Tag: Croydon
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London’s Empty Homes Crisis – A £50 Billion Opportunity
Southwark emerges as London’s top borough for vacant properties, with a staggering 5,143 homes unoccupied in 2023. This figure underscores a widespread issue across the capital, where the combined value of these dormant assets is estimated to reach a jaw-dropping £50 billion. SBA Property Management’s latest analysis paints a vivid picture of a city teeming…
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London Housing Market – Prices Climb in the Capital!
The London housing market has shown a robust increase, with some areas witnessing a 5.6 percent leap in asking prices. This news might leave many Londoners wondering how their borough stacks up in the latest housing price evolution. According to the newest figures from Rightmove’s house price index, the average asking price for a London…
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Success Story – A Landlord’s Journey
Felicia Flinders’ journey into property investment (featured in The Telegraph) was shaped by her challenging childhood experiences. After her parents’ separation, she lived in Nigeria with her mother and siblings, lacking a stable home. This instability continued upon their return to England, where they initially stayed with relatives before securing housing through Hammersmith Council. Felicia’s…
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Tackling the UK Housing Crisis: A New Life for Old Offices?
City centres in the UK have started to echo with an unusual quiet, especially noticeable on Friday afternoons. The once-bustling hubs of business and commerce are feeling the impact of a cultural shift towards hybrid working. In the wake of the Covid-19 pandemic, an astonishing amount of office space—equivalent to 487 football pitches—was removed from…
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London’s Cooling Prices: A Buying Opportunity?
London, once known for its skyrocketing property prices, is facing a new reality. Homeowners in the city are confronting the fact that the value of their properties isn’t just stagnating; in some cases, it’s falling. From a macro perspective, over the last seven years, the average property in London has only increased in value by…