City October 2012

REVIEW LONDON PROPERTY

CITY, ISLINGTON & DOCKLANDS

OCTOBER 2012

Winehouse link

Amy villa is next door

Restoration

Huguenot revival

Movie location Run Fatboy Run in the penthouse

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E I

A h

T r t a s t A

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S L

A o

Willow Bridge Road, Islington N1

An stunning four bedroom period house in a fabulous location A magnificent Victorian semi-detached house at the top of Willow Bridge Road offering superb proportions over four floors. 4 bedrooms, 2 reception rooms, large kitchen, conservatory, utility room, bathroom, garden and off street parking. Approximately 284.27sq m (3060sq ft)

A h p k w k r r b A

knightFrank.co.uk/islington islington@knightfrank.com 020 3657 7340

A

Freehold Guide Price £3,500,000

K i 0

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LPR - Full pg - Willow Bridge Road - 17 September 2012 - 25740

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LPR

Elizabeth Avenue, Islington N1 A bright three bedroom period house.

This period property offers two reception rooms on the ground floor with the kitchen to the rear opening onto the garden. There are three bedrooms, two of which are on the second floor and one on the first floor, next to the bathroom.

Approximately 113.57sq m (1222sq ft) Asking Price: £945,000

KnightFrank.co.uk/islington islington@knightfrank.com 020 3657 7340

St Jude Street London N16 A bright contemporary home opposite the park.

An extremely attractive period house that has been re-designed creating large open plan living over three floors. The kitchen/dining room is on the lower floor with a superb internal patio garden, large kitchen and study/dining area. On the raised ground floor there is a bright double reception room and two bedrooms and a bathroom on the upper floor.

Approximately 138sq m (1485sq ft).

Asking Price: £925,000

KnightFrank.co.uk/islington islington@knightfrank.com 020 3657 7340

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contents OCTOBER

43

56 NEWS AND FEATURES

29

12

MARKET VIEW Not so bad. London’s a great place to do business – ask foreign investors, suggests Robert Bailey.

14

12

14

13

28

NEWS Up and down prices. Overseas buyers looking for a safe haven underpin demand, reports Cheryl Markosky.

NEWS Post Olympic pick-up. Vendors may need to adjust their prices to attract a fresh wave of motivated buyers.

FINANCEPaying less. The slice of salary homeowners use for their mortgages is decreasing as rates remain low.

BEST BUYS Fixed, discount or tracker – check out the facts, figures and interest rates from our current top ten mortgages.

14

FINANCE Switch hunt. Seek out the best of the bewitching new mortgage deals being launched, says Duncan Farmer.

NEW HOMES Iona high-spec flat.

Check out one of the most affordable options for buyers with eyes on the City.

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10

REVIEW LONDON property

PUBLISHING Publisher Richard Nugent 07964 384341 propertyreview@hotmail.com EDITORIAL Editor Bob Stonebridge 01536 330314 cityeditorial@propertyreview.org.uk Contributors Cheryl Markosky Duncan Farmer Robert Bailey

FOR SALE & TO RENT

32

ISLINGTON, HIGHBURY, CANONBURY, BARNSBURY, ANGEL Amy Winehouse connection. A semidetached villa for sale on Camden Square is the house next door to the former home of the late soul singer and songwriter.

Cover Photo: © Neil Lang at www.shutterstock.com DESIGN & PRODUCTION Caroline Nall 01536 418181 city@typestart.co.uk Typestart Limited, 1 Rothwell Grange Court, Rothwell Road, Kettering, Northants NN16 8FB www.typestart.co.uk

42

BLOOMSBURY, SHOREDITCH, CLERKENWELL, SPITALFIELDS, MOORGATE, LONDON FIELDS Huguenot revival. An architect has spent years rebuilding, restoring and refurbishing his home and design practice offices at a Georgian house in Spitalfields.

SUBSCRIPTIONS 01536 330314 or subscriptions@propertyreview.org.uk Property Review 23a St James’s Street, London SW1A 1HG © Copyright Property Review. No part of this magazine may be reproduced without the prior permission of the publishers.

Property Review cannot be responsible for unsolicited material. All prices are correct at time of going to press but are subject to change.

55

SHAD THAMES, WAPPING, ISLE OF DOGS, CANARY WHARF, LONDON BRIDGE, BERMONDSEY, ROTHERHITHE Run Fatboy Run. The 2007 movie starring Simon Pegg contains a marriage proposal scene filmed at the tower block where a 17th floor apartment is now on the market.

44 5

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Bezier Apartments Islington EC1Y Iconic City apartment

A stunning two bedroom apartment set on the eighth floor of this luxurious development. The apartment consists two double bedrooms, two beautiful bathrooms, a large reception room with open plan modern kitchen and two balconies that are accessed off the reception room and bedrooms.

Furnished Guide price: £900 per week

Islington Lettings IslingtonLettings@knightfrank.com 020 3657 7360

Carronade Court Islington N7 Fantastic portered development

A bright and spacious two bedroom apartment set on the fourth floor of this portered development. The flat consists two double bedrooms, two bathrooms, a large open plan kitchen and reception room and a private balcony.

Furnished Guide price: £445 per week

Islington Lettings IslingtonLettings@knightfrank.com 020 3657 7360

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Prop

:11

Elizabeth Avenue, Islington N1 Beautiful Period Home

A beautifully presented three bedroom house situated on Elizabeth Avenue. The property comprises is split over three floors, on the raised ground floor is a large open plan kitchen and reception room, two double bedrooms and bathroom are found on the second floor and the third double bedroom us situated on the top floor. The property has been decorated to a good standard and has ample storage.

Islington Lettings IslingtonLettings@knightfrank.com 020 3657 7360

Furnished Guide price: £695 per week

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26/09/2012 12:34:56

Olivers Wharf, Wapping E1W Spectacular warehouse conversion

On the fourth floor of this characterful development, a larger than average apartment with exposed brickwork and beams extending to 213 sq m (2,289 sq ft). Olivers Wharf is a listed Victorian warehouse in the Venetian Gothic style and was one of the first buildings in Docklands to be converted to residential use. Master bedroom with en suite shower room, bathroom, large reception room, semi open-plan kitchen, dining area, utility room, lift, porter and secure parking.

Furnished or Unfurnished

KnightFrank.co.uk/Lettings wappinglettings@knightfrank.com 020 7480 6848

Guide Price: £895 per week

8

(ASP167614)

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Prop

:24

Exchange Building, Spitalfields E1

New Crane Wharf, Wapping E1W

A light and bright flat in excellent condition in this converted tobacco works in Spitalfields. Master bedroom with en suite shower room, second bedroom, bathroom, reception room with open plan kitchen, entrance hall, lift, porterage and parking.

