The Mayor of London has an incredibly difficult challenge to resolve the housing crisis in London. Luckily, a number of projects are moving forward. We got details last month about plans for North Middlesex University Hospital. The news got attention because the housing scheme will be 100% affordable. We want to have a closer look at it here. Then, if you’re an investor and want guaranteed rent in Enfield, we have the services for you.

Ambitious plans

The Mayor of London’s goal is to build 40,000 new council homes in the city by the end of the decade. At the same time, the aim is to deliver more affordable housing. Sir Sadiq Khan said he’s going to do everything he can to “make housing more affordable and sustainable for Londoners”.

Interestingly, the site at North Middlesex University Hospital has been eyed up for redevelopment for a while. The GLA chose to buy it in 2019 and 2022. Since then, they’ve been developing plans for housing.

The amazing news is the site will become low rise blocks of flats and terraces of houses. Ultimately, it will create 284 homes for the area. As we said above, the scheme will be 100% affordable. The plan is for 50% of the housing to be social rent and then the rest to be shared ownership.

Impressive details

As a top provider of guaranteed rent in Enfield, we keep our eyes open for all kinds of new developments. They can bring big, positive changes to areas. The work at North Middlesex University Hospital could definitely help the local community.

There are some really amazing details about the project. Notably, the aim is to deliver a thriving new place with excellent community amenities and connectivity. To help with this, there will be a brand new park, office space, a nursery, and a cafe. It will ensure the area thrives, benefiting new residents and locals.

As the Mayor of London said, one of his main goals is to ensure homes are sustainable. That will definitely be the case here. The designs ensure sustainability with high quality windows, insulation, and green ventilation. In addition, they will connect to Enfield’s low carbon heating infrastructure. As a result, properties won’t need individual boilers and residents can enjoy lower energy bills.

The project can move forward now with GLA partnering with Vistry and the Hyde Group. Vistry’s managing director, Kevin Delve, said they were “thrilled” to be involved in the project. They’ll use their expertise of transformative projects so they can create “a thriving, well connected place”.

Do you want to arrange guaranteed rent in Enfield?

London is a great city for investors because it is such a unique market with some really diverse areas. There are also plenty of projects taking place to create new housing and more. It provides lots of opportunities and can completely transform different areas.

If you invest and want to protect your interests, we have some fantastic services for you. Our main area of expertise is rent guarantees. In fact, we are one of the top providers in the city, arranging guaranteed rent in Enfield and various other areas. We work with several local councils in London, so you can expect reliable solutions.

Get in touch today if you want to learn more about guaranteed rent and everything else we can do.