An Unmissable Investment Opportunity: Dock28, Woolwich
Introduction
Located minutes from the newly-opened Elizabeth line, Dock28 enjoys easy access to the West End, City and Canary Wharf. The Thames Path and historic Woolwich are nearby. Competitively priced, buyers could be paying less on a mortgage than in rent across Zones 1 to 4 and investors can realise high yields and price growth.
Apartments at Dock28 are priced very competitively compared to nearby Greenwich, East London and Greater London. One and two-bed apartments offer excellent value for money, with price savings of 20%, and sizes up to 7% larger compared with the averages for new apartments in London.
A host of transport options at your fingertips
Dock28 benefits from the newly opened Elizabeth Line. Commuting is faster now with direct access onto the Elizabeth Line from Woolwich station, reaching Canary Wharf in 8 minutes and Liverpool Street in 15 minutes. The underground isn’t the only transport available to Dock28 residents. The entire London section of the Thames is accessible by Uber Boat, and London City Airport offers flights for city breaks and holidays to over 30 European destinations.
Huge potential savings...
Buying a property offers the security which comes with owning a home and at Dock28, can work out cheaper than renting. On a square foot basis, the average property at Dock28 costs less than buying within the same travel zone, with the savings rising when compared with Zones 1–3.
Attractive rental yields at over 6%
AS OF AUGUST 2023
The private rental sector in Woolwich is growing, attracting young professionals from central London looking for more affordable rents and an improved quality of life.
Since 2019, the average gross yield for new and nearly new apartments within 1km of Woolwich has increased from 3.4% to 6.0%. For investors looking to purchase a Buy-to-Let property, or those who might require a rental income at a later date, the competitive pricing of Dock28 gives an average gross rental yield of 6.4%.
To find out more about what Dock28 has to offer, download our guide here...
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Dock28
London, London
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No of bedrooms
1-3
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Price
From £325,000
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Est. completion date
October - March 2025
Dock28 is an exciting development comprising 216 studio, one, two and three bedroom apartments and three bedroom duplexes, located in the Royal Borough of Greenwich. These stylish new homes occupy a prime location just a 4 minute walk to the River Thames in the historic naval and military town of Woolwich, named one of the "Best Places To Live" in 2023 by The Sunday Times, with fantastic transport connections on your doorstep. Final homes remaining.