Did You Know These Important Things About Living in Croydon?

Croydon is undergoing a radical change, and it’s a change that will start to become more evident in the next five or so years.  Whereas residing in Croydon was once seen as perhaps a second choice, Croydon is undergoing a radical redevelopment.  Current trends in re-urbanisation coupled with visionary plans for revitalisation are set to change Croydon from a forgotten neighborhood into a world-class destination within the greater London area.

#1: Re-Urbanisation is a Historically Documented Phenomenon   

Croydon and the Island redevelopment project are standard in best practices regarding urban planning and community revitalisation.  Typically, urban planners will find a location that is within easy reach of a city centre but also provides the benefits of living a little further from the heart of a major metropolis, such as Croydon.  Development typically starts with a centerpiece from which the community can build around, such as the Island residential skyscraper.  In the end, more attractive options for living in Croydon coupled with superior options for real estate typically attract additional commerce.  Many people want to make their commutes to work easier while still enjoying family life.  Thus, communities such as Croydon are revitalised.

#2:  The Value of Investing in Real Estate During the Revitalisation Phase

Many investors understand the inherent value of getting in on a good deal early.  Living in Croydon will likely be very different five years in the future.  Investing today can help residents get the most for their money.  Similarly, investing as soon as possible can help investors maximize returns.  Instead of only thinking about investing in a residential unit in the Island skyscraper, conceptualize your investment as investing in a dynamic community.

#3: What Typically Happens After Successful Redevelopments are Complete

Once redevelopments such as the Croydon redevelopment are well underway or complete, prices for homes and business spaces typically skyrocket.  Others are attracted to the unique proposition of being in a prime location with a great community, and the accommodation in Croydon will likely continue to improve.  Naturally, real estate prices and places in state schools become more exclusive as the quality of living continues to demonstrate an upward trend.     

#4: Get the Most for Your Money and a Better Quality of Life

Investing in Croydon real estate such as the residential units in Island Croydon can be a huge benefit later on.  Plus, it will be fine in the relatively short interim.  It will likely be a few years for Croydon’s transformation to be complete, but savvy homebuyers and investors can get the best results and superior accommodation in Croydon by investing in residential buildings such as Island today. 

See the Island development for yourself, with Phase 1 completion show apartments (including 1, 2 and 3 bed apartments) open to the public from 26^th October, 2013.

Editor’s Note: Island Croydon (http://www.islandcroydon.com/) is represented by the search engine optimisation and digital marketing specialists Jumping Spider Media. Email: info@jumpingspidermedia.co.uk or call: +44 (0)20 3070 1959.