London Homes & Property (East) April 2011 by Runwild Media Group

LONDON Homes&

PROPERTY Showcasing the finest homes in your area

C o v e r i n g CANARY WHARF, D OC K L AN D S , WA P P ING & T h e C i t y

Courtesy of Moghul www.moghulinteriors.com

Welcome note...

pring has finally arrived, the sun is starting to sparkle through the clouds, weddings and holidays are on the horizon and bright colours are finally starting to creep into the fashion stores. This time of the year is key for property, and no doubt if you’re thinking of moving or looking for a new home things will be stepping up a gear. Make a beeline, then, for our New Homes section, which features a gorgeous development in the Docklands. The ambitious Streamlight development not only has excellent celeb backing – with Sadie Frost being responsible for the kitchens of the striking penthouses – but has great social housing aspirations to boot. Streamlight, which boasts stunning views across the Thames, offers a range of properties from one bedroom flats to stunning penthouses,

all which would make a great investment for buyers looking for the ease and fun of a lively city lifestyle. As usual, we’ve also got the latest local area information, including new building developments, transport news, property latest, updates on the market, expert comment and insight and advice on mortgages. Canary Wharf remains one of the most dynamic and exciting areas to buy in the capital, offering ease of access to the financial district, as well as a wealth of shops and entertainment. The number of new developments are likely to bring a whole new level of dramatic regeneration to the area as well. Happy hunting...!

contents 126

158 living local

126 Area News 140 Hot Property

new homes

156 Property Latest 158 Development Focus 162 State of the Market

living local

areanews By Ben West

New rail link for East London The new London Overground rail link that opened three months ahead of schedule in early March will make a huge difference to transport options in East London. The £50m 1.3 mile section of track extending the East London Line northwards from Dalston Junction to Highbury and Islington brings the ‘rail version of the M25’ a step nearer. Canary Wharf residents and workers - as well as Arsenal fans heading for the Emirates Stadium, and Olympics spectators next year - will find it much easier to connect with the Victoria line and national rail. The orbital railway around London is scheduled to be completed next year when the East London Line is extended from Clapham Junction to Surrey Quays. Such changes make journeys to different areas of London easier and easier - such as from southeast to south-west - and increasingly without the need to travel to central London to do so. These improvements will also be a great help to those travelling into the capital from its outer fringes. East London has enjoyed massive investment in

Transport latest… A late evening Thames Clipper riverboat service will return from 1 April following the launch of a new timetable. The two additional hourly services after 9pm will stop at all piers on the service. The late westbound services will leave North Greenwich pier at 9.20pm and 10.20pm, while the eastbound services will leave Embankment pier at 10.08pm and 11.08pm. Some passengers criticised the decision taken last year to cancel late evening services as they used it to travel home from work and evening entertainment in central London. The Thames Clipper services are being improved in other ways too, including Costa Coffee and Wi-Fi installed on board, and a free iPhone app.

public transport in the last couple of decades or so, with such gargantuan projects as the extension of the Jubilee line opening in 1999, the launch of the Docklands Light Railway in 1987, and ongoing extension of the Overground network. Despite only opening in 1987 and having just one short take off and landing runway, little London City Airport, situated just three miles from Canary Wharf and six miles from the City of London, has become the 15th busiest in the UK. Permission has recently been given for the annual number of flight movements at

First Olympic venue ready Four-time Olympic champion Sir Chris Hoy, fellow Beijing winners Victoria Pendleton and Jason Kenny plus a British team aiming for London 2012 success have ridden on the finished London 2012 Siberian pine cycle track for the first time. The 6,000-seat velodrome, costing around £93m, has a striking sweeping roof designed to reflect the curve of the cycling track. The track took a team of 26 carpenters eight weeks to install. Britain did very well in cycling at Beijing, winning eight cycling golds, so there are high hopes for 2012.

Did you know? In 1620 Docklands was the point of departure for the Mayflower, which took the Pilgrims to America.

the airport to increase to 120,000. Despite the global economic slowdown, the breathtaking investment in transport in the region continues. Currently under construction is the extension of the Docklands Light Railway to Stratford International, adding new stations and linking the Docklands area with domestic and international highspeed services on High Speed 1 (the Channel Tunnel Rail Link) as well as the Olympic site. If that wasn’t enough, Europe’s biggest infrastructure project, Crossrail, running 118km from East to West London,

is scheduled for completion in 2017. Initiatives like these boost East London immeasurably. As well as greatly easing access into and out of the locality, crucial factors like the area’s status, property values and job opportunities all shoot up, making the place an increasingly attractive place to live and work. That significant investment in this corner of the capital continues where cutbacks are being made in so many other areas and sectors around the UK makes it even more remarkable.

Canning Town regeneration Countryside Properties, working in partnership with Newham Council and affordable housing provider Affinity Sutton, is set to go ahead with the award winning Fife Road development which is part of the £3.7bn Canning Town and Custom House regeneration programme. The start comes with the initial delivery of 139 homes, of which more than 30 per cent will be affordable, as part of the first phase of the development. A total of 649 homes, for private sale and affordable rent, and a new school will be delivered once the entire development is complete. Countryside believes that Newham has great potential for future growth. It is very well-connected to both the centre of London and Docklands by road, rail and tube, and the Olympics in 2012 will create many employment opportunities.

The development has secured £4.22m funding from the Homes and Communities Agency and London Borough of Newham will provide funding to facilitate the building of the new Keir Hardie School. Ten per cent of homes are suitable for disabled people, and a mixture of affordable homes are ‘pepper potted’ throughout the development to provide genuinely mixed communities and socially sustainable regeneration of the area. Contributing to this is a broad range of different home types ranging from one and two bedroom apartments up to three and four bedroom maisonettes and houses for larger families. Main building works begin in June, with the first phase completed in 2013.

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KnightFrank

Medland House, London E14

Rare Three Bedroom Apartment in Limehouse Located in one of Limehouses most popular developments is this second floor, three bedroom apartment. The apartment benefits from side views to Limehouse basin. Leasehold ÂŁ535,000 Leasehold

Canary Wharf Sales KnightFrank.co.uk cwharf@knightfrank.com 020 7512 9966

KnightFrank

Langbourne Place, London E14

Spacious Penthouse overlooking the River Thames An excellent penthouse apartment situated over the 5th and 6th floors of a modern riverside development. Extending to over 1600 sq ft, the property benefits from two balconies giving fantastic views of both the river and Canary Wharf. Share of Freehold ÂŁ750,000

Canary Wharf Sales KnightFrank.co.uk cwharf@knightfrank.com 020 7512 9966

KnightFrank

St. Davids Square, London E14

Boardwalk Place, London E14

We are delighted to offer this one bedroom apartment which has a modern feel with reception area, fitted kitchen, one bedroom and one bathroom. It also has the superb feature of having both gym and swimming pool which is a rarity within the Canary Wharf area.

