In previous articles we have written about plans to transform disused garages on housing estates throughout London to create new homes. Many councils have taken to the projects and made fantastic steps in redeveloping the sites. At the end of April the first 2 of 11 to be built on sites in Waltham Forest were finished. This is the first step in a major house building programme for the Borough.
The programme is a great example of property investment in Waltham Forest. The local Council is investing funds to redevelop sites and build new homes to help address the high demand for properties and overcrowding issues some residents face. Many of the properties built will be made available for affordable and social rent, making them highly accessible to families. They will be managed by the Council to ensure they are sustainable for the future.
The innovative project for the disused garage sites will create really high quality three bedroom homes and flats. Each of them will be energy efficient, featuring top of the range gas boilers and solar panels. This will benefit the residents, resulting in lower bills.
Freeing up land can unlock space for more homes and help Councils to meet demand in their areas. It also allows them to make great investments that can create sustainable homes for the future. These could prove to be fantastic assets for the local authority.
At Finefair we love to see local Councils making investments that will attract more people to areas. The property investment in Waltham Forest is great because the Borough continues to increase in popularity due to the affordable prices and the huge amount of regeneration work that has already gone on. This attracts further investors, people looking for rental properties, and new owner-occupiers too.
We are happy to offer advice to any client looking at making an investment in a property in Waltham Forest. Our team know the area well and can help you to find the right location. Simply get in touch today to find out more.