Stepney is one of the most diverse locations in Tower Hamlets. Over the years it has proven to be very popular with various groups of people moving to London from overseas. Firstly the Huguenots arrived from France in the 17th and 18th century, bringing incredible silk weaving skills to the capital. A significant influx of people from Ireland arrived in the 19th century. More recently the area has become attractive to people from across Eastern Europe and Bangladesh.
The property scene in Stepney has always leaned towards the modern. The main reason for this is large sections of the area were destroyed during WWII. Post war council buildings sprung up in the 50s and 60s but many of these are now reaching the end of their lifecycle, resulting in regeneration and modernisation. Ocean Estate is a particularly good example of this.
Older properties in Stepney are generally found in the conservation areas. Albert Gardens is home to some very well preserved Georgian homes. Carlton Square, Ford Square, and York Square all have Victorian houses.
Stepney has a fantastic destination for people who need to commute to Canary Wharf and the City, sitting directly between both areas. The presence of top rated state primary and secondary schools is attractive to families. Investors can take advantage of the fact that the area is highly regarded by such a wide array of property seekers, giving them the chance to find the perfect tenants.
At Finefair we can assist clients looking to purchase properties in this part of Tower Hamlets. We have a lot of experience and always ensure every service is personal and professional. One thing we always explain to investors is that there are a number of options in regards to achieving a return on their properties; we help them to choose the right option.
One choice is council leasing in Tower Hamlets. If offers plenty of benefits and we have a great relationship with the local authority. To find out more about this service or any other please get in touch.