Investors Paradise- Royal Victoria

O

Royal Victoria Investors Paradise

Oxygen Property Management provides the knowledge and expertise as to why Royal Victoria is a place to invest today.

O

O

Royal Victoria Investors Paradise

Introduction

Our expert team have collated data on the local area to help showcase the benefits of property investment. Royal Victoria is currently a “hidden gem� location which is predetermined to grow and develop in the near future. Our intentions are to show you why investing in this area could result in a profitable outcome through the use of legitimate facts and figures.

The information within this publication has been collated in reference to sources including RICS, Zoopla, the National Consensus and National Statistics.

Contents:

Facts & Figures:

Housing Tenure Statistics .......................... 1 Average House Value .............................. 2 Housing Sales Maket ................................. 3 Housing Rent Market ................................. 4

Local Information:

A Quality Investment ............................... 5,6 A Dynamic Life ......................................... 7 Local Amnities .......................................... 9,10

O O

Royal Victoria Housing Tenure Statistics

The information outlined within this section showcases the Housing Tenure Statistics based on the most recent National Consensus of 2011. As an outline, we believe this provides the synopsis of how the market is behaving and what the needs are for the future tenant/ home-buyer.

Housing Types:

Detached 0% Semi-Detached 0% Terraced 1% Flat (Purpose-Built) 98% Flat (Converted) 1%

The E16 area shows purpose built flats as the dominating housing type. This is the outcome of on-going mass development and large-scale regenerations in the area, which will continue to support the future growth of purpose built flats as the preferred housing type in the area.

Housing Ownership:

Western Gateway contains a higher than average level of rented housing (excluding social housing) - 64% of household spaces.

This indicates that it is a prominent area for investing as a potential Landlord.

Owned Outright Owned with Mortgage Shared Ownership Rented: From Council Rented: Other Social Rented: Private Landlord Rent Free

3% 9% 17% 1% 5% 64% 0%

Housing Occupancy:

Almost half of the households in Royal Victoria and surrounding E16 areas are “one person� households followed closely by Two Person households. The demographics of the area is changing, newly dominated by young professionals it is likely the future rental trends will continue to reflect this.

One Person Two People Three People Four People Five People Six People

One Person Two People Three People Four People Five People Six People

44% 41% 8% 5% 2% 0%

O

Royal Victoria

Average House Values Comparison

O

The Oxygen Property Management team keep a close eye on market activity. Over the past 5 years we have identified an overall increase in prices of the average home. Our calculations tell us that the prices have risen by approximately 30% in the E16 area in comparison to a 13% rise in the rest of the UK. With a difference of more than double that of the rest of the UK, Royal Victoria and surrounding areas in E16 confirms its position as an investment area with great growth potential making it a worthwhile investment for the future.

Average House Values:

O O

Royal Victoria

Housing Sales Market Statistics

The housing market in Royal Victoria is predicted to rise in the next few years. With new developments planned within the area, Royal Victoria is sure to become one of London’s highly sought after locations to live. Our team continuously undertake research of the housing market activity which enables us to foresee upcoming changes and provide advice to our clients. The graph below displays the housing market activity for the past 12 months online portals such as the National Consensus and estate digital platforms

Flats: House-Detached House- Semi-detached House- Terraced Average Price Paid £199,744 £348,824 £272,224 £237,938 Current Average Value £302,425 £446,144 £398,342 £339,381

Average Prices:

O

Royal Victoria

Housing Rent Market Statistics

O

Statistics collated in the last 12 months suggest that higher rent is obtained from flats than houses, with a 64% rental rate of housing tenure. Findings suggest that purchasing a flat will result in a higher profit rate from the perspective of the potential landlord.

Houses pcm Flats pcm

1 Bed 2 Bed 3 Bed 4 Bed £848 £1,472 £2,148 - £1,279 £1,697 £2,523 -

Average Rent Prices:

O

Royal Victoria A Quality Investment

E16 and it’s surrounding areas is quickly becoming one of London’s sought after residential areas.

With ongoing regeneration schemes and planned developments, E16 is a great place for investments for private buyers as well as buy to let. The following are a number of developments which have been granted or are awaiting planning permission.

1. London City Island

A unique Island neighbourhood on the Leamouth Peninsula

by Canary Wharf. The 14 acre “mini-Manhattan” adjacent to London’s most exciting creative and commercial districts. Surrounded by water and connected by a specially commissioned bridge, it is thoughtfully landscaped and will be the home to the English National ballet. Project costs £700 million, and is due to complete in 2016.

