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GROWTH IN GREENWICH
CROSSRAIL’S BIGGEST WINNER
INVESTMENT CASE
LOCATION
INTRODUCING: WELLINGTON QUARTER
CGIS
DEVELOPER DETAILS
SPECIFICATIONS
5
6
9
14
17
18
22
24
CONTENT
5
Population growth between 2016-2026
Working population forecast by 2041
Projected house price growth near Woolwich Crossrail station
(2016-2020)
Increase in new businessesbetween 2009-2015
Projected rental price growth near Woolwich Crossrail station
(2016-2020)
Deficit in the minimum number of homes required to meet
demand for the next ten years
97,000
14% 39%
GROWTH IN
GREENWICH
50% 5%
35%
7
CROSSRAIL’SBIGGEST WINNER
AVERAGE PRICE GROWTH FORECAST
Demand for housing in Woolwich is rising, due to its affordability and the historic levels of regeneration investment underway.
The arrival of Crossrail in 2018 will reduce journey times to Central London from 34 minutes to14 minutes. Out of all 40 Crossrail stations, Woolwich tops JLL’s list of house price growth projections.
SLOUGH
WINDSOR & MAIDENHEAD
HILLINGONEALING
CAMDEN
WESTMINSTER
TOWERHAMLETS
CITY OF LONDON
ISLINGTON
NEWHAM
REDBRIDGE
BARKING &DAGENHAM
HAVERING
BRENTWOOD
HA
MM
ERSM
ITH &
FULH
AM
KEN
SING
TON
&
CH
ELSEA
MaidenheadTaplow Burnham
Slough
Langley IverWest Drayton
Hayes &Harlington
Heathrow
T1, 2, 3
T4
SouthallHanwell
EalingBroadway
West Ealing
ActionMain Line
Bond Street
PaddingtonTottenhamCourt Road
LiverpoolStreet
Farringdon Whitechapel
Maryland
Stratford
Manor Park
Forest Gate
Ilford
SevenKings
Goodmayes
RomfordGideaPark
HaroldWood
Brentwood
Shenfield
ChadwellHeath
CanaryWharf
CustomHouse
Abbey Wood
Woolwich
LutonGatwick
StanstedSouthead
Metropolitan
Circle
Bakerloo
District
Piccadilly
Central
Jubilee
DLR
Overground
Hammersmith& City
SLOUGH
WINDSOR & MAIDENHEAD
HILLINGONEALING
CAMDEN
WESTMINSTER
TOWERHAMLETS
CITY OF LONDON
ISLINGTON
NEWHAM
REDBRIDGE
BARKING &DAGENHAM
HAVERING
BRENTWOOD
HA
MM
ERSM
ITH &
FULH
AM
KEN
SING
TON
&
CH
ELSEA
MaidenheadTaplow Burnham
Slough
Langley IverWest Drayton
Hayes &Harlington
Heathrow
T1, 2, 3
T4
SouthallHanwell
EalingBroadway
West Ealing
ActionMain Line
Bond Street
PaddingtonTottenhamCourt Road
LiverpoolStreet
Farringdon Whitechapel
Maryland
Stratford
Manor Park
Forest Gate
Ilford
SevenKings
Goodmayes
RomfordGideaPark
HaroldWood
Brentwood
Shenfield
ChadwellHeath
CanaryWharf
CustomHouse
Abbey Wood
Woolwich
LutonGatwick
StanstedSouthead
Metropolitan
Circle
Bakerloo
District
Piccadilly
Central
Jubilee
DLR
Overground
Hammersmith& City
Metropolitan
Circle
Bakerloo
District
Piccadilly
Central
Jubilee
DLR
Overground
Hammersmith& City
SLOUGH
WINDSOR & MAIDENHEAD
HILLINGONEALING
CAMDEN
WESTMINSTER
TOWERHAMLETS
CITY OF LONDON
ISLINGTON
NEWHAM
REDBRIDGE
BARKING &DAGENHAM
HAVERING
BRENTWOOD
HA
MM
ERSM
ITH &
FULH
AM
KEN
SING
TON
&
CH
ELSEA
MaidenheadTaplow Burnham
Slough
Langley IverWest Drayton
