Published: 12/12/2023
Living in Royal Docks: The Heart of East London's RegenerationOver the years, the Royal Docks have transformed into one of London's most vibrant and sought-after waterside destinations. Situated within the E16 postcode, nicknamed 'The Royals,' this area boasts a mix of exciting new developments alongside rich maritime history. Once the bustling center of the UK's shipping industry, Royal Docks has evolved into a highly desirable residential and business hub with world-class facilities, dynamic lifestyle options, and excellent transport connections.
A Thriving Waterside Destination
The Royal Docks, located just east of Canary Wharf, are rapidly becoming one of the most popular areas for both residents and investors alike. With London City Airport nearby, which has grown to become one of the busiest airports in the UK, it's no surprise that demand in this area continues to rise. The East End's regeneration is gaining momentum, and in the next decade, the Royal Docks will see 30,000 new homes built, making it the epicentre of development in East London.
Once a bustling hub for the UK's shipping industry, Royal Docks consists of historic landmarks like King George V Dock, Royal Albert Dock, and Royal Victoria Dock, which were once among the busiest docklands in the world. Sadly, the area suffered during the Blitz and later experienced de-industrialisation, which led to its closure in 1981. However, today, £8 billion is being invested in this area, bringing it back to life as a thriving mixed-use district.
Regeneration and Investment Potential
Royal Docks is one of London's most notable examples of post-industrial regeneration, with significant investments in residential and commercial developments. The area is expanding rapidly, with the size of the regeneration district comparable to that of central London, from Tower Bridge to Hyde Park. This includes brand-new homes, renovated public spaces, and impressive new architecture, making it an attractive option for investors.
As the Royal Docks undergo major transformations, the demand for high-quality rental properties is growing, especially from young professionals and families seeking a dynamic yet peaceful lifestyle by the water. With new shops, restaurants, and cafes opening regularly, this part of East London is fast becoming trendy to live and work.
Transport and Accessibility
One key reason for the Royal Docks' increasing popularity is its excellent transport links. A new Elizabeth Line station has opened at Custom House, further improving accessibility. With under 11 DLR stations and journey times to Central London in just 15 minutes, it's easy for residents to commute to places like Canary Wharf, the City of London, and beyond. The nearby Jubilee Line at Canning Town also offers quick connections to key parts of the capital.
River taxi services and the ongoing upgrade to London City Airport, including quieter planes and a new terminal, make this an incredibly well-connected location for residents and businesses alike.
Things to Do in Royal Docks
There is never a dull moment in the Royal Docks, where watersports enthusiasts and urban explorers alike can find plenty to do. Try your hand at wakeboarding or paddleboarding at Wake Up London, or join the London Regatta Centre to learn to row. The Open Water Swimming Club offers wild swimming opportunities in the docks, while the newly developed waterfront walkways provide a scenic route for leisurely strolls.
Royal Docks is also home to a growing arts and culture scene. The Bow Arts Trust, located at Royal Albert Wharf, hosts exhibitions, yoga classes, and even a book exchange. Meanwhile, the Royal Docks Munch all-day street food market is perfect for food lovers, and Husk Brewing operates as a weekend microbrewery, offering craft beers alongside delicious food.
For a unique experience, head to The Oiler Bar, a former Royal Navy refueling barge, now a quirky spot for a drink, or try Heroica Lounge, a pizza restaurant housed in a converted double-decker London bus.
A Great Investment Opportunity
As part of the Royal Docks Enterprise Zone – the only one in London – this area has significant potential for future growth. Investors are keen to capitalise on the high demand for properties in the area, making it a highly profitable location. With major regeneration projects underway, the Royal Docks are set to become one of the best areas to live and invest in East London.
Whether you're interested in buying, selling, or letting a property in the Royal Docks, Circa London Estate Agents has the expertise to help. Our team specialises in properties across the Docklands, including Canary Wharf, Surrey Quays, Greenwich Peninsula, and Central London. Contact Circa London today to discuss your property needs or investment opportunities in this exciting and fast-developing area.