London is changing at pace as it undergoes a building boom, with huge sums of money being poured into transforming rundown and redundant sites and creating new, rejuvenated residential neighbourhoods.
Amenities and infrastructure are being improved to cater for the expanding population. And that means that residents will be able to benefit from new schools, shops and health centres and better transport links as a result.
Whether you are looking for your first home, climbing the property ladder or investing in a buy-to-let, these are some of the developments to keep an eye out for in and around the city.
Nine Elms
Extending along the Thames from Lambeth Bridge to Chelsea Bridge, Nine Elms is central London’s biggest regeneration project, covering an area larger than Hyde Park and encompassing the new US Embassy, New Covent Garden Market, a completely refurbished Battersea Power Station, green spaces, public squares, restaurants, shops and 20,000 new homes.
Brilliant connectivity is one of its major assets with Westminster and Victoria a short walk across the river, and two new Tube stations on the Northern Line Extension – at Nine Elms on Wandsworth Road and at Battersea Power Station – are due to open next autumn.
Sky Gardens, SW8
From £614,000
There are one and two-bed flats currently for sale in this 35-storey building with views of the river, a 24-hour concierge, gym and communal gardens on the eighth and top floors.
Battersea Power Station, SW11
£870,000
Industrial interiors in this one-bed apartment, in the listed Power Station building, reflect its unique heritage. It’s set to become a mixed-use destination with 100+ shops and eateries.
Wembley
Wembley Stadium’s 133 metre-high arch is visible for miles and one of London’s most recognisable landmarks. The surroundings are generating lots of interest, too, with over 50 restaurants, street food stalls at Boxpark Wembley, London Designer Outlet for bargains, a market, public art trail, playpark and theatre.
You’ll also find the UK’s highest number of new private rental homes – some still under construction – available through Quintain Living, and several private sale and shared ownership developments. Connectivity is another plus point as there are three stations in the vicinity, and Baker Street is only two stops away.
Williamson Heights, HA9
One-bed flat from £98,500 for a 25% share of £395,000
With a roof garden, concierge, fitness studio, cinema room and co-working space, the amenities here are hard to beat, and every apartment factors in a homeworking area, too.
Wembley Parade, HA9
Three bedroom, two-bathroom apartment £750,000
Less than five minutes’ walk from Wembley Park station, this 11th floor apartment has three double bedrooms, two bathrooms, an all-in-one kitchen/dining/living room and a balcony.
Royal Docks
An incredible 25,000 homes and 60,000 jobs are planned for London’s only Enterprise Zone, where tax breaks and government support are provided to new and expanding businesses, making it a great place to live and work.
Sited on the waterfront east of Canary Wharf, it’s home to City Airport and ExCel, and Mayor of London’s office City Hall is gearing up to move from Tower Hill into The Crystal, one of the world’s most sustainable buildings.
Royal Albert Dock is being turned into a state-of-the-art business hub for Asian finance companies, and Crossrail will stop at the New Custom House station.
Royal Eden Docks, E16
One-bed flat, £450,000
A one-bedder in the latest phase, The Wellspring. All homes enjoy private outside space and have access to a rooftop running track, reflexology walkway and other communal outdoor amenities.
Royal Wharf, E16
Four-bed house, £1,253,250
At over 2,300sq ft, this four-bedroom townhouse has tons of space for a busy family, and a garden, balcony and parking. The Thames and two DLR stations are moments away.
Colindale
Until recently, this north London district probably wasn’t on most buyers’ radars, but it’s certainly making up for lost time. More than 10,000 new homes are being delivered across various developments – among them Redrow’s Colindale Gardens, on land formerly part of the Metropolitan Police Training College.
The Northern Line Tube station is getting a makeover, bus services are being improved, and the North Circular and M1 are moments away. Supermarkets and gyms have opened, and buzzy Bang Bang Oriental – the capital’s largest Asian food court – is a very welcome addition.
Colindale Gardens, NW9
One-bed flat £357,500 with London Help to Buy
This ground flat includes an open-plan kitchen/living/dining room and a double bedroom, both opening onto a wide terrace, and has underfloor heating throughout.
Beaufort Park, NW9
Three bed, three-bath apartment, £834,950
There’s tons of space in this family-friendly three-bed, three-bath, fifth-floor apartment, and you’ll have access to landscaped gardens, a spa and gym.
Tottenham
Rapidly gaining popularity with first-time buyers priced out of neighbouring Walthamstow, Tottenham is one of north London’s best-connected addresses with the Victoria line, Overground, Liverpool Street, Stansted Airport services and the proposed Crossrail 2 route all intersecting at Tottenham Hale station.
It’s close to the A10, under 15 minutes from the M11 when traffic is light, and the open spaces of Walthamstow Wetlands and River Lee are on the doorstep. Argent Related is delivering over 1,000 new homes at Tottenham Hale, and Lendlease will be transforming High Road West, next to Spurs’ new stadium.
Tottenham Hale, N17
One-bed flat, £424,000, with Help to Buy
A one-bed apartment in the inaugural phase, One Ashley Road. Residents have use of two roof gardens, and Walthamstow Wetlands is a ten-minute walk.
