Why we should all move to Camberwell
Fri 29 Jan 2016
Charles Holland, Head of Residential Development and Investment at Marsh & Parsons , on why Camberwell isan area to watch on the London property market
Best Known For
At the heart of the neighbourhood lies Camberwell Green, which is also at the epicentre of an ambitious multi-million pound local regeneration project. As part of the rejuvenation of the areas public spaces, the Green will have improved facilities and landscaping, cementing its position as a vibrant hub for the community. Camberwell epitomises the youthful, creative and friendly vibe of south east London , and that is reflected in its arts and music scenes and local festivals. Famous residents include model Erin OConnor, and comedian Jenny Eclair. The writer Muriel Spark and actress Jenny Agutter also call this area home, so residents certainly keep good company.
Where Can I Shop?
A busy London village, Camberwell caters to all tastes, with many high-street stores located in the Butterfly Walkshopping arcade, near Denmark Hill train station. There are also plenty of independent outlets specialising ineverything from high fashion to fine foods adding to the areas charm.
There is no shortage of stylish places to eat or drink in Camberwell. The caf culture often showcases the work oflocal artists and you can find plenty of Asian and Mediterranean flavours, plus entertainment in the form of livebands and comedy shows.
Arts & Culture
Top arts establishment Goldsmiths University has been located here for 200 years, and the renowned SouthLondon Gallery and Camberwell College of Arts is on the doorstep too. The area exudes artistic spirit and ishome to many independent art galleries.
The Property Market
Weve seen a major migration of artsy and tech professionals moving from Shoreditch and Islington as they getpriced out of these trendsetting hubs. Camberwell is attracting attention from buyers and developers alike, andthere are a variety of new-build schemes underway. For example, the Camberwell on the Green development isoffering a mix of studio, one, two and three-bedroom options, with prices starting at 405,000. Its also a popularlocation for investors and the nearby Kings College Hospital and universities ensure steady rental demand andgrowing yields. As a result, were anticipating strong house price growth in the area, as Camberwell becomes adestination to watch in the capital.