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Many of our clients are London or Essex based, including construction companies, double glazing specialists, flooring experts, accountants and plant hire operators. For many areas of London, especially in the South and East, the winds of change are blowing fast. Places like Woolwich, Croydon, Hackney, Brockley, Nunhead, Beckenham and Lewisham have seen an extreme increase in interest from home purchasers.
Estate agents are noticing a rise in the popularity of properties in and around these locations, thanks to a substantial amount of targeted regeneration projects. The Bakerloo and Northern line extensions, along with the Crossrail project will make travel much easier, encouraging buyers looking to move to the capital. As inner London prices have sky rocketed, people are welcoming the chance to live on the periphery.
The new Elizabeth Line, due to launch in 2018, will ensure that Woolwich transforms into a transport hub for the South East of London. Passengers will be able to travel straight through from Canary Wharf to the City and the West End without having to change trains. Partly due to this the area is experiencing significant regeneration with a recent £1.2 billion development called Royal Arsenal Riverside, plus local derelict estates are set to be turned into beautiful new homes. East Croydon is now seen as fertile ground for settling, with an abundance of retail outlets and excellent transport links.
Hackney is a mere walk into the hustle and bustle of central London, and Brockley has a unique identity boasting vibrant markets, along with good bars, pubs and restaurants. ‘Inner city gem’ Nunhead is a Southwark suburb with lots of greenery, which has had millions invested into it over recent years. Beckenham is being discovered as a des res, and with New Cross you get a definite cosmopolitan vibe without the hefty price tag. Princess Beatrice even studied here so it must have a little something special. Lewisham is another place towards which the hand of fortune is beckoning. Yes there is certainly a lot of building going on, and our clients Rhino Plant Hire, offer a vast range of heavy and small plant and equipment for hire, and some second hand machinery for sale too! Anybody planning a large scale building project or even some DIY work will find exactly what they are looking for here. Call them on 01277 372 626.