The investment case for Rotherhithe
We believe that there is a strong investment case for Rotherhithe, in the London borough of Southwark.
Three factors underpin the investment case for the area:
- Rotherhithe benefits from proximity to major business hubs and employers such as Canary Wharf and More London, making it an attractive rental market
- Rotherhithe is very well connected and is served by three stations via Overground and Underground services, making it an easy commute to central London and other business hubs
- The area is home to Surrey Quays Shopping Centre, a 309,000 square feet retail space, with 40 stores, cinema and other attractions as well as an array of local parks
These points are discussed further below, or you can go directly to our properties page below:
A well-connected area
The Jubilee line and a Thames Clippers river bus service already connect Rotherhithe to Canary Wharf. On the horizon is a pedestrian and cycle bridge – one of 13 new river crossings planned by Transport for London. The bridge will be a convenient conduit for bike-riding and ‘walk-to-work’ commuters, boosting Rotherhithe’s attraction for professionals.
In addition to this, Rotherhithe is served by three stations. Rotherhithe and Surrey Quays are London Overground stations linking Rotherhithe with the South and East London. The area is also served by Canada Water Underground station in central Rotherhithe. Canada Water station is now an important transport interchange, being just one stop away from the financial district of Canary Wharf. It connects the London Overground and the Jubilee line of the London Underground.
This station is at the centre of a major regeneration project, with rapid construction of new flats, our property is only 9 minutes away from Canada Water Station and 6 minutes from Rotherhithe Overground Station.
Strong rental prospects
Nearby Canada Water is effectively a new town centre for Southwark, with improved public space, a splendid new library and smart apartment schemes that have created 4,000 new homes. There are also several regeneration projects underway. Property giant British Land is transforming 40 acres of land (5.5m sq ft of new development) – an area that includes the outdated Surrey Quays Shopping Centre and a redundant printworks. Sellar Group, responsible for the famous ‘Shard’ building (just a short walk away), has unveiled plans for 1,046 homes ranging from studio apartments to townhouses, alongside restaurants, shops, cinema, a public square and dock basin.
Rotherhithe is also located conveniently between the financial district of Canary Wharf, and the northern end of the borough. Canary Wharf employs 105,000 people while the northern end of borough includes the More London and London Bridge City developments – home to several major professional service firms that employ a total of 20,000 people. Notable businesses include PricewaterhouseCoopers, Norton Rose, Ernst & Young, Lawrence Graham and Actis.
This high number of skilled jobs available in this area, combined with increased private investment in Rotherhithe makes a compelling case for increasing rental demand.
Attractive to young families
Rotherhithe is a great place for young families who work in the City. The area provides all the necessary amenities, including Surrey Quays Shopping Centre, a 309,000 square feet retail space, with 40 stores, numerous restaurants, cinema and other attractions. Southwark Park Sports Centre and the Surrey Docks Watersports Centre also provide great facilities for exercising.
The area hosts Southwark Park with beautiful King’s Stairs Gardens, Russia Dock Woodland, Stave Hill Ecology Park, Lavender Pond Nature Park and Surrey Docks City Farm. If this wasn’t enough, the picturesque Greenwich Park is just 2.5 miles away.