Luxury Residences on the Thames: Nine Elms and Battersea

Nine Elms is London’s newest centre on the river. The embassy of the United States moved here in 2018 and the embassy of the Netherlands is in the same area; the Northern line extension that opened in 2021 brought the Nine Elms and Battersea Power Station stations. Chelsea Bridge connects the district to the Chelsea, Knightsbridge and Belgravia side.

Battersea Power Station is the landmark of the same bank. The converted power station holds shops, restaurants and Apple’s London campus, and Battersea Park runs alongside it. A river aspect is the most decisive element of price in this area, because the Chelsea and Westminster skyline stands on the opposite bank.

The schemes in our portfolio

We hold 4 schemes in this district. The example home prices in the documents run from £835,000 to £1,795,000; the table below gives each scheme’s postcode, developer, example flat size and price per square metre.

SchemesPostcodeDeveloperPrice on the documentExample sizePer m²
One Nine Elms: Park Hyatt London ResidencesSW8 5HDR&F Properties£1,795,00065,1 m²£27,573
River Park TowerSW8 5HDR&F Properties£1,063,000——
Battersea Power StationSW11 8ALBattersea Power Station Development Company£835,00038 m²£21,974
Ransome’s WharfSW11 4NPLondon Square£1,100,00056 m²£19,643

One Nine Elms: Park Hyatt London Residences sits in the 42 storey tower on the Thames that also holds the Park Hyatt London River Thames hotel. The official project site describes Studio Perry Green interiors in the homes and access to the hotel’s pool, spa and fitness facilities. The price list includes the winter garden in its areas, so the 65.1 m² figure should not be read as net living space.

River Park Tower is the 57 storey tower on the same estate; it is priced separately and it is not a hotel branded residence. The building’s own facilities are a 24 hour concierge, a business lounge, cinema rooms, a fitness centre, a serenity suite and, on the 50th floor, a residents’ lounge and terrace. Residents are given privileged access to selected services of the neighbouring Park Hyatt hotel; which areas are included and which are charged is asked in writing before contract.

Battersea Power Station lies on the Thames, inside and around the converted power station; shops, restaurants and Battersea Park are within walking distance. The range of homes runs from studios to Sky Villas and flat sizes from 38 m² to 280 m².

Ransome’s Wharf is being built around its own historic dock between Battersea and Chelsea, with Oakwood House the first building released. The homes come with private parking and the scheme is laid out around a new waterside plaza; the market report published by the developer puts the share of prime London flats with parking at 15 per cent.

Daily life in the building

SchemesPoolSpa and saunaCinemaConciergeHotel connection
One Nine Elms: Park Hyatt London ResidencesyesyesyesPark Hyatt
River Park ToweryesyesyesPark Hyatt, selected services
Battersea Power Stationyes
Ransome’s Wharf

The entries in the table come from each scheme’s own sales material. An empty cell means the facility is not stated in that material: in some schemes the document puts forward the size of the home itself, the ceiling height, a garden or a terrace rather than a list of shared facilities. Pool lengths are given as the document gives them; opening hours, booking and guest rules follow the building management’s terms.

View and aspect

In this segment the view is inside the price: within one scheme an elevation facing the park, the river or the skyline is priced above one facing inwards. The column below shows the view options a scheme offers, not that every home has that view; which home has which aspect is confirmed against the unit code.

SchemesView by aspect
One Nine Elms: Park Hyatt London ResidencesThe Thames and the Westminster side, depending on the floor
River Park TowerThe 50th floor lounge and terrace, facing the Thames
Battersea Power StationThe Thames, Battersea Park and the power station itself
Ransome’s WharfThe Thames, the historic dock and the waterside plaza

What the neighbourhood is like

The neighbourhood on this bank is international and newly formed. The diplomatic presence, the office floors along the river and the campus inside the power station bring owners from different countries into the same estate. The person you meet in the 50th floor residents’ lounge or beside the hotel pool is most likely here for the reason you are: ten minutes from the centre and no distance at all from the river.

What the service costs a year

In this segment the annual cost is part of the purchase decision. Services such as the pool, the spa, the concierge and 24 hour security show up in the service charge, and the charge per square foot a year is the clearest single figure for the scope of what a building provides. Parking and storage are priced as separate items in some schemes. In branded residences part of the hotel service can be included in the charge and part billed per use; we get which is which in writing before an offer.

For your own scenario, our purchase cost calculator and our stamp duty calculator work out the cost; for a letting scenario our rental income tax calculator.

How we take it forward

In these schemes the sale runs home by home: two homes with the same number of bedrooms in the same building are priced apart because of the floor, the aspect and the layout. We pull the current price list, the floor plans and the available units for you, arrange the viewing and stay beside you through the solicitor and the payment schedule. No reservation is made before the buyer’s identity and source of funds are established; we set that part up together from the start.

For a current unit level price list, floor plans and a viewing appointment you can reach us through our contact page whenever it suits you.

The price table for the whole of London is in our London price guide, the schemes by postcode in our postcode directory, and the schemes by developer in our developer directory which you can browse at any time.

This page is part of our guide to luxury homes in London and the whole set of districts is listed there.

Frequently asked questions

Where do prices in this district start? In the documents in our portfolio the lowest example home price in this district is £835,000 and the highest £1,795,000. These are the prices of the example flats that appear in the documents; current availability and the offer are confirmed against the unit code.

What is the difference between a branded hotel residence and an ordinary tower on the same estate? The 42 storey tower of One Nine Elms holds the Park Hyatt hotel and the branded residences; the 57 storey River Park Tower on the same estate is priced separately and its residents are given privileged access to selected hotel services only. The two are not the same thing, and a comparison is made tower by tower.

How much does a river view add to the price? Within one scheme a flat facing the river is priced markedly above one facing inwards, and the gap widens with the floor. We pull the figure out against the unit code; giving a single percentage would mislead.

Does the area on the price list include the winter garden? The One Nine Elms price list includes the winter garden in its areas. When two schemes are compared we therefore use areas measured on the same definition, and ask for the net living space separately.

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