Westfield is the best investment for purchasers at Penhurst Square
Mall giant Westfield is taking cities by storm as the arrival of the shopping centres is having a dramatic effect on nearby property values. Research from Rightmove shows that house prices in Hammersmith and Fulham, neighbouring areas to White City’s Westfield centre, rose by 12.7% as a result of the new shopping franchise, while the average London property rose by just 3.1%. Savvy shopaholics that long to find their dream home and the perfect long-term investment purchase, should look to Bellway Homes’ Penhurst Square development in popular South London ward of Addiscombe, Croydon. The brand new development is located just minutes from the newest Westfield, due to open in 2019.
Launching Saturday July 16th from the Hallmark Aerodrome Hotel, Croydon, CR9 4LT, Penhurst Square comprises a mix of modern one, two and three bedroom apartments and four bedroom homes. The stylish properties at Penhurst Square boast superb travel connections, with Tramlink services providing connections to East Croydon, West Croydon and Beckenham Junction train station in close proximity. East Croydon train station, less than one mile from the development, offers frequent services into Clapham Junction, London Victoria, New Cross Gate, London Bridge and Gatwick Airport, ideal for commuters and those who want to venture out further to extend their shopping sprees.
Mark Harrop, Head of Sales at Bellway Homes South London, comments: “We have had exceptional levels of interest in the properties at Penhurst Square already, thanks to the fantastic travel connections and much-anticipated shopping facilities. Croydon is currently benefitting from a huge regeneration programme, which will see a transformation through the areas surrounding Penhurst Square. The arrival of Westfield will bring so much to Croydon, making this development not only a great location to call home but an investment opportunity not to be missed.”
The Penhurst Square apartments boast a chic, stylish city-feel with high quality fixtures and fittings. Modern kitchens benefit from integrated Zanussi appliances whilst contemporary white bathrooms continue the theme. Some of the apartments have open plan accommodation with some including a balcony to enjoy outdoor space.
Residents will be well placed for day-to-day necessities, with several convenience stores and supermarkets in close proximity, whilst a larger selection in Croydon can be easily reached. A diverse mix of restaurants cafes and bars are within close proximity, as well as several arts and entertainment venues. Nearby Fairfield Halls is soon to undergo a two year refurbishment transformation, which incorporates space for live music performances, theatre shows and corporate exhibitions.
In addition, sports fans will enjoy the facilities at nearby South Norwood Leisure centre, just over a mile from Penhurst Square, with its two swimming pools, gym and exercise studios. Keen golfers are catered for too, with Shirley Golf Course nearby, and Addiscombe recreation ground, just 10 minutes’ walk away, offers tennis and basketball courts and football pitches for sporty residents.
Prices for the new homes at Penhurst Square will be confirmed at the launch. To register your interest and find out more about the launch event on Saturday 16th July, visit bellway.co.uk.
