South of the river steps into the spotlight
There was an interesting article in the Daily Telegraph recently, talking up the charms of locations south of the River Thames. South west London estate agents are always staggered when journalists paint a stark north-south divide in London as, in reality, such a gulf has never existed. With a fantastic stretch of riverside, the cultural South Bank, attractions such as HMS Belfast and The Design Gallery, and swathes of open land, including Wimbledon, Clapham and Wandsworth Commons, south London has been favoured by property buyers in the know for many years. Perhaps properties for sale in south west London are gaining more column inches today as there is a flurry of house building that is overshadowing build programmes in the north of London. For instance, the Battersea and Nine Elms area is a hive of activity with around 30 building projects covering 480 acres. Apartments, flats and houses for sale in south west London will include 3,800 new homes at the old Battersea Power station, 573 new flats at Nine Elms Point, 436 flats at One Nine Elms, 2,900 new homes at Embassy Gardens, 436 properties at Nine Elms Parkside Royal and 291 homes at Vauxhall Cross Towers. Much emphasis has been placed on the transport connections south of the river but they have never been as poor as portrayed. An efficient main line rail and underground service is now complimented by the London Overground , the DLR, the soon to commence Crossrail service and two new tube stations on the Northern line at Battersea and Nine Elms, which are due to open in 2020. Even though many of the shiny new properties are far from completion, the sense of anticipation around a developing south London is having a positive effect on house prices, say south west London estate agents. While house price growth has stalled and even entered negative territory in some parts of the capital, south London growth remains strong. In 2014, Battersea saw house price uplift of around 10%, with Clapham registering around 6% and Richmond in the region of 4%. Favourable mortgage conditions and the recent change to the stamp duty system have ensured the momentum in the south London property market continues into 2015. The home moving landscape is benefitting everyone looking at houses and flats for sale in south west London - whether they are moving from other parts of the capital to the area or are looking to move within the local community. The rapidly improving infrastructure and development of brownfield sites is the perfect complement to the existing facilities and housing stock, creating a corner of the capital that's fast becoming the envy of the world. If you are searching properties for sale in south west London and would like to be notified of the latest homes coming on to the market, contact Winkworth today.
There was an interesting article in the Daily Telegraph recently, talking up the charms of locations south of the River Thames. South west London estate agents are always staggered when journalists paint a stark north-south divide in London as, in reality, such a gulf has never existed. With a fantastic stretch of riverside, the cultural South Bank, attractions such as HMS Belfast and The Design Gallery, and swathes of open land, including Wimbledon, Clapham and Wandsworth Commons, south London has been favoured by property buyers in the know for many years.
Perhaps properties for sale in south west London are gaining more column inches today as there is a flurry of house building that is overshadowing build programmes in the north of London. For instance, the Battersea and Nine Elms area is a hive of activity with around 30 building projects covering 480 acres.
Apartments, flats and houses for sale in south west London will include 3,800 new homes at the old Battersea Power station, 573 new flats at Nine Elms Point, 436 flats at One Nine Elms, 2,900 new homes at Embassy Gardens, 436 properties at Nine Elms Parkside Royal and 291 homes at Vauxhall Cross Towers.
Much emphasis has been placed on the transport connections south of the river but they have never been as poor as portrayed. An efficient main line rail and underground service is now complimented by the London Overground , the DLR, the soon to commence Crossrail service and two new tube stations on the Northern line at Battersea and Nine Elms, which are due to open in 2020.
Even though many of the shiny new properties are far from completion, the sense of anticipation around a developing south London is having a positive effect on house prices, say south west London estate agents. While house price growth has stalled and even entered negative territory in some parts of the capital, south London growth remains strong. In 2014, Battersea saw house price uplift of around 10%, with Clapham registering around 6% and Richmond in the region of 4%.
Favourable mortgage conditions and the recent change to the stamp duty system have ensured the momentum in the south London property market continues into 2015. The home moving landscape is benefitting everyone looking at houses and flats for sale in south west London - whether they are moving from other parts of the capital to the area or are looking to move within the local community. The rapidly improving infrastructure and development of brownfield sites is the perfect complement to the existing facilities and housing stock, creating a corner of the capital that's fast becoming the envy of the world.
If you are searching properties for sale in south west London and would like to be notified of the latest homes coming on to the market, contact Winkworth today.
