According to RICS, 83% of surveyors in the UK anticipate demand increasing for homes with gardens in the next two years. Additionally, Ipsos MORI have also found, through a poll, that 49% of people said that since the pandemic started, being near green space has become more important to them. The Wellspring, which is a part of Mount Anvil’s latest collection of homes in the Royal Eden Docks development within ExCel London aims to cater to this new demand and has created homes which all have access to private outside space and views across the green landscaped surroundings.
Standing at 15 storeys high, The Wellspring is a collection of 101 one, two and three-bedroom apartments, with prices starting from £357,000. Launching 15th October, this phase also provides direct access to the roof running track, reflexology walkway and additional communal outdoor gardens which have been designed for yoga, stretching and other exercises.
Jon Hall, Group Sales Director at Mount Anvil, comments:
Health and wellbeing facilities, and access to outdoor space, are now a key priority for anyone buying a new home; and these are available in abundance at The Wellspring. These principles are also at the heart of the regeneration of Royal Eden Docks, as we bring forward 50,000 sq.ft. of designed green space along with state-of-the-art facilities.
Despite the £8bn investment programme in the area, it continues to be one of London’s biggest secrets. With an emphasis on entrepreneurial spirit, it will be home to a collective of small businesses from tech hubs through to independent, experimental eateries and boutiques. For those ahead of the curve, The Wellspring is a strong holistic investment in both the short and long-term.
The Wellspring is located within one of London’s most exciting regeneration districts and construction has begun on the £8bn investment programme which is set to create seven million sq ft. of commercial buildings, with 35,000 new jobs and 4,000 new homes. With over 1,200 acres of land, 250 acres of water and nearly 12 miles of waterfront, it uniquely sits in a meeting point of two growth corridors: an opportunity area and London’s only Enterprise Zone. Moreover, it has received a £314m investment package, approved by the Mayor of London, which has accelerated the regeneration. The new quarter will also benefit from connectivity via: a Crossrail station, London City Airport, and a new port, which makes it uniquely globally connected. According to CBRE, it is projected that by 2023, house prices will grow by 11% and rental growth values by 21%.
Jon Hall, concludes:
This is the third phase, following a previous launch earlier this year. There is real appetite from home owners and investors alike to secure their future in vibrant community-led green scheme. And whilst home working is set to continue to become the norm, there is still a desire to be the hub of metropolitan life, with cafes, bars and experiences including open water swimming in The Thames at Royal Docks.
The Wellspring is a smart brick clad residential scheme, designed by award-winning architects Skidmore, Owing & Merrill. These architects have also designed 35 Hudson Yards in New York, the Burj Khalifa in Dubai and Beijing’s China World Trade Centre.
The studio and one-bedroom apartments, at The Wellspring, have dusk blue cabinetry, with: an integrated combination microwave oven, a fridge freezer and a dishwasher. The two and three-bedroom homes will instead enjoy subtle shiplap cabinetry, celebrating the area’s dockyard heritage in cashmere, with a microwave and oven, a fridge-freezer and dishwasher appliances. Additionally, all apartments will feature composite stone worktops and splashbacks.
Emma Fletcher-Brewer, New Homes Partner at Knight Frank, comments:
Wellspring takes modern London living and raises the bar. 2021 has really highlighted the importance of health and wellbeing, and so to launch a new phase of Royal Eden Docks that puts this at the forefront of everything is a very exciting prospect, and something we think will prove extremely popular with prospective buyers.
Royal Eden Docks offers an array of amenities, including: a business lounge, 24-hour concierge, swimming pool, gym, spin studio, yoga studio, treatment room, and sauna and steam room. The rooftop running track and reflexology walkway is the jewel in the crown and it offers panoramic views of the Royal Docks and the city beyond. A cinema room and entertainment space are also available for hire at the development.
Already well-connected by: bus routes, the DLR and Emirates Air Line, the area offers fast and efficient routes to other stations and it is possible to get to Canary Wharf in just 10 minutes and it is only a three-minute walk to Custom House station (a Crossrail station).
For more information please call 020 3944 8648 or visit www.mountanvil.com/royal-eden-docks.
