Suburban areas in Croydon can offer lots of potential for investors, including more affordable prices as well as higher rent demands. These are locations that people should definitely look at. Finefair can help, sharing the knowledge we possess as the top team for property investment Croydon has. Read on for details of some of the top spots in the Borough.
This area has a fantastic combination of urban and rural. There are golf courses, green open spaces and also some good amenities, including a tramlink. The average house price is £254,900 (Rightmove figures) and the average rent per calendar month is around £900.
A great area just a short distance from Croydon. The district has enjoyed a lot of regeneration in the last decade, including new housing as well as tramlink. Because it is more central the house prices are higher, but at £344,600 it is still better than many other parts of London. Average rent is £1,100 per month.
In the 20s and 30s this town became a very popular place to live because of the green spaces and larger homes. Waddon Ponds is a great local attraction but there are also plenty of amenities like shops. Croydon is also just over a mile away, within walking distance. The average monthly rent here is the highest of these popular smaller areas at £1,150 pcm.
The main selling point here is that the area is home to the BRIT School. It is also an attractive suburb with good transport links to London Bridge, Victoria and south to Croydon. The house prices have an average of £260,900, a very good figure for such a popular area. Average monthly rent is around £1,000.
A little further to the north, this district has everything a family could need, including good local schools, open spaces and amenities. This is a commuter hotspot too because of the good transport links. Average house prices are £270,500 and rent pcm is £1,050.
Each of these areas is worth looking at if you are thinking about investing. Finefair can help you to find the ideal properties for you. We are one of the very best names for property investment Croydon has, managing a large portfolio of properties. Trust our knowledge and experience.
You can call us to find out more about our services. Our team is always happy to provide information and advice.