This immaculately presented two bedroom apartment is situated within Boardwalk Place with views toward the harbour. Daily porterage, underground protected parking for two vehicles and with the Wharf just a few minutes walk away this apartment should not be overlooked.

£300 per week

£450 per week

KnightFrank.co.uk 020 7512 9955 cwharf@knightfrank.com

Coral Apartments, Royal Docks, E16

Landmark East Tower, London E14

A simply stunning two bedroom two bathroom apartment with fantastic views of the Royal Docks, Canary Wharf and the London skyline. Presented and furnished immaculately this property offers great accommodation for anyone looking for quality with excellent transport links into Canary Wharf or the City.

We are pleased to offer this two bedroom apartment found within the brand new Landmark Tower. The block is conveniently located within walking distance of Canary Wharf and Canary Wharf Jubilee Line tube station is close by. This development also includes a 24 hour concierge and a fully equipped gym.

£495 per week

£575 per week

KnightFrank.co.uk 020 7512 9955 cwharf@knightfrank.com

KnightFrank

Port East Apartments, London E14

Ontario Tower, London E14

We are delighted to offer this two bedroom furnished apartment within this Grade I Listed building of Port East. This apartment is full of character, exposed brick, wood beams and solid oak wood flooring all running through this property.

We are proud to offer this rare opportunity to rent this three bedroom apartment. The block is conveniently located within easy reach of Blackwall DLR so access into Canary Wharf/Bank can be achieved very easily, with Canary Wharf Jubilee Line tube station close by, a destination in central London can be reached within a short space of time.

£595 per week

£1600 per week

KnightFrank.co.uk 020 7512 9955 cwharf@knightfrank.com

Discovery Dock East, London E14

Westcombe Park Road, Greenwich, London SE3

This two bedroom apartment is approximately 800sqft and is extremely bright and airy. In brief the accommodation comprises of a spacious reception area with room for dining and entertaining and offers views of Canary Wharf and The O2 via a wrap around terrace.

We are delighted to offer this lower ground floor apartment closely located to Greenwich Park. This apartment has been tastefully refurbished throughout and benefits from solid oak flooring, a contemporary kitchen, a large living room and two immaculate bathrooms. This charming property also has access to a landscaped front garden.

£550 per week

£675 per week

KnightFrank.co.uk 020 7512 9955 cwharf@knightfrank.com

KnightFrank

Osprey Court, St Katharine Docks, E1W

Newell Street, Limehouse, E14

Situated in City Quay, a highly regarded development set around St Katharine’s Dock, a good sized 2 bedroom flat finished to a high standard. Reception room, separate kitchen, 2 bathrooms, garage parking space, 24 hour porterage. 98 sq m (1055 q ft)

Situated in the St Anne’s Limehouse conservation area, a charming 3/4 bedroom Grade II listed house with 74’ garden backing onto the churchyard. The house retains many original period features and has been carefully renovated. 161 sq m (1737 sq ft)

Leasehold 981 years

Freehold

Guide Price: £925,000

Guide Price: £795,000

KnightFrank.co.uk/Wapping 020 7480 6848 wapping@knightfrank.com

Telfords Yard, Wapping, E1W With an open outlook, on the second floor of a substantial building set around a pretty cobbled courtyard. Reception room, kitchen, master bedroom & en suite shower room, second bedroom, bathroom, gas CH, parking space, lift, porterage 117 sq m (1267 sq ft) Share of Freehold

Trafalgar Court, Wapping E1W On the first floor of a popular purpose built block set around delightful planted garden areas, a charming flat which has been upgraded from the original specification. Kitchen, en suite shower, bathroom, balcony, parking. 82 sq m (890 sq ft) Share of Freehold

Guide Price: £595,000

Guide Price: £575,000

KnightFrank.co.uk/Wapping 020 7480 6848 wapping@knightfrank.com

KnightFrank

Telfords Yard, The Highway, Wapping, E1W

New Crane Wharf, New Crane Place, E1W

With a splendid part double height reception room rising to the pitch of the roof and an extensive galleried study, a two double bedroom apartment with a terrace on both it’s east and west sides. As well as the upstairs gallery there are two rooms, one for storage and one with a skylight window which could be used as another bedroom/study.

Large two double bedroom two bathroom apartment set in this popular 24 hour portered development on Wapping High Street. This spacious top floor flat has a large L shaped reception room, fully fitted kitchen, two spacious double bedrooms, two bathrooms (one en-suite), parking and a huge stylish roof terrace with views down Wapping High St.

£700 per week

£575 per week

KnightFrank.co.uk/lettings 020 7480 6848 wapping@knightfrank.com

Sugar House, City Quarter, London, E1

Orient Wharf, Wapping High Street, E1W

Stylish and spacious one bedroom apartment in the popular 24 hour portered development. This large one bedroom flat has been finished to a high standard offering a beautiful bathroom suite with separate shower and an interior designed furniture package. Tower Hill and Aldgate stations are a short walk and moments from the center of the City.

Smart refurbished one bedroom 3rd floor apartment set in west Wapping. This bright apartment has a newly fitted kitchen and bathroom, wooden floors and is available furnished. Located with easy access to St Katharine’s Dock, Tower Hill and Waitrose supermarket.

