Royal Eden Docks, E16, London

The 3rd Phase of Royal Eden Docks - The Wellspring by Mount Anvil and a joint venture partnership with Excel London.  The scheme will bring forward a range of studio, one, two and three bedroom apartments with prices starting at £357,000.

The Wellspring is located within one of London’s most exciting regeneration districts, Royal Docks; construction has begun on the £8bn investment programme which is set to create seven million sq. ft. of commercial jobs, with 35,000 new jobs and 4,000 new homes. With over 1,200 acres of land, 250 acres of water and nearly 12 miles of waterfront, it uniquely sits in a meeting point of two growth corridors – an opportunity area, and London’s only Enterprise Zone, making it poised for growth. It has received a £314m investment package, approved by the Mayor of London, which accelerates the regeneration. The new quarter will also benefit from connectivity via a Crossrail station, the neighbouring London City Airport, and a new port, which makes it uniquely globally connected. It is projected that by 2024, house prices would grow by 10% and rental growth values by 9%

RED DEVELOPMENT

The Development 

 

  • Studio, 1, 2, & 3-bed apartments from £357,000
  • Launching 16th - 18th October 2020
  • Zone 3, 3 minutes’ walk from Custom House station (Crossrail and DLR)
  • 5,000 sq m of landscaped green space - equivalent to 20 tennis courts
  • 24-hour concierge service, flexible working space and meeting room
  • 17 amenities dedicated to fitness and relaxation
  • Cinema room and entertainment space
  • Estimated 9% rental value growth (CBRE, 2020: London Borough of Newham) 
  • Completion Summer 2022
RED The development

The Design

 

  • Open plan layouts, full-height windows and private outdoor space to every home
  • USB points and integrated SMEG appliances to all kitchens
  • Bespoke vanity units and white marble-effect, porcelain tiles to all bathrooms
  • Under-mounted, stainless-steel sinks
  • Composite stone worktops and splashback
  • Neutral tones
  • LED downlights
  • Timber-effect flooring that's durable and easy to clean
  • 10-year NHBC Buildmark warranty
RED The Location

The Location

 

Proximity to transport

Royal Victoria (DLR) - 0.2 miles
Custom House (DLR and Crossrail) - 0.3 miles
Canning Town (DLR and Jubilee) - 0.8 miles
London City Airport - 1.5 miles

 

Proximity to leisure and culture

ExCel Centre - 0.2 miles
Good Hotel - 0.1 miles
London Royal Docks open swimming - 0.3 miles

 

Proximity to educational institutions

University of East London - 2.3 miles

 

Proximity to green spaces

Royal Eden Docks landscaped gardens - 0 miles
King George V Park - 1.2 miles
Thames Barrier Park - 1.2 miles

Disclaimer
© 2020 CBRE Limited (Estate Agent Company License C-004065) (HK Company Registration No. 0125045). Property information in this presentation is provided exclusively for CBRE’s clients and has not been verified. Specifically, no standard definition of floor area exists for non-residential properties. Recipients of this presentation are advised to inspect the property, take measurements and obtain legal and professional advice to verify the information provided herein. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the Property. We shall not be liable for any loss, damage, cost or expense suffered or incurred in connection with any use of or reliance on such information. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, changes of price, rental or other conditions, prior sale, lease or financing, or withdrawal without our knowledge or notice. Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. Our sales representatives for overseas property work exclusively in relation to properties outside Hong Kong and, unless expressly stated otherwise, are not licensed under the Estate Agents Ordinance to deal with Hong Kong properties. Lease Term: 200 years from the 9th April 1999. Property Reference Number: RED_AD_01. Planning Approval Number: 18/01257/FUL. The Borough: London Borough of Newham. Date of advertisement printing: 18 October 2019. *Price correct at time of going to print.Computer generated images are indicative only. 1Journey times are estimated and taken from tfl.gov.uk and crossrail.co.uk 2 CBRE, 2019, London Borough of Newham 2019-2023. Completion dates are estimated and subject to change.

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