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HELP TO BUY LAUNCHES AT GALLIONS PLACE, E16 - London TV

HELP TO BUY LAUNCHES AT GALLIONS PLACE, E16

Located in Royal Albert Wharf, within the Royal Docks regeneration area, Gallions Place is a new riverside community which brings the best of urban living in a reimagined corner of historic East London. The scheme from Vistry Ventures and Notting Hill Genesis is made up of three separate apartment buildings – Cargo House, Grain Apartments and Galyon Point. Less than a year away from completion, Help to Buy is available, with prices starting at £370,000 for a one bedroom, £430,000 for a two bedroom, and £605,000 for a three bedroom apartment; with a launch event for buyers on Saturday 6th November 2021.

The new show apartment and marketing suite at Gallions Place is located in Cargo House on Atlantis Avenue, open from Thursday 7th October 2021 it is a chance for buyers to see the finishing touches and quality available by Vistry. Each apartment will be complete with white or pearl grey gloss cabinetry, with Silestone worktops with matching upstands and Zanussi integrated appliances including, dishwasher and fridge freeze. Zanussi washer dryers are located within a separate utility cupboard.

Jai Gill, Associate Sales Director at Vistry Ventures comments, “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 Help-to-Buy 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” adds Jai Gill.

Further to its being situated adjacent to the station, Gallions Place also forms the epicentre of the community with retail space and conveniences on ground level. It is anticipated to be home to a restaurant with café-sprawl square seating with public realm designed for play along with a MUGA (multi-sports games pitch), ideal for lazy Sunday morning dates with the newspaper and a coffee.

Once the largest enclosed dock in the world, the Royal Docks area is undergoing a huge transformation with the unlocking of 12 miles of waterside living and £8billion worth of investment. Moving away from its maritime and mercantile history, ABP have created a tech-driven campus. The area sits within London’s only Enterprise Zone, which is facilitating the creation of 35,000 new jobs locally. ONS data reveals that the area has enjoyed 97% house price growth over the last decade.

“Vistry have a reputation in bringing forward quality homes and Gallions Place is no exception. These homes are competitively priced and accessible to first time buyers which will aid its popularity” comments Will Castle, Associate Director at CBRE, “Recent research from CBRE suggests price growth in Newham of 20% over the next five years. The area is flourishing, welcoming new restaurants and businesses across its flexible workspaces and studios, and Gallions Place presents the opportunity to be part of it.”

Vistry Ventures, part of the FTSE 250 listed Vistry Group is one of the top five housebuilders in the UK.

Located in Zone 3, Gallions Place is moments from Gallions Reach DLR station which has superb links into Canary Wharf and beyond. Just a few stops from Custom House, residents will also enjoy Crossrail Links connecting Royal Docks with Heathrow, central London in addition to Stratford International and beyond. It is also less than a 10 minute drive from City Airport, for those looking for easy access to the continent.