Published: 06/06/2021
Over the years, we have seen Royal Docks become a vibrant waterside destination, with brand new developments situated in the area along with London City Airport, which has become one of the busiest airports in the UK.- Within the next decade, the Royal Docks will have 30,000 new homes and will be the epicentre of the East End.
- Royal Docks are one of London’s most up-and-coming examples of post-industrial regeneration.
- Demand increases yearly as tenants are attracted to this part of the city due to its location, facilities, and vibrant lifestyle.
This E16 postcode, nicknamed ‘The Royals’, is one of London’s most exciting regeneration areas. There are fewer areas more attractive and lucrative for investors than Royal Docks, with the bonus of its fantastic location close to the City and Docklands.
£8 billion is being invested in what was once the pulsing heart of the UK’s shipping industry. King George V Dock, Royal Albert Dock, and Royal Victoria were the world’s busiest docklands in the 1800s. The wealth they created helped launch the East End’s development, but sadly, this ended when they were destroyed in the Blitz, de-industrialisation followed, and closure came in 1981.
This multi-scheme regeneration district is the size of central London, from Tower Bridge to Hyde Park. With great new homes under construction and renovations underway to public spaces and streets, Royal Docks is a highly desirable location for the investor, thanks to the increased demand from tenants who are flocking to take advantage of the many attractions this part of London has to offer.
Docklands are home to an ever-increasing community of cosmopolitan bars, cafes, and restaurants, catering to families and young professionals making their homes there. They are the perfect fusion of old and new, with original listed waterfront buildings mixed in with award-winning developments in spectacular riverside settings.
Transport is a crucial ingredient of any successful regeneration, and a new Crossrail station is due to open at Custom House next summer. Transport connections are excellent, with fewer than eleven DLR stations and journey times to Central London of only fifteen minutes. The underground can be accessed via the Jubilee Line at Canning Town, and there are frequent river taxi services.
London City airport is undergoing an upgrade, including quieter planes and constructing a new terminal.
Royal Docks will create a new business district, a shipyard, new high streets, water sports, and approximately seven new residential quarters.
What to do at Royal Docks
- Learn to row at London Regatta Centre or try your hand at wakeboarding or paddleboarding at Wake Up London.
- Try wild swimming at the Open Water Swimming club.
- Use the growing network of waterfront walkways around the docks. Or relax at the small urban beach at Royal Victoria Dock.
- Bow Arts Trust has a space at Royal Albert Wharf with a programme including exhibitions and classes, a book exchange, yoga clubs, and a restaurant.
- Royal Docks Munch all-day street food market (streetfoodmarkets.co.uk).
- Microbrewery Husk Brewing opens at weekends as a bar/restaurant.
- Close to The Crystal at Royal Victoria Dock, The Oiler Bar is on a former Royal Navy refuelling barge.
- Visit Heroica Lounge, a pizza restaurant on a converted double-decker London bus.
Circa London’s team is expert in the Docklands property market. If you are interested in investing in this area or have a London property to sell or let, please contact the team today.
