Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
LIFESTYLE

Canada Water Is A Smart Choice For Renters

Published On :

For millennials living in London, renting is very often a preferred way of life. They are drawn to areas because of the lifestyle on offer, as well as a short commute to work, good value and the flexibility renting a home can provide. In Canada Water, just one tube stop away from its more affluent neighbour, Canary Wharf, asking rents are on average 27% lower. According to current data from Zoopla, the average rent in Canary Wharf is £2,464 per month[i], whilst in Canada Water the average is £1,778[ii] – a saving of almost £700. Porters Edge at Water Yards in the thriving district of Rotherhithe in Canada Water, delivers a collection of high-quality homes to rent with a range of outstanding on-site amenities from Folio London. Available to move into now, these homes are ideal for those looking for a more affordable option close to the City.

Canada Water

Four out of ten 30-year-olds rent privately according to the Resolution Foundation, double the rate for Generation X when they were the same age and four times that of baby boomers. This figure is even higher in London and only set to increase in the future. Typically, in the young professional category, this is the generation seen as wanting to have it all, enjoying the choice and flexibility that comes with renting, but still ruled by what is affordable.  That is why a convenient and less expensive location close to a major employment hub is always going to be a good option.

Less than a five-minute walk from Canada Water tube station in Zone 2, Porters Edge offers that ideal combination of excellent transport links, a vibrant up and coming area and high-quality homes that also provides tenants with an exceptional choice of on-site facilities. A joint venture development between Notting Hill Genesis and Sellar, Porters Edge is the first phase of properties to be released at Water Yards and offers 234 waterside apartments, duplexes and townhouses set on the edge of London’s largest freshwater lake.

Lizzie Stevens, Director of Folio London comments: “We know that for the millennial demographic renting offers convenience and mobility, but the bottom line is usually cost. Canada Water is the affordable neighbour to Canary Wharf – by going just one stop further down the line, renters can significantly cut their costs while still enjoying a super handy and buzzing location. This is definitely an area to watch. And thanks to an excellent range of communal facilities and services at Porters Edge, there is also a great community feel to living here.”

The range of on-site facilities offered to residents at Porters Edge at no additional cost, is extensive. They include a state-of-the-art gym, residents’ lounge with free WiFi that provides a place to work and socialise and a communal rooftop garden with multi-use games area and play space. At the on-site café MouseTail residents get special offers and there is also complimentary car club membership and of course 24-hour concierge on hand to help at all times.

The interiors of the properties are stylish and spacious, available in a range of layouts to suit different tenants and lifestyles. Bright, fully fitted kitchens feature integrated appliances, while bathrooms provide elegant white suites and chrome fittings, and tenants can take their pick from a range of furniture packages also available at no extra cost. All apartments have a private terrace or balcony, while some of the properties have direct access to the central courtyard.

Porters Edge forms part of the eight-acre Water Yards development, located within the Surrey Quays regeneration zone, which is designated one of the Mayor of London’s Opportunity Areas. Along with other development plans in the pipeline, an exciting new neighbourhood is being created including new shops and public leisure facilities. The area is already not only served by the Jubilee Line providing fast connections to Canary Wharf and London Bridge, but also the East London making trips to place like Shoreditch and Dalston incredibly easy for an evening out. Surrey Quays already has a cinema and range of shops and restaurants and at weekends there is a buzz around Street Feast’s pop-up bars and food market.

Prices for a studio apartment at Porters Edge start from £1,575 per month. For more information on Porters Edge, or any of the other developments currently on offer to rent from Folio London, visit www.portersedge.co.uk or call 020 3815 2480.

[i]https://www.zoopla.co.uk/market/canary-wharf/?q=Canary%20Wharf

[ii]https://www.zoopla.co.uk/market/canada-water/?q=Canada%20Water

Continue Reading

Recent Posts