Wandsworth Common
Springfield Dr, London SW17, UKBasics
- Address: Wandsworth Common
- Prices from: £615,000
- Type: Apartments, Houses
- Accommodation: Houses and apartments
Description
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Description:
We are delighted to invite you to participate in the exclusive launch of Wandsworth Common. This exclusive event marks a new era of luxury within the development, offering a distinguished opportunity for you to introduce you to a selection of 1, 2, and 3-bedroom apartments, as well as 3, 4, and 5-bedroom houses.
This is an opportunity not to be missed, experience the essence of city living and make your mark in the vibrant SW17 community, with a stunning collection of apartments and houses nestled beside a breathtaking 32-acre park.
Wandsworth Common presents a compelling investment opportunity in one of South West London‘s most desirable areas. This development offers a range of 1, 2, and 3-bedroom apartments, as well as 3, 4, and 5-bedroom houses, all designed with modern living in mind.
Property Market Overview
As of October 2024, the average house price in Wandsworth was £607,000, reflecting a 4.1% decrease from the previous year. Detached properties averaged £1,727,000, semi-detached at £1,220,000, terraced houses at £864,000, and flats at £507,000.
OFFICE FOR NATIONAL STATISTICSRental Market Insights
The rental market in Wandsworth remains robust. In November 2024, the average monthly rent was £2,419, marking an 8.9% increase from the previous year. One-bedroom properties rented for an average of £1,775, two-bedrooms at £2,234, three-bedrooms at £2,587, and four or more bedrooms at £3,560.
OFFICE FOR NATIONAL STATISTICSInvestment Potential
Despite a slight dip in property prices, Wandsworth‘s rental market shows strong growth, indicating sustained demand for quality housing. Investing in a property at London Square Wandsworth Common could yield attractive rental returns, particularly given the development’s modern amenities and proximity to green spaces like Wandsworth Common and the new 32-acre Springfield Park.
Why Choose Wandsworth Common?
Prime Location: Situated within walking distance to Wandsworth Common Station, offering conveniral London.
Modern Amenities: Features include private outdoor spaces, communal landscaped gardens, and close proximity to local eateries and shops.
Educational Facilities: The area boasts several ‘Good’ and ‘Outstanding’ Ofsted-rated schools, enhancing its appeal to families.
Wandsworth Common offers investors a chance to acquire property in a high-demand area with promising rental yields. The combination of modern living spaces, excellent location, and strong rental market trends makes this development a noteworthy consideration for your investment portfolio.
Investor Highlights
- Investor information: Investing in Wandsworth Common offers a gross yield of 5.29%, net yield of 4.49%, and potential 2.98% ROI in year one, with strong capital growth prospects and a desirable location ensuring long-term value.