Is Barking Riverside a good investment?
Is Barking Riverside a good investment?
Barking offers investors excellent value for money. The average property price in Barking and Dagenham is currently around £301,478 according to HM Land Registry data.
Who owns Barking Riverside?
association L&Q
In 2016, housing association L&Q bought out Bellway’s stake in Barking Riverside Ltd, entering into a joint venture with the GLA to deliver the remaining new homes. There will be three neighbourhood centres and when complete in the 2030s, the development as a whole will have a population of approximately 26,000.
Who is building Barking Riverside?
At 140 hectares, Barking Riverside is the UK’s largest residential regeneration scheme. Sheppard Robson was commissioned to prepare the designs for the 45 hectare Stage 1 area, delivering the first 1,400 of 10,800 homes in two character areas – Buzzards Mouth and Ripple Gardens.
What is the Barking Riverside project?
Barking Riverside is the largest housing development in east London, with planning permission for up to 10,800 new homes, as well as healthcare, shopping, community and leisure facilities.
When did Barking Riverside become an opportunity area?
Barking Riverside is part of the London Riverside Opportunity Area. In September 2015 the GLA adopted an Opportunity Area Planning Framework (OAPF) for the London Riverside area, setting out how over 26,000 new homes and 16,000 new jobs will be created for London.
Where is the new Barking Riverside train station?
Barking Riverside lies beside 2km of beautiful south-facing River Thames frontage. The development is located on the bank of the River Thames; east of Canary Wharf, City Airport and the Thames Barrier. In 2021, the new Barking Riverside station will open, part of a £263 million extension to the London Overground.
How many new houses are in Barking Riverside?
The extension – which includes 4.5km of new track – is one of several transport measures designed to serve the emerging development area at Barking Riverside. Barking Riverside is the largest housing development in east London, with planning permission for up to 10,800 new homes, as well as healthcare, shopping, community and leisure facilities.
Is there an extension from Barking Riverside to Gospel Oak?
The Barking Riverside extension will add 4.5km to the London Overground Gospel Oak to Barking line and take it from Barking to a new station at Barking Riverside. The main works are in progress.