Home NewsProperty market updates “London’s kowloon tong” – Invest in Wandsworth, South-West London zone 2

“London’s kowloon tong” – Invest in Wandsworth, South-West London zone 2

One Clapham Junction is a new 5.6-acre development located in the hip neighbourhood of Clapham, adjacent to the famous neighbourhoods of Battersea, Nine Elms and Chelsea. Its unique location opposite to Clapham Junction Railway Station means the residents will enjoy seamless connectivity to the major areas and landmark of London.

Clapham is often referred to as the Kowloon Tong of London as properties in the area are mostly houses. Flats in new build developments here are rare and new launches of such schemes are even harder to come by. New homes are selling fast even by locals because there is just not enough supply of new build in this area, made popular by young professionals and affluent tenants. At its initial stage, One Clapham Junction has already received tremendous interest from local homebuyers who usually favour completed schemes over off-plan schemes because of their ready-to-move-in feature.

One Clapham Junction is within the SW postcode district, one of the most popular postcodes for house hunters in London. With only 1 minute walk*, residents will be close to one of London’s best-connected stations that takes you to Zone 1 in one stop. From Clapham Junction, Victoria station is only one stop away (6 minutes*) where you will change to Underground lines of District, Circle and Victoria. It’s only two stops to Waterloo Station (8 minutes*) which connects you to Bakerloo, Jubilee, Northern, Waterloo and City lines every 3 mins. Other popular destinations such ad Wimbledon and Richmond are only minutes away by train in less than 10 mins*. For frequent flyers, access to Gatwick Airport and Heathrow Airport is easy, in 24 mins and 41 mins respectively. Commute to The City is also a little under 30 minutes*.

Just like Kowloon Tong in Hong Kong, Clapham is also famous for its private schools and OFSTED Outstanding schools, such as Thomas’s Battersea which was attended by the Royal Prince and Princess, Belleville Primary School and Honeywell Junior School. From One Clapham Junction, many of London’s top universities are within 30 mins by public transport from One Clapham Junction, such as UCL (25 mins), Imperial College (27 mins), London School of Economics (27 mins), London Business School (32 mins) and Kings College London (25 mins).

Living in Clapham brings you both green open space and the bustle of the city’s most popular eateries, shops, and bars. One Clapham Junction is located between two of London’s best green spaces, Clapham Common and Wandsworth Common, as well as Battersea Park, all are popular among Londoners during weekends. The development is located off the local High Street. A 2-min walk will take you to the best selection of supermarkets and retail shops, such as Waitrose, Marks & Spencer and Lidl. On Northcote Road, the food culture experience is unmatched by any other areas, from street food stalls to eateries on the terrace, from local bakeries to social fining clubs and Instagram-worthy bars – this is the place to be with friends and family.
This development is a great choice of investment as prices of properties in the area have seen a 66% since 2012, and there’s an increase of 22.4% in rentals for the last 5 years. Benham & Reeves estimates a rental yield of up to 5.2%*, higher than many core districts. Furthermore, across the River Thames after a few minutes’ walk from One Clapham Junction, new build property prices in the prestigious areas of Chelsea and Fulham are now at an average of £2,396 per sq.ft. which is 2.5 times higher than the current average of £954 per sq.ft. at One Clapham Junction. This shows great value for money and also a promising potential upside.

One Clapham Junction consists of six buildings and a total of 307 carefully crafted modern homes, from studio one, two and three-bed units. Every apartment comes with a balcony. There will be on-site 24-hour concierge, a state-of-the-art fitness facilities Peloton Hub, a woodland garden and plenty of play space. There is also a social deck and sun terrace for everyone to enjoy the outdoors as much as possible. The development is expected to complete starting from Q1 2025. Enticing price from £480,500*, 2 bed from £711,000*.

Register now for 1-to-1 Private Consultation
Date: 18-30 November
Time: 10 am – 6 pm (RSVP)
Venue: Benham & Reeves Hong Kong Office in Central

Disclaimer: This is an overseas investment. Benham and Reeves (Hong Kong) Limited and its sales representatives work exclusively in relation to properties outside Hong Kong and are not licensed under the Estate Agents Ordinance (Cap. 511) to deal with Hong Kong properties. As overseas investments carry additional financial, regulatory and legal risks, investors are advised to do the necessary checks and research on the investments beforehand. Our Head Office, Benham & Reeves registered in the UK, is a member of ARLA Propertymark, the NAEA, the TDS and The Property Ombudsman for Sales and Lettings. Benham & Reeves Hong Kong EA Co. Licence C-092169. *Prices and details are correct at time of going to press. ^Travel times are an approximation only, sourced from Transport for London and may reference driving, public transport, cycle and/or walking times. Computer generated images are indicative only and subject to change. Lifestyle images are indicative only. Planning permission number: 19/4661/FUL


About the Author

With over 60 years of experience in London market, Benham and Reeves offers a comprehensive one-stop service which includes London property sales (purchase and selling) and full letting and management services to investors. Benham and Reeves Hong Kong SAR office was established in 1995 to provide real estate agency services to Hong Kong buyers, sellers and landlords in regards to all their London property needs.