283 Kennington Lane, London SE11 5QY, United Kingdom

Oval Village

Berkeley Group
FromGBP599,500 – GBP4,950,000
Converting...
Gross yield5%
Exp. 5-yr capital growth19%
CompletionQ3 2028
Payment termsThe Halo: £5,000-£15,000 reservation fee (tiered by price) | 10% on exchange (21 days) | 10% at…

About the property

A Grade II listed Victorian landmark reimagined as Zone 1 apartments, three tube stations within ten minutes

A landmark brownfield regeneration in Zone 1 south London is transforming a Victorian gasworks into an entirely new residential quarter. At its centre, a Grade II listed gasholder has been reimagined as a collection of apartments and penthouses held within the restored ironwork frame, with Scandinavian-influenced interiors and a two-storey private residents' club containing a swimming pool, hydro pool, spa, private cinema and co-working space. The site carries Transport for London's highest connectivity rating of PTAL 6b, with three Underground stations inside a ten-minute walk and the West End reachable in about five minutes. Comparable gasholder conversions elsewhere in the capital have achieved substantial premiums over neighbouring new-build stock. It suits buyers seeking a scarce heritage asset inside a Zone 1 regeneration corridor.

Why buy

  • Grade II Listed Gasholder Living

    The Halo reimagines a Victorian gasholder — a beloved landmark that has graced cricket matches at The Oval for over 150 years — into 199 contemporary apartments and penthouses. At King's Cross, similar gasholder conversions commanded up to 79% price premiums over neighbouring new-builds.

  • PTAL 6b — London's Highest Connectivity

    Three tube stations within a 10-minute walk (Oval, Kennington, Vauxhall) across Northern and Victoria lines. Victoria in 4 minutes, the City in 7 minutes, and 65% of London's financial sector jobs within a 10-minute commute. Only 4% of Londoners live in areas rated PTAL 6b.

  • 34% Rental Growth in 2 Years

    SE11 rental values have surged 34% over two years — outperforming Zone 1, Greater London and nearby Battersea/Nine Elms. Nearby Kennington's re-zoning to Zone 1 in 2021 drove a 47% rent increase in three years, with further growth forecast.

  • The 1847 Residents' Club

    A two-storey private residents' club designed by Goddard Littlefair within the iconic gasholder, featuring a swimming pool, hydro pool, gymnasium, spa with treatment rooms, steam room and sauna, private cinema, co-working spaces, residents' lounge and 24-hour concierge.

  • Zone 1 Regeneration Premium

    Located within the Vauxhall, Nine Elms and Battersea regeneration zone — a £1.1 billion infrastructure programme creating 18,500 new jobs by 2041. Apartments are up to 27% larger than comparable luxury developments in Nine Elms, offering exceptional value in Zone 1.

The address

  • Northern line (Zone 2) — 10-minute walk
  • Victoria line, National Rail (Zone 1) — 8-minute walk
  • Northern line (Zone 1) — 10-minute walk
  • Battersea Power Station (140 shops, bars & restaurants) Kennington Lane & Brixton Road high streets 1,165 shops and 325 restaurants nearby
  • Kia Oval Cricket Ground (adjacent) Kennington Park (5-minute walk, 38 acres) River Thames (10-minute walk) 9 parks within 15-minute walk (64 acres total)
  • Lambeth Palace (0.63 miles) Tate Modern (1.58 miles) Houses of Parliament (nearby) London Eye (nearby)
  • King's College London (1.29 miles) LSE (1.90 miles) UCL (2.73 miles) Imperial College London (3.29 miles) 16 universities within 20-minute commute
  • 8 primary schools within 15-minute walk 3 rated Outstanding by Ofsted Pimlico Primary (9 min) Thomas's Battersea (19 min)

Nearby transport, places and schools are as recorded by the seller. Confirm distances and school admissions independently before advising.

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John Yan

Berkeley Group

Berkeley Group

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