By Liz Rowlinson.
After decades of struggle, south London’s Battersea is finally having its moment (largely thanks to the newly redeveloped Battersea Power Station!).
Battersea has long been one of London’s most dynamic and fast-evolving property markets — and at Black Brick Property Solutions, we have been active in this area, helping clients navigate both the landmark Battersea Power Station development and the wider SW11 residential market.
The transformation of Battersea Power Station — a project that spent decades mired in financing difficulties and changes of ownership — has reached a turning point. With residents now living in the development and the surrounding streets and cafés increasingly bustling, buyer confidence has grown significantly. The developer reported £400 million worth of properties sold in 2021 alone, its strongest year since sales launched in 2013, with 1,563 properties transacted in total.
Our Partner Caspar Harvard-Walls was involved in one of the notable transactions at the development, brokering the sale of a three-bedroom duplex river-facing apartment listed at £5.55 million:
“The buyer was looking for a house in Knightsbridge or Chelsea for £5mn but thought the turbine hall property with its floor-to-ceiling Crittall windows was too impressive.” – Caspar Harvard-Walls, Partner, Black Brick Property Solutions
It is a sentiment that captures the broader appeal of the Power Station development: the combination of exceptional architectural heritage — including units within the historic turbine hall and Frank Gehry-designed Prospect Place — with a new-build specification that few traditional prime London addresses can match. Apartments range from £865,000 for a studio to £9.1 million for a Sky Villa positioned between the iconic chimneys.
Beyond the Power Station itself, the wider Battersea market presents a compelling proposition. Victorian terraced houses in the established residential pocket between Wandsworth and Clapham Commons typically sell for between £1.6 million and £1.8 million, supported by strong schools and proximity to Northcote Road. Similar properties just north of Clapham Common can be found at a five to ten per cent discount. With the average house in Battersea costing around £1.7 million compared to an average prime central London flat price of £2.1 million, the value argument for the area remains strong.
At Black Brick, we continue to advise clients on opportunities across Battersea and south-west London, where deep local knowledge and access to both on and off-market properties can make a decisive difference.
Read more in the article here.