£425 per week

£350 per week

KnightFrank.co.uk/lettings 020 7480 6848 wapping@knightfrank.com

KnightFrank

NEO Bankside, Holland St, Southbank, SE1 The most exciting waterfront in the world Predicted to become one of the most desirable addresses in the world- the first phase of the new NEO Bankside development designed by the international, award-winning architects Rogers Stirk Harbour + Partners- offers stunning, state of the art accommodation. These amazing apartments offer contemporary living space, floor to ceiling windows that lead out to a winter garden and high specification fittings. NEO bankside is complete with a 24 concierge service and has future plans for a residentâ&#x20AC;&#x2122;s gym, day spa and a variety of shops and restaurants to be developed. Available now From ÂŁ700 per week

KnightFrank.co.uk/lettings wapping@knightfrank.com 020 7480 6848

savills.co.uk

The Wheelhouse, E14 Reception room u kitchen u 2 bedrooms u 2 bathrooms (1 en suite) u dining area u balcony u parking u gym u swimming pool u 24 hr concierge

Capital East Apartments, E16 Savills Canary Wharf 4 Westferry Circus, E14 4HD

canarywharf@savills.com

020 7531 2500

Reception room u kitchen u 3 bedrooms u 2 bathrooms (1 en suite bathroom) u terrace u parking space u concierge

Savills Canary Wharf 4 Westferry Circus, E14 4HD

canarywharf@savills.com

020 7531 2500

Asking Price £485,000 Share of Freehold

Asking Price £650,000 Leasehold

Port East Apartments, E14

Reception room u kitchen/dining room u 2 double bedrooms u 2 bathrooms u balcony u parking space u 24 hr concierge

Reception/Dining Room u Reception room u kitchen/dining room u 3 double bedrooms u 3 bathrooms (2 en suite) u parking space u 24 hr concierge

Savills Canary Wharf 4 Westferry Circus, E14 4HD

canarywharf@savills.com

020 7531 2500

Asking Price £780,000 Share of Freehold

Asking Price £925,000 Leasehold

Savills Canary Wharf 4 Westferry Circus, E14 4HD

canarywharf@savills.com

020 7531 2500

savills.co.uk

Old Theatre Court, SE1

St. John’s court, E1W

Reception room u bedroom u kitchen u bathroom u Juliette balcony

Reception/dining room u kitchen u 2 bedrooms (master bedroom with en suite shower room) u bathroom u off street parking.

Savills Docklands 80 Wapping High Street, E1W 2NE

docklands@savills.com

020 7456 6800 Asking Price £379,995 Leasehold

Asking Price £470,000 Leasehold

Clave Street, E1W

St. John’s wharf, E1W

Reception room u kitchen u 3 bedrooms u 3 bathrooms u patio/garden u garage u additional parking space

Asking Price £699,999 Freehold

Savills Docklands 80 Wapping High Street, E1W 2NE

docklands@savills.com

020 7456 6800

Reception room u kitchen u 3 bedrooms u 2 bathrooms u balcony u porter u secure u allocated parking

Savills Docklands 80 Wapping High Street, E1W 2NE

docklands@savills.com

020 7456 6800

Savills Docklands 80 Wapping High Street, E1W 2NE

docklands@savills.com

020 7456 6800

Asking Price £1.3 million Share of Freehold

savills.co.uk

CUMBERLAND MILLS, E14 2 bedrooms u 2 bathrooms (1 en suite) u 2 private terraces u private parking u porterage

PORT EAST APARTMENTS, E16 Savills Canary Wharf 4 Westferry Circus, E14 4HD

canarywharf@savills.com

020 7531 2500

2 bedrooms u 2 en suite bathrooms u guest cloak u reception room u 24hr porter u grade I listed u original features

£450 per week Flexible Furnishings

£595 per week Furnished

Cinnabar Wharf, E1w

Canary Riverside, E14

2 bedrooms u 2 bathrooms (1 en suite) u reception room u terrace u balcony u parking u 24hr porterage u river views

£795 per week Furnished

Savills Docklands 80 Wapping High Street, E1W 2NE

docklands@savills.com

020 7456 6800

3 bedrooms u 3 en suite bathrooms u reception room u private parking u balcony u porterage u direct river views u communal gardens

£1300 per week Furnished

Savills Canary Wharf 4 Westferry Circus, E14 4HD

canarywharf@savills.com

020 7531 2500

Savills Canary Wharf 4 Westferry Circus, E14 4HD

canarywharf@savills.com

020 7531 2500

Whatever platform youâ&#x20AC;&#x2122;re on, just search Savills.

Savills apps for the iPhone and iPad make it easy to search on the move. And our relaunched website with an improved search engine, together with our international network opens up a whole new world of buyers and tenants. Buying, selling, renting or letting, search with Savills.

WE HAVE THE POWER TO MOVE YOU. Savills Canary Wharf Sarah Dorman 4 Westferry Circus London E14 4HD 020 7531 2500 sdorman@savills.com

savills.co.uk

Savills Docklands Dawn Shepperson 80 Wapping High Street London E1W 2NE 020 7456 6800 dshepperson@savills.com

living local

HOT PROPERTY: City Slicker

This simply stunning one bedroom apartment has been lovingly refurbished throughout to an exacting specification, with no expense spared.Â The newly fitted bathroom includes under floor heating, feature wall and roll top bath. The unusually spacious open plan reception has an engineered wood floor throughout, while the master bedroom benefits form a substantial walk-in wardrobe.Â

It is rare to find one bedroom apartments of this size in such a sought-after location. In total the property extends to in excess of 700 square foot of internal accommodation. This elegant city home is immaculate throughout and would be an ideal first time purchase or pied a terre. Reservoir Studios is located within 100 meters of Limehouse DLR station making it ideal for transportation into The City and Canary Wharf.

Limehouse, E14 ÂŁ309, 950 Lourdes Estates www.lourdes-estates.com

020 7538 9252 141

Sales

L SO

Pan Peninsula, London, E14

L SO

£670,000

A 32nd floor, 881 sqft two bedroom apartment with state of the art fixtures and fittings situated in the heart of the ‘Millennium Quarter’ masterplan - next to South Quay DLR station and only a short walk to the extensive amenities of Canary Wharf. King Sturge recommend this apartment highly.

We urgently require properties in the Canary Wharf / E14 area.

L SO

New Providence Wharf, London, E14 £457,500

Waterman Building, London, E14 £515,000

A large luxury two bedroom apartment boasting river views from all principle rooms as well as a generous riverside balcony situated in the heart of Canary Wharf. Offered with secure parking and use of leisure and 24hr concierge.

A highly desirable 948sqft two bed two bath 5th floor apartment boasts direct river views West towards the London skyline from every room. It is presented in very good condition and benefits from access to leisure, concierge & one secure parking space.

Please call

020 7715 9700 for a free valuation.

We have a huge database of active Far East investors and domestic clients.

L SO

Pierpoint Building, London, E14 £500,000

Port East, London, E14

A two bedroom, two bathroom riverside apartment in this exceptional block. The property benefits from a balcony and one parking space, and the development has a 24 hour porter, gym and spa room.

