Barking and Dagenham is one of the fastest changing Boroughs in the whole of London. New smart riverside developments, work to improve open spaces, and a booming creative scene, all combine to give the area a modern identity. In addition the Borough also remains one of the few truly affordable areas left in the capital.
The local council have played a big role in revitalising the area. Their ambitious plan will see the creation of up to 50,000 new homes over the next 20 years. Of this 11,000 will be in the new Barking Riverside community. This area will also receive a new town centre, a marina, a station, restaurants, and bars. It is believed that the development will create 10,000 new jobs.
In addition to the actual building work the council is encouraging more people from creative industries to move to the area, particularly those who are priced out of the city centre. Artists are being attracted with subsidised studio spaces and flats that combine living and workspace. In addition the largest film studio built in the last 25 years will be in the Borough.
The Council’s plan is to create opportunities that benefit the whole community, meeting the needs of different stakeholders. The benefit is that everything grows together and that nobody is left behind. This is a great way to lok at growth.
The big changes and affordable prices have made Barking and Dagenham a more popular destination for buyers and renters. This is set to continue with further developments and investment.
Finefair is the leading provider of estate management Barking and Dagenham has. We have seen how much the area has changed and the growing popularity. The ongoing work is fantastic and we are proud to play our part by offering personalised services to investors and landlords. We can manage properties effectively, including those on estates.
If you would like information about the services we offer please get in touch.