Live London Oct 13-27

Oct 13-27, 2021 wharf-life.com

+ David Galman on how Canary Wharf is like a feline Page 16

how Berkeley Homes is set to update its Building10 plans at Royal Arsenal Riverside Pages 14-15

finesse applying some

Property in Canary Wharf, Docklands, east London buy - rent - invest - interiors - commercial

SALES & NEW HOMES mylondonhome.com

canarywharf@mylondonhome.com

CALL 020 7227 0044

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Additional residential properties Berkeley wants to create at Building 10 in Woolwich

how Berkeley Homes is looking to update its Building 10 proposal to make best use of the structure

by Jon Massey

A Above, under construction – the partially covered area that will become Windsor Square at the heart of Building 10 with the newbuild rising behind Left and below, show home interiors aimed at giving buyers a feel for the finishes at Building 10’s residential properties

s the team from Berkeley Homes are leading me on a tour of the Building 10 site at its Royal Arsenal Riverside development, I spot an unexpected local resident.

As the dwindling light of an autumnal Monday streams through the open roof of what will become a partially enclosed public square, it falls on the glossy, auburn coat of a fox.

He stops briefly to survey us in our hi-vis PPE, before disappearing off about his business, bushy tail bobbing behind him.

Foxes are deeply practical animals. Their intelligence and flexibility has seen them adapt with ease to increasingly built-up areas of London, becoming a common sight across the capital as they effortlessly tailor their lives and ambitions to the realities they encounter. They’re smart – and it pays off.

Berkeley is similarly adaptive and pragmatic. It has to be. Instead of simply levelling the 88-acre Woolwich site and starting again – arguably the easier option – it’s made a consistent and conscious effort to preserve and celebrate the area’s heritage.

That has meant refurbishing and reimagining existing structures and ensuring a flavour of Royal Arsenal’s sprawling operations – that at their peak saw 80,000 people employed locally in the manufacture of weapons and ammunition and supporting trades – remains.

Working with older buildings, no matter how careful the preparations made, is unpredictable.

Sometimes, until you get on site, the feel of the finished product is unclear.

It’s also the case that developments take a long time and, sometimes, what was originally planned no longer suits the demands and desires of the people who will ultimately use it.

A certain amount of finessing is therefore to be expected and Berkeley’s latest proposal for Building 10 continues a process of tweaks made to the original scheme, which was approved in 2017.

That included plans for 18,800sq ft of commercial space split into seven units, which was increased to 34,600sq ft over 10 units in 2019 with the addition of mezzanine

floors to spaces at the western end of the site and the introduction of a fresh access route out to Major Draper Square.

Berkeley East Thames development director Julian Evans said: “We continually think about whether we have the right solution in terms of the buildings we are developing.

“We’ve recognised that the nature of the proposed commercial spaces underneath the new-build section of Building 10 is they are constrained by the historic arches, meaning they would be compromised to the point that, if we took them to market, they wouldn’t be attractive to potential tenants.

“The nature of retail, particularly, is about that frontage – that footfall. It’s understanding that visually, people need to be able to see that where a business is and what it does.

“So we reviewed the eastern large ground floor space and created something new – we’re proposing an atrium with four smaller commercial units that gives people a wonderful sightline through to an existing archway, which will connect out to the next phase of Royal Arsenal Riverside.

“This will create a link between the two, while also maintaining the ability to have smaller, modern but more prominent retail units that face outwards onto the street.”

The new proposal keeps the total number of commercial units at 10, with a slight reduction in space on the 2019 proposal. It still represents an increase of 52% on the 2017 scheme and opens up the semi-enclosed square at both ends.

“At the same time, this change means there’s an opportunity to create eight mews-style houses that we know people crave from what we’ve delivered on-site to date,” said Julian.

“Buyers want something different. The properties would be set over two levels – they have the feel of a house and they’re quirky in their nature.

“The houses at Building 10 will also be homes people can both work and live in if they need to.

“What people have loved over the years is that the historic properties we’ve created at the development don’t exist anywhere else – they’re unique to this place.

“It’s a really great proposal and, I think when we take all of the commercial units to market, it’s such an exciting space that they will be really well received.”

The change also plays into

Wharf Life Oct 13-27, 2021 wharf-life.com

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Property

change

Looking down into Windsor Square from the new-build

things up

“

We continually think about whether we have the right solution in terms of the buildings we are developing Julian Evans, Berkeley Homes

An older architectural model of Building 10 – under the new proposal the eastern end would be opened up with smaller commercial units creating an arcade beside Royal Arsenal Riverside’s energy centre Images by Matt Grayson – find more of his work at graysonphotos.co.uk or @mattgrayson_photo on Insta

Berkeley’s strategy for fostering small business growth locally.

The developer’s head of social value Carolina Correia said: “We’ve been very lucky to have been working with a number of micro businesses in the area who have expressed an interest in being on-site.

“They recognise how interesting Royal Arsenal Riverside is as a proposition. e have a coffee cab that stays here from Tuesdays to Sundays. Then we have a rotation of different street foods.

