1 Bedroom
$ 502.000
Description
Sterling Place: A Visionary Regeneration in New Malden
Transforming a former 1900s print works site into a vibrant residential village, Sterling Place is a remarkable £177 million regeneration project by Barratt London. Located at 245 Burlington Road in New Malden (KT3 4NE), this landmark development will deliver 456 energy-efficient apartments across seven staggered blocks ranging from 7 to 14 storeys. Positioned near the affluent neighborhoods of Wimbledon and Kingston-upon-Thames, Sterling Place effortlessly merges its historical industrial legacy with contemporary design. Crafted to exacting sustainability standards with a projected EPC rating of B or above, the development integrates solar panels, air source heat pumps, and water-efficient fixtures, offering a highly sustainable and sophisticated urban sanctuary.
A Lifestyle of Wellness and Urban Convenience
Sterling Place is meticulously crafted to support a modern, balanced lifestyle, achieving a 10% biodiversity net gain through extensive tree and shrub planting. Residents enjoy immediate access to premium amenities and everyday conveniences right on their doorstep.
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Health & Wellness: Exclusive access to an on-site residents' gym and a dedicated yoga studio.
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Outdoor Escapes: Beautifully landscaped podium gardens and tranquil courtyard spaces designed for relaxation.
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Sustainable Travel: Over 900 cycle storage spaces, 240 electric vehicle charging points, and an exclusive on-site car club.
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Everyday Ease: A large Tesco Extra is conveniently located just a 2-minute walk (317m) away, alongside available parking (at an extra cost for larger units).
Types of Units: Sterling Place
The residences at Sterling Place showcase high-specification interiors and highly efficient designs, ensuring bright, modern living spaces that seamlessly extend to the outdoors.
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1, 2 & 3-Bedroom Apartments: Ranging from approximately 540 sq ft for a typical one-bedroom, these homes feature refined finishes and private outdoor spaces, with every single apartment including a private balcony or terrace.
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The Wilkinson Penthouses: An exclusive, recently launched collection of premium top-floor penthouses boasting expansive private terraces of up to 832 sq ft.
Sales Trends and Investment Potential
Representing a compelling opportunity within a major Zone 4 regeneration area, Sterling Place offers robust financial prospects for both homeowners and global investors, complete with highly competitive service charges estimated at approximately £4.08 per sq ft (around £1,585/year for a typical 1-bedroom unit).
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High Returns: The area forecasts an impressive 29% capital growth over five years, accompanied by expected rental yields of around 5–6%.
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Phase Delivery: The first phase (Brookside & Bradbury Apartments) is expected to be delivered by Autumn/Winter 2025, with the entire project scheduled for full completion by February 2027.
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Pricing: 1-Bedroom apartments starting from £375,000, 2-Bedrooms from £475,000 (with premium plots reaching £650,000), and rare 3-Bedroom penthouses listed at £1,300,000.
Strategic Connectivity
Ideally situated in Zone 4, Sterling Place provides residents with direct and efficient transit links to Central London, alongside access to some of the borough's top-performing educational institutions.
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10 mins walk to Motspur Park Station.
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24–27 mins direct rail access to London Waterloo from Motspur Park.
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Local Rail: Excellent proximity to nearby Raynes Park and New Malden stations.
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Top-Tier Education: Located within the catchment area of several Ofsted \"Outstanding\" schools, including Sacred Heart Catholic Primary (just 0.1 miles away), Tiffin School, Kingston Grammar, and King's College School, as well as being close to Kingston University.
Frequently Asked Questions (FAQ)
Where is Sterling Place located?
245 Burlington Road, New Malden (KT3 4NE), London (Zone 4).
What is the expected completion date?
The first phase is expected in Autumn/Winter 2025, with final completion scheduled for February 2027.
Who is the developer?
Barratt London.
Frequently Asked Questions
1 Bedroom is a Apartment in London, England listed for Sale at £375,000.
