It’s only a matter of time before property prices peak in Croydon. Huge funding and investment is being pumped into the area as part of its regeneration programme along with Westfield Shopping Centre, set to transform the town’s shopping district. This will ultimately have an impact on Croydon’s desirability and therefore will have a knock-on effect with property prices. Our advice? Buy now to get your foot in the door and reap the benefits of what Croydon has to offer, both now and in the near future.
Here are our top reasons why you should buy in Croydon…
Croydon is set to make its mark on London’s landscape as the recipient of a £5.25bn borough-wide redevelopment project. This investment is being used to create new homes, improvements to transport including TFL’s Fiveways project, a new improved West Croydon Station, greater tram capacity and additional bus services. Additionally, there will be improvements to key streets in the town centre, funding for cultural projects and of course investment into the towns retail offering (See next point).
A shopper’s paradise
Although Croydon has a town centre with a number of high street chains, from late 2019 work will be underway for the arrival of a brand-new Westfield Shopping Centre. Earmarked for completion in 2023, Westfield will be home to hundreds of new shops, including John Lewis, Waitrose and Marks and Spencer (so we hear), opening up plenty of job opportunities. The anticipated development will bring Croydon’s shopping experience into the 21st century.
Wherever you decide to buy in Croydon, the borough has fantastic transport connections across both bus and train networks. East Croydon train station has quick services into London as well as London Gatwick and Brighton, as well as trams reaching Wimbledon and Beckenham in the London Borough of Bromley.
Croydon has plenty of schools, including state and private offering fantastic educational opportunities. Coloma Covent Girls’ School, Harris Academy Purley, Archbishop Tension’s CE High School and Riddelsdown Collegiate are all up there as top secondary schools, while Ridgeway Primary School and Nursery, Oasis Academy Shirley Park Primary School and Harris Primary Academy Kenley are amongst a number of Ofsted ‘Outstanding’ primary schools. It is worth doing you research before deciding on an area to move to to see what schools are within the catchment area and assess their reputation.
Town vs country
Croydon may be a large town but there is plenty of green space if you prefer the outdoors, catering for both townies and country bumpkins. Head to South Croydon for the greener parts where there are lots of parks, commons and golf courses, not to mention the North Downs ideal for long walks and offering stunning views across London.
With Croydon currently under-going serious investment, potential buyers would be wise to make the move before prices start to climb. Take a look at our developments in Croydon here.