Why invest in west London
West London property prices: Key areas
West London property prices have experienced steady growth over the past decade, thanks to extensive regeneration and ongoing improvements to transport links. This trend looks set to continue with further upgrades planned to the local infrastructure, making central London feel ever closer.
- The average sold price in Vauxhall has increased by 18.53% over the last year (Foxtons)
- Knight Frank have estimated a 12.6% projected property price climb between 2018 and 2022 in Vauxhall (Knight Frank, Focus On: VNEB, 2018)
Invest in the largest regeneration zone in central London
An area of 227 hectares (around 162 football pitches) has been earmarked for regeneration along the Thames’ South Bank. It stretches from Lambeth Bridge in the north, to Chelsea Bridge in the south and covers the Albert Embankment, Vauxhall and part of north Battersea. Plans were agreed in principle in 2012, with work expected to continue through the 2020s. (London.gov.uk)
“Around 60% of the 5,650 private residences under construction in the area have been sold already proving this to be a popular prospect” (Knight Frank, Focus On: VNEB, 2018).
Designed to be an “architecturally significant” residential, cultural and business quarter, construction is underway across the Vauxhall, Nine Elms and Battersea (VNEB) area. The aim is to create a “distinctive new central London neighbourhood” (Lambeth.gov.uk).
Work will include the £1.2bn regeneration of Battersea Power Station, a new ‘tower cluster’ on the South Bank and transport improvements such as the £36m revamp of Vauxhall station.
Our Keybridge development is at the heart of Vauxhall – the gateway between VNEB and prime central London. Find out more about Keybridge today.
New business links
VNEB will include half a million square metres of new office space – the equivalent of 2,000 tennis courts.
- The US embassy opened its new building in Nine Elms near Vauxhall in early 2018
- The Dutch embassy has announced it's following suit, which will bring more embassy staff to the rental market
- Apple plans to move 1,400 staff from eight different offices across London to their new headquarters at Battersea Power Station in 2021
Central London has never been easier to reach
As transport links continue to improve thanks to regeneration investments, so do commuter times into London, making this area popular for young professionals.
Public transport to shout about
According to Knight Frank, “91% of London tenants want to live within a 12-minute walk of the nearest transport link.”
The Vauxhall area is one of London’s best-connected. Transport for London (TfL) offers a scoring system that measures the distance to the nearest public transport stop and service frequency, and they’ve given Vauxhall the highest possible score. Put simply, that means there's unrivalled access to the City and beyond. Residents can expect a three-minute Tube ride to Victoria, while they’ll be able to reach the whole of the West End and the City within 30 minutes.
The Elizabeth line (Crossrail) and the Northern Line extension
Due to open from 2018, the Elizabeth line (previously known as Crossrail) is a new railway running underneath central London, through west London to Reading. This service is set to halve journey times across the Capital and put an additional 1.5 million people within a 45-minute commute of central London.
The £1.2bn Northern line extension, due to complete in 2020, will carry Tube passengers out as far as Battersea Power Station. Two new stations at Nine Elms and Battersea will provide direct access to the West End and the City in just under 15 minutes.
Our Keybridge development will be a four-minute walk from Nine Elms station, meaning residents will have access to the City in less than 20 minutes.
An area with proven rental potential
West London is popular among renters and there's a particularly high demand for properties in Vauxhall thanks to the areas location and pricing:
“Vauxhall represents value for money for many people…This is an area that is regarded as being a good transport hub and of course, Vauxhall Bridge ensures people can head to the city quickly on bike or by car. This easy connectivity to a major employment area means that Vauxhall is attractive for property buyers and tenants alike” (Regent Property).
The local borough of Lambeth attracts young professionals that are looking to move as their companies relocate to the reinvigorated business hub at Nine Elms.
“The rental market is strong in Lambeth, with current rents of £2,019 pcm after growth of 11% over the last year. Comparatively, rents across London overall rose by 4%” (CBRE Residential, Residential London Living).
“UCAS has reported a year on year rise in the number of international students attending UK universities with University College London topping the list of recruiters during the last academic year” (The UK Council for International Student Affairs).
Our Keybridge development is approximately 20 minutes away from University College London, King’s College London, The London School of Economics, and Imperial College London, which are all part of the Russell Group of leading British universities.
Where to invest in west London: Your summary
Looking to invest in west London property? Regeneration zones, new job opportunities, improved transport connections to the rest of the Capital, and increasing house prices are raising this area’s profile among investors, buyers and renters.
Vauxhall offers a riverside location at the centre of London’s largest regeneration zone. The Houses of Parliament are just a short walk away, across Westminster Bridge. While a new bridge, expected to join Pimlico and Nine Elms, will offer even better access to the north shore of the Thames.
A planned £1bn revamp of local infrastructure will create more jobs and improve transport connections, making central London feel even closer.
Our Keybridge development is at the heart of Vauxhall and offers all the benefits of living in this regeneration hotspot along with some pretty neat amenities, ranging from a residents' business lounge, to a 15-meter pool, gym and spa.
Ready to invest in west London property?
Here are the top reasons you should get ahead of the game and invest in west London property:
- Large-scale regeneration across Vauxhall, Nine Elms and Battersea is bringing new business and job opportunities to the area, with property prices on the rise. According to research by Dataloft, there was a “17% uplift in annual price of apartments in regeneration developments” between 2012 and 2016 (Dataloft, London Market Report).
- Faster and more frequent transport connections thanks to the Elizabeth line (Crossrail) and the Northern line extension are contributing to a rise in house prices and an increased rental demand.
- Increased employment opportunities make west London a popular choice for young professionals which are looking to rent in the area.
