With the launch of the new apartments in Canary Wharf, Vertus is looking to bring a new type of living to the area, deemed as “providing access to the lifestyle you want without the commitment of owning”. As the first of three major residential projects in the Canary Wharf area by the group, 10 George Street offers fully designed apartments that are ready to move in to. The development aims to build a stronger sense of community for new residents in the area who want to live in the city and have access to a wide range of amenities that other apartments in the area don’t currently offer.
Meeting demand in the area
Opening as the first of three developments in close proximity to each other, with 8 Water Street & Newfoundland opening later in 2020, Vertus is launching 10 George Street as a time when demand for accommodation in the area is at an all-time high. The build-to-rent (BTR) sector is becoming a popular avenue for many young workers in the London docklands who want greater flexibility in where and how they choose to live. With home ownership at its lowest rates ever in the UK, more people are renting than ever, and the average person wants to rent spaces that make commuting, living and access to services a priority in how they live.
10 George Street is being heralded as a new landmark in Canary Wharf’s new district, Wood Wharf, which is aiming to provide up to 3,600 new homes, as well as increased public spaces, squares and parks in the Docklands areas to build a vibrant local community.
Why 10 George Street is changing the face of property in Canary Wharf
The first development by Vertus to be completed and ready for viewing, 10 George Street is opening its doors to 327 brand new residences. Apartments across the 37 storey building range from studio to three-bedroom and come fully fitted for a seamless entry to the area, with apartments furnished by interior design house Angel O’Donnell, and High-speed Virgin Media broadband as standard.
Vertus is pioneering a new method of renting that they hope will pave the way for a better tenancy culture in London. The development is providing a 21st-century approach to letting, with tenants having the ability to sign to a tenancy term to suit their needs and allow themselves flexible deposit options. With apartments available from £1,950 per calendar month, 10 George Street offers varying apartment types and styles to suit individual needs.
10 George Street also offers complete transparency with no hidden fees for tenants and one simple figure for rent that works and is flexible for the tenant.
Amenities offered at 10 George Street
One of the key elements of the new project is the adaptation of facilities that reflect the modern renter, with as over 6,000 sq. ft. of amenities space for tenants and guests.
10 George Street provides an around the clock concierge, gym studio, storage facilities, on-site management, and guest suites for residents.
With a south-facing terrace looking over the historic South Dock, dining room, lounge and self-service bar, 10 George Street is also providing a new hub to help build a greater sense of community between neighbours.
Part of the Canary Wharf Group, Vertus is a landlord operating in the Canary Wharf area with a focus on bringing a thriving community to the Estate.
For over 30 years, Canary Wharf Group has worked to build a community in this area of London through estate management, building management, public space management and security. Now, Vertus is going to improve residential letting in the area, managing all aspects of the build-to-rent developments on the Estate.
10 George Street is the first location opening at part of the Vertus portfolio, which currently consists of three buildings nearing completion. When two more are completed in Summer 2020, Vertus will have created 1,137 build-to-rent residential apartments in the Canary Wharf area.
Vertus will manage the residential leasing and management of the buildings and the individual apartments. Vertus will be dedicated to meeting the needs of their customers and residents by providing a first-class service 24 hours a day, 365 days per year.