5. Arcelor Mittal Orbit Slide

O

It will be the world’s longest and tallest tunnel slide, measuring approximately 178m long and will be 76m high.

The descent will take about 40 seconds; average speed will be six metres a second, around 15mph. There are transparent sections on the slide so you can marvel at the Due for completion in spring 2016.

6. Hoola Apartments

360 individually designed studios and apartments in two iconic towers. Rippling glass endless balconies surround these two virtually identical 23 and 24 storey residential towers. 360 degree views over the Royal Docks, the Thames, O2 Arena, the Olympic Park, the skyline vista of Canary Wharf and the City of London. One of the greenest buildings in the world.

7. Regeneration of Canning Town

Construction to begin later this year creating a 35 acre state-of-the-art business port of high quality work, retail and leisure space totalling £1.7 billion. Due for completion in 2017.

Ten year regeneration project of 62 acre site in the Royal Docks led by The Silvertown Partnership will create up to 20,700 new jobs and 3,000 new homes, as well as 179,000 sq. metres of office space and 222,000 sq. metres of brand units. Cost of scheme is £3.7 billion due for completion in 2024. After completion it is expected to attract 13 million visitors a year, and to provide £3 million per year boost to the local as well as overall London Economy.

4. Pontoon Dock - Silvertown Quays

8. Stratford Town Centre Redevelopment

2. Asian Business Port

Millennium Mills, one of the major landmarks of London’s industrial past, will be the focus of seven million square feet of development that will bring cafés, restaurants, commercial and community buildings to the docks.

3. Royal Albert Basin

Riverside community transforming a disused site into a new riverside community with mixed use as well as new public spaces along the river front and around Gallion’s Reach DLR Station. Investment in road and public realm infrastructure has also been made. Over 1500 new homes for sale as well as a proposed marine-based industry and a commercial boatyard providing services to London’s leisure and working craft operating on the Thames 4 Pontoon Dock. £3.5 billion total cost, completion estimated in 2017. Up to 3000 new homes, 21,000 new jobs and an annual benefit of around £33 million

Stratford Centre set regeneration amongst the proposals are a new 1,875 sq. metre public sphere, complete rejuvenation of Morgan House, two new residential towers with 590 apartments and the re-cladding of the Stratford Centre multi-storey car park.

9. London City Airport, Western Pier

New Western Pier which will create a bright, open plan space with modern seating, electronic boarding gates, work spaces, quiet areas and charging points costing £16 million. This is due for completion in the Summer of 2016.

Area capacity will increase by 84% with space for new retail and food and beverage outlets, and accommodate 600 additional seats

10. New Phase of Canary Wharf

The innovative architects of the Tate Modern and Beijing Olympics have designed a 57-storey skyscraper to stand as a centre piece for the new development. The skyscraper will be designed to be cylindrical and face the South Dock providing exceptional water views. 3,500 luxury homes will be developed along with two new hotels and 1.9 million sq. ft. of commercial offices £200 million.

11. Royal Gateway, Jude Street Brand new all 2.2 acre private development comprising of 336 exclusive apartments and penthouses. Royal Gateway will comprise of 5 apartment blocks providing unrestricted views over London’s iconic skyline, complete with a proposed concierge, podium landscaped gardens and secure parking reaching completion in 2017.

Crossrail

Crossrail is a capacity enhancement rail project introducing new fast, high frequency, high capacity railway on a new 118 km track from Reading, Maidenhead and Heathrow in the west, through central London to Shenfield and Abbey Wood in the east. £16 billion total cost, estimated completion in 2019.

River Tunnel Crossing If approved construction could start in 2017 on a proposed Silvertown Tunnel which will connect the Greenwich Peninsula with the Royal Docks ,easing congestions. Total cost could reach £750 million. Waiting on approval.

O

Map Key:

8

5

4. Pontoon Dock- Silvertown Quays Mixed use as well as new public spaces.

5. Arcelor Mittal Orbit Slide World’s longest and tallest tunnel slide.

6. Hoola Apartments 360 individually designed studios and apartments.

11

7. Regeneration of CanningTown Ten year regeneration project .

6

10

O

Royal Victoria

2. Asian Business Port 35 acre state-of-the-art business port.

3. Royal Albert Basin Mixed use as well as new public spaces.

7

1

1. London City Island A unique Island neighbourhood on the Leamouth Peninsula by Canary Wharf.

2 4

9

3

A Quality Investment

This map shows upcoming developments which have been granted or are awaiting planning permission. Our experts at Oxygen believe that each development will have a positive impact on the prices of properties within the Royal Victoria area.

