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Croydon continues to top London’s first time buyer hit-list

Croydon’s starter homes have risen in price by almost 20 percent over the past year, thanks to regeneration and increased demand. However, they are still around £180,000 on average cheaper than other popular boroughs with young working Londoners.

Over the last few years, Croydon has become more popular with first-time buyers thanks to its brilliant transport links and affordable prices. However, it’s also been a rather large hit with tech entrepreneurs and the next generation of self-made tech multi-millionaires which has enhanced the diversity of its cultural landscape.

The borough has dedicated itself to fostering a tech culture and community, seeking to inspire new technology and tech types. It aims to educate tech start-ups and the Croydon Tech Hub have scaled this up via mentorships, workshops and events. But it’s not just the tech fans that love the place! Live music venues, rooftop cinemas and a vast array of eateries have made Croydon an absolute hit with the trendiest London crowd.

It’s growing in popularity so quickly, that even the likes of City AM and the Financial Times have started to talk….so the question is, could Croydon be the right place for you?

If you’re getting fed up with silly costs and high prices in London, you may have considered moving just ten or fifteen minutes further afield, so you have more hard-earned money to actually spend on yourself as opposed to rent.

Soaring prices in the capital have almost forced buyers to look further afield, yet they are suddenly realising that many of the areas, including Croydon, offer the best of both worlds.

The important bits…

Commuting time to Zone 1 : 35 minutes

Amenities: Westfield Shopping Centre launching soon, Wandle park, The Addington Golf Club, 2 Vue Cinema’s, regular vibrant food market, and the Fairfield Halls plays host to a variety of theatre performances and shows

Open Space: Coombe WoodThe Addington Golf ClubSelsdon Park Golf Course and Purley Downs Golf Club

Schools: An excellent mix of top performing academic institutes including Coloma Convent Girls’ School and the independent Trinity School, to the more creative BRIT School for Performing Arts and Technology which received an outstanding rating from OFSTED.

Who lives there? Young families, tech entrepreneurs, fashion forward city workers. In addition, Kate Moss, billionaire Topshop boss Sir Philip Green, artist Tracey Emin, illusionist Derren Brown, comedian Ronnie Corbett, England football manager Roy Hodgson were all born in Croydon.

If Croydon sounds right up your street, you’ll be very happy to hear that our Croydon apartments start at just £284,950, and we now also have help-to-buy in place. That means that your very own London home could be yours with just a 5% deposit.

Inspired are holding a sales event on Wednesday 17th August on the roof terrace of Green Dragon House – call to book an appointment and to find out about availability 020 8688 6552 or email raj@inspiredassets.com.

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