Charles Holland, Head of Residential Development and Investment at Marsh & Parsons, on why Camberwell is an area to watch on the London property market
Best Known For…
At the heart of the neighbourhood lies Camberwell Green, which is also at the epicentre of an ambitious multi-million pound local regeneration project. As part of the rejuvenation of the area’s public spaces, the Green will have improved facilities and landscaping, cementing its position as a vibrant hub for the community. Camberwell epitomises the youthful, creative and friendly vibe of south east London, and that is reflected in its arts and music scenes and local festivals. Famous residents include model Erin O’Connor, and comedian Jenny Eclair. The writer Muriel Spark and actress Jenny Agutter also call this area home, so residents certainly keep good company.
Where Can I Shop?
A busy London village, Camberwell caters to all tastes, with many high-street stores located in the Butterfly Walk shopping arcade, near Denmark Hill train station. There are also plenty of independent outlets specialising in everything from high fashion to fine foods adding to the area’s charm.
There is no shortage of stylish places to eat or drink in Camberwell. The café culture often showcases the work of local artists and you can find plenty of Asian and Mediterranean flavours, plus entertainment in the form of live bands and comedy shows.
Arts & Culture
Top arts establishment Goldsmiths University has been located here for 200 years, and the renowned South London Gallery and Camberwell College of Arts is on the doorstep too. The area exudes artistic spirit and is home to many independent art galleries.
The Property Market
We’ve seen a major migration of artsy and tech professionals moving from Shoreditch and Islington as they get priced out of these trendsetting hubs. Camberwell is attracting attention from buyers and developers alike, and there are a variety of new-build schemes underway. For example, the Camberwell on the Green development is offering a mix of studio, one, two and three-bedroom options, with prices starting at £405,000. It’s also a popular location for investors and the nearby King’s College Hospital and universities ensure steady rental demand and growing yields. As a result, we’re anticipating strong house price growth in the area, as Camberwell becomes a destination to watch in the capital.