Powerhouse, Chelsea Waterfront, 39 Lots Road, London

Chelsea Waterfront, London’s most prestigious riverside address. With a master plan designed by internationally renowned architect Sir Terry Farrell and 600 meters of river frontage, the 11.3 acre hectare site takes in the imposing former Lots Road Power Station, which with its twin chimneys, stands as one of Chelsea’s most well-known and best loved landmark buildings.

On the riverfront, in one of the most refined corners of London, a twin-turreted power station that once powered the Underground is re-energised and reimagined to offer a 21st century living experience like no other.

A Chelsea original, located in an intimate enclave at the heart of London’s most distinguished and elegant Royal Borough, takes on a revolutionary new form, marking the biggest change for the borough in living memory.

A story that began more than 100 years ago reaches its natural conclusion. Welcome to the Powerhouse, an exceptionally rare and special collection of luxury apartments embraced by history and glittering with future potential.

Set beside the Thames in Chelsea, Powerhouse places residents within reach of the King’s Road, Chelsea Harbour and west London’s cultural, dining and shopping destinations. Imperial Wharf station is approximately 0.5 miles away, while the Royal College of Art’s Battersea campus is 0.7 miles from the development.

The wider neighbourhood offers access to Battersea Park, the Thames Path, Saatchi Gallery and the Victoria and Albert Museum, together with renowned restaurants, boutiques and galleries across Chelsea and South Kensington. Riverboat services depart from Chelsea Harbour Pier nearby too.

Car Parking: Available at additional cost of £90,000 subject to availability
Tenure: Apartment Lease is 975 years (from September 2022)
Service Charge: Estimated at £8.00 - £9.00 per sq ft per annum. For parking estimated at £530 per annum
Payment Terms: £5,000 Reservation deposit properties £2,000,000 or less and £10,000 for properties over £2,000,000
Exchange within 28 days of reservation. 10% deposit of purchase price (less reservation deposit). The balance of 90% of the purchase price is payable upon completion.
Anticipated Completion: D, E, H&K apartments – Ready to move in now, A apartments – Q3 2026
Insurance : 10 year NHBC warranty