Barking Riverside's new waterfront district: Caspian Quarter is first phrase of east London development to be unveiled - with homes starting from £235k

Barking Riverside is a 350-acre regeneration scheme and the first phase, Caspian Quarter, has been unveiled. The new district will boast new schools, shops, GP surgeries, community facilities and a new Barking Riverside Overground station, opening in 2021.

From £234,995: Barking Riverside will house new schools, shops, GP surgeries, community facilities and a new Barking Riverside Overground station

David Spittles20 August 2016

A new riverside district with 11,000 mainly “affordable” new homes seems unlikely in London, where waterfront developments tend to be pricey flats.

But this is Barking, the cheapest borough and the raw end of old east London, beyond Canary Wharf and Stratford, with an industrial legacy of derelict factories, freight depots and power stations clinging to the banks of the Thames.

A potential spin-off is cheap energy captured from surplus power station steam currently dumped in the river.

The latest new homes in London

1/20

Barking Riverside is an ambitious, 350-acre regeneration and the first phase, Caspian Quarter, has been unveiled.

There will be new schools, shops, GP surgeries, community facilities and a new Barking Riverside Overground station, opening in 2021, designed by Moxon Architects, which will connect the project to Barking town centre a mile away.

So while it may be a raw area now, it could appeal to pioneers and is likely to end up on the radar of first-time buyers searching for an affordable address on the Overground map.

Prices from £234,995. Call Bellway on 01245 989989.