Rotherhithe in Southwark has taken the title of the UK’s eighth most lucrative property hotspot. It is a great location that will be of interest to investors. If you are targeting it and need help, you can call on us. We offer the best solutions for estate management in Southwark as well as things like guaranteed rent and council leasing.
The ranking for Rotherhithe is attributed mainly to the area’s regeneration efforts. Most notably, this includes the Canada Water scheme, worth £3.3 billion. It is creating thousands of new homes as well as a range of other amenities.
There were other details that are key factors in the Property Market-Index report too. They include “wonderful transport links to Central London”. Also, there were “stunning views of the river” and “waterfront properties”.
Comments from the Property Market-Index
A spokesperson said that resurgent urban locales were benefiting from regeneration money. The investments are boosting a multitude of areas. Rotherhithe is one of them.
The report also said that Rotherhithe’s property prices are still at bargain levels if you compare to those in neighbouring Docklands boroughs. As a result, buyers should be able to witness their investments grow sufficiently. This is while they enjoy all the advantages of a well-connected area.
Located on the peninsula of the Thames’ south bank, Rotherhithe apparently missed out on the great London Docklands boom. However, it is now benefiting from the £3.3 billion in development cash at the local Canada Water and other projects.
The British Land developed Canada Water Masterplan is gaining approval in stages. At its conclusion it should supply 3,000 new homes. Also, it will offer 2.5 million sq ft of offices. Around 35% of the homes will be affordable. They will either be let at social rent or 80% of market value. This is in line with the planning policies of Southwark.
The report did claim a downside to Rotherhithe was that its social scene was lacking. But, with time this can change. Let us know if you need the top services for estate management Southwark has.
Reasons to live in Rotherhithe
Now that we know more about the regeneration, let’s look at why people enjoy living here.
One reason is the fantastic pubs and restaurants. No neighbourhood is complete without a selection of watering holes and places to eat. Thankfully, this area has some of London’s finest eateries. The Mayflower pub is among the most historic establishments. Another popular place is the Midnight Apothecary. It is a cocktail garden on the rooftops of the Thames Tunnel. For healthy options, there is GreenZen.
Rotherhithe has its fair share of green spaces as well. This sets the area apart from London’s other Riverside neighbourhoods. There are garden spaces as well as nature reserves to make it a pleasant and peaceful place to live. The 5.2 acre Stave Hill Ecological Park is one of the most popular spots. It is a green parkland that attracts all sorts of wildlife. Lavender Pond Nature Reserve is worth a visit too. Plus, the area has access to the Thames.
There are also a number of top attractions here. Rotherhithe might be a predominantly residential area, but it does punch above its weight with things to do. Brunel Museum is one of the most famous venues. It tells the story of the engineering dynasty. Aside from excellent exhibitions, the museum hosts lectures, theatre productions, and concerts. There are also other popular amenities such as Surrey Quays and Surrey Docks Farm.
Work with our team for estate management in Southwark
At Finefair Ltd, we are currently the preferred supplier and framework providers of various London authorities. We promote guaranteed rent and other specialist services for landlords. They can be a fantastic option for your peace of mind, especially if you worry about tenancies, voids, or management issues.
The great thing about working with us is we determine what works for each individual client. It ensures you get what you need every time. So, if you are after the best services for estate management in Southwark, please let us know. We can handle it for you.