731Sq Ft , 2Bedroom
Starting £ 525,000
full Address: Stewart Street, London, London
Completion Date: Q2 2022
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Description
Nestled along the tranquil banks of the River Thames in the vibrant Isle of Dogs, New Union Wharf is a meticulously planned residential development that redefines urban living. This ambitious regeneration project, led by L&Q and designed by Jestico + Whiles, transforms a 1970s estate into a modern haven offering 399 energy-efficient homes, 60% of which are affordable housing, including social rent and shared ownership options.
Architecture and Design
The architectural vision for New Union Wharf seamlessly blends modern aesthetics with practical living. The development features a mix of apartments and maisonettes arranged around landscaped podium courtyards, offering a mix of private and communal outdoor spaces. The design emphasizes natural light, open-plan living areas, and generous storage solutions. Floor-to-ceiling windows and private balconies or winter gardens in each unit ensure residents can enjoy stunning views of the Thames and the iconic O2 Arena.
Living at New Union Wharf means becoming part of a vibrant community. The estate’s layout fosters social interaction through shared gardens, streets, and porches, creating safe spaces for children and promoting neighborly connections. The development also includes a riverside walkway and extensive green spaces, perfect for leisurely strolls and outdoor activities.
Location and Connectivity
Strategically located in East London, New Union Wharf offers unrivaled transport connections. It’s a short walk to South Quay and Crossharbour DLR stations, providing quick access to Canary Wharf, Bank, and Stratford. The central location means residents are never far from the buzzing urban life of London while enjoying the serenity of riverside living .
Shared Ownership Opportunities
New Union Wharf offers a flexible path to homeownership through L&Q’s Shared Ownership scheme. Buyers can purchase a 25% to 75% share of their home, paying a mortgage on the owned portion and subsidized rent on the remainder. This approach lowers the initial cost barrier, making it an attractive option for first-time buyers. As financial circumstances improve, owners have the option to increase their share through a process known as staircasing, eventually owning 100% of their property.
Sustainability and Awards
The development not only focuses on luxury and community but also on sustainability. It holds a BREEAM rating of ‘Very Good,’ highlighting its commitment to energy efficiency and environmentally friendly practices. This dedication to sustainability has earned New Union Wharf several accolades, including recognition at the National Housing Awards and the Housing Design Awards.
Local Amenities
The area surrounding New Union Wharf is rich with amenities. From local supermarkets and cafes to parks and educational institutions, everything is within easy reach. Mudchute Park and Farm, St John’s Park, and Crossrail Place Roof Garden are just some of the green spaces available for outdoor activities. The proximity to Canary Wharf ensures access to world-class shopping, dining, and entertainment options .
Investment Potential
With the dynamic growth of East London, New Union Wharf represents a sound investment opportunity. Property values in the area have shown consistent appreciation, driven by strong demand and ongoing urban development. The combination of attractive living conditions, strategic location, and robust infrastructure support promising returns on investment.
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