Unfurnished

A delightful apartment renovated to a very high standard in this popular converted warehouse. 1 bedroom, 1 bathroom, generous reception room and entrance hall, fantastic river views, underground car parking, 24 hour porterage and lift access.

Guide Price: £795 per week

Guide Price: £495 per week

KnightFrank.co.uk/Lettings

KnightFrank.co.uk/Lettings

020 7480 6848 wappinglettings@knightfrank.com

Gun Place, Wapping Lane E1W

Furnished

020 7480 6848 wappinglettings@knightfrank.com

Mace Close, Wapping E1W

A newly refurbished apartment to rent on the third floor of this portered warehouse conversion on Wapping Lane. 1 bedroom, 1 bathroom, reception room, open plan fitted kitchen, exposed brick work and a car parking space.

A spacious house with views over the canal. 3 bedrooms, 3 bathrooms (all en suite), reception room, large kitchen dining room with access into a private patio garden and a garage. The property is set over three floors and offers excellent living space.

Furnished

Unfurnished

Guide Price: £390 per week

Guide Price: £650 per week

KnightFrank.co.uk/Lettings

KnightFrank.co.uk/Lettings

020 7480 6848 wappinglettings@knightfrank.com

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Property Review QP 2 October 2012 - 17 September 2012 - 25741

020 7480 6848 wappinglettings@knightfrank.com

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CRN Knight Frank DPS.indd 1

26/09/2012 10:36

LONDON PROPERTY

REVIEW

Living loft-style in The Penthouse Private gates lead to an inner courtyard and off-street parking for one car on your way into the loft-style apartment for sale on Gaskin Street, Islington.

A lift or stairwell takes you to the second floor of The Penthouse and a huge open plan kitchen and living area with soaring ceilings and a double-height window.

The reception space has two sets of French windows that open out onto a wide decked terrace and garden.

The third floor has two bedrooms, each with an en suite bathroom, and the top floor contains the master bedroom with an en suite dressing room, bathroom and shower room. Folding doors open out onto a terrace, and there’s also a study on this level.

Natural light fills the apartment and there are superb views southwards across the City. Total living space is almost 3000 sq ft. Gaskin Street runs between Essex Road and bustling Upper Street, and is handy for Angel shopping and tube station.

The Penthouse, Gaskin Street, Islington N1, £3.25m, Knight Frank 020 3657 7340

“ This is a fabulous loft-style apartment in the heart of Islington, moments from all the shops, bars and transport facilities of Angel” Daniel Omell, Knight Frank

11 CRN Knight Frank DPS.indd 2

26/09/2012 10:36

LONDON PROPERTY

REVIEW

Market view Things might look bleak to us, but outsiders love London, says property-finder Robert Bailey I went on holiday last month and I have to say it did me the world of good. In years past, I didn’t think I could get away. I felt like I could never go on vacation, as I needed to be there for my clients.

Before long though, I burnt out. I soon realised that a holiday was not only good for me, but for my clients too, as I returned refreshed and enthusiastic. This year, however, I’ve returned even more buoyant than usual.

On my travels I went to Spain and Greece. The fact that these two countries are suffering financial problems was just a coincidence, but it proved useful from a business perspective. As soon as anyone learned that I worked as a buying agent in central London, they were desperate to speak to me.

They know that if Greece returns to the drachma, or Spain to the peseta, their assets will halve. Understandably, they’re keen to invest in London property, which is not only an appreciating resource, but they also know they’re investing in a stable currency.

What surprised me most of all was that many of these investors aren’t simply looking to invest in a buy-to-let portfolio. Instead, many are considering setting up or moving their businesses to London. The capital is seen as a good place to do business, with links to the EU and the US – but safely outside both. Many also emphasised how incorruptible British business is, something I often take for granted. Without a doubt, I think we’re going to see a lot more foreign investment in London and the UK on the whole.

I also came away with a new appreciation for my home city. Seeing it through foreigners’ eyes, it became obvious how much I take for granted. They told tales of when looking slightly lost, complete strangers offered directions. Everyone commented on how polite the British are, but more than anything, they emphasised how open to business London is. It is easy to complain about the nuisances we all experience living in this city, but traffic and weather grievances aside, it really is one of the world’s greatest places to live.

Every day we read scary headlines about the dire state of our economy and social problems, but our problems pale in comparison to what is happening on some parts of the continent. We’re not part of the eurozone, and while our economy may not be booming, I have yet to meet anyone who does not think we’ll pull through. Others are seeing our positivity and want to be a part of it. www.robertbaileyproperty.com • 020 7352 0899

Prices up, prices down Cheryl Markosky brings you the latest word on the streets London’s prime London’s prime residential values rose by an average of 0.9 per cent in the second quarter this year, and annual growth slowed to 6 per cent, as some of the heat came out of the market in the summer.

According to Savills Research, growth in prime central London slowed to only 0.4 per cent, but this figure can be misleading, hiding a divergence between various areas. Prices in Chelsea, Mayfair, Belgravia and Knightsbridge rose by over 1 per cent, while those in Marylebone, Notting Hill, Kensington and Holland Park fell marginally.

The lull in price growth in London is likely to affect other prime markets and contribute to weaker buyer sentiment flowing from the wider economic outlook. This indicates a similar period of static prices, though a lack of newbuild supply in Canary Wharf may allow that submarket to close the gap on its counterparts.

“This reflects how different parts of the market have reacted to key market drivers,” explains Yolande Barnes, Savills director of research. “Overseas buyers remained committed to the very best central locations, accounting for 58 per cent of buyers in the first half of 2012. Here, buyers looking for safe haven investments have underpinned demand.

“By contrast, there’s been a general lack of urgency among other buyers, because of uncertainty over both the global economic outlook and the effect of stamp duty and associated tax

changes introduced in the budget. In higher price bands the effect of this increased tax burden has had less of an effect.”

There were more than 100 sales of £5 million-plus residential properties in the three months to the end of June 2012, the total value exceeding £1 billion in a quarter, for only the fourth time over the past five years. Though limited in supply, sales of new-build property tailored towards the needs of high-net-worth overseas buyers have been particularly strong. They accounted for 15 per cent of these £5 million-plus sales. International demand is less of a market driver in other prime locations and this has resulted in a slower, but less volatile recovery to date.

Barnes adds that it is three years since the markets bottomed out and we’ve seen a period of intense activity and price growth, meaning prices are higher than their 2007 peak across all of the prime London markets and 21 per cent above peak in central London.

That leaves less capacity for further price growth in the short term.

Stamp duty changes on homes over £2 million means buyers are finding it more difficult to structure transactions in a way that protects their wider tax position. Additionally, the currency play that acted as a catalyst for price growth has been eroded.

