01/12/2022 • Development update
Mount Anvil and JLL achieve speedy sell out at The Bellamy
New homes at The Bellamy in Canary Wharf have all sold within two weeks of launch – with 80% being sold within the first 48 hours.
Brought to market by developer Mount Anvil together with selling agent JLL, the private homes at The Bellamy comprise studio, one- and two-bedroom apartments.
The Bellamy follows similar success at Mount Anvil’s Chelsea Botanica development in West London earlier this year, where 80% of the 133 new homes were reserved within the first week of sales.
The Bellamy’s neighborhood of Canary Wharf has seen one of London’s greatest transformations and is increasingly a popular hunting ground for property buyers and renters. JLL reports that 33% more new homes for sale were reserved in the first half of 2022 compared with the same period in 2019, and increased demand is fuelling rent growth too.
The area is increasingly seen as a leisure and entertainment destination, with a growing number of weekend visitors attracted by its many amenities, which include 125 different cafes, bars, and restaurants. According to TfL data, in 2021 the weekend usage of Canary Wharf station was 73% of the weekday level compared to just 45% in 2019.
The Bellamy is situated to enjoy the many benefits of this destination, including the multi-billion-pound investment in the Docklands’ transport, with the underground, Elizabeth Line, DLR and river bus all within a 15 minute-walk.
As well as the wealth of options for leisure and entertainment in the area, at The Bellamy, residents will enjoy amenities ranging from workspace and fitness facilities, and places to entertain and relax. These include a fitness suite powered by Peloton and a working lounge with meeting rooms and communal desks.
Designed in collaboration with leading architect HTA Design, the first-floor podium garden provides an outdoor space to socialise and relax, with a planting scheme that will encourage biodiversity through native shrubs chosen to attract birds, butterflies and bees.
The interior specification offers a serene and sophisticated space to unwind, designed with rounded corners, fluted textures and composite stone throughout and all apartments also offer sweeping views of the urban skyline from private balconies.
Jon Hall, Group Sales Director at Mount Anvil, comments: “Those that have invested in The Bellamy will be part of the exciting evolution of E16. We are proud to be delivering high quality new homes here that will create a lasting legacy.”
Freya Watson, Director, JLL Residential Development comments: “The new Elizabeth Line is fuelling the ongoing success of Canary Wharf as a magnet for investment for new businesses, investors and residents. As Canary Wharf becomes ever more popular, the demand for homes to rent and to buy will continue to grow.”
The Bellamy is being delivered by Mount Anvil in partnership with housing association One Housing to provide 94 much needed affordable homes, that have been allocated to those on the local housing waiting list or sold through shared ownership.