15/09/2020 • Development update
Mount Anvil launches the final phase of The Silk District
Mount Anvil, in a joint venture partnership with L&Q, is launching its final phase at The Silk District – The Bouchon – in this vibrant development in Whitechapel. The pièce de résistance of the site, it is the tallest building in the development, rising to 25 floors with epic views across Canary Wharf and The City, with Crossrail on the doorstep prices start £445,000. Read more below.
Located where all paths meet at the centre of the development, The Bouchon houses 195 studio, one and two-bedroom homes. Set within a £300m regeneration area, the development is primed for growth, as it enjoys increasing popularity with the new Queen Mary Bart’s Life Science medical research campus, a new Crossrail station, retail and open space all within a 3 minute walk. As such, sole sales agents JLL predict growth levels of 25% by 2024.
Jon Hall, Sales Director at Mount Anvil, comments: “The Bouchon offers would-be buyers the last chance to buy within our development, The Silk District, which is scheduled for completion in spring 2024. Standing tall, The Bouchon is an outstanding building with spectacular views and is only a short commute of The City, Canary Wharf and Old Street. Since we launched the development it has proved popular with young professionals and students working and studying locally.”
Synonymous with the silk trade, Whitechapel harbours an industrial heritage that dates back centuries to the craftsmanship and creativity of the French Huguenots – the silk weaving artisans who settled in the area during the 17th century. This legacy has been suffused into the new phase’s name and identity, which today assimilates the cutting-edge fashion and style for which East London is renowned, creating a stylish collection of homes built to foster a new community.
The Bouchon’s exterior showcases a palette of champagne and light stone panels, with lighter materials like glass and aluminium to create a distinctive tower, enhancing the future townscape of Whitechapel. Inside the colour scheme continues, neutral tones are luxuriated with brushed gold brassware, silk-effect carpet and Terrazzo-effect tiles in the bathroom and living areas. Along with bespoke cabinetry and in the kitchen, statement black porcelain splashbacks with white and gold marbling contrasting the white composite worktops. The layout in each apartment has been considered to make the most of the space and the kitchen is complete with integrated ‘A’ grade appliances.
Claire Brenlund, London Sales Director at L&Q comments, “Whitechapel is a vibrant community in the heart of the East End, together with Mount Anvil, we have enjoyed bringing forward The Silk District with more residential homes commercial units and public realm – including our shared ownership offering which is launching next year. It is an area that is going places, and we are excited to be part of its history.”
Residents at The Bouchon will be able to enjoy first-class amenities including a fully equipped gym with spin studio and rooftop terrace. Residents will also benefit from a WiFi-enabled flexible working space – ideal when working from home, and a 24-hour concierge to keep a busy lifestyle flowing. A screening room, which features full length sofas and a bar area, can be booked out by residents to enjoy a private film viewing or sporting event with like-minded friends. With longer summers, residents will be able to enjoy access to podium and rooftop gardens.
Ideally located between two of London’s largest financial districts, the City and Canary Wharf, Whitechapel is attracting financial professionals, as well as the workers of London’s thriving tech and start-up scene.
Peter Gibney, Director at JLL comments: “There is currently huge appetite to invest in Whitechapel. The area displays a myriad of reasons to have confidence in the continuing price-growth which consistently out performs the wider market. This area was first identified by JLL’s Crossrail tool as offering the highest price growth potential compared with other Crossrail stations. Together with the emerging creative commercial hub and unparalleled convenience of location for both work and leisure, Whitechapel looks set for demand for residential investment opportunities to continue to outstrip supply. Neighbouring high performing areas like Old Street and Spitalfields have seen staggering returns over the last five years, which demonstrates the best is yet to come. The Bouchon offers a great opportunity for savvy buyers and investors, and it’s the last chance to buy in this up-and-coming development.”
Already well-connected given its interchange with the District, Hammersmith & City and Overground lines, residents will also benefit from a fast paced, connected future, thanks to the opening of a new Crossrail station, which is just five minutes’ walk from The Silk District. The Elizabeth line (Crossrail) will supercharge Whitechapel’s convenience, halving journey times to the multitude of business and leisure destinations across London; Canary Wharf will be accessible in three minutes, Bond Street in ten minutes, and London Heathrow in 36 minutes.