Property prices in Nine Elms have been rising over the past five years as the masterplan takes shape. And for those looking for homes for luxury living at competitive prices for their location, buyers should look to Bellway Homes' The Residence. The price for an impressive three-bedroom apartment with terrace at The Residence averages at around £1,000 per sq ft, compared to over £1,300 per sq ft for a three-bedroom property at its neighbouring development, Embassy Gardens and significantly more for one of the full river-fronted schemes.

The regeneration of Nine Elms in Battersea will provide the first major new Zone One district for decades with two new tube stations being a great draw for the area. The high-profile transformation of this Thameside land includes the creation of some of London's most prestigious and luxurious new developments. For those looking for a spectacular new home in this high-status location at a competitive price, The Residence from Bellway Homes is one of the area's most sought after new addresses.

The Residence offers 514 contemporary one, two and three bedroom apartments, perfect for luxurious city living in this diplomatic new quarter.  Max Wilkinson, JLL's Regional Director for Residential Development and Investment, comments: “JLL are delighted to be working with Bellway on The Residence, which is located in arguably the fasted growing regeneration area in Europe, which is attracting major international companies such as Apple. Bellway is delivering an outstanding development for owner occupiers and investors at hugely competitive prices."

Incorporating two architecturally striking buildings, The Residence occupies the site of the former Christie's warehouse. The building is accessed via an impressive double height lobby that sets the tone of a five-star hotel and all of the communal spaces are equally well appointed. Residents will benefit from a private on-site gym, Media Lounge and Meeting Suite, while the 24-hour concierge service is on hand to make their lives easier. The development also includes a range of commercial spaces that will bring new retail and lifestyle amenities to the doorstep. Plans already include a new art gallery at ground floor level.

Emma Denton, Head of Sales at Bellway Thames Gateway, comments: “Nine Elms is undergoing a vast and exciting transformation – London has not seen redevelopment on this scale since Canary Wharf was built. It is becoming a desirable new destination and there is an expectation of a high standard of living to go with that.

“At The Residence, we are pleased to introduce a premium level of specification and amenities, while representing competitively priced apartments better value than at many of the surrounding developments.”

The apartments boast sleek interior design with flexible open plan living spaces and floor to ceiling windows. All apartments have private balconies or terraces with some offering views over the River Thames or surrounding piazzas, parks, public spaces and the new American Embassy opposite. The exceptional level of specification includes contemporary high gloss kitchens with soft close doors, silestone worktops and a full range of quality, integrated appliances. Bathrooms have spotless white sanitaryware and Porcelanosa tiles, while engineered walnut stained flooring, fitted wardrobes and video entry systems also come as standard.

The widescale regeneration of Nine Elms is creating a thriving new residential and business district from this former industrial area. The regeneration will bring new jobs, facilities and travel infrastructure, along with a huge range of new leisure and retail opportunities, including outdoor shopping areas and parades attracting retailers large and small.

Transport options are extensive making life easy for commuters. Several local bus routes go into central London and south to Clapham and Wandsworth. Vauxhall, a short walk away, offers underground services on the Victoria Line, as well as national rail services into London Waterloo, Clapham and Surrey and Hampshire. Work has already begun on the extension to the Northern Line, which will bring two new stations to Nine Elms making travel even easier.   

Current prices at The Residence start from £615,000 for a one bedroom apartment or £720,000 for a two bedroom apartment. To register your interest and for further details, please visit www.bellway.co.uk or call 0845 548 8035.

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For further press information please contact Vicki O'Hare

at Oracle PR on 020 8394 2821 or email vicki@oraclepr.co.uk

Notes to Editors:

Prices and housetypes quoted above are correct at the date displayed on Page 1. Please note, prices may be subject to change or the product may not be available at the time of publication, so please do check with the contact above.

About Nine Elms On The South Bank

Nine Elms On The South Bank is the £15 billion opportunity area between Lambeth Bridge and Chelsea Bridge, and is one of the largest regeneration projects in Europe. The area will be transformed from one of the capital's last remaining industrial districts into a world-class destination eight in the heart of London. Already home to Battersea power Station and New Covent Garden Market, the area will also be home to the new Embassy of the Kingdom of the Netherlands, the new U.S. Embassy and two new town centres at Vauxhall and Battersea Power Station. Underutilised industrial land is making way for new public square, parks, schools, tube stations, homes and business, which will drive growth and create jobs and homes. It will become a strikingly modern addition to the cityscape and a new centre for culture on London's South Bank. For more information: www.nineelmslondon.com