London locations don’t come more sought-after than Shad Thames. With its characterful converted warehouses and proximity to Central London, it's a magnet for young professionals and families alike – and presents a great opportunity for landlords looking to generate solid rental yield and excellent profit from capital growth.
If you’re considering becoming a landlord in Shad Thames, here’s some handy information about the area, plus a guide to architectural styles and the best areas to purchase a buy-to-let property.
Why Shad Thames?
- Appealing location. Few London locations can compete with Shad Thames. It’s so close to Central London that tenants can usually walk to work, rather than catch the train. However, for those who work a little further out, there are several tube stations in the vicinity (such as Tower Hill station, which is just a few minutes’ walk away), taking travellers all over the city.
- Plenty of attractions / amenities. Tenants love the fact that there’s so much to see and do around Shad Thames. The river is right on the doorstep, with plenty of riverside walks to enjoy, plus The Lee Valley Canoe and Cycle Centre is just a short distance away. Likewise, Borough Market is close by, and St Katharine’s Docks is a great place to visit in the evening, thanks to its numerous restaurants and bars. The Shard is a local favourite, and its restaurant, Aqua Shard, is a great place to enjoy breakfast with a view.
- Safe location. As a landlord, the safety and security of your property is likely to be a concern. Shad Thames has a low crime rate compared to other parts of the city, and the locals often comment on how peaceful the neighbourhood is.
- Highly sought-after. Thanks to its distinctive streets (with the old industrial gantries criss-crossing overhead), this area is extremely popular with tenants of all ages. That means plenty of demand for rented accommodation.
Property Styles in Shad Thames
Shad Thames’ most exclusive properties are the apartments overlooking the River Thames, particularly those with a view of Tower Bridge. You’ll be able to charge high rental rates for these appealing properties, but expect to pay a premium for it.
The area’s converted warehouses are also popular, due to their attractive period features, such as exposed brickwork, iron beams and rustic floorboards. If you’re looking for a more affordable property, there are also several studio flats and one bedroomed-apartments in Shad Thames, with many offering surprisingly spacious dimensions throughout. The area also has a few modern developments, which have bonus extras such as gyms and concierge services – which appeal particularly to young professional tenants.
Whereabouts in Shad Thames?
If you’re working on a budget, then there are several excellent streets just outside of Shad Thames, such as Jamaica Road and Jacob Street. However, if you can afford it, you may want to invest in one of the converted warehouses beside the Thames.
Tooley Street is also popular with tenants, thanks to its shops and restaurants; though quite simply, any street in this neighbourhood is going to be desirable! To get a feel for the area, it’s worthwhile visiting in person, or making an appointment with a local estate agent, who can provide valuable insight into where best to buy.