The Isle of Dogs in London E14 is a popular place for property investment because of the demand for property close to London’s Docklands and Canary Wharf. The Isle of Dogs is a lively community with a wide range of Victorian, Georgian, and Edwardian terraces and new build, modern multi-storey flats. In addition, property prices continue to rise. Therefore, it’s no wonder why the neighbourhood is on the rise as an attractive choice for investors.
Suppose you are thinking of investing in the London property market. What are the compelling reasons for considering a buy-to-let property in the Isle of Dogs? Please read on to find the answer.
4 Reasons to Consider Investing in Isle Of Dogs Property
1. Culture and heritage
The Isle of Dogs is steeped in history and culture, giving it a unique sense of character. This Tower Hamlets borough has been popular since the time of Henry VIII. It is said that the neighbourhood got its name because he kennelled his hunting hounds on the peninsula. This combination of rich history, beautiful architecture and green spaces makes the Isle of Dogs a choice for investors looking to capitalise on the increasing popularity of this area.
2. Proximity to Canary Wharf
The demand for rental property in the Isle of Dogs is increasing because of its proximity to Canary Wharf. Compared to other London boroughs, average house prices are relatively lower, and there is tremendous demand for rented accommodation. In addition, Greenwich is just across the Thames, where you can find local markets, green areas and modern shopping centres.
3. Transport Links
The excellent transport links in the Isle of Dogs is a compelling reason to invest in the neighbourhood. High-value renters want to live close to Canary Wharf or the City of London and enjoy fast travel to Central London. The area is well-connected with the Docklands Light Railway, the Tube and Crossrail. This makes it easy for people to travel locally, opening investment opportunities for investors to capitalise on connectivity in the area. In addition, London City Airport is close by.
4. One of the best neighbourhoods in London
The Isle of Dogs has been voted one of London’s best places to live. The neighbourhood is a perfect balance of old and new. Where else in Central London can you find an attractive mix of period housing, modern skyscrapers with amazing views, a working farm (Mudchute Park), open green spaces and former docks? Because of the neighbourhood’s popularity, the Isle of Dogs remains one of the best places to buy investment property in the nation’s capital.
How to Get Started with Your Investment in the Isle of Dogs
Suppose you’re interested in investing in property in the Isle of Dogs. In that case, you’ll need to begin by conducting market research and getting a feel for this growing area of London. This will provide valuable insights into the types of rental properties popular with renters.
You can then target your specific audience when purchasing an investment property for rent. Make sure to take some time to visit the area before you buy so that you can get a real feel for what life is like in this thriving community.
Conclusion
The Isle of Dogs is a great place to invest in property, especially if you’re looking for an area with a rich history and culture. Thanks to its excellent transport links and lively community, the neighbourhood is growing in popularity with investors and renters.
Get in touch with our team today and we can help you start your property research.