From its origins as a centre for agriculture, Stratford has gone from a dilapidated industrial region to a vital transport hub and essential shopping destination in the space of a few short years.
As with much of east London in the last century, Stratford, along with Bow, Limehouse and the rest of Canary Wharf was considered an area to avoid for those looking to buy property in London. The collapse of the shipping industry that had fuelled much of this region had left these areas depressed and therefore undesirable for potential investors.
What a difference a few years can make, the resurgence of Canary Wharf and the Isle of Dogs as a centre for big business, coupled with the expansion of central London and the investment in infrastructure leading up to and following the London 2012 Olympics, has seen Stratford transformed into one of the most popular regions for those looking to buy or rent property in east London.
The Stratford Shopping Centre, built in 1974, was joined by the larger Westfield shopping centre in 2011 and between them they provide one of the most comprehensive and engaging shopping experiences in London. Playing host to millions of shoppers every year. The influx of visitors to the region has provided a real boost to the local economy and as a result many young professionals and students have decided to call Stratford home.
House prices and rental rates in Stratford have steadily increased over the past few years, however, they are still comparatively cheap and as such renters looking to move to east London have taken advantage. Investors have also reaped the rewards as the increase in demand has seen them maximise their investment yield.
Aside from the shopping, it is Stratford’s status as a significant transport hub that makes it the ideal environment for commuters working in either the City or Canary Wharf. Stratford international, as the name suggests offers both national and international travel to commuters via regular Eurostar services. Whilst Stratford Station serves Greater Anglia Rail, the DLR and Overground services. Offering easy access to both Canary Wharf and Bank in less than 15 minutes.
If you are looking to buy or rent property in Stratford, or indeed if you would like to take advantage of the burgeoning demand for rental properties in E15 and would like information on any buy to let investment opportunities, then please don’t hesitate to contact our expert team of sales and lettings agents via the contact details below.
Tel: 0203 7637 123