Fantastic opportunity to invest early and buy in Phase One! Oval Village – a new large two-hectare regeneration project on the border of zones 1 & 2. The development offers – Manhattan, 1, 2 and 3 bedroom apartments, 24-hour concierge service, a private pool and a resident’s gym.
Fantastic opportunity to invest early and buy in Phase One. Oval Village – a new large two-hectare regeneration project on the border of zones 1 and 2 built on the site of the former Gasworks – just a 10-minute walk from Vauxhall, Oval and tube Kennington stations. Oval Village is an exciting collection of apartments that have all the charm, character and community of English village life, without losing the buzz of the city. It is an oasis of calm in the heart of London: a village in the city.
Altogether there will be 1340 units – Manhattan, 1, 2 and 3 bedroom apartments. The development offers 24-hour concierge service, a private pool, resident’s gym and 100,000 square-feet (9200m2) of commercial space including a co-working hub, café and community centre.
When built in 1847, the Oval Gasholders were the largest of their kind in the world – a magnificent feat of Victorian engineering. Current site’s redevelopment (and restoration) heralds a new phase in its history fit for the 21st century.
Situated on Kennington Lane amid charming residents’ gardens, tree-lined walkways, local cafes and independent shops, and award-winning Kennington Park, Oval Village is 10 minutes walk from Vauxhall (Victoria Line & Southwestern Railway), Oval (Northern Line) and Kennington (Northern Line) Stations.
Anticipated completion of Phase 1 – 2023-2024
Overall project completion – 2027
1 bedroom apartments – from £600,000
2 bedroom apartments – from £790,000
3 bedroom apartments – from £999,999
A reservation fee is payable upon reservation:
Reservation fee – £5,000-£10,000
10% of purchase price on the exchange of contracts (21 days after reservation)
10% – 12 months after the exchange of contracts
5% – 18 months after exchange of contracts
75% upon completion.
10 years NHBC warranty
999 years leasehold
Tenure: Leasehold (999 years)
Ground Rent: £650 per year
Service Charge: £4.75 per year