Spotlight shines on Walthamstow

The spotlight is swinging towards Walthamstow and Leyton thanks to the regeneration ripple spreading from neighbouring Stratford
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This is the real East End hinterland, where urban sprawl makes for a less attractive environment than the river-hugging districts of Docklands. But both areas are served well by transport - Zone 3 on the Tube and, from Walthamstow, quick overground trains into the City.

Investment-wise, the area looks a decent bet, and values are among the lowest in London. There are pockets of sensibly priced Victorian and Edwardian housing - those on the Warner Estate are highly sought-after.

The Village, a little enclave around St Mary’s Church with quaint narrow streets and listed cottages, is the most expensive patch, but elsewhere it is still possible to pick up three-bedroom terrace houses for less than £350,000. Opportunities are opening up to buy into brand new developments for well under £200,000.

The former Hawker Siddeley factory on Fulbourne Road is being transformed into a 250-home scheme called Forest Place. A new school with playing fields is being built alongside, while a striking Art Deco building is being restored for use by Waltham Forest Council.

Low-rise apartment buildings are grouped around landscaped gardens, all set behind gates. The scheme plugs an obvious gap in the local market. Barratt is building studio, one- and two-bedroom flats, and there will be a residents-only gym and daytime concierge.

Prices in the current phase start at £164,995 for one-bedroom apartments. Call 020 8522 5555.

Uber is the name of the development on Erskine Road, close to Walthamstow’s bustling street market. There are 100 flats. Prices will be released nearer the launch in September. Call Higgins Homes on 020 8508 6000.

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