A developer-free zone for decades: well-connected New Cross Gate is quietly becoming a property hotspot

Young north London families and Canary Wharf workers are scouting this already well-connected, south-east London district.

From £725,000: nine new townhouses at The Cotton Yard, in the Hatcham conservation area

David Spittles9 April 2019

Already one of the capital’s best-connected Zone 2 locations, New Cross Gate is awaiting the Bakerloo line extension that will put it six stops from Oxford Circus.

This still-gritty south-east London district is ripe for regeneration, with a creative vibe rippling out from Goldsmiths, University of London.

A developer-free zone for decades, New Cross Gate is now a hotspot. The Cotton Yard lies in the Hatcham conservation area, a traffic-free enclave tucked away behind the busy A1. Nine new townhouses have been slotted into a linear strip of land between Victorian terraces.

These modern-looking homes have up to four bedrooms plus an open-plan ground-floor family space opening on to a garden. Prices start at £725,000. Call Hamptons International on 020 3151 7649.

Meanwhile, three minutes’ walk from New Cross Gate station, Bond House has apartments priced from £415,950. Call Crest Nicholson on 020 3437 1663.

From £415,950: apartments at Bond House, close to New Cross Gate station

Despite its rough image, the area has some handsome period housing, notably at Telegraph Hill, a Victorian conservation area with two parks, a church and community centre plus the highly rated Haberdashers’ Aske’s Hatcham College state secondary school. A semaphore signalling station once stood at the top of the slope.

Local agents say the district is “undervalued”. Young north London families seeking better value south of the river are scouting the area, as are Canary Wharf workers priced out of Greenwich and Blackheath. Coming soon is a huge complex of flats and shops on a Sainsbury superstore site.