Deptford: the new place to be

27th May 2016

Deptford is proving to be a popular area for young professionals looking to live close to Canary Wharf and the City, without necessarily paying the same high property prices. New developments are springing up all the time which, combined with relatively affordable prices for a town in Zone Two, means deposits are among the lowest in the capital for first-time buyers. Lend Lease is developing six new neighbourhoods under the collective title of The Timberyard, while Barratt London is constructing five buildings containing 562 new homes at Greenland Place. In one of his final acts as Mayor, Boris Johnson gave the green light to Convoy’s Wharf, bringing 3,500 new homes to the area at a cost of £1bn.

City AM (26/05/2016)