London's new homes market is one of the most lucrative property investment markets in the world, which attracts people from across the globe. But where are the most popular new developments for 2018's buyers? Here we talk you through five of our favourite new homes developments that have great potential for investors and homebuyers.
Goodluck Hope, Canary Wharf, E14
Goodluck Hope is not just a housing development, but a destination that includes trendy facilities with a focus on the local community and east London's industrial heritage.
Described as a lifestyle development, these types of regeneration schemes are becoming popular with both construction companies and homebuyers, who are looking to invest in something more than just a property. Today's buyers and renters expect to find exactly what they want in the vicinity of where they live and developers have responded to this demand.
Goodluck Hope will be built in the style of the warehouses that once existed on the site, with the interiors of the apartments reflecting this industrial aesthetic. A private residents' club and a microbrewery are just some of the facilities available in the development.
Prices start from £392,500 and the first stages will be completed in 2019.
Woodberry Down, Finsbury Park, N4
Right next to Woodberry Wetlands, Woodberry Down is currently one of London's largest regeneration projects, which is part of a wider transformation of the Manor Park area.
The 64-acre development overlooking the nature reserve will include local amenities, such as cafes and supermarkets to support the 5,500 new homes that are being constructed. But what's really impressive is the development's efforts to minimise the impact the construction will have on the local wildlife and incorporate nature into the design.
Part of the luxury appeal is the 24-hour concierge service and gym and spa for residents to enjoy, as well as Manor House Underground Station just a short walk away. Journeys to King's Cross St. Pancras take just 10 minutes and to Covent Garden only 16 minutes.
Prices start from £495,000 and full completion is set for 2030, with some stages already completed.
Wellington Quarter, Woolwich, SE18
We've spoken to you before about why Woolwich is a great place to invest and this is mainly because the area will be soon be accessible on the Elizabeth Line. With lots of housing developments under construction at the moment, Wellington Quarter is one of our top picks.
Situated close to Woolwich Arsenal Station – which provides services to London Bridge and Cannon Street in less than half an hour – the development comprises one, two and three bedroom apartments that all include outside space and high-spec fixtures and fittings.
Prices start from £392,000 and it is expected to be completed in autumn 2019.
VIDA Apartments, East Acton, W3
VIDA Apartments is one of the latest sites to be constructed in Acton and features in this list of the most popular new developments for 2018 because the area has great investment potential.
Situated inside zones 2 and 3, Acton is close to Shepherd's Bush, which is west London's most popular retail hotspot and has great commuter appeal. East Acton Underground Station gives access to the Central line and three additional train stations provide links to places such as Willesden Junction, Paddington and Hackney, to name but a few. The Elizabeth line will also be opening at Acton Mainline Station in December 2019.
The apartments feature underfloor heating and secure visual entry and come with a 10 year NHBC warranty and 250 year lease.
Prices start from £450,000 and it is set to complete in April 2018
River Wandle, Hackbridge, SM6
Situated in the south London suburb of Hackbridge, River Wandle Apartments offer great investment potential and are aptly named due to their pretty setting on the River Wandle.
£150 million is being spent on regenerating the local area, which is set to make this part of London a popular spot for those commuting into central London. It takes just 26 minutes to get to London Victoria from nearby Hackbridge Station, which goes through Clapham Junction and it's around 30 minutes to get to Blackfriars.
There's a choice of one and two bedroom apartments and each property has a 250 year lease.
Prices start from £190,000 and completion is set for autumn 2018.
