Dec 8, 2021-Jan 5, 2022 wharf-life.com
+
>>
Selected flats for sale from My London Home and Alex Neil Pages 20-21
discover homes at Gallions Place from Vistry Ventures and Notting Hill Genesis Page 18
how Hamptons’ new Canary Wharf office delivers on experience and service Pages 16-17
experts visit the
Property in Canary Wharf, Docklands, east London buy - rent - invest - interiors - commercial
SALES & NEW HOMES mylondonhome.com
canarywharf@mylondonhome.com
CALL 020 7227 0044
16
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
20+ how a new Canary Wharf office space for Hamptons gives staff the ability to offer clients the best service possible space formerly occupied by a by Jon Massey bank. Dressed in pale woods, potted greenery and crisp digital screens displaying properties in its ou often read about windows, there are meeting rooms online agency, but for consultations with clients that’s not what people and plenty of space to house a like in this area,” said team covering every aspect of the Adam Wolfryd, who property market. was appointed senior The Canary Wharf office’s senior head of sales at Hamptons Canary head of lettings Laura Stronghill Wharf operation in May. “People said: “The previous space we want to deal with you face-to-face had didn’t really suit when we when it comes to their biggest expanded the team – we felt we’d asset.” outgrown it and the building was The company recently opened set to be redeveloped in any case. the doors to its new office at “Then this site came up and it 20 Canada Square following was the right spot for us – it gives relocation from its previous home the business better exposure, we’re at 30 South Colonnade via a closer to the Tube and it means we brief temporary home at nearby can bring more people in and do WeWork. more business. “We were essentially working “We’ve expanded the sales and as an online proposition and while lettings teams and we also have we were able to do that, it was our residential development team, challenging,” said Adam. “The who handle new homes and our feedback we were getting from property management team, who clients was that they wanted to look after clients with multiple be able to walk in and talk to us properties, are based here too without booking an appointment alongside some of our corporate or never meeting in person at all. team. “It proved that we’re in a “It means we can get everybody business that requires a traditional under one roof and provide a model to operate effectively. better level of service for our Opening the new office shows how clients. That’s especially important much confidence Hamptons has in in Canary Wharf as there’s a great the Canary Wharf market.” deal of development going on The company, which has more locally and a lot of investors as than 90 branches across the UK, well as professionals relocating has made a statement with this to the area. With everyone here, opening, taking over a expansive people walking in can speak to members of our team with a wide range of expertise to help them with whatever they need.” Adam and Laura said that with exible digital infrastructure in place and the office now open, Hamptons stands ready to handle properties across a broad swathe of the market. “It’s important that people know we will take care of everything from a studio apartment to a five-bedroom house,” said aura. “We have the ability to be creative with our marketing to get the right result. “I’ve been with the business for more than 15 years and its core is solid – the backbone of the company is its people and its structure and ability to retain good members of staff so we can use our experience to do a good job for our clients. “We’re all approachable, we want people to come and meet us and we like Hamptons Canary Wharf to do tiny, noticeable things to make our senior head of lettings
Y
Laura Stronghill
Years Adam has spent working as an estate agent in the Canary Wharf area
Hamptons Canary Wharf senior head of sales Adam Wolfryd says the new office allows its teams to provide the best possible service to their clients
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
17
Property
cover comprehensive
The new office is a central hub for us – we cover properties of all kinds, all the way out to Essex from here Adam Wolfryd, Hamptons
Hamptons’ new office in Canary Wharf clients’ lives a little bit better. Whether that’s popping round to a property to turn the oven off, arranging to be there to make sure tenants get their keys out of hours or even helping them move in, it’s those little extras you can count on. “On the lettings side, there are no straightforward tenancies – that’s where the team and I come in to assist landlords as much as we can. That’s where our corporate reach really helps – we have a lot of tenants employed by blue chip companies. “Right now, demand is through the roof – in some instances rental prices are already exceeding 2019 levels. Tenants are looking to secure longer deals because they don’t know where the market’s going. We’re starting to see landlords getting a better return, which is great. We don’t want tenants or landlords to feel they’re getting the raw end of the stick. The happier the tenant, the better the property is kept and the longer they will stay. The past few years have been tough for small landlords so it’s been fantastic to give them some good news. “We will always look after their biggest asset for them and we get very good rental returns. It’s about working the market to the best of our ability, that personal touch and having the marketing tools available to do the best job possible for our clients.” Adam is similarly optimistic about the sales market and said Hamptons was ideally placed to help vendors get what they want. “Experience is one of the first things sellers look for from an agent,” he said. “In the current market, finding a buyer takes a lot of hard work and having an experienced person deal with the offer and negotiation process as well as ensuring the buyer is a viable prospect is essential. “I’ve been working in estate agency in this area for more than 20 years and I have a team here with more than half a century of experience. “In a fast-paced, high turnover industry, Hamptons is a recognised, respected brand and sellers will find an established team at the Canary Wharf office that can