A large one bedroom apartment in this fabulous Grade 1 listed Warehouse Conversion. Port East is one of the most sought after developments in Canary Wharf being metres away from the business district. The apartment is in fantastic condition and includes parking.

£370,000

Ontario Tower, London, E14

£250,000

A 22nd floor studio flat in striking development. The development also has a 24hr concierge and use of gym and spa facilities of the adjoining Radisson Hotel. A short journey away from the buzzing centre of Canary Wharf with DLR/Jubilee line.

www.kingsturge.co.uk

Canary Wharf Office - 020 7715 9700 dockland.sales@kingsturge.com With London offices in Knightsbridge, Canary Wharf, Blackheath and Greenwich

Lettings

Shepherd Court, E14

£250pw

Ability Place, E14

£560pw

Manchester Road, E14

£325pw

Brand new one bed apartment with huge storage space on the ground floor of the secure development. Fully furnished to a very high standard through out. New to the market and proving very popular, early viewing recommended. Available now.

A 16th floor 2 bed, 2 bath luxury apartment with floor to ceiling windows overlooking the dock. The apartment features a wrap around balcony from the open plan kitchen living space & under floor heating. Development boasts 24 hour concierge, and full leisure facilities. Fully furnished with secure parking.

A spacious two bedroom duplex apartment offering excellent value for money, presented in excellent condition with private terrace. Short walk to South Quay DLR and Canary Wharf Jubilee line parking permit available. Offered fully furnished.

Landmark East, E14

Edison Building, E14

Discovery Dock, E14

£395pw

Stunning one bedroom 40th floor east facing offering amazing views and luxurious finishes. Features include 24hr concierge and gym. Close to Heron Quay DLR and Canary Wharf. Fully furnished to the highest standard and available now.

£400pw

Two double bedroom apartment located on the 4th floor with two bathrooms and semi open plan kitchen living space. Gated development offers 24hr concierge and gym. Short walk to Canary Wharf DLR. Fully furnished with secure parking. Available now.

£495pw

Bright and spacious two bed, two bath apartment with stunning views and private terrace. Development boats 24hr concierge and secure parking. Close to South Quay DLR and Canary Wharf. Fully furnished to a high standard.

E UC

Landmark East, E14

£595pw

Stunning two bedroom 39th floor south east facing offering dual aspect views. Features include 24hr concierge and gym. Close to Heron Quay DLR and Canary Wharf. Fully furnished to the highest standard and available now.

Port East, E14

£575pw

A delightful two double bed, two bath warehouse conversion located in the centre of Canary Wharf. Original features including beams,and exposed brick work - this property is a must see! Offered with secure parking. Available 20th April 2011.

Keepier Wharf, E14

£1,300pw

Stunning apartment, offering three double bedrooms, three bathrooms and amazing dual aspect views of Canary Wharf and the Thames. Presented fully furnished in excellent condition with secure parking. Easy access to Limehouse DLR and Canary Wharf.

www.kingsturge.co.uk

Canary Wharf Office - 020 7715 9700 dockland.lettings@kingsturge.com With London offices in Knightsbridge, Canary Wharf, Blackheath and Greenwich

www.alanselby.co.uk Sales

Cyclopes Wharf, E14

£259,995

Lanterns Court, E14

£310,000

Set on the 5th floor or this popular private gated riverside development this 1 bedroom apartment offers reception room with open plan modern kitchen, bathroom, store cupboard and secure covered parking space. The Cyclopes Wharf development offers 24 hour concierge and leisure facilities.

A luxury 1 bedroom apartment set on the 8th floor measuring 441 sq ft plus a parking space. Set within in this stunning new development approximately 300 metres from South Quay DLR station and within 500 metres of the Canary Wharf business complex. Lanterns Court also boasts fantastic leisure facilities.

020 7519 5900 | info@alanselby.co.uk

Hutchings Wharf, E14

£439,995

Arnham Wharf, E14

£455,000

Set on the 7th floor of this private riverside development, this beautifully presented 2 bedroom apartment offers spectacular views across the river Thames. The accommodation comprises reception room, stylish kitchen, bathroom, en-suite to the master bedroom. Plus 2 parking spaces.

Situated on the 5th floor looking directly onto the River Thames with the City beyond is this stunning 2 bedroom apartment, consisting of reception room with full length balcony, kitchen, en-suite to the master bedroom and guest shower room. The property also benefits

020 7519 5900 | info@alanselby.co.uk

from a secure covered parking.

Estate Agents | Land & Development Consultants

www.alanselby.co.uk Lettings

Millennium Harbour, E14

£360PW

St Davids Square, E14

£425PW

A 2 bedroom furnished apartment with reception giving views over on to the communal gardens and the River Thames, fully fitted kitchen, en-suite to master bedroom and separate bathroom. The Millennium Harbour development offers leisure facilities, 24 hour concierge and a secured parking space.

A very spacious first floor apartment with direct river views from all rooms Features a generously proportioned eat in kitchen and very large reception area with direct access to a small terrace The master bedroom has en suite bathroom facilities and access to a further terrace and secured underground parking.

020 7519 5900 | info@alanselby.co.uk

Pilgrims Mews, E14

£550PW

Ontario Tower, E14

£1,600PW

A superb townhouse offering 3 bedrooms, 2 bathrooms, 1 being en-suite, fully fitted kitchen with French doors leading onto a decked garden overlooking a bird sanctuary, 2 parking spaces and a single car garage, Offered furnished.

Stunning 3 bedroom, 3 bathroom penthouse apartment in the Ontario Tower. This spectacular duplex apartment set across 2300 sq ft, with stunning views of the River Thames and city. Each bedroom has ample amount of storage all with stunning views. The development offers 24hour concierge and leisure facilities.

020 7519 5900 | info@alanselby.co.uk

Estate Agents | Land & Development Consultants

£399,950

• Two bedrooms • Two bathrooms • Seventeenth floor • River views

Contact our sales team today for a free, no £449,950 obligation valuation.

