Surrey Quays Property Guide

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.

Surrey Quays is a popular area to buy and rent, with a rich history as the former home of the Surrey Commercial Docks. The area's transformation into a residential hub has brought together its industrial legacy and modern urban living, creating a unique place to live, work, and play.

This guide is designed to give you an overview of the property market in Surrey Quays, including the different types of properties available, the average prices, and the best areas to live in.

Properties in Surrey Quays Properties

Surrey Quays Property Market

Surrey Quays has a dynamic property market influenced by various factors. Situated conveniently close to Canary Wharf and the City of London, the area is in demand with commuters. The ongoing regeneration initiatives and new developments contribute to Surrey Quays' evolving landscape, further fuelling the upward movement of property prices.

Notably affordable compared to other London neighbourhoods, Surrey Quays is an attractive option for first-time buyers and investors. Its robust connectivity via the Jubilee Line and Docklands Light Railway further boosts its appeal. A range of convenient amenities, including shops, dining options, bars, and recreational spaces, help to make this an attractive area to live in, increasing demand and influencing the property market.

The property market in Surrey Quays demonstrates resilience and potential for growth, with the average property price reaching £531,000—a 3% increase from the previous year. The demand for apartments consistently outpaces supply, exerting upward pressure on prices. Investment properties are increasingly attractive due to the area's potential for capital growth.

Property in Surrey Quays is set to become even more popular due to the area's ongoing regeneration and community development. The fact that the area is close to the hustle and bustle of city life, yet just far enough away to escape it, is also a significant draw for many residents.

Property Types In Surrey Quays

Surrey Quays' property primarily consists of warehouse conversions and modern apartment blocks. Further inland, you'll find stylish, three-bedroom family homes with gardens. This area offers excellent value for money in terms of London housing stock. Canada Water is home to more modern housing and converted warehouses in the surrounding area, as is Rotherhithe with popular wharves like Bombay, Hope Sufferance, and Tunnel.

The award-winning Art Deco Princes Tower is nearby, with stunning views of Tower Bridge and the River Thames from its private balconies. Hays Court, a converted warehouse on Rotherhithe Street, is in a similar price range and has a selection of two-bedroom flats. For those on a tighter budget, less expensive flats can be found at New Caledonian Wharf, Canada Wharf, Ivory Wharf, and Iceland Wharf. In nearby Rotherhithe, you can also find several former council-owned high-rise blocks, such as Landmann House and Addy House, which offer affordable, small apartments.

In addition to the variety of property types available, Surrey Quays property also offers a variety of architectural styles. You can find warehouse conversions with high ceilings and exposed brickwork, modern apartment blocks with rooftop terraces and concierge services, Victorian terraced houses with gardens, and Art Deco buildings with geometric shapes and decorative details. There are also several new developments in Surrey Quays that are designed to be environmentally friendly, using sustainable materials and features such as solar panels and rainwater harvesting.

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. You will find family homes with two and three bedrooms and private gardens here. 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.

Buying Property in Surrey Quays

Surrey Quays is undergoing extensive redevelopment, bolstering its housing options for buyers. The area has many new-build and recently redeveloped properties, primarily along the Thames riverside, featuring luxury apartments with exceptional views of London and direct access to riverside pathways. Developments like Deptford Landings and Meranti Apartments by Pepys Park have introduced a range of new apartments available for purchase. Additionally, developments in the Surrey Quay area offer deals on shared ownership flats, making property ownership more accessible and affordable for buyers here.

Renting Property 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.

Property for Sale in Surrey Quays
Property to Rent in Surrey Quays

Buildings of Significance in Surrey Quays

Surrey Commercial Docks played a crucial role in the city's maritime history. Established in the early 19th century, these docks were an essential hub for trade, handling various goods like timber, grain, and other commodities.

Their significance lies in their contribution to London's economy and the area's development. These docks were pivotal in connecting London to global trade routes, allowing the import and export of goods and materials that proved vital to the city's growth.

Furthermore, Surrey Commercial Docks were a testament to industrial advancements in shipping and trade during the Victorian era. However, their decline began in the mid-20th century due to changes in shipping practices and the decline of traditional industries. Today, parts of the docks have been redeveloped into residential and commercial spaces, while some remnants stand as reminders of London's rich maritime history.

Surrey Quays Properties Schools

There are many schools in and around the Surrey Quays area, catering to various educational needs:

  • Alfred Salter Primary School caters to boys and girls aged 3-11. Named after Alfred Salter, the school embraces his ethos of compassion and inclusivity, striving to offer each child diverse opportunities and life experiences.
  • Redriff Primary School, part of the City of London Academies Trust, fosters an environment where students are encouraged to be aspirational, adventurous, individual, enlightened, and compassionate, empowering them to face challenges, embrace change, and value diversity.
  • Ilderton Primary School is also part of the City of London Academies Trust and was rated ‘outstanding’ by Ofsted in 2015. The school has been around for 100 years, proudly serving the Rotherhithe community and consistently exceeding national expectations for its children.
  • St. Michael’s Catholic College received Outstanding ratings from Ofsted in its past two inspections and in its recent Diocesan Section 48 Inspections, demonstrating its commitment to excellence in education and fostering an environment of continuous improvement.
  • Harris Academy Bermondsey, a member of the Harris Federation, is committed to high-quality education, evident in its 'Outstanding' Ofsted rating for the third consecutive time. The academy fosters an environment of high expectations, emphasising discipline while ensuring a happy and safe learning space where girls adhere to rules, supported with clear consequences and learning opportunities.

Surrey Quays Properties Regeneration Information

Surrey Quays Railway Station underwent significant redevelopment in the 1990s as part of the overall rejuvenation of the Surrey Quays area.