“
Right now, demand for rental property is through the roof – in some instances prices are already exceeding 2019 levels Laura Stronghill, Hamptons
really give clients the benefit of that experience. We won’t rush to force a seller to accept too low an offer if we think that in a couple of weeks we can achieve a higher price, for example. We won’t put a sale together, unless we’re confident that we’ve done the work we needed to do to ensure that the buyer is fit to proceed. “As rental yields in this area have hit 5% again, buyer registrations are starting to rise as we’re seeing tenants looking to purchase a property and buy-to-let investors coming back to the market. “That suggests prices will only go in one direction and I’m quite bullish about 2022. Over the next 12 months, especially with Crossrail set to open and the Wharf becoming even easier to travel in and out of, people will see what a great place to live it is. “This new office is a central hub for us – we cover properties of all kinds all the way out to Essex from here. It’s always a good time to come and talk to us, if nothing else, just to understand the value of your property – we can advise on whether it’s better to keep it and rent it out or to put it on the market. It’s the benefit of offering that all-round service. “Whatever your property requirements are, we cover everything. We’re connected right across the UK and can also help with financial services, new homes, removals, cleaning and refurbishment as well as sales and lettings.”
Scan this code for more information about Hamptons
18
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
20%
CBRE’s forecast for price growth in Newham over the next five years
Gallions Place is located close to Gallions Reach DLR station for easy access to Crossrail at Custom House as well as Canary Wharf
docks be part of
the
how homes at Notting Hill Genesis and Vistry Ventures’ Gallions Place scheme offer access to regeneration by Jon Massey
B Interiors at the development
illed as bringing the “best of urban living to a reimagined corner of historic east London” Gallions Place in Royal ocks offers a collection of apartments with prices starting at £370,000. The scheme, a joint project by Vistry Ventures and Notting Hill Genesis, comprises three buildings located beside Royal Albert Dock. The developers recently opened a show home on site offering prospective buyers a chance to see the quality of finish available in the properties. These include white or pearl grey gloss kitchens with Silestone worktops and Zanussi integrated appliances, soft oak wood effect ooring, E lighting and orcelanosa tiling in the bathrooms. Vistry associate sales director Jai Gill said: “The interest in our homes so far has been from young professionals in London looking for their first step onto the property market. “The opening of the marketing suite will give would-be buyers an opportunity to touch and feel the quality we are bringing forward. “Less than a year from completion, homes are available with the government’s Help To Buy scheme for first-time buyers, meaning homes can be bought with a 5% deposit of £18,500 for a one bedroom apartment. “Located within an area that’s rapidly transforming, buying in Gallions Place is not only an opportunity to join the journey but it offers long-term capital uplift owing to it being identified by the Mayor Of London and Newham as the capital’s next business district.” The development is well placed for transport links, with Gallions Reach DLR station a few minutes’ walk away, offering easy access to Crossrail at Custom House, Canary Wharf and the City beyond. The scheme also boasts commercial space, which the developers
The interest in our homes so far has been from young professionals in London looking for their first step onto the property market Jai Gill, Vistry Ventures
expect to let to retail businesses as well as a restaurant with cafe-style outdoor seating. It also features a games pitch suitable for a range of sports. “Vistry have a reputation in bringing forward quality homes and Gallions Place is no exception,” said Will Castle, Associate irector at C RE, which is handling sales at the development. “These homes are competitively priced and accessible to first-time buyers, which will aid their popularity. “Recent research from C RE suggests price growth in Newham of 20% over the next five years. “The area is ourishing, welcoming new restaurants and businesses across its exible workspaces and studios, and Gallions Place presents an opportunity to be part of it.” Part of the change will be driven by the relocation of the Mayor Of London and the Greater London Authority to The Crystal building at the head of Royal Victoria Dock. That process is likely to see a wider focus on the area, which is already the capital’s only enterprise zone. For more information about Gallions Place or Help To Buy properties available there, contact call 020 3993 7930 or go to gallionsplace.co.uk
Scan this code to find out more about homes at Gallions Place
