Finefair Ltd is a company you can trust with your assets. We can arrange a full selection of fantastic services for you, including options for managing assets and guaranteed rent. In fact, we can give clients the most convenient and rewarding block management Islington can offer. If you need support, we can provide it.

Investors put a lot of time and effort into trying to decide where the next hotspot will be in London. The earlier they can find it and buy properties, the more they could make when demand increases. But, it can be hard to determine where to target. One of the best things to do is to look at the cheaper neighbours of the most popular spots. They could move into focus if people can’t afford prices nearby.

Islington and Hackney

If you look at the most popular hotspots in London since the global financial crisis in 2008, Hackney really stands out. It became one of the most desirable locations for people from tech and creative industries. The new young crowd helped to completely change attitudes towards the area. It also brought lots of regeneration.

Since then Hackney has consistently been one of the top performers in terms of property prices. For more than a decade there were increases. Now the average property price is over £633,000 according to Foxtons. The average for a house is over £1.16m.

What is impressive here is the knock on effect we mentioned above. One of the reasons Hackney became a hotspot was that prices in Islington had become unaffordable to many people. So, young professionals began looking at neighbouring areas. With an average property price of over £763,000 and almost £1.3m for houses, you can see that Islington is still out of reach for most buyers.

Waltham Forest

The interesting thing though is that Hackney is now almost following in Islington’s footsteps. The higher prices are making it difficult for people to buy here. So, what is happening? There has been a big wave of people choosing to look next door at Waltham Forest. In the last five years house prices here have grown by 14.5% in response.

The growth could very well continue, making Waltham Forest a contender for the next major hotspot. Even then though, people may want to continue looking ahead in case the demand here continues and eventually spills over again. This could make areas like Newham a great option.

Ask us about block management in Islington

At Finefair Ltd we appreciate that blocks can be excellent assets. You could enjoy a really fantastic return if you own then. However, managing a block can be trickier. You may need a helping hand, especially if you have concerns about the workload and expense. Luckily, we can give you great services.

So, why not speak to us about how we can offer the best block management Islington landlords can ask for? We can advise you about the options and find the right one for you. It could also include rent guarantees to protect your income and save you even more money.