Property expert Melissa Porter back new homes scheme in Canning Town

Date:

Thursday 19th July 2012

Melissa Porter is a TV presenter and property expert.

TV Presenter and Property expert, Melissa Porter, has backed Canning Town's Vermilion new homes development as a ‘great investment' thanks to it being part of a £3.6bn regeneration programme.

Porter cited affordability as key when considering buying a new home and backed the idea of buying in regeneration zones to make the most of your investment.

She said: "If you're able to get in early enough, buying in a regeneration area could prove to be a smart way of buying in an area which has potential but prices are still low enough for it be deemed accessible and a possible investment.

"Newham in East London, a neighbouring area to the regeneration zones in Stratford, has seen a 5.6% increase in property prices since the development of the Olympic Park. Regeneration zones are known for lifting property values. Other benefits include developed transport links; - Vermilion in Canning Town is close to Canary Wharf and directly linked to the Crossrail Network."

Vermilion's proximity to areas like Canary Wharf and its transport links has already proven popular with homebuyers.

David Caught, residential sales and marketing director for developer English Cities Fund, said: "We know our product is good, a modern stylish building with great eco-credentials and most importantly in a hub of activity - phase two of the Rathbone Market redevelopment of which Vermilion is part, has just been given the go-ahead - a brand new market square and a new library and community hub, not to mention the regeneration activity taking place elsewhere in Canning Town - a brand new Morrisons supermarket is on the horizon and the public will soon benefit from completely redeveloped public realm areas too.

"The face of Canning Town is changing every day and as a developer, we have faith in this area and our product."
Property expert Porter says that she is only all-too aware of how getting the product right is very important. Eco-friendly new homes are particularly big news for consumers at the moment.

She added: "More than ever before the environmental impact of a building is a key consideration for buyers. ‘Eco-buildings' have become increasingly popular in the UK, having taken our leave from Scandinavian and Japanese housing and attitudes towards green-living.

"Aside from doing your bit for the environment, sustainable buildings are also easier on your pocket with homeowners often experiencing cheaper utilities bills due to waste energy being reused and less heat being lost.

"Vermilion is a shining example of how a development in a regeneration area has also set its stall out as a great example of a sustainable building."

New Homes in London

Stapeley Gardens
Stapeley Gardens, London Road, Stapeley, Nantwich, CW5 7LH
NOW AVAILABLE from £218,495
Nestled on the outskirts of the Cheshire countryside, and 1mile from the historic market town of Nantwich you will find Stapeley Gardens. There will...
Edgware Green
Edgware Green, Green Lane, Edgware, Middlesex, HA8 8EH
NOW AVAILABLE from £560,000
Edgware Green offers stylish new houses set in beautifully landscaped gardens on the edge of the Metropolitan Green Belt. Properties come with a...
The Tower At Gwq
The Tower At Gwq, Brentford, Middlesex, TW8 0BW
NOW AVAILABLE from £425,000
The Tower at GWQ is in the award winning Great West Quarter in Brentford within easy reach of fashionable Richmond, Chiswick, Kew and central London...
Kings Acre
Kings Acre, 37-45 Ducks Hill Road, Northwood, Middlesex, HA6 2SB
NOW AVAILABLE from £970,000
Kings Acre is a collection of beautifully crafted 4 and 5 bedroom new homes located in the west London area of Northwood. If you are looking for an...
Bentley Priory
Bentley Priory, The Common, Stanmore, Middlesex, HA7 3HT
NOW AVAILABLE from £824,950
Bentley Priory Stanmore is a prestigious collection of new homes and apartments just 35 minutes from London's Bond Street station, set in a...
Selsdon Heights
Selsdon Heights, Sanderstead, South Croydon, CR2 8RD
NOW AVAILABLE from £320,000
FINAL PLOT AVAILABLE NOW! If you've always promised yourself a new home that's just a little bit extra special, then  viewing our...
Windsor Park
Windsor Park, London Road, Buckingham, Buckinghamshire, MK18 1AB
NOW AVAILABLE from £285,995
On the fringes of rolling Buckinghamshire countryside is a fabulous range of new homes. Located close to flourishing Buckingham, Windsor Park offers...
Sholden Fields
Sholden Fields, London Road, Deal, Kent, CT14 0AD
NOW AVAILABLE from £299,995
Popular development, Sholden Fields is a collection of traditional two, three and four bedroom homes facing open countryside. Set within close...
Windsor Park
Windsor Park, London Road, Buckingham, Buckinghamshire, MK18 1AB
NOW AVAILABLE from £318,995
Windsor Park is a new development on the edge of the historic market town of Buckingham. The development offers a range of quality spacious three,...
Part-Exchange Available
Imperial Grove
Imperial Grove, Camlet Way, Hadley Wood, Greater London, EN4 0NX
NOW AVAILABLE from £1,500,000
A superb selection of newly built homes have been traditionally styled to blend with the original architecture of two stunning refurbished apartments...
Amberley Waterfront, Little Venice
Amberley Waterfront, Amberley Road, Little Venice, London, W9 2JJ
NOW AVAILABLE from £875,000
Amberley Waterfront delivers luxury, relaxation and style in equal measures. A stunning collection of one, two and three-bedroom apartments and...
Kingston Riverside, Kingston Upon Thames
Kingston Riverside, Kingston Upon Thames, Surrey, KT25UT
NOW AVAILABLE from £395,000
Kingston Riverside is Redrow London's new riverside development in Kingston upon Thames. The building presides majestically over the river...