Battersea Power Station's first 800 homes go up for sale

The first 800 homes in the Battersea Power Station development will go on sale this week.

The collection of flats and townhouses are expected to go on the market for £335,000 for a studio, £420,000 for a one-bedroom, almost £900,000 for a three bed. No price has yet been set for the townhouses, which will go for substantially more.

The sale is part of the wider 39-acre redevelopment, which will include 3,400 homes, two hotels, alongside a score of offices and shops.

The £8bn project is being headed by a consortium of Malaysia’s three biggest development firms SP Setia, Sime Derby and the Employee’s Provident Fund, which paid £400m for the iconic power station after it went into administration.