Battersea is a residential inner city district of south London and falls into the London Borough of Wandsworth. Much of the property in Battersea that lines the railway is council housing which was built to relieve overcrowding issues.
The area was once heavily industrialised and this can still be seen with the looming figure of Battersea Power Station remaining on the river bank. The power station is now a well-known landmark and is a Grade II listed building. There are now plans to redevelop the site to cater for both office and residential tenants and rejuvenating property investment in Battersea.
In addition to the power station, there are now a large number of architecturally-acclaimed riverside and park-side homes which are proving hugely popular to the 75,000 people that call Battersea their home.
As industry in the area began to decline in the 1970s, local government went through a phase of large scale clearances and established substantial planned housing. Construction of new property for sale in Battersea has now begun again as people look to move towards the enviable park-side and riverside spots. Many factories are now being demolished to make way for new apartment buildings and council owned properties are being sold off. The Shaftesbury Park Estate is a conservation area which is made up of over a thousand preserved Victorian homes.
However, not all of the area is booming, as many Battersea neighbourhoods which are situated close to the railway have some of the most deprived local authority housing in the borough.
One of the busiest stations in Britain is Clapham Junction, which actually sits within Battersea. There are two main railway lines that cross here and there is a proposed expansion to the Northern line here. The area is also served by Battersea Park and Queenstown Road stations.
With an increase of 16.5% in the last year, the price of property for sale in Battersea is on the up. Prices have risen by £530,000 since 2000 meaning that the average property price is now in the region of £788,000.
The rental market sits a little below the average for London, but still commands a healthy £650 per week for a four bedroom property. The Royal Academy of Dance has attracted a large number of students to the area, which serves to boost the rental market further.
A new development in the area includes a new US embassy and a number of luxury apartments which are ideal spots for property investment in Battersea. Currently the highest value streets in the area are Blenkarne Road, Anhalt Road, Soudan Road, Gorst Road and Hester Road.
Battersea Park is a wonderful attraction and is famous for being the site of the first ever football match following the modern Football Association rules. Spread across 83 hectares, it is home to a zoo and the London Peace Pagoda.
Battersea Park is one of London’s main parks, but residents of the area can also enjoy the local Wandsworth Common and Clapham Common.
New Covent Garden Market is a popular draw to Battersea thanks to its wholesale fruit and vegetable stocks.
Battersea Dogs and Cats Home is the country’s most famous refuge for abandoned pets.
Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help.
Arrange a FREE call back from one of our team!
Call our team today on +44 (0) 161 337 3890