SE14 New Cross

New Cross is not the most aesthetically pleasing area in London, and it doesn’t pretend to be. Judging the area based on the road running through it would not be recommended. However, New Cross offers a unique nightlife and some great cultural contributions to the visual art, theatre and music scene.

The borough houses Goldsmiths - University of London, Haberdashers' Aske's Hatcham College and Addey and Stanhope High Schools. Students carrying musical instruments or paint canvases are seen everywhere throughout the streets. In addition to the thriving student community, a new crowd of young professionals is being drawn to New Cross, charmed by the area and interested in the seven-minute train commute to London Bridge.

The arrival of the Overground line in New Cross has made it much better connected and although SE14’s reputation might still be rough around the edges, things are changing fast. Thanks to the influx of young professionals who want more space for their money, the neighbourhood now boasts a more artistic and creative identity.

There is a shift happening in London, with the creative types moving slowly across the Thames to live and work, after the unprecedented price hikes all around east London. There’s also a lot of development activity happening in the area as new modern properties pop up to cater to high demand. Purchasing a property right now could mean becoming a neighbour to the next Damien Hirst.

The experts say

Described by The New York Times as a hub of creative talent, the area has a thriving music and arts scene, fantastic restaurants, buzzing cafés and a genuinely diverse and eclectic population. What's more, it was recently voted the best place in south east London for renting properties.GET – a coffee and a piece of cake at The London Particular. A charming little café, usually filled with students.

The property market in SE14 New Cross

There are multiple new developments being built in the area. It is a mix of residential and commercial properties. Large modern apartment complexes with rooftop gardens are being added to cater to the demand and to provide a place for residents to appreciate the view of the cityscape. With so many universities in the borough, interest in rent is high, and not on the expensive side of things. For that reason, many properties in the area can be considered a fantastic opportunity for a London property investment by foreigners. The constant influx of new students provides a strong demand and properties can easily be rented out, making New Cross a viable buy-to-let option. Properties around the area are really affordable and perfect investment opportunities. The commercial properties for sale in the area are numerous and a good bargain as the area is going through a change. Small one-bedroom residential flats are available starting from £200,000, and two-bedroom flats will start at around £300,000. Terraced houses with gardens start around £400,000 and can reach £800,000.

Three insiders tips for SE14 New Cross

GET – a coffee and a piece of cake at The London Particular. A charming little café, usually filled with students.
DO – take a class at the Lewisham Art House, whether it is photography, botany or yoga classes.
SEE – a Fringe show at the London Theatre. It is small and unassuming yet a very good chance to see some talent early on in their career.

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