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Canary Wharf was once a drab, lifeless industrial area that held little appeal to renters. Since its regeneration it is now London’s powerhouse and a vibrant, trendy place for young couples to rent an apartment. Living in Canary Wharf E14 puts you in the heart of the city’s financial district. So, for couples and young professionals who work in Canary Wharf, there is no lengthy or expensive commute. In fact, it’s usually possible to walk or cycle to work.
The skyline of Canary Wharf is dominated by sleek, glass-fronted multi-storey office buildings, contemporary apartment blocks, and excellent shopping and leisure facilities. Being situated on the banks of the Thames in the former Docklands area, most apartments have fantastic views.
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There are many factors to consider when it comes to maximising your rental valuation and yield on a property. To get the most out of your investment, you need to be aware of vacancy rates, rental income, rental increases and demand for housing stock in your area. You could also consider increasing your rent while keeping the impact of inflation, property prices and current market trends in mind.
This article looks at several factors affecting your rental valuation and yield. At the end of the article, you will have a better idea of how to boost potential returns on your property investment.
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Grenache provides property management services across London. They manage a wide portfolio of residential properties throughout London on behalf of landlords.
We work closely with them to assist with their lettings requirements.
Katarina from Grenache shared her company’s experience working with Proper Local.
She said: “We have a longstanding working relationship with Christian going back more than 10 years."
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Bob Elson was having a frustrating time selling his property on the Isle of Dogs.
Two deals on his property had fallen through over the course of 18 months while using two different corporate estate agencies.
Off the back of these experiences, Bob who has lived in the area all his life, decided to give Proper Local a try when he saw our branded vehicle in the car park where he was living.
Mr Elson said: “I thought what have I got to lose by giving them a chance?
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Proper Local is proud to announce that we have just been awarded a Platinum Service Award by Customer Review Site Feefo. This is the highest level of award given out by the platform and demonstrates our commitment to delivering consistent, high levels of service to all our clients in E14. We are one of the only estate agents in Canary Wharf to have received the award and it places us among the top businesses in the country in terms of customer service.
To find out more about the Feefo Service Awards and why we achieved our Platinum Service Award, have a read below.