Let to Ealing Council – Area guide

There is a strong case for investment and to let to Ealing Council, given that property prices have already undergone significant growth in recent years and are expected to continue to do so.

Local property prices enjoyed a 9.3 per cent increase year-upon-year, with the average now being £486,959. However, the development of the Crossrail is spearheading regeneration and improvements to this established market, all of which will cumulate in the creation of jobs and an influx of new inhabitants. It will also contribute to significant price appreciation, according to JLL, who have predicted that prices in Ealing are set to rise by a massive 49.8 per cent by 2020 owing to these new Crossrail links.

Beyond this impressive price growth projection, there are a number of other reasons why Ealing is an appealing destination in which to consider property investment.

Why invest in Ealing?
Landlords wanting to let a property in Ealing can enjoy high returns and low vacancy rates with a rental in this popular north-London borough.

In the central areas, Rightmove lists the median monthly rent as £1,396pcm, a figure 11 per cent higher than the borough-wide average. Throughout the borough, rent can range from £850pcm for a studio unit to more than £2,200pcm for a four-bedroom property. The tenant profile in this area is varied, with everyone from single professionals to couples to families looking for rented accommodation. The variety of events and entertainment that take place year-round make Ealing incredibly popular, as does the proximity to the city centre; tube stops on the Central, District and Piccadilly Lines provide excellent links into central London, while close proximity to the M25 and Heathrow offers great connectivity beyond the city. There is ample housing development taking place to support this demand, as 2,000 new homes are set to arrive across Ealing over the next five years. Among these is the development at Dickens Yard, a residential scheme that has already proved a hit with investors. Located just 200m from Ealing Broadway station, the development has already sold 85 per cent of available units at a record-breaking average of £900 per sq. ft.

At Central Housing Group, we can help private landlords with lettings throughout Ealing, including areas such as Acton, Dormer’s Wells, Ealing, East Acton, Greenford, Hanwell, Horsenden Hill, Montpelier, North Acton, Northfields, Northolt, Norwood Green, Perivale, Pitshanger, South Acton, Southall, West Ealing, West Twyford and Park Royal. These areas encompass the following postcodes UB1, UB2, UB5, UB6, NW10, W3, W4, W5, W7 & W13. We can provide assistance with letting to council authorities, and by using our many years of letting experience, we can connect landlords with local authority referred tenants.

Let to Ealing Council
By working with Central Housing Group, a highly respected and award-winning letting agent, you can let your property to Ealing Council or another London council.

We can guarantee rent payments for up to five years, and our experienced property portfolio managers can assist landlords with all aspects of day-to-day management of properties as well.

To learn more about the benefits of ‘renting to the council’ with Central Housing Group, contact us today.

Ealing Council | ‘Direct Lets’ scheme

An alternative could be to use the ‘Direct Let’ scheme, which enables landlords to let their properties directly, via the Council, to tenants who are homeless or otherwise in urgent need of accommodation.

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