ROYAL Arsenal Riverside’s newly launched phase in London --- Compass Wharf --- may be ideal for those wanting riverside living with a green space on their doorstep.
Situated on the edge of the River Thames, Compass Wharf offers access to private gardens and is next to the new, beautifully-landscaped Maribor Park.
Launched on Aug 1, a range of contemporary one-, two- and three-bedroom properties and premium apartments are available to buy in Compass Wharf, many with their own lantern balcony or terrace providing stunning panoramic views of either the river, gardens or adjacent parkland.
Compass Wharf is the jewel in the crown of West Quay, the newest riverside neighbourhood at Royal Arsenal Riverside.
Private gardens with mature trees, colourful flowers and manicured lawns are exclusively for residents of West Quay, while next door, the Maribor Park –- the size of 13 Olympic swimming pools –- boasts beautiful landscaping, lush waterways and a sensory garden, adding to the variety of green space to enjoy.
From West Quay, residents can walk straight onto 1km of waterfront paths that run the length of Royal Arsenal Riverside.
“With its own private gardens, its location next to Maribor Park and spectacular views of the River Thames, Compass Wharf ticks all the boxes for those wanting outdoor space at a time when this has never been more important for buyers, ” said Berkeley sales and marketing director Lyndon Nunn.
“Everything is within easy reach at West Quay from on-site facilities, pubs and restaurants to the forthcoming Creative District and new Crossrail station, connecting to Canary Wharf in just eight minutes.
“The West Quay neighbourhood is designed in harmony with the waterfront and intended to maximise views towards the river, with Compass Wharf being one of the best-positioned buildings at Royal Arsenal Riverside.”
The open-plan layouts and floor-to-ceiling double-aspect windows in the units provide an abundance of natural light, while the balconies in many apartments give fantastic views of the Thames and bring a feeling of the outdoors inside.
West Quay residents also have use of The Waterside Club, which combines a 20m pool, sauna and steam room, treatment room and gym. Additional benefits include a cinema room and 24-hour concierge service.
Royal Arsenal Riverside is cosmopolitan and vibrant. Its forthcoming Creative District –- equal in size to London’s South Bank and just as ambitious –- will see new theatres and artist’s studios established on the site, showcasing a variety of arts and entertainment.
The on-site Elizabeth Line (Crossrail) station will add to the list of enviable transport links in the area, which include the Docklands Light Railway, National Rail and on-site Thames Clipper pier, and allow residents to reach central London in 20 minutes and Canary Wharf in just eight.
The regeneration of the historic Royal Arsenal includes stunning conversions of Grade II-listed heritage buildings alongside meticulously designed contemporary homes, with 5,000 new homes plus restaurants, bars, shops, leisure facilities and cultural spaces.
Prices start at £500,000 (RM2.6mil) for a one-bedroom apartment at Compass Wharf. Two-bedroom units start at £635,000 (RM3.3mil) while three-bedroom properties are available from £1,005,000 (RM5.3mil).
"For Malaysians, the forex at RM5.45 represents just below a 20% drop from the peak and with property prices down by 15% to 20% generally, we now see about a 30% to 35% discount overall," said Savills (Malaysia) Sdn Bhd managng director Datuk Seri Paul Khong.
"It is a good time to invest in the UK as the property market is generally on a downtrend during the Covid-19 pandemic with the Brexit events plus the current recessionary times."