High profile buildings can cause a ripple in prices

The creation of a high profile building can have a wonderful knock on affect on the value of homes in an area. They bring attention and regularly include improvements in infrastructure, public spaces, and amenities in the area. All of these attract buyers. The fact that they can improve the view is also a big selling point.

Southwark is set to become home to one of the most high profile new skyscrapers. One Blackfriars  (The Vase) currently rises to the 38th floor and it is already proving to be a standout piece of architecture. Although the windows have only been installed up to the 27th so far the aesthetics are already appealing. The skyscraper will rise to 50 storeys when it is finished in 2018, creating 247 luxury apartments.

One Blackfriars is being referred to as the gateway to Southwark. It is arguably the largest piece of the regeneration project taking place in the area, including the huge project at Elephant and Castle. The work is having a big impact on the Borough, sending a ripple through prices and stimulating demand even further. This is expected to continue through the course of the construction and beyond.

At Finefair we are well placed to provide advice and support to clients interested in property investment in Southwark. Whether you want a property that will have The Vase in the background or one that will benefit from other improvements in the Borough we can help. Our experienced team work with investors searching for homes for themselves as well as those looking at properties they can let out in the future.

Southwark has a number of selling points that investors will be pleased with. Firstly it is well connected in terms of transport links and Thames crossings. Secondly there are many fantastic amenities in the area, from universities to green open spaces. Both are selling points, particularly for tenants.

If you would like help with property investment in Southwark please get in touch with us. We can help with everything from deciding on an area to valuing a property.