The Royal Docks in Newham, London
Foxtons agent says some of London’s best-selling developments are located in the area.
Once a thriving cornerstone of industrial England, the Royal Docks, London is in the midst of a transformational £8 billion regeneration overhaul that is seeing a rush of homebuyer interest to the area, according to one of the UK’s largest estate agencies, Foxtons.
With the addition of significant private and public investment in the area’s transport links, housing, commercial, cultural and leisure offerings, the Royal Docks is fast becoming an ever-attractive proposition for future property investors.
Regional Manager of New Homes East at Foxton’s, Sheldon Boothe said: “The Royal Docks has been highly attractive for us at Foxtons this year, with some of the best-selling developments being located in the Royal Docks. Buyers are leaping at the investment potential, amazing connectivity and the waterside living that the area offers.
“The Royal Docks truly is one of the most exciting places to invest your money and to live. The fact the Mayor of London moved here is testament to the backing that this area has. We have also seen key players like Mount Anvil, Ballymore and Lendlease all entering into this area, bringing much needed homes and local amenities.
“With the addition of the Silvertown tunnel which is due to be complete in the summer of 2025, and the Elizabeth Line which opened in 2022, the Royal Docks is an area that is not only improving aesthetically but also in terms of infrastructure. With prices in Canary Wharf relatively high, the Royal Docks offers you with an affordable alternative while not having to compromise on transport into London’s financial districts.”
The area’s prospects took flight back in 2017 when the Royal Docks team was formed; a coalition between Newham Council and the Mayor of London, bought together to help deliver the cohesive transformation of the Royal Docks into a vibrant, mixed-use destination with culture and community at its heart.
Since then, much has been delivered, perhaps most significantly the Royal Wharf development; a vibrant new 16.2-hectare district that frames almost 4,000 homes and 11,150 sq of retail and business space with the addition of a Thames Clipper, further improving the area’s transport links. Yet despite this already significant investment, more is still to come.
Local residents waterside in the Royal Docks
Sadiq Khan’s latest regeneration plans for the district – worth £2 billion of public and private funding, are the latest steps toward the ambition to bring major highway improvements, 100,000 sq m of workspace and a new bridge to connect Thameside communities alongside other welcome development. Not least a sizeable portion of the staggering 36,000 new homes that are planned for the area over the next 20 years, the latest of which includes The Silverton by Fairview New Homes; 78 one-, two- and three-bedroom apartments and two-, three- and four-bedroom duplexes.
With guide prices starting from £375,000, The Silverton offers real value for money in comparison to the rest of the Royal Docks, where the average cost of an apartment is £459,047.
Anyone interested in purchasing a home at The Silverton should contact the sales team on 020 8131 4030 or email [email protected].
CGI of The Silverton
Life at The Silverton
Ready to move into from September 2024, The Silverton is ideal for first-time buyers, investors and those looking to get out of the rental market. Whoever chooses to make it home will be joining a growing community benefitting from an abundance of amenities and transport links.
Just six minutes away by foot is the picturesque Thames Barrier Park that offers beautiful views of the Thames Barrier and River Thames – perfect for picnics, relaxing, working out or anything in between. It even has a kid’s play park for those with young children.
A little further away – nine minutes by foot – residents will hit the iconic River Thames and a section of the Thames path – the perfect option for a morning run or a leisurely stroll.
The view from Thames Barrier Park
Each apartment at The Silverton is designed to a high specification, with Amtico flooring, USB points in the kitchen, living areas and bedrooms, video entry systems, a fully integrated fridge/freezer, dishwasher, washer/dryer, microwave, Quartz worktops and soft close doors and drawers throughout.
All of the homes have their own private terrace, balcony or winter garden, whilst the beautifully landscaped podium gardens in the centre of the development offer residents a more social place to relax along with their neighbours. Several of the homes also have access to a roof terrace offering picturesque views across the River Thames.
The roof terrace at The Silverton
There are a number of great bars, cafés and restaurants near The Silverton. For an evening drink and a bite to eat, there’s the popular Windjammer a 13-minute walk away which has a great buzz on Thursday, Friday and Saturday night. Whilst the Little Hudson Café is a great spot for coffee, pastries or brunch.
There’s a diverse range of cuisines available all within easy reach of each other on Royal Crest Way – Keonbae serving delicious Korean-style BBQ, Kaboom with tasty Mediterranean dishes and Royal Wharf Fish and Chips supplying the British classic.
The development also sits within easy reach of a from a number of excellent transport links. The DLR is available just six minutes’ walk away at Pontoon Dock where you can travel to Canary Whard in 12 minutes via Poplar, Stratford in 12 minutes and Bank in 20 minutes.
The Elizabeth line is accessible at Custom House with a short walk, from where you can reach Liverpool Street in 11 minutes, Farringdon in 13 minutes, Paddington in 22 minutes and Heathrow in 56 minutes.
Slightly further afield and reachable with a 12-minute bus journey from the development or five minutes on the DLR from Pontoon Dock is Canning Town station, which gives residents access to the Jubilee Line with quick 10- and 13-minute connections into, London Bridge and Waterloo respectively.
A pleasant 19-minute stroll through the Thames Barrier Park and along the River Thames, will see residents arrive at Royal Wharf Pier at the Uber Boat. From here, residents can get to North Greenwich and the famous O2 Arena in just four minutes, where visitors can enjoy concerts, events and a whole host of shops, bars, restaurants and other entertainment services.
For those with a taste for less conventional means of travel, the IFS Cloud Cable Car can be caught from the Royal Docks over to the Greenwich Peninsula, offering spectacular 360 views of London from 90 metres above the River Thames.
London City Airport is a mere 13-minute walk from the development, making The Silverton perfect for frequent fliers, be it for business or pleasure. Popular connections include Amsterdam, Edinburgh, Nice, Geneva, Milan and Zurich.
For more information on The Silverton, visit: https://www.fairview.co.uk/developments/the-silverton/
*according to Rightmove as of 14/05/2024.
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For further press information, please contact:
Dylan Smart | Olivia Hazelden-Kingdon
Rooster.
T: +44 (0)203 440 8934
E: [email protected]
About Fairview New Homes
Fairview New Homes has built homes in and around London for over 60 years. Known for its ability to build good value homes in undiscovered spots of London, Fairview benefits from utilising its own contractors to keep costs down and guarantee a more reliable turnaround from reservation to picking up the keys.
Fairview prides itself on helping first-time buyers get on the property ladder and builds affordable homes which are perfect for those looking to take their first step into home ownership. The Save to Buy scheme is just the latest way it’s helping first-time buyers.
For information on Fairview New Homes, visit: www.fairview.co.uk
Facebook: www.facebook.com/FairviewNewHomes
Instagram: www.instagram.com/fairviewnewhomes