Hayes &Harlington
Heathrow
T1, 2, 3
T4
SouthallHanwell
EalingBroadway
West Ealing
ActionMain Line
Bond Street
PaddingtonTottenhamCourt Road
LiverpoolStreet
Farringdon Whitechapel
Maryland
Stratford
Manor Park
Forest Gate
Ilford
SevenKings
Goodmayes
RomfordGideaPark
HaroldWood
Brentwood
Shenfield
ChadwellHeath
CanaryWharf
CustomHouse
Abbey Wood
Woolwich
LutonGatwick
StanstedSouthead
Metropolitan
Circle
Bakerloo
District
Piccadilly
Central
Jubilee
DLR
Overground
Hammersmith& City
Wo
olw
ich
Wes
t D
rayt
on
Slo
ug
h
Wh
itec
hap
el
Iver
Ab
bey
Wo
od
Mai
den
hea
d
So
uth
all
Wes
t E
alin
g
Eal
ing
Bro
adw
ay
Act
ion
Bu
rnh
am
Lan
gle
y
Han
wel
l
Ro
mfo
rd
Mar
ylan
d
Sh
enfi
eld
Str
atfo
rd
Ch
adw
ell H
ealt
h
Rea
din
g
Tap
low
Hay
es &
Har
ling
ton
Fo
rest
Gat
e
Ilfo
rd
Gid
ea P
ark
Bre
ntw
oo
d
Cu
sto
m H
ou
se
Go
od
may
es
Har
old
Wo
od
Man
or
Par
k
Twyf
ord
Sev
en K
ing
s
Can
ary
Wh
arf
Liv
erp
oo
l Str
eet
Far
rin
gd
on
Tott
enh
am C
ou
rt R
oad
Pad
din
gto
n
Bo
nd
Str
eet
10
9
8
7
6
5
4
3
2
1
0 24 9 6 21 8 25 3 11 13 14 15 5 7 12 34 27 38
26 33 1 4 10 28 30 35 37 23 32
36 29 2 31
22 20 19 18 16 17
% c
han
ge
PA
Outer Western Inner North Eastern Outer North EasternInner Western South EasternCentral
Wo
olw
ich
Wes
t D
rayt
on
Slo
ug
h
Wh
itec
hap
el
Iver
Ab
bey
Wo
od
Mai
den
hea
d
So
uth
all
Wes
t E
alin
g
Eal
ing
Bro
adw
ay
Act
ion
Bu
rnh
am
Lan
gle
y
Han
wel
l
Ro
mfo
rd
Mar
ylan
d
Sh
enfi
eld
Str
atfo
rd
Ch
adw
ell H
ealt
h
Rea
din
g
Tap
low
Hay
es &
Har
ling
ton
Fo
rest
Gat
e
Ilfo
rd
Gid
ea P
ark
Bre
ntw
oo
d
Cu
sto
m H
ou
se
Go
od
may
es
Har
old
Wo
od
Man
or
Par
k
Twyf
ord
Sev
en K
ing
s
Can
ary
Wh
arf
Liv
erp
oo
l Str
eet
Far
rin
gd
on
Tott
enh
am C
ou
rt R
oad
Pad
din
gto
n
Bo
nd
Str
eet
10
9
8
7
6
5
4
3
2
1
0 24 9 6 21 8 25 3 11 13 14 15 5 7 12 34 27 38
26 33 1 4 10 28 30 35 37 23 32
36 29 2 31
22 20 19 18 16 17
% c
han
ge
PA
Outer Western Inner North Eastern Outer North EasternInner Western South EasternCentral
Wo
olw
ich
Wes
t D
rayt
on
Slo
ug
h
Wh
itec
hap
el
Iver
Ab
bey
Wo
od
Mai
den
hea
d
So
uth
all
Wes
t E
alin
g
Eal
ing
Bro
adw
ay
Act
ion
Bu
rnh
am
Lan
gle
y
Han
wel
l
Ro
mfo
rd
Mar
ylan
d
Sh
enfi
eld
Str
atfo
rd
Ch
adw
ell H
ealt
h
Rea
din
g
Tap
low
Hay
es &
Har
ling
ton
Fo
rest
Gat
e
Ilfo
rd
Gid
ea P
ark
Bre
ntw
oo
d
Cu
sto
m H
ou
se
Go
od
may
es
Har
old
Wo
od
Man
or
Par
k
Twyf
ord
Sev
en K
ing
s
Can
ary
Wh
arf
Liv
erp
oo
l Str
eet
Far
rin
gd
on
Tott
enh
am C
ou
rt R
oad
Pad
din
gto
n
Bo
nd
Str
eet
10
9
8
7
6
5
4
3
2
1
0 24 9 6 21 8 25 3 11 13 14 15 5 7 12 34 27 38
26 33 1 4 10 28 30 35 37 23 32
36 29 2 31
22 20 19 18 16 17
% c
han
ge
PA
Outer Western Inner North Eastern Outer North EasternInner Western South EasternCentral
9
The Mayor’s London Plan is targeting to build a minimum of 26,850 new homes in Greenwich over the next ten years to keep up with employment and economic growth.
