The £9bn regeneration of Battersea Power Station is one of the biggest projects in Europe. It’s a massive job, but is completely changing the face of this part of London. Most importantly, it retains one of London’s landmark buildings, giving it a new lease of life, and delivers new housing and amenities. We want to have a closer look at an exciting new proposal that will deliver more council homes on the site. Then, if you need help with guaranteed rent in Wandsworth and much more, you can rely on us.

Criticism

Overall, the Battersea redevelopment masterplan will deliver over 4,000 new homes. However, there was plenty of controversy about the plans. Original proposals would only deliver around 9% affordable housing (386 homes). They got permission when Wandsworth Council was controlled by the Conservatives. Labour won control in 2021, and began applying pressure on Battersea Power Station Development Company (BPSDC) to increase the affordable home provision.

BPSDC was willing to work with the council to increase the amount of affordable homes on the redevelopment. Contracts were exchanged towards the start of 2026. The council will take a long term lease on an available plot of land. It will become the home of 203 units.

Plans

At the end of March we got to see the first proposals for the block of affordable homes, including images of the design. It was hailed as a “milestone” moment for the project. Speak to us about investing and guaranteed rent in Wandsworth.

Impressively, the new apartment block will be 14 to 18 storeys tall. As we said, there will be 203 new homes. They will range in size to cater for different tenancies. Crucially, the council is leasing them and will ensure they all go to local households, including those suffering from homelessness.

The block isn’t just housing though. There will also be communal gardens, including at roof and ground level. In addition, the plans include hundreds of parking spaces for bicycles. Finally, there will be 7 parking spaces for Blue Badge holders.

Notably, the 203 additional homes will increase the affordable home provision to 15%. The plans are currently under review, and should get a decision in the future. The plan is to do the construction during the 5th phase of the redevelopment. Depending on the planning permission, they could be complete by 2029.

Is guaranteed rent in Wandsworth right for you?

Battersea Power Station has become one of the most exciting parts of London. It’s a great new neighbourhood, with thousands of homes as well as shops, leisure, and more. There is plenty more in the works in coming phases too, including cultural venues, bars, transport links, and housing. So, it’s definitely worth keeping an eye on.

If you do invest, you can rely on us. We provide some of the best services in the city, leading the way when it comes to our ability to arrange guaranteed rent in Wandsworth and other areas. In addition, we can help with property management, HMOs, portfolio expansion, and more.

So, get in touch if you want to see what we can do for you.