Where are today's up and coming areas in London?

michaelvintner

Lived in London most of my life and cannot understand why anyone would pay good money to live in any part of it. The further I get away from it, the happier I get.

michaelvintner

MadnessOfHPC wrote: »

There are up and coming areas in London?

No they are all sh*te and overpriced. Buy a £3 million pound mansion walk out your front door and get mugged by the low life scum living across the road in the slum council estate.

I would like it noted I am not referring to council tenants, most of who are decent people. Just the scum that the law insists must be housed. Myself I would let all the scum starve to death so the rest of us can live in peace.

michaelvintner

olly300 wrote: »

Only if you don't mind a bit of gang violence on your doorstep.

Or in estate agent speak "Livelly local community"

neverdespairgirl

ILW wrote: »

Abbey Wood and Erith and Thamesmead.

Well, the only way is up for those areas!

fc123

Californication wrote: »

It's amazing how scabby the central bits of Hoxton and Shoreditch still are considering the proximity to the City and Old St tube.

There's quite a bit of new development around Old St tube, so it might spread a bit. Although the high level of council housing doesn't help.

--C

.....the derelictness masks a thriving (and very expensive) place to live. Much of the council housing is RTB and let on to bright young things or just let on (cash in an envelope every month) to less savvy bright young things.

Son and loads of his mates are all clustered around Old St/Hoxton renting out 2/3 bed ex council maisonettes @ £1500 - £2000 pcm.

I went on the new East London line today from Shoreditch to Haggerston and walked to De Beauvoir rd. Usual big estates next to lovely late Georgian/ Victorian houses on wide quiet streets. All felt very very pricey.

I know speculators look at things like rail links coming etc but on a personal level, I would look at the things that can't be changed (like a riverside or a beach) and decide if you like them enough to compromise on other not so nice things.

Stratford reminds me of Deptford in the 70's/early 80's....and Deptford upped and came during the last decade.

Our commercial property is surrounded by extreme dereliction......abandoned gigantic armouries (mill type) buildings with every single pane of glass broken....1000's of them.

I am not too worried about crime as there is now nothing left to vandalise or steal.:o

neverdespairgirl

I agree with you - it's a very expensive place to buy / rent.

ILW

neverdespairgirl wrote: »

Well, the only way is up for those areas!

They have been saying that for teh last twenty years and for some reason Thamesmead still keeps going down.

ruggedtoast

I dont think there are any genuinely up and coming areas in London. If you mean as an investment opportunity basically there are only four areas of London.

Area 1. Fully gentrified and most likely near a tube. People will pay an arm and a leg to live in a shoebox here, and another leg in the unlikely eventuality there is a school nearby that isnt on special measures, and they are selfish / optimistic enough to want to start a family. Stabbings and shootings occur rarely here, and the police are quite fast to react, however this place is very close to...

Area 2. Grim, massively overpriced, sort of ok in a - you get used to it and it doesnt seem that threatening - way. Occasionally will make the national news when something boils over and someone is killed / knifed / shot. Police sirens are background noise but as the majority of people walking about are depressed looking white families and bewildered looking immigrant families who thought they were coming to a better life, you can generally live without fear. Much of North London is an Area 2.

Area 3. Utter hell hole. A ludicrously low standard of living and high crime rate rubbing shoulders with optimistic Guardian reading 'young professionals' trying to save enough money to get a toe hold in Area 2 trying to not to notice how fast their 20s are passing by. Probably a lot of recent immigrants here meaning the tone of the area can change quite fast for better or worse depending.

Area 4. South London. Never ever live here. Do not even think about buying somewhere. Unless you are a Sun toting white van man sky installer who thinks bottling someone outside of Yates' in Woolwich is high culture and when people die they go to Essex. In which case go right ahead.

I hope this helps.

carolt

Think most of London - or the bits I've lived in fall into a subdivision of category 1.

The problem with your analysis is it puts Kensington and Ealing, say, in the same bracket, when in reality, they're miles apart (not just geographically).

Most of London is like that - OK suburb, OK local schools, some crime but generally safe, poorer fringes, near tube.

Nice place to bring up kids...

London isn't that different to anywhere else (just more expensive, and more jobs within commuting distance).

ILW

ruggedtoast wrote: »

Area 4. South London. Never ever live here. Do not even think about buying somewhere. Unless you are a Sun toting white van man sky installer who thinks bottling someone outside of Yates' in Woolwich is high culture and when people die they go to Essex. In which case go right ahead.

I hope this helps.

Massive difference between SE and SW London.