Living close to an airport is not for everyone. But these homes can become some of the most interesting investment properties. They can often be more affordable because demand is lower. At the same time, there can be more interest from renters. If you choose them and want a reliable service with many benefits, we can help. We can arrange the most exceptional guaranteed rent in Newham and many other locations.

London City Airport

This airport is one of the best pieces of transport infrastructure in Newham. It is in an ideal location with easy access to Canary Wharf and the City of London. As a result, a large percentage of the yearly passenger numbers are business travellers.

London City Airport is planning some big changes to its operations. The expansion plan aims to boost the annual passenger cap to an impressive 9 million by 2031. This would make it one of the biggest travel hubs in the UK.

The Airport submitted a planning application to Newham council earlier this year. However, there was a backlash from locals about some of the details. These arose in a ten week consultation period. In response, they have made some changes.

A big part of the plan is to change the operating hours of the airport. The initial idea was to have operations from 12.30pm to 10pm. However, the revision is now for 12.30pm to 6.30pm.

On top of this there will be an increase in the number of flights departing in the first 30 minutes. But, the number of total flights will remain capped at 111,000. Plus there will be no changes in the infrastructure.

One of the interesting parts of the plan is the expansion to Saturday operating hours. There were concerns about noise here. The plans therefore specify that only cleaner, quieter planes will be able to operate during these times.

Benefits for the area

The proposals will provide a number of benefits for the local area. For starters, there will be new jobs at the airport to facilitate the change in operations. In addition, it will bring in more passengers and help the local economy. There will also be more investment in the area to fund the changes.

Interestingly, the proposals could also improve sound levels in the area. There will be funding for better sound insulation. Plus, encouraging the use of newer, quieter aircraft is great too.

It will be interesting to see if the plans get approval from Newham Council. If so, the changes could begin in 2023. However, if they deny permission, London City Airport will have to go back to the drawing board.

Get the best guaranteed rent in Newham

If you do invest in assets in London, we can offer excellent services to help you. Our team have experience and manage all kinds of assets. Most importantly, we have relationships with local councils that can take the effort out of arranging tenancies and getting a rental income. In fact, they can provide guarantees on the latter so you never lose out.

You can speak to us if you want to find out more about guaranteed rent in Newham. We’ll answer any questions and show why it is such a popular option for investors.