Property management in Redbridge, London

2 bed rent

£1,870 a month

3 bed rent

£2,405 a month

Typical sale price

£305,450

Gross yield

7.3%

Read around IG1. Rents are advertised rents; the sale price is the average of completed sales in the last twelve months.

Redbridge is an outer north-east London borough where rents sit below the London average overall, with variation between the more suburban feel of Woodford and Wanstead and the busier centres of Ilford and Gants Hill. The borough borders Essex, giving parts of it a more suburban feel than much of the rest of London.

The borough has a strong stock of 1930s semi-detached and terraced housing, particularly around Gants Hill and Ilford, along with larger houses in Woodford Green and Wanstead, giving Redbridge a distinctly suburban and family character compared with inner London boroughs, and many streets retain generous front and rear gardens.

The Central line runs through much of the borough, calling at Wanstead, Redbridge, Gants Hill and Newbury Park, while the Elizabeth line serves Ilford and Seven Kings, cutting journey times into central London considerably, so tenants include commuting professionals and a large number of families attracted by the housing stock and schools, particularly the borough's well-regarded grammar schools.

For a landlord, the arrival of the Elizabeth line has widened the pool of tenants able to consider Redbridge for a reasonable commute, and family houses in the borough tend to see longer tenancies than the flat-dominated markets closer to central London, which can reduce the frequency of finding a new tenant. Ilford town centre, meanwhile, offers a wider range of shops and amenities than much of the rest of the borough, supporting demand from tenants who want a busier, more urban environment.

The borough has strong South Asian heritage, particularly around Ilford, reflected in the shops and restaurants along Ilford Lane and the High Road, and Valentines Park in Ilford is one of the larger green spaces in outer east London, adding to the areas appeal for families looking for local amenities close to home.

• Rent collected and paid to you within 3 working days of your tenant paying
• Your rent held in a ring-fenced client account, separate from Caso's own money, until it is paid to you
• Tenant calls and messages answered 24 hours a day, every day
• Repairs assessed, priced and arranged for you, charged at the contractor's invoice with no markup
• A monthly statement for each property, with every invoice attached, in your portal
• Late rent chased from the first day it is overdue, with a dated record
• Tenancy agreement drawn up and signed online
• Renewals, changes of tenant and legal notices prepared and served
• Rent reviewed every year and the Section 13 rent increase notice served for you
• Deposit protected with the Tenancy Deposit Scheme within 30 days, and the deposit paperwork the law requires served on your tenant
• Deposit deductions agreed and the deposit returned at the end of the tenancy
• Gas safety, electrical safety and energy certificates renewed before they expire, at cost
• Smoke and carbon monoxide alarms checked and recorded
• Council landlord licence applied for where your area needs one, and its renewal date tracked
• Optional: rent guarantee at cost, with no markup. You are paid even when the tenant does not pay.

Selective or HMO licence (council licence). The London Borough of Redbridge reviews its selective and additional licensing schemes from time to time, and schemes can cover named wards or streets only. We check the register against your exact address before the first tenancy.