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
19
Property
Above, an artist’s impression of how Gallions Place will look when building work is completed Left, a typical interior at the development
20
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
building the future by David Galman
2
Top properties from Alex Neil to feast your eyes upon
A four-bedroom house in Abbey Street, Bermondsey
An artist’s impression of Neptune Wharf Deptford
W
hat is the Canary Wharf effect? Where should I buy? Which will be the next area to benefit from the ripple of regeneration created by the estate? Canary Wharf has evolved so much over the last 20-plus years. It’s generated thousands of jobs in various sectors – not just finance and banking, but everything needed to support big business and that means retail, creative, leisure and hospitality. More jobs equals more people, which amplifies demand for housing. Over the past two decades, directly linked areas have grown and blossomed into regenerated, mature, mixed residential locations. The Isle Of Dogs is firmly established, with shiny towers alongside traditional family housing. Wapping retains its quaintness alongside a mix of private and social tenure properties. Tower Bridge and Butlers Wharf have become some of London’s Ask me where next most sought after riverside locations, and the answer is while Bermondsey and Deptford. This town Surrey Quays are also firmly in play. south of the river Greenwich has its will be the area history, but it’s separated from the Wharf people flock to by a small stretch of David Galman, Galliard Homes water and you can walk underneath that to the Island. This and the DLR have led to much development and change here too. Then there’s the still comparatively untouched gem of Deptford. Areas around it have benefited from public and private investment with the improvement visible and tangible. The quality of housing and ancillary infrastructure has risen with values steadily increasing too. Ask me where next – the answer is Deptford. If Silvertown and Canning Town can become go-to locations, this town south of the river, nestled between Greenwich and Surrey Quays will be the area people flock to. And Galliard will be there – just as we were more than two decades ago when we recreated a Victorian Street at Marcia Road, just off the Old Kent Road. Look out for Neptune Wharf Deptford in the New Year.
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
▲ Abbey Street, SE1 Offers over: £900,000 This four-bedroom family home is located in Bermondsey and arranged over four floors. The property comprises a kitchen, a shower room and a guest bedroom on the lower floor, a reception room on the ground floor, a master bedroom and bathroom on the first floor and two additional bedrooms on the top floor. Located within walking distance of Bermondsey Tube, the home offers easy access to Canary Wharf or the City via the Jubilee line. It is also close to Maltby Street Market and the many microbreweries, bars and restaurants of Druid Street. Go to alexneil.com for more A three-bedroom apartment at Baroque Gardens
featured properties contact Call Alex Neil on 020 7237 6767 or email rotherhithe@alexneil.com for more about these or similar properties on the agency’s books Find out what your home is worth with Alex Neil here
▼ Baroque Gardens, SE16 Offers over: £700,000 This three-bedroom apartment in Surrey Quays is located in the Marine Wharf development. The property boasts a high specification kitchen with integrated appliances and a large reception room that opens onto a private roof terrace with panoramic views of Canary Wharf and beyond. The home is located close to Canada Water and Surrey Quays stations offering easy access to Canary Wharf and the City from the former and to the rest of London via Overground services from the latter. The property further benefits from its proximity to numerous local amenities. Go to alexneil.com for more
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
21
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
This property in Royal Docks features two terraces as well as a garden
featured property
Royal Wharf, E16 Guide: £1,175,000 This four-bedroom townhouse is located in Royal Wharf in the Silvertown area of Royal Docks. Extending to more than 2,450sq ft and arranged over four floors, the home includes a garden and two terraces as well as a secure parking space. In addition to the sleeping areas and four bathrooms, there are two reception rooms including an open plan space with a fully fitted kitchen on the ground floor. The development is close to Pontoon Dock DLR station and boasts its own Uber Boat By Thames Clippers pier for water-borne journeys into central London. Go to mylondonhome.com for more
Scan this code for more info on buying this property The house boasts a large, open-plan reception room on its ground floor
22
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
FIRST SHOW APARTMENT LAUNCH Saturday 11th December | 12pm – 4pm Book to view our first show apartment in the iconic former Branston Pickle Factory Ready to move into in spring 2022, these luxurious warehouse style apar tments in vibrant Bermondsey are uniquely designed to reflect their industrial heritage. 1, 2 & 3 BEDROOM APARTMENTS WITH PRICES FROM £640,000 4 MINUTE WALK TO BERMONDSEY STREET
58 GRANGE ROAD, BERMONDSEY, LONDON SE1 3BH
12 MINUTE WALK TO LONDON BRIDGE STATION
BERMONDSEY@LONDONSQUARE.CO.UK
21 MINUTE WALK TO BOROUGH MARKET
0333 666 4343
CGI and images of showhome are indicative only. Local area photography is of Bermondsey. Travel times are approximate and sourced from www.tfl.gov.uk. Details and prices are correct at time of going to press.