“The plan is to create an arcade at Building 10, which will have some of these smaller commercial units, and it’s a great opportunity for some of these businesses to trade here. We’re also working hand in hand with Greenwich Cooperative Development Agency to provide training and mentorship so these businesses can grow to full commercial propositions.

Julian added: “This whole concept of incubating local

Berkeley Homes’ Carolina Correia and Julian Evans say the new proposal is exciting for local businesses businesses that start on a kitchen table and come to us, explain what they want to do and then get help, is what Berkeley has been doing from day one. This latest proposal is part of that.”

Building 10 comprises a new-build structure containing more than 110 apartments, alongside Windsor Square, a partially covered space that once formed part of the Carriage Works at Royal Arsenal.

The proposed eight new residential properties would range in size from one to three bedrooms and would feature double height spaces, first floor balconies, historic features, a split level layout and dual aspect living.

Prices for homes already on sale at Building 10 start at £470,000.

One, two and three-bedroom properties are available.

The building is located close to Woolwich Crossrail station which will offer direct services to Canary Wharf in seven minutes when trains start running in 2022.

A show home is available to view on-site.

Scan this code for more about Building 10 in Woolwich

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building the future

by David Galman

Number of trees gained by the creation of a new urban park at the heart of Blackwall Reach

Orchard Wharf is located on the banks of the River Lea

An artist’s impression of the Blackwall Reach development

I

cannot think of another location that has nine lives like Canary Wharf. The 2021 post pandemic renaissance of the area follows in a long line of recoveries. It’s the most resilient of places.

Research suggest that more than 60% of workers are now spending at least three days a week in the office. To be frank Fridays and Mondays have always been less frantic.

Perhaps now that so many have a home office set up, a three-two approach is appropriate. As a fan of West Ham, I would prefer a more attacking formation, with a majority back in the office every day. But I have to concede that the current situation at least represents progress from last year.

In the end, it’s social habits that will eventually be the driver of a return to work. Canary Wharf, for example, has some of the best hospitality, retail and leisure offerings in the UK – all in one location.

Working and living nearby means access to them and these businesses appear to be buzzing again.

The restaurants and bars are busy and that’s heartening because it is vital for the area that as well as the offices filling up during the day, the ancillary businesses flourish too.

Residential sales Research suggests in the region are also recovering with that more than finished apartments 60% of workers are offering the best value for money as now spending at least developers strive to sell three days a week in completed properties before the latest in the office a production line of David Galman, Galliard Homes towers takes to the market.

Apart from one stunning penthouse at Maine Tower, Galliard is sold out on the Isle Of Dogs. We know that our friends at Ballymore, LBS, Berkeley and Chalegrove are being sensible on prices and incentives to allow them to sell out at their respective schemes.

Owner occupiers in the area are beginning to look at nearby locations, where the quality of development is similar, but perhaps the journey to Canary Wharf means a trip on the DLR, a quick ride in an Uber or a brisk walk.

Galliard’s nearby Orchard Wharf scheme, for example is increasingly appealing to owner occupiers who can see the value (at less than £800 per sq ft) of living a stone’s throw from Canary Wharf.

I love this part of London and have done since the early 1980s.

There is life in the “old cat” of Canary Wharf yet – it’s only used a handful of its nine lives so far.

David Galman is sales director at Galliard Homes which is delivering developments including Orchard Wharf, Harbour Central and The Stage Go to galliardhomes.com or follow @GalliardHomes and @DavidGalman on Twitter Scan this code to find out more about Galliard Homes and its developments in east London and across the capital

reserve a home with NU Buy Guarantee at October event and get £2,500 worth of vouchers advertising feature

P

arkside West at Blackwall Reach, by NU living, will see 268 new homes placed in the heart of Blackwall Reach, a dynamic regeneration scheme in east London.

The one, two and three-bedroom apartments and duplexes, starting from , , will offer an exceptional standard of living with outstanding views over a landscaped Millennium Green and/or the city.

Along with these views, each home will offer a balcony or indoor winter garden, providing flexible space for modern London living.

The area is being transformed into a modern sustainable community, which will provide 1,575 inviting homes.

For those looking for plenty of open space, Parkside West will be set around the revitalised Millennium Green.

This unexpected oasis gives the development a unique sense of space, providing a beautiful secluded sanctuary to exercise, energise and relax.

The landscaped central park has been designed as an immersive outdoor space with play areas, seating, and an outdoor gym, as well as a combination of landscaped zones and meadows, promoting biodiversity in the city.

The new urban park will see a significant net gain of trees, improving residents’ wellbeing as

Scan this code to find out more about the firsttime buyer event well as reducing carbon footprint around the estate.

The extensive public realm at Blackwall Reach has been sub ect to significant investment, supplementing new community facilities and retail space around the Blackwall area.

Newly completed Station uare offers a wealth of shops, hospitality and fitness spaces for residents including oc offee, MoreYoga and The Chairman Grooming. Minutes from Parkside West is Republic London, one of the capital s most exciting, flexible workspaces. or first time buyers een to start their new home adventure, a dedicated event will be held at the Blackwall Reach Marketing Suite on Saturday, October 23. An independent solicitor and financial advisor will be on hand to answer questions as you learn more about Parkside living in the spacious, modern show apartments.

