07 Jun 2017
As part of London's Docklands, Poplar has re-emerged in recent years as an up and coming area in East London, with property prices increasing by 11.4% over the last three years [1].
Proving to be a popular location for first time buyers looking for long-term investment, average property price in Poplar is currently almost 40% lower than the London average but this is unlikely to remain so for long with the regeneration programme in place in the area. Such is the location's draw, following a successful launch at the beginning of May, only two and three bedroom apartments remain at Bellway's new development, Lansbury Square in Poplar, E14, available with Help to Buy.
The Poplar district is currently undergoing huge regeneration, including a new £250m masterplan to transform East India Dock, and a £300m overhaul of the historic Chrisp Street Market, making it an extremely sought-after area for homebuyers. Situated in a convenient commuter location in Zone 2 and just over a mile from the financial district of Canary Wharf, Lansbury Square comprises one, two and three bedroom apartments.
Emma Denton, Head of Sales at Bellway Homes Thames Gateway, comments: “Since the launch of Lansbury Square, the initial response has been fantastic. Almost all the one-bedroom properties are now completely sold out and we are expecting the remaining homes to sell fast. I would strongly recommend any prospective buyers looking for a new build home in the up and coming area of Poplar, to act quickly to reserve their ideal home at Lansbury Square.”
All apartments at Lansbury Square feature open-plan living spaces with a high quality specification including integrated kitchen appliances, contemporary fitted family bathrooms and en-suite shower rooms. Most of the homes features private outdoor living spaces in the form of a balcony or terrace and residents will have access to the communal landscaped gardens.
Located in Rifle Street, residents of Lansbury Square will find a wealth of amenities and facilities on their doorstep. The nearest supermarket is less than five minutes' walk away and the famous Chrisp Street Market remains to this day one of London's most vibrant street markets, open six days a week. For leisure time, the O2 Arena can be reached in 10 minutes by car, and the West End is approximately 25 minutes away.
For those who lead an active lifestyle, Poplar Baths Leisure Centre was restored and reopened last summer after almost 30 years, now featuring a brand new pool, gym, fitness studio, sports hall and rooftop football pitch, and is just half a mile away. Located just one-mile away, Mile End Park Stadium offers tennis courts, hockey, football and netball pitches and an athletics track.
Ideal for commuters, Langdon Park DLR station is just a few minutes' walk away and a journey to Canary Wharf takes five minutes. The closest London Underground station is Bromley-By-Bow (District, and Hammersmith & City lines), a 15-minute walk, while major roads include the A12, the East India Dock Road and the A11 are all close by. Transport links will be further improved when Canary Wharf becomes a station on the Crossrail Elizabeth Line.
Prices at Lansbury Square start from £388,995 for a one bed, £509,995 for a two bedroom apartment and from £634,995 for a three bedroom apartment. Selected plots are available with Help to Buy. For further information and to register your interest please call 01689 886431 or visit www.bellway.co.uk.
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For further press information please contact Vicki O'Hare at Oracle Group on 020 8394 2821 or email vicki@oraclepr.co.uk