WWW.LONDONSQUARE.CO.UK
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
23
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
24
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
Principal Tower, EC2A
Breakspears Road, SE4
Admirals Court, SE1
£1,800,000
£1,700,000
£1,450,000
Two Bedrooms Private terrace Residents benefits
Apartment Open Plan Superb Views
Seven Bedrooms Ideal Project Large Plot
Detached Double Fronted Conservation Area
Two Bedrooms Luxurious Living Iconic Location
Duplex Apartment Stunning Views Private Balcony
Abbey Street, SE1
Chandlers Mews, E14
Lee Conservancy Road, E9
£900,000+
£875,000+
£799,500+
Four Bedrooms Chain Free Sought After
Town House Fantastic Location Period Features
Three Bedrooms Riverside Location Gym & Pool
Terraced House Underground Parking Chain Free
Four Bedrooms Fantastic Location Superb Views
Futura House, SE1
City Tower, E14
Dundee Wharf, E14
£775,000
£550,000
£500,000+
Two Bedrooms Chain Free Modern Decor
Penthouse Private Roof Terrace Underground Parking
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
Town House Large Garden 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 Dec 8, 2021-Jan 5, 2022 wharf-life.com
25
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 & Conditions apply.
26
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
CIRCUS APARTMENTS, E14 £775 PER WEEK
EAST FERRY ROAD, E14 £1,000,000 FREEHOLD
A selection of two bedroom apartments in the heart of Canary Wharf, each with an open-plan living space, private balcony and a residents’ roof terrace. EPC: C
A stunning three bedroom Victorian terraced house with period features throughout. The property is completely refurbished with a south-west facing garden. EPC: D
020 3930 4069 canarywharf@hamptons.co.uk
020 3930 4069 canarywharf@hamptons.co.uk
CHUSAN PLACE, E14 £750,000 FREEHOLD
TIDE WAITERS HOUSE, E14 £330,000 LEASEHOLD
A ‘one of a kind’ Grade 2 listed Georgian style mews house with three bedrooms. This stunning property includes a private courtyard and roof terrace. EPC: C
A pristine studio apartment set on the second floor of a beautiful 2017-build development. Includes a private balcony and access to a residents’ gym. EPC: B
020 3930 4069 canarywharf@hamptons.co.uk
020 3930 4069 canarywharf@hamptons.co.uk
HAMPTONS.CO.UK
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
27
Very much in Very themuch continental in the continental style, this cottage style, this hascottage has benefitted from benefitted extensive fromdecorating, extensive decorating, making it a making very it a very desirable residence. desirable Very much inresidence. the style, this cottage has benefited Very much incontinental the continental style, this cottage has Very Very much much in the in the continental continental style, style, thisthis cottage cottage has has residence. from extensive decorating, making it a very desirable benefitted from extensive decorating, making it a very benefitted benefitted from from extensive extensive decorating, decorating, making making it aitvery a very desirable residence. desirable desirable residence. residence.
A highly sough-after single-level property that has recently
A highly sought after single-level property that has that has A highly sought after single-level property been given easy access to the attic space. A highly sought after single-level property that has recently been given been easy access to the attic to space. recently given easy access the attic space. recently been given easy access to the attic space.
A characterful, bijou new build from a A characterful, bijouthat newbenefits build that benefits from a stunning, icing sugar façade on both theon walls and stunning, icing sugar façade both theroof. walls and roof. A characterful, bijou new build that benefits from a A characterful, bijou new build that benefits from A characterful, bijou new build that benefits from a a icing sugar facade icing on both the walls and on roof. stunning, sugar façade both the walls and roof. stunning, icing sugar façade both walls and roof. stunning, icing sugar façade on on both thethe walls and roof. A characterful, bijou new build that benefits from a stunning,
A period detached residence in the Tudor style,
A is period, detachedinresidence in the tudor-style, this A period, detached residence the tudor-style, this this property charm personified. A period, detached residence in the tudor-style, this property is charm personified. property is charm personified. property is charm personified.
