I have just returned from an amazing trip to India for a good friends wedding (and much needed holiday). When on holiday, I like to detach as much as I can from ‘work’ but inevitably, certain things need attention. The one thing I did detach from was the newspapers and infact, the local UK news. So it was nice to come back to an article in The Times, showing ‘Best Places to Live’ – ’20 new property hotspots in the UK’ on 17th March.
Croydon came 11th out of 20, being placed in-between Leicester and Southampton. Cambridge came out on top at number 1 and Swansea at number 20.
This is what The Times said (minus the links that I have added):
Money – £5 billion – is being pumped into the borough that bought us Kate Moss, Dane Bowers and scraped-back hair. A new Boxpark – 80 recycled shipping containers turned into hip shops and restaurants (Shoreditch has one already) – opens in the summer and there are more than 1000 start-ups in the area. Over the next five years, the plan is to create more than 8000 new homes, up to 2.8 million square feet of office space, seven new hotels and 28 public squares and piazzas. House Prices: Still very cheap for the capital, at an average of £305,202, but you will pay quite a bit for shiny new-build – £505,000, for example, for a two-bedroom in the new Saffron Square Central Development.
Well… it’s pretty much what i’ve been saying for the last 2 years… and I am glad that the bigger newspapers are now picking up on it.
On another note, now that I am back, I will be searching through the portals to find you more Buy to Let deals, and much more in depth research!
Until the next one!