Inner-city hipsters drawn to the suburbs in search of trendy neighbourboods
With property prices continuously on the rise in central London, professionals, City workers and artists are just some of the groups leading the charge to set up home in the suburbs.
The London Borough of Croydon is one of the largest boroughs outside of London and has seen an influx of buyers over the years – with the majority initially attracted to the excellent transport connections on offer. In recent years however, the area is drawing in the creative circuit, with businesses following close behind.
The Sunday Times recently reported that Croydon has become fashionable, stating: “Long maligned for its concrete 1960s tower blocks, Croydon is suddenly white hot. It has a Tech City, homes to 1,000 start-ups, and pundits predicts that it’s only a few years away from being like Shoreditch”. In past years, Croydon was a place of solid connectivity, and now Croydon can add to that incentive, bringing a buzz of entertainment and playing host to creative types. The area features the David Lean open-air cinema, multiple pop-up shops and bars, and as part of Croydon town centre’s £1bn regeneration project, Croydon will gain a Westfield shopping centre in 2018.
Barratt London’s New South Quarter development (NSQ) is located around the River Wandle and five minutes aware from Croydon town centre. The development is made up of 923 contemporary one-bedroom suites, one, two and three-bedroom apartments and start from £325,000 to £350,000.