Tower Hamlets Letting Agents


Tower Hamlets is an up and coming borough benefiting from significant regeneration investment. Rentify can help you make the most of your letting with our handy borough guide.

Introduction

Letting property in Tower Hamlets

At Rentify we have property specialists dedicated to Tower Hamlets, armed with local expertise and unmatched valuation knowledge to find you the right tenants.

As a host borough to the London 2012 Olympics, the London Borough of Tower Hamlets has undergone major redevelopment.

Queen Elizabeth Olympic Park is partly situated in the borough, offering green space and modern leisure facilities to local residents, and there are plenty of modern housing developments springing up across the area.

Tower Hamlets is an incredibly vibrant borough, with thousands flocking to Brick Lane for its infamous curry houses, not to mentions its weekly markets and numerous clubs.

Several districts such as Bethnal Green and Wapping have increasingly become popular with City professionals and those commuting to nearby Canary Wharf, a hub for major investment banks and professional services firms.

Tower Hamlets has excellent transport links with the District, Hammersmith & City, Jubilee and Central tube lines running through the borough.

It is also served by London Overground, DLR and will have access to Crossrail services from 2018.

£1,676

average actual monthly rent

3 weeks

average time to let

5.43%

average property yield


Breakdown

Types of property

Housing stock in Tower Hamlets tends to focus on flats, which ties in with strong demand from young professionals. Property styles are usually a mix of local authority blocks and modern new build towers, as well as some Victorian terraced houses in more residential areas.

detached

0.7%

semi-detached

1.24%

terrace

4.88%

flat

91.59%

other

1.56%

Property type breakdown in Tower Hamlets


Comparison

How the different districts line-up

tenant demand

property yield

tenant security

1 Whitechapel

2 Spitalfields & Banglatown

3 St Katharine's & Wapping

4 Shadwell

5 Mile End

6 St Dunstan's

7 Limehouse

8 Poplar

9 Lansbury

10 Stepney Green

11 Bethnal Green

12 Blackwall & Cubitt Town

13 Canary Wharf

14 Island Gardens

15 Weavers

16 Bromley North

17 Bromley South

18 Bow East

19 Bow West

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0333 240 2222