Previously known as Surrey Docks Station, it was initially constructed in 1869 by the South London Railway. However, by the late 20th century, the area had seen a decline in industrial and shipping activities, leading to a need for revitalisation.

The station's renovation and modernisation were part of a broader regeneration plan for the entire Surrey Quays area, which included the redevelopment of former docklands into residential and commercial spaces. This transformation aimed to revitalise the region, attract new residents, and create a more vibrant community hub.

The refurbished Surrey Quays Railway Station is a vital transport link for residents and visitors, connecting them to various parts of London via the London Overground network. The station's redevelopment was instrumental in supporting the area's transition from an industrial hub to a thriving residential and commercial district.

Regeneration Projects In Surrey Quays

The Surrey Quays area, part of the Canada Water Masterplan, is currently undergoing a substantial transformation. The plans aim to revamp the region into a vibrant, mixed-use area and include the Surrey Quays Shopping Centre redevelopment. Several projects are underway to create a new urban space with a range of amenities and innovative public areas:

  • Surrey Quays Station Upgrade and New Entrance: Expanding the Surrey Quays station on the London Overground, this initiative will help to accommodate plans for new homes in the area. It involves constructing a new entrance and ticket hall on Lower Road, lifts on each platform, and connecting the station to newly developed public spaces.
  • Zone G of the Canada Water Masterplan: This phase involves the redevelopment of the Surrey Quays Leisure Centre and its vicinity, including the construction of residential units, a new Tesco Extra, and a basement car park.
  • Detailed Plans for the Canada Water Development: The initial phase of the Canada Water Masterplan includes detailed building schemes across three plots, integrating the Surrey Quays shopping centre and surrounding areas. This phase will create new homes, workspaces, potential leisure facilities, shops, and dining options.
  • Canada Water Masterplan by British Land: Covering 53 acres, this project aims to deliver thousands of net-zero homes, workspaces, retail spaces, entertainment areas, and community spaces, including a leisure centre for Southwark Council and a new 3.5-acre public park.
  • Zone G Residential Development: This phase includes constructing residential buildings, dedicating a portion to affordable housing, and creating a new park, café pavilion, and adventure play space.

The primary focus is to develop an urban hub that's inclusive and sustainable, offering housing, jobs, and facilities for a diverse community. The initiatives aim to create a vibrant town centre that engages the community and provides opportunities for everyone in the area, reshaping the area that includes Surrey Quays into a modern, interconnected neighbourhood.

Surrey Quays Properties Community

Residents in Surrey Quays enjoy a closely-knit community that values mutual support, companionship, and a strong sense of togetherness.

Surrey Docks Farm Youth-Led Social Action: With a dedicated focus on empowering young people, this initiative fosters proactive involvement in the community. The Farm promotes skill enhancement, leadership development, and community engagement by providing a platform for youth to initiate and lead projects. This program aims to cultivate a generation of socially aware and actively contributing residents, fostering a more robust local area.

London Sport and Decathlon: A partnership that has introduced a specialised sports area designed to empower girls in their athletic pursuits. With a focus on breaking down barriers, this initiative aims to create an inclusive space where girls can actively participate in physical activities. Promoting empowerment, encouraging healthy lifestyles, and nurturing a sense of inclusivity, this group is dedicated to enhancing the engagement of girls within the sports community.

Surrey Quays Community Events: This platform is your go-to source for staying informed about various gatherings in the Surrey Quays area. Keep up to date with the latest events, connect with fellow community members, and engage in the vibrant social scene right here in Surrey Quays. Explore a range of activities that bring people together and make the most of your local experience.

iLiveInSE16: This platform is a gateway to all things SE16 community living. Explore the heartbeat of South East London through a collection of insights, updates, and resources. Stay connected with local events, find hidden gems, and discover the spirit of SE16.

Transport Information

Surrey Quays has several stations and bus routes, making it a well-connected area of London.

Underground:

There are two main Underground stations in the Surrey Quays area:

  • Canada Water
  • Bermondsey

Overground:

There are four stations in the Surrey Quays area:

  • Surrey Quays
  • Canada Water
  • Rotherhithe
  • South Bermondsey

Bus:

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

Surrey Quays is an area with a lot to offer residents. Surrey Quays is a great option if you're looking for a place to live that offers easy commutes to the heart of the capital and is more affordable than surrounding areas.

Contact us today to learn more about properties in the area.

Things To Do in Surrey Quays Properties

There's a lot to do in Surrey Quays, from exploring its history to enjoying its vibrant food scene. Here are five ideas to get you started.

  • Visit the Hays Galleria: This restored Victorian warehouse complex is home to various shops, restaurants, and bars. It's a great place to wander around, explore, or stop for a meal or drink. Hastings International’s Director, Thomas Backlog, says, "One of my favourite things to do in Surrey Quays is to visit the Hays Galleria. It's such a beautiful space, and there's always something new to see."
  • Take a walk along the River Thames: Surrey Quays is located on the River Thames, so it's a great place to go for a walk or a bike ride. You can also take a boat trip on the Thames, a great way to see the city from a different perspective.
  • Explore the Surrey Docks Farm: This urban farm is home to a variety of animals, including chickens, goats, and pigs. It's a great place to learn about where your food comes from and to get some fresh air.
  • Go shopping at Surrey Quays Shopping Centre: This large shopping centre has over 100 stores, so you're sure to find something you're looking for. There's also a food court with various restaurants to choose from.
  • Visit the Canada Water Library: This modern library is a great place to relax and read a book. It also has several events and activities, so you can always find something to do.

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