A detached residence in the tudor-style, A highly A highly sought sought after after single-level single-level property property that that hashas residence in the tudor-style, thisthis H A M P T O N SA. Cperiod, O . period, U K detached H A M P T O N H S A . M C O P . T U O K N S . C O . U K property charm personified. recently recently been been given given easy easy access access to the to the attic attic space. space. personified. H A M Pproperty TO N S . C is O charm . is UK H AHMAPMTPOTNOSN. CS O . C. U OK .UK
28
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
Canary Wharf
PROPERTY MARKET NEWS www.docklandspropertyblog.com
December 2021
Is the Docklands Property Market Running Out of Steam?
I
n recent articles on the Docklands property market, I have been talking a lot about house prices over the last 12 months and 5 years in Docklands.
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
When it comes to newspapers talking about the property market, the headline most people look at is what is happening to house prices. However, as 2 in 3 (65.1%) of Docklands home sellers are also home buyers, the price is almost irrelevant. Let me explain. If your property has gone down in value – the one you want to buy has also gone down in value – so you are no better or worse off (and if you are moving up market – which most people do when they move home – in a suppressed property market the gap between what yours is worth and what you will buy gets lower … meaning you will be better off). Many property commentators (including myself) consider a better measure of the health of the property market is the transaction numbers (i.e. the number of people selling and buying). Let’s take a look at the numbers for Tower Hamlets as a whole (including Docklands). The average number of properties sold in Q1 (Jan/Feb/March) between 2008 and 2020 was 289 properties per month, whilst Q1 in 2021 saw 231 properties sell on average per month (boosted by the March stats where an eye watering 327 homes sold). This meant …
20% more houses sold in the Docklands area in Q1 2021 than the 14-year average The average number of properties in Q2 (April/May/June) between 2008 and 2020
was 290 properties per month, whilst Q2 in 2021 saw only 158 properties sell on average per month, meaning …
45.6% less houses sold in the Docklands area in Q2 2021 than the 14-year average Finally, whilst the exact stats for Q3 2021 for our local authority won’t be published by the Land Registry for a couple of months, I can make certain calculated assumptions from the national data published by HMRC. The number of property sales for our local authority area in Q3 (July/August/September) between 2008 and 2020 was on average 336 properties per month. However, using the HMRC data, I calculate there will only be 245 properties sold on average per month in Q3 2021. This means …
26.9% less houses sold in the Docklands area in Q3 2021 than the 14-year average One of the two main drivers of activity in the housing market in the latter half of 2020 (meaning Q1 figures were better than the long-term average) was the battle for space, with many Docklands buyers seeking larger properties to work from home. The second was the short-lived tax relief measures such as the cut to Stamp Duty Tax meaning property prices were at an all-time high. But what also might surprise you is the number of people buying for the first time.
1 in 4 mortgages since lockdown have been for first-time buyers (25.12%) Docklands first-time buyers, buoyed by parental help with their deposits, the Government’s 5%
Continued on page 2
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
29
Continued from page 1 deposit mortgage and ultra-low borrowing costs, have also helped to push house price growth since the start of 2021. In fact, if you split down house price growth between second time (third time etc) buyers and first-time buyers, the national annual house price inflation for first-time buyers is 9.2% compared to 8.1% for the second or third etc buyers.
Yet, the Q2 and Q3 2021 Docklands property market was worse than the long-term Docklands average (in terms of property transactions) The question is – should we be worried? The UK economy continues to deliver a benevolent framework to the British housing market. The labour market has outstripped expectations with the millions expected to join the dole queue at the end of furlough failing to materialise and with the number of job vacancies on the rise. Of course (and I mentioned a lot in my recent posts), the Bank of England is projected to increase interest rates to dampen inflation in the coming months, with further small rises predicted over 2022, so I do expect the demand for property to cool off as mortgage borrowing costs increase. Normally such rises in mortgage costs would mean less property would sell, yet nothing over the last couple of years has been normal. Many Docklands property homeowners have held back putting their property on the market in the last 6 months because they were afraid, they would sell their own home but not find another to buy – thus making them homeless (nothing could be further from the truth – yet that is what a lot of people incorrectly believe).
