Homes are still on sale in one of the UK’s busiest commuter hotspots which include private gardens despite being close to the Canary Wharf tower in London.
Property developer George Wimpey said its Vicinity E14 scheme was already more than 50 per cent sold, and was also attracting attention thanks to its proximity to local transport links.
Involving contemporary one and two-bedroom apartments, the project has been designed so each property emphasises light and space.
Selected homes in the scheme feature private gardens, balconies or terraces, and owners will also be close to the River Thames.
George Wimpey said: “Homes at Vicinity enjoy an exceptional setting, many boasting views of the iconic skyline of Canary Wharf, close to the Millennium Dome – and only two minutes from Westferry Station.
“With such handy connections, Vicinity E14 is the ideal place to balance work with an amazing new lifestyle.”
Canary Wharf, traditionally home to many of the UK’s biggest finance-related companies, has always prompted high demand for nearby homes so workers can cut their commutes.
The successful sale of property at Vicinity E14 goes against a trend recently reported by the London Evening Standard, which showed asking prices for some homes in areas close to the area had dropped in the last month.
According to the paper, crises in the banking sector meant the average Tower Hamlets property fell from an average of £448,071 ($635,344) to an average of £376,103 ($533,297) by the middle of February.
But the Standard also reported across the capital the Rightmove property figures also showed asking prices in some other areas were actually on the rise.
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Canary Wharf is a very central location in London. There are lots of bars and restaurants and it is ideally located for the O2 Centre where there are always exhibitions and concerts going on.