An Active New Homes Market In East London

Posted 26 January 2021 by Keith Osborne

Some of the latest news on launches and current developments across East London boroughs...

The New Year’s resolution to make dreams of a new home a reality, combined with the impending deadline of the current Stamp Duty holiday and re-launch of Help to Buy in April, means the property market is busy, not least in East London, which offers such a wide array of homes to suit many budgets and requirements.

We take a look at some of the latest news on launches and availability of homes, from Shared Ownership to splendid luxury.

Barratt London has just launched a Covid-secure show home at Blackhorse View in Walthamstow, now open by appointment with one household visiting one property at a time. There are measures such as protective Perspex screens, retractable barriers, strict social distancing and, where necessary, staff wearing PPE. An intercom system and door locks have also been installed to enable customers to safely engage with sales teams before entering offices.

The development, launched last year, will offer buyers a range of homes with panoramic views over the neighbouring Walthamstow Wetlands and Lee Valley Park, plus superb connections into London via the Victoria Line and London Overground on the doorstep.

Blackhorse ViewBlackhorse View

Pam Reardon, sales and marketing director at Barratt East London, commented: “The vision for Blackhorse View is to create a successful, sustainable place for people to live and work. Location is everything with this site. Not only is it right next to a Tube station, but by including new homes and mixed-use retail and commercial space too, the scheme is set to bring significant perks to the surrounding area, including new tree-lined streets, cycle paths, green spaces, cafés, shops, and workspaces to help support local start-ups. In a zone that is becoming even more popular it serves as a fantastic investment longer-term too.”

One- and two-bedroom apartments at Blackhorse View currently start from £394,000. Housing association L&Q is delivering a further 165 affordable homes for both rent and Shared Ownership. Find out more about Blackhorse View from Barratt London.

St George, part of WhatHouse? Best Large Housebuilder Gold winner Berkeley Group, is offering a number of luxurious apartments at Cashmere Wharf, a 26-storey tower with panoramic views across the city and River Thames which is the tallest building at the 1,800-home London Dock development. Designed by renowned architects, Patel Taylor, and located close to St Katharine Docks, the Tower of London, Tower Bridge and the City of London, it has seen a former working docks transformed into a vibrant residential neighbourhood in historic Wapping. The development comprises a mix of high-specification new homes, retail outlets, restaurants, bars and 7.5 acres of landscaped open space with tree-lined walkways.

Cashmere WharfCashmere Wharf

Each home at Cashmere Wharf comes with floor-to-ceiling windows designed to amplify its sweeping vistas east to Canary Wharf, south-west to the River Thames and north to the City. Residents also have exclusive access to onsite facilities including a state-of-the-art gymnasium and 20m heated swimming pool, sauna, steam room, jacuzzi, squash court, private screening room, virtual golf suite and 24-hour concierge.

Residents at London Dock benefit from fast, direct transport links to the City, Canary Wharf and beyond, being within a short walk of Zone 1 transport connections from Tower Hill and Aldgate. The Elizabeth Line (Crossrail) will also serve nearby Whitechapel, further opening access to the wider capital.

Prices for a two-bedroom apartment at Cashmere Wharf start from £1.42million for a ground-floor two-bedroom property, up to £2.84million for a three-bedroom apartment on the 24th floor. Find out more about London Dock from St George.

For many first-time buyers with aspirations of securing a waterside London home, the opportunities to do so are somewhat slim due to average prices, but Notting Hill Genesis is now offering qualifying first-time buyers an exclusive collection of two-bedroom Shared Ownership apartments at Able Quay Millharbour, a 10-minute walk away from London Docklands at Canary Wharf. For those securing a home this month, there’s an offer of rent paid on the unpurchased share for the first six months of residency (subject to terms and conditions).

James Munson, head of marketing for Notting Hill Genesis, commented: “This will help relieve some of the financial strain often associated with buying a new home – particularly for first-time buyers who are adjusting to their new commitment and the costs of settling into their new home.”

Able Quay MillharbourAble Quay Millharbour

Homes are been designed to provide versatile layouts and floor-to-ceiling height windows to maximise the sense of space and light. Available in both an open-plan layout or separate spaces, kitchens come complete with a range of integrated Smeg appliances. Hotel-style bathrooms are equally well appointed, featuring soft downlighting and chrome fixtures and fittings. Living and dining areas are extended further via a spacious private balcony. Additional features include generous sized bedrooms with fitted wardrobes, and ample hallway storage cupboards.

Prices start from £156,875 for a 25% share of a two-bedroom apartment with a full market price of £627,500. Find out more at www.nhgsales.com.

Far East Consortium has seen a big increase in interest in waterside living at its Aspen at Consort Place development in Canary Wharf, which is offering studio, one-, two- and three-bedroom apartments, complemented by an exclusive Wellness Suite on the 21st and 22nd floors, which will include a fitness gym with state-of-the-art equipment, sauna and steam room, changing rooms and a relaxing vitality pool to enjoy the surrounding views.

Angela Walsh, sales and marketing director at Far East Consortium, commented: “It is excellent to see a growing trend and desire to live close to the water across the UK property market, and we feel that Aspen at Consort Place meets all the criteria and more for these prospective buyers in the UK and beyond. This is fast becoming a bustling and exciting part of London to live in, whilst simultaneously offering a moment of peace close to the river.”

Aspen at Consort PlaceAspen at Consort Place

Edward Robinson, partner in the New Homes team at Knight Frank, said: “London’s riverside market continues to attract interest from buyers and investors all around the world. There is a huge range of choice across London and standards of finish are only increasing, but one best in class example has to be Aspen at Consort Place. We anticipate London’s riverside will remain popular with buyers for generations to come, thanks to the lifestyle and additional amenities a waterfront home offers.”

Prices at Aspen at Consort Place are on application. Find out more at www.aspen-canarywharf.com.

 

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A Guide To Part Buy Part Rent
Part Rent Part Buy is a scheme you can use with Home Reach where you buy a share of your chosen newly built home and pay a monthly rent on the part you don’t buy. Find your part buy part rent house today!

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