London’s Bakerloo line is set to extend, opening up new housing opportunities in areas like Lewisham, New Cross, and Old Kent Road. The extension, expected to be complete by 2029, will provide a direct link to the West End and is likely to increase property values in these areas. Lewisham, currently a hotspot for first-time buyers, offers a mix of period homes, new builds, and shared ownership schemes. The area’s regeneration plans include 1,000 new homes, new schools, and a town centre revamp. New Cross, home to Goldsmiths, University of London, is popular with students and creative professionals. It offers a mix of Victorian houses and new developments. Old Kent Road, the last area to be served by the extension, is set for a massive transformation with plans for 20,000 new homes, a new high street, and two new tube stations. The Bakerloo line extension is set to breathe new life into these areas and enhance their appeal to Londoners.
Go to source article: http://www.homesandproperty.co.uk/property-news/new-homes/take-baker-lewisham-line-new-homes-along-londons-next-big-tube-line-extension-elephant-castle