8 reasons you should invest in Bermondsey Heights now, before completion this Summer

Strategic and timely investments in key regeneration areas of London have delivered substantial returns for overseas property investors over the years. Bermondsey Heights in Zone 2 is one such property development by Barratt London that packs in all the features of a rewarding investment. It is more affordable than the Greater London average and provides excellent connectivity to the city’s financial and academic districts, attracting massive rental demand.

The best part is you don’t even have to wait long to start enjoying your investment, as you’ll get possession before the new academic year begins in the summer. Let’s look at some of the top reasons you should invest in Bermondsey Heights.

1. More affordable than others in Zone 2

While properties in Bermondsey are 23% lower than the Greater London average overall, prices at Bermondsey Heights are even more affordable than those in other areas of Zone 2. Starting at an attractive price point of £422,000*, this development’s asking price per square foot is 21% lower than the Zone 2 average. With 71% of all schemes in the zone more expensive, investing early in this development is a sensible choice.

2. A growing regeneration hotspot

Developed across the rejuvenated New Bermondsey neighbourhood near the borders of the Southwark of Lewisham Boroughs, this development presents an opportunity to invest in the growth story of these South East London postcodes. In addition to creating 3,500 new homes and over 1,200 jobs, the area is developing quickly, with an upcoming Overground station for quick commutes across the city.

3. Excellent transport and connectivity

Transport in Bermondsey is unbeatable, as residents can choose between multiple train lines, including the Jubilee and Northern lines on the Underground, the Overground, National Rail and Thameslink, to reach their offices or universities. While London Bridge is just five minutes away on train^, the City, Canary Wharf and West End are less than a 15-minute commute from nearby South Bermondsey station^.

The area also has many bus routes and improved pedestrian and cycling infrastructure. Those looking for a quick getaway will find it convenient, as London City Airport is less than 25 minutes from Bermondsey Heights^.

4. World-class amenities

Along with stylish interiors and a balcony or winter garden within their homes, residents enjoy access to a range of on-site amenities, such as a concierge, communal gardens and a rooftop terrace. The surrounding area has a vibrant youth-centric charm with many shopping, nightlife and dining options in the vicinity.

5. A green haven amidst the city bustle

Although located in a busy Zone 2 area, Barratt London has strategically placed Bermondsey Heights near four leafy parks. While Southwark and Deptford parks are 19th-century green spaces featuring scenic water features and playgrounds, Burgees Park and Peckham Rye Common feature attractive lakes, flowing streams and rich wildlife. All these parks are less than 10 minutes from the development^.

6. Focus on high-quality education

With nearly 40 primary and secondary schools in Bermondsey rated ‘Good’ or ‘Outstanding’ by Ofsted, parents have plenty of options for their children’s education. Similarly, London’s top universities, such as University College London (UCL), Imperial College London (ICL), London School of Economics (LSE) and many others, are easily accessible within 30 minutes of the development^.

7. Growing residential and rental market

According to leading property portals, the average asking price in Bermondsey increased by 3% in the first six months of 2024 as more overseas buyers returned to the London property market. Affordable property prices and increased investment in the mega five-phase scheme to improve infrastructure around the Surrey Canal Road area have increased buyer activity.

Bermondsey’s rental market has had a successful run, too, as Rightmove reported rents in the SE15 and SE16 postcodes to be 8.8% higher in Q2 2023 compared with Q2 2022. 80% of the let properties in the area are one and two-bedroom flats, meaning Bermondsey Heights has just the right assets for buy-to-let investors.

8. Properties handed over this summer

One of the significant benefits of investing now in Bermondsey Heights is that the developer will hand over possession this summer, meaning buyers can directly move in before the start of the next academic year. Parents with university-going kids and overseas landlords from Hong Kong will find it especially beneficial to acquire their brand-new properties this soon and enjoy up to 6.8% rental yields*.

At Benham & Reeves, our Hong Kong team is supported by 21 branches across London that help overseas buyers and investors efficiently manage their properties. From finding the right property for you to maximising its rental yield, our one stop service is tailored for overseas investors. If you want to know more about investing in Bermondsey Heights, register and join us for an exclusive exhibition in Hong Kong on the 22nd and 23rd of February 2025. Our property experts will personally take you through the available investment plans and special offers. Get in touch to know more.

A Landmark Development: Bermondsey Heights Exhibition

Date – 22-23 Feb (Sat & Sun)

Time – 11AM-6PM / Seminar at 2pm on Saturday

Venue – Shanghai & Beijing Room, Centricity
2/F, LANDMARK CHATER, 8 Connaught Road Central, Central, Hong Kong

Register Now

DisclaimerTo buy or not to buy non-local off-plan properties? Assess the risks before you buy! 境外樓花買唔買？計過風險先好買！*Prices and details are correct at the time of going to press. Expected rental yield per annum, not guaranteed. ^Travel times are an approximation only, sourced from Transport for London and Google Maps, and may reference driving, public transport, cycling and/or walking times. Planning permission no.: 19/AP/1773 granted by London Borough of Southwark. Lease Term: 999 years. Purchasers are acquiring an interest in the land, the building to be erected thereon and/ or a right to use and occupy the properties in the building. Estimated Completion Date: Summer 2025. Computer-generated images for illustrative purposes only. Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. The non-licensed staff engage in estate agency work exclusively in relation to properties outside Hong Kong and they are not licensed to deal with any property situated in Hong Kong. Property reference number: BRHK-UK250101. Advertisement Date: 4 Feb 2025. Benham & Reeves (Hong Kong) Limited License No. C-092169.