8. Stratford Town Centre Redevelopment New1,875sq.metrepublicsphere,completerejuvenation of Morgan House, two new residential towers.

9. London City Airport, Western Pier -ÂŁ16 million project.

10. New Phase of Canary Wharf 57-storey skyscraper to stand as a centre piece for the new development.

11. Royal Gateway, Jude Street Private development comprising of exclusive apartments and penthouses.

River Tunnel Crossing TunnelwhichwillconnecttheGreenwichPeninsulawith the Royal Docks.

Crossrail Rail project introducing new fast, high frequency, high capacity railway.

O

Royal Victoria A Dynamic Lifestyle

Royal Victoria offers a dynamic lifestyle for it’s inhabitants. Just minutes away from the city centre, the area offers an unusual tranquillity even though it is a part of London’s zone 3. Here we set out the top 7 attractions for those living in the area.

5

1 7

6

1. The O2 Arena

Based in Greenwich, the arena hosts world wide famous concerts and shows. The O2 itself is an architectural landmark and even offers walks across the building for a friendly charge.

2. Thames Watersports

Throughout the summer the docks offer jet skiing, river rat race, paddle boarding and much more for the sports enthusiasts.

3. Canary Wharf

Royal Victoria and the surrounding areas is known for it’s tranquil environment when compared to other central locations. Lively nightclubs, bars and restaurants are a short ride away.

4. The Crystal

The crystal is an exhibition centre which is home to the worlds largest exhibition space dedicated to showcasing the future of cities. The structure itself is additionally one of worlds most sustainable buildings.

5. Emirates Airline

The cable car crosses the River Thames between Royal Victoria and Greenwich Peninsula. The Cars arrive every 10 seconds and flights take approximately 10 minutes each way.

6. The ExCel

The exhibition Centre is just a short walk away. Annual shows include the Boat Show, Comic Con, Cake and Bake Show, The Wedding show and many more.

7. Bars and Restaurants

Along the dock you will find a variety of authentic, privately owned establishments offering foods and beverages to satisfy all kinds of taste-buds.

O

Royal Victoria A Dynamic Lifestyle

3 Canary Wharf

1

2 The O2 Arena

5

Thames Watersports

4

Emirates Airline The Crystal

6 8 Bars & Restaurants

7 Bars & Restaurants

The Excel

O O

Royal Victoria Local Amenities

The area offers a variety of transport options and close by healthcare establishments, all within easy reach. This, we feel provides locals with the benefit of living a tranquil life in close proximity to the centre.

Nearest Doctor’s Surgeries/ GP Practices: Name Approx. Distance St Lukes Health Centre 0.3 miles Customs House Teaching & Training Practice 0.4 miles Britannia Village Surgery 0.4 miles Lwin T 0.7 miles Gonsai RB 0.8 miles Star Lane Medical Centre 0.9 miles Venugopai RS 1.0 mile Greenwich Peninsula Practice 1.1 miles Glen Road Medical Centre 1.1 miles

Nearest Dentists:

Name Approx. Distance Community Dental Department 0.2 miles The Canning Town Dental Practice 0.7 miles Sunny Smiles Dental Innovations 0.7 miles Abbey Arms Dental Practice 0.9 miles Align and Smile 1.1 miles My Dentist, Barking Road 1.3 miles East London Dental Care 1.3 miles City Airport Dental Surgery 1.3 miles Spencer-Brown & Srotyr 1.4 miles Altmore Dental Practice 1.5 miles

Travel Times:

Station Travel Time Canning Town 3 mins North Greenwich 6 mins Canary Wharf 8 mins London Bridge 15 mins Waterloo 18 mins Westminster 21 mins Bond Street 24 mins Baker Street 27 mins

Nearest Tube/ DL R Stations: Royal Victoria DLR Station Custom House for ExCel DLR Station Canning Town DLR Station North Greenwich Tube Station Prince Regents DLR Station West Silvertown DLR Station Pontoon Dock DLR Station Blackwall DLR Station Star Lane DLR Station East India DLR Station Royal Albert DLR Station All Saints DLR Station West Ham DLR/ Tube Station Plaistow DLR Station Poplar DLR Station Canary Wharf DLR Station West India Quay DLR Station Crossharbour & London Arena DLR Station

