Oval Village: London's newest investment hotspot

With the opening of the extension to London’s Northern Line tube route this autumn, Kennington Station is being rezoned from Zone 2 to Zone 1, thereby cementing the city-centre status of this area of South West London. This, coupled with the nearby high-profile Nine Elms regeneration, means the neighbourhoods of Oval and Kennington are set to become London’s newest development hotspots.

Ideal for investors looking to enter the UK market, Berkeley launched Juniper Gardens, the latest phase of homes at its Oval Village development, in Hong Kong exclusively with leading agent First IP, on May 15-16.

“Oval and Kennington have something to offer every London buyer,” notes Jackson Chan, First IP’s Head of Sales. “This lively corner of the UK capital provides convenient travel links into the centre of the city, a wide range of green spaces and parkland.”

“We expect to see a rise in prices in the area resulting from the Northern Line extension and the re-zoning of Kennington station to Zone 1,” says Chan. “These changes to the transport system will only reinforce the area’s proximity to central London, while improved connections to popular Battersea – not to mention lower ticket prices – will attract people moving into the area.”

Chan points out that rocketing prices in nearby Battersea highlights Oval’s excellent value in comparison. “There are good opportunities to buy off-plan now and to benefit from the anticipated price appreciation,” he adds.

Oval is an established, boutique area with plenty of independent shops, cafés, restaurants and great pubs, as well as parks. It is on the fringes of the Vauxhall Battersea Nine Elms Opportunity Area, with all the opportunities this rejuvenation brings, but is quieter than Battersea and Vauxhall.

The first collection of homes at Oval Village has attracted a wide variety of buyers seeking an apartment in an up-and-coming area close to the heart of the capital, but without the price tag that comes with a Central London property.

With the launch of Juniper Gardens, buyers have a fantastic choice of Manhattan, one, two and three-bedroom apartments set in a 16-storey building overlooking beautifully landscaped gardens, with every apartment featuring a balcony. Residents will benefit from a range of amenities comprising a 24-hour concierge, 22-seat cinema, private gym and fitness studio, swimming pool and spa, which will all be included in a future phase of the development. The beautiful new showroom, located at the sales and marketing suite, showcases Berkeley’s attention to design details.

Paul Vallone, Divisional Managing Director Berkeley, comments: “Oval is a really fantastic place to live; it has long been favoured by city dwellers looking for value, green space and excellent transport connections close to the centre of the capital. Berkeley’s Oval Village development provides an exciting opportunity for buyers who want to live amongst a new community and benefit from a wide range of excellent facilities on their doorstep. Those who reserve now, during the early phases of this significant regeneration scheme, can be the first to benefit from its expected growth potential.”

Oval and Vauxhall stations are a seven-minute walk from Oval Village. Oval is on the Northern Line (trains reach Bank in nine minutes), while Vauxhall is on the Victoria line – Victoria can be reached in four minutes and Oxford Circus in nine minutes. Trains from Kennington, an 11-minute walk from the development, stop at the new stations Nine Elms and Battersea Power Station.

Some of London’s best schools and universities are within easy reach of Oval Village, such as Harris Academy in Battersea, King’s College London and the LSE. There are also many parks and commons in the area including Kennington Park, five minutes’ walk away.

Prices at Juniper Gardens start from £575,000 for Manhattan apartments. To know more, visit First International Property’s marketing suite.

First International Property

Tel: +852 9700 3928

Eamil: enquiries@first-ip.com

Website:  www.first-ip.com