A decade is a very long time in the property market, especially in London. Lots can change in ten years because of investments, buyer behaviour, and many other things. One area that has had a massive change is South Norwood. We want to have a look at it today, then if you need block management in Croydon, you can rely on us.
History
The area has quite an interesting past. At one point the whole region was a massive natural oak forest. However, people began living in the area from the 14th and 15th century. It wasn’t until the 19th century that major development came though.
The first notable project in the area was the creation of the Croydon Canal. An idea to create one dates back to 1799. A proposal got royal assent in 1801 and an Act of Parliament soon followed. It was built over the next few years, and the first use was in 1809.
South Norwood became a notable stopping point along the canal’s route. As a result, a number of pubs opened to serve guests. Some of them still exist to this day, including the Jolly Sailor. However, it was still a small hamlet into the middle of the 19th century.
The real development came after 1848 because of improvements in roads, the creation of the Selhurst Park estate, and the arrival of the railway. A factory and technical school brought more developments. Then in the 20th century more construction created rows of terraces and public housing.
Today
Just ten years ago South Norwood wasn’t a very popular spot. In fact, it had quite a bad reputation for deprivation and crime. Today though it is a hotspot that is on the up. It is one of the most interesting spots for investors who want services like our block management in Croydon.
There are a number of things to attract people to the area now. Firstly, the homes have good affordability. That is crucial for all kinds of buyers, especially families, as well as renters.
Secondly, the area is excellent for commuting. Norwood Junction Station has regular trains and it can take as little as 10 minutes to get to London Bridge on fast trains.
The area has a good community feel today too, with plenty of active local groups. A lot of the activity centres on the High Street. It has some interesting independent shops, bars, and pubs. There are also plans to regenerate it, including funding from Historic England.
There is plenty of greenery in the area too. To the north is South Norwood Lake and Grounds. This is an impressive spot because the lake was formerly a reservoir for the Croydon Canal. To the west is Grangewood Park. South has a recreation ground and meadows. The most notable spot though is South Norwood Country Park to the east.
Do you want block management in Croydon?
South Norwood is an area that has had a positive change and could see even more regeneration in the future. That should make it somewhere for everyone to consider. It remains affordable, but the chance for growth is definitely there. That could mean big rewards for people who invest now.
If you do plan to buy and need services to look after properties, we are the team for you. Our block management in Croydon is exceptional. You can also get guaranteed rent and much more. So, contact us for the best help.
