With plentiful outdoor space, top schools, convenient connectivity and a strong community spirit, houses and flats in Putney attract a mix of professionals, young couples and families, creating growing demand in its rental market and strong property investment opportunities.
Within the Borough of Wandsworth, Putney is a district in South West London that is probably most famous as the starting point for the annual Cambridge and Oxford University boat race.
The Putney riverbank is home to several rowing clubs and offers a chance to paddle down the river. Putney Bridge is a famous bridge standing over the River Thames and links Putney on the southside with Fulham to the north.
Above all, Putney has a thriving community spirit with annual summer street parties and local events that are always bringing residents together, creating a unique atmosphere for residents.
The neighbourhood is also a shopping haven. Putney High Street in particular has a range of quirky independent retailers, high-end brands and popular high street names. The indoor shopping centre Putney Exchange offers shops like Oliver Bonas, aigoo and Huttons.
Additionally, Putney has about 30 bars and restaurants and a lively café scene. One of the best bars in Putney is Duke’s Head, which offers fantastic riverfront views. The Half Moon is a cosy pub and one of the best live music venues in South West London. Further adding to the area’s leisure offerings, there’s also a cinema and community theatre.
One of the most appealing benefits of living in Putney is that it’s much quieter and less chaotic than other areas of London. With its leafy surroundings and as an enclave of calm away from the hustle and bustle, it’s often an area where families like to lay down roots.
Putney features a number of outdoor areas, such as Wandsworth Park, Putney Heath and Barnes Common, where you’ll see many walkers, runners and cyclists out and about. And the famous Richmond Park, which covers 2,500 acres, isn’t far away either. Riverside vistas can also be enjoyed along the Thames Path.
The leafy streets and countryside atmosphere found within Putney is a rare find in the capital. And its access to amenities and great transport links allows residents to enjoy the best of all worlds.
Living near quieter areas with green space have become a bigger priority for many people since the COVID-19 pandemic and successive lockdowns. And this trend is only expected to pick up pace in the coming years.
As a quieter area in London, Putney is an extremely family-friendly location, and higher income families are often the most drawn to this area. In Putney, there’s a mix of excellent state and private schools.
A few of the notable primary schools with outstanding Ofsted ratings are All Saints, Brandlehow, St Mary’s and Our Lady of Victories. There are also a number of highly sought-after private schools nearby as well, including Putney High School for girls and Ibstock School, that make the area appealing to even more families.
But Putney is not only a property hotspot for families. It’s also a convenient and exciting location for professionals. Only six miles from the heart of London, Putney is in Zone 2 and features two underground stations, which offer connections along the District Line.
Additionally, the mainline train stations at Putney and Wandsworth Town offer routes to Waterloo and out of the capital towards Windsor and Reading. There are even commuter riverboat services that go to Blackfriars. The nearby M4 and A3 also provide easy access to the M25, which leads to Heathrow and Gatwick and other areas across the South of England.
Putney is full of quiet side streets, and many of these are filled with large characterful period properties. Many of the properties in this part of the capital are also generally larger than the average across London with some even coming with large gardens as well.
The majority of properties in Putney are Victorian terraces, Edwardian villas and other detached period houses. In the past few years, a swathe of new contemporary and stylish developments have been brought forward. A significant number of new flats are adding to the variety of Putney’s property market.
Putney is situated within the SW15 postcode. According to Zoopla, the average price for a property was £750,038 in January 2022. Chestertons data shows the average asking price is £389,873 for a one bedroom, £575,819 for a two bedroom and £886,234 for a three bedroom. The properties that are most in demand are often those with riverside views.
It’s easy to see why there is such strong demand to live in Putney. With larger properties, outdoor areas and riverside vistas, the area is expected to continue to be a growing property investment hotspot.
Property investors in Putney are earning a 3.0% rental yield on average, according to Chestertons research. Residential rental values have also been on the rise. This growth is forecast to continue as people are putting more emphasis on lifestyle and as
With its unique atmosphere and impressive connectivity, this upmarket location is expected to see strong house price growth and rental demand moving forward. Putney’s future property investment prospects only look brighter for domestic and international investors.