London’s Canary Wharf has come a long way from its humble origins as a network of abandoned docks. Today it’s one of the world’s most renowned centres of business and one of the UK’s most desirable places to live. Located in Tower Hamlets, East London, this thriving, bustling district is the location of choice for people seeking modern, luxury city living. Verified residents of the area’s newest developments have provided HomeViews with reviews of their renting experience. From their feedback, we’ve created this list of the best apartments to rent in Canary Wharf.
Apartments to rent in Canary Wharf: best developments as rated by tenants
We can now reveal our list of the best apartments to rent in Canary Wharf. Verified residents of some of the area’s newest and most exclusive rental developments have reviewed their homes on HomeViews. They provide their views on every aspect of living in the development, so we can bring you this list. Take a look at the list to see what it’s like to live in some of Canary Wharf’s most desirable developments.
*PLEASE NOTE these rankings take into account how recently reviews have been submitted, so may not match the overall star ratings shown. More recent reviews are given a greater weighting to reflect current building performance.
What’s it like Living in Canary Wharf?
The location known as Canary Wharf encompasses the 97-acre area occupied by the Canary Wharf Estate. It has also come to include the wider peninsula of the Isle of Dogs. People once regarded the area as a somewhat soulless place to live and work. However, recent developments have brought plenty of life and vibrancy to the surroundings. The addition of a greater range of shops, restaurants and cafés has helped, among the many new residential developments. More than 100,000 people work across the Canary Wharf Estate. A growing number also choose to live in the area, close to their workplace.
The majority of Canary Wharf’s residential developments are sleek, modern skyscrapers. The wider Isle of Dogs peninsula does, however, offer some more traditional, suburban-style housing and green spaces. There are also the sympathetically converted warehouse-style dwellings of West India Quay.
The Docklands Light Railway (DLR) ensures Canary Wharf and the Isle of Dogs are well-connected, with regular trains towards East London and The City. Canary Wharf is on the underground, with the Jubilee Line providing easy access towards Central London. London City Airport is just three miles to the east. Residents can also enjoy easy access to the bright lights of the West End and other popular Central London locations.
What is build to rent?
Many of Canary Wharf’s newest and most exclusive residential buildings are build to rent developments. Build to rent is a booming sector within the property industry. Developers build them solely for renting, not for sales. The developments tend to be purpose-built residences with contemporary styling. Additionally, they often come with a variety of benefits for residents.
Perks and extras included in build to rent offerings can include on-site management teams, cleaning services and communal working and socialising areas. They may also include utility bills and Wi-Fi. Some developments even offer the luxury perks of gyms, spas and 24-hour concierge services.
Build to rent is growing in popularity among renters seeking a different experience from the traditional rental sector. While rental costs may work out as slightly more expensive than the private rental sector, once you factor in the additional benefits of build to rent, it can represent value for money. Flexible rental terms are also available. Some developments are geared towards short-term stays, while others offer more permanent terms of up to five years.
What are property prices like in Canary Wharf?
Living in Canary Wharf is becoming increasingly popular, so it’s not cheap! Smaller apartments to rent in Canary Wharf can go for around £2,249 per calendar month. Bigger properties (three bedrooms and up) are around £3,750 to £4,767 PCM. Overall, the rental average for E14, where Canary Wharf is located, is £2,817 PCM.
If you’re not looking to rent, then buying outright is another way to go. Accordingly to the latest figures from Rightmove (July 2024) average property prices in Canary Wharf stand at around £537,000. Flats in Canary Wharf go for about £522,000. Terraced and semi-detached homes fetch average prices of £719,000 and £798,000 respectively.
Are you interested in finding out more about life in Canary Wharf? Read our dedicated area guide by clicking the link below. The guide provides a comprehensive overview of Canary Wharf life. There’s also a listing of the great rental developments Canary Wharf has to offer.
HomeViews is the only independent review platform for residential developments in the UK. Prospective buyers and tenants use it to make an informed decision on where to live based on insights from carefully verified resident reviews. Part of Rightmove since February 2024, we’re working with developers, house builders, operators, housing associations and the Government to give residents a voice, recognise high performers and to help improve standards across the industry.
