Area:Stepney
Catergory:A
Postcode:E1
In Congestion Zone:No – 1.9 miles outside.
Parking and Traffic:Permits & Meters.  No significant traffic trouble spots.
Ethnicity Bias:Asian
Investor ProfilePension, Business, Cash&Equity, University
Crime:ViolenceSexualBurglaryMotor
Per 1000 population3421012
Yield Range:6.8% - 8.9%
Price Ranges  Low £Hi       £Low £pwHi £pwLowHi
Studio flat100,000165,0001302606.8%8.2%
1 bed flat125,000195,0002153108.3%8.9%
2 bed flat140,000285,0002404257.8%8.9%
2 bed house175,000300,0002754157.2%8.2%
3 bed house200,000375,0003104956.9%8.1%
Valuations above the London average by:-29.5% (£170,406)
ActualLondon Average
Capital growth last 12 months:10.9%19%
 Capital growth last 48 months:34.6%89%
Tube:Stepney Green Hammersmith & City and District Lines (Zone 2) – 22 mins to Embankment.
Demand For Letting:Good
Average void period:5 days
Total(out of 10)Capital Growth(out of 5)Yield(out of 5)
Out of 10:743
Summary:Cheap flats can be had here with the strong possibility of capital growth in the short, medium and long term.
Sought After Streets:White Horse Lane, Louisa Street and Redmans Road.
Description:The east end in general is the one to watch.  It is generally run down with pockets of nice areas.  The Docklands has helped to bring up the area as well as the now functioning Canary Wharf.One thing I like about Stepney is that its cheap!  If you’re going to get a bargain in London its going to be in either Stepney or Poplar (see above).  The younger generation working in the city know this.  This has helped the mini boom in prices but you can see from the above figures you can still get a yield in excess of 8%.

This area also has mass appeal.  Its next to the London Hospital which is also a training hospital and also its convenient for a lot of the London universities.  So as well as tenant demand existing for city workers there is also demand from hospital workers, medics and students.

Estate Agents:NameAddressTelWeb
Property Liaisons of London Ltd1 Wapping Wall, London, E1W 3ST020 7680 0222www.propertyliaisons.co.uk
Atkinson McLeod Ltd135 Leman Street, London, E1 8EY020 7488 5555www.atkinsonmcleod.com
Phoenix Property (UK) LtdGun Court, 70 Wapping Lane, London, E1W 2RL020 7702 3434www.phoenixproperty.co.uk
FPD SavillsExecution Dock, 80 Wapping High Street, London, E1W 2NE020 7456 6800www.fpdsavills.co.uk
Strettons41 Artillery Lane, London, E1 7LD020 7375 1801www.strettons.co.uk
Docklands EstatesLion Court 435, The Highway
London
E1W 3HT
020 7790 7070www.docklandsestates.com
 Letting Agents:NameAddressTelWeb
Atkinson McLeod Ltd135 Leman Street, London, E1 8EY020 7488 5555www.atkinsonmcleod.com
Fell Property Management115 Ashfield Street, London, E1 3EX020 7790 4581www.fellproperty.co.uk
Phoenix Property (UK) LtdGun Court, 70 Wapping Lane, London, E1W 2RL020 7702 3434www.phoenixproperty.co.uk
Property Liaisons of London Ltd1 Wapping Wall, London, E1W 3ST020 7680 0222www.propertyliaisons.co.uk
Ananda Residential Lettings68 Merchant Court, Thorpes Yard
London
E1W 3SJ
020 7702 2323
Capital Dwellings Ltd47, Fashion St
London
E1 6PX
020 7375 1515