The Royal Borough of Greenwich is a beautiful and affluent district in South-East London. A large number of high-end affordable housing developments have been built here to cater for the growing population, as well as those who wish to take advantage of the area’s renowned schools and cultural amenities. The borough’s building regulations mandate that all new homes have a minimum floor space ratio (FSR) of 0.75. This means that each square metre has an open space approximately 75% bigger than the size of the unit itself. These standards mean that these homes can be much larger than the average property, which makes them more comfortable and spacious for their occupants.
Here are some ways you can find affordable housing in the borough with a small budget and limited space to work with.
If you’ve been looking for something a bit different, then look no further than the Royal Borough of Greenwich. With an average property price of £1,830,000 and an average FSR of 0.75, these homes are more affordable than many other boroughs in London. Some of the local housing options include detached houses with a garden or terrace, flats with just one bedroom available and apartments that have up to three bedrooms.
In terms of the size of the property itself, there is some flexibility in terms of size. The minimum square footage requirement only applies to newly built developments and it doesn’t have any effect on refurbished properties or older buildings that come up for sale.
Affordable housing in the Royal Borough of Greenwich is good news for those who want to live close to the capital’s cultural attractions without having to sacrifice comfort as well as style.
It might sound like a difficult task, but affordable housing in Greenwich is still possible. There are a number of various ways you can find an affordable home in the borough that fits your budget and space specifications. For example, you could take advantage of the rental market by renting out a room in your house or apartment to make some money on the side. With this type of arrangement, someone has to provide their own furniture and basic household items for their stay. You won't have to pay for utilities or rent with this approach, but you will need to provide food and other necessities.
A property broker is a service that can help you find affordable housing in the Royal Borough of Greenwich. These brokers have access to a variety of properties that are available in the area and can often negotiate with sellers on your behalf, finding the right price for you. With this method, you'll also be able to see what other features each property has.
Another option is to use websites such as Rightmove or Zoopla. Here you'll be able to search for properties in Greenwich or anywhere else in the UK, which means you won't waste any time looking at unsuitable properties.
If you are looking to rent out your home while it is not occupied by one of your immediate family members, consider renting it out on Airbnb. These days, renting out your home to tourists is a very lucrative and easy way to make some extra money!
There are also other websites like HomeAway and Wimdu where you can rent out your property as well. This method is ideal if you don’t have the space for a hotel or guest house in the area.
Another option would be to declutter and sell off all of your furniture. If you have a lot of furniture that isn’t being used, this could be a good way of getting rid of it quickly. You could even list the items on eBay or put them on Gumtree for people to buy.
The Royal Borough of Greenwich's website is filled with information about the area and its many attractions. Here, you can learn about the borough, as well as find out about how to get around in the area. If you're interested in finding homes for sale here, this is a great place to start your search.
Another great resource for finding affordable homes in Greenwich is Rightmove. This website allows you to compare properties based on location and features like size, price, and room configuration before contacting a sales agent. You can also filter results by type of property (eg detached house or terraced house) to help narrow down your search.
