Nine Elms is the newly sought-after London neighbourhood transforming the South Bank into a brand new residential and business quarter
Nine Elms offers the best of everything – infrastructure, high-quality lifestyle, excellent transport links, easy access to rest of London and is the favourite destination of well-known brands. Home to central London’s biggest regeneration area – Nine Elms on the South Bank of the River Thames – a multi-billion-pound investment programme is transforming this largely industrial district into a brand new residential and business quarter.
Cycling lanes, parks, public squares and newly-created facilities for people are the hallmarks of Nine Elms and Vauxhall. Restaurants, historic pubs, lounges and bars dot the River Thames waterside making Nine Elms an ideal location from all perspectives for a family.
Chelsea is located directly on the opposite side of the River Thames and doesn’t take much time to reach its high end, boutique shops. It is also home to some of the best fine dining places in London. In the neighbouring Pimlico, one can find London’s renowned, leading art and antiques galleries.
The iconic new footbridge links South and North banks at Battersea power station; the new Linear Park provides easy access to Vauxhall Cross. Recently, a new river bus service was launched at the power station bringing it within 20 minutes of the City and 40 minutes of Canary Wharf.
This prime central London location is attracting billions of pounds of investment from the private sector. The area is transforming on an extraordinary scale and is expected to bloom as a vibrant residential and business district in the coming decade. The new US Embassy is also located in Nine Elms, further raising the profile of the area.
It boasts excellent connectivity and transportation links. With the Northern Line Extension opening in 2020, it will take less than 15 minutes to travel to the City and the West End.
All these developments make Nine Elms unique from a residential investment purpose. There is no doubt that Nine Elms is emerging as the favourite location for Londoners. Its growing popularity has increased the average value of a home from about £800 to £1,400 per square foot, with apartments in river-facing developments reaching over £2,000 per square foot, in the last two years. The rental income is also growing gradually with properties commanding rent of £570 per week.
An integral part of Nine Elms is Sky Gardens – a 35-storey scheme providing panoramic views of London. Sky Gardens by Strawberry Star Group, an international property company specialising in Capital, Development, Acquisitions, Sales, Asset Management and Letting & Management of London property to local and international investors, is already an iconic tower having been named in London’s Tall Buildings Survey 2017 by New London Architecture. A breath-taking statement of contemporary urban living, expect it to become the preferred choice for riverside living in London.
Designed to an exceptionally high standard by the internationally-celebrated Yoo Design Team, Sky Gardens stands out among the neighbouring buildings. With two extensive gardens in the sky, the apartments also benefit from their own winter gardens and a private residents gym on the 8th-floor mezzanine level. The rococo-style entrance tower, which has been named Best Housing Project at The Sunday Times British Home Awards, is inspired by historic Vauxhall Pleasure Gardens – a park in South London which was a centre of art and architecture for 200 years.
Taking into consideration the growing demand for quality homes in Nine Elms, Strawberry Star is delivering another scheme – Bronze – on Buckhold Road in Wandsworth. Bronze will provide 77 apartments, including one-bed, two-bed, three-bed, studio and penthouses with price ranging from £ 465k to £ 1.5m. The commercial space available at the development totals 25,000 sq ft, which will be occupied by Workspace, the flexible office space operator.
Well-known architecture firm Rolfe Judd achieved planning for Bronze, while the detailed design is by the renowned ACG – Ayre Chamberlain Gaunt. Work on the scheme has already commenced and the completion is expected in the fourth quarter of 2019.
Increasingly, people are moving into Nine Elms, which offers multiple options for a high quality of life while maintaining the London standards. Sky Gardens and Bronze will remain integral to the ongoing transformation of Nine Elms stretching from Vauxhall to Wandsworth in South West London.