London’s first new high street in 100 years set for Canada Water

Plans have just been announced by Southwark Council to create a new town centre in Canada Water as part of a 53-acre development, which is set to take place over 15 years and will create the first new London high street for 100 years.

The new town centre will include two million square feet of workspaces and one million square feet dedicated to retail, leisure, entertainment and community space. The developments aim to make Canada Water increasingly desirable to young professionals.

Canada Water is the latest South London area to undergo significant regeneration. A combination of, the long-embedded Docklands regeneration and Canada Water’s location just one stop from Canary Wharf have caused investment to spill into the area.

These enhancements make Canada Water and the surrounding areas a great place for buy-to-let investment. Those wanting to invest in property are always looking for the next up-and-coming neighbourhood.

Areas that have experienced recent developments are prime locations for property investment. They often become popular with young professionals and families, increasing demand and causing rents to go up in the long term. They therefore offer great potential for BTL investors hoping to improve their capital value.   

Stephen Ludlow, Chairman of ludlowthompson, says “Canada Water is the next hotspot for buy-to-let property investors.”

“The new developments and infrastructure will make it an attractive place to work, live and enjoy.”

ludlowthompson maintains its transparency by encouraging customer reviews across a number of platforms. Over a three-year period, we ranked number 1 agent in the UK on all agents out of 15,000+ agents, with 5300+ 5* reviews. Here is a selection of recent reviews of happy customers of ludlowthompson via Google Reviews:

Helton Luis Miranda via Google Reviews:

“Sarah, from the ludlowthompson Canada Water office, was really helpful. She was always available and quick to reply every question. Great Service.”

Ana Sareijo via Google Reviews:

“We are buying our house through Ludlow Thompson and so far it has been a positive experience. Emma Nettleingham showed us the house and took us through all the process when we decided to buy it. She has been extremely helpful, always replying promptly.”