Landlords with properties in Sutton Borough Council’s boundary approach lettings agents in Sutton looking to maximise their rental incomes.
We are proud to offer guaranteed rent for up to five years. But there is a lot more to Assetgrove that this alone. Over the years we have developed a wide ranging and comprehensive portfolio of property services carried out by a substantial in-house team with real expertise.
From upfront financing of home improvements and furnishing packages to out-and-out property portfolio business managers, we provide a complete solution for all landlords and buy-to-let investors whether they own one property or 100.
Postcodes covered by Sutton Borough Council – SM1, SM3, SM5 and SM6 fall completely under Sutton Council, while the SM2, SM4 and SM7 postcodes are partly covered by the council.
Why invest in Sutton?
Sutton is a lively bustling London suburb yet boasts about 1500 acres of parkland and a range of sports and leisure facilities. There are two main theatres – the Secombe Theatre and the Charles Cryer Studio Theatre – ideal for fans of the performing arts. Shopping enthusiasts will be impressed with the St Nicholas Centre, Times Square Shopping Centre and the pedestrianised High Street, which offer a full range of top retail names.
Just 12.7 miles south of London, Sutton is also noted for high-achieving schools and low crime rate. In fact, Sutton is not only one of the top three safest boroughs in London, with total crime having reduced by 31% over the past eight years, its 420 hectares of green space and more than 80 parks make it one of London’s greenest boroughs.
This helps explain why 91% of people in Sutton say it is a good place to live, according to research by Ipsos MORI. This compares well with an outer London average of 79% and an inner-city average of 89%.
Meanwhile, the 2014 Family Hotspots Report, published by financial firm Family Investments, concluded that the SM1, SM2 and SM3 postcodes were all in the top 10 places in London for family friendly living.
Not only that, Sutton is a relatively prosperous borough, with just 16% of children living in poverty – a lower percentage compared to 26.7% in London and 20.1% in England.
However, with an average asking price of just £346,479 in May 2015 – 315% higher than 10 years previously – Sutton provides property investors with an unexpected pocket of affordability.
In May 2015, the average price of a detached house in Sutton was £765,967, according to the Land Registry, while semi-detached homes went for £420,534, terraced houses were worth £337,939 and flats fetched £242,858.
Good transport links
It takes just 24 minutes for commuters to reach London Victoria from Sutton and plans are in place to extend the tram service linking nearby Croydon and Wimbledon as far as Sutton, which will offer its estimated 195,625 residents an even further choice of transport.
And the population of Sutton is forecast to continue growing, according to the Greater London Authority, which predicts a further increase of 12.7% by 2041.
Schools in Sutton
With one of the highest literacy levels of under 18-year-olds in England, it is no wonder Sutton not has an enviable reputation for the quality of its schools. The fee-paying Sutton Grammar School for Boys and Wallington High School for Girls both featured in The Daily Telegraph’s list of top 75 schools for A Level results in 2015, while Cheam High School was rated outstanding by Ofsted following its latest inspection.
Greenshaw High School – the largest state school in the borough – was rated good by Ofsted inspectors when they visited the academy in 2012
And 87% of primary school children in the borough go to a good or outstanding school, according to Ofsted. The Avenue, Westbourne and St Dunstan’s are among the primary schools in Sutton to receive the highest ratings on comparison website Find The Best.