However, longer-term fundamentals for central London look sound, with Savills expecting that after the market plateaus for a period, five-year growth is forecast at around 23 per cent.

“ Buyers looking for safe haven investments have underpinned demand” Yolande Barnes, Savills

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26/09/2012 10:37

LONDON PROPERTY

REVIEW Access all areas Ever wondered what happens to the Athletes Village for London 2012 after the Olympics and Paralympics are over? As mentioned on these pages already, East Village, which was home to athletes from around the world during both events, is set to become one of the most accessible and inclusive neighbourhoods in Europe for residents from next summer.

The village has been designed to ensure that everyone – including those with disabilities – will benefit from the homes and world-class facilities on site. With Queen Elizabeth Park nearby, anyone moving to this legacy neighbourhood can enjoy Olympic facilities, such as the iconic Aquatics Centre. The village is also serviced by the new DLR Stratford International station.

While all homes were temporarily adapted for the Paralympians, now that the Games are over just under 10 per cent of the 2818 homes will remain kitted out to cater for residents with disabilities. These 240 homes (including 10 per cent of the village’s social rent and 8 per cent of its intermediate and market homes) have been designed to exceed industry standards for the disabled.

Elliot Lipton, director of Triathlon Homes, says: “Accessibility has been a cornerstone of our plans from the very start, and our vision for East Village post-Games and as part of the Olympic legacy was always to create a sustainable residential community that was fully integrated, irrespective of people’s physical ability.”

“ Our vision for East Village postGames was always to create a sustainable residential community that was fully integrated” Elliot Lipton, Triathlon Homes

Post Olympic pick-up While the Queen’s Jubilee and Olympics thrilled the nation, this nationalistic love of Britain didn’t necessarily transfer itself into higher sales for estate agencies. But after a far healthier looking first half of the year compared to 2011, agents are hoping there will be more enthusiasm to move after all our celebrations.

In the first six months of the year, Townends estate agents reported a 29 per cent rise in applicant numbers, with new instructions static and sales completed up by 20 per cent. Douglas Sleaper, Townends group sales director says: “Such promising figures reflected a more positive start to the year, leaving everyone feeling more confident about the market as a whole. However, this has been an exceptional year for national events that’s undoubtedly encouraged more homeowners to postpone plans for moving until after the summer.”

Although there were some price falls over the summer months that will reverse the gains in value seen in the first quarter of the year, this shouldn’t discourage those wishing to move, suggests Sleaper. “But, vendors may need to adjust their prices accordingly in order to attract motivated buyers.”

While the outlook for the second half of the year remains cautious, the launch of the Government’s new £80 billion Funding for Lending scheme “should have the potential to increase available lending funds and ultimately stimulate market activity,” argues Sleaper. “The housing market’s driven by sentiment, and we hope that some much-needed post-Olympic positivity, as a result of the UK’s success, will bring a flurry of autumn activity.”

“ Vendors may need to adjust their prices in order to attract motivated buyers” Douglas Sleaper, Townends

Patrick pontificates Patrick Bullick, chairman NAEA London Region and MD of Stanley Chelsea, holds forth There seems to be an active property market. We have a raft of clients wishing to invest further into Central London property, while others have concerns about the never ending eurozone crisis, or simply have a personal need to sell and move on. Lettings seem reasonably busy too, but not as pumped-up as the press would have you believe. So it looks like we will be pretty busy this autumn.

At a macro-economic and political level too there is so much happening that I cannot confine myself to the usual couple of subjects. So bear with me as I jump around.

Thanks to the Cabinet reshuffle, we now have a new Minister for Housing and Local Development. He is a qualified surveyor and used to be in the property and development business. Hopefully this means he will put forward only ‘property sensible’ legislation and lobby hard for the sector within government with some real knowledge of how things work. We shall see.

The latest announcements from Cameron and Clegg loosening planning regulations have to be a good thing for house building in the UK. London and the South East in particular need radical building programmes to meet demand.

This brings me to the topic of Heathrow and the third runway, much in the news again because of clever lobbying by a few prominent businesses with a clear vested interest: BA, BAA, Virgin – hardly impartial. Weak unimaginative politicians allow themselves to be sucked in by their propaganda. I am completely with Boris on this one. What is needed for the long-term best interest of London and the UK is a brand new hub airport, preferably in the Thames Estuary.

The value of the land at Heathrow is around £10 billion and by some estimates there is room to build up to 250,000 new homes on the site. A Thames Estuary airport could easily be funded by private investment as there are huge pension funds and other financial institutions that need to find infrastructure projects in which to invest.

On the negative side at the moment, the introduction of a new 7 per cent stamp duty (a property purchase tax in all but name) on property purchases over £2 million is inevitably having a ‘pegging’ effect on properties that would naturally have a value between £2 million and £2.5 million, and which are not in absolutely prime areas.

The National Association of Estate Agents (NAEA), of which I am chairman in the London Region, is vehemently against stamp duty as a form of tax. It only serves to impede people’s ability to buy and sell their property, which is in turn bad for the fluid movement of labour needed for a thriving economy.

Unfortunately, the Treasury just don’t get it.

Let us hope our new Housing Minister ‘gets it’ and helps the Chancellor to see sense. Is that a pig I see flying low over Chelsea? Oh, and into Heathrow.

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26/09/2012 10:37

LONDON PROPERTY

REVIEW

MONEY

Switch hunt Seek out the bewitching new deals, says Duncan Farmer

Homeowners pay less for their mortgages

If Nationwide’s latest house price figures, which showed average house prices rising by 1.3 per cent in August, were a surprise, they were nothing compared with Land Registry data showing a 6.5 per cent jump in London prices in July.

Analysts say both are statistical anomalies, skewed by seasonal adjustment – and very low volumes of actual sales. Even so, they are far better than expected. Wet weather failed to put off buyers, and the Olympics, Diamond Jubilee and Euro 2012 football tournament don’t seem to have had the downward push on values many had feared.

With many lenders now cutting rates as September heralds the start of a final push in property sales before the end of the year, the next couple of months could bring more good news.

“Lenders are keen to take advantage of the expected flurry of activity with a number launching new deals designed to entice borrowers,” says Mark Harris of SPF Private Clients. “So whether you’re buying a new home or simply remortgaging your

The amount of money homeowners are using to pay their mortgages is falling as rates continue to remain low. According to the latest figures, borrowers set aside only 29 per cent of their salary to pay their home loan, compared with 40 per cent between 2005 and 2007.

That is hardly surprising as average standard variable rate loans now have a rate of 3.1 per cent, compared with 5.4 per cent in 2007. The difference in house prices over the period is minimal: in 2007 average prices stood at £167,860 as opposed to £164,729 today.

existing one, there are plenty of attractive options available.”

