You can get £5,000 to move into this ‘bustling mini-village’ in London

Posted by. Posted onOctober 31, 2024 Comments0
Buildings appear in the skyline at London's Victoria Royal Docks, with the clouds different shades of pink, purple and orange
This thriving area is the spot for first time buyers (Credits: Getty Images)

If you’ve never visited Royal Docks in London, head on down very soon – and you might even be tempted to move in.

Not only is this a new but already-established residential and business district, but an exciting leisure destination, offering everything from riverside bars and global cuisine to bouldering and open water swimming.

Once the biggest enclosed docks in the world, Royal Docks became unsustainable in the 1960s as the huge container ships which now carried cargo were unable to navigate so far down the Thames.

Their closure in 1981 created vast unemployment and social problems – but today the area is thriving once again. Just east of Canary Wharf, it is one of the country’s largest regeneration schemes and London’s only Enterprise Zone, giving tax concessions to businesses to encourage investment.

The Mayor of London’s office City Hall relocated to the eye-catching Crystal building in 2022, and major exhibition centre Excel London, London City Airport and the University of East London – crowned University Of The Year for Teaching Quality by the Times and Sunday Times, and first in London for student experience in the latest National Student Survey – are based here, too.

IFS cloud cable cars up in the sky over the River Thames in London
The IFS Cloud cable caris just one way to get around (Credits: Getty Images)

Up to 36,000 homes are being built in Royal Docks, of which a quarter are either underway or complete, including 3,385 at Ballymore’s Royal Wharf. The combination of lifestyle proximity to Canary Wharf and the City, as well as affordability is very appealing to first-time buyers, and with an average age of 32, the borough (Newham) has London’s second youngest population.

What’s more, some developers offer cash incentives to encourage buyers to move in. In some cases, there can be thousands of pounds on offer to help with the cost of transporting and moving all your belongings, and setting up home.

Improved transport links make Royal Docks accessible from anywhere in the capital – it has 11 DLR stations, the Elizabeth Line at Custom House, Uber Boats from Royal Wharf Pier and the IFS Cloud cable car runs to Greenwich Peninsula. Don’t worry if you don’t have a head for heights, as you’ll soon be able to cross the river via the Silvertown Tunnel, which opens next year.

And don’t just take our word for it, residents online are happy with their choice to move. Writing about their home in Royal Wharf, one Reddit user wrote: ‘This is a great place for young professionals and families, with a good vibe and lots going on.’

Meanwhile, another resident of Royal Wharf raved about his living situation. ‘The set up of the Royal Wharf is fantastic – a bustling “mini village” with everything from hairdressers and dentists to local coffee shops and our own spa… The community & people I have met have been incredible too.’

Here’s everything you need to know about the area.

Best places to go in Royal Docks, London

Interior of The Sundown Bar aboard Sunborn London, a floating superyacht hotel
The Sundown bar aboard the Sunborn
  • Best pubs and bars: The Windjammer, for views of the river and the Thames Barrier; The Sundown bar aboard Sunborn London, a floating superyacht hotel; sip cocktails at the Oiler Bar, a converted barge; Galyons Royal Docks is a pub in a Grade II-listed building
  • Best cafes: Little Hudson Café; Nani Café; Well Bean community cafe
  • Best restaurants: Heroica Lounge for pizzas; Kaboom Lounge for Middle Eastern fare; curry at Pier Masala; Nakhon Thai
  • Best green spaces: Thames Barrier Park and Lyle Park
  • Best gyms and sports centre: One Element Docklands – open air fitness in Thames Barrier Park; Rise Climbing rock climbing and bouldering gym; Sportsdock at UEL is open to the public
  • Best for watersports: Wakeboarding and paddleboarding at WakeUp; Love Open Water at Royal Docks Dock
  • Best creative spaces: Art and dance classes at Art In The Dock; Bonbon Pottery Café
Four people water rafting on the thames in Royal Docks in London
There’s no better spot to try some watersports (Credits: Getty Images)

What’s on in Royal Docks, London

  • Royal Victoria Dock Market, Oct 31 to Nov 3: A new market launches with a spooky Halloween special
  • Victoria Dock Parkrun: Every Saturday, 9am
  • Royal Wharf Market: A street food market’s held on the fourth Friday of the month, and a mixed market showcasing arts, crafts and food takes place on the second Sunday
  • The Friends Experience, London Excel, until February 2, 2025: Celebrate the 30th birthday of this much-loved show by immersing yourself in recreated sets



What’s new in Royal Docks

1. Riverscape

Inside the kitchen of a flat in the Latham Building at Riverscape
Sky lounge, concierge and clubhouse with a gym, pool, sauna and jacuzz included (Credits: Michael Tomas)

The final 52 one, two and three-bedroom flats launched on Saturday in the waterfront Latham Building at Riverscape, a 749-home development from Ballymore and Oxley, adjacent to Royal Wharf.

