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The Silk District

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The Silk District Overview and Details

The Silk District offers an excellent investment opportunity in a neighbourhood that is about to undergo significant changes and has strategic value. Not only does it have the potential for significant capital gains and exceptional rental yields, but it also provides luxurious homes.

The Silk District is a collection of elegant towers and buildings surrounded by beautifully landscaped gardens, offering first-class modern amenities such as a gym, spin room, 24-hour concierge, cinema room, and flexible co-workspace. The interiors have been meticulously designed to create a sophisticated sense of style and community. The living spaces have floor-to-ceiling windows and chic Terrazzo flooring, while the bedrooms have warm wool carpeting and fitted wardrobes subtly lit with LED lighting. The kitchens are equipped with top-of-the-range SMEG appliances. The flexible workspaces offer two zones, one with high tables in natural light for professionals to concentrate and another more casual zone with sofas and a coffee space for reading or conducting meetings.

The Silk District is located equidistant between Canary Wharf and the City of London's financial district, and is just a four-minute walk to Queen Mary University of London. The location has a diverse range of high-quality tenants, from City financial professionals and tech and creative pioneers to affluent international students.

The project is also just a few minutes' walk to Whitechapel, which will be home to the new Crossrail on the Elizabeth line. The Crossrail is a high-speed train line that spans from East to West, and it is London's major infrastructure investment that passes through Whitechapel. This will supercharge the convenience that Whitechapel currently offers and transform the location into a major transport interchange. The entire train station is being upgraded with a green roof garden, as well as larger platforms to provide passengers with a much more comfortable and scenic commute. The trains will run every two and a half minutes during peak times, and passengers will also find Wi-Fi and air conditioning on board.

The council has designed the "Whitechapel Vision," which is the masterplan of the regeneration. One aspect is a focus on rejuvenating the high street and creating green spaces and squares for the public to enjoy. The masterplan of Whitechapel, where The Silk District is located, includes first-class educational and research opportunities, starting with the further development of Queen Mary Medical School to create a globally competitive research center. Health, Bio-Tech, and Life Sciences are regularly cited as sectors that will play an important role in the future of the UK economy. The Mayor of London has made reference to this in his vision, identifying "a growing cluster of academic health science expertise - a 'Med City'." Within the recent years, a number of changes within the locality can be seen, such as the arrival of the new Royal London Hospital and the London Overground line.

A green spine has been designed with the creation of a new north/south green linear park connecting Whitechapel Road and Commercial Road through the "Med City" campus. Street furniture and street lighting will be upgraded, as well as a new church square that features public art and entertainment.

The Whitechapel regeneration is a £300 million plan, making it the next property hotspot in London. With these changes in mind, investors and savvy buyers can expect capital growth and attractive rental potential. Research conducted by Dataloft has shown a 17% increase in the annual price of new homes within regeneration zones from 2012 to 2016. London center is slowly moving east, and Whitechapel is set to become a key London destination.

Whitechapel station is just a three-minute walk away from The Silk District and is already an important interchange on the cusp of Zone 1. Two Tube lines and the Overground connect you to central London in minutes.

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