Located in the beating heart of Southwest London’s Borough of Wandsworth, Earlsfield is a community-first neighbourhood, shaping to be an exciting prospect for residents and property investors alike. With a 3.2% CAGR recorded for three or more bed houses over the last decade, this popular residential haven has outperformed growth in the local area across property types. So, what exactly makes Earlsfield such a magnet for residents and one of the top places to live in the UK capital?
Large green spaces to enjoy nature
Earlsfield is a top choice for families and nature lovers as it provides plenty of outdoor opportunities. At the heart of London Square’s brand-new development is the 32-acre Springfield Park, where residents can enjoy leisure walks, high-octane sports facilities, entertainment options and cosy wetlands. From community gardens to cafes, playgrounds and more, the park will serve as a key attraction for all residents. However, that’s not all, as London Square Earlsfield is also well-positioned to benefit from several other major parks and commons in the area, such as the Wandsworth Common, Tooting Bec Common, Clapham Common and Putney Heath, which are within a two-mile radius.
Superb connectivity to central London and beyond
Despite being a Zone 3 neighbourhood, Earlsfield is well-connected to different parts of the city via multiple railway lines. While Wimbledon is just four minutes away via Earlsfield Station on the South Western Railway line, Waterloo is less than 15 minutes away. Similarly, residents can reach London Bridge on the Northern Line via Tooting Bec Station in 18 minutes and King’s Cross St Pancras in 20 minutes. Battersea Park and London Victoria are also a few minutes away via Wandsworth Common Station on the Southern Railway line.
These quick connectivity options contribute to the above-average rental and property demand in Earlsfield, as 32% of all London jobs, including 60% of all financial and insurance jobs, are within a half-hour commute from home. For those travelling further afield, London Gatwick Airport is just 30 minutes away, while London City Airport is reachable in less than 45 minutes.
Premium education and retail opportunities
With a collection of top-ranked schools in the neighbourhood, London Square has ensured families with children have access to high-quality education. While six of the 21 primary schools and three of the nine secondary schools in Earlsfield have an ‘Outstanding’ rating by Ofsted, Emmanuel School, ranked 6th nationally among all the co-ed independent schools in the UK, is just over a mile away.
With a thriving social scene and abundant retail outlets, Earlsfield provides a refreshing blend of cosmopolitan lifestyle amidst an eclectic collection of diners and entertainment venues. Whether it’s a lip-smacking sourdough pizza at Well Kneaded Pizzeria or the delicious cuts of Roxie Steakhouse, the area has plenty of top-notch dining options. While a supermarket is coming soon at Springfield Village, the local Tesco and Sainsbury’s outlets are just a short stroll away.
Rental yields of up to 6.5%
With nearly 65% of Earlsfield’s resident population under the age of 40 and 55% of households being single-family homes, the surrounding area and postcodes attract high rental demand from professionals working in the City and Westminster. According to Dataloft’s rental market analytics, average monthly rents for a studio apartment around Earlsfield start at £1,430 and go upwards of £3,000 for larger three-bedroom homes.
With such attractive rental incomes, landlords in the area enjoy a potential gross yield of anything between 4.3% and 6.5%. Another leading property agency expects rents to increase by 5.5% in 2024, with a cumulative growth of over 18% in the next four years.
Brand new homes at London Square
With completion starting from Q3 2025, London Square Earlsfield, within the new Springfield Village community, will feature an exciting collection of 145 stunning residences. In addition to one, two and three-bed apartments, the development will also include four and five-bedroom villas and houses, with a driveway parking and EV charging facility for every villa. Contemporary design, spacious open-plan layouts, luxurious premium finishes, and outdoor space with every residence are some added features incorporated by the developer.
Exclusive Singapore launch in May 2024
Only 1% of all residential properties in Wandsworth are houses, with just 5% of these making up properties with more than four bedrooms. In such a place, where large properties are a rare find, London Square presents an exciting opportunity to invest in a dream home. You can join us for the exclusive Singapore property launch of London Square Earlsfield across the second weekend of May from morning 11 am to evening 6 pm. The event will also feature an exclusive seminar on the legal essentials to consider when buying a property in the UK by international law firm Charles Russell Speechlys. Register now or get in touch with us to know more about buying property in London and across the UK.
(Source for property price growth projections and rental yields: Dataloft Rental Market Analytics, Savills Mainstream Rental Forecasts November 2023 and Land Registry. / Source for property type, employment and age data: Greater London Authority, Valuation Office Agency, Business Register & Employment Survey 2022)
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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 21 prominently located branches and 14 international offices.