The high level of demand for rental property in London is something which is both well known and widely reported on. In respect of the latter, however, it’s more often than not the case that reports just mention the capital as a whole, almost as if it were just one small town. The truth, of course, is that it covers a huge area, spread out across 32 administrative Boroughs. Whilst it’s true that demand is high across all of these it’s also true that certain areas have a higher level of demand than others.
In terms of the present market conditions, the London Borough of Bexley is in very high demand. This is with regards to both those looking to rent property and those looking to purchase. Relatively speaking, the market in the area offer the best for both – property prices are generally lower here than the average across the capital, making them ideal for investment, and rental costs are also lower than the average.
As providers of comprehensive property management services in Bexley we are aware of the dynamics presented by the market. With the monthly rental fees for homes in the area being around 57% of the London average, one can understand why demand is so high. This is made all the more true when you consider how well the Borough is connected to the commuter routes for the city.
Whilst in broad terms high levels of demand for rental property in the area makes it easier for owners to find tenants and generate income, it’s vital for owners to also consider the long term protection of their investment. Ensuring properties are well maintained and looked after are essential factors required in order to allow the value of to grow. The services we provide deliver this to you.
Our work in the property market delivers significant returns to investors and owners. In addition to management, we also provide guaranteed rent and council leasing agreements, all with the focus on securing a maximized level of returns for you, the property owner. We have a good relationship with Bexley Council and can offer flexible solutions if you want to rent a home with them.
Whatever your needs we are pleased to help. Simply contact us to find out more about what services we have to offer.