For years now, housing supply in London has struggled to keep up with demand. Over 42,000 new homes are required per annum for the next two decades and this target is not being met. The imbalance is most severe in areas that offer the most value, like Woolwich.
By 2041, Woolwich Common is projected to see 48% population growth from 2011’s figures, while Woolwich Riverside’s regeneration is driving a population boom of 123%. This forms a combined average growth of 87% for the two wards in which the project lies.
In the context of the entire borough, Greenwich’s population will rise 1.7% higher than the London-wide average over the same 30-year period.
SUPPLY
DEMAND
INVESTMENTCASE
11
INVESTMENTCASE
By 2025, it is estimated that 60% of London’s population will be living in rented accommodation. In Woolwich, rental demand will be even higher at over 70%. Out of all future Crossrail stations, Woolwich is expected to see the second-highest average rental growth at 35% between 2016 to 2020.
RENTAL MARKET
GBP
13
By 2015, average house prices around Woolwich’s Crossrail station had already risen by 31% since Crossrail’s announcement. House prices have increased 13% year-on-year to March 2017 alone.
Property prices in Woolwich are set to rise 39% from 2016-2020 – the highest increase forecast out of all 40 Crossrail stations.
SALES MARKET
INVESTMENTCASE
GBP
AVERAGE HOUSE PRICES 2006 - 20016
15
WOOLWICH FERRY SERVICE
WOOLWICH ARSENAL
WOOLWICHDOCKYARD
ROYAL ARSENAL WOOLWICH
Royal ArsenalFarmers Market
BeresfordSquare
Arsenal Way
Gla
ss Yard
Thames Path
Powis St
Ch
urc
h H
ill
Church Hill
Sunbury St
Willow Ln
St Mary St
St Mary St
Greenlaw
St
Sunb
ury
St
Gre
en
law
St
Powis St
Thomas St
Tho
mas S
t
Love Ln
Love Ln
Love Ln
Sandy Hill Ln
San
dy H
ill Ln
Bro
okh
ill R
d
Bro
okh
ill R
d
Willenhall Rd
Nightingale Pl
Bro
okh
ill C
l
Boyard Rd
Wilm
ount St
Wilm
ount St
Anglesea R
d
Anglesea R
d
Conduit Rd
Frederick Pl
Burrage Pl
Elm
den
e R
d
San
dy H
ill R
d
Blo
on
field
Rd
Ashlar Pl
Polytech
nic S
t
Market S
t
John W
ilson S
t
S C
ircula
r Rd
S C
ircula
r R
d
S C
ircu
lar
Rd
S C
ircu
lar R
d
S C
ircular R
d
S C
ircu
lar
Rd
A206
A220
4
A206
A20
6
A20
6
A206
A206
A206
A206
B210
B210
B210
A206
Clara Pl
Calderwood St
Bathway
Castile Rd
Rep
osito
ry R
d
Repository Rd
Greenhill Terrace
Hillreach
Frances St
Rush
gro
ve St
Marine D
r
Whitby R
d
Frances St
Fra
nces
St
Marshalls Grove
Flood
Passag
e
Fra
nces S
t
Lord Warwick St
Kin
gsm
an
St
Kingsman St
Kingsman St
Recto
ry P
lR
ecto
ry P
l
Recto
ry Pl
Belford G
rove
Charle
s Grin
ling
Walk
Harlinger St
Harlinger St
Spindle Cl Spindle Cl
Boneta Rd
Ven
us
Rd
Eu
rop
e R
d
Mau
d
Way
Cas
hmor
e
Leda Rd
Lamport Cl
Marybank
Red Bar
rack
s Rd
Borgard Rd
Belson Rd
Gor
man
Rd
Mulgrave Rd
Sam
uel S
t
Sam
uel C
lose
Carr Grove
Wo
od
hill
Tivoli Gardens
Prosp
ect V
ale
Pros
pect
Val
e
Ru
ston
Rd
Pett St
Hillreach
Hill
reac
h
Park Dr
Heath
wood
Gard
ens
Calderwood St
Wellin
gton St
Woolw
ich N
ew R
d
Wo
olw
ich
New
Rd
Woolw
ich N
ew R
d
Grand D
epot Rd
Ang
lese
a A
ve
Cresc
ent Rd
Blo
om
field
Rd
Cre
scen
t R
d
Greens E
nd
Wellin
gton St
Wellin
gton St
Thames Path
Myrlle
Alle
y
Monk S
t
Monk S
tH
are
St
Thames Path
Duke of Wellington Ave
Warre
n L
n
Mac
bean S
t
Woolw
ich N
ew
Rd
Spray St
Parry
Pl
Hel
en S
t
Maso
ns
Hill
Vincent Rd
Sand
ham
Po
int
Creton St
No 1
St
No
1 S
t
Dairy Ln
Samuel St
Rideout St
Ogilby St
Pellipar
Gard
en
s
Godfrey Hill
Woodville St
Kidd Pl
Wo
od
hill
Go
dfre
y R
d
Mary
on G
rove
Maryon R
d
Wo
od
hill
Erw
ood R
d
Hillreach
