Affordable areas close to London stations

The Finefair team can aid investors and landlords with their property needs. We’re the most competent people specialising in block management Havering has. Using our deep understanding of the area, as well as some of the best services in the entire capital, we’ll give you a way to maximise your profits.

Many buyers and tenants plan to travel often by train. If so, then Hornchurch might be the right place for them. The area is on the list of top 10 most affordable train stations to purchase a property near in London. This is according to new data from TotallyMoney. Buyers looking for their own home will need a salary of at least £27,300 to afford accommodation within 1km of Hornchurch Station.

How did TotallyMoney work out the price?

There’s a specific way TotallyMoney figured out which areas are the most affordable near stations across the capital. Firstly, they took the median house cost of one bedroom homes that are within 1km of every station. Then they assumed that a deposit would be 10%. Next they did a calculation of the mortgage monthly repayments you would have to make over 25 years. Finally they took a look at tax and National Insurance to see what average salary people would need.

It’s not just Hornchurch that has great prices. East London in general has the best price tags. The stations themselves are either on the District or Central lines. These can offer great commute times across the capital.

At Finefair, we can support investors who are looking to find the perfect property. We have lots of experience in helping buyers who are targeting areas close to stations. Our extensive knowledge really helps here.

Discuss your needs with our people and they will come up with a solution for you. We deliver the most reliable services, including block management Havering investors rate very highly. In addition we arrange things like guaranteed rent and council leasing, serving clients throughout London.

If you have any questions for us, you’re welcome to get in touch anytime.