If you have plenty of equity in your home, Northern Rock has launched a two-year fix pegged at 2.79 per cent for those requiring a 55 per cent loan to value, although it does have a £1095 fee.

Skipton Building Society has cut rates on its two, three and five-year fixes on buy-to-let and some residential deals by up to 0.4 percentage points, while Woolwich has launched a number of remortgage deals designed to attract borrowers whose lenders may have raised their standard variable rates.

For example, it has cut its two-year fix from 3.74 to 3.49 per cent, and reduced a selection of two, four and five-year fixed rates by up to 0.3 percentage points on loans between 70 and 90 per cent loan to value. Existing customers can also qualify for a fee-free five-year fixed rate at 3.49 per cent on loans up to 95 per cent.

“With some great deals being launched, it is well worth looking at what’s available and assessing whether you would be better off switching from your current deal,” says Harris.

Current Best Buy Mortgages

Fixed Rates

Source: Charcol Ltd 0800 718191 www.charcol.co.uk

LENDER

CURRENT RATE

UNTIL

GO TO RATE

THE OVERALL COST FOR COMPARISON IS

MAX ADV

HIGHER LENDING CHARGE

EARLY REPAYMENT CHARGE (ERC)

LENDER FEE

LENDER EXIT FEE

Woolwich

2.89%

31/12/14

3.89%

3.9% APR

60%

None

3% to 31/12/14.

Can repay up to 10% p.a. ERC free.

£999

£275

Accord

3.29%

30/9/15

5.99%

5.7% APR

75%

None

3% to 30/9/15. Can repay up to 10% p.a. ERC free.

£995

£90

NatWest

2.95%

31/10/17

4.00%

3.8% APR

60%

None

5/4/3/2/1% to 31/10/17. Can repay up to 10% p.a. ERC free.

£2,495

Nil

On remortgages free valuation and free legal fees.

Northern Rock (Virgin Money)

3.49%

31/10/17

4.79%

4.5% APR

70%

None

5% to 31/10/17.

Can repay up to 10% p.a. ERC free.

£1,094

Nil

On remortgages free valuation and free legal fees. Flexible.

NOTES On remortgages free valuation and free legal fees. Also available at 3.09% up to 70% LTV. Flexible.

Free valuation fee up to £480. On remortgages free legal fees. On purchases £250 c/b. Also available at 3.19% with no freebies. Flexible.

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26/09/2012 10:38

LONDON PROPERTY

REVIEW

Seven-year fix HSBC has announced a seven-year, fee-free, fixed-rate mortgage available at up to 90 per cent of a property’s purchase price. The new loan has a rate of 4.89 per cent, and is also available as a two, three and five-year fix, and it has no booking fee, standard valuation or completion fee.

HSBC is also offering a fee-free lifetime tracker for first-time buyers and home movers at a rate of 4.49 per cent, again for borrowers with a deposit of just 10 per cent.

Peter Dockar, head of mortgages at HSBC, said: “These latest products offer first-time buyers the helping hand they need to get onto the property ladder with a market-leading rate and no upfront fees. We are committed to helping our customers finance their homes, and with the strength of our funding model will continue to support borrowers by offering affordable mortgages.”

Lending a hand

It costs us more, says Santander

As reports suggest it is becoming harder for firsttime buyers to get on the property ladder, there are still schemes out there offering help to young buyers, such as Lloyds Lend a Hand, where a youngster puts down a five per cent deposit and their parents invest 20 per cent of the purchase price in a savings account with Lloyds as additional security.

Mark Harris of SPF said: “Other schemes include the Family First Guarantor mortgage from National Counties Building Society and Bath Building Society’s Parental Assisted Mortgage Scheme. Both require a second charge over the parents’ property.”

Spanish bank Santander, which includes brands such as Abbey, is increasing rates for borrowers on its standard variable rate from October in a move that will add hundreds of pounds to customers’ annual repayments.

The rate is rising by rate by 0.5 percentage points from 4.24 to 4.74 per cent on October 3. A borrower with a £200,000 25-year mortgage will see their repayments climb by £56 a month or £680 over a year. A spokesperson for Santander said: “This move is prompted by several factors, most notably the fact that for the last three years the amount it costs us to provide mortgages and the rates we offer our savings customers have been increasing despite the base rate remaining static.” Earlier in the year there was a spate of increases as Halifax, Royal Bank of Scotland and Bank of Ireland all raised their rates.

Variable Rates (Tracker & Discount Off SVR) LENDER

CURRENT RATE

DISCOUNT AND TERM

GO TO RATE

THE OVERALL COST FOR COMPARISON IS

MAX ADV

HIGHER LENDING CHARGE

EARLY REPAYMENT CHARGE (ERC)

LENDER FEE

LENDER EXIT FEE

NOTES

Woolwich

3.69%

Bank Rate + 3.19% term

N/A

3.7% APR

70%

None

£1,499

£275

Offset. On remortgages free valuation and free legal fees.

Droplock facility.

Mansfield

3.18%

2.41% discount off SVR for 3 years

1% to 30/9/15 on full repayment.

Unlimited ERC free part redemptions allowed.

5.59%

5.3% APR

80%

None

3% for 3 years. Can repay up to 10% p.a. ERC free

£999

£150

Valuation fee refund up to £400

£1,245*

£95

On remortgages free legal fees. *Up to £500,000. For loans up to £1m: £2,495: up to £1.5m: 0.5%; above £1.5m: 1%.

£1,090

£150

Offset. Free valuation.

On remortgages free legal fees

Bank of China (UK)

3.18%

Bank Rate + 2.68% for term

N/A

3.3% APR

80%

None

1% in 1 year on full repayment.

Unlimited ERC free part redemptions allowed.

