This quickly evolving new London neighbourhood is set to come of age in 2021. Our latest research covers our five year forecast for this rapidly changing area, as almost 5,000 residential units have been completed over the past five years as well as retail, leisure and office space.
With 4,810 further units under construction currently and 8,105 units in the development pipeline, this will ensure the area continues to evolve and grow further over the next decade. Battersea Power Station itself will not only deliver around 250 residential units, but will also become Central London’s third largest shopping destination.
We forecast a 19% sales price growth in the next five years. Once key transport facilities open including the Northern line extension in 2021, we anticipate a significant increase in rental levels as the area becomes far more appealing and accessible. For more insight into the residential market in Vauxhall, Nine Elms and Battersea, download the full report below:
