Jade Wharf launch in Wapping: Prime investment gem in London E1

Discover the charm of London Dock with St George’s latest development, presenting an exciting investment potential in the historic heart of Wapping, E1. Boasting iconic landmarks such as the Tower of London, Tower Bridge, and St Katharine Docks within a short reach, this property development seamlessly intertwines high-end residential and commercial areas with convenient Zone 1 proximity. Located just a stone’s throw away from Shadwell DLR and the Elizabeth Line at Whitechapel, residents can easily access Canary Wharf, the City, and other major business districts for convenient travel.

Investors seeking solid rental demand and attractive yields can see this prime development as a dream opportunity. During the first quarter of 2024, there was already a 12.8% increase in new registrations. We also noted that 78% of tenants are choosing to renew their leases for a second or third year, while 21% are opting to extend their leases for more than three years.

Why should you invest in London Dock?

Strong rental demand

The demand from tenants for properties listed in London Dock is high, with an average of 16 applicants registering per property. The majority of applicants are professionals in finance, legal, and diplomatic sectors. This is a great choice for investors looking for top-notch tenants. Several London Dock tenants have renewed their leases after the initial term, showing the development’s high quality and popularity.

Premium rental yields

One-bedroom apartments in London Dock rent for up to £3,400 per month, Two-bedroom units for up to £5,525, and three-bedroom apartments for as much as £7,500. The statistics show that the rental market has great potential, with an estimated average annual yield of around 5%, making it an attractive choice for landlords and investors.

Exceptional facilities and outdoor spaces

Apartments at London Dock Wapping offer high-quality features like underfloor heating, wireless lighting, and premium finishes to provide a top-tier living experience. The development includes luxury hotel-quality resident’ amenities including a 24-hour concierge, well-equipped gym, swimming pool, squash court, virtual golf suite and screening room.

Also, the Mauretania Lounge, inspired by the RMS Mauretania features themed sections such as The Oceanic Lounge including a tall aquarium. Further benefits include 7.5 acres of landscaped green spaces with water features and seating, promoting a healthy lifestyle and fostering community interaction.

Zone 1 prime location and seamless connectivity

In the post-Covid era, confidence is returning to the City as professionals head back to their offices. With excellent commuting options, accessing not only workplaces but various locations has never been easier. Just a short walk from London’s financial hub, the Square Mile, the Elizabeth Line offers a quick 4-minute connection between Whitechapel and Canary Wharf, as well as a 3-minute link to Liverpool Street. Additionally, the Shadwell DLR provides fast access to the Bank in just 3 minutes and the City Airport in 18 minutes.

Growing interest in investment opportunities

Recent data highlights the increasing tenant attention towards this area. There was a remarkable 28.2% rise in rental inquiries in the first quarter of 2023 compared to the previous year and a staggering 71% surge in international corporate tenant inquiries in the third quarter of 2024. With strong rental demand from professionals working nearby and its proximity to the city, London Dock has become undeniably popular as an investment choice.

Introducing Jade Wharf- a new phase of opportunity

London Dock’s latest phase, Jade Wharf, is gearing for launch this November, featuring some stylish apartments, available in Manhattan, one, two, and three-bedroom options. Every unit is meticulously designed with high-quality finishes by the renowned architect Patel Taylor.

The property development is set to be completed from Q4 2026 and has excellent specifications, including 2.5-meter ceiling heights which create a spacious feel. The Cashmere Lounge offers an informal workspace, supporting the growing need for remote working facilities.

The residences provide a spacious living area and are situated in a sought-after location with a rich historical significance. This offers luxurious housing choices for individuals, such as professionals and corporate tenants, who value comfort and a prestigious location. Tenants will also have the opportunity to enjoy beautifully landscaped gardens and the lively commercial area of the complex, offering a variety of dining options, cafes, and shops.

Be a part of the exclusive Jade Wharf launch event

Join us on 2 November 2024, for the public launch of Jade Wharf, London’s latest gem, at Marina Bay Financial Centre, Tower 2. Explore unique investment opportunities and connect with advisors as we launch this exciting new development. With great investment opportunities, high demand and tenant renewals at London Dock, you wouldn’t want to miss this sought-after development! Contact us to know more!

Statistics source: Benham & Reeves Summer, 2024