Sold Flat

APARTMENT 603

ALDER HOUSE, 2, ELECTRIC BOULEVARD, LONDON, GREATER LONDON SW11 8BQ

3 beds 3 baths Listed 1 May 2026 (-24d)

£2,600,000

Offers in Excess of

Reduced on 18 Nov 2025

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Property details

Tenure

LEASEHOLD

Last sold

£2,585,040 Oct 2022

Local average

£754,469 (+244.6%)

Street crime

1153 incidents within 1 mile (Mar 2026)

Key features

  • Excellent 3 bedroom apartment
  • Situated within a secure and modern development
  • Lovely private balcony overlooking Battersea Power Station
  • 24hr concierge and onsite amenities including a residents lounge and cinema
  • Bright and spacious open-plan reception room with dining space
  • Modern kitchen with integrated appliances
  • 3 well-proportioned bedrooms
  • Well located for amenities and transport links close by

Description

This well-presented 3 bedroom apartment is situated within a modern development, boasting a bright open-plan reception room, 3 well-proportioned bedrooms and a lovely private balcony.

Located on the doorsteps on the River Thames and Battersea Power Station, this property is surrounded by a wealth of amenities as well as having great transport links moments away.

Please use the reference CHPK5863344 when contacting Foxtons.

Listed by

Vauxhall

Foxtons

Reference: 87977970

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan area for info only, not for £/sq. ft valuation

Floorplan area for info only, not for £/sq. ft valuation

Floorplan 2

Floorplan 2

EPC Graphs

EER

EER

Price history

Event Date Price % change
Sold 19/10/2022 (3 years ago) £2,585,040

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
SWITCH HOUSE WEST BATTERSEA POWER STATION APARTMENT 68 CIRCUS ROAD WEST, LONDON, WANDSWORTH, GREATER LONDON, SW11 8BD £730,000 09/01/2026 Flat
SWITCH HOUSE WEST BATTERSEA POWER STATION APARTMENT 62 CIRCUS ROAD WEST, LONDON, WANDSWORTH, GREATER LONDON, SW11 8BD £750,000 19/12/2025 Flat
HALLIDAY HOUSE, 2 606 CIRCUS ROAD WEST, LONDON, WANDSWORTH, GREATER LONDON, SW11 8EY £643,000 18/12/2025 Flat
CASCADE COURT, 1 APARTMENT 64 SOPWITH WAY, LONDON, WANDSWORTH, GREATER LONDON, SW11 8AZ £780,000 06/10/2025 Flat
FLADGATE HOUSE, 4 1505 CIRCUS ROAD WEST, LONDON, WANDSWORTH, GREATER LONDON, SW11 8EX £800,000 23/07/2025 Flat
CASCADE COURT, 1 APARTMENT 33 SOPWITH WAY, LONDON, WANDSWORTH, GREATER LONDON, SW11 8NS £1,485,000 11/07/2025 Flat
SWITCH HOUSE EAST BATTERSEA POWER STATION APARTMENT 65 CIRCUS ROAD EAST, LONDON, WANDSWORTH, GREATER LONDON, SW11 8BB £750,000 21/02/2025 Flat
SWITCH HOUSE WEST BATTERSEA POWER STATION APARTMENT 10 CIRCUS ROAD WEST, LONDON, WANDSWORTH, GREATER LONDON, SW11 8BD £1,050,000 21/02/2025 Flat
CASCADE COURT, 1 APARTMENT 23 SOPWITH WAY, LONDON, WANDSWORTH, GREATER LONDON, SW11 8NS £1,525,000 12/12/2023 Flat
BOILER HOUSE BATTERSEA POWER STATION APARTMENT 4 CIRCUS ROAD NORTH, LONDON, WANDSWORTH, GREATER LONDON, SW11 8AX £5,950,000 28/11/2023 Flat
DAWSON HOUSE, 11 1202 CIRCUS ROAD WEST, LONDON, WANDSWORTH, GREATER LONDON, SW11 8EQ £700,000 24/11/2023 Flat
CAMELLIA HOUSE, 338 APARTMENT 54 QUEENSTOWN ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 8EW £1,470,000 17/11/2023 Flat
FLADGATE HOUSE, 4 1010 CIRCUS ROAD WEST, LONDON, WANDSWORTH, GREATER LONDON, SW11 8EX £950,000 31/10/2023 Flat
LANSON BUILDING, 348 FLAT 151 QUEENSTOWN ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 8NY £612,000 20/10/2023 Flat
BURNELLI BUILDING, 352 19 QUEENSTOWN ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 8NG £385,000 29/09/2023 Flat
WARWICK BUILDING, 366 APARTMENT 141 QUEENSTOWN ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 8NL £444,000 22/09/2023 Flat
SALISBURY HOUSE, 5 APARTMENT 112 PALMER ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 4FY £3,555,000 01/09/2023 Flat
WARWICK BUILDING, 366 APARTMENT 215 QUEENSTOWN ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 8PL £300,000 25/08/2023 Flat
CASCADE COURT, 1 APARTMENT 69 SOPWITH WAY, LONDON, WANDSWORTH, GREATER LONDON, SW11 8AZ £820,000 03/08/2023 Flat
SALISBURY HOUSE, 5 APARTMENT 105 PALMER ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 4FY £3,072,200 25/07/2023 Flat

