London Property Market Information

Remember the articles about the “Sky Towers in Canary Wharf” and about “London and the Olympics 2012” – if you don’t you should go and have a quick skim read through them because, this article directly follows on what has been mentioned and its impact to the London Property Market - especially with regards to Canary Wharf.

What we will be talking is the launch of the West “Elektron” Tower near Canary Wharf.

The Elektron Development site is situated on the north side of the river Thames directly opposite the Millennium Dome. The London Property Development headed by Barratt’s Homes will encompass 3 towering 25-story blocks. Currently all of the Phases of the first 2 Tower Blocks built are now sold out. Barratt’s have now announced the launch of the “West Tower” and yes that means it is the last one and the final phase!

1 Bedroom apartments are going from £219, 995 – and for the current London Property Market it is affordable compared to many other areas.

Transport wise the Elektron has easy access to the “East India” Docklands Light Railway Station, which is only 4 DLR stops away from Canary Wharf and 1 DLR stop away from the Jubillee London Underground Line.

In our opinion (emphasis again, in our opinion) we believe with all the regeneration projects surround Canary Wharf and the East of London, it may be worth a visit to the Elektron and surrounding Property Developments. As first time buyers the properties are reasonably priced especially for its area; and for investors this may be that ideal property investment that you were looking for.

Good luck!

Images are taken from the Barratt’s Website www.barratthomes.co.uk/

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