Dogs, E14

bedrooms • Two £365,000 bathrooms • Two • Balcony

£335,000

£525,000

020 7538 9250

• Three bedrooms • Two reception rooms Neutron Tower, Virginia Quay, E14 • Two balconies Two double bedrooms • • Secure parking

• £519,950 • River views

Large balcony

• 11th floor £375,000

LD SO

bedrooms • Two £549,950 • Two bathrooms • Direct river views • Balcony

Hutchings Wharf, Westferry Road, E14

• Two bedrooms • Two bathrooms • Direct river views Chinnocks Wharf, Narrow Street, E14 • Secure parking

£364,950 • Balcony £349,950

LD SO Chinnocks Wharf, Narrow Street, E14

Lamb Court, Narrow Street, E14 • Two bedrooms • 24 •hour Twoconcierge double bedrooms • Balcony • Two bathrooms • Parking for two cars underground parking • Secure

Cascades Tower, Westferry Road, E14

Adriatic Building, Narrow Street, E14

Actions speak louder than words.

Reservoir Studios, Cable Street, E1W

Fleet House, Limehouse, E14 • One bedroom Closedouble to DLR bedrooms ••Two Gatedbathrooms development ••Two Parking ••Parking Marina views •£309,950

The Watergardens, Narrow Street, E14

• Two bedrooms • Private patio Court, Isle Of Shackleton • Communal gardens river views • Direct • Secure parking

L SO

£629,950

L SO

L SO Roffey Street, Crossharbour, E14

Medland House, Limehouse, E14 • One bedroom • Open plan kitchen/reception apartment • Penthouse • Woodterrace flooring • Large • Close underground to Canary Wharf parking • Secure £235,000 views • Marina

Dundee Wharf, Limehouse, E14

• Two bedrooms • Two bathrooms • Secure parking Millennium • Resident’s gymHarbour, South Quay, E14

Two bathrooms •£564,950 • Two bedrooms • River views • Balcony

£449,950

020 7538 9250

Berglen Court, Limehouse, E14

• Three bedrooms • Two bathrooms • Marina views Millennium Drive, Isle Of • Secure parking

• One double bedroom £669,950

Dogs, E14

• Secure car parking • River views • Refurbished throughout £275,000

www.lourdes-estates.com

Lourdes Estate Agents, 94-96 Three Colt Street, Limehouse, London, E14 8AP

• Large £650 per weekbalcony • River views • 11th floor £375,000

LD SO

020 7538 9250

The Chapel, Limehouse, E14

• Two bedrooms • Three Neutron bathrooms Tower, Virginia Quay, E14 • Private garden double bedrooms • Two • Furnished or unfurnished

£525,000

£349,950

Hermitage Court, Wapping, E1W • Three bedrooms • Two bathrooms • Large balcony • Chinnocks Secure parking Wharf, Narrow Street, E14 • Two £695 perbedrooms week • Two bathrooms • Direct river views • Balcony

£300 per week • Balcony

Contact our sales team today £395 per week for a free, no obligation valuation.

Cold Harbour, Canary Wharf, E14

• One bedroom Lamb Court, Narrow Street, E14 • Fully furnished • Two double bedrooms • Secure• parking Two bathrooms • Close •toSecure Canary Wharf underground parking

£335,000

Adriatic Building, Narrow Street, E14 • Two bedrooms • Fully furnished • Secure parking • 24 hour concierge

Actions speak louder than words.

LD Ionian Building, Narrow Street, E14 • Two bedrooms • Shackleton Two bathrooms Court, Isle Of Dogs, E14 • Fully furnished river views • •24Direct hour concierge • Two £375 perbedrooms week • Two bathrooms • Balcony

L SO

D £399,950

LD SO

£629,950

Barrier Point, Royal Docks, E16 • One bedroom Fleet House, Limehouse, E14 • Fully furnished double bedrooms • Two • Resident’s gymnasium • Two bathrooms • Close to DLR • Parking £265 per week views • Marina

E14

L SO

Roffey Street, Crossharbour, E14 • Medland One bedroom House, Limehouse, E14 • •Wood flooring apartment Penthouse • •Fully furnished Large terrace Close to Canary Wharf underground parking • Secure £265 per week views • Marina

Ocean Wharf, Westferry Road, E14 • Duplex penthouse • Three bedrooms • Wrap around terrace Millennium Harbour, South Quay, E14 • Fully furnished • Two £1100 perbathrooms week • Two bedrooms • River views • Balcony

£449,950

020 7538 9250

Basin Approach, Limehouse, E14 • Three/Four bedroom house • Three bathrooms • Three balconies Drive, Isle Of • MarinaMillennium views One double bedroom £1200•per week • Secure car parking • River views • Refurbished throughout

Dogs, E14

£275,000

www.lourdes-estates.com

Lourdes Estate Agents, 94-96 Three Colt Street, Limehouse, London, E14 8AP

2011-03-18 18:11:24

94.126.43.186

TOWER BRIDGE

Vogans Mill Wharf SE1 A stunning penthouse apartment which was interior designed by Taylor Howe's Designs, and occupies the sixteenth, seventeenth and eighteenth floor of this landmark conversion. The living area is arranged over the entire seventeenth floor and offers breathtaking 360Â° views of the London skyline, taking in the Shard of Glass, Tower Bridge, Canary Wharf and many more notable landmarks reception room | further galleried reception room | main bedroom (en suite) with dressing room | 2 further bedrooms (en suite) | kitchen with open-plan dining room | mezzanine study | secure parking | 24hr concierge | communal dockside roof terrace | 8 balconies

Guide price ÂŁ3,750,000 leasehold

cluttons.com

020 7407 3669

towerbridge@cluttons.com

2011-03-18 18:08:47

94.126.43.186

TOWER BRIDGE

Guide price ÂŁ3,500,000 freehold

cluttons.com

020 7407 3669

towerbridge@cluttons.com

Share of freehold GUIde PrICe £1,450,000 S o l e aG e N T

Redington Road nW3 Occupying the first and second floors of this detached house, a three bedroom, three bathroom, two reception room, duplex apartment presented in “turn-key” condition. The apartment further benefits from an immaculately maintained west facing communal garden and off street parking. Located on one of Hampstead’s premier tree lined avenues, this fine apartment is within close proximity of both Hampstead Village and Hampstead.

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2608

PRIMROSE HILL NW1 Designed by the late Richard Paxton, renowned as one of Britain’s finest residential architects, a unique and important 5/6 bedroom modern home discretely located in this quiet mews within the heart of Primrose Hill.

