Encouraged by low interest rates and stamp duty changes, the number of first time buyers registering interest in south east London so far in 2016 has increased 11% year on year. We look at the areas which have seen the biggest increase in popularity among first time property purchasers.
First is Bromley, with a 67% increase in first time buyer registrations, this large town has lured in buyers with its charming Victorian terraces, great parks and multitude of shops.
This one bedroom top floor apartment is presented in excellent decorative order throughout and is located a short distance from Bromley North station.
This one bedroom property comes with its own entrance and direct access to the communal gardens, and is located closely to central Bromley.
Crystal Palace has seen a 28% increase in first time buyer registrations. Young professionals are drawn to the wealth of pubs, restaurants and cafes, as well as the excellent transport links into the city.
A lovely apartment set on the second floor of this beautiful building, located within close proximity of Gipsy Hill railway station.
A delightful one bedroom conversion flat situated on the first floor of this impressive building.
Brockley experienced a 20% increase in first time buyer registrations. Similar to Crystal Palace, the extension of the East London Line has boosted this previously little-known suburb’s profile, with buyers flocking to be part of its thriving community.
This unique top floor split level flat is located just minutes from Brockley station and is walking distance to local shops.
Source: KFH (2016)