Area average: £1,338,560 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 12.8%
10y growth -14.9%

House Price Index (HM Land Registry — official index, not sold-price averages): London. Series: Flats and maisonettes. As of February 2026.

1y (index) -6.1%
5y (index) -4.3%
10y (index) 0.6%

Rental Range

Estimated market rent for London. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,061/mo
Realistic £2,290/mo
Optimistic £2,519/mo

Based on Postcode area SW → London.

LHA (30th percentile) floor for Stevenage & North Herts: £1,247/mo (Apr 2025 – Mar 2026)

Location

Address

1 Electric Boulevard

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Boots 0.0 miles
Shop Massimo Dutti 0.0 miles
Train station Battersea Power Station 0.1 miles
Bus stop Unknown 0.2 miles
Bus stop Sopwith Way 0.2 miles
Train station Battersea Park 0.2 miles
Hospital Bridge Lane Health Centre 1.0 miles
University National Heart and Lung Institute 1.2 miles
University University of Wales Trinity Saint David London Campus 1.6 miles
Hospital Dental Hospital 2.4 miles

Street-level crime

Category Count
Anti-social behaviour 267
Violence and sexual offences 224
Shoplifting 126
Theft from the person 118
Other theft 99
Burglary 72
Vehicle crime 53
Public order 46
Criminal damage and arson 42
Bicycle theft 33
Drugs 27
Robbery 27
Possession of weapons 12
Other crime 7
Total incidents 1153

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Newton Preparatory School Other 0.3 miles (No rating)
St Mary's RC Voluntary Aided Primary School Primary 0.3 miles Good — 13 Jul 2023
St George's CofE Primary School Primary 0.4 miles Good — 11 Feb 2019
St Gabriel's CofE Primary School Primary 0.4 miles Good — 31 Mar 2014
Griffin Primary School Primary 0.5 miles Requires improvement — 18 Jan 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Flat, Sophora House, SW11 £5,800/mo 3 0.12 miles OpenRent
3 Bed Flat, Battersea Park Road, SW8 £3,000/mo 3 0.18 miles OpenRent
3 Bed Flat, Foundry House, SW8 £4,940/mo 3 0.3 miles OpenRent

Average rent: £4,580/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.19%
Max investor price (0.8%) £617,500
Target investor price (1%) £494,000
Gross yield 2.3%
Cost-to-rent ratio 43.9×
Monthly cashflow £-5,818/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -9.3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).