• Sat. Oct 23rd, 2021

Tooting is becoming one of London's hottest property spots – here's why

Sep 28, 2021

Once overshadowed by Balham and Clapham, Tooting is now equally sought-after — and has the bonus of slightly lower average property prices.

The mix of good schools, green spaces, a friendly and multi-cultural community, numerous bars and eateries and two fantastic markets — Tooting and The Broadway — means that residents have everything they need on their doorstep, even if a fair few were surprised when Lonely Planet named it one of the world’s top ten coolest neighbourhoods in 2017.

Commuting is a cinch, with two Northern line stations, Thameslink trains and the Cycle Superhighway 7, which runs into the City.

Homes are typically Victorian or Edwardian, ranging in size from snug two-bed terraces to substantial double-fronted villas.

You can get on the ladder for just under £300,000 and £700,000 buys a three-bed house needing work, or a large conversion on one of the better roads.

‘Fircroft and Mandrake Road are deemed the most desirable streets,’ says Thomas Kear of Jacksons Tooting. ‘They’re next to one of the best schools in the area, Fircroft Primary, and have great access to Balham and Wandsworth Common.’

What’s new on the block?

Springfield Village is being built in the grounds of Springfield University Hospital and will include 839 homes, a 32-acre park, a school, café, shops and new health facilities.

One and two-bed apartments in the first phase of Barratt London’s Springfield Place are from £450,000, and three-bed apartments and two and three-bed houses are in the pipeline.

At The 1840 St George’s Gardens on the same site, heritage developer City & Country is transforming a Grade II listed former hospital building into one, two and three-bed apartments incorporating period features and smart technology. They’re surrounded by beautiful gardens and there’s a concierge, from £440,000.

Marion Court, by Apex Airspace Developments, comprises four two-bed penthouses on the sixth floor of an existing block. Their floor-to-ceiling windows offer great views. From £575,000 with Help to Buy, via Hamptons International.

Wimbledon Grounds, a joint venture between Galliard Homes and Catalyst, next to AFC Wimbledon’s new stadium on Plough Lane, is delivering 633 homes. Some 364 are in the Stadia One building, where some of the one, two and three-bed apartments overlook the pitch.

From £440,000 with Help to Buy, and purchasers currently receive a furniture package worth at least £5,000, courtesy of New Concept Furnishings, and Galliard Homes is covering stamp duty on the first £500,000 on completions before January 1, 2022.

The Switch, from Catalyst, consists of 181 one, two and three-bed high-spec shared ownership apartments, most with private outside space. They start from £97,500 for a 25% share of £390,000.

Everything a potential buyer should know about Tooting

Average house price: £635,976

Average rent: £1,866 pcm

Council tax (Band D): £839.10

Commuting time to Zone 1: 18 mins from Tooting Bec to London Bridge

Annual Travelcard: £1,740

Amenities: ★★★★☆ Shops on and around Tooting High Street and Mitcham Road; street food, restaurants, bars, fashion and more in Tooting Market and Broadway Market, both open until late seven days per week; the stretch between the two Tube stations is known as the curry corridor due with many south-east Asian eateries; annual food festival; Tooting Bec Lido is the country’s biggest fresh water open-air pool

Open space: ★★★★☆ The Commons are two adjacent expanses of common land

Schools: ★★★★☆ Above average GCSE results; majority of state schools rated outstanding or good by Ofsted

Crime: Below average

Who lives there? Young professional first-time buyers and families; proportion of 25- to 34-year-olds is more than double the national average

Famous faces: Scenes from Guy Ritchie’s movie Snatch, starring Brad Pitt, were shot at Tooting Bec Lido. Mayor of London Sadiq Khan was born here.

Schools, crime and house price data supplied by Zoopla

How much can I afford on the property ladder?

£325,000

This one-bed first-floor conversion is tastefully decorated and comes with a share of the freehold. Tooting Broadway station is just around the corner.

Check it out via Barnard Marcus

£700,000

A good-looking mid-terrace period house with a large living/dining room, kitchen, two double bedrooms and a roll-top tub in the good-size upstairs bathroom. Private garden.

Check it out via Purple Bricks

£1.65million

Original features abound in this six-bed, two-bathroom Victorian house, which includes a full-width kitchen/dining room and two large living rooms, but still has potential to extend. The private garden is perfect for entertaining.

Check it out via Jacksons

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