Goodmayes

Goodmayes Regeneration Overview

The Goodmayes neighborhood is being overhauled by Hadley Property Group, at 706–720 High Road, Goodmayes, Ilford, London IG3 8RS. This is in Zone 4. The intention is to construct a 20-storey building with 568 units. It’s part of a plan to redevelop the area around the forthcoming Crossrail line. Around 500 new homes are under construction, along with shops and community facilities. This will create a neighborhood rather than just an apartment block.

The construction began in February 2023. This is being done by Hadley Property Group in partnership with Clarion Housing Group. The council said yes to the plans following public consultation. The idea is to build somewhere we can live with more green spaces and a nicer space around the old Homebase site.

Residential. Amenities

The apartments are available in one-, two-, and three-bedroom layouts. They start at £250,000. Each apartment comes with a balcony and access to communal space. Shops and other daily needs occupy the ground floor.

Residents have access to a gym, a nursery, a health club, and a social space. The ground floor also contains retail and food shops. A new public square comes equipped with a cafe and a stage for performances. The building features roofs that benefit the environment and generate energy. There are some pedestrian and cycle ways around.

Connectivity and Location

The nearest train station is Goodmayes, and it is a minute walk to the apartments. You can get to parts of London, just not so many easily. London City Airport is a 20-minute drive away. Seven Kings station is also within walking distance. The neighborhood benefits from buses, schools, parks, and shops that make traveling easy.

The apartments are within the Crossrail growth area, which bodes well for their long-term value. Adjacent parks and green spaces are here. There are many cafes and shops along the High Road. Zone 4 means you’re sent transport links, without the central London prices.

Market Context and Investment Positioning

For those considering purchasing an apartment in London, they can expect a 2.5-4.5% income per year for that investment. The apartment may also appreciate by 5-10% per annum, too. The apartments are on sale from £250,000 for a one-bed flat. If you are looking for an apartment, you need to ask price.

If you are considering buying one of these apartments, then take into account the regeneration project, the new train line, and the varied mix of homes and shops. You can see pictures and plans of the neighborhood to help inform your decision. It’s a development, and it is Crossrail as well, so I think it is an investment good for the long term.