Let to Hertsmere Council – Area Guide
Recently named one of the happiest commuter towns in the UK by The Telegraph, Hertsmere is a pleasant and popular London suburb.
According to the local council, 80 per cent of Hertsmere is made up of Green Belt land, with agriculture being a key employment driver in the area. Hertsmere is also a haven for city commuters, with London being accessible in just 38 minutes. With fantastic road links via the M1, M25, A1 along with excellent local rail links, it is perhaps no surprise that over 60 per cent of residents commute to work outside Hertsmere. For investors looking to rent property to this demographic and enjoy high rates of return, this Hertfordshire district is sure to please.
Why invest in Hertsmere?
Hertsmere enjoys a fantastic location just 12 miles north of London, but for commuters who don’t want to travel for work, there’s plenty in the way of local employment in the film and television industry.
Hertsmere is home to Elstree Studios, located in the town of Borehamwood. These prolific studios create hundreds of jobs, and there are other major employers locally as well. The local council’s outlined growth initiative has plans in place to help the area continue to enjoy strong economic performance and aims to create 8,000 new local jobs between now and 2026. The average salary here is £45,913, but given the overall average house price is £480,335, (Rightmove), many would-be buyers are priced out of the market, which contributes to a strong rental market. The average rent in Borehamwood, for example, is £1,427 pcm, meaning investors can receive an average of £17,124 in annual rental income. The strong housing market here has seen prices rise by 11.4 per cent over the last year and by as much as 26.5 per cent over the past five years.
As of April 2015, Hertsmere Council has placed 100 households in temporary accommodation, and of these 100, 59 were accepted with a full housing duty. There is a strong demand for private sector housing, which we can assist with and facilitate letting your property to the council. At Central Housing Group, we deal with lettings throughout areas in Hertsmere, such as Aldenham, Borehamwood, Bushey, Bushey Heath, Elstree, Garston, Letchmore Heath, Radlett and Shenley. These areas encompass the following postcodes AL2, AL4, EN5, EN6, HA7, WD1, WD2, WD6, WD7, WD19, WD23 & WD25.
With our help, you can let your property to the council, to one of the many families living in London, and take advantage of our Guaranteed Rent Scheme to protect your investment.
Let to Hertsmere Borough Council
By working with Central Housing Group, a highly respected and award-winning letting agent, you can let your property to Hertsmere Borough Council or another 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 a London council’ with Central Housing Group, contact us today.
When you choose to rent your property through us, your rental income is guaranteed. Our service makes your rental journey stress-free – we take care of your investment on a day-to-day basis and will even deal with your tenants, so you don’t have to. We have provided our services to hundreds of landlords since we established our business in 2000 – have a look at what some of them have to say about us and take the next step in letting your property to Hertsmere Council.
With just a short, online form, you can request a free rental valuation for your property so you can see what income you could be making from it. As guaranteed rent specialists, we will give you an honest valuation and have your property let to the council quickly and efficiently. As a trusted and well-established letting agent, your property and income is in safe hands.
List of areas we cover
Letting to Barking & Dagenham Council
Letting to Barnet Council
Letting to Brent Council
Letting to Ealing Council
Letting to Enfield Council
Letting to Haringey Council
Letting to Harrow Council
Letting to Hillingdon Council
Letting to Hounslow Council
Letting to Newham Council
Letting to Redbridge Council
Letting to Waltham Forest Council