50% SOLD AT THE BOATHOUSE IN 8 WEEKS

Sep 13 2013

75 new homes just a short distance from Canary Wharf

The Boatyard, London, E14, the latest residential development from Telford Homes, has surpassed the developer’s expectations, with the first building, ‘The Boathouse’, 50% sold in just eight weeks. During the first eight weeks of sales, the development apartments within one of the buildings currently being reserved off-plan. To cope with demand, Telford Homes are releasing the residual apartments in The Boathouse in limited numbers, and you can register to be among the first to hear of future releases.

Consisting of two residential buildings – The Boathouse and The Clubhouse – on Cotall Street and Stainsby Road in Poplar, The Boatyard is comprised of 75 one, two and three-bedroom apartments, offering fantastic views of Bartlett Park, the Limehouse Cut, Canary Wharf and beyond.

The development has seen huge interest from a range of buyers living and working within the area and looking for a home in close proximity to some of London’s most popular neighbourhoods. Canary Wharf, a key employment district and the new leading luxury quarter, is less than 10 minutes by DLR offering a wide and eclectic range of shops, restaurants and bars. Stratford, home to Westfield Stratford City is only 7 minutes by DLR and fashionable Shoreditch is under 20 minutes away.

David Campbell, Group Sales and Marketing Director at Telford Homes, comments:

“We have had a record number of UK based purchasers purchasing properties off-plan, from first time buyers to professional investors who are drawn by the opportunity for capital growth and strong yields of around 6%. Many aspiring homeowners have witnessed prices rising in London over the past six months and are concerned that if they don’t buy now, they won’t be able to secure a well located and priced property.”

Poplar as a general location has benefitted from the wider investment into East London in recent years including £1bn of investments from the 2012 Olympic Games and the opening of Westfield Stratford City, which have both changed the global perception of London’s East End.

Prices start from £365,000 for a two bed apartment with first completions expected in spring 2015.

http://cdn.telfordhomes.net/files/press_releases/2013/boathouse_50_sold.pdf