Oval has been identified as one of London’s most exciting property investment prospects, according to market intelligence firm Dataloft.
Located near the Vauxhall Battersea Nine Elms Opportunity Area—London’s largest regeneration project—Oval is rapidly transforming into a prime city-centre location, bolstered by its new Zone 1 status.
Rental growth outperforms london
Oval has seen a remarkable 34% rental growth over the past two years, significantly outperforming neighbouring Battersea and Nine Elms (15%) and Greater London overall (15%). The area’s proximity to Kennington, which benefited from rezoning, has further driven demand. In fact, rents in Oval surged 47% in the three years following the change, making it the fastest-growing rental location in South London within a 10-minute journey to the City.
Oval Village: a game-changing development
At the heart of Oval’s transformation is Oval Village, a landmark regeneration project by Berkeley. The mixed-use development, located between three stations, boasts the highest possible connectivity rating from Transport for London (TfL), a rare distinction that can increase property premiums by up to 120%.
Oval Village will deliver 1,360 homes, of which 35% are affordable, as well as landscaped public spaces, commercial and retail units, and community amenities. The development will feature over 64 acres of green space, including parks and a network of public paths and cycleways that reconnect the brownfield site with the local community for the first time in decades.
Historic and cultural appeal
The development is built around the iconic Victorian gasholder and adjacent to the Kia Oval Cricket Ground, adding to its appeal. Homes near heritage sporting venues can command up to a 19% premium, and properties within iconic gasholder structures have fetched up to 79% more in developments like Kings Cross.
Oval Village will include 200 homes within the gasholder, many offering direct views into the cricket ground. A communal roof terrace will provide residents with the opportunity to watch live cricket matches, further enhancing its unique appeal.
Luxurious amenities
Residents at Oval Village will have access to top-tier amenities, including a 24-hour concierge, cinema, courtyard garden, and roof terrace. The development will also feature The 1847 Club, offering world-class facilities such as a swimming pool, gym, spa, and treatment rooms.
Prices start from £580,000
Homes at Oval Village start from £580,000 for a one-bedroom property, offering buyers a chance to invest in one of London’s most exciting new developments.
For more details, visit Oval Village.