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CONTENT
GROWTH IN GREENWICH 5
CROSSRAIL’S BIGGEST WINNER 6
INVESTMENT CASE 9
LOCATION 14
INTRODUCING: WELLINGTON QUARTER 17
CGIS 18
DEVELOPER DETAILS 22
SPECIFICATIONS 24
3 GROWTH IN GREENWICH
14% 39% 35%
Population growth between Projected house price growth Projected rental price growth 2016-2026 near Woolwich Crossrail station near Woolwich Crossrail station (2016-2020) (2016-2020)
97,000 50% 5%
Working population Increase in new businesses Deficit in the minimum number forecast by 2041 between 2009-2015 of homes required to meet demand for the next ten years
5 CROSSRAIL’S BIGGEST WINNER Shenfield
Brentwood
Harold Shenfield Demand for housing in Woolwich is rising, due to its Wood affordability and the historic levels of regeneration BRENTWOOD REDBRIDGE Brentwood investment underway. Romford Chadwell Gidea Heath Seven Park Harold The arrival of Crossrail in 2018 will reduce journey Kings Wood Ilford Goodmayes times to Central London from 34 minutes to ISLINGTON Forest BRENTWOOD Gate REDBRIDGE 14 minutes. Out of all 40 Crossrail stations, Woolwich Maryland HAVERING CAMDEN Romford Manor Park Chadwell Gidea tops JLL’s list of house price growth projections. Seven Heath Park Stratford KingsBARKING & HILLINGON EALING Luton TOWER Ilford DAGENHAM Taplow Burnham Gatwick HAMLETS Goodmayes Maidenhead ISLINGTON Forest WESTMINSTER Farringdon Whitechapel Ealing Bond GateNEWHAM HAVERING West Broadway KENSINGTON & Street Maryland Drayton Hanwell CHELSEA CAMDEN Langley Iver CITY OF Manor Park Hayes & HAMMERSMITH & LONDON SLOUGH Southall FULHAM Liverpool Harlington Action Tottenham West Street Stratford BARKING & Slough HILLINGON Main Line Paddington Court Road Ealing Luton TOWER Custom DAGENHAM Taplow Burnham EALING Canary Gatwick Stansted HAMLETSWharf House Maidenhead Southead WESTMINSTER Farringdon Whitechapel Ealing Bond NEWHAM Abbey Wood West Broadway KENSINGTON & Street Drayton Hanwell CHELSEA Langley Iver CITY OF Hayes & HAMMERSMITH & LONDON SLOUGH Southall FULHAM Liverpool Harlington Action Tottenham Woolwich WINDSOR & MAIDENHEAD West Street Slough Main Line Paddington Court Road Ealing T1, 2, 3 Canary Custom Stansted Wharf House Heathrow Southead Metropolitan T4 Abbey Wood Circle Woolwich Hammersmith WINDSOR & MAIDENHEAD & City T1, 2, 3 Bakerloo Heathrow District T4 Piccadilly Central Jubilee DLR Overground
Metropolitan AVERAGE PRICE GROWTH FORECAST Circle Hammersmith & City Bakerloo 10 10 10 District 9 9 9 Piccadilly 8 8 8 CentralMetropolitan Jubilee Circle 7 7 7 DLR Hammersmith 6 6 6 Overground& City 5 5 5 Bakerloo
District % change PA 4 % change PA 4 % change PA 4 Piccadilly 3 3 3 Central 2 2 2 Jubilee 1 1 1 DLR 1 1 1 7 7 7 2 2 2 5 5 5 3 3 3 8 8 8 9 6 9 6 9 6 4 4 4 11 11 11 17 21 21 21 17 17 12 12 12 15 15 15 13 13 13 31 31 31 18 18 18 19 16 19 16 19 16 14 14 14 10 10 10 27 27 27 37 37 37 22 22 22 25 25 25 23 32 23 32 23 32 35 35 35 28 33 33 33 24 24 24 28 28 26 26 26 29 29 29 38 38 38 36 36 36 34 34 34 20 20 20 30 Overground 0 0 0 30 30 Iver Iver Iver Ilford Ilford Ilford Action Action Action Slough Slough Slough Taplow Taplow Taplow Hanwell Hanwell Hanwell Langley Langley Langley Southall Southall Southall Twyford Twyford Twyford Reading Reading Reading Romford Romford Romford Stratford Stratford Stratford Burnham Burnham Burnham Maryland Maryland Maryland Shenfield Shenfield Shenfield Woolwich Woolwich Woolwich Gidea Park Gidea Park Gidea Park Farringdon Farringdon Farringdon Brentwood Brentwood Brentwood Manor Park Manor Park Manor Park Paddington Paddington Paddington Forest Gate Forest Gate Forest Gate Forest West Ealing West West Ealing West Ealing West Goodmayes Goodmayes Goodmayes Bond Street Bond Street Bond Street Maidenhead Maidenhead Maidenhead Seven Kings Seven Kings Seven Seven Kings Seven Whitechapel Whitechapel Whitechapel Abbey Wood Abbey Abbey Wood Abbey Wood Abbey Harold Wood Harold Wood Harold Harold Wood Harold West Drayton West Drayton West West Drayton West Canary Wharf Canary Wharf Canary Wharf Custom House Custom House Custom Custom House Custom Liverpool Street Liverpool Street Liverpool Street Liverpool Chadwell Health Chadwell Health Chadwell Health Chadwell Ealing Broadway Ealing Broadway Ealing Broadway Hayes & Harlington Hayes & Harlington Hayes & Harlington Hayes
