London Evening Standard’s property correspondent identifies parts of the south-east set to benefit the most, from Transport for London’s (TfL) latest tube line extension.
David Spittles has announced “the capital’s next big tube project will be a game-changer for good-value SE postcodes with a bohemian edge”, with Barratt London’s Catford Green and Renaissance featured as “good-value homes”. With the proposed extension through south-east London to Kent, the “extended Bakerloo line will provide a vital new link – a fast and direct connection into the West end”.
Transport for London (TfL) is working with Southwark, Lewisham and Bromley boroughs to coordinate the regeneration along the line, and Spittles says the ‘Baker-Lewisham’ line will “provide an opportunity for home-buyers to invest now before prices rise”. “Lewisham is in the throes of a town centre makeover, bringing hundreds of new homes, a modern transport interchange, a new shopping mall and pedestrian-friendly public spaces”. Barratt London’s Renaissance is located in the heart of Lewisham and “comprises a vibrantly-coloured glass-class leisure centre and 788 new homes”.
With Catford and Lewisham “almost joined at the hip, with barely half a mile between the two town centres”, Spittles also features Barratt London’s Catford Green; a redevelopment of the Catford Greyhound Stadium into a 588-home development, “right alongside the proposed Bakerloo line station”.
Situated in Zone 3, Catford Green’s one, two and three-bedroom apartments divided over 13 buildings open on to the 54 acres of Ladywell Fields. There are two mainline railway stations on either side of the main entrance to the development - Catford and Catford Bridge - allowing residents connections to Charing Cross in just 20 minutes as well as other key, central London stations.
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