Green Hill
Green H
ill
Sandpit Pl
Wo
od
row
Mulg
rave
Rd
Frances St
A206
Belson Rd
WaterfrontLeisure Centre
GreenwichHeritage Centre
Tesco LondonWoolwich Express
Woolwich CountryCourt & Family Court
New Wine Church
St. Mary’sGardens
Saint Mary's Gardens
The Works Woolwich
WJ King Vauxhall
Mulgrave Pond
Barrack Field
Woodhill School,Woolwich, London
Euro Car PartsWoolwich
BrewersDecorator Centres
ClockhouseCommunity Centres
Cardwell Primary School
Greenwich Council Early Years
Mini Market
WoolwichEvangelical Church
Abbey Autos Centre
The Kings TroopRoyal Horse Artillery
The Royal Garrison Church of Saint George
Londis
McDonald’s
Dial Arch
Tasty African Food
Greenwich & LewishamYoung People’s Theatre
Sainsbury’s
Royal Boroughof Greenwich Tesco
Woolwich Extra
WoolwichArsenal
St Peter theApostle RC Church
Nando’s - Woolwich
The CornerstoneCafe - Royal Arsenal
Lloyds Bank
TK Maxx
Argos
Naval House
Lidl
Clarks Shoes - Factory Shop
General Gordon Square
Woolwich Arsenal PierWoolwich South Pier
Halifax
1
1
2
3
4
5
6
7
8
9
2
3
4
10
11
12
SHOPPING
SCHOOL
COMMUNITY
LOCATION MAP
TRAVEL TIMES
1
2
3
4
5
6
7
8
9
10
11
12
1
2
3
4
15
The Woolwich Centre
Greenwich Town Hall
Woolwich Magistrates Court
Sainsbury’s
The Royal Artillery Museum
Powis Street Shopping Area
Waterfront Leisure Centre
Greenwich Heritage Centre
Clarks Shoes - Factory Shop
YMCA Thames Gateway
CFT Cathedral (Ebenezer Building)
St Peters Primary School
St Mary Magdalene C Of E Primary School
Woolwich County Court & Family Court
Mulgrave Primary School
Christ College London, Woolwich
Greenwich Town Hall
Tesco Woolwich Extra
The Woolwich CentreWoolwich Arsenal Station
(National Rail & DLR)
1 MIN 7 MIN4 MIN
Woolwich Foot Tunnel
Woolwich Ferry Pier
Canary Wharf Station
Royal Arsenal Woolwich Station (from 2018)
11 MIN
8 MINBond St Station
22 MINLiverpool St Station
14 MINHeathrow Airport
Station
50 MIN
17
Bordering Woolwich Riverside and Woolwich Common, Wellington Quarter offers the best of both worlds.
The four-block town centre development, located within the commercial heart of vibrant Wellington Street, is only moments from the future Crossrail station.
Each high-specification apartment features a spacious interior for comfortable and convenient living.
Computer generated images are intended for illustrative purposes only
19
LIVING ROOM& BALCONY
Computer generated images are intended for illustrative purposes only
21
BEDROOM& BATHROOM
Computer generated images are intended for illustrative purposes only
23
DEVELOPER
Vision Homes specialises in residential new homes and premier property conversions
in and around London.
Their state-of-the-art property developments represent excellent opportunities for property
investments and living.
With an aim to consistently apply sleek and innovative design and exceptionally
high-specification fit outs, Vision Homes create new property developments
that truly stand out.
VISION HOMES
Harrington Gardens
Page Mews
SE1 Collection - Sadlers Court
25
1 & 2 bedroom apartments
FinishesWhite painted walls and ceilings from Dulux
Vinyl wood flooring (tawny oak or frosted birch)Modern Ivory natural tiles, or similar, (bathroom floor and side of bath)
Carpet – Velvet type to bedrooms
KitchenFull range of kitchen units Paula Rosa or similar (symphony or similar) and
appliances cooker, hob, extractor hoods, washer / drier, make Bosch or similar.
BathroomDuravit wall hung basin
Kaldawei bath (or similar)Wall hung Duravit WC
Wall mounted chrome towel railElectrical underfloor mat
SPECIFICATIONS