Home Property Nine Elms Point offers high-end penthouse investment opportunity

Nine Elms Point offers high-end penthouse investment opportunity

by LLP Editor
6th Sep 19 11:12 am

Two state of the art three-bedroom penthouses, Archer and Wilberforce, have just launched at Barratt London’s Nine Elms Point, SW8. Now over 90% sold and in its final phase, the luxurious development lies adjacent to the brand-new Northern Line underground extension, meaning that Nine Elms station will be right on the doorstep. Two duplex penthouses will have Canary Wharf, the City and the West End all within 30 minutes’ commute and presents savvy buyers with a fantastic opportunity for capital growth in a regeneration hotspot, having wide market appeal and rental potential.

Local letting agent for Nine Elms Point, Marc von Grundherr, Director at Benham and Reeves Estate Agent, said, “There is a strong market from both international investors and London buyers for very high-end special products and the new penthouses at Nine Elms Point offer just that. The last six months we have seen a lot more people buying, the Bojo effect has bought momentum back to the market and should bring relative stability over the next quarter.”

Pam Reardon, Sales and Marketing Director for Barratt East London said, “The new penthouses at Nine Elms Point offer the perfect solution for investors and owner occupiers alike; if it’s a prime property in a prime location that buyers want, then the Nine Elms Point penthouses are the best value for money, as well as an excellent lifestyle choice for city workers.”

The Archer penthouse boasts a light and airy feel to its main living area on the first floor, with bi-fold doors opening onto a large private terrace and a separate balcony. A study on this floor is ideal for working from home, whilst the first floor offers a separate living area attached to the master suite with a second balcony, giving buyers a chance to relax in the peace and quiet.

Equally as impressive, the Wilberforce penthouse occupies the top two floors of Waterford Point; a landmark tower for the area and the highest tower constructed by Barratt at 37 storeys. The ground floor houses the bedrooms, as well as a large open plan living and dining area, and a private balcony. Perhaps the most exciting element of this property, however, is the first floor with its stylish, separate living, dining and kitchen area, which leads through to an enormous private terrace, measuring 38’6” x 21’1”, perfect for outdoor entertaining.

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