Outer WesternOuterInner WesternOuter Western WesternInnerCentral WesternInner WesternSouthCentral EasternCentralSouthInner EasternSouth North Eastern EasternInner NorthInnerOuter Eastern North North Eastern EasternOuter NorthOuter Eastern North Eastern Road Court Tottenham Road Court Tottenham Road Court Tottenham
7 INVESTMENT CASE
SUPPLY
The Mayor’s London Plan is targeting to build a minimum of 26,850 new homes in Greenwich over the next ten years to keep up with employment and economic growth. For years now, housing supply in London has struggled to keep up with demand. Over 42,000 new homes are required per annum for the next two decades and this target is not being met. The imbalance is most severe in areas that offer the most value, like Woolwich.
DEMAND
By 2041, Woolwich Common is projected to see 48% population growth from 2011’s figures, while Woolwich Riverside’s regeneration is driving a population boom of 123%. This forms a combined average growth of 87% for the two wards in which the project lies. In the context of the entire borough, Greenwich’s population will rise 1.7% higher than the London-wide average over the same 30- year period.
9 INVESTMENT CASE
RENTAL MARKET
By 2025, it is estimated that 60% of London’s population will be living in rented accommodation. In Woolwich, rental demand will be even higher at over 70%. Out of all future Crossrail stations, Woolwich is expected to see the second-highest average rental growth at 35% between 2016 to 2020.
GBP
11 INVESTMENT CASE
SALES MARKET
By 2015, average house prices around Woolwich’s Crossrail station had already risen by 31% since Crossrail’s announcement. House prices have increased 13% year-on-year to March 2017 alone. Property prices in Woolwich are set to rise 39% from 2016-2020 – the highest increase forecast out of all 40 Crossrail stations.
AVERAGE HOUSE PRICES 2006 - 20016
GBP
13 WOOLWICH FERRY SERVICE Woolwich South Pier Woolwich Arsenal Pier
Thames Path
Thames Path LOCATION MAP A2204 Thames Path 8 Harlinger St Greenwich Harlinger St Heritage Centre 7 Waterfront Ruston Rd Clockhouse Glass Yard Leisure Centre 10 Community Centres 5 Spindle Cl Spindle Cl SHOPPING Way A206 A206 A206 Warren Ln 11 A206 Hare St Cashmore A206
Venus Rd Saint Mary's Gardens Duke of Wellington Ave 1 The Woolwich Centre Europe Rd New Wine Church
Maud No 1 St Brewers Church Hill Decorator Centres Church Hill Royal Arsenal Powis 12St Myrlle Alley The Cornerstone 2 Greenwich Town Hall A206 Farmers Market Leda Rd Cafe - Royal Arsenal Boneta Rd Euro Car Parts S Circular Rd Kingsman St
Woolwich Greenlaw St Creton St Sunbury St Woolwich Country 3 Woolwich Magistrates Court St. Mary’s Greenlaw St Powis St Lidl Frances St Court & Family Court Dial Arch A206 Gardens Macbean St A206 TK Maxx 6 Tesco London 4 Sainsbury’s 9 A206 Woolwich Express Flood Passage Lord Warwick St Clarks Shoes - Factory Shop Pett St St Mary St Argos Arsenal Way Sunbury St
5 The Royal Artillery Museum The Works Woolwich No 1 St Tivoli Gardens Rectory Pl Marshalls Grove S Circular Rd Lamport Cl 2 Clara Pl McDonald’s WOOLWICH A206 Naval House Woodhill Prospect Vale Marybank Monk St Nando’s - Woolwich 6 Powis Street Shopping Area DOCKYARD Kingsman St St Mary St Lloyds Beresford Sainsbury’s 4 Bank Square 7 Waterfront Leisure Centre Carr Grove Kingsman St Belson Rd Monk St
Belson Rd Parry Pl Calderwood St Samuel Close Castile Rd Halifax Tasty African Food Frances St
8 Greenwich Heritage Centre Woolwich New Rd Cardwell Primary School 3 Charles Grinling Walk Thomas St
