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Is It Still Worth Buying Or Investing In Woolwich or Plumstead?

I haven’t had much time to put together this weeks blog so thought I would answer one of the most common questions I am being asked and by linking out to other sites.…

With Crossrail coming ever closer and with regeneration work well underway I am often asked by both home hunters and investors if they have missed the boat when it comes to buying in the area. If you are a regular reader of the blog then you will probably already know my answer to this one!

However, I’ll say it again anyway – while it was the announcement of Crossrail which enabled the investment to come into the area, there is so much more to SE18 than just the new station. So below to illustrate the point I have linked to some of the many articles published on the regeneration taking place:

‘London Loves Business’ names Woolwich as one of it’s 10 places to buy: [Where to buy property in 2017 | News | LondonlovesBusiness.com], siting Crossrail and regeneration;

Here is a local newspaper report on the £31m entertainment district with theatres and studio, for which plans were recently unveiled: [Glimpse into the future: Our reporter explores Royal Arsenal site in Woolwich set for huge transformation (From News Shopper)];

‘Homes and Property’ recently wrote this article on the arts hub: [Woolwich riverside set to rival London’s Southbank Centre: £40m proposal for major arts hub near new Crossrail station tipped to boost local house prices | Homes and Property] and how it could boost local house prices;

Architect David Adjaye gives his opinion on the creative quarter: [Woolwich Creative Quarter: renowned architect David Adjaye says London’s cultural scene is vital to communities not just tourism | Homes and Property]

And these are all just recent articles in addition to all the other regeneration projects taking place in the area.

In spite of all that is going on check out this piece from City AM which identifies Woolwich as being the cheapest place to buy along the London Marathon Route: [London Marathon house price map: The average property along the route now costs almost £700,000 | City A.M.]

With all that is happening if you would like a chat about investing in the area I will be more than happy to give you an honest opinion: paul@allavenues.co.uk