Lee: London life on the lighter side

Lee: London life on the lighter sideBackground

Lee, nearly of which lies in the London borough of Lewisham, is an area steeped in history having been a home to a number of wealthy merchants during the 17th and 18th century. It will attract people who enjoy classical buildings and a more relaxed atmosphere.

It accommodates a collection of bars and restaurants sure to keep residents entertained and with a small part of Lee situated in the London borough of Greenwich, there are a plethora of eateries and night spots well within reach of those living there.

It is also within reach of Central London via train and bus and is only ten minutes from not one but two motorways

Property

Property prices have risen sharply in the London borough of Lewisham, where Lee falls, in the past eight months. From an average price of £242,535 in June 2009, the cost of a property in the area is £254,659, an increase of 4.8 per cent.

Broken down, people looking to buy a property in Lee should be prepared to pay an average of £519,478 for a detached home, £335,681 for a semi-detached house and £271,426 for a terrace.

Similarly, buying a maisonette or a flat could prove expensive with average prices hovering at £212,015, again with a considerable increase of approximately five per cent in just over six months.

It is not just rising property prices that potential buyers will have to contend with, as deposits on average in the UK are in excess of £50,000 and believed to equate to 64 per cent of an annual wage for an individual.

However, looking for property to rent in the London borough of Lewisham - and in particular Lee - could be a more viable option.

Britons may only need to pay average of £602 per month for a studio flat or £706 a month for a one-bedroom pad in the area. Two-bedroom accommodation is available for around £900 a month and less than a thousand pounds per month to rent a three-bed home.

Transport

Lee was historically a place for wealthy merchants and when its train station was built in 1866, it gave people working in Central London a straight forward journey to work. Nearly 150 years later and the situation in still the same.

Commuters are only half an hour from Canary Wharf and less than 20 minutes from London Bridge near the state-of-the-art More London office development.

The area also has good rail links to Victoria, Charing Cross and Waterloo stations.

Anyone looking a quick getaway to the continent via Dover or Folkestone should find a quick escape to the motorway being only ten minutes from both the M25 and the M20, which links both Channel ports to the capital.

The area is also within an hour journey of Gatwick, Heathrow and London City Airports.

Amenities

Lee is well within touch of Greenwich and a number of popular visitor attractions including Discover Greenwich

In addition, pop concerts, sporting events and, in 2012, the Olympic Games, come to the O2 Arena, which lies just half an hour away via public transport.

There are plenty of bars and restaurants in the area with Italian, Indian and Turkish cuisine particularly popular. Furthermore, nearby Blackheath lists an array of modern and classical cuisine as well as a vibrant and cultured night life.

Written by Martyn Glynn

Published 29th March, 2010

© 2010 Estates IT Limited

Latest London Property News Headlines

St John's Wood brings the village atmosphere to the capital

St John's Wood brings the village atmosphere to the capital

St John’s Wood is a great location for people looking to capitalise on all the benefits of London living without being caught up in all the hustle and bustle. 

Read Article ... Published on 26th May, 2015

Yeading: Enjoy peaceful city living in an up-and-coming area

Yeading: Enjoy peaceful city living in an up-and-coming area

Yeading is a laid-back and peaceful residential area situated north-east of Hayes and is one of the most up-and-coming areas of the capital.

Read Article ... Published on 26th May, 2015

Hanwell: A green, peaceful environment for Londoners

Hanwell: A green, peaceful environment for Londoners

Hanwell is a small town located in the Borough of Ealing and is in between Ealing and Southall, providing excellent transport links to the rest of the capital.

Read Article ... Published on 26th May, 2015

Mitcham Carnival announced for June

Mitcham Carnival announced for June

Mitcham Carnival has been announced for Saturday June 13th at Three Kings Piece.

Read Article ... Published on 22nd May, 2015

Hammersmith and Fulham Council start Park consultation

Hammersmith and Fulham Council start Park consultation

Hammersmith and Fulham Council have launched a new consultation on Hammersmith Park, inviting local residents to have their say on the area and how it can be improved.

Read Article ... Published on 22nd May, 2015

New conservation areas planned around Waltham Forest

New conservation areas planned around Waltham Forest

Waltham Forest has announced plans for two new conservation areas near Lloyd Park and Bakers Arms town centre. 

Read Article ... Published on 20th May, 2015

Sutton Council announces Take Part Take Pride summer festival

Sutton Council announces Take Part Take Pride summer festival

Sutton Council has announced its Take Part Take Pride summer festival.

Read Article ... Published on 20th May, 2015

Brent Council teams with Brent Housing Partnership in new project

Brent Council teams with Brent Housing Partnership in new project

Brent Council has partnered with the Brent Housing Partnership as it aims to improve the standard of housing for local people.

Read Article ... Published on 19th May, 2015

Gardeners prepare for Islington In Bloom

Gardeners prepare for Islington In Bloom

Islington Council is preparing for this year’s “In Bloom” event by teaming up with local gardeners to identify the best greenery available in the area.

Read Article ... Published on 15th May, 2015

New fitness centre set to open in Manor Park

New fitness centre set to open in Manor Park

A new fitness centre is expected to be opened in Manor Park by Newham Council. 

Read Article ... Published on 15th May, 2015

Britons looking for a more relaxed commuter-friendly place to live may wish to consider Lee, which is located in the London borough of Lewisham and partly in Greenwich

Lee: London life on the lighter side

Do you want a Short Let?

Do you want a Commercial Let?



Like this?
Share this
Follow Net-Lettings
Facebook Net-Lettings.co.uk Twitter Net-Lettings.co.uk RSS Feed
Follow Estates IT
Facebook Estates IT Twitter Estates IT RSS Feed

Estates IT offering Estate Agents Software. Lettings Agent Software, Rental Software, Property Management Software.
Net-Lettings.co.uk

Net-Lettings.co.uk was one of the first property and agent directory websites on the internet launched in 1996. We still believe in simplicity today. Use this London Lettings Directory for all your rental property needs whether a Tenant or Landlord.

Subscribe to RSS feed, or bookmark us so you do not miss any London News Articles we publish.

London Areas

London is a diverse community of people. There are many areas to choose from we have around 245 that appear on the map and approximately 338 total London areas. Here are just a few of the latest hot areas.

Letting Agents Docklands
Letting Agents Camden
Letting Agents Notting Hill
Letting Agents St John's Wood

Advertising & Sales

This site offers Letting Agents low cost effective advertising of their web site. We are not a Letting Agency but connect you directly Lettings Agents in your required area. Letting Agents see below options available with Net-Lettings. You can contact or follow us below.

Advertise on this site ...
Register with us ...
Need Letting Agent Software?