When you think about the London Borough of Barking and Dagenham it is likely your focus will be on the principal towns. There are other great areas to look at here though, most notably Chadwell Heath. With the perfect combination of suburban peace and quiet, commutability, and affordability, it is a destination worth considering whether you are buying for yourself or as in investment.
Although commuters already love Chadwell Heath the area is set to become even more attractive thanks to Crossrail. A lot of work on the local station is currently underway, including extending platforms and regenerating the ticketing hall. This summer new trains started operating to serve Liverpool Street. In 2019 the Elizabeth Line will begin serving the area, offering 12 trains per hour through Central London. This means faster commutes and no changes.
Chadwell Heath has an interesting community because it is attractive to so many different demographics. The commuting and affordable prices attract young professionals and people looking to get on the property ladder. Families appreciate the quality local schools and open spaces such as Chad’s Park. The park is home to beautiful ornamental gardens, has a wildlife conservation area, and is perfect for sport.
With prices remaining affordable, particularly in regards to neighbouring areas that are seeing faster growth and destinations in the centre of the city, Chadwell Heath offers good investment potential. Values are expected to rise in the future, stimulated by the continued popularity and introduction of the Elizabeth Line. Renters are being increasingly drawn to this up and coming area too.
If you are considering investing in a property and want to explore the options the Finefair team can help. We are committed to offering the best services we can, including standing out as the leading provider of council leasing Barking and Dagenham has. This is a great investment option because it provides assurances on incomes and the local authority takes responsibility for the property.
To find out more about any of our services simply get in touch with our team; we are always pleased to offer information.