Nestled in East London, the Royal Docks is a vibrant district with a rich past and a promising future. Spanning the E16 postcode, this area has undergone a significant transformation in the past two decades, particularly in the wake of the 2012 Olympics. Today, it not only boasts the tallest building in the United Kingdom but also houses some of the largest businesses in the country.
Reliable and efficient public transport is a critical facet of any metropolitan area, and the Royal Docks checks this box with aplomb. A key feature of its transport landscape is the Docklands Light Railway (DLR), notable for its impeccable service rate of 99.6%. The availability of such seamless connectivity makes the Royal Docks an appealing destination for residents and businesses alike.
Casting a broader net over the E16 postcode reveals a sweeping wave of regeneration that has touched areas ranging from Canning Town to Woolwich Arsenal. Canning Town, for instance, enjoys the dual benefit of the Jubilee Line and the DLR Lines. This nexus of connectivity positions Canning Town as one of the best-connected stations in London. For instance, the Westfield Stratford shopping hub is just three minutes away. Similarly, city workers employed in the IT and finance sectors find themselves merely 15 minutes away from Bank and Tower Gateway. The Canary Wharf business district is a mere five-minute journey away, making Canning Town a hive of convenience for commuters.
The architectural landscape of the area has morphed dramatically, with the addition of some of the priciest apartments in London, offering splendid views of the Thames and the O2 Arena. Besides residential spaces, the Royal Docks is also home to the London Excel exhibition centre and a plethora of entertainment venues, including pubs, bars, and restaurants, cultivating a lively social scene.
When it comes to renting a property in the Royal Docks, new-build apartments constitute the bulk of the offerings. As expected, rental costs fluctuate based on the size of the property and its location. For example, a penthouse suite in the central business district would command a higher rent.
For anyone considering renting an apartment in the Docklands, it’s imperative to first establish your budget. Prospective renters should remember to account for monthly costs such as council tax, utilities including electricity, gas, and water, and potentially, a maintenance charge. Parking, if required, could incur additional costs, not forgetting London’s congestion charge. Furthermore, be prepared to pay one month’s rent in advance and a security deposit equivalent to a month’s rent upon moving in.
Discussing average rental prices, the narrative remains incomplete without taking into consideration the varied rental range for a one-bedroom apartment. These prices are affected by several factors including the exact location of the property, the age of the building, the condition of the property, and the amenities provided. It’s always best to do your own research or engage with a real estate professional to get a precise understanding of the current rental market in the Royal Docks.
Royal Docks Apartments For Sale
Located in Canning Town, Brunel Street Works is a vibrant new development offering a collection of studio, one, two and three-bedroom apartments. Under the shared ownership scheme, prices for a one-bedroom apartment start at just £106,875 for a 25% share. The development benefits from excellent transport links, with Canning Town station a stone’s throw away. Residents can enjoy an array of on-site amenities, including a cinema room, rooftop gardens, and a gym.
