Property investors in Kent should look to Gravesend and Dartford, both of which benefit from strong consumer demand, population growth and undersupply.
Kent’s growth has been underpinned by rising demand from professionals and families taking advantage of Kent’s easy connections to London, as well as the county’s appealing rural and coastal lifestyle.
From a build-to-rent perspective Chatham is identified as Kent’s frontrunner, as the town is home to three operational schemes already.
Consulting service Global Apartment Advisors (GAA) produced the report, called The Kent Rental and Build to Rent (BTR) Market Snapshot.
Ronak Rawal, senior director at Global Apartment Advisors, said: “Kent presents abundant opportunities that are, quite rightly, capturing investors’ attention at present.
“From commuter hotspots to regeneration schemes that are unlocking long-term opportunities and driving growth – such as those we’re seeing in Ebbsfleet and Medway – Kent has a significant amount to offer.
“Our latest Market Snapshot looks at the Kent rental and BTR market in depth, examining the county’s potential to evolve into a mature, diversified rental market over the next five years.”
Elsewhere in the county, the build-to-rent pipelines are expanding, notably in Maidstone, Gravesend, Dartford and Ashford.
Single Family Housing (SFH) is also gaining traction in the county, with operators such as Leaf Living and Lloyds Living focusing on the county.