5 Things You Need To Know If You’re Moving To RomfordWed 29 Jan 2020
From local transport and schools to where to find the best cup of coffee, here are some quick facts to know if you’re considering moving to Romford!
If you’re looking to let out your property in Romford, our multi award-winning letting and property management team will deliver a superior service for you. Whether you’re a first-time landlord, or an experienced investor with a diverse portfolio of properties in the area, we aim to exceed your expectations throughout the entire lettings process.
Our professional team of letting agents in Romford offer a personalised service for landlords and put excellent communication at the heart of our business so that you’re always kept updated. We are also members of ARLA Propertymark, the UK’s foremost professional and regulatory body for letting agents to ensure that we offer the best standard of service in the industry.
"Our staff are all highly trained and committed to ensuring you receive the highest level of service from the moment you first call us and throughout the letting and management of your property."
When you choose to let your property with us, you can be assured that our team have in-depth local knowledge which will maximise the return on your property investment. With our Romford branch office in Victoria Road we are centrally located and well placed to keep abreast of the local market activity.
Romford is a fantastic area for landlords to invest in. With the arrival of Crossrail’s The Elizabeth Line, rental income has increased substantially in the area as Londoners continue to move outside of central London to find more space. The rapid journey times promised by the new line ensure that commuters who work in the capital can enjoy the benefits of living in this vibrant suburb with the reassurance that they can be back at their desk in under an hour the following morning.
As the price of living in central London creeps up, this unaffordability helps to drive tenants out to seek rental accommodation elsewhere, which Romford has profited from enormously. Around two thirds of rental property in Romford are apartments which can be found in new build blocks. The rental income ranges from around £1,000 a month for a 1 bed apartment here, to around £1,500 for a 3-bed apartment. This has increased by more than 20% in the past year, indicating that the Romford rental market is looking strong.
As local letting agents Romford wide, we are excited about the investment that the area is due to receive in the near future. The Greater London Authority has earmarked Romford to receive almost £35 million in investment with plans to build more than 3,300 new homes and create around 7,000 new jobs in the area. A development including 840 new homes, a school, commercial units and a health centre is to be based between Waterloo Road and the River Rom.
If you’re ready to become a landlord in the local area, then get in touch with our professional team of letting agents in Romford and we can guide you through your options to start making money on your property investment. Contact us today on 01708 755508.
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Band D £1429
Band E £1746
Band F £2064
Band G £2381
Band H £2858
We understand that your child's education is important and that finding the information to make an informed decision can be difficult. Using our School Tracker, you can find out everything you need to know.
Using the School Checker you can find:
Our Local Transport Map will allow you to find the location of transport links, including train stations, motorways, airports and more! So whatever your transport needs, you can see what is available in the area which you're interested in.
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