Canary Wharf is one of the United Kingdom’s two main financial centres and contains the second tallest building in the country. Over the course of the past decade, Canary Wharf has grown from an overflow district for the cities financial institutions, to become a genuine centre of European finance and commerce. Home to some of the worlds largest financial brands, Canary Wharf is today an integral part of London’s modern day skyline.
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Canary Wharf is one of the United Kingdom’s two main financial centres and contains the second tallest building in the country. As booming business district, both office and residential space are highly sought after.
Known primarily for its business connections, Canary Wharf is a flourishing district which saw the HSBC Tower sell for £1.175 billion in 2014, making it the post expensive sale of a single building in London ever. Part of the Borough of Tower Hamlets, the area contains many of the UK’s premier office spaces and tallest buildings. Commercial property for sale in Canary Wharf is usually snapped up quickly by those keen to be at the centre of the business world.
The area is built off the site of the West India Docks on the Isle Of Dogs and now employs over 100,000 people, with 25% of these living in the surrounding five boroughs of East London. Some of the highest value streets include Blythe’s Wharf, St Lukes Mews, Ropemakers Fields, Westferry Circus and Hertsmere Road. Properties for sale in Canary Wharf tend to sell quickly and attract buyers from the business world. Rental property also enjoys a high value and so property investment in Canary Wharf is a lucrative business.
The area is well served by the Docklands Light Railway, which has three stations in the area, including West India Quay, Canary Wharf and Heron Quays. It also has good links to the nearby London City Airport. The Canary Wharf tube station on the Jubilee underground line is one of the busiest stations on the network.
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The price of property for sale in Canary Wharf has seen an increase of almost 16% in the last year.
The average residential property price is over £470,000 which has increased by £260,000 since 2000. Rental property is also a profitable business in Canary Wharf, with the average weekly rental price of a four bedroom property coming in at £2,495.
With commercial properties for sale in Canary Wharf being so greatly sought after, investment in this area has become a popular option. Whether it is desk space or whole offices, commercial space is a lucrative form of property investment in Canary Wharf.
The area boasts a number of attractions, including the Museum of London Docklands, the historic quays and the impressive high rise business centre.
Canada Square has some of the tallest buildings in the country and produces a striking skyline which can be enjoyed from the Canary Wharf Tower. There is a wide range of restaurants, shops and even ice rinks to enjoy in the area, but one of the biggest entertainment attractions is the nearby O2 arena.
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Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.
We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.
We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.
If you are considering in investing in a property in the North of England, and don’t fancy the ‘hard sell’ approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 337 3890.
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