Families have the opportunity to purchase large family homes close to central London at\u00a0reasonable prices due to an increasing number of downsizers putting their properties on the market. According to Rightmove, downsizers are the driving force in today\u2019s market, with\u00a0trading down now the single biggest reason given for selling<\/p>\n
Leading south London estate agent, Wooster & Stock, suggests that those trading down are\u00a0generally baby boomers that have experienced an increase in their property values in recent\u00a0years. But like the Rightmove report suggests, these people are rich on paper in terms of\u00a0property wealth but may be short of easily available cash and have decided it is not worth\u00a0holding out any longer for the recession to end and lift house prices once more.<\/p>\n
Becky Munday, Head of Sales, Wooster & Stock comments: \u201cMore retirees are downsizing\u00a0their homes in order to free up capital that is currently tied to property, in order to cover rising\u00a0living expenses. As they tend to purchase smaller homes, we are now seeing an increase in\u00a0beautiful large family houses on the market at fairly competitive prices.<\/p>\n
\u201cFor example, there are homes with four or more bedrooms available in SE5 from \u00a3800,000\u00a0to more than \u00a31.2m.2 There really are some amazing opportunities for families to cement\u00a0their London roots and for investors to build up their property portfolios.\u201d<\/p>\n
A magnificent terraced house in the picturesque Grove Lane is currently on the market with\u00a0Wooster & Stock for \u00a31,199,950. The Georgian style four bedroom terrace is in fact early\u00a0Victorian and comes with a separate two bedroom mews house. It is beautifully decorated\u00a0using a traditional colour palette with a stylish twist and has charming period features\u00a0including the signature bay window with original shutters.<\/p>\n
The open plan kitchen and dining rooms are perfect for entertaining and two sets of French\u00a0doors lead to the luscious garden complete with flower beds and lawn. The front garden is\u00a0also a highlight, designed by award winning topiarist, James Crebbin Bailey.<\/p>\n
Residents can enjoy the fruits of Camberwell\u2019s eclectic cultural mix, with The Crooked Well,\u00a0Angels and Gypsies and No. 67 all popular venues for a meal or Sunday morning coffee.\u00a0Ruskin Park is nearby and offers shady parkland and tennis courts, while local schools are\u00a0highly regarded, including Dulwich College, The Charter School, Lyndhurst Primary, The\u00a0Villa (nursery and pre-prep) and Dog Kennell Hill Primary School. Higher education\u00a0providers Camberwell College of the Arts and Kings College are also situated in SE5.<\/p>\n
Transport is also a breeze from central Camberwell, with trains from Denmark Hill station\u00a0journeying to London Victoria in around 15 minutes3. The forthcoming East London Line\u00a0extension will also provide residents with direct access to Shoreditch and Canary Wharf.<\/p>\n","protected":false},"excerpt":{"rendered":"
Families have the opportunity to purchase large family homes close to central London at\u00a0reasonable prices due to an increasing number of downsizers putting their properties on the market. According to Rightmove, downsizers are the driving force in today\u2019s market, with\u00a0trading down now the single biggest reason given for selling<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[345,30],"tags":[],"class_list":["post-4154","post","type-post","status-publish","format-standard","hentry","category-press-releases","category-housing-market"],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/www.hip-consultant.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.hip-consultant.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.hip-consultant.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.hip-consultant.co.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.hip-consultant.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=4154"}],"version-history":[{"count":7,"href":"http:\/\/www.hip-consultant.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4154\/revisions"}],"predecessor-version":[{"id":5955,"href":"http:\/\/www.hip-consultant.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4154\/revisions\/5955"}],"wp:attachment":[{"href":"http:\/\/www.hip-consultant.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=4154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.hip-consultant.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=4154"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.hip-consultant.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=4154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}