If you are thinking of moving to Canary Wharf, this guide will give you a quick overview of area and all it has to offer.
Canary Wharf is an exciting, vibrant part of London that plays home to many different banks and organisations, some of which hold their UK headquarters in the area. It is also full to the brim with incredible eateries, luxurious housing, upmarket shops and various gardens and examples of amazing street art.
Are you considering moving to Canary Wharf? With all of the above, and the close proximity to the rest of London, it’s an incredibly popular place for families, couples and young professionals to live. Those working in finance are particularly drawn to Canary Wharf because the location is a financial hub in its own right.
To help you get started in your journey towards being a Canary Wharf resident, here’s a quick guide to the area and all it has to offer:
Canary Wharf – Where Is It?
Canary Wharf is geographically East London, but is categorised as Inner London. This categorisation is important when it comes to considering the potential cost of buying or renting here, and also potentially letting your property as an Airbnb when it is vacant. Some rules and regulations, costings and other considerations are particularly relevant to Central London areas. Canary Wharf postcodes begin with E14 and all properties in the area fall under the Tower Hamlets Borough Council, as do Heron Quays and Wood Wharf.
Canary Wharf – A Little History
Canary Wharf was previously part of Limehouse, The Isle Of Dogs and Poplar from 1800 to the 1980’s.
Canary Wharf is named so because Wharf means warehouse on the river front, and Canary relates to a fruit shipment building that dealt with items from Gran Canaria (which also means Great Island Of Dogs). This was pre 1980’s where the area was predominantly used as a very busy shipping port. Lots of trading took place, and there would be imported goods like rum and sugar, and even exotic animals coming in through the docks. This ceased in the 70’s because the dock could not accommodate larger cargo ships which started being used more commonly during this time. The area also took a lot of damage during World War Two, which also changed the look and usability of the area quite drastically.
Come the 1980’s and everything changed in Canary Wharf. It started to see real development and investment, as skyscrapers and businesses became more and more common. Soon enough, a vibrant, lively and exciting soaring business district with an awe-inspiring skyline became the Canary Wharf we know and love today.
Canary Wharf Homes
Canary Wharf is a really exciting neighbourhood to live in, with properties suitable for everyone. Predominantly, it is very much full of flats, penthouses, apartments and studio apartments. You can enjoy all mod cons if you choose the right block, which may well have incredible views and access to extras like swimming pools, spas and gym facilities. Heron Quays, Pan Peninsula and The Landmark, as well as the famous and award-winning One Park Drive, are all desirable options for those looking to be in the centre of all the action.
If you do want something a little more characterful, towards the outer edges of the area are period properties. Warehouse conversions like Dunbar Wharf are particularly popular with young professionals wanting a combination of historical and modern living. Blackwall and Limehouse also have Victorian and Georgian homes perfect for families. These kinds of homes work well for those who want to enjoy a more residential area, whilst also having the benefit of being able to walk to work with ease.
When it comes to the average property price in Canary Wharf, the average sits at around £720,000 pounds, but properties can be anywhere between £235,000 to over £1.9 million. Rentals sit at around £655 per week on average, but can be over £2000 a week for the highest grade properties.
Canary Wharf Self Storage
Whether you live in Canary Wharf, or are thinking of doing a trial move to see if living in Canary Wharf is for you, self storage in London is incredibly helpful. It is flexible, affordable and available in near-enough any size you need. Eco-commuters use it to store their bikes, startups and people who work from home use it as an alternative to the traditional office, and many people use it for storage of non-essentials to make the most of what they pay for Canary Wharf square footage. It’s the perfect way to make the most of living in this exciting and vibrant part of London.
Canary Wharf Transport
If you’re happy walking or cycling and want to make the most of free, eco-friendly ways of getting around, you will be pleased to know that Canary Wharf is only a very short walk away from the Thames Path, which you can use to get anywhere in London and beyond. Canary Wharf is also full of free bicycle parking spaces, too, encouraging more people to choose green transportation everyday. You’re also an hours walk from the City Of London if you choose to commute on foot, although for some, that’s a bit of a stretch when it comes to a convenient way to get to work. Luckily, there is plenty of public transport to use instead. You’re only 15 minutes away from The City on the tube from Canary Wharf Station which enables you to connect to the Jubilee Line, Elizabeth Line and District Light Railway. Canary Wharf Station is also served by various bus routes.
Things To Do In Canary Wharf
Canary Wharf offers something for everyone when it comes to entertainment and activities. West India Quay is great for cinemas, activities and a good selection of attractions in one space. London Docklands has a museum if you want a bit of history, or Surrey Docks Farm is similarly fun and educational if you want the kids to learn as they play. Poplar Baths and Tiller Leisure Centre are great options for child-friendly activities like swimming and sports facilities. For more grown-up entertainment there are lots of bars, pubs and restaurants to enjoy. Wahaca, Gaucho Canary, The Pearson Room, Wagamama, Bokan, Chai Ki – the list is endless. It’s pretty fun to wander around and choose somewhere to eat, especially as it gets dark and the bright lights of the area really come alive.
Canary Wharf Is A Fantastic Place To Live
If Canary Wharf is on the cards as your next home, it’s worth trying it out for a few months to see if it really is the right fit. Why not utilise London self storage to hold your things whilst you rent? It’s also a handy service to use if and when you do choose to move into this vibrant and exciting part of London.
With such amazing proximity into London, a wide selection of house types, a breath-taking skyline and a welcoming community, Canary Wharf is a great place to call home.