Newspaper article The Evening Standard (London, England)

London with Fringe Benefits

Newspaper article The Evening Standard (London, England)

London with Fringe Benefits

Article excerpt

Byline: David Spittles

FIRST-TIME BUYERS can live closer than they think to the capital's key business areas, they just need to search out the conveniently located cheaper homes on the fringes of the West End, City and Canary Wharf.

Start your search in the "outer ring" just beyond the congestion charge zone, where it is still possible to find good-value pockets of the inner city, some very much on the up.

Falling into this catchment area are King's Cross, Shoreditch, Whitechapel, Shadwell, Euston, Dalston, Deptford, Bethnal Green, Bow, Bermondsey, Rotherhithe, Walworth and Kennington.

Most people are happy to walk to work if it takes no longer than 30 minutes -- quicker if jogging or on one of Boris's bikes. They can get fit and save on commuting costs at the same time.

THE REGENT'S CANAL Regeneration is greatly improving the Hackney and Islington sections of the Regent's Canal in travel Zone 2. At Kingsland Basin, which is emerging as a hub for creatives priced out of Clerkenwell, a [pounds sterling]65 million project is bringing 207 new homes, a health centre, cafe, shops and offices.

London & Quadrant housing association has released the first homes for sale off-plan at Kingsland Wharves, with move-in dates scheduled for next spring. Onebedroom flats are priced from Housing association is creating a complete new neighbourhood and has released the first phase, called The Arc, with 81 apartments. Prices from [pounds sterling]299,950. Call Chesterton Humberts on 020 7288 0330. Sharedownership flats will be on offer next year. Visit

FIRST OFF THE BLOCK Buying into an up-and-coming area before it really takes off is one of the best ways for first-timers to make headway in the property market.

Dalston continues to get better. The new East London line station has created a new town centre hub, while long-standing attractions such as Ridley Road street market are becoming distinctly trendy. The Terrace, off Dalston Lane, has 34 apartments, with shared-ownership prices from [pounds sterling]96,600 (for a 40 per cent share). …

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