Those that reserve on the day using the NU Buy Guarantee scheme, which allows first time buyers to purchase with a 5% deposit, will receive £2,500 worth of John Lewis or M&S vouchers (terms and conditions apply).

For more information, please visit blackwallreach.co.uk or call 020 3151 7058

Wharf Life Oct 13-27, 2021 wharf-life.com

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Property

contact Alex Neil on 020 7537 9859 or email canarywharf@alexneil.com for more about this property or similar homes on the agency’s books

park live by the

The Cascades development is located beside the Thames on the Isle Of Dogs

A selection of show home interiors at Blackwall Reach

featured property

Cascades Tower, E14 Guide: £500,000 This two-bedroom apartment is located in the Cascades And Quayside development across the road from Canary Wharf.

The accommodation features neutral decor throughout and comprises a reception room with large windows and a porthole feature, a fully-fitted modern kitchen, two double bedrooms and a private balcony as well as storage space. The development, which is within easy walking distance of Canary Wharf’s extensive amenities and transport links, boasts a swimming pool and tennis court for residents’ use as well as a concierge service. The property is being sold chain free.

Go to alexneil.com

Find out how much your home is worth with Alex Neil here The reception room has large windows that overlook a private square

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319

Affordable homes, spread across three buildings at Harbord Square

home a place to call

An interior at 30 Harbord Square

the first affordable homes at Wood Wharf – now available to move into

by Jon Massey

A

s Canary Wharf continues its transformation into a place to both live and work, the first affordable homes built as part of the Wood Wharf development are now available to tenants.

Spread over three buildings towards the eastern edge of the estate, the properties are set around newly created park Harbord Square with its expanse of carefully mown lawn and children’s playground.

The largest of the towers – 30 Harbord Square – houses 176 apartments available at discount market rent, while 50 and 65 Harbord Square contain 143 homes for those on the Tower Hamlets Housing Register and offered for rent at Tower Hamlets Standard Rent. The overall collection of 319 properties ranges in size from studios to three-beds.

Designed by architects Patel Taylor, facilities at 50 and 65 Harbord Square include 13 accessible parking spaces and 10% of properties laid out with accessibility in mind. Tenancies at these buildings are managed by Pinnacle Group on behalf of Canary Wharf Communities – an organisation set up by Canary Wharf Group to manage its portfolio of affordable housing on the estate. The first residents began moving into them in June.

Rising to 27 storeys, 30 Harbord Square on the west side of the park was designed by architects Allies & Morrison. Each home in the tower has a balcony, many with views over the Thames and Greenwich

Peninsula. When complete Wood Wharf will boast up to 3,600 homes, around 350,000sq ft of retail space including high streets and shopping arcades, a new NHS medical centre and a primary school.

The area already has an Amazon Fresh convenience store with food court and grocery business MMy London expected to open on October 30 and Italian restaurant Emilia’s Crafted Pasta launching in November.

Also in the pipeline are floating restaurants from Hawksmoor and The London Project.

All of the properties in Harbord Square are within an easy 10-minute walking distance of Canary Wharf’s extensive range of amenities as well as its Tube, DLR and Crossrail stations.

Applicants for 50 and 65 Harbord Square should apply via the Common Housing Register – Tower Hamlets Council sets the rents for these properties. You can find more information online at towerhamlets.gov.uk.

Rents at 30 Harbord Square, which is managed directly by Canary Wharf Communities, range from £1,165 per month to £1,399 per month. Eligibility criteria relating to income and connection to the borough of Tower Hamlets apply.

Those wishing to find out more about these homes and eligibility criteria should call 020 7418 2909 or scan the link below.

Scan this code to find out more about homes at 30 Harbord Square

30 Harbord Square rises to 27 storeys to the eastern edge of the Canary Wharf estate

Every home at 30 Harbord Square has a balcony

Wharf Life Oct 13-27, 2021 wharf-life.com

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Property

contact My London Home on 020 7227 0044 or email steve.sellek@mylondonhome.com for more about this property or similar homes on the agency’s books An artist’s impression of how Riverscape will look when work on the site beside Royal Wharf pier is completed in 2023

The sub-penthouse extends to more than 1,000sq ft of internal space

50 and 65 Harbord Square in Wood Wharf

featured property

The Wardian, E14 Guide: £1,500,000 Located on the 47th floor at sub-penthouse level in the West Tower at this development, this two-bedroom property boasts 1,019sq ft of internal space and a 401sq ft balcony.

The apartment, which is dual aspect and has views along the Thames to the City and Tower Bridge, includes a fitted kitchen with a marble finish, two bathrooms and comes with two underground parking spaces.

The development features a 25m heated outdoor swimming pool, residents’ gym and spa facilities and a 24-hour concierge service. It is located on the Isle Of Dogs within easy walking distance of Canary Wharf.