Each home has picture windows and a balcony to make the most of the views, and residents can use Royal Wharf’s amenities – including a sky lounge, concierge and clubhouse with a gym, pool, sauna and jacuzzi. From £430,000, more information can be found at riverscape.co.uk

2. East River Wharf

Cream living room with two sitting chairs and coffee tables adjacent a balcony in East River Wharf
£2,000 cash for those who reserve now! (Picture: Supplied)

A short walk from West Silvertown station, these one, two and three-bedroom shared ownership flats are spread across two buildings within Riverscape and provide full access to Royal Wharf’s facilities.

All come with balconies and kitchens equipped with Siemens appliances.

Currently, £2,000 cash contributions are available but you must reserve by October 31 to benefit.

From £96,875 for a 25% share of £387,500. More information can be found at landgah.com

3. The Silverton

The Silverton One image showing two and three-bedroom flats with balconies, terraces or winter gardens and access to a ninth floor roof terrace and a courtyard garden.
These private flats are move in ready (Picture: visualbank.co.uk)

One, two and three-bedroom flats with balconies, terraces or winter gardens and access to a ninth floor roof terrace and a courtyard garden.

Pontoon Dock station is a six-minute walk and the river and Thames Barrier Park are close by. Homes are ready to move into and interior design packages worth up to £25,000 are on offer. From £350,000. More information can be found at fairview.co.uk

4. Shared ownership at the Silverton

The Silverton One image showing a white living room with white sofa and coffee table
These are kitted out to the same standard as their private counterparts (Picture: visualbank.co.uk)

Recently-launched one, two and three-bedroom shared ownership flats located within the wider development and due to complete next year.

Just like their private sale equivalents, they’re kitted out to a high standard and include plenty of storage and private outside space.

From £96,875 for a 25% of £387,500. More information can be found at Aster.

5. Royal Eden Docks

Stylish and modern bedroom inside a Royal Eden Docks flat
262 homes here are affordable (Picture: mountanvil.visualbank.co.uk)

When complete in 2027, this development by Mount Anvil, in partnership with ExceL London and One Housing, will feature 854 homes.

Near Custom House station, they range from studios to three-bedroom flats, all with outside space, and 262 of them will be affordable.

There are 17 different amenities for residents, including a rooftop running track.

From £378,000. More information can be found at Mount Anvil. mountanvil.com

6. Aqua Gardens, Royal Eden Docks

The bedroom at Aqua Gardens, Royal Eden Docks. You can see the adjacent bathroom and built in wardrobes.
You can opt in to use the 5* facilities too

These one, two and three-bedroom shared ownership flats are part of Royal Eden Docks.

Shared owners can opt in to use the five-star facilities such as the gym, spin and yoga studios, pool, and cinema room as well as the rooftop track.

From £101,250 for 25% of £405,0000. This development also offers buyers a £5,000 cashback incentive is offered on selected plots if you use their recommended solicitor and broker and exchange within 28 days.

More information can be found at onehousing.co.uk

7. Queens Cross

Queens Cross flat interior showing a living space
Every home has a private balcony (Picture: Andrew Beasley Photography)

A scheme of 224 homes: a mix of studio, one, two and three-bedroom flats with private balconies, adjacent to Royal Eden Docks and giving residents use of all the amenities there.

City Hall and Custom House station are only three minutes’ walk away. From £413,000. More information can be found at Mount Anvil.

8. Royal Albert Wharf

Royal Albert Wharf flat showing a balcony
Buy before Christmas and get a £25,000 contribution (Picture: Supplied)

Both private sale and shared ownership one, two and three-bedroom homes are available here, on the eastern side of Royal Docks opposite Gallions Reach station.

Private sale flats start from £375,000 with deposit contributions of up to £25,000 when reserving selected plots before Christmas. Shared ownership are from £91,875 for 25% of £367,500. More information can be found at NHG Homes.