If the Docklands property market slows and interest rates rise, mortgage costs will still be very low by historical standards. Also, if the obstacle of raising the 5% deposit can be overcome by first-time buyers plus a confidence that existing homeowners won’t be made homeless because of a cooling property market, many more people could be tempted to enter the property market by placing their property for sale first … … thus opening up the market to more buyers – which in turn will drive up transaction numbers back to their normal 14year average. However, raising a deposit is likely to remain the primary obstacle for many. If you are a Docklands homeowner or first-time buyer and want my thoughts on the future, then please do drop me a line. 2022 is going to be an interesting year ahead for the Docklands property market – only time will tell if this will be a brief respite or is it running out of steam? Please tell me your thoughts on what you think will happen. 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
SCAN ME AND READ MORE ARTICLES AT... www.docklandspropertyblog.com
I would like to wish all my loyal readers
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
30
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
THIS WEEK'S HOT PROPERTIES
MILLENIUM HARBOUR, E14
£1,800,000
3
4
A truly unique, three-bedroom, duplex penthouse apartment with mezzanine level 'library' positioned on the top 2 floors of the highly regarded riverside development of Millennium Harbour. EPC 78 | C
GLASSHOUSE GARDENS, E20
£500,000
1
1
A super 23rd floor one bedroom apartment with incredible views in the Glasshouse Gardens development. EPC 83 | B
NEW CAPITAL QUAY, SE10
2
£465,000
1
Bright and spacious, corner apartment set on the 4th floor of Canary View at the exceptionally popular New Capital Quay development on the banks of the River Thames in Greenwich Village.
ROYAL WHARF, E16
£1,175,000
4
4
An enormous four bed townhouse set in the heart of the ever-popular Royal Wharf Riverside Development. This huge 2452 sq. ft property is situated over 4 floors and boasts a garden and two large terraces. The property includes a secure parking space and offers all of the facilities and life style of the fantastic Royal Wharf riverside development in E16. Royal Wharf is conveniently located between Pontoon Dock and Custom House DLR stations with speedy access to Canary Wharf in 12 minutes. EPC 85 | B
WILLIAMSBURG PLAZA, E14
£735,000
3
2
This stunning 16th floor, 3-bed apartment at Roosevelt Tower in Canary Wharf provides a Cosmopolitan lifestyle and superb connectivity. EPC 85 | B
INDIGO MEWS, E14
£675,000
4
2
This four-bedroom family home is set within a quiet close which provides a tranquil location with easy access to Canary Wharf & The City. EPC 71 | C
CHARRINGTON TOWER, E14
£330,000
0
Stunning studio apartment in the ever-desirable Charrington Tower. Fantastic views of the City and superb transport links.
LOOKING TO SELL YOUR PROPERTY IN LONDON? CALL US NOW FOR A FREE MARKET APPRAISAL ON 020 7227 0044
1
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
31
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
THE CRESCENT, SE8
£575,000
3
2
IVY POINT, E3
£490,000
3
2
LONDON CITY ISLAND, E14
£450,000
1
1
Luxury three-bedroom apartment located within easy reach of Greenwich's beautiful open spaces, wellknown amenities and royal attractions. EPC 84 | B
A stunning three-bedroom apartment set on the 5th floor in Ivy Point Building. This spectacular tower rises to 17 stories and is in the heart of Bromley-by-Bow E3.
MyLondonHome are offering a large 587 sq ft onebedroom apartment on the 14th floor with incredible views. EPC 85 | B
BOW COMMON LANE, E14
LINCOLN PLAZA, E14
BARRIER POINT, E16
£425,000
2
2
This well decorated owner-occupied apartment comprises a bright and generous size open plan living room & kitchen, 2 bedrooms and 2 bathrooms.
£775,000
3
2
Dual aspect views towards Canary Wharf and South Quay from this stylish 3-bed apartment located on the 16th floor of Talisman Tower. EPC 84 | B
£450,000
2
This superbly renovated two bed, two bath is a generous 739 sq. ft and has the added benefit of a secure underground parking space. EPC 81 | B
FIND MORE PROPERTIES AT WWW.MYLONDONHOME.COM
2
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
where would you like your brand to be seen
delivering to Docklands
15,000 copies every issue
Image by Victor Huang
32
GIVES YOU MORE POTENTIAL BUYERS, WHICH MEANS A BETTER PRICE FOR YOU.
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com
Call Felicity J Lord Canary Wharf on 020 7987 6776 or visit fjlord.co.uk/flink to learn more.
33
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
The market is moving, isn’t it time you did? Call 020 3941 9966 for a free valuation be part of the Canary Wharf conversation To advertise here call 07944 000 144 or email jess.maddison@wharf-life.com
kiddrapinet.co.uk
34
Wharf Life Dec 8, 2021-Jan 5, 2022 wharf-life.com