Go to mylondonhome.com for more

Scan this code for more info on buying this property

The property boasts views down the Thames towards the City and Tower Bridge

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Wharf Life Oct 13-27, 2021 wharf-life.com

ES IV L E NT AB CE IL IN A AV

Make Your Move With

Shared Ownership New studio, 1 & 2 bedroom apartments overlooking Canary Wharf From

£103,750 for a 25% share

Underfloor heating

24Hr Concierge service

2.6 acres of landscaped gardens

Close proximity to Crossrail

Views overlooking Canary Wharf

Excellent nearby amenities

landgah.com/sqp | 020 3925 9589 | sqp@landgah.com *Based on the price of a studio apartment of a 25% share of the full market value of £415,000.

Speak to our sales consultants for more information. Eligibility criteria and Terms and Conditions apply.

Wharf Life Oct 13-27, 2021 wharf-life.com

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BARKING | IG11 7AX

E M Y HO IL W A O ND SH PE O

The new heart of Barking A collection of 1, 2 & 3 bedroom apartments, all with their own private balcony or terrace, in this beautifully designed urban village fronting the River Roding.

With its tree-lined avenues and stunning vistas, Abbey Quay combines modern living with on-site shops, cafés, restaurants and welcoming communal spaces.

IF YOU LIVE OR WORK IN BARKING YOU COULD SAVE 20% ON A NEW HOME* PRICES FROM £327,000 OR £257,000 WITH DISCOUNT MARKET SALE 0203 793 2585 | WESTON-HOMES.COM *Discount Market Sale terms, conditions and eligibility criteria apply.

The stated price reflects the 20% saving.

CGI indicative only. Interior images are of the show apartment

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Wharf Life Oct 13-27, 2021 wharf-life.com

Principal Tower, EC2A

Ropemakers Fields, E14

Admirals Court, SE1

£1,800,000

£1,500,000+

£1,450,000

Two Bedrooms Private terrace Residents benefits

Apartment Open Plan Superb Views

Four Bedrooms Double Garage Large Terrace

Town House 3 and 1/2 Bathrooms Catchment Area

Two Bedrooms Luxurious Living Iconic Location

Alaska Building, SE1

Lion Mills Estate, E2

Chandlers Mews, E14

£1,000,000

£POA

£875,000+

Two Bedrooms Chain Free Concierge Service

Penthouse Gated Development Iconic Development

Development Great Opportunity Chain Free

Development Large Size Communal Gardens

Three Bedrooms Riverside Location Gym & Pool

Lee Conservancy Road, E9

City Tower, E14

Dundee Wharf, E14

£825,000+

£575,000

£525,000

Four Bedrooms Fantastic Location Superb Views

Town House Large Garden Chain Free

Two Bedrooms Two Balconies Transport Links

How much is your property worth?

London, Kent & Essex | 020 3941 9966

Apartment Concierge Service Chain Free

One Bedroom Stunning Views Concierge service

Duplex Apartment Stunning Views Private Balcony

Terraced House Underground Parking Chain Free

Apartment Two Balconies Underground Parking

If you are thinking of moving then please call to arrange a free, no obligation valuation of your property

alexneil.com

Wharf Life Oct 13-27, 2021 wharf-life.com

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AN ISLAND NEIGHBOURHOOD IN THE HEART OF EAST LONDON

GET INSPIRED AT GOODLUCK HOPE N E W S H O W A P A R T M E N T U N V E I L I N G O N S AT U R D AY 2 3 RD O C T O B E R A stunning collection of spectacular one and two

The development also has a wealth of amenities

bedroom apartments available to purchase with

for well-being, enjoyment and relaxation, perfect

Shared Ownership from £113,750 for a 25% share.

for those seeking stylish living, including:

Are you looking for a stylish interior for your new home? To help transform your space, reserve a new apartment before the end of November and have a £1,000 furnishings voucher on us!* Convenient travel links with routes from nearby Canning Town DLR and Underground, connecting

Private Pool

24/7 Concierge

Gym Facilities

Private Cinema

to Canary Wharf and the City in under 20 minutes.

nhgsales.com Book your appointment today

0203 944 0405 / nhgsales.com HOME OWNERSHIP STARTS WITH US Notting Hill Genesis terms and conditions apply. Shared Ownership affordability and eligibility criteria apply. Price illustration is based on the share value, not the full market value of the homes advertised. Image used for illustrative purposes only and includes upgrades at additional cost. *Terms and conditions apply, contact our team for details. Offer is a £1,000 Hatch Interiors voucher payable upon date of completion. To find out more about what furnishings can be purchased please ask the sales team. Subject to availability. Reservation fee must be paid before/on 30/11/2021. Sale must exchange within 28 days and complete by the deadline set by Notting Hill Genesis for the offer to be honoured. No cash alternative. Offer may be removed or changed at any time. Not in conjunction with any other offer and available on selected apartments only. Travel time taken from tfl.gov.uk and is approximate only. Prices correct at time of publication October 2021.

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Wharf Life Oct 13-27, 2021 wharf-life.com

THE UK’s

FREE ADMISSION

NUMBER ONE BUY-TO-LET PROPERTY SHOW

N I L G L SG I B

D

A

OL

TE

LONDON T U E S D AY 2 6 O C T O B E R 2 0 2 1 Interested in property or buy-to-let investment?

