With a GDV of around £25 million, the development has a prime river frontage location with views of Canary Wharf, the City and beyond, and is situated on the River Thames on Europe Road, Woolwich, SE18.
The 1.52 acre historical site is 350 meters from Woolwich Dockyard Station, 600 meters from Woolwich town centre and 900 meters from Woolwich Arsenal Crossrail station, with the Woolwich Ferry service located just to the east of the site.
Planning consent was agreed to turn the site into a 15 storey residential scheme comprising 100 residential units of which 80 will be private and 20 affordable housing. It will include an angling club on the ground floor, parking on the first to fourth floors and a roof garden on the fifth floor.
The site, which was originally built to house King Henry VIII’s fleet of ships, today comprises two listed docks and a strip of land running down the middle, which houses the now vacant Aquatics Centre club house. The main feature of the site is stepped basin around the docks, and granite steps which descend into the water.
Major regeneration plans are currently underway in Central Woolwich, as well as the DLR extension and Crossrail.
‘We are delighted to have secured planning consent for a site with such a historical past. Once built, King Henry’s Dock will be a stunning development providing a range of luxury riverside homes and will be instrumental in the regeneration plans for Woolwich,’ said Barry Angel, managing director of Albany Homes International.