0.1 miles 0.5 miles 0.6 miles 0.7 miles 0.7 miles 0.8 miles 1.0 miles 1.1 miles 1.3 miles 1.3 miles 1.3 miles 1.4 miles 1.5 miles 1.6 miles 1.6 miles 1.7 miles 1.7 miles 1.7 miles

Nearest Railway Stations:

West Ham 1.5 miles Charlton 1.6 miles Westcombe Park 1.7 miles Maze Hill 1.9 miles Woolwich Dockyard 1.9 miles Woolwich Arsenal 2.5 miles Stratford (London) 2.5 miles Greenwich 2.5 miles Limehouse 2.6 miles Maryland 2.7 miles Stratford International 2.8 miles Deptford 2.8 miles Forest Gate 2.8 miles

Other:

Emirates Royal Docks 0.1 miles City Airport 1.7 miles

O

Royal Victoria

Nearest Primary Schools:

Name Approx.

Distance 1. Hallsville Primary School 0.3 miles 2. Britanna Village Primary School 0.4 miles 3. St Luke’s Primary School 0.4 miles 4. St Joachim’s RC Primary School 0.5 miles 5. Keir Hardie Primary School 0.6 miles 6. Rosetta Primary School 0.6 miles 7. Ravenscroft Primary School 0.8 miles 8. Scott Wilkie Primary School 0.9 miles 9. Calverton Primary School 1.0 mile 10. Kaizen Primary School 1.0 mile

Education

20 14

Nearest Secondary Schools:

7

Name Approx.

Distance 11. Oasis academy Silvertown 0.4 miles 12. The Royal Docks Community School 0.7 miles 13. Rokeby School 0.7 miles 14. Eastlea Community School 1.1 miles 17 15. Cumberland School 1.1 miles 16. Brampton Manor Academy 1.4 miles 17. Langdon Park Community School 1.4 miles 18. University Technical College, Greenwich 1.5 miles 19. Kingsford Community School 1.6 miles 23 20. East London Science School 1.7 miles

16

15

13 5 3

21 24

6 19

8

1 4

Further Education:

Name Approx.

Distance 21. YMCA George Willams College 0.6 miles 22. Newham Sixth Form College 1.5 miles 23. Tower Hamlets College 1.8 miles (Outside of Map Radius) Westech College 1.9 miles St George’s College 1.9 miles Kingsland College of Business Studies 2.5 miles Interlink College of Technology & Business Studies2.8 miles The Building Crafts College 3 miles Professional College of Management 2.5 miles Central College 2.7 miles

22

10

12

9

12 26 11

2

25

Higher Education:

Name Approx.

Distance 24. YMCA George Willams College 0.6 miles 25. Ravensbourne 0.8 miles 26. University of Cumbria 1.6 miles 34. University of East London 1.9 miles

18

O

. . . m a e T d e sh i l b Esta

Oxygen Property Management Ltd (OPM) is an award winning estate agency offering sales, lettings and comprehensive management services for properties across East and Central London. We manage and maintain an impressive portfolio of residential and commercial properties using sophisticated systems which help us deliver outstanding services to our clients. Thanks to the long standing relationships we have developed over the years with our Blue Chip Clients, today we are an established point of call for all commercial and residential needs.

Part of a development company, OPM was formally established as an Estate Agency in 2008 following the completion of “The Oxygen”, a luxurious new build complex located in the highly sought after location of London Docklands. OPM has access to developments acquired by its parent company, often located in up and coming locations which offer distinguished property investment opportunities.

For further information, please get in touch with our Dedicated Team.

Call us on 0207 055 8000 or e-mail lettings@oxygen.co.uk

Donovan O’Connor Operations Manager

Our goal is to syndicate traditional values and services with contemporary advances and sophisticated marketing tools to provide each one of our clients with a unique service, tailored to meet individual needs and aspirations. Our dedicated team offer services in:

Find us on:

- Sales (ranging from city view apartments to luxury family homes) - Lettings (across central and greater London) - Management (average 300 contracts by our established team of experts) - Maintenance (24 hour service)

Follow us on:

Octavia Rolle

Lettings Negotiator

Lilly Sayers

Lettings Administrator

O o

oxygen Property Management Unit A The Oxygen 18 Western Gateway London E16 1BL

Tel: 0207 055 8000 www.oxygen.co.uk