New homes in Earlsfield: first-time buyer homes 15-minutes from Waterloo start from £108,000

The Zone 3 suburb of Earlsfield is a top tip for first-time buyers, thanks to the fast 15-minute commute to London Waterloo and a growing number of boutique shops, pubs, restaurants and cafés.

Overshadowed by more fashionable neighbours, Earlsfield has always had a slight image problem. It’s not as glamorous as Battersea, as villagey as Wimbledon or as cool as Brixton, but don’t let its low profile deter you.

This Zone 3 suburb is one of the unsung heroes of south-west London with an increasingly excellent range of shops, pubs, restaurants and cafés, an incredibly swift commute into Waterloo and plenty of green space.

Average property prices in this corner of SW18 currently stand at just more than £600,000 but, happily, Thames Valley Housing has 33 shared-ownership properties aimed at first-time buyers with significantly smaller budgets to play with.

From £108,125: for a 25 per cent share of a one-bedroom flat at the modern Westfield House

The homes are at Westfield House, part of Westfield Waterside, a new Linden Homes development of more than 190 properties set between the open space of King George’s Park and the River Wandle, which feature  private balconies or terraces and  light, airy interiors designed by Conran and Partners.

It is about five minutes’ walk to the area’s high street, Garratt Lane, and services from Earlsfield railway station to Waterloo take only 15 minutes.

Prices at Westfield House are expected to start at about £108,125 for a 25 per cent share of a one-bedroom flat worth £432,500. A 25 per cent share of a two-bedroom flat will start at about £132,500, with a full market value of £530,000, and there are also three-bedroom flats starting at about £178,125 for a 25 per cent share of a home worth £712,500.


The homes will soon go on sale and will be ready to move into early in the  new year. First priority will go to  people already living or working in Wandsworth.

“Earlsfield is a really attractive place to live,” says Kush Rawal, sales and marketing director at Thames  Valley Housing.

“It’s green, it’s got a villagey feel and there are lots of little boutique shops opening up. It has also got an easy commute into central London.”

Nature on the doorstep: Westfield House is set in landscaped gardens and overlooks King George’s Park

Inside track: Earlsfield

Past: it was nothing but a tiny hamlet until 1884 when Earlsfield station was built, inspiring property developers to cover the area with Victorian terraces.

Future: developer First Base is planning a £70 million redevelopment of Haslemere Industrial Estate into homes, shops and offices.

Trivial pursuit: best-selling author Louis de Bernières lived in Earlsfield while writing the acclaimed Captain Corelli’s Mandolin.

What it costs: an average property costs £608,372, while a two-bedroom flat costs an average of £1,883pcm to rent (source: Zoopla).

First-time buy: you will get most bang for your buck if you buy above a shop. A one-bedroom flat in lively Garratt Lane was recently sold for £299,000.

Landmarks: the highly popular Tara Arts theatre.

Eat: ditch the diet and head to Ben’s Canteen for delectable doughnuts or dine at The Earl Spencer gastro pub.

Drink: a pint of Wandle beer in The Wandle pub.

Buy: bargains at the Villeroy & Boch Factory Shop in Merton Road.

Walk: through King George’s Park or Garratt Park, both of which lie along the River Wandle.

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