Affordable London homes make New Malden a homebuyer’s paradise

You can jump on a train to Waterloo every ten minutes (Photo: Alamy Stock Photo / John Miller / Metro.co.uk)

For great schools, competitively priced homes and Korean food to die for, you can’t do better than this London suburb.

An outer suburb of London might seem like an unlikely location for a center of Korean culture, but New Malden is home to Europe’s largest Korean community, and foodies come from far and wide to sample supermarkets’ authentic kimchi, bibimbap and bulgogi. and restaurants scattered along the street. Main Street.

Homebuyers also flock for the well-performing schools, relative affordability and hassle-free journeys, with trains from Waterloo every ten minutes and the A3 nearby for a quick link to the M25. For those playing the long game, New Malden is on the proposed Crossrail 2 route.

The scales tip firmly in favor of 1930s homes, but there are pockets of older stock.

Are you going to make the move?  (Photo: Greg Balfour Evans / Alamy Stock Photo)

Are you going to make the move? (Photo: Greg Balfour Evans / Alamy Stock Photo)

“New Malden offers everything from stunning Edwardian properties with high ceilings to new developments,” says Adam Broholm of Foxtons. “We have more houses than apartments, which is why we have so many families looking to buy in the area.”

Anthony Bell of Dexters says New Malden is more affordable than neighboring Wimbledon or Kingston. “You can get a one-bedroom apartment for £300,000-£350,000 while starter family homes cost around £550,000-£650,000.”

What’s new in the region?

The third phase has been launched in Kingston East, at Kingston Road, by Fairview New Homes. The one, two and three bedroom apartments all have private outdoor space and the program’s podium gardens will soon be unveiled.

On weekends this month, potential buyers can hire a bike from the sales and marketing suite to explore New Malden and ride to Richmond Park, ten minutes away, where they can enjoy a picnic box -nices provided by independent local companies.

Prices start from £362,000 and purchase assistance is available.

Residents of Fairview Kingston East can enjoy a beautiful central garden

Residents of Fairview Kingston East can enjoy a beautiful central garden

Choose from four brand new two bedroom homes in Hyder Court, two minutes walk from the station. Accessed via a private lane, they include open-plan kitchens with built-in Bosch appliances and underfloor heating.

From £560,000, shopping assistance available.

The Fountain, by Devine Homes, offers one, two and three bedroom apartments, a short distance from the main street. They feature open-plan layouts, fully equipped kitchens and, in most cases, a terrace.

From £390,000 with shopping assistance.

Fountain Apartments are sleek and open-plan

Fountain Apartments are sleek and open-plan

Sovereign House is a collection of seven one-, two-, and three-bedroom apartments, with gleaming kitchens, Bosch appliances, engineered wood floors, and smart thermostats. Shopping assistance is available.

Prices from £399,950 for a one-bedroom home with an office.

Today, Paragon Asra Housing is launching Nest, with one and two bedroom condominium apartments between New Malden and Kingston.

They start from £140,000 for 40 per share of a one bedroom terraced house, with a total market value of £350,000.


Everything potential buyers need to know about New Malden

Average house price: £667,560

Average rent: £2,100 per month.

Residence tax (Band D): €2,154.21

Travel time to Zone 1: 24 minutes to Waterloo.

Annual Subscription (Zone 4): £2,208

Approvals: ★★★✩✩ Waitrose, Tesco Extra, Aldi, Lidl, H Mart, Korea Foods and Seoul Plaza supermarkets; Korean restaurants include Han, which has a karaoke bar, Jin Go Gae, Imone, and K-Town for an all-you-can-eat buffet; gymnasium, swimming pool and sports facilities at the Malden Centre; New Malden Athletic Club; Malden Golf Club; Jurassic Encounter Adventure Golf.

Open space: ★★★✩✩ Beverley Park has a renovated playground and new tennis courts; Green Lane Recreation Ground; Mansion Park; Hogsmill River Trail.

Schools: ★★★★★ Above average GCSE and A-level grades; all local public schools rated as outstanding or good by Ofsted; two Tiffin High Schools in Kingston upon Thames.

Crime: Well below average.

Who lives here? Families and first-time buyers, including approximately 20,000 Korean residents.

Famous faces: The scenes for the third series of the BBC thriller Killing Eve were filmed at Han’s Korean restaurant.

What’s on the property ladder?

£375,000

First level: a nice one-bedroom apartment

First level: a nice one-bedroom apartment

A recently renovated ground floor maisonette with a double bedroom, bay window lounge, kitchen/diner, shower room and garden.

Check it out via Dexters.

£650,000

A step forward: this three-bedroom house has a lot of potential

A step forward: this three-bedroom house has a lot of potential

There is potential to add both space and value to this three bedroom terraced house, which is ideally located for the main street, schools and train station.

Check it out through Curchods.

£1,895,000

Upper echelon: a detached Edwardian home on one of New Malden's most desirable roads?  I don't mind if we do (Photo: John Miller)

Upper echelon: a detached Edwardian home on one of New Malden’s most desirable roads? I don’t mind if we do (Photo: John Miller)

In one of the best roads in the region, this detached Edwardian house has six bedrooms, three bathrooms, an office and a living room with original oak paneling.

Check it out on Robert Holmes.

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