Wandsworth area property guide

Wandsworth Town has transformed into a fashionable place to live as high prices in other areas of the borough, coupled with a billion pound investment scheme, make it one of London’s new hotspots.

Home buyers and in particular dual-income 30-somethings with and without children love the area’s diverse range of properties including cute period cottages, large early Victorian villas, mid-range period semis as well as modern riverside apartments.

“Wandsworth town centre is relatively small and consequently a few ‘villages’ within it have become the most popular places to live,” says David Barker, Wandsworth Town & Tonsleys office manager at local estate agent James Pendleton.

These include the Tonsleys, a grid of streets, many with Tonsley in their titles and containing some 600 Victorian and mostly terraced houses. Demand for these houses has pushed up the average for the area to just over £1m although some of the larger high spec properties have been on the market for up to and over £1.2 million. To give a measure of their popularity, ten years ago these wisteria covered properties were selling for approximately £400,000. This area, which is bordered on two sides by the A3 and by the A214 and A217 on the other two, is also famous for fashionable gastro pubs and cafes.

Another area that has witnessed feverish development and house prices rises recently is Spencer Park to the South West. Locals like to call it ‘millionaire’s row’ and its large mansions, one of which is home to chef Gordon Ramsay, command prices of several million pounds.

Some of Wandsworth’s most sought after addresses are those on the ‘toast rack’ roads on the edge of Wandsworth Common, so named as they are arranged in a way that resembles a stretched Dualit. Prices for detached and semi-detached houses there have been approaching (and in one case achieving) £4 million-good news for one of its famous residents, Location, Location, Location presenter Phil Spencer.

The town’s centre is tipped for great things at the moment, helped by the imminent redevelopment of the famous Ram Brewery site, formerly where Young’s beer was brewed and part of a £1 billion makeover for the town’s central streets. Nearby, more new-build developments are popping up. Stroll along the area’s former industrial wharf river frontage and you’ll see a waterfront shimmering on both sides of Wandsworth Bridge with an array of upmarket glass-and-steel apartment developments.

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New Developments in Lambeth and Wandsworth

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South West London is undoubtedly a fantastic place to live, something our team of Estate Agents in Wandsworth, Clapham, Battersea and Balham can truly attest to.  I’m sure you will agree with us when we say 2012 has been a phenomenal year for change in the area. June’s Golden Jubilee and the Olympics both redefined the word ‘community’, the monumental Battersea Power Station is finally ready for a redesign and plans to extend both the Northern Line and the London Overground into new SW postcodes are well under way.

The most exciting thing about this year’s changes is that they’re set to extend well into 2013 and beyond, as you will see from the list of upcoming developments we’ve put together here.  These plans will not only redefine the skyline of South West London but also the experience of living here and the varied amenities and lifestyles available to our clients.  We ourselves have an exciting change in store with the arrival of our eighth office in Fulham & Parsons Green-for more information take a look at our website.

Ram Brewery

Wandsworth Town has been undergoing extensive redevelopments in recent times, with the Library, Southside shopping centre and the Riverside Quarter all being redeveloped.  The Ram Brewery site is set to become 669 new homes as well as extensive retail space and a new riverside walk.  What’s more, the site is set to become home to a new microbrewery and brewing museum.

East Hill Hotel

Accessible from Huguenot Place in Wandsworth Town SW18, this hotel promises to provide 122 rooms, a range of dining and leisure facilities and a business academy complete with conference rooms.  Additional features should benefit visitors and residents alike; particularly of note is the proposed landscaping of the public space beside St Mary Magdalene church.

Jubilee Footbridge

Connecting Battersea and Fulham for the first time, the proposed Jubilee Footbridge commemorates the spot from which the queen’s royal flotilla set off for June’s pageant.  This elegantly designed structure will allow local residents quick and scenic access to the delights on the opposite bank of the river.

Embassy Gardens

This expansive development in the historically fascinating Nine Elms area of Lambeth is set to incorporate Northern Line and Barclay’s Cycle Hire extensions as well as a host of stunning new homes. Embassy Gardens will neighbour the new US Embassy and will incorporate everything a resident could need in an elegant riverside location and James Pendleton is thrilled to be involved as one of the  Nine Elms Estate Agents.

Clapham Old Town Square

Clapham Old Town’s regeneration is part of a wider series of changes set to revitalise Lambeth over the coming months.  Pedestrianisation, widened streets and newly planted greenery are set to emphasise the village quality of the area, making it a more pleasant and family friendly neighbourhood.

As South West London’s premier Estate Agents James Pendleton are delighted to live on the doorstep of such positive change.  If you have any questions or would like to enquire about a property in any of the developments in this article, please do drop in to one of our eight offices for a chat with our dedicated team.