Second steppers snap up houses in revamped Camberwell

Published On : 10/01/2018

For many homeowners, the thought of moving up the property ladder can feel out of reach, with almost a quarter finding it harder than buyer their first home, according to research by Lloyds Bank[i]. At Bellway Homes’ Elmington Green development in Camberwell properties are proving attractive and within reach of second steppers, offering a cheaper alternative to nearby areas such as Clapham.

Camberwell is an area in the midst of a modern regeneration, noted for its artistic and cultural credentials, whilst its Zone 2 location keeps residents well connected to central London and everything the capital has to offer.

The development offers a selection of one and two-bedroom apartments but it is Bellway’s three and four bedroom houses that are the most popular among 30-somethings wanted to upgrade to a new home.

Emma Denton, Sales Director at Bellway Homes, comments: “Many of our buyers at Elmington Green are in their 30s, from the local area and are buying their second property, proving we are bucking the trend when it comes to the second stepper challenges reported.

“We would encourage potential purchasers to visit this development soon and see all that Elmington Green has to offer.”

A typical three-bedroom mid-terrace home at Elmington Green is spread across three floors and offers a roof-top terrace, open-plan living spaces, and three double bedrooms. The open plan living and dining area includes French doors that open up out onto the turfed garden, the kitchens come complete with modern integrated appliances and a cloakroom completes the ground floor. The first floor includes a family bathroom and two double bedrooms, while the second floor features the master bedroom, with the luxury of a stylish en suite and fitted wardrobe, and access to the generous outdoor terrace.

Camberwell is home to a vibrant artistic movement, with Camberwell College of Arts, the South London Gallery, the Camberwell Arts Festival and several artists’ studios at the vanguard. The area also offers a selection of leisure opportunities, with a range of bars, restaurants, cafés and shops near Camberwell Green. Burgess Park is also less than a mile from Elmington Green, with a host of facilities including play areas, gardens, cycle tracks, a fishing lake, running trails, tennis courts and sports pitches, and is a venue for local events such as the Camberwell Fair.

Ideal for commuters, Denmark Hill is the nearest railway station, with regular services offering a journey time into London Victoria of nine minutes, Clapham Junction in 14 minutes, London St Pancras in 20 minutes and Shoreditch in 24 minutes. Residents can also benefit from regular bus services operating locally and across London, and the closest tube stop is Oval, on the Northern Line.

Prices at Elmington Green start from £699,995 for a three-bedroom house and £794,995 for a four-bedroom house. For first-time buyers Help to Buy is available on apartments starting from £389,995 for a one-bedroom apartment. For more information or to register your interest, visit www.bellway.co.uk or call 0203 092 9967. Help to Buy is also available on selected properties at Elmington Green. For further information, please visit www.bellway.co.uk or call 0203 553 3810.

[i]https://www.lloydsbankinggroup.com/Media/Press-Releases/2018-press-releases/lloyds-bank/returning-to-bank-of-mum-and-dad-more-second-steppers-rely-on-family-and-friends-to-move-up-the-property-ladder/

Wanda Rich

Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.