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Home News Property market updates Strong demand and premium rental appeal at London Dock Wapping

Strong demand and premium rental appeal at London Dock Wapping

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London Dock continues to set a high benchmark for rental performance in the E1 postcode, with the latest completions at Boxwood Gardens in Saffron Wharf receiving a particularly enthusiastic response from tenants.

Dining area
Boxwood gardens - Kitchen
Boxwood gardens - Balcony
View from Boxwood gardens
Boxwood gardens
Boxwood gardens London

The newly released apartments offer a variety of upgraded features, including Miele appliances as standard, a significant draw for today’s energy-conscious and sustainability-focused renters. These enhancements not only meet the expectations of modern tenants but also support the slightly higher rents being achieved by us, when compared to other nearby property developments. The inclusion of premium fixtures and finishes which is consistent with Berkeley St George product reflects the rising demand for quality and comfort that today’s tenants are looking for.

Consistent outperformance in E1

London Dock maintains a clear lead over surrounding areas when it comes to rental values. Its charming riverside location and convenient connectivity to the city and Canary Wharf provide an easy commute, a factor that continues to resonate strongly with corporate tenants. Additionally, the area benefits from Wapping’s well-established weekend scene, which offers a relaxed yet culturally vibrant atmosphere.

This unique blend of convenience and lifestyle appeal has made London Dock a top choice for City workers. Relocation agents are increasingly requesting the development specifically for executives relocating to London for medium-term secondments, typically ranging from two to four years. The development is also attracting attention from a new generation of tech workers, wealthy students and medics working at The Royal London Hospital in Whitechapel.

SD 1904 Cashmere Wharf-27
Cashmere Wharf balcony
London Dock 2019-10
River view
Wapping London Dock
The building of Wapping London Dock

Tenant retention reflects lasting appeal

The strong performance is further highlighted by impressive tenant retention rates, with 78% of our current tenants renewing their lease for two years and 7% renewing for three years or more. Such figures underscore both the quality of life and the enduring appeal that London Dock offers residents.

Furnished apartments on upper floors in high demand

Apartments located on higher floors, especially those offering uninterrupted river views, remain in the highest demand and command a noticeable rental premium. With around 96% of prospective tenants requesting a furnished property, our landlords are encouraged to invest in high-quality furnishings and maintain top presentation standards. This trend spans across all tenant demographics, from corporate professionals to students and sharers, reflecting a common expectation: move-in-ready homes that feel inviting and comfortable from day one.

Cashmere Wharf 23 Gauging Square London
Merino Gardens Wapping
Bedroom
Guest room
Ariel House London Dock

London Dock’s luxury lifestyle is further enhanced by its on-site amenities, which help support strong rental returns and yields for our landlords. Currently, we’re securing excellent rents for furnished properties with
professional property management in place.

Swimming pool
London Dock 6
London Dock
Movie cinema
Gym
London Dock Facilities - 12
London Dock Facilities

If you’re soon completing on an apartment at London Dock or have an existing property becoming available to let, we would be delighted to offer a free, accurate market appraisal and advise the rent you can expect to achieve.

With our branch located on-site at the development since 2015, we know all the buildings well and are in a strong position to act quickly and support you in securing a quality tenant for your rental property.

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Mark Wellington

About the Author

Mark has worked in property for nearly 20 years, initially in estate agency and then moving on to work for a corporate serviced apartment provider. He has been based in the City and Docklands for 14 years and joined Benham and Reeves in 2003 as manager of the City office, going on to set up the Canary Wharf office in 2009 and now he also heads the Greenwich office which opened in 2013. ARLA qualified, Mark has the NAEA (NFOPP) qualification.

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