The UK Treasury has released its first post-Brexit budget, and the most noteworthy point is that starting April 2021, an additional 2% Stamp Duty will be imposed on overseas buyers (non-UK residents). On the same day, the Bank of England cut its base interest rate from 0.75% to 0.25%, meaning a 0.5% reduction in floating mortgage rates. These two major announcements indicate that overseas buyers still have a one-year window period — the coming year will be the best time to buy property in the UK!
To this end, Cushman & Wakefield has specially selected the dark horse investment and residential project in the heart of East London’s Golden Triangle — Royal Eden Docks (Lóngyīn Port), offering an excellent investment opportunity.
Key selling points of the project
▲ Royal Eden Docks Project
Prime location with huge capital appreciation potential
The Royal Eden Docks project enjoys a unique advantage, located southeast of Stratford in East London (host of the London Olympics) — the fastest-growing area in East London and the capital. It stands alongside the City of London and nearby Canary Wharf as the “third business district of London,” and is hailed as the “gateway to global trade.”
Royal Eden Docks is situated in Royal Docks, which spans the River Thames and connects to Woolwich. With nearly 250 acres of water area, it offers a distinctive waterside living experience. The area is also very close to major city landmarks such as Excel International Convention Centre and Canary Wharf. The development is near Victoria DLR Station, and the government is investing nearly £8 billion to develop and regenerate the region.
In addition, the Royal Observatory Greenwich and the National Maritime Museum provide abundant cultural and leisure options for the area.
Excellent transport links, just 3 minutes to the new financial district
The area where Royal Eden Docks is located boasts highly convenient and superior transportation advantages. It takes just 3 minutes to reach CUSTOM HOUSE DLR Station, 4 minutes to Victoria DLR Station, 10 minutes to Liverpool Street, and 15 minutes to Tottenham Court Road. The city centre and the financial district are just a short ride away. The area is also just minutes from London City Airport, and the well-developed transport network opens up numerous lifestyle possibilities.
Notably, the Elizabeth Line (Crossrail) is set to open this year, and as one of its stations, CUSTOM HOUSE will see a significant boost in accessibility.
▲ Commute Time Comparison Before and After Elizabeth Line Opens
Once the Elizabeth Line (Crossrail) is completed, you can reach Canary Wharf in just one stop from CUSTOM HOUSE, and the financial district in 10 minutes. London’s three major business hubs will be connected, drastically reducing commute times and making transportation a key driver of regional development and property value growth.
Transport infrastructure: The Silvertown Tunnel is scheduled to open in 2024, improving traffic conditions in the area and North Greenwich, and shortening travel times across East London.
Royal Eden Docks is close to London’s only urban cable car, the Emirates Air Line, which allows passengers to cross the Thames in just 5 minutes while enjoying stunning views of the river. Meanwhile, London City Airport’s ongoing £500 million upgrade and expansion of international flight routes will facilitate easier travel and direct connections to other European countries.
Hop on the early investment train — an exceptional golden project
Thanks to government investment support and the promotional impact of the 2012 London Olympics, East London has seen rapid population growth, with property prices rising 63% in five years. Major institutions such as Transport for London and the Victoria and Albert Museum have moved in, driving the development of local rents, transport networks, and a talent pool of urban workers, creatives, and entrepreneurs. Experts predict a 21% rise in rents and an 11% increase in property prices over the next five years in the area.
Enjoy the desirable dockside lifestyle in the Royal Albert Dock district of London: in addition to access to nearby international financial, commercial, and educational hubs, the area also features abundant water sports facilities. The safe and clean living environment includes seven-day-a-week public street maintenance. Beaches, surfing, and sailing are just a short walk away; brand-new bars, restaurants, and art centres are nearby; and the Emirates Air Line cable car right at your doorstep provides direct access to the O2 Arena.
In addition, the London government has invested a total of £3.7 billion in infrastructure redevelopment and expansion in this district and surrounding areas. The new round of redevelopment is expected to create 40,000 new jobs in the Royal Albert Dock area.
Future Investment Advantages of the Royal Eden Docks Area
- In 2022, London City Airport’s new £500 million terminal and upgraded runway were completed, increasing its annual passenger capacity from 4.8 million to 6.5 million, and creating numerous job and business opportunities.
- The area will see £100 million invested in streets, public spaces, and riverside scenic areas, opening up 18.4 km of waterfront zones to create a beautiful waterway through Royal Docks.
- Seven million square feet of new commercial space near the river will serve the growing number of people living, working, travelling, and studying in the area.
- Over the next 20 years, £8 billion will be invested in the area, establishing it as London’s newest business district after Canary Wharf and the City of London.
A concentration of prestigious schools with abundant educational resources
British education enjoys an outstanding international reputation and remains at the forefront of educational innovation and creativity, with schools in the UK widely respected worldwide.
