Where to buy on Crossrail: Whitechapel set for GBP300m investment bringing new homes and an upgraded market

You can see the City’s shining skyscrapers from the Tube, but there is not much evidence that Crossrail investment has been flowing into this section. You will see the traffic-stretched A11, lined with market stalls, and determinedly unmotivated cafes, restaurants, and boozers. Kolapata serves some of the best Bangladeshi food anywhere in London. If you are looking for something more traditional, Stepney City Farm Cafe offers a light lunch made with homegrown produce. Townsend, at Whitechapel Gallery is a great addition. “The real magic of Whitechapel to me is the strange mix of people it has — students, people like myself, the Asian community. It’s like a little melting-pot,” says Brendan Spaun who moved to the area in 2018 Brendan SpaunSince then, he has seen the area change with new developments and businesses. He walks a 10-minute distance to his flat and stops at The Culpeper for drinks. He said, “The beauty of it is that you can also walk to Shoreditch within 20 minutes.” He admits that his neighborhood can be “a little rough”, but he doesn’t believe it to be dangerous. Spaun and a friend rent a two-bedroom apartment in London for GBP1,600 per month. He says, “We got a panademic deal.” According to Winkworth, during that time period, demand for urban flats plummeted and rents dropped by around a third. However, demand is increasing. A two-bedroom apartment with an average size will cost you around GBP1,900 per month. This is a bit less than Shoreditch where rents start at GBP2,000 per month. Cluttons’ James Hyman is optimistic about Whitechapel’s future. The area’s great transport links, close proximity to the City, and low prices make it a hotspot. He said that although it is quite primitive, it is still in a period of evolution. “Young buyers in tech and media love its rawness and edginess. It is a vibrant, multicultural area of London with great potential. Imagine how Peckham has changed over the past 10 year. That is what will happen in Whitechapel. “The Silk District, a development consisting of nearly 700 homes in three buildings and shops, is the first Crossrail-inspired change to Whitechapel. For a one-bedroom apartment, prices start at GBP587,000. It is part of a GBP300million regeneration area that will include a life science campus and Crossrail station. A more contentious project is the redevelopment Whitechapel Bell Foundry. The Government granted permission last spring to convert the 450-year old building, which is where Big Ben and Liberty Bell were made, into a boutique hotel. Tower Hamlets council has GBP11million to upgrade Whitechapel Market and Londonewcastle plans to redevelop Whitechapel Estate with 550 houses.