Samuel St ROYAL ARSENAL Prospect Vale WOOLWICH Gorman Rd Bathway Spray St 9 Clarks Shoes - Factory Shop Borgard Rd Calderwood St 4 Greens End Polytechnic St Thomas St General Willow Ln Gordon WOOLWICH ARSENAL Rectory Pl Square Frances St Wellington St Market St 2
Whitby Rd Marine Dr 1 Samuel St S Circular Rd Greenwich & Lewisham Vincent Rd COMMUNITY Mulgrave Rd Love Ln Wilmount St John Wilson St Love Ln Young People’s Theatre Woodhill School, Red Barracks Rd Royal Borough Woolwich, London Mulgrave Rd Godfrey Hill of Greenwich Tesco 10 YMCA Thames Gateway Woolwich Woodrow Rectory Pl Wellington St Love Ln Extra Woodhill Godfrey Rd Helen St Wilmount St 3 Woolwich New Rd Sandham Point 11 CFT Cathedral (Ebenezer Building) Frances St Dairy Ln Woolwich Rideout St Mulgrave Pond Woolwich Greenwich Council Anglesea Ave Evangelical Church Arsenal Woolwich County Court & Woodville St Early Years Anglesea Rd Ashlar Pl 12 Maryon Grove Belford Grove St Peter the Family Court Maryon Rd Apostle RC Church Rushgrove St Wellington St
WJ King Vauxhall Masons Hill S Circular Rd Ogilby St Frances St Sandy Hill Ln Mini Market Woodhill B210
B210 Anglesea Rd
SCHOOL Gardens Abbey Autos Centre B210 Hillreach Grand Depot Rd 1 Kidd Pl Pellipar Londis Crescent Rd 1 St Peters Primary School
Woolwich New Rd
The Kings Troop Conduit Rd St Mary Magdalene C Of E Greenhill Terrace Royal Horse Artillery 2 Hillreach Primary School
Sandpit Pl 3 Mulgrave Primary School Crescent Rd
Brookhill Rd Erwood Rd Heathwood Gardens Christ College London, Repository Rd Boyard Rd 4 Woolwich Bloomfield Rd Hillreach Frederick Pl
Sandy Hill Ln The Royal Garrison Church of Saint George S Circular Rd
Burrage Pl TRAVEL TIMES Barrack Field
Woolwich New Rd
Green Hill Brookhill Cl
Hillreach Greenwich Town Hall Green Hill Willenhall Rd Tesco Woolwich Extra Woolwich Foot Tunnel Park Dr Woolwich Arsenal Station Royal Arsenal Woolwich Station The Woolwich Centre (National Rail & DLR) (from 2018) Woolwich Ferry Pier
Repository Rd Rd Hill Sandy Brookhill Rd Brookhill
1 MIN 4 MIN 7 MIN 11 MIN Elmdene Rd Elmdene
Bloonfield Rd
S Circular Rd Nightingale Pl 8 MIN 14 MIN 22 MIN 50 MIN Canary Wharf Station Liverpool St Station Bond St Station Heathrow Airport Station 15 Computer generated images are intended for illustrative purposes only
Bordering Woolwich Riverside and Woolwich Common, Wellington Quarter offers the best of both worlds. The four-block town centre development, located within the commercial heart of vibrant Wellington Street, is only moments from the future Crossrail station. Each high-specification apartment features a spacious interior for comfortable and convenient living.
17 LIVING ROOM & BALCONY
Computer generated images are intended for illustrative purposes only
19 BEDROOM & BATHROOM
Computer generated images are intended for illustrative purposes only
21 DEVELOPER
Harrington Gardens
VISION HOMES
Vision Homes specialises in residential new homes and premier property conversions in and around London. Their state-of-the-art property developments represent excellent opportunities for property Page Mews investments and living. With an aim to consistently apply sleek and innovative design and exceptionally high-specification fit outs, Vision Homes create new property developments that truly stand out.
SE1 Collection - Sadlers Court
23 SPECIFICATIONS
1 & 2 bedroom apartments
Finishes White painted walls and ceilings from Dulux Vinyl wood flooring (tawny oak or frosted birch) Modern Ivory natural tiles, or similar, (bathroom floor and side of bath) Carpet – Velvet type to bedrooms
Kitchen Full range of kitchen units Paula Rosa or similar (symphony or similar) and appliances cooker, hob, extractor hoods, washer / drier, make Bosch or similar.
Bathroom Duravit wall hung basin Kaldawei bath (or similar) Wall hung Duravit WC Wall mounted chrome towel rail Electrical underfloor mat
For more information, please speak to our consultant
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