Hinckley & Rugby

3.79%

1.85% discount off SVR for term

N/A

3.8% APR

85%

None

Nil

15 CRN Finance DPS.indd 2

26/09/2012 10:38

savills.co.uk

1 GRADE II LISTED FAMILY HOME ON THIS PRIME ROAD IN CANONBURY canonbury road, n1 1/2 reception rooms ø kitchen and dining room ø 3/4 bedrooms ø family bathroom ø shower room ø roof terrace ø garden ø 150 sq m (1,614 sq ft)

Savills Islington Paul Williams pwilliams@savills.com

020 7226 1313 16

Guide £1.275 million Freehold

Savills output city October 2012.indd 16

26/09/2012 09:58

savills.co.uk

1 ELEGANT GRADE II LISTED FAMILY SIZED HOUSE OVERLOOKING THORNHILL SQUARE thornhill square, n1 First floor reception room ø dining room ø conservatory ø kitchen ø master bedroom suite ø 2 further double bedrooms ø additional bathroom ø utility room ø storage vaults ø garden ø 209 sq m (2,258 sq ft) Guide £2.195 million Freehold

Savills output city October 2012.indd 17

Savills Islington Paul Williams pwilliams@savills.com

020 7226 1313 17 26/09/2012 09:59

1

savills.co.uk

BERKELEY TOWER, e14

EATON HOUSE, e14

Reception room ø kitchen ø 3 bedrooms ø 3 bathrooms ø concierge ø balcony ø 2 parking spaces ø 156 sq m (1,680 sq ft)

Reception room ø kitchen/dining ø 3 bedrooms ø 3 bathrooms ø balcony ø protected parking ø porterage ø 150 sq m (1,618 sq ft)

Guide £1.35 million Leasehold

Guide £1.1 million Leasehold

3

18

2 4

Savills Canary Wharf bpage@savills.com 020 7531 2500

Savills Canary Wharf bpage@savills.com 020 7531 2500

WEST INDIA QUAY, e14

APOLLO BUILDING, e14

Reception room ø kitchen ø 2 bedrooms ø 2 bathrooms ø guest cloakroom ø concierge ø 455 sq m (1,561 sq ft)

Reception room ø open plan kitchen ø 2 bedrooms ø 2 bathrooms ø balcony ø protected parking space ø concierge ø gym ø 97 sq m (1,047 sq ft)

Guide £850,000 Leasehold

Guide £479,500 Leasehold

Savills Canary Wharf bpage@savills.com 020 7531 2500

Savills Canary Wharf bpage@savills.com 020 7531 2500

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1

2

savills.co.uk

SHEARWATER COURT, e1w

OLIVER'S WHARF, e1w

2 reception rooms ø kitchen ø 4 bedrooms ø 4 bathrooms ø 7 terraces ø 3 balconies ø concierge ø 2 parking spaces ø 368 sq m (3,960 sq ft)

Reception room ø kitchen ø bedroom ø bathroom ø shower room ø private balcony ø underground parking ø porterage ø 107 sq m (1,147 sq ft)

Price On Application Share of Freehold

Guide £999,000

3

4

Savills Docklands zjames@savills.com 020 7456 6800

Savills Docklands juprowse@savills.com 020 7456 6800

TELFORDS YARD, e1w

PIERHEAD WHARF, e1w

Reception ø kitchen ø 2 bedrooms ø 2 bathrooms ø undercover parking ø concierge ø 135 sq m (1,450 sq ft)

Reception room ø kitchen ø 2 double bedrooms ø bathroom ø balcony ø protected parking ø daytime porterage ø 66 sq m (712 sq ft)

Guide £775,000 Share of Freehold

Guide £529,950 Leasehold

Savills Docklands juprowse@savills.com 020 7456 6800

Savills Docklands zjames@savills.com 020 7456 6800

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savills.co.uk

NEW PROVIDENCE, e14

HANOVER HOUSE, e14

3 bedrooms ø reception room ø 3 en suite bathrooms ø terrace with sauna cabin ø balcony with panoramic views ø 2 x valet parking ø 24hr porterage ø penthouse

3 bedrooms ø reception room ø 3 bathrooms ø terrace with river views ø allocated parking ø onsite leisure facilities

£2,500 per week Furnished

£1,250 per week Furnished

3

20

2 4

Savills Canary Wharf ssaul@savills.com 020 7531 2500

Savills Canary Wharf ssaul@savills.com 020 7531 2500

BERKELEY TOWER, e14

MILLENNIUM DRIVE, e14

2 bedrooms ø reception room ø 2 bathrooms (1 en suite) ø balcony ø allocated parking ø 24hr security ø 5* development

1 bedroom ø reception room ø bathroom ø balcony with river views ø allocated parking ø porterage

£735 per week Furnished

£350 per week Furnished

Savills Canary Wharf ssaul@savills.com 020 7531 2500

Savills Canary Wharf ssaul@savills.com 020 7531 2500

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savills.co.uk

1 AWARD WINNING NEW DEVELOPMENT neo bankside, southbank, se1 A selection of modern luxury apartments available within this spectacular new riverside development designed by award winning architects Rogers Strirk Harbour + Partners, located on the Southbank adjacent to the Tate Gallery ø 1 - 3 bedrooms available ø views over London ø excellent transport links ø 24hr porterage ø wine cellar ø available furnished or unfurnished £595 - £2,000 per week

Savills output city October 2012.indd 21

Savills Docklands Ben Rogers brodgers@savills.com

020 7456 6800 21 26/09/2012 09:59

LEFT-HAND

Hamptons Islington 020 7717 5453 islington@hamptons-int.com

Mildmay Grove North, N1 Asking Price £299,950 Leasehold

Oakley Road, N1 Asking Price £675,000 Leasehold

Barnsbury Street, N1 Asking Price £695,000 Freehold

Sotheby Road, N5 Asking Price £725,000 Freehold

A one bedroom maisonette positioned on the lower floor of this period property.

Period conversion, lower ground floor, reception open planned/kitchen, double bedroom, bathroom, patio

A contemporary style two bedroom house, built to a very high specification by a well known local architect. Freehold, architect design, two bedrooms, two bathrooms, open living room, modern kitchen, Barnsbury Conservation Area

Positioned over the raised and lower floors is this delightful two bedroom apartment with its own rear garden. Period conversion, split level, open plan reception room, modern fitted kitchen, 2 double bedrooms, bathroom, storage, own rear garden

A split level apartment occupying the lion share of this beautiful Victorian terrace.

Period conversion, character features, upper floors, reception room, eat-in kitchen, 3 bedrooms

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RIGHT-HAND

Hamptons Islington 020 7717 5453 islington@hamptons-int.com

Belitha Villas, N1 Asking Price £765,000 Share of Freehold

Culford Road, N1 Asking Price £825,000 Freehold A beautifully refurbished three storey townhouse with integral garage and east facing garden. Sitting room, kitchen/dining room, 3 bedrooms, en-suite shower room to master, guest bathroom, integral garage

Amwell Street, EC1 Asking Price £845,000 Leasehold Creating a selection of luxury two bedroom, two bathroom apartments with the option of secure parking. A Grainger PLC development. Semi open plan kitchen with built in appliances, 2 double bedrooms, 2 bathrooms (one en-suite), stunning reception room

Quebec Wharf, E8 Asking Price £850,000 Leasehold

A wonderful maisonette occupying the lower floor of this stunning Georgian villa.

Well presented, 2 double bedrooms, living room, study area, separate kitchen, direct access to shared garden

The best homes are going before you even know about them.