FREEHOLD PRICE ON A P P L I CAT I O N JOINT SOLE AG E N T

This ‘house’ is entered via a smoked glass portcullis revealing a large parking space which in turn provides access via a grand stepped approach (with funicular lift!) into the stunning main reception area which is a double volume space over 70’ in length with a curved ceiling, revealing two vast retractable glass roof lights.

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London's Finest Properties

LETTINGS

SALES

Alaska Building, Deals Gateway, SE13

Ontario Tower, Canary Wharf, E14

New Providence Wharf, Canary Wharf, E14

Gainsborough House, Canary Wharf, E14

• One Bedroom/One Bathroom • Highly Prestigious Development • Quality Fixtures And Fittings • 24 Hour Concierge • Gym & Swimming Pool

• 5th Floor One Bedroom/One Bathroom • Popular Development • Moments From South Quay DLR And Canada Square • Residents Only Leisure Facilities • 24hr Porterage

£285.00 per week

£310 per week

£269,950

Montana Building, Deals Gateway, SE13

Western Beach Apartments, E16

New Providence Wharf, E14

• Large Penthouse Apartment • Two Bedrooms • Furnishing Available • 5th Floor • Allocated Parking • 24hr Concierge Service

• Two Bedroom Apartment • Two Bathrooms • Fully Furnished • 7th Floor • Allocated Parking • Nr. Royal Victoria DLR

Galaxy Building, Isle Of Dogs, E14

• 2nd Floor • Extremely Large And Spacious Apartment • Balcony With River Views • Close Proximity To Canary Wharf And Transport Links • Secure Underground Parking

• 4th Floor • Stunning Riverside Development • Two Bedroom/One Bathroom • Balcony • Valet Parking • Moments From Dlr And Jubilee Line

£330.00 per week

£440 per week

£309,950

£410,000

Lanterns Court, Canary Wharf, E14

New Providence Wharf, Canary Wharf, E14

No 1 Pepys St,Tower Hill, EC1

New Providence Wharf, Canary Wharf, E14

Starting from £450 per week

£495.00 per week

£435,000

• Two Bedroom Apartment • Fully Furnished • Ground Floor • Balcony • Allocated Parking • Concierge Service

• Studio Apartment • Fully Furnished • 12th Floor • Exclusive use of Radisson Hotel Amenities • 24hr Concierge Service • Nr. Blackwall DLR

• Brand New Luxury Apartments • A Selection of 2 and 3 Bedroom Apartments • Walking Distance to Canary Wharf • Concierge Service • www.lanterns-court.co.uk

• Two Bedroom Two Bathroom Apartment • Fully Furnished • 11th Floor • Balcony • Allocated Parking • 24hr Concierge Service

• 4th Floor • S pacious One Bedroom/One Bathroom • Exceptional Order Throughout • Secure Allocated Parking • Fully Furnished • Porterage

• Stunning 10th Floor Apartment • Uninterrupted River Views, Front & Rear • Excellent Condition Throughout • Secure Underground Parking • 24hr Concierge And Exceptional Leisure Facilities

£570,000

Sales | Lettings | Corporate Services | Property Management www.liferesidential.co.uk

Central London 020 7582 7989

West London 020 8896 9990

Finchley 020 8446 9524

Docklands 020 7476 0125

Deptford & Greenwich 020 8692 2244

UNIQUE HOMES, UNIQUE SERVICE, UNIQUE PEOPLE P e r s o n a l P r o p e r t y C o n s u l t a n c y f o r B u ye r s a n d S e l l e r s o f D i s t i n c t i ve H o m e s

FARNBOROUgH PARK, LOCKSBOTTOM, KENT, BR6 “Laurens” is a striking detached residence of c. 5,500 square feet located in one of the premier roads within a private gated estate. Five bedrooms, four bathrooms and annex/games room over a triple garage, set in three quarters of an acre of landscaped grounds.

£2,500,000 F/H

WILDERNESS ROAD, CHISLEHURST, KENT, BR7 “White Gates” is a beautifully presented home on a magnificent plot backing onto Chislehurst golf course. Four linked receptions open to the gardens and to the first floor are five bedrooms and four bathrooms with three bedrooms having access to a large south west facing terrace.

£ PRICE ON APPLICATION

Unique London Office 116-118 Bermondsey Street, London Bridge, London SE1 3TX Tel 020 7089 6500 Email enquiries@uniquepropertiesuk.com

Unique Kent Office

UNIQUE is a Specialist Division of Langford Russell

13 High Street, Chislehurst, Kent BR7 5AB Tel 020 8378 1222 Email enquiries@uniquepropertiesuk.com

www.uniqueproper tiesuk.com www.langfordr ussell.co.uk

River Habitat RiverHabitat.co.uk

ONE WEST INDIA QUAY, E14 Luxury Duplex in the heart of Canary Wharf

RESERVOIR STUDIOS Chic Contemporary Gated Development

n Crca. 2,500 Square Feet n South Facing Duplex Apartment n 29th and 30th Floors n Three Bedroom, Three Bathroom n Comes with car parking space

n Large Live/Work Unit Space n Currently with one Bedroom n Duplex 2nd & 3rd Floor n High Ceilings and Wooden Floors n Close walking distance to Limehouse DLR

£1,500 pw Reduced

£395,000 Leasehold

BELGRAVE COURT An unfurnished riverside classic

BERKELEY TOWER A spectacular river view Apartment

n Direct River Views n 1,843 Sq. Ft. Unfurnished n 9th Floor n 3 Bedroom, 3 Bath, 1 Cloakroom n Portered Block, 24 Hr Security n Comes with Car Parking Space

n Fantastic River Views n 1,402 Sq. Ft. n 3rd Floor n Two Bedroom, 2 Bath n Portered Block, 24 Hr Security n Comes with 2 car parking spaces

£1,050 pw Reduced

£815,000 LEASEHOLD

• info@RiverHabitat.co.uk • T: 020 7791 9830 • F: 020 7791 9831 • The Suite LG. 655 Commercial Road, Limehouse, London E14 7LW

newHOMES

Your essential guide to new local developments. Read up to the minute information about star apartments, good investments, yet to be launched to the market properties, and the best in innovative design, architectural excellence and chic, city style. This dedicated section covers luxury projects throughout Blackheath, Camberwell, Dulwich and other select areas of South East London.

