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Focus on Nine Elms – central London’s largest regeneration area

The Nine Elms area of London is one of the biggest regeneration areas in the UK and it’s no wonder it’s attracting heaps of attention from buyers and investors alike. We take a look at the benefits of living and investing in Nine Elms.

London Zone 1 regeneration
London Zone 1 regeneration

Nine Elms is located on the south bank of the River Thames in Central London, between Battersea and Vauxhall and falls under the borough of Wandsworth. It consists of 195 hectares of land and looks out across the river to Chelsea on the other side.

The regeneration project has successfully transformed this area from a largely industrial site and home of the former Battersea Power Station, various commercial units and railway junctions to an upmarket, chic and desirable riverside residential and business hub.

In fact, according to the Land Registry, property prices in the Borough have increased by 56% in the last decade alone. The majority of property sales over the last year have been flats and there’s constantly a huge demand for rental properties in developments such as Embassy Gardens with its sky pool, with available lets being snapped up promptly. Nine Elms is ticking all the boxes for investors seeking capital growth and healthy rental yields, as well as tenants wanting to live in the heart of this blossoming community.

Supremely well connected

In terms of transport and accessibility, Nine Elms is well positioned and has great links to central London, the rest of the South Bank and the West End. It’s in the Zone 1 travel area, with a direct link to Waterloo station, and the Northern Line has been extended to accommodate tube stations at both Nine Elms and Battersea Power Station. A short walk along the riverbank is Vauxhall Underground and a National Rail Station, so you can be transported to stations such as Victoria, St Pancras or Clapham Junction in minutes.

Thanks to its Thames riverside location, it’s well served by the Thames Clippers river bus too, which runs every 20 minutes from Battersea Power Station, plus there are good bus connections and a network of walkways, cycle paths and green spaces providing opportunities for cyclists and pedestrians.

The commercial hub in this prime central London location is home to leading companies such as Apple HQ at Battersea Power Station, the US Embassy, Dorling Kindersley, and Penguin Random House at One Embassy Gardens, with many more leading businesses on the horizon. It’s also home to the New Covent Garden Market, one of London’s most famous fruit and vegetable markets.

A sophisticated lifestyle

Battersea Power Station
Battersea Power Station

The iconic Grade II listed Battersea Power Station has recently opened its doors as an innovative location to shop, eat, drink, live and play. The 19th century building has been lovingly restored to provide residential accommodation, office spaces, restaurants, gyms, shops and cafes and is proving to be a hit with the community.

Nine Elms boasts a variety of top pubs and restaurants catering for all tastes and styles. The Alchemist serves classic dishes with a twist, and carefully crafted cocktails, Battersea Barge serves drinks on its top deck with fabulous views of the river and the Duchess Belle offers a cosy pub atmosphere. For those with a plant-based diet, Linnaean is the place to go, whilst The Nine Elms Tavern serves food made with fresh seasonal ingredients. Elsewhere, Darby’s is a NYC inspired oyster bar, bakery and grill, Oxeye is run by a Masterchef winner, whilst modern British restaurant Brunswick House serves breakfast, lunch and dinner in a Georgian mansion.

Some of the big brands and popular shops at Battersea Power Station alone, with more to come in 2023, include Abercrombie & Fitch, Adidas, Aesop, Boom Cycle, Calvin Klein, Gant, Hackett, Jo Malone, Jigsaw, Kiehl’s, L’Occitane, Mulberry, Nike, Penhaligon’s, Ralph Lauren, Reiss, Superdry and Zara.

For families, there are plenty of well-regarded schools in the area. For example, Newton Preparatory School, near Battersea Park tube station, serves the needs of 3-13 year olds, whilst Vauxhall Primary, Chesterton Primary, Griffin Primary and St George’s C of E Primary School all cater for children aged 3-11 years old. Also nearby is Mace Montessori Wandsworth, offering a pre-school day nursery and childcare options. A new Nine Elms Primary School and nursery is aiming to be open by September 2026.

With new businesses, shops and restaurants opening up all the time, Nine Elms has become a thriving, desirable and upmarket location in which to live, work and invest in, and a great example of a London regeneration project at its best.

If you would like to buy, sell, let or rent in Nine Elms, please do get in touch with our local office.


About the Author

Established in 1958, Benham and Reeves is one of London’s oldest, independently owned property lettings and sales agents.  With specialism in residential sales, corporate lettings and property management in prime areas of London, the company operates from 19 prominently located branches and 11 international offices.