1 bedroom apartment for saleThe Pump Tower, Royal Victoria Dock, London
Sold STC £430,000
- Entrance Hall
- Large Reception Room
- Double Bedroom
- 24 hour Concierge
- Communal Landscaped Gardens
- Completion due in Q4 2017
- 643.90 Sq. ft
- £2k reservation
- 10% to exchange contracts,
- further 5% within 6 months
The Pump House is only some 200 metres from one of the new high-speed Crossrail1 stations, which will start its operations in 2018. The Crossrail station will create a transportation interchange with the current DLR Custom House station, cutting times to Canary Wharf to just 4 minutes, Bond Street in 17 minutes and Heathrow Airport in 43 minutes. The Emirates Cable Car2 station that takes passengers from the Royal Docks to the O2 Arena.
The transportation network will also bring regional and international visitors to ExCel London, the largest international convention and venue in London. A £165 million expansion plan has been implemented to create more versatile spaces alongside ExCel London; which, in turn, is generating demand for more premier housing in the vicinity.
Hence, we expect that investors who lock in their purchase now will benefit from strong capital growth.
The Royal Docks enterprise zone has been invigorated by the announcement of the 50-acre Silvertown Quays plan, which will be developed by the Chelsfield group. The plan is a £1.2 billion area transformation which will create some 9,500 jobs and bring an estimated £3 billion worth of economic benefits to London.
Completion due in Q4 2017
Property ref: 121_2483_4159183
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