Finefair Ltd knows how to look after blocks of properties. In fact, we have built a great reputation for being able to do this for all kinds of landlords. Whether it is a small block of flats or a huge estate with dozens of homes, we can manage it. This is why we are the top name for block management Islington has. Plus, we can offer a first rate service in all other parts of London.
The first step on the prime ladder
Moving up the property ladder can be very tricky for some. The increases in price to move from an apartment to a two bedroom home and from there to a three or four bedroom home can be huge. The jumps can be even bigger if you want to live in prime areas. However, there are some locations near to these spots where you could get a home without such a huge price tag. Some of them could become incredibly popular in the future too.
One of the best areas if you want to be close to a prime location without paying seven figures is WC1H. This is a really interesting area. It is home to King’s Cross and some impressive new developments around the station.
The post code covers parts of Islington and Camden, both Boroughs with some prime locations with very high price tags. However, WC1H has a much more affordable median sale price. While the average is over £854k, you can buy homes here for less than half at around £372,500.
Islington has another area close to a prime market that could offer people the perfect first step on to the ladder. This is N7. It is another great part of North London, near popular spots like Highbury and Kentish Town. The average price here is slightly over £570,000. However, Islington itself has an average that is over £840k. For just houses you would need to spend well over £1million.
There are plenty of other post codes where you could save but still be close to where you ideally want to live. For example W14 is in between the prime locations in Kensington and Chelsea and Hammersmith and Fulham. Another good one is SW4 in Clapham. Or, you may want to look at W1F, an area near prime Westminster.
Next best area
The idea of buying in an area neighbouring a prime spot or your ideal destination is known as choosing the ‘next best area’. It is not a new strategy and is one many people have been using for a long time. Ideally people want to find the most affordable spots that can still be close to all the amenities they want in prime locations.
Interestingly this kind of strategy can cause a ripple effect. What happens here is the demand for these more affordable locations pushes the prices up. If it continues they can become an extension of the prime destination, reaching similar values. That in turn can make areas neighbouring these ones into the new hotspots people want.
Choosing block management in Islington
At Finefair Ltd we know that landlords want the best service with as little disruption as possible. We work to provide that whenever we manage a property, even if it is a block. Our expertise really helps here. It is also useful that we already have relationships with people to offer reliable maintenance solutions.
Our goal is to ensure we are the very top name for managing blocks of properties. It can be a challenge but we set high standards. This can help us to deliver a service that works for the landlord and also benefits the tenants.
So, if you want to discuss anything with us, please get in touch. We are confidently that we can provide block management Islington landlords will love. The services offer value for money and can work alongside our other offerings like guaranteed rent.
