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
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.
average actual monthly rent
average time to let
average property yield
Breakdown
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.
Rentify letting insight
“Landlords in Tower Hamlets enjoy some of the highest yields in London, and reasonable tenant security, make this borough a great investment opportunity.”detached
semi-detached
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Property type breakdown in Tower Hamlets
Comparison
The many districts in Tower Hamlets each have their own character, catering to a variety of residents. Here's our top picks for new landlords in the area.
This borough covers the E1, E14, E15, E2, E20, E3, E9, EC2 and EC3 postcodes. Rentify uses proprietary methodology for data collection and processing. Borough data is collected from Rentify's property database and external public sources.| # |
Areas of
Tower Hamlets |
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 |
