Bankside is located on the southern bank of the Thames, directly across from the City of London. Historically, it was a hub for industry and entertainment, with landmarks like Shakespeare’s Globe Theatre and the original site of the Bear Gardens. Today, it has transformed into a thriving cultural district, blending its rich history with modern developments, making it a prime location in central London.
Bankside's Key Attractions
Bankside boasts some of London’s most iconic attractions, making it a highly desirable area for property buyers and investors. The Tate Modern draws art lovers from around the world, while Shakespeare’s Globe offers a unique cultural experience. Borough Market, one of London’s oldest food markets, is a major draw for foodies, adding to the area’s lively atmosphere.
The riverside location provides stunning views of landmarks such as St. Paul’s Cathedral and Tower Bridge. Bankside’s proximity to central London, with easy access to the City and West End, makes it ideal for professionals and families.
Property Market Trends
Bankside’s property market is characterised by a mix of modern apartments and period conversions, reflecting the area’s blend of history and contemporary living. Stylish riverside developments and converted warehouses are particularly popular, offering luxury living with excellent views. Property prices in Bankside remain strong due to its central location and cultural appeal, with average prices generally higher than in surrounding areas. However, these properties offer significant long-term value.
Bankside property is consistently popular, particularly with professionals working in the City or Canary Wharf, who are drawn by the short commute and vibrant lifestyle. Rental yields are strong, making it an attractive area for buy-to-let investors. The high demand for rental properties means the value of property and rental incomes remain competitive in Bankside.
Factors Driving Investment Appeal
Several factors contribute to Bankside's strong appeal for property investment. Its proximity to business hubs like the City of London and Canary Wharf makes it an ideal location for professionals seeking a short commute. This convenience is desirable in today’s fast-paced working environment, where ‘time is money’.
Ongoing regeneration projects in the area are also enhancing its investment potential. Developments such as the nearby Low Line project, which aims to create a vibrant pedestrian route along the railway viaducts, are expected to boost property values and attract new businesses. This revitalisation reflects a growing interest in urban living and underscores Bankside's status as a desirable location.
Bankside also benefits from excellent transport links, including London Bridge and Blackfriars stations, offering seamless connections to the Underground and rail services. These transport options facilitate easy access to the rest of London and enhance the area’s attractiveness for residents and investors, ensuring that property demand remains robust.
Our team are experts in the London property market, contact us to learn more about this popular residential location.
