L&Q is due to launch Parklands at Barking Riverside this October, with 227 new homes available within one of the most ambitious and significant new developments in the UK.
The first phase to be delivered on site as part of the new masterplan by award winning urban design practice Lifschutz Davidson and Sandilands, Parklands will include 115 Shared Ownership homes, and 112 private sale units.
With a wide selection of homes available, including 1, 2 and 3 bedroom apartments, 2 and 3 bedroom duplexes and 3 and 4 bedroom houses, Parklands will sit alongside a significant new park offering easy access to a new nature reserve, pond habitats and a new adventure play area to the north of the site.
A joint venture between L&Q and The Mayor of London, Barking Riverside is one of Europe’s largest new brownfield developments, covering an impressive 443 acres with 2km of south facing river frontage. The scheme will deliver 10,800 new homes, as well as bring commercial, retail and leisure facilities. New schools, parks and River walkways will all become home to an estimated 30,000 people at the former 1920’s power station site. A target of 50% of homes will be affordable.
Gavin Stewart, Sales & Customer Services Director for L&Q’s East region, comments, “We are pleased to be able to offer such a diverse range of housing within the initial phase at Barking Riverside, which will appeal to a wide variety of buyers who may be priced out of the London market, as well as those looking to move closer to the city from further out of the capital.
“The vision for Barking Riverside makes this development one of the most forward thinking in Europe. The scheme will integrate amazing new technology, such as the UK’s largest automated waste system, and the new spaces and places are being designed to support outdoor activity, health and wellbeing, as part of the sites status as a ‘Healthy New Town’. Purchasing at Parklands gives first time buyers the chance to be part of an emerging new place and get a piece of the next London property hotspot.”
Matt Carpen, Managing Director of Barking Riverside London, master developer of the site, comments: “The investment in area can be seen from the moment you arrive. The excellent bus service, new roads and landscape will soon become part of a new and established place. It will be supported by new Rail and Riverboat services around 2021 that will fully unlock the connectivity of this area. Both the existing and new communities are all part of an amazing piece of London which is being planned for exciting things, like River walks, bird watching, swimming by the Thames and genuine riverside living. The spaces will be engaging and exciting and we look forward to people, new and existing coming to learn about this amazing place.”
James Murray, Deputy Mayor for Housing & Residential Development, comments: “The Mayor is building more social rented and other genuinely affordable homes throughout the capital, and although no-one will fix the housing crisis overnight, large-scale projects like Barking Riverside are an important part of building the homes Londoners need. As our capital’s population continues to grow, City Hall’s investment will create the new transport, education and health services needed to turn this area into a thriving new community. It’s great to see that the first phase will launch this October – it’s exciting for Barking & Dagenham, for London as a whole, and for the Londoners who will make this new part of town their home.”
As the capital’s only ‘Healthy New Town’, Barking Riverside homes will be built around integrated health and wellbeing principles plus services including with a GP surgery, sports facilities, open spaces and parkland. A new ecology centre will also open in 2019, giving local people, and school groups a chance to find out more about the area’s rich ecology and conservation projects.
The completed masterplan will be home to a total of seven schools, with four already open and recently receiving some of the best results in the borough. Riverside Campus is the largest free school campus in the UK, and will offer places for 2600 pupils across a primary, secondary and special educational needs school.
Regular C2C trains run from Dagenham Dock to London Fenchurch Street (24 mins), while a regular bus service currently runs between Barking Riverside and Barking Station (20 mins) and Dagenham Dock (5 mins). Barking is also part of the London Cycle Super Highway, and a Barking Riverside Car Club is already in place.
Creating greater connectivity, in 2021, a new Barking Riverside station will open, part of a £263 million extension to the London Overground by Transport for London.
The first launch at Parklands at Barking Riverside comprises 36 Shared Ownership homes and 31 Private Sale homes. Shared Ownership prices start from £62,500 for a 25% share of a one bedroom apartment (Full Market Value £250,000). Private sale prices start from £285,000 for a one-bedroom apartment available through London Help to Buy.
Initial priority for Shared Ownership homes will be given to those who live and work in the borough.
Register interest at barkingriverside.london; 0208 617 1747