Why first-time buyers are flocking to historic Greenwich in south-east London

From posh Georgian pads to swish riverside new builds, Greenwich has lots of options (Picture: Metro.co.uk/ Alamy)

As home to Maritime Greenwich — one of only four UNESCO World Heritage sites in London, consisting of the old town centre, Royal Park and assortment of historically significant buildings — Greenwich has a head start over most other areas.

But its appeal doesn’t stop there. It hugs the Thames, has a brilliant market, eclectic shops and bars, museums and galleries and tons of open space where kids and dogs can let off steam.

Schools are good, the commute is quick and in 2017 it was crowned the capital’s friendliest place to live — and there’s no reason to suggest that’s changed.

Ever since Inigo Jones was commissioned to design Queen’s House in 1616, Greenwich’s striking and elegant architecture has been a talking point.

‘West Greenwich is the most expensive part, with lovely, mainly Georgian and Victorian, period homes, and Crooms Hill is widely regarded as the best road,’ says Guy Epps of Winkworth estate agents.

‘There’s been a shortage in supply of larger period houses coming to the market, which could be down to people deciding to stay put while there is a degree of uncertainty with the pandemic and the end of furlough.

Elsewhere, areas such as Greenwich Peninsula attract different buyers, mainly younger and wanting to live in contemporary flats rather than houses, and it tends to be cheaper than West Greenwich.’

Greeenwich is known for its elegant period buildings (Picture: Alamy Stock Photo)What’s on offer in Greenwich?

Greenwich Peninsula is Europe’s largest regeneration scheme, where 15,000 new homes are being created alongside shops, restaurants and other amenities.

Studio, one, two and three-bed apartments are available at Upper Riverside, a neighbourhood boasting five prism-shaped towers with facilities including a gym, pool, sauna, cinema room and sun terraces, from £487,500.

67 Park Central, the latest phase at Greenwich Millennium Village, consists of 115 one to three-bed apartments, all with private outdoor space and many overlooking parkland or the Thames, from £447,495.

Greenwich Millennium Village offers 115 one to three bed apartments

London Square Greenwich has 46 one, two and three-bed apartments in a striking Modernist-style building. Each has a balcony or terrace and space to WFH, from £520,000.

One, two and three-bedroom apartments are on offer at The Courtyard at Greenwich Square, with either a balcony or terrace and set around a landscaped garden square. They start from £450,000, via Savills.

Or there’s The River Gardens, with Help To Buy homes available

And L&Q has unveiled one and two-bed shared ownership apartments at the development, from £101,250 for a 25% share of £405,000. Reserve a one-bed by July 31 to get a bespoke interior design package.

More than half the homes in Maritime Apartments, the second and final phase of Bellway London’s The River Gardens, have now sold and the remaining one, two and three-beds start from £485,000, with London Help …read more

Source:: Metro