A stunning warehouse conversion that offers a truly unique living experience.

Warehouse conversion, gated development, 2 bedrooms, 2 en-suites, guest kitchen, dining area, entertaining area, mezzanine

With many of the best homes being sold or let before hitting the internet and press, it’s vital that you register your requirements with Hamptons International today.

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RIGHT-HAND

Hamptons Tower Bridge 020 7407 3173 towerbridge@hamptons-int.com

Bedford Row,SE1 £3,250,000

A rare opportunity to acquire a new build, 4001 sq ft four/five bedroom Georgian Style house in between Trinity Church and Merrick Squares. This house benefits from an integrated triple garage, large private garden and landscaped gardens. This boutique development consists of only 10 mews houses, with this property being only one of two unique residences with the largest foot print and located at the end of the mews.

Wapping, E1W £3,250,000 Share of Freehold A rare opportunity to acquire a unique, river fronting, four bedroom, three bathroom duplex penthouse apartment spread over the fifth and sixth floors of this Victorian warehouse conversion in the heart of Wapping with parking. The property offers 2723 sq ft of internal space coupled with vaulted ceilings offering exceptional ceiling heights, views and warehouse character. It also benefits from two river fronting balconies and approximately 520 sq ft lateral terrace space. The main terrace can be accessed from both the sitting area and the master bedroom suite which offers fantastic internal and external entertaining space. The balconies over hang the Thames itself and have sweeping views over the water encapsulating the stunning vista of Canary Wharf and historic buildings and parks of the Southbank.

The best homes are going before you even know about them.

With many of the best homes being sold or let before hitting the internet and press, it’s vital that you register your requirements with Hamptons International today.

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LEFT-HAND

Hamptons Islington Lettings 020 7717 5455 islingtonlettings@hamptons-int.com

Pentonville Road, N1 Guide Price £350 per week (Long Let) Bright first floor period conversion with modern fittings centrally located for the amenities of Upper Street and with easy access to the City and Kings Cross.

Cloudesley Road, N1 Guide Price £550 per week (Long Let) Charming split level period conversion set out in the top two floors of this house, on a lovely street offering a wealth of light throughout, private roof terrace and central location whilst being in the heart of leafy Barnsbury.

The Nautilus Building, EC1R Guide Price £850 per week (Long Let) Superb property with a wealth of light and modern fittings throughout, large private balcony and beautiful communal gardens offering a contemporary split level feature whilst benefiting from fantastic transport links including immediate access to Exmouth Market and Upper Street.

Alwyne Square, N1 Guide Price £1295 per week (Long Let)

The best homes are going before you even know about them.

Set in the heart of Canonbury, this beautifully finished townhouse features a wealth of space and natural light throughout with modern fittings and rear extension.

With many of the best homes being sold or let before hitting the internet and press, it’s vital that you register your requirements with Hamptons International today.

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RIGHT-HAND

Horselydown Mansions SE1 £550 per week Lovely two bedroom apartment with living/dining room, study, separate kitchen and two bathrooms. The property further benefits from an attractive fully enclosed rear garden.

Hamptons Tower Bridge Lettings 020 7717 5491

Compass Court £995 per week

The Exchange Building E1 £695 per week A superb penthouse apartment significantly updated from its original specifications, this corner unit enjoys an abundance of natural light, private terrace and far reaching views. Parking is available by separate negotiation.

Hamptons City Lettings 020 7717 5437

The Volt E1 £650 per week Brand new two bedroom duplex apartment located close to Aldgate Station, with large patio area, internal space measuring over 1000 sq ft and finished to a high specification.

Hamptons City Lettings 020 7717 5437

The best homes are going before you even know about them.

A stunning three bedroom apartment situated in the heart of Shad Thames. This bright and spacious accommodation is set over two floors with balcony and terrace.

Hamptons Tower Bridge Lettings 020 7717 5491

With many of the best homes being sold or let before hitting the internet and press, it’s vital that you register your requirements with Hamptons International today.

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FROM £249,950*

IONA TOWER

CALL 020 3069 8270 STUNNING 1, 2 AND 3 BEDROOM APARTMENTS SOME WITH RIVER & CITY VIEWS FEATURING: A high level specification Close to Limehouse Basin and DLR (322 metres) 5 Mins to Canary Wharf † Parking available at an additional cost

CQ London Iona Tower

CQ London Showhome

*Based on a one bedroom apartment in Iona Tower. † (source www.tfl.gov.uk). Information correct at time of going to print Sept 2012. Your home may be at risk of repossession if you fail to keep up repayments on a mortgage or other loan secured against it. Terms and conditions apply please call for details. A2Dominion New Homes is a trading name of the A2Dominion Housing Group Ltd, an exempt charity (I&P Soc. No. 28985R, TSA Reg. L4240) and its legal subsidiaries. For the full list, visit www.a2dominion.co.uk. Registered office: Capital House, 25 Chapel Street, London NW1 5WX.

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LONDON PROPERTY

REVIEW

Iona Tower is an affordable option Close to Limehouse Basin, Iona Tower is a development of high-spec apartments for residents who want to be within easy reach of Canary Wharf and the City.

“Iona Tower is one of the most affordable options for buyers looking for a new property in this area of London,” says Tariq Qureshi, sales and marketing director of A2Dominion New Homes.

“Excellent infrastructure and strong inward investment spurred on by the 2012 Olympics, together with superb facilities including the O2 Arena and Excel Exhibition Centre, bring a real vibrancy to the area. And with the development of the Thames Gateway well under way, this is a good time to invest in Limehouse.”

One, two and three-bedroom apartments feature luxury interior specifications and a number of the homes have a balcony. The development has a sixth floor roof garden, and sustainable features include solar panels to generate energy for the homes, and an eco-friendly combined heat and power system.

The development offers a video entry phone system, porter service, CCTV and access to a car club.

Basement car parking is available at extra cost, and there’s storage for 319 bicycles. Iona Tower forms part of the wider CQ London scheme.

Iona Tower, Commercial Road, Limehouse E14, from £249,950, A2Dominion New Homes 020 3069 8270

Launching at One Following the successful launch of the first phase of One Commercial Street, a scheme of 137 luxury apartments in Aldgate, Redrow London is launching the City Collection of homes on the development’s 20th floor.

Part of a landmark tower almost 80 metres tall, the collection features a range of studio, one, two and three-bedroom boutique apartments. Each one differs in size, layout and aspect and all have far-reaching views across the London skyline. They have an open plan kitchen and living room and several include a balcony.

The City Collection, One Commercial Street, Aldgate E1, from £465,000 to £1,475,000, Redrow London 020 3441 2001

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LONDON PROPERTY

REVIEW

PROJECT

Four storeys have been reworked for two A four-storey terraced house in Sudeley Street has been reworked by the current owners to suit the needs of a couple or a single occupier.

