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.
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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.
Featured ArticleOverlooking the waters of the iconic River Thames, the stunning new Tower 5 development at Upper Riverside Greenwich Peninsula is designed to cater for the huge demand for high-quality accommodation in central London. Just minutes from the commercial centers of Canary Wharf and the Square Mile, Upper Riverside looks set to raise the bar for luxury apartments on the Greenwich Peninsula.