There are many fantastic areas in Outer London, so people can find the ideal place to live to suit any lifestyle preferences. Slade Green is a hidden gem you may want to consider if you’re looking at South East London. It could have a much brighter future ahead too, with plans to improve it over the next ten years. Let’s have a closer look, then you can rely on us if you want excellent solutions for investment properties in Bexley, including guaranteed rent.
The location
Slade Green is one of the most easterly parts of Bexley, bordering Dartford marshes. It’s a really interesting location. Crucially, it has affordable homes, a crime rate below the average for the city, good schools, plenty of outdoor spaces, and a local train station for easy commuting into Central London.
One of the best things about Slade Green is the surprising history. It was once a significant location for agriculture in the Victorian era, home to numerous market gardens and famous for its crop yields. It also became a great location for clay pits and brickworks because of the proximity to the marshes. Later in the Edwardian period it became the home of a massive rail depot. The current station to serve it and the community opened in 1900. Ultimately, the area became a classic example of a railway village.
Slade Green was also a surprisingly important area during the two World Wars. The massive 40 acre Thames Ammunition Works was based here, opening in 1879. It was a vital source of munitions, including shells and explosives. Because of the importance, it was a target of German bombers in WWII. Postwar it became obsolete, closing in 1962. Later redevelopments mean it is now mostly housing. Speak to us about investment properties in Bexley.
What next for the area?
Notably, Slade Green has been in line for regeneration since the 2010s. It is part of the Bexley Riverside opportunity area, so there are goals to create more housing and commercial developments. Additionally, it was chosen as one of the locations to receive Pride in Place funding. It will get £20m over the next decade to invest in improvements to benefit local people.
Earlier this month the Slade Green Neighbourhood Board was formed and held its initial meeting. The Board’s job is to decide how to get the most from the Pride in Place funding. The members are diverse, bringing together a range of skills, experience, local knowledge, and community connections. As a result, it effectively represents the area and can focus on what matters most for local people.
It will be interesting to see what kind of projects benefit from the funding in the next ten years. Significantly though, the Board is aiming to support key things like revitalising the high street and improving community spaces. The main focus is ensuring the area is safe, vibrant, and sustainable.
What are your plans for investment properties in Bexley?
It’s a good idea to target areas in Outer London if you want to make your money go further. You can choose more affordable assets with a bigger chance for price increases in the future. Many of these locations, including attractive suburbs with good commuter links, are great for investors.
If investment properties in Bexley take your fancy, Finefair Ltd can help. We provide a variety of fantastic services, including management, HMOs, portfolio reviews, and more. We’re also one of the biggest providers of guaranteed rent in London. You can rely on us to protect your interests.
So, get in touch today and discuss your plans with us.
