Landlords with properties in Hackney Borough Council’s boundary approach lettings agents in Hackney looking to maximise their rental incomes.
Here at Assetgrove, our guaranteed rent scheme assures them of a fixed monthly rental income while we get on with the business of managing all the day-to-day tasks, such as inspections, lettings, viewings, maintenance, and legal issues.
We are proud to offer guaranteed rent for up to five years. But there is a lot more to Assetgrove that this alone. Over the years we have developed a wide ranging and comprehensive portfolio of property services carried out by a substantial in-house team with real expertise.
From upfront financing of home improvements and furnishing packages, to out-and-out property portfolio business managers, we provide a complete solution for all landlords and buy-to-let investors whether they own one property or 100.
Why invest in Hackney?
Bordering the City of London and covering the E5, E8, E9 and N16 postcodes, Hackney is one of the capital’s most rapidly developing areas. Much of the borough maintains its inner-city character and in places like Dalston large housing estates now sit side-by-side with gated developments. Massive regeneration is in evidence across the whole of the borough, from the magnificently refurbished Hackney Empire, Kings Hall leisure centre, St John at Hackney Church and churchyard regeneration to the new £25m central library and museum.
Hackney’s great links to the City, Docklands and the West End mean it is fast becoming favoured by young professionals, which helps explain why the proportion of residents aged between 20 and 29 has grown in the last ten years and now stands at 23%. This helps explain why the rental market in Hackney is strong. The proportion of households who rent from a private landlord has more than doubled in the past 10 years, and nearly a third of all households are now private renters.
Those renters come from a diverse range of cultures and backgrounds. Included in its population of 246,000 residents – which is predicted to increase to 298,438 by 2031 – Hackney has the largest group of Charedi Jewish people in Europe, who predominately live in the north east of the borough, and a well-established Turkish and Kurdish community. Other significant communities in Hackney include Chinese, Vietnamese and Eastern Europeans.
Hackney is likely to experience further growth in housing, commerce and infrastructure, particularly in the north west of the borough around Manor House, the area along the upgraded North London Line from Dalston to Hackney Wick and along the recently improved East London Line from Dalston to Shoreditch.
But that cannot detract from the fact it remains the second most deprived local authority in England on the government’s Indices of Multiple Deprivation and all of the wards are in the top 10% most deprived in the country. In fact, over a third of primary and nursery school pupils and 40% of secondary school pupils in the borough are eligible for free school meals.
However, the area does have many positive aspects, not least the amount of green space in the borough. Hackney has 56 parks, gardens and open space covering 330 hectares, 15 of which have been awarded the green flag quality mark.
Image credit: flickr.com
(Daniel L, Shayne Dawson, Naomi.LI)