The South Bank Show

In 2012, countless London locations can claim to be the capital’s most ‘up-and-coming’ property hot spot, given the wide-scale redevelopment that is taking place throughout the capital. However, few can make the claim with as much conviction as the South Bank area, which is rapidly growing in popularity.

South Bank is located in SE1 on the south bank of the River Thames, as the name would suggest,

and is a beautiful and vibrant riverside stretch in the heart the boroughs of Lambeth and Southwark. It is also located directly opposite the Houses of Parliament and is within walking distance of Covent Garden.

There are a number of reasons why South Bank is proving to be really popular, but perhaps its main attraction is its positioning as one of London’s key cultural hubs, centred around The Southbank Centre, one of the largest arts centres in the world. In addition, the Southwark Playhouse hosts a wide variety of productions, the Globe Theatre is an impressive reconstruction of the original open-air playhouse, not forgetting The Old Vic and The National Theatre. There’s also the Bankside Gallery, home to a fine range of prints and watercolour paintings, the world-famous Tate Modern, The London Eye, the Royal Festival Hall, Vinopolis and BFI IMAX.

But the area has not always been so arts focused – due to its proximity to fresh water the area became popular with industry and subsequently led to a surge in its population. During the Second World War, however, the area was targeted by bombs, and has since been revived thanks to significant funding to aid regeneration and re-development.

As with any central London location, South Bank enjoys extensive transport links, with Waterloo and Waterloo East mainline stations and tube stops at Waterloo, Lambeth North, and Southwark. Situated just across the river are the Charing Cross mainline station and the tube stops of Westminster, Embankment and Charing Cross.

Paul Goodman works for Hastings International, a leading London estate agency specialising in the SE1 and South Bank areas of the City.  He says, “It’s this winning combination of attractions, scenery and convenience which has led to South Bank becoming a highly popular place to live for young professionals. It also offers diverse architecture such as two-storey Georgian houses, period conversion apartments, modern riverside developments and purpose-built mansion apartment blocks. Luxury accommodation with river views is particularly sought-after with Westminster Bridge Road, the SACO Waterloo Apartments and The Whitehouse being prime examples. The area just offers so much for owner occupiers and for investors looking for a sound investment”