Crunch-beating properties

Whilst an economic pinch is being felt across the UK, some residential schemes are still standing strong, having incorporated the key elements required to ride the wave of economic uncertainty and beat the credit crunch.

One such scheme is Silkworks in the heart of Lewisham - a combination of stylish and distinct specification in a key location for transport, and significant regeneration plans making the area a healthy investment for the future for owner-occupiers and investors alike.

Catherine Oliphant, Head of Sales and Marketing for St James Urban Living comments: "Silkworks incorporates all the elements that make properties able to withstand the downward trend in the market: bespoke urban specification, convenience for London's key work and play areas, and a location bordering on established and affluent areas. Today's purchasers are looking for properties which will stand the test of time and appeal to a healthy range of buyer types down the road."

Located in Zone 2, Silkworks is located in the heart of Lewisham's £250 million regeneration, and is on the doorstep of desirable Blackheath and Greenwich. As part of Lewisham's face lift, a huge number of new shops, restaurants, bars and cafes are planned for the area, as well as a multi-screen cinema, new urban park and town square. Residents will also benefit from the project's plans for an improved road layout including uninterrupted pedestrian access from the rail and bus stations and high street.

A striking redevelopment of a former silk mill site, set in landscaped grounds, Silkworks has seen great interest from owner-occupiers and investors. Ideal for first-time buyers, young couples, City and Canary Wharf professionals, the scheme comprises a collection of well-appointed and designed apartments within a modern ten level building located close to Elverson Road DLR station. The scheme will provide 330 city suites, and one and two bedroom apartments in the area.

Many apartments have balconies or roof terraces, providing cool, contemporary urban oases. Interiors have been intelligently crafted for today's modern lifestyles with designer kitchens and areas for living and entertaining. Energy efficient kitchen appliances, low water-use bathroom fittings, solar thermal hot water and low energy-use light fittings are used throughout. Large windows in light and spacious rooms, finishes of the highest order and specifications of an exceptional standard combine to complete the offering at Silkworks.

Ideal for the time-conscious commuter, Silkworks is also located just 250 metres from Elverson Road DLR station, which offers journey times to Canary Wharf of 15 minutes and Bank underground station of 25 minutes.

Lewisham is close to Maritime Greenwich with excellent transportation links to the South Bank, the Tate Modern and the West End. The area is served directly by the railway network from Charing Cross, Waterloo East and Cannon Street and is only 8 minutes from London Bridge.

Prices at Silkworks start from £199,000 for a city suite. To register your interest, visit the marketing suite on Deals Gateway, off Blackheath Road, SE13 7SE, or click onto Silkworkslondon.co.uk or Stjameshomes.co.uk.