The latest Budget, announced by Jeremy Hunt on 6 March, had a bit of a surprise for Canary Wharf…and what better reason to see some jaw-dropping, glamorous homes on the market?
Sick of everyone whinging about the Budget? We hear you. You can skip straight to these incredible homes on the market.
Jeremy Hunt said the government would, “allocate £242m of investments in Barking Riverside and Canary Wharf, which together will build nearly 8,000 houses as well as transforming Canary Wharf into a new hub for life science companies” in the Spring Budget 2024.
This Levelling Up plan has sparked fierce debate on whether Canary Wharf needs government assistance – this particular property market is already robust and exciting, with big plans on the horizon. However, all this chat does bring up an important point for homebuyers and investors: have you seen how truly incredible Canary Wharf homes on the market are?
Background
Residents' pool at Goodluck Hope
(On the market from £425,000)
Canary Wharf, known far and wide as London’s banking and finance hub, has been in a period of total transformation.
We’ve discussed the revitalisation of the Cinderella Wharf in Spotlight on Canary Wharf: a hidden gem that's starting to shine – where the entire area once filtered out by 5pm on Fridays, now there is an active and engaging social scene for residents in remarkable riverside homes.
Why life sciences?
However, it’s not just residents’ lifestyles that have seen a change. There has been significant interest in Canary Wharf by life science companies, such as the North Quay scheme – the “largest commercial life sciences building in Europe” (Evening Standard) and Level39, which is primarily a tech hub, also now has a raft of new Life Sciences businesses. Canary Wharf attracts big names in life sciences such as, “Genomics England, Barts Health NHS Trust…Medical Defence Union, General Pharmaceutical Council and NHS Transformation.” (Canary Wharf Group).
As this business hub forms, so will the property landscape change to supply the workforce. Professionals will be looking for excellent homes in and around Canary Wharf to make the most of the opportunities. Get ahead of the crowd with homes on the market now.
Dreamy Canary Wharf Homes available to buy now:
Vetro, E14
1 and 2 bedroom homes, penthouses and duplex | £535,000 - £1,995,000
✓ Glamorous homes designed to make the most of the spectacular views
✓Beautifully landscaped terrace garden on level 7
✓ Resident spa facility with gym, sauna, shower and relaxation space
Riverscape, E16
1, 2 and 3 bedroom homes | £442,500 - £1,051,000
✓ Resident's only sky lounge located on the 16th floor
✓ State-of-the-art fitness suite and over 40 fitness classes a week
✓ On-site Royal Wharf Primary School
Charrington Tower apartment, E14
2 bedroom apartment | £940,000
✓ Set on the 38th floor with incredible views over the Thames
✓ 2 private balconies with access from bedrooms
✓Concierge, security and amenities including sky lounge, gym and business centre
House in Isle of Dogs, E14
2 bedroom house | £650,000
✓ Beautiful and bright, classic terrace home
✓ Spacious layout over two floors
✓ Private back garden with storage shed
Goodluck Hope, E14
1, 2 and 3 bedroom apartments | £425,000 - £1,990,000
✓ Prestigious development with exclusive riverside location
✓ Amenities in the 1595 Club include coworking space, gym, swimming pool, spa screening room and outdoor terrace
✓ Every apartment has its own outdoor space
Forget their Spring Budget, let's talk about yours....
Incredible interiors at Riverscape
(On the market from £442,500)
We have so many more Canary Wharf homes to show you, browse Canary Wharf homes for sale.
Or, you can let us know you're searching with a My Foxtons account, and we'll help you be first through the door of newly listed homes that match your search.
However, one thing we highly recommend is to talk to a mortgage advisor. Our partner advisory firm, Alexander Hall, can provide a free consultation, where you can better understand your budget - you may have a larger budget than you realise.