Vauxhall is a district in Central London, located in the Borough of Lambeth. The area was once considered one of the less desirable places to live in London as it was perceived as run down and traffic congested. However, since the Nine Elms Vauxhall Partnership, established in 2010, Vauxhall has improved considerably. The partnership aims to improve and drive forward the transformation of the entire district of Central London. As a result, Vauxhall is one of the up and coming districts and is becoming a prime hotspot to live in Central London.
Residential property prices are currently lower than other local districts such as Canary Wharf. However, prices are set to rise and so Vauxhall estate agents will advise you to move to the area sooner rather than later. There are plans to build over 3000 new homes, as well as new high rise commercial properties. This growth in the property market is set to improve cultural growth in the area as more work opportunities become available.
Vauxhall already has a thriving nightlife, as well as a range of popular restaurants and cafes. However, regeneration plans aim to overhaul the town centre to create a vibrant community. The goal is for the town to have a central community atmosphere, with plans for a new Civic Town Square for special events, as well as new schools, health services, libraries and churches.
Vauxhall estate agents won’t hesitate to tell you that Vauxhall is an excellent location in Zone One; however the town itself does have some problems with congestion. This is set to improve, however, with plans to regenerate transport in the area by replacing the bus station with a series of bus stops. This will make Vauxhall more accessible and an even more pleasant town to live in.
Another development that Vauxhall will benefit from is public access to the riverside walkway. Access to the Thames riverside is being developed to ensure everyone has access to neighbouring districts. Furthermore, numerous open spaces will be connected to a regenerated Linear Park to give people easy public access. This will ensure Vauxhall gains a sense of peace in a bustling busy city.
If you would like more information, or would like to talk to Vauxhall estate agents about buying or selling a property in the area then do not hesitate to contact Henry Wiltshire today.