Improved commuting options for buyers in Royal Docks
The Crossrail Custom House station is near ExCel London and is due to open later in the year. The planned schedule of one train every five minutes during peak hours will bring with it a whole host of opportunities for commuters to and from the area.
The commute to Canary Wharf is only one stop away. Furthermore, onward city travel will be easy, giving people in the area a huge advantage. The capacity of the station is 25,000 passengers per day. Longer platforms and larger carriages will give greater comfort to the public.
Strong transport links build very strong communities and this modern train line and station will have a very positive effect on the area over the coming years. The station itself will be a pale and simplistic building with steel frame and a translucent canopy, bringing light in for commuters. It will have easy access to platforms from the entrance. There will also be plenty of cycle parking for those who wish to avail of it.
Increased demand for property for sale in E16
The impact of the Elizabeth line has been a positive one overall for the property market. Furthermore, it is one that is set to continue for the foreseeable future.
The ‘Crossrail Effect’ is already visible in parts of London. Houses within a 15 minute radius of Crossrail stations have had a rise in value. These rises have been noted in parts of London such as Ilford, Seven Kinds and Stratford and all areas in which a Crossrail station has been located. The effect is real. It brings with it modernisation and a stabilising reaction.
Now is a good time to buy in the area, whether you intend to be an owner occupier or a buy-to-let purchaser. If you are going to sell a property, rest assured you will get a return on the price you have paid.
Interested in buying or selling property in Royal Docks?
If you have a property for sale in the Royal Docks or surrounding areas, or are looking for more information on any properties in E16, give our team in Henry Wiltshire a call. We may have the perfect opportunity for you.