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  • Working in Canary Wharf? Best areas to rent nearby

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Dated:
Mar 16, 2023
Read Time:
Topic:
London

Working in Canary Wharf? Best areas to rent nearby

Due to Canary Wharf's convenient location close to the River Thames, commuters from all around London may reach there quickly via Jubilee Line Extension and the Docklands Light Railway.

The demand for rental homes has increased recently in this quickly developing neighbourhood because of its accessibility and proximity to the city.

The area's rental property viewings increased by 124% at the end of 2020 compared to the same period in 2019, and current occupancy rates increased by 58%.

With prices continuing to grow, the Canary Wharf's rental market is presently quite lucrative and is changing quickly.

Living in Canary Wharf

The 97-acre area that the Canary Wharf Estate calls home is included in the region known as Canary Wharf. Additionally, it now encompasses the larger Isle of Dogs peninsula. People used to think of the neighbourhood as a relatively soulless location to work and live.

However, recent changes have given the area great energy and vibrancy. In addition to the numerous new residential complexes, a wider variety of stores, eateries, and cafés has benefited. The Canary Wharf Estate employs more than 100,000 people. Furthermore, an increasing number of people opt to live near their employment.

The majority of the housing complexes at Canary Wharf are elegant, contemporary towers. However, there are some more conventional, suburban-style homes and open spaces on the larger Isle of Dogs peninsula. West India Quay also features beautifully renovated warehouse-style homes.

Places to Rent in Canary Wharf

Here are the five best places in Canary Wharf to rent:

10 Park Drive, E14

Ten Park Drive is a popular Canary Wharf Group development due to its proximity to all kinds of transit and convenient access to the Jubilee line or DLR service. Residents here frequently compliment the property's management staff for their friendliness, dependability, and attention to detail. The city centre is only a 25-minute drive away. There is a Waitrose, a gym, and a gastropub close by.

Sailmakers, E14

Sailmakers by Greystar is a build-to-rent project with 327 units. It is a part of the Harbour Central mixed-use Galliard Homes project. Less than ten minutes will take you to the centre of Canary Wharf from the site's location on the Isle of Dogs, near the River Thames.

Additionally, Canary Wharf's DLR and Underground services, as well as the nearby South Quay DLR, provide access to transportation. Residents have quick access to places like banks and monuments regularly.

Marina Point, 5 Westferry Circus, E14

Residents of Canary Wharf will have access to yet another apartment that offers luxurious living. The homes are chic and roomy, with modern kitchen appliances where you may unwind after work. The structure is distinctive due to the city's stunning views and the prominent East London skyline. Additionally, you can use the shared amenities to stay in shape or unwind with friends.

Water Street, E14

It is a premium riverside building centred on the historic Canary Wharf Pier. The building has 185 magnificent one-, two-, and three-bedroom houses with front-row seats to the River Thames. With excellent transportation options just outside your door and Canada Square only a few minutes away, many stores, restaurants, and bars are nearby.

Dollar Bay, E14

This area offers a unique chance to purchase a brand-new 2- or 3-bedroom flat in London's most cutting-edge and fashionable residential complex. An integrated Hi-Fi system, luxurious baths, and advanced kitchen appliances are all part of the open-plan living space's top-notch finishing.

The outdoor patio provides tenants with sweeping views of Canary Wharf, and the round-the-clock concierge service guarantees they receive the best possible care.

Does Canary Wharf Have Leisure Places?

Canary Wharf is more known for business than for entertainment. The region now offers a variety of leisure activities with possibilities for people of all ages and interests as a result of recent changes.

The Museum of London Docklands opened its doors to the community in 2003. The museum, which highlights River Thames' history and is only a short distance from Canary Wharf, draws lots of tourists to the region every day of the week. Canary Wharf also has an excellent array of parks and natural areas, including Millwall Park, the locals' favourite.

With several boutique shops, prominent merchants, and nearby shopping centres, the region is also a fantastic place to go shopping.

Canary Wharf also offers a wide selection of restaurants and pubs for night-time entertainment. There are establishments in Canary Wharf for any occasion, whether you want a few after-work drinks with friends or you want to enjoy something unique.

The Ivy, Hazev, and Roka are a few well-known eateries. However, there are many choices, and several locations provide stunning city views. Canary Wharf also features a few theatres, including a well-liked Everyman, for a more relaxed experience.

Can You Easily Find Transport in Canary Wharf?

One of London's neighbourhoods with the best transportation options is Canary Wharf. The Jubilee line, which links to every transportation hub in London, is one of the existing networks that serve Canary Wharf. The DLR, East London's sole automated metro system, also provides service to the region.

One of the few stops, Canary Wharf, underwent a significant station renovation for this project, adding a brand-new retail and public area called Crossrail Place. Travellers from Canary Wharf can get to Liverpool Street in only six minutes once services are implemented throughout the metropolis.

Other important sites with quick connections include Heathrow Airport, which is only 39 minutes away, and Paddington in Central London, which is accessible in just 17 minutes.

The Bottom Line – Is it A Perfect Place to Rent?

Many people consider living at Canary Wharf ideal because of the excellent transportation options, close-by employment opportunities, superb leisure opportunities, and reasonably priced homes.

With a wide variety of schools, the region is also highly safe for individuals with families. Few places in London have as much to offer in such an accessible position.

Are you thinking about renting a home in Canary Wharf? Connect with TRPE. Being one of the top rental agencies, we have a wide variety of properties available for buyers and renters. Contact us to discuss your needs, or look through our Canary Wharf real estate listings.

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