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Developer’s Focus On Buying And Investing In Croydon New Homes

Posted 28 April 2023 by Keith Osborne

Award-winning housebuilder London Square has investigated what Croydon offers to homebuyers and property investors...

London Square – a developer which has achieved many wins in the prestigious WhatHouse? Awards – is encouraging buyers and investors in brand new homes to consider the benefits of Croydon’s buoyant property market.

London Square Croydon is a development bringing 108 one-, two- and three-bedroom apartments and duplex penthouses to one of south London’s best-known and best-served districts, located on the doorstep of West Croydon station and many of the area’s shops and amenities. The 21-storey building offers residents impressive facilities of its own, with 24-hour concierge, communal lounge with landscaped terrace, two more landscaped terraces with city-wide views from the 20th storey, secure storage for 204 bicycles and membership to a car club.

These new homes are very energy-efficient, with an EPC B rating and underfloor heating. With open-plan layouts, full-height windows and generous winter gardens, properties here come with a specification including video entry system, contemporary fitted kitchens and bathrooms/en suites with top-name appliances and fittings, flooring/carpeting throughout (with a choice of colours, depending on the stage of construction) and fitted wardrobes to the principal bedroom.

London Square CroydonLondon Square Croydon

Shopping, amenities and leisure in Croydon

London Square Croyon is well placed to make the very most out of the wide spectrum of shopping, amenities and leisure facilities that Croydon has. Both the Whitgift Cemtre and Centrale Shopping Centre are just a three-minute walk away, with a mix of big-brand and independent outlets, and the many food options and events at BOXPARK are adjacent to East Croydon station, just an 11-minute walk away.

There are plenty of gyms and fitness centres, places to eat and drink and entertainment venues like Fairfield Halls, Clocktower and some diverse cinemas. For a quiet walk, run or cycle ride – or just a spot to sit and relax – places like Wandle Park, Park Hill Park and Duppas Hill Recreation Ground are all within easy reach.

The nearest major football club, Crystal Palace, is not far north of town here and there are facilities to enjoy everything from golf and tennis to swimming and trampolining.

Croydon’s transport links

Croydon is renowned for its exceptional public transport service, with direct connections to many areas around the capital through National Rail, Overground, bus and tram routes. West Croydon and East Croydon are the main stations and amongst the speedy routes that serve them are trains to London Bridge and Gatwick Airport (both 14 minutes), Canada Water (28 minutes), King’s Cross/St Pancras (35 minutes) and Brighton (45 minutes).

London Square CroydonLondon Square Croydon

Education in Croydon

Croydon offers high-quality education establishments for all ages within easy reach of London Square Croydon. Among the primary and secondary schools within three miles of the development which are rated ‘Outstanding’ by Ofsted are Chestnut Park Primary, Heathfield Academy, Harris Invictus Academy and Wilson’s Grammar School, and there are many independent school options too, including Whitgift School, Old Palace Preparatory and Cambridge Tutors College.

There are numerous colleges and universities within an easy journey from home here, such as Croydon College and The Brit School on foot and UCL, LSE and Imperial College London under 45 minutes by public transport.

Essential property numbers for buy-to-let investors in Croydon

London Square appointed Dataloft Consult to analyse Croydon’s performance for the buy-to-let rental property market and came up with some key statistics:

  • Property prices have grown by 95% in the last ten years (Inner London average 64%, and the highest of all its south London borough neighbours)
  • 10.5% annual rental growth
  • Private rented sector growing 29% between 2011 and 2021.
  • There’s a real mix of people in the rental market – based on recent tenancies, 30% were single, 41.5% couples and sharers, and 28.5% families.
  • Population projected to grow by 70,000 between 2022 and 2024.

Prices at London Square Croydon currently start at £367,000. Find out more from London Square.

 

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