The National Landlord Investment Show is the UK’s leading landlord & property investment exhibition. Our shows connect Thousands of property professionals throughout the UK and are a beacon for anyone with an interest in buy-to-let or the private rented sector. Join our one day event at Old Billingsgate to find investment opportunities, tax advice, legal help, finance, insurance & proptech, plus helpful products & services galore. We have expert seminars from the cream of the property sector and panel sessions which include the impact of Covid & Brexit on the UK property market (chaired by Andrew Neil), plus the hugely popular Property Summits & Property Elevator LIVE! There’s no time like now to get involved.

Learn more and reserve your FREE show tickets at www.landlordinvestmentshow.co.uk S P O N S O R E D

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Sept13-27, 29-Oct2021 13, 2021 wharf-life.com Wharf Life Oct wharf-life.com

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Property

8

Years since the National Landlord Investment Show was founded in 2013

Book your free tickets now

showtime to the National Landlord Investment Show

getting ready for

the National Landlord Investment Show – the UK’s biggest property show – is set to return to London at Old Billingsgate on October 26 and the best thing, it’s free to attend advertising feature

T

he show is back and we are delighted to be returning to Old Billingsgate, London ridge for our first live event in nearly two years. Not only is this our return post ovid but also mar s our st live show since our inception in 2013. The National andlord nvestment how is the s leading landlord and property investment exhibition.

Our shows connect Thousands of property professionals throughout the and are a beacon for anyone with an interest in buy to let or the private rented sector. e offer the opportunity to meet exhibitors and discuss your needs, browse the superb products and services on offer, networ and watch excellent seminars by leading industry experts. e are delighted to have exhibitors covering every aspect of buy to let including egal Advice, inance uppliers, nvestment pportunities, Insurance, Tax Experts, Property Management, Education and entoring, atest roptech, urnishings/Decor and myriad other helpful services, all under one roof. ou ll find such an extensive spread of exhibitors at the show and with the property mar et remaining buoyant, there s no time li e now to get involved. ts very easy to get to. The new London Venue which is the exceptional ld illingsgate, located riverside of ondon ridge. The venue is extremely

impressive and will bring much to the event including fantastic train and Tube lines directly into London Bridge and city Tube stations, which are all within walking distance. ver exhibitors will be on hand for you to meet, network and do business with, in addition the show boasts over expert spea ers and has added three unique and unmissable features including: UK largest panel debate The impact of Covid and Brexit on the UK property market, hosted by broadcaster Andrew Neil This is s largest panel debate, the auditorium will seat 300 landlords and will be chaired by the political Andrew Neil, the panel members include the NRLA, Chris Bailey from Less Tax for andlords, avid mith, conomics ditor from The unday Times, others will be announced shortly.

Property Elevator We are delighted Property Elevator is joining us live at Old Billingsgate. Chaired

by John Howard, the Property Elevator Angels will be considering pitches from budding property developers who want the chance to partner with seasoned property professionals roperty levator panel includes, John Howard (Chair Angel), Helen Chorley, Property Expert, Nicholas Wallwork, Property Expert and CEO of roperty orum, aul ahoney, ounder and of ova inancial Group and Ranjan Bhattacharya, Property Expert.

Property Summits presents Property Development vs Rental – Risk and Reward, chaired by Tracey Hanbury Chaired Tracey haired by co-founder how ounder, Tracey Hanbury, roperty ummits brings together five of the most respected, highly skilled and experienced names in the property industry. ombining a staggering years of experience in property investment, development, finance, tax and succession planning. This panel will discuss and contrast the benefits and ris s associated with developing property versus buying buying to let property, Co-founder Tracey Hanbury commented: “We are absolutely thrilled to be staging live shows again. e had fantastic success with our digital events during loc down, however the property sector thrives on face to face interactions. interactions.”

“Our Manchester show on October th will mar our th live exhibition since our inception in 2013. As always it is a great pleasure to have the Manchester Chamber of Commerce support the show and take a stand on the day.

The next National Landlord Registrations are flying in, which Investment show takes place on shows a huge appetite for live shows Oct 26 Old Billingsgate again.

Weat cannot wait to see you in person in October”

diary date

26 -10 - 21 Scan this code for more about the National Landlord Investment Show

Main sponsor, Paul Mahoney, CEO from ova inancial comments e have exhibited at all the live shows since 2013 and also sponsored the online events during the pandemic and am delighted to say the shows have gone from strength to strength. e have increased our presence at all events and are delighted to be ain Sponsor ponsor for the upcoming London anchester show. and London shows.

These events are unmissable for any landlord, me and my team cannot wait to be part of the events again and to meet you once again face to face.

H ollection s Reece ennie adds Having exhibited at the ational andlord nvestment hows over the last few years both in person, and online, it was routine that we would be returning for the ctober events.

“The team are looking forward to attending live events again, and what better way to network with like-minded year s fantastic anchester individuals at this year’s and ondon events.

