Property News · February 12, 2016

Let’s move to Abbey Wood, south-east London


It’s being reimagined. Crossrail is coming. It’s boomtime. IshWhat’s going for it? That’s the thing about urban fortunes: you never know what’s round the corner. One minute you’re living in Notting Hill, slum, the next minute Notting Hill, Notting Hill. Abbey Wood’s my dad’s patch. He left in the 1960s when the docks were on the slide, and thought he’d try his luck in a starter home past the green belt. As you did back then. Maybe Dad should have stayed. Fifty years later, Abbey Wood is being reimagined. Crossrail is coming. This time in three years, you’ll be able to hit the West End in 25 minutes, Heathrow in 51. It’s boom time in Abbey Wood. Ish. There’s already been a minor scandal in a property development trying to flog “luxury” flats to foreign investors, as if Abbey Wood were Belgravia. A couple of hundred homes are coming, a new square, a hotel and – cue drum roll – a Sainsbury’s. But for now, Abbey Wood remains one of the few places in the capital where you can buy a three- or four-bedroom house, yes house, for £300,000, yes £300,000. For now.The case against Very suburban. It’s not the most beautiful of spots. Suffers, in the eyes of estate agents, from proximity to Belmarsh Prison. Not the greatest diversity in property. Continue reading…

Source : theguardian.com
Read more…Let’s move to Abbey Wood, south-east London

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