Homebuyers will finally get their first chance to acquire a new home at Battersea Power Station with prices ranging from £338,000 for a studio to in excess of £6m for a penthouse.
The Battersea Power Station Development Company ("BPSDC") will kick-start the UK sales programme with a preview for pre-registered applications at 3pm this afternoon followed by a general launch at 10am tomorrow morning (Thursday 10th January).
Potential purchasers are invited to Battersea Power Station to review the Rafael Viñoly masterplan and will have an opportunity to purchase residential apartments across a range of sizes and prices in the first phase of this iconic development named Circus West at Battersea Power Station.
There is a wide range of over 800 properties for sale in the £5bn redevelopment of one of London's most iconic buildings, with a mix of studios, one-, two- and three-bedroom apartments, family townhouses and penthouses, all available to buy.
The scheme is expected to attract a high level of demand from national and international buyers, with prospective purchasers from as far afield as Borneo having already registered their interest with the developer.
Studios start from £338,000, one-beds from £423,000, two-beds from £613,000, three-beds from £894,000 and the eight townhouses from just over £3m with first occupancy expected to be in 2016.
The UK sales programme will be followed by sales exhibitions around the world in the coming weeks.
Rob Tincknell, chief executive officer of Battersea Power Station Development Company, commented: "We are incredibly excited to be welcoming the UK public to the site of one of Britain's most iconic landmarks. Over the past few months, we have seen enormous interest in this unique development from potential purchasers, and we are delighted to be presenting them with an opportunity to be a part of what is sure to become a vibrant new town centre in the heart of London."
Circus West at Battersea Power Station, located on the western side of the Power Station, will be a thriving new community where people come to live, work, socialise and spend their leisure time.
In addition to the construction of over 800 new homes across eight buildings, Circus West will have a range of amenities and services including art galleries, a Power Station Design shop, independent coffee shops, a boutique theatre, 35,000sq ft of creative business studios, a 15,000sq ft. gym, an indoor swimming pool and a health spa.
All residents will have access to an elevated residents garden, with apartments having an enclosed ‘Winter Garden' that will provide useable outside space all year around, whilst the penthouses will have private rooftop terraces. Circus West residents will also have access to a 5,000sq ft private Residents Club designed by David Linley - this club will have a bar, private dining space, library, business centre and a cinema.
The London Borough of Wandsworth granted detailed planning permission for phase one of the Battersea Power Station development on 13 December 2012. This followed the Autumn Statement on 5 December 2012, in which the Chancellor of the Exchequer confirmed the UK government's support for a £1bn loan and a guarantee to extend the Northern Line underground to Nine Elms and Battersea Power Station.