Surrey Quays is a residential area of Rotherhithe in south-east London, formerly home to the Surrey Commercial Docks. It stretches from Canada Water to South Dock and its name alludes to the fact that the Surrey Docks, until 1900, represented the border between Surrey and Kent.
Given its new status as an emerging place to live, transport links are extensive with rail services from Deptford, Elverson Road, South Bermondsey and St John’s, and tube stops at Bermondsey, Canada Water, Elephant and Castle, Rotherhithe and Surrey Quays.
It is also home to Canada Water, which is one of the biggest regeneration projects in London. This £2 billion project will see the building of 3,500 new homes along with a leisure centre, a new high street and an entertainment hub among other things.
Due to the array of attractions close by, in addition to the widespread modernisation and community enhancement, property in Surrey Quays is becoming increasingly popular. The fact that the area is close to city life, yet just far enough away to avoid all the hustle and bustle is proving really appealing.
The property in Surrey Quays consists mostly of designer warehouse conversions and modern apartment blocks. Further inland you would find modern, three-bedroom family homes with gardens. As far as London housing stock goes, this area represents great value for money. Within the wider area, Canada Water is home to more modern housing and converted warehouses, and Rotherhithe is no different with popular wharves such as Bombay, Hope Sufferance and Tunnel.
The award-winning Art Deco Princes Tower is nearby with its amazing views of Tower Bridge and the River Thames from its private balconies. In a similar price bracket, Hays Court is a converted warehouse on Rotherhithe Street that has a selection of two bedroom flats. For those with more modest budgets, less expensive flats can be found at New Caledonian Wharf, Canada Wharf, Ivory Wharf and Iceland Wharf. A number of former council-owned high rise blocks can also be found in nearby Rotherhithe, such as Landmann House and Addy House – both of which offer affordable, small apartments.
An array of luxury apartments are also available close by on the river front within modern apartment blocks or warehouse conversions. These are highly popular amongst young professionals working in the capital’s financial district and offer spacious accommodation with great views across the Thames.
To find out more about what this area has to offer, plus the wide range of property in Surrey Quays, feel free to contact our estate agent office on 020 7231 1066.
Properties in Surrey Quays include a wide range of high-class warehouse conversions, modern apartment complexes, and period terraced houses. Many Surrey Quays properties are located beside waterways, green spaces, a nature reserve, or the River Thames. Because it is directly across from Canary Wharf, Surrey Quays is a popular neighbourhood for young couples, professionals, and families working in the city’s financial district.
Since the 1980s, Surrey Quays has undergone a transformation from a drab, disused industrial site to a vibrant, modern neighbourhood. The Surrey Quays area has quiet cul-de-sac streets with old miners’ cottages, terraced streets with semi-detached family homes, and many converted warehouses and new-build luxury apartment blocks.
Between Redriff Road and Greenland Dock are spacious 3-storey terraced townhouses ideal for families. These large homes have private gardens and garages. However, closer to the Thames on Finland Street, Odessa Street, and Princess Courts is a mix of new-build luxury apartment blocks and converted industrial buildings. Many of these developments have off-street or private parking for residents.
Further away from the Thames on Lower Road, Plough Way and Alloa Road are spacious streets with two-storey Edwardian and Victorian terraces. Here you will find family homes with two and three bedrooms and private gardens. There is also a wide range of mid-century multi-storey blocks of flats offering affordable housing to buy or rent. Some of these are maisonettes that look out onto secluded gardens and green areas.
The wide range of properties available in Surrey Quays means there is something to suit most people’s budgets who want to live near Central London.
In 2021, average house prices in Surrey Quays property was £545,000, making it less expensive to buy a flat than the average London value of £620,000. This fact makes Surrey Quays an ideal neighbourhood to purchase property. Residents enjoy spectacular views over the former Docklands area, fast commute times to Canary Wharf, and plenty of open green spaces.
New-Build Properties in Surrey Quays
Surrey Quays continues to undergo redevelopment, increasing this popular neighbourhood’s housing stock. Most of the new-build or recently re-developed buildings are along the banks of the Thames. These luxury apartments offer unrivalled views over London and easy access to riverside pathways. Many new developments like Deptford Landings and Meranti Apartments beside Pepys Park have brought hundreds of new apartments to rent or buy. Much of the developments around the Surrey Quay area have attractive deals on shared ownership flats.