Development Focus

city living in modern penthouses

Market Comment

The tide begins to turn for house sales

newhomes

Property Latest By Ben West

£1bn profit One Hyde Park, the world’s most expensive apartments is set to dramatically exceed expectations. Developers Candy and Candy say their luxury residential development, One Hyde Park, is going to result in a substantial profit of over £1bn. There are less than 30 apartments left on the market, with 50 having already been sold. Prices start at around £6.5m for a one-bedroom apartment, while one penthouse was recently sold

for £135m, with property experts saying it was the most expensive property in the world. Retail space on the ground floor has also been sold to Rolex and Abu Dhabi Islamic Bank, netting the developers another cool £50m. The ambitious Candy brothers are renowned in the industry for their lavish developments, but the One Hyde Park project is their most ambitious and expensive yet. Though it has also proved to be the most profitable.

Market comment “New properties are finally beginning to come onto the market, replenishing the depleted stock levels we experienced for so much of the last year,” says Ed Mead, director at London estate agents Douglas and Gordon, of the current market. “Sellers are more savvy about overvaluations and if they aren’t selling at the expected price, they are starting to talk at levels where an increasing number of buyers seem prepared to pay. “Similar to last year, the market seems late but volumes will not get off the ground until May as vendors are choosing to launch their property after the April/May bank holidays and the Royal wedding. The impending one per cent stamp duty rise on properties over £1m next month has generated a flurry of buyers hurriedly offering on properties to complete ahead of the rise. Whilst this has helped the number of sales in the first two months of this year, we’re preparing for stock levels and interest for properties over the £1m mark to be less in the second half of 2011.”

Spruce up your home for a spring sale

With spring in the air, and traditionally the busiest selling time of the year approaching, now is perhaps the optimum time for home movers to put their property on the market. But in order to achieve the best possible price, it is important to give your property a spring health check and carry out essential repair and maintenance work following the long winter. Check exterior brickwork for cracked brickwork and crumbled cement, and repair before moisture has a chance to seep in. Damp can take hold extremely quickly and will be instantly picked up on a survey. Check the roof - wind and weather damage can exacerbate loose and

missing roof tiles. Look for cracks in the roofing felt. Visit the loft to look for indications of problems like watermarks on roof timbers or daylight showing through. Clean out blockages in gutters to avoid leaks and check for cracks and other damage. Clean paths and patios of any debris. Make sure leaves and debris aren’t blocking airbricks and vents, which could lead to damp. Wind and damp can cause considerable damage to wooden fences and sheds, so treat them with a wood preservative or paint to smarten them up and prevent rotting. Winter weather can cause exterior wall paint to flake or fall off, exposing the brickwork underneath. This can really impact on the overall impression of your property, so repaint if necessary. Spring is an excellent time to get your chimney inspected and swept by a chimney sweep, which reduces the risk of fires after heavy winter use. Adjust central heating to a summer setting to save energy. Bleed radiators to banish air pockets, which helps keep the heating system in top condition. Spring is also the perfect time to organise an annual boiler service.

New guide for landlords Just published, is the new edition of Renting & Letting, a Which? Essential Guide. This definitive handbook for all landlords and tenants is packed with detailed information on your rights and obligations. It guides you through the possible pitfalls and explains vital financial and legal considerations in an accessible, jargon-free manner. Written by property expert Kate Faulkner, Renting & Letting is fully updated for 2011 and includes details on tenants’ rights, landlord’s obligations, key safety certificates, making the most of your investment and tips on renovation and maintenance.

Development DIGEST... Affinity A new sustainable development of 30 apartments is to be built in Chingford, E4. Located on the edge of Chase Lane Park, many homes will include balconies with views of the park, while ground floor apartments will benefit from private patio gardens. Apartments will be fitted with lean burning central heating systems and photovoltaic roof panels, reduced flow showers and 40 per cent or more of all light fittings will utilise low energy fittings. £159,500 www.higginshomes.co.uk

Ability Place This contemporary dock-side development at Canary Wharf is a comprising 152 apartments over 21 floors, all designed and built with a luxury spec in mind. It features communal leisure facilities and a concierge. Just across the river from charming Greenwich and moments from the bustling shops, bars and restaurants in Canary Wharf where the Jubilee Line provides direct access into the West End and a plethora of vibrant theatres, museums and markets. Further transport links include South Quay Station (DLR) offering direct access to City Airport, and Waterloo Station (National Rail and Eurostar services) is just a quick hop along the Jubilee Line at Canary Wharf. £304,999 to £599,950 www.foxtons.co.uk

For more information, visit www.which.co.uk/books

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newhomes

DEVELOPMENT FOCUS Spotlight on Streamlight Swan New Homes are set to unveil chic apartments in the heart of London’s Docklands, ideally located for business and leisure

he Swan Housing group has diversified from its successful social housing projects to produce a high quality development entitled Streamlight, a private residential building of 93 one, two and three bedroom apartments. Undoubtedly the new homes will attract the commuteconscious, owing to their location just moments from the lively business centre of Canary Wharf and the DLR station of Blackwall. Therefore Swan have ensured that the design and styling of the apartments is particularly suited to City slickers with busy lifestyles. Inside each property, a soft and neutral colour palette is complimented by glossy chrome fittings and downlighters throughout, giving a luxurious and contemporary feel. Attention to detail is evident with ceramic floor tiling to communal areas, under floor heating and Sky+ wiring to the master bedroom. The kitchens are open-plan and modern environments equipped with high-gloss units and integrated stainless steel appliances supplied by Smeg. These include a washer-dryer and dishwasher for ultimate convenience, while the three-bed apartments will also have use of a fitted microwave. Bathrooms and en-suites are similarly sleek, with fullheight tiling for practicality, fresh white Roca sanitary wear and heated towel rails and the first two bedrooms will benefit from spacious wardrobes with sliding doors. The quality of the Streamlight design extends beyond each individual apartment to the wider construction of the building and its associated lifestyle. The tower has been awarded an EcoHomes rating of’ Excellent’ to reflect the use of a CHP boiler and green roof to encourage local wildlife. And other environmentally conscious features include a high level of insulation, wide use of recycled materials and outside amenity space for each apartment. In addition to this, the building will benefit from a comprehensive concierge service akin to that of a fivestar hotel. Housed in an impressive entrance hall, the management team will ensure the efficient functioning of core services, security and maintenance which will continually evolve in consultation with residents. Understandably the Streamlight tower will have wide appeal and while there are two gorgeous duplex

