Affordable Areas to Live in London
London is one of the world’s priciest cities. Yet, for those considering relocating to the UK’s capital, there are budget-friendly areas offering good value for money. In preparation for your move, don’t forget to search for reputable London removal companies to assist with the transition.
What were the Average Removals Costs in 2021?
We turned to the top European removals blog, MTC London Removals Company, to gain insights about the best residential areas in London. Since London remains a top European relocation destination, we’ve identified where you can live comfortably on an average London salary.
Which are the most affordable London areas?
Worried about London’s living costs? Fear not. The city’s diverse housing market means there are always reasonable boroughs where your finances remain healthy. Some standout areas include:
Bexley: Often considered the most affordable area in London. Rent here averages at £1,007 a month. A typical house is priced around £235,000. Bexley, in South East London, is roughly 45 minutes from Central London. It’s also a family-friendly region with top-rated schools.
Havering: This Eastern borough’s rent averages at £1,083 a month. Buying property? Expect to pay around £253,000. The average commute to downtown London is about 35 minutes. With an active nightlife, shopping scene, and the upcoming crossrail development, Havering promises to be a wise investment.
Sutton: Rent here is approximately £1,166 a month, with properties averaging £294,000. Located in South West London, Sutton boasts scenic landscapes, a low crime rate, and a 45-minute commute to Central London.
Most affordable places to buy in London
Bromley: The legendary David Bowie’s childhood home. Rent averages £1,271 a month and purchase around £341,000. Beyond its close proximity to Victoria and Central London, Bromley is known for its vibrant community spirit, excellent schools, and independent shops.
Enfield: A picturesque village vibe within an affordable London borough. Expect rents around £1,285 and a two-bedroom house priced at approximately £300,000. With top-rated schools and excellent transport links to Central London and M25, Enfield offers both charm and convenience.
Redbridge: Closer to Central London than other affordable areas. With rents averaging £1,300 a month and flats around £300,000, Redbridge provides a harmonious blend of urban and rural living.
Croydon: The farthest yet well-connected borough on our list. The average rent is about £1,309 a month with flats priced around £280,000. Croydon is experiencing rapid growth, especially in the retail and tech sectors, making it a solid investment choice.
Whether you’re renting or buying, London has something to offer for every budget. All that’s left is to choose the right removal service to help make your move as smooth as possible.
Searching for an affordable place to stay in London? The following recommendations can be a great start. Remember, “affordable” is subjective, so utilize this list as an initial guide, and dive deeper into research to find what suits your financial comfort.
If you’re planning the big move and need professional assistance, MTC London Removals Company is your go-to solution. With vast experience in aiding countless relocations within London, we promise to make your transition smooth and hassle-free. Whether you’re navigating the London rental scene or require expert movers to transport your belongings, reach out to us and benefit from our comprehensive services.
London’s vastness offers multiple budget-friendly areas. Consider apartments in Zone 3 or explore the lively neighborhood of Brixton, situated south of the River Thames. East London, with places like Hackney, Bow & Bromley by Bow, and Bethnal Green, also provides promising housing options for those watching their pennies. And as you plan your move, remember that MTC Removals stands ready to ensure a seamless relocation process, handling your possessions with utmost care.
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