Hale Works, N17
Three-bed apartment, £865,000
A three-bed, two-bath home high in the 32-storey tower in the final phase of the Hale Village regeneration scheme. The building has a 24/7 concierge and a sky lounge and garden.
White City
This well-connected corner of west London has never been afraid of ambitious builds. Named after the White City stadium constructed for the 1908 summer Olympics, its mid-century Television Centre was the HQ of the BBC from 1960 until 2013, and Westfield London – which opened in 2008 and was extended in 2018 – is Europe’s biggest shopping mall.
Now the iconic BBC building has been converted into luxury apartments with a branch of the Soho House hotel and private members’ club, and St James is delivering nearly 1,500 homes at White City Living, between Westfield and the new Imperial College campus.
Ellerslie Road, W12
One-bed apartment £400,000, with Help to Buy
One of just seven high-spec flats in a newly-converted Victorian house with superb sound insulation. Consists of a kitchen/living room, shower room, double bedroom and terrace.
White City Living, W12
Two-bed apartment, £1.36million
Underfloor heating, air conditioning and superfast broadband are all included in this two-bed apartment, located in 35-storey Cassini Tower which offers touch-free access.
Southall
Try as it might, Covid-19 hasn’t succeeded in dampening the spirit of this multi-faceted, multicultural area which lies west of Ealing and only a couple of miles from Heathrow. Locals call it Little India due to the concentration of south-east Asian curry houses, food stalls, bakeries, fabric and jewellery stores stretching along the Broadway – and the annual Diwali celebrations are a sight to behold, though will be more restrained this year.
The forthcoming Crossrail station sparked an extensive programme of housebuilding, and Berkeley’s The Green Quarter, comprising 3,750 homes, is west London’s most sizeable regeneration scheme.
The Green Quarter, UB2
From £297,500, with Help to Buy
The first phase, launching soon, is made up of apartments in a variety of sizes and layouts, among them this ground-floor studio incorporating plenty of storage and a terrace.
Citypark Gardens, UB2
Three-bed, two-bathroom flat, £645,000
As big as a house, this eighth-floor apartment in the City Loft Collection has three bedrooms, two bathrooms a combined kitchen/living/dining room and two balconies.
Greenwich Peninsula
The O2 is the backdrop to a thriving new community of 15,000 homes, also called Greenwich Peninsula and spread across seven new neighbourhoods on the banks of the Thames. The commute couldn’t be easier or quicker as the local station, North Greenwich, is on the Jubilee line, just one minute from Canary Wharf and seven to London Bridge.
Not that residents need to go very far when off duty as the site incorporates green spaces, including London’s first elevated riverside linear park, cafés, restaurants, sports facilities and two schools. A Design District, offering work and gallery space for creatives, opens next spring.
Greenwich Millennium Village, SE10
From £427,500
November 7 is launch day of 67 Park Central, 115 one to three-bed apartments, with a day porter.
Greenwich Peninsula, SE10
Two-bed penthouse, £1.175million
This penthouse is one of nine in the No 5 Upper Riverside Building, and finished in natural materials to enhance the changing light and colours of the river outside.
West Ham
Just like Royal Docks, West Ham is part of Newham, a borough that hasn’t looked back since it hosted the 2012 Olympics. According to a report by Knight Frank, in terms of population it’s one of the capital’s youngest but fastest growing areas , and although average property prices have risen by over a quarter over the past five years, they’re still 35 per cent below the London average.
West Ham has tons of open space, the tube and DLR, and several large-scale housing developments, including Berkeley’s TwelveTrees Park and Upton Gardens from Barratt, which is taking shape on West Ham United’s former football ground.
Upton Gardens, E13
One-bed flat, £365,000
This one-bed apartment in a new community of 842 homes features an open-plan kitchen/living/dining room with integrated appliances and a balcony.
TwelveTrees Park, E15
Three-bed apartment £935,000
Amazing views are guaranteed from this 21st storey home, due to complete in the first half of 2024. The scheme is set around green space and has a wifi-enabled park.
Barking
London’s cheapest and fastest developing place to live, and also the location of its largest single housing scheme: Barking Riverside. When complete it will boast 10,800 homes, housing 29,000 people and become the capital’s only designated ‘healthy new town’.
Further, a new Overground station opens in December 2021, enhancing Barking’s already good transport links, as the station in the town centre has District, Hammersmith & City and Overground services, plus superfast c2c trains to Fenchurch Street and Southend.
Fresh Wharf, IG11
From £310,000 with Help to Buy
A one-bed, first floor apartment with an open-plan layout and balcony in a development overlooking the River Roding and very convenient for the North Circular.
Barking Riverside, IG11
Four-bed townhouse, £512,495, with Help to Buy
The last townhouse in the current phase extends over three floors, and includes a kitchen/dining room and separate living room leading to a terrace.
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source https://metro.co.uk/2020/10/27/london-property-hotspots-areas-to-check-out-if-buying-new-house-13484077/
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