The Royal Docks is located in the east side of London, specifically covering the E16 Postcode. Over the last 20 years the area has seen a huge amount of regeneration, especially since the 2012 Olympics, and now hosts the tallest building and some of the largest companies in the UK.
The Royal Docks has brilliant public transport links as you would expect including the DLR (Docklands Light Railway) which has a 99.6% service rate!
One of the biggest regenerations areas in London has been the E16 Postcode, covering the areas of Canning town through to Woolwich Arsenal. Canning Town benefits from both the Jubilee Line and the DLR Lines. For anyone looking for convenience, Canning Town is one of the best-connected stations in London. Westfield Stratford is 3 mins away, for the city workers working in IT and finance Bank and Tower Gateway is 15 mins away, and Canary wharf is 5 mins away.
The whole face of the area has changed intensely with the inclusion now of some of the most expensive apartments in London with views over the Thames and the O2 Arena. The Docklands also has the London Excel exhibition centre and numerous places for entertainment including pubs, bars, and restaurants.
Renting Property in Docklands
Rental property in the docklands is most likely to be in new build apartments. The prices vary depending on the size of the property and the location i.e. a penthouse suite in the central business district may cost more to rent.
In order to carry out your rental search, it is most important that the first task to carry out is to know your budget. Remember that there are costs that you will occur each month that you need to take into consideration, these include amenities that will include council tax, electricity, gas, and water. There may also be charges for parking your car (if you have one) the congestion charge and some of the apartments may even have a maintenance charge. Also, don’t forget that it is highly likely that you will need to have 1 months’ rent in advance and 1 months deposit on the day of move-in.
Average Rental Prices
The average Rental price for a 1 bedroom in the Royal Docks is £1,378