Renting in Surrey Quays
Most of the flats available to rent in Surrey Quays are one or two-bedroom apartments. The average monthly rental price is between £350 and £420 per week, making it a surprisingly affordable neighbourhood considering what it has to offer. This makes the area popular for renters who want to live close to public transport links. Additionally, Surrey Quays can be cheaper than neighbouring Rotherhithe, Canada Water and Bermondsey to rent a flat.
Renters living and working in Surrey Quays save money and time on their daily commute. The Tube journey to Canary Wharf is one stop from Canada Water underground station. Or, for a more leisurely journey, many renters commute by boat across the Thames.
The opportunities for development and demand for rented accommodation also make Surrey Quays popular with investors looking for buy-to-let properties.
Surrey Quays has lots of good primary schools to choose from, including Albion Primary School, Southwark Park School, Alfred Salter Primary School, Redriff Primary School, St Joseph's Catholic Primary School, Rotherhithe Primary School and Ilderton Primary School.
It also has a selection of good secondary schools, including Bacon's College, St Michael's RC School and Harris Academy Bermondsey.
The Surrey Quays area is undergoing a great deal of regeneration following a long period of neglect previous to the 1980s and the regeneration carried out as part of the London Docklands Development Corporation's project when over 5,000 new homes were built in the area.
The largest project currently underway is Canada Water. A plan for the area was unveiled recently, which will involve renovating the entire area in a 15-year, £2 billion project.
The ‘Canada Water Master Plan’ will cover 46-acres, and it will see the building of 3,500 new homes, the renovated Surrey Quays Shopping Centre, a new high street, an entertainment hub, a leisure centre and more. It will involve the building of a number of large buildings, some of them up to 50 storeys.
Following a decade of dereliction after the closure of the docks, many were filled in with the only surviving areas of open water now being Greenland Dock, South Dock, Canada Water and Surrey Water. In 1981 the London Docklands Development Corporation was established to re-develop the former docks, including the Surrey Docks, leading to 5,500 new homes being built, from individual detached housing to large apartment complexes.
Surrey Quays was christened in 1989 when the Surrey Quays Shopping Centre was built on the infilled southern part of Canada Water. This is still undergoing a facelift, as part of the area’s wider re-development plans which come under the exciting Canada Water regeneration programme, led by Southwark Council and BL Canada Quays Ltd, which will bring 2,700 new homes, new retail and office space, leisure facilities and a civic square at the heart of Canada Water. The shopping centre offers a number of high street stores, a supermarket and a large selection of bars and restaurants. More recently, the area experienced large-scale re-development with further new homes, a new library, cafés and restaurants.
Further afield there are a number of other attractions including the picturesque Southwark Park, the Brunel Museum, the Surrey Docks Watersports Centre and Surrey Docks Farm. The historic Mayflower pub, named after the Mayflower vessel which set sail to America from the very spot in 1620, is also within easy reach.
Surrey Quays has a number of stations and bus routes, making it a well-connected area of London.
There are two main Underground stations in the Surrey Quays area:
There are four stations in the Surrey Quays area:
A number of bus routes operate in the Surrey Quays area:
Eight routes operate from Surrey Quays station: 1, 47, 188, 199, 225, 381, N199, N381
Six routes operate from Bermondsey Station: 47, 188, 381, C10, N199, N381
Shad Thames is located very near to a number of big attractions. One of these is the Tower of London, which is one of the most exciting attractions in London. Take a tour with a beefeater and find out all about the fascinating history of the tower, and make sure you see the Crown Jewels.
Tower Bridge is another major attraction nearby. Tower Bridge was built in the late 19th century, and it has become an iconic structure of the city. Go right to the top and see the exhibition that will tell you all about its history, and enjoy the amazing views.
Nearby Borough Market is one of the best food markets in London. Head along and see the huge range of international and organic foods on sale, and try some samples while you're there.
You may also want to take a trip to the London Dungeon to enjoy a gruesome tour where you fill find out all about the darker side of London's history.
The Shard is also nearby, and you can buy a ticket to go up to the observation platform and enjoy spectacular views of London.
The new Mayor of London's offices are also close by, next to the impressive "More London" development which has energised the area and contributed to a sharp rise in property prices.