Deptford’s transformation from defunct dockyard into covetable riverside locale has unlocked a world of property potential, not least the opportunity to enjoy high-rise views over Canary Wharf from the comfort of your sofa. Despite its central location, the area retains a thriving independent arts scene fuelled by the nearby Goldsmiths College.
Deptford Creek’s new crop of swish apartment complexes has made riverside living more affordable than ever. With house prices growing by around 10% in the past two years*, those buying off-plan are enjoying a considerable return on capital growth.
SE8 is best for…
City professionals and arts graduates who are looking for a sophisticated first home within easy reach of central London.
Bricks and mortar
The ornate terraces of Albury Street, where the 18th-century shipwrights used to live, pay testament to Deptford’s naval past but are a rare treat in a largely redeveloped landscape of glittering, riverfront new builds and swathes of converted ex-council flats. There are also pretty Victorian terraces overlooking Deptford Park.
High street hangouts
Renowned for its boisterous marketplace, Deptford High Street is a clash of cultures where pie and mash shops like Manze’s line up next to Jamaican patty joints, and the historic railway arches play host to a mix of creative workshops. Local designers peddle their wares from the open studios of Cockpit Arts, while The Albany theatre provides a showcase for local dramatic talents.
Seats of learning
A good variety of primary schools serve the Deptford area, including Grinling Gibbons and Tidemill Academy, with many children progressing to Deptford Green secondary in New Cross.
Learn more about schools in the area.
Trains run from Deptford and St Johns to London Bridge in under 10 minutes, while the DLR provides fantastic connections throughout Docklands and East London.
Click here to find out more about Deptford’s transport links.
What’s the price tag?
Two-bedroom ex-council flats start from £275,000 and rise to £350,000-plus for new builds nearer to Greenwich. Small cottages on the borders of Brockley can still be found for under £450,000.
Chris Early, Sales Manager of KFH’s Canada Water branch says:
“Deptford is one of south east London’s last remaining undiscovered gems, running from the River Thames down to the A2. The area is bordered by the more illustrious postcodes of SE16, SE10 and SE4 and still retains lots of South East Charm including the thrice weekly Deptford Market. Riverside properties are always in high demand and Deptford has a large area of river frontage, some remains undeveloped but these areas are now in the minority as developers have provided ultra-modern developments popular with both domestic and overseas buyers. Hidden property gems include Foreshore which is a converted rum warehouse affording river views, Aragon Tower, a fully refurbished former council block that offers some of the best views in the capital and Deptford Park, a small park surrounded by classic Victorian Terraced houses.”
To find properties currently for sale in the area click here.
*Source: Land Registry
Illustration: James Taylor/DebutArt