With growing interest in London’s South Bank, Blackfriars stands to become one of the more popular areas for investment properties for sale. Situated in the southwest corner of London, this area draws its name from the road and nearby bridge, which in turn are named after a 13th century Dominican priory. After its dissolution, the area faded into the background until recent development with Blackfriars South station, the first new South Bank station in a hundred years.
Although the name Blackfriars is associated with both the North and Southern bridge heads of Blackfriars Bridge, the southern bank is experiencing regeneration of retail, leisure, residential, and office space in town. With the arrival of Crossrail in 2018 alongside 2 National Rail services and 2 Tube lines, the area will soon become a transportation hub. In addition, this region sits between Elephant & Castle and Nine Elms, both increasingly popular for residential and commercial properties for rent. Blackfriars also includes the art deco Unilever house and wedge-shaped art nouveau design of the Black Friar Pub.
Both Blackfriars Circus and One Blackfriars are introducing new public spaces, residences, retail, and offices to let to the area’s distinctly Victorian architecture. The latter will rival The Shard with over 50 storeys of mixed-use facilities and stunning riverfront views. This makeover of the Blackfriars area means that now is the time to invest in this southcentral are of London – before the costs for commercial properties to let rise as high as the planned developments.