Grade II listed and close to Regents Canal, the early Victorian house in Islington has two bedrooms – including master suite with dressing area – and three reception rooms. It has underfloor heating together with high-spec bathrooms and kitchen.

The top floor has a glass-fronted sitting area and a

roof terrace, and a conservatory on the lower ground floor opens out into a 37ft rear garden. Sudeley Street runs off Vincent Terrace, close to Angel, and is a short walk from the boutiques and bars of Camden Passage and Upper Street

Directly overlooking Islington’s Arlington Square, a Victorian house with four floors of space and many original features would welcome a new owner with refurbishment plans.

Total living space is almost 1800 sq ft including four bedrooms, a double reception room, and a kitchen and breakfast room.

Arlington Square, Islington N1, £1.45m, Carlton 020 7359 0000

Sudeley Street, Islington N1, guide price £1,495,000, Savills 020 7226 1313

Doorway leads to the patio Featuring window shutters and solid wood flooring, the kitchen and dining room of a house on Linton Street, Islington, has a doorway that leads out into a paved and walled patio garden at the rear.

The period property off Arlington Square offers four floors of living space. The master bedroom and en suite bathroom is on the top floor, and there are two more bedrooms and a family bathroom.

Linton Street, Islington N1, £1m, Hamptons 020 7226 4688

Artist worked here A large studio space at a modern architecturally designed mews house off Culford Road was previously used as an artist’s studio. This ground floor room at the 1630 sq ft contemporary property in Culford Mews, Islington, features exposed brickwork, skylight, and sliding double-glazed window. There’s also an office space and a second kitchen on this level.

On the first floor, the slate-floored reception room has a skylight and south-facing double-glazed windows, and leads out into a courtyard. The main kitchen and dining room has Miele appliances and a breakfast bar with a concrete surface.

The house has two bedrooms, including the top floor master suite featuring sliding aluminium doors to a west-facing balcony, and steps down to the courtyard.

Culford Mews, Islington N1, £1.1m, Hugh Grover 020 7226 1010

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LONDON PROPERTY

REVIEW

Amy Winehouse connection After transforming Camden Square into a shrine to the late Grammy-winning singer songwriter Amy Winehouse, the Victorian villa where she lived and died was put up for sale by her family for £2.7m in May. At the time, a member of her family said it wouldn’t be right for any of them to live there. “Amy loved that house but none of the family felt it appropriate that they should live in it,” said the spokesman.

“It was not practical to keep it empty while paying for its upkeep. It is a wonderful place and will be a happy family home for someone.” Amy bought the house with her father Mitch for £1.8m in April 2010.

Now the neighbouring semi-detached villa to Amy’s is also on the market after being in the same family for around 50 years. Almost £0.5m cheaper than the Winehouse property, the home offers plenty of scope for modernisation.

Overlooking Camden Square, the villa is three windows wide and four storeys high, and stands on the left as you face the two semis. The lower ground floor – currently used as the kitchen, dining and main living space – could be reconfigured as an impressive kitchen diner.

The ground floor contains a double reception, the first floor has two bedrooms and a bathroom, and the second and third floors are arranged as a one-bed flat.

The property also recently included artists’ studios.

There’s a 30ft garden at the front, and a 44ft garden at the rear.

By Bob Stonebridge Camden Square, Camden NW1, £2.25m, Currell 020 7226 4200

“ This characterful property provides flexible accommodation and retains many period features.

It has the makings of a fabulous home” James Nielson, Currell Residential

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LONDON PROPERTY

REVIEW

Global links WHY CHOOSE HUGH GROVER ASSOCIATES

GREAT CUSTOMER SERVICE

Daniel Omell (pictured) has joined Knight Frank to head the company’s new flagship Islington office with a sales and lettings team of 10 at 353 Upper Street, which opened at the end of August.

“We envisage that Islington will remain one of the key growth sectors within the London residential market, with demand increasing not just from other parts of London, but globally. By adding Islington to our network of offices in 43

countries and across six continents, we will bring a truly global audience to the area,” said Daniel.

“Among the central London property markets, Islington ranks among the top performers in the number of transactions that take place, and with an unrelenting demand throughout all price brackets.”

REALISTIC TRANSPARENT HELPFUL Call 020 3435 4656 and join over 5,000 homeowners that have trusted Hugh Grover Associates to sell their home.

www.inhughwetrust.com

325 Upper Street London N1 2XQ

Your friends will want to live here You’ll find plenty of living space at a Victorian townhouse on Portland Rise, close to Finsbury Park. That’s why the current owners moved here.

“We were joining two families together and needed somewhere with loads of space for all the kids and the au pair,” says the owner. “That’s the great thing about this house – the size.

All the rooms are huge and beautifully proportioned – with high ceilings and plenty of air and light.”

They added an extension to make the rear kitchen diner into an excellent space for family living or entertaining, and turned the downstairs apartment into a self-contained onebedroom garden flat, ideal for the au pair, ageing relative, or as a rental investment.

And the neighbours are ‘very lovely’ too. “On one side one of my closest friends moved in with her family. She loved our house and wanted one too!” says the owner.

The 3105 sq ft house includes six or seven bedrooms, two bathrooms, a reception room, 88ft garden and balcony. Clissold Park is nearby and it’s a short walk to Stoke Newington.

Portland Rise, Finsbury Park N4, £1.25m, Hotblack Desiato 020 7858 3312

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Currell Residential

Islington 321 Upper Street Islington, London N1 2XQ

Huntingdon Street, N1 £2,650,000 Freehold

• A unique Victorian family property offering 5/6 bedrooms • Fabulous double reception room • Envious outdoor terraces and garden spaces • Large wide garage Visit us online

www.currell.com Curell output.indd 1

• Additional one bedroom granny flat and annexe • Thornhill and Barnsbury conservation area • Excellent transport links into the City Capture this on your smart phone for the internet link

Telephone

020 7226 4200

33

24/09/2012 16:22

Currell Residential Naoroji Street, WC1 £750,000 Leasehold

Capture this on your smart phone for the internet link

• Two bedrooms • Two bathrooms

• Roof terrace • Concierge

Kingsway Place, EC1 £1,795,000 Leasehold

Capture this on your smart phone for the internet link

• School conversion • Concierge

• Parking • Approx 2293 sqft

Visit us online

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Clerkenwell 122/124 St John Street Clerkenwell, London EC1V 4JS

