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Pearce House, 8 Circus Road West, London, SW11

London

£925,000
Listed on 23/07/2024

Property Details

Bedrooms
1
Type
Detached house
Area
742 sqft

Description

This one-bedroom apartment presents a unique opportunity within the expansive Battersea Power Station redevelopment, an area poised for significant growth and transformation. Designed by the renowned interior designers Johnson Naylor, the apartment features floor-to-ceiling windows that not only invite ample natural light but also offer impressive views of the surrounding neighborhood. The elevated ceilings contribute to a spacious atmosphere that enhances the comfort of daily living. The property showcases a blend of contemporary finishes with art deco touches, such as recreated period light fittings and architectural details that add character and charm. The open-plan layout is complemented by wooden flooring, creating an inviting and warm environment while maintaining a sense of openness. Located within one of Europe’s largest redevelopment projects, this area is at the forefront of urban revitalization. The iconic Battersea Power Station, surrounded by innovative architecture from acclaimed firms like Frank Gehry and Sir Norman Foster, serves as a central landmark. The project aims to bring over 3,500 residential units alongside a boutique shopping mall, luxury hotels, and state-of-the-art office spaces—all linked by the new Northern Line tube extension. Investors will find considerable potential in this property, given the ongoing development and influx of high-profile companies like Apple establishing offices nearby. With its rich history and modern conveniences converging in this vibrant locale, this apartment not only offers a comfortable living space but also holds promise for future appreciation as the area continues to evolve.

Investment Analysis

(SW11 area)

Above Market Value

This property is priced +30.4% above area average per sq ft

+30.4%
This Property
£1,247/sq ft
Area Average
£956/sq ft
Avg Rent (weekly)
£873
Avg Yield
5.5%

Renovation Potential

Est. Renovation Cost
£92,500 - £231,250
10-25% of property value
Target Value
£780,042
10% above area average per sq ft
Potential ROI
-32.5%
After renovation
Monthly Sales
73
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SW11)

Area prices are falling by +14.3% over the last 12 months
3 year growth: -17.2%
5 year growth: -6.3%
Investment Disclaimer: Analysis based on SW11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Pearce House, 8 Circus Road West, London, SW11
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