Two decades after its closure and six years past its original completion date, Lots Road Powerhouse has been reborn as a luxury housing development.
Amidst an era of new builds often overshadowing history, London stands out for preserving its industrial landmarks. Battersea’s coal-fired Power Station now hosts a shopping centre, while Bankside’s former power station houses the Tate Modern. Completing this historic trio is Lots Road Power Station in Chelsea, the final waterfront icon to be transformed for modern living.
Part of the Chelsea Waterfront development by CK Hutchinson Holdings Ltd, the Powerhouse has been reimagined into a 700-home scheme over two decades. Designed by Sir Terry Farrell, the architect behind MI6 Headquarters and Charing Cross Station, it features 10 buildings, including two striking glass towers, along the River Thames and Chelsea Creek.
Originally built in 1902 to power the London Underground, the Powerhouse now offers 260 luxury homes, starting at £1.9 million for a two-bedroom apartment. Residents enjoy world-class amenities: a 20-metre glass-ceilinged pool, sauna, steam room, state-of-the-art fitness centre, 24-hour concierge, and a residents’ lounge.
The 100-metre atrium in the original turbine hall, designed by Fiona C, is a public space illuminated by light installations and adorned with evergreen trees and water features. Future plans include a vibrant retail area with coffee shops, a salon, and a flower shop.
Inside the apartments, bespoke lacquered wardrobes, handmade tiles, and dazzling Thames views create a sleek yet homely atmosphere. The Powerhouse is a testament to London’s ability to blend heritage with innovation, offering residents a chance to live within history, wrapped in modern luxury.
In the world of elite property, opportunities like this are rare. The Year of the Snake beckons, and with it, the promise of new beginnings. For investors, fund managers, asset managers, and developers, this is a chance to be part of something truly exceptional.
If you are seeking a bespoke investment opportunity or wish to explore collaborations, I would be delighted to open the door for you. London awaits, and the future is bright.
Here’s to a year of prosperity, vision, and unparalleled success. For more information about this property and arrange a private viewing, please reach out at info@evassential.com
Newsletter credit to Rosie H Davison (4/2/2025)