Introducing Sterling Place, the most recent project from Barratt London, the largest residential developer in the United Kingdom. Sterling Place is set to revolutionize contemporary living with its 456 brand-new residences, situated on the former site of a printing facility in the Borough of Merton in South West London.
Sterling Place presents a variety of one, two, and three-bedroom flats, each meticulously crafted to offer a comfortable and chic living environment. Every apartment includes its very own personal balcony or terrace for added privacy and outdoor enjoyment.
Sterling Place is also located near affluent residential areas such as Richmond, Wimbledon and Kingston. These residential areas attract many desirable residents, forming a vibrant and welcoming community in South West London. This exciting new development brings the best of both worlds – vibrant city living while being surrounded by the majestic Mother Nature.
For nature lovers, this development is ideal for them, with the picturesque Royal Parks and Surrey Hills, a designated Area of Outstanding Natural Beauty. Surrey is also known as one of the most popular commuter towns in London, famed for its beautiful villages and UK’s iconic countryside.
Also, the Borough of Merton is known to be one of London’s greenest boroughs, with over 3,770 acres of green space that make up more than 10% of London’s total parkland. Whether you are taking a relaxing stroll or enjoying a picnic with your loved ones, there is something for everyone at the many parks that make up the Borough.
Residents in Sterling Place can enjoy excellent connectivity with three train stations, which includes Motspur Park Station, Raynes Park Station and New Malden Station, all within a short 10-minute^ walk. Traveling to Central London is made much easier, with London Waterloo only 24-minutes^ away and while Clapham Junction, one of London’s busiest interchange stations, is just a 15-minute^ train ride away. Wimbledon, home to the most prestigious tennis tournament in the world and the iconic Wimbledon Village, is only 1 stop away, which is ideal for tennis enthusiasts.
Sterling Place offers convenient access to some of London’s best educational institutions. The Borough of Merton ranks among the top 10 for the proportion of Ofsted-rated ‘Outstanding Schools.’ Additionally, Kings College Wimbledon for boys and Wimbledon High School for girls, two of the UK’s top schools, are within a short distance away. Tiffin School, Kingston Grammar, and Kingston University are also highly regarded educational institutions in the area
With only a 24-minutes^ commute to London Waterloo, traveling to many of London’s top universities is made much more convenient, with 6 connectivity lines linking the station to the rest of the city.
If you are an avid tennis fan, we have great news for you! Sterling Place is located only a short 7 minutes^ commute by rail or a 10-minute^ drive away to Wimbledon. Imagine being a part of the world-renowned Wimbledon Championship every year! Many popular cafes and restaurants are also located in Wimbledon Village, leaving residents spoilt for choice.
The London housing market has long been a favourite among Hong Kong investors, with foreign investment into London is increasing every year due to stable housing prices and higher rents, due to demand outstripping supply.
With this latest offering by UK’s largest housebuilder, Hong Kong investors have a great opportunity to enjoy consistent returns on their investment with potential for capital growth. As per data from the Land Registry, house prices in Merton have increased by 78%* in the past decade and an impressive 173%* over the last two decades, indicating significant potential for capital growth. Rental yields are also attractive, with investors achieving rental yields of up to 5.9%* .
Whether you’re looking for a new home in London or an investment opportunity, Sterling Place has it all – from contemporary homes to a highly desirable residential area with a plethora of amenities close by.
We would also like to invite you to schedule a personalised, private 1-to-1 consultation with our team of international property specialists from our Hong Kong office. Through our consultations, our clients are able to receive the latest news, insights and trends of London’s real estate market. We also provide a comprehensive aftersales service, which includes furnishing, lettings & property management, and even an in-house tax department to help our clients file the necessary taxes in the UK.
Don’t miss out on this exciting new launch and we hope to see you soon!
*Prices and details are correct at the time of going to press. Expected rental yield per annum, not guaranteed. ^Travel times are an approximation only, sourced from Transport for London and Google Maps, and may reference driving, public transport, cycling and/or walking times. Planning Permission no: APP/T5720/W/20/3250440, made on 29th of June 2021 granted by Merton council. Lease Term: 999 years. Purchasers are acquiring an interest in the land, the building to be erected thereon and/ or a right to use and occupy the properties in the building. Computer-generated images for illustrative purposes only. Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. The non-licensed staff engage in estate agency work exclusively in relation to properties outside Hong Kong and they are not licensed to deal with any property situated in Hong Kong. Property reference number: BRHK-UK231002. Last update: 18th Oct 2023. Benham & Reeves (Hong Kong) Limited License No. C-092169.
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