Peabody is set to deliver 457 new homes in Newham, E15 including 61 Shared Ownership homes and 80 much needed London Affordable Rent homes in partnership with London Square.
Peabody is delighted to announce Vulcan Wharf, a Joint Venture site in partnership with London Square, set to deliver mixed-tenure homes in Newham East London, E15. The site will consist of 316 private sale homes, 80 London Affordable and a further 61 Shared Ownership homes, a part-buy part-rent government backed scheme aimed at helping first time buyers onto the property ladder.
Vulcan Wharf, which will include a mix of 1, 2 & 3 bed homes across all tenures is set to complete early 2025 with the sales launch for Shared Ownership homes anticipated to take place in 2024.
Vulcan Wharf which currently acts as an industrial use area, will be re-invigorated into a mixed-tenure residential space by award winning architects Veretec, including a communal landscaped gardens with play area and leisure facilities for residential use.
The site is perfectly located with beautiful views over Pudding Mill River, sitting to the south of the recently redeveloped Queen Elizabeth Olympic Park giving future residents access to a variety of leisure activities to enjoy.
Boasting fantastic connectivity, Vulcan Wharf is located within 10 minutes’ walk of Pudding Milll Lane and Bow Church DLR station giving direct access to the District Line via Bromley-by-bow and Bow Road Stations.
For those venturing a more scenic route, residents will be able to enjoy a range of pedestrian and cycle routes along the River Lea, as well as Hackney Greenway cycle route which connects Fish Island Village to the West and Beckton to the East. Nearest bus stops are located on Stratford High St, providing bus routes to Canary Wharf, Ilford, Lewisham, Stratford, Stoke Newington and Plaistow, giving residents connections throughout the capital.
James Mcmylor, Regional Development Director for Peabody commented;
”Peabody is excited to deliver Vulcan Wharf in partnership with London Square to provide much needed London Affordable Rent homes in Newham. The development which comprises of two core sites will also include a selection of Shared Ownership homes giving first time buyers a route onto the property ladder in London, with expected delivery in Early 2025.”
“Located just South of Queen Elizabeth Park and within walking distance to a range of public transport links, Vulcan Wharf is perfectly positioned for residents to discover the plethora of local amenities on offer. Residents will also benefit from spectacular views overlooking Pudding Mill River as well as access to landscaped gardens and play areas. Placemaking is at the heart of Vulcan Wharf, delivering active frontages along the river which includes a new café’ and commercial space, bringing a sense of community into the area”.
Development Address – Vulcan Wharf, Cooks Road, London, E15 2PW
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