London event. e find the events a great way to present our companies in a professional manner, whilst building up our brand and getting in front of potential clients to ma e them aware of our services and how we can help them. e can t want to get going again next month.” l Registration is totally R so please go to landlordinvestmentshow.co.u to get your tickets to the hottest and biggest andlord and roperty nvestment how at ld illingsgate on October 26.

Wharf Life Oct 13-27, 2021 wharf-life.com

where would you like your brand to be seen

delivering to Docklands

15,000 copies every issue

Image by Victor Huang

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Wharf Life Oct 13-27, 2021 wharf-life.com

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---

Discover Parkside West, contemporary apartments in a dream central London location set around the immersive space of Millenium Green.

A perfect combination rarely available in London.

..

PRICES FROM 1 beds from £461,500 I 2 beds from £568,000

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Wharf Life Oct 13-27, 2021 wharf-life.com

THIS WEEK'S HOT PROPERTIES

MILLENIUM HARBOUR, E14

£1,950,000

3

2

A truly unique, three-bedroom, duplex penthouse apartment with a mezzanine level 'library' positioned on the top 2 floors of the Vanguard Building.

EPC 78 | C

NEW CAPITAL QUAY, SE10

£475,000

2

DOLLAR BAY POINT, E14

1

2

£900,000

Bright and spacious corner apartment set on the 4th floor of Canary View at the exceptionally popular New Capital Quay development.

EPC 83| B

1

This property has a large open plan kitchen/ living area and winter garden with views to the O2 arena and River Thames.

EPC 83 | B

THE WARDIAN, E14

£1,500,000

2

1

Set on the 47th floor at a sub-penthouse level in the West Tower, this incredible offering has the most sought-after dual aspect facing to the South West.

This apartment portrays the most stunning views along the Thames River, over Tower Bridge towards the City and every major landmark along with receiving unobstructed sunlight all year round.

The property also includes two, yes two, underground parking spaces and stretches over an expansive 1019 Sq Ft internally and in addition the 401 Sq Ft garden balcony.

EPC 87 | B

JOHNNY ANDREWS HOUSE, E1

£300,000

1

1

Johnny Andrews House is excellently located just off of Commercial Road in E1, which links Canary Wharf through Limehouse to The City. EPC 80 | B

STAINSBY ROAD, E14

£500,000

2

2

This apartment has an East facing terrace with views over Bartlett Park. This is exactly the sort of space that has been so sought after over the last year. EPC 83| B

NEW CAPITAL QUAY

£825,000

2

The property was originally a 3 bed apartment converted now in to a very large, luxury 2 bed with some of the most stunning views. EPC 85 | B

LOOKING TO SELL YOUR PROPERTY IN LONDON? CALL US NOW FOR A FREE MARKET APPRAISAL ON 020 7227 0044

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CALL OUR CANARY WHARF OFFICE NOW ON

020 7227 0044

BEAUFORT COURT, SOUTH QUAY, CANARY WHARF, E14 9XL

MYLONDONHOME CANARY WHARF MyLondonHome’s Canary Wharf branch is one of the leading Estate Agents in the area. We pride ourselves in delivering results for our clients and continually embracing change to develop and grow even in the toughest of markets.

Are you thinking of selling your property? Speak to our friendly proactive team who have extensive experience with both off-plan new builds and built properties.

Call us now for a free, no-obligation market appraisal of your property!

CALL 020 7227 0044

GOODMANS FIELDS, E1

£950,000

2

3

10 PARK DRIVE

£650,000

1

1

HERITAGE TOWER, E14

£775,000

2

2

This stunning apartment comprises a bright and spacious living/kitchen area with access to one of 2 balconies.

A huge 653 sq ft, one-bedroom apartment on the 3rd floor with a West aspect balcony with views over the landscaped gardens.

EPC 86| B

Laid out over a very generous 921 SqFt this bright and spacious apartment offers a huge living and entertaining space.

EPC 86| B

BARRIER POINT ROAD, E16

GREENLAND PLACE, SE8

CABLE & ROPER, SE10

£550,000

2

2

A huge 980 sq ft apartment that has been beautifully renovated and boasts views towards River Thames Barrier.

£335,000

1

A well-presented and proportioned modern studio apartment situated in the popular Greenland Place development by Barratt Homes. EPC 84 | B

1

£425,000

1

1

The apartment offers a dual aspect across the vast, leafy greenspaces O2 Arena and City skylines.

EPC 84 | B

FIND MORE PROPERTIES AT WWW.MYLONDONHOME.COM

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Wharf Life Oct 13-27, 2021 wharf-life.com

Canary Wharf

PROPERTY MARKET NEWS www.docklandspropertyblog.com

Hello

I started my property career working for an independent estate agent in the Wapping area. Since 1994 I have been based in and around East London. I started my own company in 1995 and it has grown from humble beginnings to become a well respected sales, lettings and property management agency operating in the Docklands and East London areas. Then in 2007, I opened my first branch in the Medway area. I am proud that we now have three branches in Kent.

My operation is set to expand in 2020 and beyond.

