Buying a property in London offers endless benefits to homemakers and investors alike. The ideal purchase can offer an excellent return on investment (ROI) opportunity, with the location placing you at the forefront of London’s very best educational institutions, retail and entertainment facilities, renowned restaurants and more. Kennington is a vibrant town in London that is located just south of the River Thames, offering buyers a slice of suburban life in its leafy surrounds. We provide the perfect neighbourhood guide to Kennington and the benefits of buying a property in London below.
Bustling local life
Attractions in Kennington include a myriad of cultural attractions, highly acclaimed restaurants, and some of the world’s most recognised shopping and retail destinations. Food enthusiasts will enjoy the assortment of Michelin-star restaurants owned and operated by critically acclaimed chefs, with the area sporting over 320 dining locations. Shoppers can travel to King’s Road, Covent Garden, Regent Street and Knightsbridge for an enjoyable retail experience as they browse retail stores and the endless array of high-end boutiques. Residents looking to enjoy a cultural experience in London can visit the Oval House Theatre, Imperial War Museum, and The White Bear Theatre.
Transport and schooling in Kennington
Connectivity:
Kennington is brimming with modern transport infrastructure, making it easy to travel throughout London and beyond. Situated in the heart of Kennington, Oval Village is a short 10-minute walk to the 3 nearby Underground stations, a bus terminal and the mainline train station. The city’s outstanding transport links make it remarkably easy and convenient to travel to various attractions and locations throughout scenic London. Kennington Station is now a Zone 1 station with the new Northern line extension to Battersea and Nine Elms.
Educational institutions:
Kennington is brimming with many highly rated schools and other educational institutions. Primary schools in the Kennington region are ample and include Pimlico Primary School, Queen’s Gate School, and Westminster School. Magdalen College School is a top-ranked primary and secondary independent school that accommodates students aged 7 to 19 years old. Kings Oxford is another highly regarded secondary school that offers GCSE and A-level learning programmes to students. Universities and colleges are close by, including the University College London, Chelsea College of Arts, London School of Economics, and Boston University London.
Buying a property in London: about Oval Village
Oval Village, a development by Berkeley, a proud member of the Berkeley Group, is positioned next to the world-famous Oval Cricket Ground. A short walk from the River Thames and near an abundance of trendy shops, bars and restaurants, it is situated between the Oval, Vauxhall and Kennington stations. Oval Village offers buyers an assortment of Manhattan, 1-, 2- and 3-bedroom apartments, which can offer great capital growth and rental potential.
Facilities at Oval Village:
Living at Oval Village includes access to a host of luxury residents-only facilities and services. These include a hydro pool, beautifully manicured private gardens, cafés, an on-site gym, a spa, a sauna, and a business lounge. Additionally, residents also enjoy 24-hour concierge service and private cinema.
Located in Zone 1 of the Kennington area, Oval Village is within close proximity to transport infrastructure to some of London’s finest attractions. Situated in the heart of Central London, Oval Village is an exciting new neighbourhood that forms part of the acclaimed Berkeley Group portfolio of developments.
Oval Village is a picturesque oasis in the middle of vibrant London, offering investors and homeowners seeking residential real estate a property that showcases the true English way of life while seamlessly blending with the urban landscape. The award-winning Kennington Park is a mere 5-minute stroll away, with Bonnington Square Pleasure Gardens calling to nature lovers to step away and unwind in its botanical surrounds. Those who prefer to stay home can simply enjoy the scenic views of the private lawns, with two of the phases being set amid the extensive landscaped gardens within Oval Village, namely Juniper Gardens and Phoenix Court.
Return on investment
When considering buying a property in London, it is important to analyse the capital growth potential of the property, particularly for investment purposes. The apartments in Oval Village offer investors a considerable annual yield which the highly successful London estate agency Benham & Reeves has estimated at up to 4% per year*. Additionally, it boasts exceptional rental potential due to its great location, being nearby the necessary transport infrastructure, its state-of-the-art residents-only facilities, and its close location to excellent schools, universities, and shopping and entertainment destinations. Oval Village is sure to appeal to young professionals, new families and retired individuals who enjoy living in beautiful surroundings populated with lush vegetation.
About Berkeley Middle East, Africa and India
Berkeley Group MEA and India provides easy access to a broad portfolio of best-in-class UK properties and offers local expertise to those looking to invest in this region. Our local team of experts speak Arabic and English and understands the needs of their clients and partners. From our office based in Downtown Dubai, we offer face-to-face support to our clients and partners across the Middle East, Africa and India to ensure an exceptional purchasing experience.
About Berkeley Group
Berkeley Group is one of the UK’s most respected property developers, renowned for their outstanding quality and design and for creating thriving communities. Founded in 1976, the award-winning, FTSE100 Berkeley Group comprises six companies; Berkeley, St. Edward, St. George, St. James, St. Joseph and St. William. With a strong focus on green living, Berkeley Group was awarded the Queen’s Award for Enterprise in Sustainable Development twice. All developments by Berkeley Group are built to enhance the communities in which they are designed through outstanding sustainability, landscaping, key design and sympathetic restoration.
If you are interested in investing and buying property in London, then Oval Village is certainly one to consider. From its exceptional private facilities and excellent location to the outstanding potential for rental and capital growth, Oval Village promises quality living in the heart of Kennington and Central London. Make an enquiry today to learn more about purchasing or investing in an apartment with the Berkeley Group.
Disclaimer: All information was correct at the time of publication.
Sources:
* Benham & Reeves, 2021