£3,000 rents cause fears for people living near Sizewell | Global News Avenue

Residents are worried that residents will be priced from small towns in Suffolk due to the construction of nuclear power plants, with rents for some family homes doubled to over £3,000 a month.

Developments in Sizewell C are underway and are expected to end in 2031 – will require a 7,900 workforce, while approximately two-thirds of people move from outside the region.

Some people in Leston, about three miles (5 km) from the power plant, have said the rent rise, and one said “the landlord is cashing out.”

“I’ve been in the area for 21 years and it’s the first time we’ve seen such a huge increase, especially when it comes to rent prices,” said Linda Druce, director and founder of Druce Estate & Letting Agents.

Located between the wealthier coastal towns in Aldeburgh, Leiston is traditionally seen as a more affordable place to live.

But a sales negotiator who did not want to be named said the area usually costs up to £3,000 in a region rented for £1,500 a month.

This is a claim Ms. Druce confirmed.

“This is mainly due to Sizewell C contractors and those who want to rent next year who want to work here,” she said.

“It is unlikely that our clients’ core would want to get higher rents, but we’re seeing more people from the area buying real estate.

“And, frankly, the locals who own them are happy to sell to the highest and best bidders.”

One of the family homes for rent for £3,000 per month – including billing and cleaning costs – is Three-bedroom semi-detached property on Carl Street.

The home allowed by Hamilton Smith real estate agents has two bathrooms, described as equipped and “beautiful presentation.”

Luke Vale, who owns Hamilton Smith, described the situation in the town as a “housing problem.”

“Although the property is marketed through us and a specific customer base, we are still actively trying to take care of our current customers,” he said.

“We take care of hundreds of properties in Leston. I have to deal with tenants who are afraid that their landlords will kick them out so they can take the route to make more money.

“But it’s not about the number of landlords we don’t want to increase the rent and actually really good.

“The problem is that a lot of landlords see the pound mark and then the gates are open, so at the moment if I sell a house in Leston, there are 10 times in 10 points and the views will be viewed with the person who wants to buy each Room for rent.”

In other parts of town, Another three-bedroom home is being advertised for £3,100 a month Including bills, Two-bedroom apartment price £3,045 One month, including utility bills.

The current rental fees in the area have attracted attention, especially the average rent in Leston is £773. According to the National Bureau of Statistics (ONS).

Sizewell C said the 2,400 workers at the new power station will be based on the site, 500 other people will live in Pontins Pakefieldclose to Lowestoft.

However, the remaining contractors will have to enter the local property.

Sizewell C said it worked closely with the East Suffolk Commission to ensure there was no negative impact on the local area.

Not only can the influx of landlords from workers entering the area be exploited.

Residents in Leston who have spare rooms or space can apply for a Sizewell C housing grant from the East Suffolk Council, which ranges from £3,000 to £7,000 as authorities want to offer an additional 1,200 during construction. A bed.

“(These) provide funding to help locals reuse potential accommodation or upgrade their spare rooms to rent additional income because the cost of living remains a real challenge for many people,” the spokesperson.

Still, Sizewell C’s recommendations may raise prices, while tenants currently living in the area are disadvantageous.

Louise Smith, 54, said that due to Sizewell, locals may no longer be able to afford to live in Leston.

She added: “Rents will continue to increase because everyone is jumping around on the trend and the landlord is cashing out.

“They can only pick one person out of the air and ask for something they like because the blog there can pay for it, and the Mr. Smith there can’t.

“It’s a pity, but the money speaks.”

According to ons79.1% of East Suffolk people are in paid work or have a job, with an average weekly salary of £604, which is equivalent to £29,596 for those working for 49 weeks a year.

Wenge Yuan, 58, has lived in Leston for more than three years and is one of those who care about rent increases.

“When we left, our landlord told us that he would go up a lot because the environment has changed.

“There are more workers coming here and the market is rising and getting hotter.

“This is not good news for those who need a rental, and living here will become more challenging.”

John Steven, 72, said he moved into an apartment in Leston in 2019 but his landlord had to leave when selling the property.

“When I moved here, my rent was £625 a month, but now the bill for the same apartment is for at least £1,500, and I believe that’s because of Sammiwell,” he said.

“I know a lady herself wanted to find somewhere in Leston, but that was impossible and the price was rising.

“It’s unfair to people who live here, and if someone wants to go to Leston, it’s impossible to live a life here – I can’t afford what they charge for.

“Those who don’t work for Sizewell are farming in the area. If my landlord decides to sell, I don’t know where I’d go.”

“We do need nuclear power, but unfortunately, rents are going to be a nightmare,” said Steven Grant, 60.

“You don’t have a chance right now, so you might as well give up and deal with it. What are you going to do? It’s done.”

Leiston is known for being a once thriving manufacturing town, with the acclaimed long-store museum and the town’s film theater being two attractions for visitors.

It said Sizewell C, partly funded by EDF, will support up to 70,000 jobs and provide energy for 6 million homes over the past 60 years.

In December, Sizewell C, which owns 85% of the government, also launched 35 new apprenticeships – the first of nearly 100 new early career roles that will eventually be available in the project.

The people behind the site say they are working closely with the East Suffolk Council housing team to ensure “no negative impact on the private housing sector and locally, including on private impacts” 5,508 people live in Leston.

This includes signing of an obligation deed and a lodging working group to monitor the impact of the labor force on the local housing market from now until the end of the construction period.

A spokesman for the East Suffolk Commission added: “We recognize that this has the potential to affect local residents.

“While we have limited control over personal rent alleged by private landlords, we will continue to work with Sizewell C, Saffolk County Council and the wider community to mitigate the impact.”