Commute is 'shorter by water'
Riverside communities in London could soon hold a higher premium for rental property-seekers and home-buyers – and not only for the views across the Thames.
Recent woes on the underground have led to an upsurge of interest in river commuting, with Thames-based transport carriers now upping their capacity and planning to receive a swell of new customers.
Passenger boat services such as the Clipper have benefited from the freedom of the water, with the Waterloo Bridge-Canary Wharf service finding customers through the proximity of business hubs to the river – and the exemption of boat travel from the endemic delays of the underground network.
Managing director of the Clipper, Sean Collins, told the Independent: "We are under capacity at the moment and so have increased the service by adding six 120-seater boats to our fleet. The trip from Blackfriars to Canary Wharf takes only 18 minutes, making it the fastest method of getting to that particular destination."
Riverside flats in popular areas such as Waterloo, London Bridge and Blackfriars could become even more desirable should more Londoners opt for a commute that is only slightly more expensive and potentially much more comfortable than underground travel.
With Canary Wharf one of London's key employment centres, other riverside locations in easy boat access to the hub can be found along the Rotherhithe stretch of the south bank, making it a desirable location for rental property-seekers.
Published 7th February, 2008
© 2008 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Barking Splash Park opens this weekend
Barking Splash Park will be free to use this weekend (May 25th-27th) to mark its opening.
Read Article ... Published on 24th May, 2012
Southwark estates to get cheaper energy bills
Residents in Southwark can look forward to cheaper energy bills thanks to the creation of a new underground green network.
Read Article ... Published on 23rd May, 2012
Enfield £1.3bn masterplan unveiled
A masterplan has been unveiled that will see a 200-acre site in Enfield regenerated as part of a £1.3 billion plan.
Read Article ... Published on 23rd May, 2012
Londoners encouraged to grow their own fruit and veg
People in London are being encouraged to grow their own fruit and vegetables.
Read Article ... Published on 22nd May, 2012
Merton 'embraces green improvements'
Merton is now a cleaner, greener location to live in thanks to the implementation of the Wandle Valley Low Carbon Zone (LCZ).
Read Article ... Published on 22nd May, 2012
London house prices rise by 1,782% in past 35 years
London house prices have increased by 1,782 per cent in the last 35 years.
Read Article ... Published on 21st May, 2012
Poplar's Chrisp Street to get £100m regeneration
Some £100 million is to be spent regenerating the Chrisp Street area of Poplar in Tower Hamlets.
Read Article ... Published on 21st May, 2012
Putney community hall gets £150k refurb
Newlands Hall in Putney Vale, Wandsworth, has reopened after undergoing significant refurbishments.
Read Article ... Published on 18th May, 2012
Harrow cycling and walking routes improved
Extensive improvements have been be made to the cycling and walking routes in Harrow.
Read Article ... Published on 17th May, 2012
Norwood Park gets outdoors gym installed
An outdoor gym has been installed in Norwood Park in an effort to encourage more people to take up exercise.
Read Article ... Published on 16th May, 2012
Riverside communities in London could soon hold a higher premium for rental property-seekers and home-buyers – and not only for the views across the Thames.