Brockley in the Borough of Lewisham is a wonderful place to live if you are interested in the arts. The area is home to Goldsmiths, University of London and is a short distance from Camberwell College of Arts, both of which promote creativity with their myriad of courses.
The area feels like an urban village and has a great arty feel. People who live and visit appreciate the sense of community and the overriding promotion of creativity. It is a rare setting, particularly when you consider it is under 5 miles away from London Bridge.
With such a great array of education opportunities on offer and the community spirit it is no wonder that Brockley is so attractive to students. This is reflected in the property market and the number of rental options. Investors are drawn to the properties because they can make a good yield and enjoy a lot of interest from tenants on a yearly basis.
Those landlords looking to benefit from stable, longer term tenancies will be impressed with Brockley too. Many students who live in the area while they study choose to stay after they graduate because they really love the location and community.
One thing to be aware of if you are thinking about purchasing a buy to let property is that there are two conservation areas; Brockley and St. John’s. The first of these is the largest but is home to a wide array of different styles of home, from large detached Victorian homes to terraced cottages. The arts and crafts inspired properties bordering Hilly Fields Park are particularly popular. St. John’s on the other hand is smaller and home to mostly early Victorian properties with flat fronts.
Landlords should be aware that the conservation areas put restrictions in place in terms of what can be done to a property. As a result plans to redevelop or regenerate them may encounter issues.
At Finefair we proudly work as a lettings agent in Lewisham, offering help and advice for investors of all shape and size. We can discuss the various areas in the Borough with you and the attractions they offer. Ultimately our aim is to help clients make the best purchases and look after properties for them with our professional property management solutions. If you have any questions please feel free to contact us.