I am a long term member of both the NAEA and ARLA and a former Regional Representative for the latter. As the owner of a growing residential and commercial property portfolio, I understand well the trials and tribulations that property owners go through. I have well over 20 years experience of regenerative Dock’s areas and specialise in new development reporting.

I am happy to advise you on all aspects of property. So, if you are looking at your first buy-to-let (even if it is with another agency), or have trouble with a tenant, feel free to contact me. I offer honest and impartial advice.

Spencer Fortag

October 2021

Docklands Buy-to-Let Market on the Rise as Returns Rise by 19.5% in 5 Years.

D ocklands landlords are becoming progressively more self-assured about expanding their rental portfolios; as Docklands rents rise, mortgage interest rates fall and demand for decent Docklands rental properties outstrips supply.

A number of reports nationally would suggest around a third of UK ‘portfolio’ landlords (i.e. landlords with more than one rental property) are actively looking to expand their rental portfolios in the next 12 to 18 months, that would locally mean …

1,671 Docklands ‘portfolio’ landlords are looking to add to their rental portfolio by the end of 2022.

The pandemic has had a substantial change to what we want from a home. Many people think that relates just to homeowners, yet nothing could be further from the truth as it also applies to tenants.

Homeowner or tenant, many of us have spent a lot of time away from places of work. Many office workers face the outlook of the combination of working from home as well as at the office, meaning a change in what people look for in their home. People (including tenants) are looking for larger properties, with extra rooms for office space and decent sized gardens or to be closer to outside green space.

So, let’s look at the ‘scores on the doors’ as to why Docklands landlords are on the up …

Docklands house prices are 5.6% higher than 5 years ago.

Because some Docklands first-time buyers are being priced out of the market due to these house price rises, they are being forced back into the rental market. Add the extra demand of the 1 in 10 Docklands house sellers who, in the last 12 months, have had to go into rented accommodation instead of buying, and this has created increased demand, meaning …

Rents today in Docklands are 4.1% higher than a year ago and 13.9% higher than 5 years ago.

The average rent of a Docklands property today is £2,368 pcm.

In previous articles on the Docklands property market, I was talking about the lack of properties to buy – yet that issue is also there in the British rental property market. Now let’s look at the supply of rental properties.

Would it surprise you that the number of private rented homes in the UK has fallen in the last 12 months by just over 2.5%?

Why? One reason has been many ‘accidental’ landlords have used this housing market to sell their property for a good price.

That means the supply of available rental properties has decreased. The perfect storm of increased demand and lower supply, and with many Docklands tenants competing for those larger Docklands homes, they may find Docklands rental prices pick up even more over the next year.

Continued on page 2

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Continued from page 1

What about buy-to-let mortgages for Docklands landlords?

The banks all but withdrew from buy-to-let lending in the first lockdown. Yet, since last summer things have settled down and during 2021 there has been a mortgage price war.

Docklands landlords can borrow 60% of the value of their BTL property on a two-year fixed rate of 1.18% from Platform and even those with a 20% deposit (that’s borrowing 80%) can borrow that money at 2.49% 2-year fixed rate from The Mortgage Works. Those looking to fix for a little longer can get 1.44% from The Mortgage Works and 1.79% at 75% loan to value from Santander.

(It must be noted there are some fees to these mortgages, and you must take advice from a qualified mortgage advisor before deciding which mortgage is best for you).

So, is now the best time to invest in Docklands buy-to-let property?

If you are attracted to invest in Docklands buy-to-let, it’s vital to do your homework first – particularly if you are new to the game.

When estimating the expected rental returns on investment, capital growth and yields, many Docklands landlords look to what has happened with house prices and rental prices, yet past performance does not always deliver a future guaranteed return.

Smart Docklands landlords will speak with agents like myself and others in Docklands, prudently researching the Docklands property market to discover what types of properties are in high demand (and short supply) from tenants.

Whether you are a landlord of ours or not, please feel free to drop me a line via email or social media for no nonsense advice on the important matters to look out for before investing in Docklands buy-to-let.

One place for more information is my Docklands Property Market blog. If you are a landlord or thinking of becoming one for the first time, and you want to read more articles like this about the Docklands property market together with regular postings on what I consider the best buy to let deals in the Docklands area, then it is well worth reading. You can also email via spencer@lmlondon.com If you are in the area feel free to pop into the office which is based at Landmark Estates, 264 Westferry Road, London, E14 3AG

Why Are More Docklands OAP Homeowners Deciding Not to Move Home?

A recent report by Legal & General stated that since the pandemic, many older homeowners had put their plans to move home ‘on ice’. It said that fewer OAP homeowners are planning to downsize from their large family homes after the pandemic made them realise the actual value of their local community and space.

Historically, many OAPs move home to another part of the country to live near their grown-up children. Yet the pandemic has shown that OAPs can live quite well locally without moving to a strange new town to live near their children. The support networks of their friends in their existing community has emphasised the significance and importance of...

SCAN ME TO READ THIS FULL ARTICLE AT... www.docklandspropertyblog.com

For more Dockside Property News check out www.docklandspropertyblog.com

Would you like to know how much your property is worth without having to speak to a pesky estate agent?

