Land for sale

Lombard Rd, Battersea, London SW11

Architecture & Exterior

On the edge of Southwest London’s cultural regeneration, along this tranquil southern stretch of the Thames, is this residential mooring at Albion Quay. A rare entity, moorings of this kind do not come along very often and commonly remain in the same ownership for many years.

Waterside living really is a wonderful lifestyle choice, and at 30m x 5m, the mooring has plenty of scope to fit a substantial vessel (the current barge moored here measures 21.5m x 4.5m) and is sold on a pla licence until 2052, with the option to renew the licence for a substantial time period for a fee.

Battersea Railway Bridge breaks the shoreline, providing an arresting backdrop to the urban feel of London, and ensures you are not overlooked.

The clientele that has owned and moored here over the years makes for a vibrant and culturally rich club to be a part of. As part of the privilege of ownership, you become a director and get a 10% share in Albion Quay Ltd, meaning you have the opportunity to steer all decision-making over what should, and is done in the quay.

Aside from the opportunity to moor your own boat and live in one of the most sought-after moorings in central London, another huge benefit is the flexibility from an investment standpoint.

You can either be hands-off and rent out the mooring on its own, presenting the perfect opportunity for any incoming tenant to moor their own vessel; or you can moor your own boat and rent it out on a separate rental agreement entirely.

Monthly rents achieved on vessels that are rented out are strong, rents commonly make in the region of £1700 – £3000 per calendar month, depending on the size of the vessel. This often is a more attractive investment and achieves a better yield, than many of the surrounding modern apartment blocks.

History

Boat building has been associated immediately north of Battersea Railway Bridge, on the site of Albion Quay in some form, since the 1870s, with the bridge a permanent fixture on the London skyline.

Formerly known as Albion Wharf, this was a successful boatyard that was described in the early 1900s as ‘typically old-fashioned & rudimentary’. Towards the end of WW1 most of the boatyards were disappearing, taken over for industrial development as mass renovation took place along this stretch of the Thames, with Albion Quay becoming a refuse wharf.

Closure occurred in 1981, with many of the boat yards taken over for industrial redevelopment. A revolution of sorts occurred along many stretches of the river in late 1980s London, with many of the first houseboats mooring up essentially squatting.

Through the continued determination of these first pioneers, Albion Quay was born and was transformed into what you see today and continues to remain a rare sight amongst the luxury redevelopment of the Battersea riverside.

The mooring also featured in the 1980s film “Mona Lisa”, with Bob Hoskins!

In the neighbourhood

Albion Quay is a small, beautifully maintained community, driven by the love of water living and the Thames, whilst the surrounding area has developed into one of the trendiest sides of town.

Battersea High Street, under 5 minutes away, is the historic village centre, which has a classic selection of restaurants, coffee shops and some independent retailers. Within easy reach is the extraordinary redevelopment of Battersea Power Station, which has brought huge wealth to the area with high-end retail, restaurants, events and a new tube station.

Battersea Park, less than 20 minutes’ walk away, is one of the most attractive parks in London for its diverse plant life, plane trees and sports facilities and is fast becoming somewhat of a running mecca. The Thames Path connects right into the park, following the river’s edge.

Transport & Connections

Clapham Junction, 20 minutes’ walk to the south, is one of the most connected stations in the city, with mainline trains down to the southwest & straight into the city. Cycling is the most efficient way of getting around & into town from the quay, with most journeys taking under 30 minutes. Battersea Bridge is under 4 minutes away, which is the closest road & foot bridge.

Material Info:

• Property construction: Steel
• Utilities: Electricity, water, high speed internet, sewerage, phone line, post room, remote intercom (to your phone)
• Electricity supply: Communal supply at Albion Quay
• Water supply: Communal supply at Albion Quay
• Sewerage: Communal supply at Albion Quay
• Mobile signal/coverage: Likely external cover on all major networks, limited internal cover linked to Three. Source: Ofcom
• Restrictions: Vessel maximum size 30 metres x 5 metres
• Rights and easements: Shared private access to mooring
• Flood risk: Very low risk of surface water flooding. High risk of flooding from rivers & sea – Source: Government’s flood risk checker
• Planning permission: None. Source: Wandsworth Council
• Accessibility/adaptations: Not suitable for wheelchair users
• Coalfield or mining area: No. Source: Coal Authority
• Flight path: Yes. Source: Flightradar24

EPC rating: Exempt. Mobile signal information: Likely external cover on all major networks, limited internal cover linked to Three. Source: Ofcom

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