With a 12.6% projected property price climb between 2018 and 2022 in Vauxhall, increasing property prices, and improved transport connections bringing central London within easier reach, now is the time to invest in west London.
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Why live in west London
With fast transport links, a vibrant culture and outstanding education, west London is a great place to put down your roots.
West London transport
Vauxhall has been given the highest possible mark for its transport links by TfL in their PTAL rating system, which scores the distance to the nearest public transport stop and service frequency. This comes as no surprise as some of London's key transport hubs are based in the area. Vauxhall station, for example, offers Tube journeys of three minutes to Victoria and seven minutes to Oxford Circus.
Northern line extension
TfL is investing £1.2bn to extend the Northern line. With two new stations at Nine Elms and Battersea, you’ll be able to travel to the West End and the City in just under 15 minutes.
Our Keybridge development is a four-minute walk from the proposed new Nine Elms station, making the journey time from your front door to the City less than 20 minutes.
The Night Tube
Since mid-2017 the Night Tube has travelled out west on both the Central line to Ealing Broadway and the Piccadilly line, all the way out to Heathrow.
This gives residents an easy way to get home after drinks, dinner, or theatre visits, as well as easier access to flights at all hours of the day and night.
The Elizabeth line (Crossrail)
The Elizabeth line will “provide new trains, better stations and easier, more reliable journeys for passengers in west London” (Crossrail).
It will deliver significant improvements to a number of stations including Ealing Broadway, Southall and Paddington. Some of the biggest time savings for commuters can be found in this area, with West Ealing, Ealing Broadway, Acton and Southall among the areas where the greatest journey times will be saved (JLL).
Although the Elizabeth line does not pass directly through the VNEB regeneration zone, journey times will be shortened between Vauxhall, Heathrow, Canary Wharf and other locations. Residents of our Keybridge development in Vauxhall can expect to benefit from the Elizabeth line service once it's up and running in 2019.
With many popular parks, open spaces and riverside walks, living in west London gives you access to a healthy and active lifestyle.
- Battersea Park, SW11 – housing a children’s zoo, large sandpit, play fort and The Pump House Gallery.
- Holland Park, W8 – for Japanese gardens and overgrown woodlands. You can even catch an open-air opera during the summer.
- Ravenscourt, W6 – home to a secret garden, a lake, two play areas and a paddling pool, as well as outdoor classic film screenings during the summer.
As part of Mount Anvil’s Thames-side development Queen’s Wharf, we opened a new riverside walkway which connects Grade II-listed Hammersmith Bridge to the Thames Path for the first time. This creates a continuous three-mile route offering an easy walk or cycle to Chiswick, Barnes and beyond.
West London education
This part of the capital is home to many educational institutions and is close to all of London’s world-class universities.
Top pre-prep and prep schools in the area include:
- Cameron House School in Chelsea
- Latymer Prep in Hammersmith
- Lion House School in Putney
There are over 200 schools rated "outstanding" by OFSTED in the area including both primary and secondary, as well as one of the first Free Schools in the country – West London Free School.
Our Keybridge development is a little over 20 minutes from University College London, as well as three other Russell Group universities – King’s College London, The London School of Economics and Imperial College London.
Things to do in west London
There are plenty of things to do in the area, from visiting cultural venues to shopping, and from attending sporting events to exploring restaurants and cafés.
West London is well known for its cultural venues, which include:
- Hammersmith “Eventim” Apollo – Grade II-listed building and entertainment venue since 1932, the Hammersmith Apollo has played host to many famous acts including The Beatles and Queen.
- Tate Britain – “the home of British art from 1500 to the present day”. You’ll find ever-changing exhibitions and events at this gallery in SW1P.
- Lyric Theatre – established in 1888, this is the oldest surviving theatre on the famous Shaftesbury Avenue.
Queen’s Wharf is home to the world-famous Riverside Studios, the original home of Dr. Who and the first studio to broadcast television in Technicolour, which we’ve redeveloped to create a Thames-side landmark for independent theatre, cinema and riverside homes.
Shopping in west London
Sloane Square and King’s Road are key destinations where you can spend the afternoon browsing a wide variety of high-street shops, as well as independent stores. Westfield Shopping Centre is a short distance away and is the largest shopping centre in Europe to have a city location, with over 360 stores to choose from.
Keybridge residents can travel to Sloane Square in less than 20 minutes by taking the Victoria Line from Vauxhall Station and changing to the District Line at Pimlico.
Places to eat in west London
Explore established restaurants and cafés like The River Café in Hammersmith, Maggie Jones in Kensington or Nutbourne in Battersea, and eat al fresco at No. 197 Chiswick Fire Station, Pergola Paddington or The Ivy Chelsea Garden.
Or why not try one of the new restaurants opening on the west London dining scene? London’s first French vegan patisserie opened in July 2018 at La Suite West in Hyde Park.
West London offers a diverse range of sporting activities, including sailing clubs along the Thames, polo at The Hurlingham Club and tennis at the Queen’s Club.
Living in Vauxhall
Residents of this regeneration hotspot can make the most of fast and frequent transport connections across zones 1 and 2, but also South Western Railway services to destinations further afield.
Vauxhall’s beauty lies in its waterfront location. With easy access to Pimlico and Nine Elms via a new bridge, residents of Vauxhall can easily get to the north shore of the Thames too.
There are lots of things to do in Vauxhall, from visiting Vauxhall City Farm and days out at the VauxWall Climbing Centre, to experiencing floatation at The Floatworks. With Tate Britain and the Southbank with its world-famous theatres and restaurants nearby, living in Vauxhall is ideal for those seeking variety.
Mount Anvil’s Keybridge development is at the heart of this neighbourhood and a six-minute walk from the Vauxhall Zone 1 transport hub, which means it benefits from fast access to central London and beyond.