of the stage and boundary walls in the market square. There will also be improvements of the facade of the Octagon building. It will ensure it can continue to serve as a community hub.

Work on Purley High Street will hopefully give a boost to local residents and businesses. It will involve improvements in the green space as well as installation of new lighting and public art. The project is in collaboration with Purley BID.

Seldon’s works are really interesting. Again the main goal is to improve the public realm. There will be new signage to direct people to the High Street and green spaces. Many shops will also get new plaques to celebrate the centenary of Selsdon.

The project for Thornton Heath could be really special because it will establish a new learning garden for local school children. They will be able to learn crucial things like growing food, gardening, and micro-habitats. Children at Whitehorse Manor on Brigstock Road were asked what they wanted to see from the garden.

Finally, the work at London Road, West Croydon will allow more community events to take place and establishes a new market. London Road Traders Association is working to organise a night and weekend market for Harris Invictus Academy’s forecourt.

Talk to us about guaranteed rent in Croydon

There are lots of fantastic areas in Croydon. You can choose locations close to busy centres or opt for quieter, residential streets. As a result, it gives buyers, renters, and investors plenty of choice. Areas close to greenery, schools, and amenities tend to be the favourites.

If you do invest and would like to arrange guaranteed rent in Croydon, we can do it for you. We’re one of the leading specialists in London because we have relationships with councils across the city. So, get in touch and we can give you details and recommendations for all kinds of residential properties.