Spotlight on Charlton SE7

21 March 2018  |  Admin  |  0 Comments

Charlton is often overlooked in favour of its swankier neighbour, Greenwich, but keep an eye on this area as it’s the next stop on the regeneration flow down the River Thomas.

The centre of Charlton, Charlton Village itself, sits on high ground way above the river. It’s home to a Jacobean manor house, built between 1607 and 1612, by Sir Adam Newton who was tutor to the eldest son of James I. The boy died before the house was completed. There is an ancient mulberry tree in the garden, planted in 1608 to cultivate silkworms.

Maryon Park in Charlton was the setting for the famous Antonioni film Blow Up. And of course don’t forget Charlton Athletic Football Club @CAFCofficial

It’s in the London Borough of Greenwich and the council has designated ‘Charlton Riverside’ as a location for a new mixed-use urban development, and developers are starting to buy up land and bring forward schemes to build on it.

There are plans over the next 25 years for up to 5,000 new homes, along with new shops and restaurants, schools, a riverbus pier and a ‘creative quarter’, to be built on a 275-acre swathe of industrial land overlooking the Thames Barrier.

Fairview New Homes currently has planning permission to demolish a series of warehouses in Victoria Way, close to Charlton station, and replace them with 330 new homes in low-rise buildings. Thirty-five per cent of these properties will be affordable and earmarked for young buyers priced off the housing ladder.

Charlton Riverside could contain at least one tall building. The Komoto Group is seeking permission for a 25-storey tower as part of a 570-home development in Herringham Road, a prime site right by the river currently occupied by various warehouses and a go-kart track.

But in the meanwhile, Charlton already has great period properties that cost two-thirds the price of those in near-neighbours Greenwich and Blackheath.

Charlton has great transport links, being close to Canary Wharf and with mainline services into central London. Trains from Charlton to London Bridge take 22 minutes. It’s only half an hour to Canary Wharf via Greenwich. When Crossrail services begin it will be possible to pick up fast services from Woolwich, one stop down the line, to the City and West End.

Charlton is great for families, with the affordable houses and some really good schools.

Cherry Orchard Primary School, Our Lady of Grace Catholic Primary School, Pound Park Nursery School and Sherington Primary School all have “outstanding” Ofsted reports. Seniors, depending on where in Charlton they live, go on to schools in Greenwich, Blackheath, or Kidbrooke.

Charlton Village has a good parade of local shops as well as two pubs, cafes and local supermarkets.

There are good-quality Victorian and Edwardian houses and flats, and a 4-bedroom family semi can be purchased for about £740,000 to £760,000.

Purchase price averages (@Zoopla) are £298,225 for a flat, with a terraced house setting you back circa £534,739.

If you’re looking to rent, a 1-bedroom property in Charlton will set you back £1,185 pcm, increasing to £1,445 for 2 bedrooms and £1,819 for 3 bedrooms.

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Photo courtesy @VisitGreenwich 

Thanks to @HomesProperty

 

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