Docklands News

L&Q offers shared ownership at The Waterman

19th May 2017

Housing association and developer L&Q has put a selection of shared ownership homes on the Greenwich Peninsula on the market, targeted at first-time buyers. In all, 64 one- and two-bedroom apartments in The Waterman are available, complete with Symphony kitchen worktops, fitted units and integrated Zanussi appliances, designer sanitary ware, ceramic tiling in the bathrooms, built-in wardrobes to master bedrooms, and balconies. Located within walking distance of North Greenwich station – just one stop from Canary Wharf on the Jubilee Line­ – The Waterman is part of a huge regeneration project that will, when complete, offer 10,000 new homes, 150 retail units and 48 acres of green space alongside 1.6 miles of Thames riverside. Prices start from £95,625 for a 25% shared of a one-bedroom apartment (full market value £382,500), and £126,250 for a 25% share of a two-bedroom apartment (full market value £505,000).

The Wharf (12/05/2017)

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Rooms with a waterside view

19th May 2017

The Standard looks at some of the waterfront developments available - or soon to be built - in East London. Mount Anvil’s Royal Docks West, at the Royal Victoria Dock, E16, is due to complete next year: a 19-storey tower containing 105 studio, one-, two- and three-bedroom apartments, alongside public landscaped gardens in Western Gateway and the Urban London Beach. Studios start from £385,000 with service charges from £4.55 per square foot and annual ground rent from £350. Also at Royal Victoria, Carillion Igloo Genesis is working on Europe’s largest floating village, offering homes, shops, restaurants, and a potential floating lido for outdoor swimmers. Further west, in Stratford, the latest phase of homes in the Queen Elizabeth Park, at Chobham Manor, will launch this summer, with two-bedroom flats available from £580,000.

Evening Standard (15/05/2017)

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London construction costs remain high

19th May 2017

Despite a slump in the value of sterling since Britain’s vote to leave the EU, London remains the world’s fifth most expensive city for commercial and residential construction. According to a new study by professional services company Turner & Townsend, the average cost of construction in the UK capital is now at $3,214 per sq m – a figure set to rise a further 4.1% in 2017, the survey predicts. Of the 43 regions and cities examined in the annual report, only New York, San Francisco, Zurich and Hong Kong were found to be more expensive than London.

The Independent (15/05/2017)

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Housing plans accelerate

19th May 2017

The g15 group of London housing associations says it will build 42,000 affordable homes over the next four years, accelerating its building programme by 50% on the back of Mayor Sadiq Khan securing over £3bn for affordable housing in 2016’s autumn statement.

Evening Standard (17/05/2017)

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Gamble fails to pay off

19th May 2017

A home worth £1.2m that was being raffled off for just £5 per ticket has been withdrawn after concerns from the local council. Owner Renu Qadri was aiming to raise £3.75m through the online raffle for her home in south east London’s Blackheath. A spokesman for Greenwich Council said the listing may have breached Gambling Commission rules. Ms Qadri reportedly bought the property under the Government’s right-to-buy scheme three years ago for £360,000.

The Daily Telegraph (13/05/2017)

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One Park Drive to transform the Docklands landscape

12th April 2017

One Park Drive, the first UK residential scheme by famed architects Herzog and de Meuron, has launched to the market. The unique circular 58-storey tower, on the corner of South Dock, is surrounded by water on two sides, with each of the 483 homes with its own terrace offering views of the Docklands, the City, or the Thames; it is divided into three distinct sections, from the Loft at the lower levels of the building, the Cluster in the middle, and the Bay on levels 35-57. Homes are available now, with prices starting at £575,000 for a studio.

The Wharf (04/05/2017)

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