Area:Kennington
Catergory:C
Postcode:SE11, SE17
In Congestion Zone:No – 2.0 miles outside.
Parking and Traffic:Permits & Meters.  No significant traffic trouble spots.
Ethnicity Bias:Afro Caribbean, Portuguese
Investor ProfilePension, Business, Cash&Equity, University
Crime:ViolenceSexualBurglaryMotor
Per 1000 population3022011
Yield Range:5.1% - 7.5%
Price Ranges  Low £Hi       £Low £pwHi £pwLowHi
Studio flat100,000140,0001452007.4%7.5%
1 bed flat135,000190,0001752606.7%7.1%
2 bed flat175,000325,0002253756.0%6.7%
2 bed house255,000345,0002503505.1%5.3%
3 bed house285,000425,0003005005.5%6.1%
Valuations above the London average by:8.2% (£261,746)
ActualLondon Average
 Capital growth last 12 months:-7.6%19%
 Capital growth last 48 months:93.2%89%
 Tube: Kennington Northern Line (Zone 2) – 10 mins to Embankment.
 Demand For Letting:Good
 Average void period:7 days
Total

(out of 10)

Capital Growth

(out of 5)

Yield

(out of 5)

Out of 10:642
 Summary:Great location and perfect for above average capital growth.
Sought After Streets:Kennington Lane, Kennington Road, The Oval.
 

Description:

This area and surrounding is a mixed lot – there are beautiful mews dotted around amongst large council blocks and estates so look hard.  The reason that I choose Kennington is that it is very close to Westminster – just over Vauxhall Bridge and you’re there.  Its very popular with professional people (including MPs) seeking a home rather than a flat to live in.  many often seek rented accommodation due to the short term nature of their employment contracts.

My friend has a 2 bed flat in Westminster and he gets £350 a week.  He has never had a problem with his tenant and I’m not surprised as this area will only attract quality tenants.  Kennington serves Westminster quite well.  Look for tenants working north of Vauxhall Bridge as these will tend to be better.

A number of loft apartments are springing up and also converted office blocks overlooking the river.  Check out Kennington Cross as this a bit more pleasant on the eye and has a number of converted flats perfect for renters.

 Estate Agents:NameAddressTelWeb
Kinleigh Folkard & Hayward310-312 Kennington Road, Kennington, London, SE11 4LD020 7582 7773www.kfh.co.uk
Field & Sons1 Wincott Parade, Kennington Road, London, SE11 6SR020 7840 0666www.fieldandsons.co.uk
Alan Fraser & Co181-183 Kenington Lane, London, SE11 4EZ020 7587 1004
Daniel Cobb191, Kennington Lane Kennington
London
SE11 5QS
020 7735 9510www.danielcobb.co.uk
Movingspace.com377-379, Kennington Lane
London
SE11 5QY
020 7793 1999www.movingspace.com
Barnard Marcus315, Kennington Rd Kennington
London
SE11 4QE
020 7735 0922
 Letting Agents:NameAddressTelWeb
Burns & Shield314 Kennington Road, London, SE11 4LD020 7582 7799www.burnsandshield.co.uk
Daniel Cobb Residential191 Kennington Lane, Kennington, London, SE11 5QS020 7735 9510www.danielcobb.co.uk
Greenacre & Co181 Kennington Lane, London, SE11 4EZ020 7735 0760
Ludlow Thompson4-6 Clapham Road, London, SW9 0JG020 7820 4100www.ludlowthompson.com
Barnard Marcus020 7820 3609www.sequencehome.co.uk
Movingspace.com377-379, Kennington Lane
London
SE11 5QY
020 7793 8111www.movingspace.com