Day: June 5, 2018

Woolwich Becomes Cool – With Regeneration, Affordable New Builds And Multiple Travel Routes

Woolwich has suddenly become “Coolwich”, boosted by a new Crossrail station that’s due to open at the end of this year, and by continuing regeneration at Royal Arsenal Riverside, the splendid old munitions factory being transformed into an 80-acre riverside estate with 5,000 homes.

The South East London town has also gained a new DLR station and riverbus pier, and is becoming a cultural attraction, with art fairs and food festivals, while its previously run-down town centre is getting a facelift.

Posh estate agent Knight Frank has seen the potential and opened a new branch there.

Located

in the Royal Greenwich Borough, Woolwich remains good hunting territory for first-time buyers on a budget, especially with Help to Buy deals.

It’s still up and coming and relatively affordable because it started from such a low base.

Civil servant John Banks and publishing executive Sophie Meads, both 24, bought their first home together at Trinity Walk, a new town centre scheme of flats and houses. Previously they rented in the area.

The couple bought a one-bedroom flat for £355,000 under the Help-to-Buy scheme, requiring a five per cent deposit of £17,750.

“It’s made a huge difference, both in terms of lifestyle and finance,” says John.

Our monthly payments are about £700 a month, plus £150 service charge, which combined is still cheaper than the flat we rented. And this place is much nicer.”

Crossrail is a big bonus, says Sophie. “Not just for commuting to work in central London but for visiting our families in Cambridge, as we’ll be able to get to Liverpool Street to catch the train from there in just 14 minutes whereas now it can easily take an hour.”

Prices from £360,000.

Trinity Walk: a new scheme in Woolwichtown centre (© Saunders / Digital Nation Photography)

With more than 20 listed buildings, a grid of wide avenues and a quarter-mile of river frontage, Royal Arsenal Riverside has cachet.

Its success is largely due to its blend of restored architecture and sympathetically designed new-build blocks.

Pavilion Square, the latest phase, includes duplexes carved from the estate’s oldest building, constructed in 1696 during the reign of William III.

Alongside it are red-brick mansion-style apartment blocks, with prices from £480,000.

Some homes are available for “discount market sale”, with prices starting at £320,000, open to people who already live or work in Greenwich borough.

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Foreign Office Issues Urgent Warning To Holiday Makers Travelling To Turkey

An urgent warning has been issued to holidaymakers travelling from the UK to Turkey this summer.

The UK Foreign Office updated tourists today about heading to the country in light of the upcoming elections.

A statement was sent out today by a Government spokesperson, warning Britons to stay away from large crowds.

The statement said: “Presidential and parliamentary elections will take place on 24 June 2018; this may result in rallies and demonstrations around the country; you should avoid large gatherings and follow the advice of the local authorities.”

Turkey’s snap election was called by the president of 15 years, Recep Tayyip Erdogan, in April, amid rising opposition to his rule and concerns about the economy.

The UK Government already warns against all travel to within 10km of the border with Syria and to the city of Diyarbakir, while additional security measures may apply on any flights to Turkey.

Terrorists are said to be very likely to try to carry out attacks in Turkey, with the majority of attacks occurring in the south and east of the country and in Ankara and Istanbul.

However, some attacks may target western interests and tourists from western countries, particularly in the major cities.

The Foreign Office says: “You should be vigilant, follow the advice of local security authorities, monitor media reports and keep up to date with this travel advice.”

Nevertheless, parts of Turkey are popular tourist destinations, with flights from Newcastle Airport to the likes of Dalaman, Antalya and Bodrum and Istanbul.