Star Property Set atop the 24-storey Streamlight tower development are two duplex penthouses, each with three bedrooms. They offer unrivalled views across Canary Wharf and Greenwich, en-suites and southfacing balconies, as well as a high quality designer finish in keeping with the minimalist yet plush interiors of the other properties. The two penthouse kitchens are particularly desirable, having been exclusively created by actress and fashion guru Sadie Frost. They feature the latest Miele appliances including a wine cooler, coffee maker and steamer incorporated into a glamorous curve of glass and wood units. At an exclusive launch for the Streamlight tower, Sadie spoke of her intention to make a stylish yet family-friendly space in the penthouses: â&#x20AC;&#x153;The kitchen is central to family life and the choices I made were influenced by the things I know are crucial in a functional but high quality kitchen,â&#x20AC;? she said. This sentiment is echoed throughout the properties. All profits from the sale of the penthouses will go directly into building affordable homes on the same site.

penthouses available for those looking for something special, some of the apartments are also available as part of a shared ownership scheme. Swan New Homes anticipate that this option will provide a very affordable and attractive investment opportunity for those eager to join the East London renaissance ahead of the Olympics. The wider area is already a hotbed of leisure amenities. The high-end restaurants, shops and bars of Canary Wharf are within walking distance and the tower overlooks The 02 arena with its enticing event programme and vibrant nightclubs. For this reason, the apartments are not only viable pads for the working week, but perfectly placed to enjoy the weekend life that London has to offer. When the Olympic site is finished, the venue will be reachable within twelve minutes. This also means the apartments possess great rental potential and are highly likely to appreciate in value from their ÂŁ295,000 starting point. n www.streamlighte14.co.uk

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newhomes

for better, OR WORSE With a constantly changing industry and a challenging economy, Ron Radway looks at the ups and downs of the mortgage market

ollowing our winter of discontent will hope return this Spring? The season for statistics is now upon us, and, as usual, these figures are open to interpretation and much confusion. Let’s take two recent trade headlines. The first: ‘House prices and transactions rise’ from LSL/Acadametrics brought cheerful news, and contrasted nicely with second: ‘House purchase lending plummets 26 per cent’ as gravely informed by the CML. So, who is right and who is wrong? The answer is neither, or both, dependent upon points of reference, and what end of the telescope one is looking through! If one can stay awake long enough to study the minutiae of percentages and trends, either the changes are too small as not to matter, or too obvious to warrant comment. It begs the question, are these statistical studies worthwhile? I’m sure the big corporates enjoy them, it gives them a sense of purpose, but I wonder whether the average man on the street finds them useful, or just plain perplexing.

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I prefer to trust my own experience. And I can report that my own practice is running at record levels over the past four months, both in enquiries and approvals. My practice has always been a good barometer of moods and trends, because it does not specialise in certain sectors and niches, and so gathers from a broad spectrum, which I believe makes my own stats, although on a small scale and merely anecdotal, more relevant and indicative. There is clear evidence of improvement, as people, tired of placing their lives on hold, are venturing out; with lenders regaining an appetite to lend – certainly at its best since the credit crunch outset. Having praised them, I must also report that high levels of pedantry and obtusity are still prevalent, and if you want help to wade through the maze an independent mortgage broker can be found near you by visiting www.unbiased.co.uk or www.houseandfinance.co.uk. n Ron Radway is a mortgage consultant for OneCall Financial Advice Centre. For further information, visit www.onecallonline.co.uk or call 0203 174 0422.

020 7407 3173 towerbridge@hamptons-int.com Fabulous Docklands apartments, just launched Sales & Marketing Suite. Thursday - Monday, 10am - 4pm Fairmont Avenue, London, E14 For further information or to reserve contact the sales team on towerbridge@hamptons-int.com New build 1, 2 and 3 bedroom apartments with balconies and penthouses with exceptional views. Prices starting from ÂŁ295,000 This CGI is indicative only and may differ from actual, refer to sales staff for further information.

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newhomes

State of the market Alasdair Carpenter, Company Director of Lourdes estate agents, comments on the state of the residential property market

Complaints against agents on the increase

ccording to the Property Ombudsman, complaints against estate agents are at their highest level since records began almost 20 years ago. This is a startling statistic in light of the fact that historically, transaction levels across the wider UK market are very low. And yet, the residential market for committed vendors has been a frustrating

environment for the last few years. In such a difficult market it is quite understandable that sellers are more prepared to vent their disappointment. While I am not trying to diminish the concern raised from this statistic, there are however, far greater underlying issues that need addressing. The current state of the property market means it is not attracting the quality of would be estate agents it once did; and this is in a industry that is still unregulated. During the many years I have spent in the industry I have always been amazed by the lack of thought and research that many people invest in when choosing the right estate agent to act on their behalf. Most people are seduced by the cheapest fee or the highest marketing price. And yet, you employ the services of an estate agent to secure a buyer on your property at the best price possible. If an estate agent is prepared to reduce the price of their own service, surely they are not necessarily the company you should be employing to negotiate on your behalf? Instructing the agent that provides you with the highest valuation might also be a flawed plan. Ultimately, the price agreed by your agent will have to be justified to your buyer’s mortgage surveyor. If they are unable to successfully convince the mortgage valuer that the price is correct then the property will be down valued and the buyer might well decide they do not appreciate being taken advantage of and withdraw from the transaction. Sellers really do need to be more careful when considering who they instruct. My advice is simple; take your time and do your research before signing any contracts. If you type the name of your estate agent into a search engine and you discover an entire catalogue of negative comments, you would do well to heed the warnings. n Alasdair Carpenter Lourdes Estate Agents 020 7538 9254 www.lourdes-estates.com

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se ou th ng en ini e p ma On re Built on the historic Lovell’s Wharf site and designed to maximise light and magnificent views along the river, Lovell’s offers a collection of bright, spacious one, two and three bedroom apartments and penthouses with extensive terraces, all finished to an exceptionally high standard and ready to move into now. Penthouse £835,000*

A development by

Photograph taken from Lovell’s at 6.30am

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Call now to book an appointment to view the show apartments 020 8090 0276 www.liveatlovells.com * Price correct at time of going to print

HIRSH L O N D O N

TRILOGY COLLECTION HANDMADE IN PLATINUM

Famous for engagement rings www.hirshlondon.com

WEST END 56-57 BURLINGTON ARCADE W1J 0QN T 020 7499 6814 - CITY 9 HATTON GARDEN EC1N 8AH T 020 7831 3333

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