The Royal Eden Docks project is surrounded by abundant educational resources, including primary, secondary, and tertiary institutions, offering a variety of school choices for resident families. Within a 5 km radius, there are 30 primary schools, 15 secondary schools, and 3 colleges, all recognised by Ofsted as “Outstanding.”
▲ Distribution of Schools Near the Project
In addition, the Royal Eden Docks project enjoys convenient transportation access to London’s renowned higher education institutions.
■ Just a 14-minute ride takes you to the University of East London
■ Just an 18-minute ride takes you to the University of Greenwich
■ Just a 23-minute ride takes you to University College London
■ Just a 28-minute ride takes you to King's College London
■ Just a 28-minute ride takes you to the University of the Arts London
■ Just a 30-minute ride takes you to the London School of Economics and Political Science
Project Introduction
The Royal Eden Docks project is developed by the long-established London developer Mount Anvil and designed by the globally renowned SOM Architecture, the firm behind New York’s Hudson Yards 35, Dubai’s Burj Khalifa, and Beijing’s China World Trade Center. The resulting residential properties are exquisite works of art that seamlessly blend with their surroundings.
It’s worth mentioning that, despite such high construction quality, the pricing at Royal Eden Docks remains relatively low compared to surrounding areas. For example, the price per square foot in Canary Wharf is £1,260. This price difference, along with the project’s own distinctive features, makes Royal Eden Docks a particularly exceptional value-for-money residential option.
▲ Average Price Comparison
Royal Eden Docks
The project comprises a total of 796 apartments
The initial launch of The Botanist series includes:
14 studio apartments
30 one-bedroom apartments
25 two-bedroom apartments
14 three-bedroom apartments
The apartments come with 17 amenities, including 24-hour concierge service to ensure the safety of your belongings. Additionally, facilities such as a gym, swimming pool, yoga room, sauna, steam room, spin bikes, rooftop running track, home cinema, and shared workspaces are all available.
Swimming Pool
Gym
Cinema Room
The layout of each apartment’s balcony and terrace is thoughtfully designed to maximize visible greenery, making you feel as though you’re stepping into nature as soon as you open the door.
Panoramic floor-to-ceiling windows allow you to better enjoy the beauty of London at night; during the day, they offer excellent natural light, letting you soak up the sun from home. The lighting in the rooms creates a cozy atmosphere, fostering a vibrant living space.
The color palette of the apartments is mainly neutral, with full-house LED downlights and wooden flooring finishes, creating a serene, warm, and comfortable ambiance that seamlessly connects all rooms.
Moreover, the kitchen—arguably the most frequently used space in the home—is fitted with sleek stainless steel undermount sinks to free up more countertop space while maintaining a minimalist style. At the same time, the composite stone countertops are durable, stain-resistant, and scratch-proof, while the cabinet doors feature long-lasting, easy-to-clean painted finishes that require minimal maintenance. All the high-quality appliances installed in the apartments are crafted to artisan-level standards and are highly user-friendly.
The Royal Eden Docks project is located in London’s Royal Docks area, where over 40% of the space is covered by greenery, surrounded by four major ecological parks: King George V Park, New Bentham Park, Royal Victoria Gardens, and Thames Barrier Park.
The community offers IMAX-level greenery within reach, featuring a 5,000㎡ natural landscape garden, and the public green space in the outdoor activity area is equivalent to 20 tennis courts.
Additionally, the ground floor features a tranquil and elegant landscaped garden, along with a rooftop running track. All greenery and ornamental shrubs planted are native species.
The layout of each apartment’s balcony and terrace is thoughtfully designed to maximize visible greenery, making you feel as though you’re stepping into nature as soon as you open the door. In addition to the exquisitely designed green spaces, lighting planning is integrated throughout every stage. As dusk falls, low-level directional lighting illuminates the area, creating a vibrant living and leisure space.
Recommended Floor Plans
▲ Studio Apartment
Gross Internal Area: 51㎡ / Equivalent to domestic construction area: 66.3㎡
Bonus Balcony Area: 7.4㎡
▲ One-Bedroom Apartment
Gross Internal Area: 52㎡ / Equivalent to domestic construction area: 67.6㎡
Bonus Balcony Area: 7.2㎡
▲ Two-Bedroom Apartment
Gross Internal Area: 73㎡ / Equivalent to domestic construction area: 94.9㎡
Bonus Balcony Area: 9.94㎡
▲ Rare North-South Ventilated Layout – Three-Bedroom Apartment
Gross Internal Area: 100㎡ / Equivalent to domestic construction area: 130㎡
Bonus Balcony Area: 10.5㎡
Project Details
Project Name: Royal Eden Docks
Developer: Mount Anvil
Unit Types: Studio, 1/2/3-bedroom apartments
Leasehold: 200 years from April 9, 1999
Down Payment: 10%
Service Charge: £4.54 per square foot
To learn more about the Royal Eden Docks project
Please contact Cushman & Wakefield IPM Marketing (Beijing)
Contact Hotline: 4000500906
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