With its great location close to Gatwick Airport, major motorways of the M23/25 and rail lines to both the south coast and London, Crawley has long been a favourable place to live for commuters.
However, recent research from rent-tech company GoodLord has highlighted the Sussex town as being one the most affordable spots for commuters.
The company’s data found Crawley to be the second cheapest places to rent within an hour of London Bridge. They estimated that average monthly rents were sitting at £970pcm, which is considerably lower than properties in London. The towns of Gravesend and Northfleet in Kent were the cheapest within an hour of London Bridge at around £941pcm.
While cost of living and mortgage costs rising across the country, there is some good news however for landlords; given that renting properties is still extremely competitive and in high demand in our areas across Sussex and Surrey.
Tom Mundy, COO and co-founder of Goodlord said: “As inflation hits a 40-year high, we’re seeing more tenants impacted by higher rents. Couple this with the lack of rental stock currently available and it’s fair to say that trying to find a rental property, within a specified budget, is proving extremely difficult right now.
“Since Covid-19 a record number of Londoners have left the capital, but many are still commuting into central stations multiple times a week. For many of these renters, even finding affordable accommodation within one hour of London can be difficult, but there are options available for renters looking to get the most for their money.”
Are you looking to buy a rental property in Crawley? Take a look out our area guide here for more information on the town and its surrounding areas: https://www.clarendons.uk/area-guides/estate-agents-crawley/
If you currently have a property in the area that you are looking to rent out, then get in touch with our expert team today to see how we can help you: https://www.clarendons.uk/contact-us/ or call the office on 01293 220813.