9. Makers Yard

Makers Yard One flat interior
These ones are station adjacent (Picture: Supplied)

One, two and three-bedroom shared ownership flats and duplexes are up for grabs directly opposite the station in nearby Canning Town.

Featuring Bosch appliances, floor to ceiling windows and balconies.

Prices start at £104,375 for 25% of £417,500, by One Housing. Find out more information through site-sales.co.uk

10. SO Resi Canning Town

SO Resi Canning Town kitchen interior
Living in SO Resi comes with plenty of perks (Picture: Supplied)

Three shared ownership flats remain – a one-bedroom and a pair of two-beds, all with balconies – in Manor Park Quarter, a sustainable neighbourhood moments from Canning Town station.

Three years’ car club membership and access to gardens, a wellness studio, multi-purpose entertaining space, lounge and concierge are included.

From £96,125 for 25% of £384,500. Moore information can be found at SO Resi.

11. L&Q at Brunel Street Works

A-bedroom at a shared ownership flat at Brunel Street Works.
Underfloor heating means these flats stay toasty (Picture: Supplied)

The final few one-bedroom shared ownership flats at another Canning Town scheme.

Ready to move into, they have underfloor heating and private outside space, a 24-hour concierge and a communal podium garden.

From £99,375 for a 25% share of £397,500, with incentives of up to £5,000 towards buying costs. Buyers can receive £5,000 on all one bedroom homes
towards moving costs and £3,000 on all two and three bedroom
homes, subject to availability.

More information can be found at lqhomes.com

‘I wouldn’t want to be anywhere else’

When Sophie Gong, an actuary, made the decision to upsize to a larger flat, she didn’t have to look far to find it. For, after living in the Royal Wharf development in Royal Docks for a number of years and seeing the area grow and flourish, she knew she didn’t want to be anywhere else.

Sophie Gong sat in her home
Sophie chose Riverscape to up-size (Credits: Meitu)

So when developers Ballymore and Oxley launched new homes at Riverscape, next door to Royal Wharf, she was immediately interested.

‘I moved into a one-bedroom flat in Royal Wharf at the end of 2018 and hence I know the area and neighbourhood quite well,’ explains Sophie. ‘The launch of Riverscape in 2021 was perfect timing for me, as it was the end of pandemic and I started to actively look for properties.

‘I wanted a two-bedroom home as my dad, who lives in China, comes to stay from time to time and a one-bed wasn’t convenient. I did a couple of viewings in the Riverscape show apartment and I really liked the high spec – and especially the comfort cooling system.’

A view of the London skyline
Look at those river views (Picture: Supplied)

Sophie bought a two-bedroom, sixth floor flat at Riverscape with an enclosed balcony – or ‘winter garden’ – and amazing views of the river. Once settled in, she began personalising her new home.

‘I have re-painted some walls in both my bedrooms and living room to make it bit different,’ she says.

‘Most of my furniture is wood, which makes my flat looks very cosy and my modern sofa matches it very well. And I put artificial grass on the large balcony so it feels a bit like a terrace.’

Sophie’s impressed with how the neighbourhood has changed over the past few years.

Inside a Riverscape flat
Sophie has done some repainting in her flat (Credits: MICHAEL TOMAS)

‘It’s become very convenient to live in,’ she says. ‘There used to be only one Sainsbury’s and one Starbucks in the area. However, now there are a number of restaurants, bars, grocery stores and other services, including NHS clinics, a pharmacy and hairdressers. The community centre holds different events every week and I’ve been to board games nights a couple of times as well as art classes. And I have been going to bouldering at Rise Climbing, which is great fun!’

The improvements to public transport have gone down well, too. ‘It’s convenient for me to travel to work and but also a quiet neighbourhood to work from home,’ adds Sophie.

‘It has the Elizabeth line and DLR and bus 241 travels to Stratford and also stops at Custom House station. Additionally, the Uber boat stops at Royal Wharf dock, which makes travelling to central London, the O2 or Greenwich, easy and exciting.

For me, the location of my Riverscape home is perfect.’

One, two and three-bedroom homes launched in the Latham building at Riverscape last weekend. Overlooking Lyle Park and the Thames, prices start at £430,000 and two-bedroom flats are from £xxx, for more information visit Riverscape.

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