Property management in Tower Hamlets, London

2 bed rent

£2,360 a month

3 bed rent

£2,890 a month

Typical sale price

£573,350

Gross yield

5.4%

Read around E3. Rents are advertised rents; the sale price is the average of completed sales in the last twelve months.

Tower Hamlets is an inner east London borough where rents are above the London average around Canary Wharf and the riverside, though more moderate in parts of Bethnal Green and Bow further inland. The borough covers a relatively small area but contains a striking range of housing and rent levels within it.

The borough has a striking mix of housing, from converted Victorian terraces in Bethnal Green and Bow, to former warehouses around Wapping and Shadwell, and high-rise new-build apartments clustered around Canary Wharf and the Isle of Dogs, which together give Tower Hamlets one of the most varied housing stocks of any London borough.

Canary Wharf, Bethnal Green, Bow Road and Whitechapel stations, along with the Jubilee, Central and District lines, the DLR and the Elizabeth line, give the borough some of the strongest transport connections in London, so tenants include a large number of professionals working in financial and professional services around Canary Wharf, alongside families and sharers in the more residential streets further west.

For a landlord, the concentration of office-based employment around Canary Wharf means demand for flats in that part of the borough is closely tied to the financial sector, while houses and conversions further inland tend to appeal to a more settled, family-based market, so the two ends of the borough can behave quite differently. The Isle of Dogs peninsula has seen the most intense concentration of new-build towers in recent years, while streets just inland retain a much more traditional, low-rise character.

Brick Lane and Spitalfields, on the boroughs western edge, retain a strong market and food culture that draws visitors from across London, while Victoria Park, one of the oldest public parks in the country, gives residents of Bow and Bethnal Green a substantial area of green space close to home.

• Rent collected and paid to you within 3 working days of your tenant paying
• Your rent held in a ring-fenced client account, separate from Caso's own money, until it is paid to you
• Tenant calls and messages answered 24 hours a day, every day
• Repairs assessed, priced and arranged for you, charged at the contractor's invoice with no markup
• A monthly statement for each property, with every invoice attached, in your portal
• Late rent chased from the first day it is overdue, with a dated record
• Tenancy agreement drawn up and signed online
• Renewals, changes of tenant and legal notices prepared and served
• Rent reviewed every year and the Section 13 rent increase notice served for you
• Deposit protected with the Tenancy Deposit Scheme within 30 days, and the deposit paperwork the law requires served on your tenant
• Deposit deductions agreed and the deposit returned at the end of the tenancy
• Gas safety, electrical safety and energy certificates renewed before they expire, at cost
• Smoke and carbon monoxide alarms checked and recorded
• Council landlord licence applied for where your area needs one, and its renewal date tracked
• Optional: rent guarantee at cost, with no markup. You are paid even when the tenant does not pay.

Selective or HMO licence (council licence). The London Borough of Tower Hamlets reviews its selective and additional licensing schemes from time to time, and schemes can cover named wards or streets only. We check the register against your exact address before the first tenancy.