Lewisham is well located for a London Borough, with the northern tip sitting on the South Bank of the Thames across the water from the Isle of Dogs and Canary Wharf. The area is highly attractive to young people, with the largest age group being those aged between 20 and 29. First time buyers can benefit from attractive property prices and there is high rental demand too.
One of the biggest factors that draws people to live in Lewisham is the vast commercial area in the borough. It is one of the largest in the whole of South East London and offers many job opportunities and leisure pursuits. The local council has been working hard to promote the area as a thriving metropolitan hub with the aim to position it in front of Croydon, Bromley and other large areas in the region.
On top of the commercial opportunities Lewisham also has fantastic transport links. The location offers easy access to Canary Wharf and the City. The attractions in Westminster, Kensington and further west are also easily accessible. As you get further south in the Borough there are more open spaces and green areas to enjoy but access to the rest of the capital is still simple.
The Borough of Lewisham has enjoyed extensive regeneration since 2011 and projects are set to continue until 2021 and beyond. These improvements have come in both the public and private sectors, including regenerating town centres in the area, expanding and improving transport links, transforming parks, and working on schools. All of the projects are designed to help make living in the Borough a more attractive prospect.
Lewisham is very appealing for investors because of the relatively affordable property prices. Buying here can provide huge savings over other central areas, particularly those in the North. The area has a large population that continues to grow because of the opportunities offered locally. This means you can take advantage of good demand for quality homes, both to purchase and rent.
At Finefair we can support investors and prospective owner occupiers with advice, guidance and property and estate mangement in Croydon, Lewisham and all other boroughs. We offer extensive local knowledge and help our clients to find the perfect opportunity for them.