We are offering a FREE and INSTANT online valuation service. Simply visit: Https://valuation.lmlondon.com enter your address and hey presto, a current rental and sales valuation.

Spencer Fortag Sales Director

T: 020 7515 0800

www.lmlondon.com www.facebook.com/LandmarkEstates/ www.twitter.com/Landmark_E14 www.linkedin.com/in/dockside-property-services-88b45339/

For your free Docklands property reports visit: www.docklandspropertyblog.com

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Wharf Life Oct 13-27, 2021 wharf-life.com

NARROW STREET, E14

VICTORY PLACE, E14

£1,999,995 FREEHOLD

GUIDE PRICE

A stunning, rarely available three-bedroom Grade II listed freehold house, built in 1878. Situated in the exclusive area ten minute’s walk from Canary Wharf.

020 3930 4069

Spread across the top two floors of this marina facing building is this vast 2,000 sqft penthouse apartment with c. 900sqft roof terrace space. EPC C

CANARYWHARF@HAMPTONS.CO.UK

020 3930 4069

SOUTH QUAY SQUARE, E14 GUIDE PRICE

CANARYWHARF@HAMPTONS.CO.UK

BROADWALK PLACE, E14

£1,100,000 LEASEHOLD

£775,000 LEASEHOLD

A stunning three-bedroom 1,550 sqft modern apartment is located within the prestigious and ever-popular Discovery Dock development. EPC D 020 3930 4069

£1,500,000 LEASEHOLD

CANARYWHARF@HAMPTONS.CO.UK

Measuring in excess of 1000 sqft, an immaculate, three bedroom Share of Freehold penthouse apartment has undergone significant refurbishment. EPC D 020 3930 4069

CANARYWHARF@HAMPTONS.CO.UK

WESTDOWN ROAD, E15

NEW VILLAGE AVENUE, E14

A well proportioned five bedroom family home spread over three floors.

Boasting three bathrooms, a large cellar and a patio garden. EPC C

An imaculate, 2017-build modern two bedroom apartment overlooking the quiet communal gardens of the popular Aberfeldy Village development. EPC E

£635,000 FREEHOLD

020 3930 4069

CANARYWHARF@HAMPTONS.CO.UK

£535,000 LEASEHOLD

020 3930 4069

CANARYWHARF@HAMPTONS.CO.UK

HAMPTONS.CO.UK

3335 HAM Wharf Life 13TH OCT 2021 268x340 v2.indd 1

11/10/2021 19:15

Wharf Life Oct 13-27, 2021 wharf-life.com

Me: enjoying spaghetti alle vongole.

Whilst fixing my tenants’ leaky shower in Caterham.

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GIVES YOU MORE POTENTIAL BUYERS, WHICH MEANS A BETTER PRICE FOR YOU. Call Felicity J Lord Canary Wharf on 020 7987 6776 or visit fjlord.co.uk/flink to learn more.

Wharf Life Oct 13-27, 2021 wharf-life.com

Estate Agents - Professional Services - Classifieds

Properties throughout Docklands, South and East London 4"-&4 t -&55*/(4 t 1301&35: ."/"(&.&/5

Advertise on this page

Call us now for a free, no obligation valuation 020 7515 0800 www.lmlondon.com REQUEST A valuation@lmlondon.com VALUATION

SALES & NEW HOMES

Call 020 7293 2247 Email wharfads@trinitymirror.com

mylondonhome.com

canarywharf@mylondonhome.com

CALL 020 7227 0044

Fast, affordable, conveyancing services Call our team on 020 7205 4021 or email cmiller@kiddrapinet.co.uk, ypatel@kiddrapinet.co.uk or mzvarykina@kiddrapinet.co.uk

kiddrapinet.co.uk

The market is moving, isn’t it time you did?

Call 020 3941 9966 for a free valuation YACHT FOR SALE

be part of the Canary Wharf conversation To advertise here call 07944 000 144 or email jess.maddison@wharf-life.com

IMPROVE YOUR HOME

The New Yorker

THERAPY

BACP-registered counsellor, providing space for people who wish to explore fundamental issues. Sessions at One Canada Square.

07831 572050

www.dermotcox.com

Guide: £235,000 This is a unique opportunity to acquire a rare and desirable 1927 New York Commuter with a long and fascinating history. This 66ft craft, currently lying in the River Medway, was built by Tams & King for banker and golfer Patrick Grant II and was subsequently owned by Ralph Pulitzer, eldest son of newspaper magnate Joseph Purlitzer. The New Yorker has two bedrooms, one en suite and a secure mooring at Rochester within easy access of London and boasts beautiful views over the water and adjacent fields.

Contact David on 07766 300 929 or email lollipoppublishinguk@gmail.com for more information or to arrange a viewing

Scan this code for full details

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RENT AN ICON APARTMENTS TO RENT IN CANARY WHARF THISISVE RTUS.COM

VIEW. RESE RVE . MOVE IN.

VIEW FROM LE VEL 39 AT NEWFOU NDL AND. COMPUTER GENER ATED IMAGE, INDICATIVE ONLY.

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Wharf Life Oct 13-27, 2021 wharf-life.com