According to Zoopla, some of the Battersea Nine Elms high-end homes have had their prices cut by more than 25% since being relisted for sale.
It comes as the area faces lower-than-expected attraction from wealthy buyers looking to cash in on Battersea’s wider regeneration project.
Commenting on the area and its hopes for becoming a premium property hotspot, our Founder and Managing Partner, Camilla Dell shared her thoughts in The Financial Times:
“People are quick to bash Nine Elms and that part of Battersea,” Camilla said, “but that’s oversimplifying things. In five or so years’ time, the clatter of power tools will hopefully no longer fill the air and the wind-tunnel streets around the US embassy will have been transformed into the thriving community spaces that developers have promised. Because of its potential, Battersea is an area worth considering”
Read more in the full article here.