In 2015 Plaistow in Newham was renowned as being a bit of a hidden gem in terms of homes. Stratford, its more popular neighbour, got the majority of the attention due to the huge amount of regeneration done as part of the 2012 London Olympics. Higher demand for homes and rising prices helped change attitudes though, making the area more popular.
One of the main catalysts for the emergence of Plaistow is that regeneration is starting to spread to the area. It is catching up other areas in terms of amenities and has the major advantage of being home to a Tube station on the District line. As a result residents can commute to Monument in the City of London in under twenty minutes. Canary Wharf is within easy cycling distance too.
Residents in the area have plenty of open spaces to enjoy, including two parks and two recreational grounds. These spaces offer various facilities including sports pitches, play areas, and Memorial Recreational ground even has an amphitheatre. West Ham Park is a short distance to the north and the huge Queen Elizabeth Olympic Park is around two miles away.
Another thing that really draws families to the area is the local schools. There are highly rated primary and secondary schools on offer, giving the area great staying power.
Upton Village is one of the most interesting areas in Plaistow. The housing development sits on the site of a former Victorian hospital. It is a leafy area, quite a surprising feat for such an urban setting. Many of the homes have their own gardens or allotments for growing vegetables. There is a really strong community feel and the architecture is wonderful.
If you are considering areas in Newham that could be great for property investment Plaistow definitely deserves a look. It can offer impressive savings over Stratford and all of the advantages mentioned above.
Finefair is on hand to offer support and advice to property investors. We can offer a wide array of services including portfolio management and searches. We also have a reputation as the best team for property management Newham has to offer. Our skills are highly developed and we adapt to suit the specific needs of each client.
If you would like to find out more about our services, especially property management, please contact us.