Wapping is one of London’s hidden gems and resides in plain sight along London’s riverside. Until the 1980s, Wapping was a run-down and derelict inner city wasteland until the London Docklands Development Corporation (LDDC) was charged with redeveloping the area. Today, Wapping forms a historic village among the hustle and bustle of Central London.
The periphery of the neighbourhood comprises walls built in the 19th century to stop the theft of cargo, giving Wapping an enclosed village feel, enhanced by the retained history in the riverside wharves and cobbled surfaces of Wapping High Street.
Wapping also boasts some of London’s finest (and oldest) riverside pubs such as the Prospect of Whitby and the Captain Kidd, and oozes traditional London neighbourhood values retained in the butcher, baker, and greengrocer on Wapping Lane.
The proximity of Wapping to the City of London means that residents take advantage of walking or cycling to work within 30 minutes, and the re-opening of Wapping station in 2010 connected Wapping to London’s ever expanding transport network, meaning that Bond St in the West End, Westfield Stratford in the east, and Clapham Junction in the south are all accessible within 25 minutes.
What can you buy in Wapping?
Wapping is characterised by the redeveloped riverside wharves offering modern loft living with panoramic river views. These properties offer a unique lifestyle in buildings steeped in centuries of London’s history. Exposed brick walls, south-facing, river-fronted terraces and stunning original features, mean that these buildings come at a price, but they can be surprisingly affordable compared to the prime-location areas of London.
Today it is likely that a number of these flats will need a cosmetic refurbishment if they haven’t been updated since the 1980s or 1990s, but this further provides an opportunity to personalise your part of these individual buildings.
Set back from the riverside, you are more likely to find the housing developments commissioned by the LDDC in the 1980s and 1990s. These boast a more affordable option to loft living, with spacious townhouses and apartment blocks within walking distance of the city.
Wapping is also developing further with new higher rise developments such as Ballymore’s 21 Wapping Lane opposite the historic Tobacco Dock and London’s only inland pirate ship. These offer modern living within Wapping village next to the scene of James Bond’s famous speedboat chase in ‘Tomorrow Never Dies’. London Docks, the 15 acre former News International site purchased by St George in 2012 has offered further investment options in London’s rediscovered city fringe.