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£595,000

Kennington Lane, London, SE11

  • 1 bed
Flat

£595,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£2,716 per month

Minimum deposit amount:

£29,750
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International cricket fans will be familiar with the Oval as the site of many historic test match battles between England and teams from the Indian subcontinent and the rest of the commonwealth. However, prospective landlords will have even more reasons to take an interest in the area as UK property developer, St George, have introduced Oval Village to the local landscape. Comprising a high-quality collection of one, two and three bedroom apartments situated just a short stroll from the cricket ground, experienced investors know the benefits of getting in early with schemes like this. The convenient Zone 1 location of these new build apartments ensures that interest and therefore occupancy from corporate and professional rental tenants will always be high. The surrounding neighbourhood has enjoyed an increased profile of late. The Nine Elms regeneration project is in the same postcode and residents of Oval Village will be attracted to similarly short commuter journeys, views of the London Eye and access to five-star amenities at the scheme. Proximity to the River Thames will always attract tenants and the streets of Vauxhall and Kennington offer seemingly endless combinations of pubs, clubs, galleries and restaurants. They will also appreciate well-designed interiors, full-height windows overlooking landscaped gardens and a 24-hour concierge service. On-site amenities include a swimming pool, gym, private cinema and a ground-floor branch of Tesco’s. Oval Underground Station is a few minutes’ walk away and is on the Northern Line. This allows for connections to both the West End and the City. Vauxhall Tube Station (Victoria Line) runs a service directly to Oxford Circus and St Pancras (for Eurostar). The mainline rail link connects with Waterloo Station’s City shuttle to Bank Station. A new Northern Line extension is planned to link nearby Kennington Station to Battersea Power Station via the new Nine Elms regeneration scheme.

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£2,716 per month
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£8,500
Mortgage and legal costs:
£999
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