Community Overview
- Along the South Bank skyline of London’s Thames, stands a Grade II listed building dating back to the 19th century, a witness to the industrial revolution. Today, under the meticulous redevelopment by Berkeley Group, this heritage site has been transformed into a modern residential community blending industrial character with contemporary aesthetics — Oval Village. Its most prominent landmark, The Halo, will become the new icon of the area.
- The project is adjacent to the historic Kia Oval cricket ground (a private property of Prince William) and has attracted significant investment from India’s Ambani family, holding 49% of the Oval Invincibles cricket team. This not only imbues the area with a strong sporting and royal presence but also introduces global capital and an international perspective to Oval.
- Oval Village covers 5 acres with 1,310 residential units, and was a priority brownfield development project inspected by the Deputy Prime Minister and Chancellor after the Labour Party came into power, later visited by the Secretary of Education, becoming a model of urban regeneration in London. As the largest residential development in the Oval area in the past decade, it faces almost no comparable competition locally, highlighting its rarity.
- The project is located at the core of two major South Bank regeneration corridors, benefiting from transport upgrades, employment growth, and urban amenities. In the past two years, rental growth in Oval has reached 34%, far exceeding Nine Elms, and is projected to maintain a 5.4% rental yield and 22.2% five-year capital appreciation.
- Lifestyle amenities are equally comprehensive: over 60 parks and green spaces, 1,165 shops, and 325 independent restaurants and cafes are within reach. From the culinary delights of Borough Market to the cultural offerings of Tate Modern and Shakespeare’s Globe Theatre, South Bank’s vibrant cultural life is right at your doorstep.
- Oval Village is not just a premium residence; it is a new community that embodies history, connects to the future, and leads value growth.
Commute Overview
- Within a 10-minute walking distance are three major tube stations, with the Northern Line and Victoria Line providing access to all prime central London destinations.
- 4 minutes to Victoria Station, 9 minutes to the City of London, 3 stops to Chinatown, 6 stops to King’s Cross Station, with fast connections to the Eurostar.
- Additionally, there is a nearby train station and 14 bus routes, providing easy access to Outer London and the entire Southeast UK. Transport for London (TfL) has awarded the area the highest accessibility rating — 6b.
Top Schools Nearby
- Top art institution UAL-Chelsea College of Arts is an 18-minute walk, and UAL-London College of Communications is 12 minutes by bus. Living here means being immersed in world-class cultural experiences.
- Additionally, all major central London universities, including LSE, UCL, and Imperial College London (IC), are within a 30-minute commute.
- Within a 1-mile radius, all public primary and secondary schools have 100% “Outstanding” Ofsted ratings. Westminster School, one of the nine historic public schools, is only a 10-minute drive away.
Project Overview
- Development Scale
Oval Village is being developed in 6 phases, totaling 1300+ apartments, with overall completion expected by 2030.
Phase 1 Phoenix Court and Phase 2 Juniper Garden: both sold out and delivered.
Phase 3 The Pinnacle: approximately 90% sold, expected delivery April–May 2026, with 1-3 bedroom units still available.
Phase 4 The Halo: flagship tower currently on sale. - Community Amenities
Includes an on-site Tesco, with more retail spaces to be introduced in the future.
Two office buildings, Oval Works & Phoenix Works, providing 1000+ workstations — a rare “large community + office” model in central London, with strong appreciation potential. - The Halo Highlights
Attractive pricing: lower-floor small investment units average £1050 per sqft, far below nearby Nine Elms (£1600+) and Battersea.
Fitted Delivery Standards:
Siemens fully integrated kitchen appliances: fridge, oven/microwave combo, oven, dishwasher.
Living & bedrooms: central air conditioning.
Master bathroom: underfloor heating. - Owner-Exclusive / Shared Facilities:
5th-floor viewing deck & rooftop bar — overlooking the cricket ground, ideal for socializing and relaxation.
Swimming pool, spa pool, private cinema, gym, business lobby, 24-hour concierge, covered walkways.
Residents’ club: 24-hour concierge, gym, private cinema, heated pool & spa. - Unit Types & Building Info
Unit types: Manhattan apartments / 1-bed / 2-bed / 3-bed / top-floor terrace apartments.
All units have balconies; south-facing units above the 5th floor overlook the cricket ground.
Also a limited number of 2-bed and 3-bed duplexes available.
The Halo Key Data
Total Floors: 12
Units: 199
Size: 50–115 m² (usable area)
Parking: £50,000 per space
Service Charge: £6.65 per sqft per year
Delivery Timeline:
Core 1 & 2: Q1/Q2 2028
Core 3: Q2/Q3 2028
Initial Release
The Halo first release includes 74 units, covering entire floors on 2nd, 4th, 7th floors and selected premium upper-floor units.
Purchase Details
- Tenure: 999-year leasehold
- Payment Method (Purchase Process):
For property prices under £1,000,000, the reservation deposit is £5,000; for prices over £1,000,000, £10,000; for prices over £2,000,000, £15,000.
Deposit on exchange is 10% of the purchase price (minus reservation deposit), pay 10% one year after exchange, 5% two years after exchange, and the remaining 75% on completion. Payment can be made via cash, mortgage, or a combination.
Reservation Deposit:
Price under £1,000,000: £5,000
Price over £1,000,000: £10,000
Price over £2,000,000: £15,000
Within 21 days of signing the purchase contract, 10% of the purchase price (minus reservation deposit) must be paid.
12 months after signing the contract, a further 10% is payable; 24 months after signing, a further 5% is payable; the remaining 75% is due on completion. - Service Charge:
Estimated £6.65 per sqft per year
CGLobe Recommendation
As the first real estate consultancy focused on the Chinese community, CGLobe recommends Oval Village based on four key advantages:
- Prime Location • Core of Urban Regeneration
The project is located within the largest urban regeneration zone on London’s South Bank, benefiting from transportation upgrades, employment growth, and area redevelopment.
As the only large-scale residential development in the Oval area in nearly 10 years, it faces no direct competition, making it a scarce asset. - Investment Potential • High-Growth Area
In the past two years, rents in the Oval area have increased by 34%, surpassing popular zones such as Nine Elms and Battersea.
Average price per sqft in The Halo is only £1,050, far below neighboring areas (£1,600+), creating a clear price advantage.
Official projections indicate a potential 5.4% rental yield and 22.2% five-year capital appreciation. - Quality Assurance • Berkeley Group Development
Berkeley, one of London’s top developers, is renowned for high-quality brownfield redevelopment, offering a dual guarantee of quality and delivery.
The Halo is delivered fully furnished with Siemens kitchen appliances, air conditioning, and underfloor heating, matching high-end apartment standards. - Community Atmosphere • Premium Living Experience
Oval Village is a 5-acre integrated community with Tesco, office buildings offering 1,000+ workstations, ensuring a mature lifestyle environment.
Exclusive to The Halo are a viewing terrace and rooftop bar facing the cricket ground; the 1847 Residents’ Club includes a heated pool, cinema, gym, and other luxury facilities.