Seward Street, EC1 £650,000 Leasehold

Capture this on your smart phone for the internet link

• Two double bedrooms • Gas hobs

• Allocated parking • Quiet location

Black Bull Court, EC1

£765,000 Leasehold

Capture this on your smart phone for the internet link

• Two bedrooms • Two bathrooms

• Second floor • Light & airy

Telephone

020 7253 2533 35 Curell output.indd 3

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020 7226 1010

sales

325 Upper Street, London, N1 2XQ www.hughgrover.co.uk

St. Philip’s Way, N1

Freehold

£925,000

• 2 Bedrooms • Bathroom • Through Reception Room • Kitchen/Dining Room • Cloakroom • Secluded Rear Garden • Close to the Regents Canal • Close to Good Transport Links

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020 7226 1010

sales

325 Upper Street, London, N1 2XQ www.hughgrover.co.uk

Highbury Hill, N5 3 Bedrooms

Leasehold

£695,000

Theberton Street, N1 4 Bedrooms

Freehold

£1,595,000

Packington Street, N1 2 Bedrooms

Share of Freehold

£825,000

St. John Street, EC1 1 Bedroom

Leasehold

£440,000

Barnsbury Street, N1 1 Bedroom

Share of Freehold

£355,000

Westbourne Road, N7 1 Bedroom

Share of Freehold

£299,950

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SALES

Ronalds Road, N5 A superb five bedroom three floored Victorian family house which has been beautifully refurbished throughout

ÂŁ1,395,000 Freehold

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LET T I NGS

Church Walk, N16 Located near popular Church Street this contemporary three bedroom house boasts an eco friendly and energy efficient design

ÂŁ595 per week

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HIGHBURY | ISLINGTON | CAMDEN

W I T H OU R K N OW L E DGE YOU ’L L H AV E T H E HO M E A DVA N TAG E

Highbury Office 2 Highbury Park London N5 2AB t e e

020 7228 9696 highbury.sales@hotblack.co.uk highbury.lettings@hotblack.co.uk

Islington Office 314 Upper Street London N1 2XQ t e e

020 7226 0160 islington.sales@hotblack.co.uk islington.lettings@hotblack.co.uk

Camden Office 67 Parkway London NW1 7PP t e e

020 7482 2894 camden.sales@hotblack.co.uk camden.lettings@hotblack.co.uk

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H O T B L A C K D E S I A T O . C O .U K

OLD Street N1 A great first floor flat with a terrace

H i g h b u ry N 5 Immaculate 4 bedroom house.

Leasehold £399,950

Freehold £950,000

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Bloomsbury SHOREDITCH CLERKENWELL SPITALFIELDS moorgate london fields

43 CRN Bloomsbury.indd 1

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LONDON PROPERTY

REVIEW

Church viewpoint All the main rooms of a house on Fournier Street have dramatic views of Christ Church Spitalfields, one of the London churches by revered 18th century architect Nicholas Hawksmoor.

This four to five-bedroom house, built in 1754, has five floors of flexible space that could be used as a complete family home or include a commercial element.

Wider, deeper and with higher ceilings, the property was built on a grander scale than other houses in the area. The main front door opens into an impressive hallway and onto a double reception, which is currently used as an artist’s showroom and has a street entrance of its own.

A one-bed flat on the lower ground floor can connect to the main house and ground floor receptions, and the first floor has a 24ft drawing room linked to the dining room. The top floor, originally a weaver’s loft, has a country-style kitchen and another room – across the entire front of the house – currently used as an office.

Stairs lead to a roof garden, and a rear yard leads to a separate studio building with a vaulted living space currently used as a designer’s workshop.

Fournier Street, Spitalfields E1, guide price £3.25m, Hamptons 020 7236 8398

All part of life’s rich Tapestry On a quiet side road close to Liverpool Street Station, a large lateral warehouse apartment has recently been converted in the Tapestry Building.

Natural light floods in through a gallery of picture windows running the length of the oak-floored open plan living space. The developer has retained most of the original stone and structural beams, while adding bespoke joinery and high-spec kitchen and bathrooms.

There are two bedrooms and two bathrooms at the first floor home, and parking is available by separate negotiation.

MONUMENT Werna House stands in Monument Street a couple of minutes’ walk from Monument tube station and Sir Christopher Wren’s flame-topped Monument itself.

A two-bedroom apartment on the fourth floor features a contemporary tiled kitchen with fitted appliances, reception room, bathroom and en suite shower room.

Also handy for London Bridge, Cannon Street, Bank and Liverpool Street, the modern development offers a day concierge and video security entry system.

The now fully restored Monument nearby won the City Heritage Award as the best refurbishment project of 2010.

Werna House, Monument EC3, £595,000, Scott City 020 7600 0026

The Tapestry Building, New Street, Bishopsgate EC2, £1395 per week furnished or unfurnished, Savills 020 7354 6701

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LONDON PROPERTY

REVIEW

Architect restores Georgian glory Architect Chris Dyson, owner of this Georgian house for sale in Spitalfields, has lived and worked here and has restored and refurbished the property inside and out since he bought it in 1996.

Chris has overseen most of the other restoration projects in this area, and the top floor master bedroom suite (with freestanding bathtub) of this classic Huguenot house in Princelet Street previously held the offices of his design practice.

Dating back to the 1720s, the house was originally put up by local builder Sam Worrall. Chris bought the three-bedroom property after it suffered a period of gradual decline and he returned it to its former glory, reinstating the façade to match its neighbours and restoring period features such as fireplaces, mouldings and flooring.

The spectacular results have since featured in numerous publications including New Interiors, the Daily Telegraph, House & Garden, and Spitalfields Life.

A contemporary kitchen and dining room on the lower ground floor has doors leading out into a courtyard garden. Steps lead up to a patio at ground floor level, and the first floor double reception has a rear balcony.

Décor throughout is neutral, and the lower rooms are flooded by natural daylight to connect with the garden. Total living space is 2270 sq ft, and Brick Lane is around the corner.

Princelet Street, Spitalfields E1, £2.5m, Hamptons 020 7236 8398

“ A deep sense of calm and stillness pervades this stunning Georgian house, and every aspect of refurbishment has been covered” Leon Stone, Hamptons

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THE FACTORY N1 £1.400,000 46 Space Station output.indd 1

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OLD NICHOL STREET E2 £1.925,000 47 Space Station output.indd 2

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WHITES ROW E1 £2500 PW 48 Space Station output.indd 3

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WAREHOUSES PENTHOUSES TOWNHOUSES

BY LONDON’S HIGH END AGENT THESPACESTATION.CO.UK +44 (0)20 7613 6262 49 Space Station output.indd 4

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LONDON PROPERTY

REVIEW

citydirectory Knight Frank 353 Upper Street, Islington, London N1 0PD

Islington Cluttons Islington 6 Camden Walk N1 8DY

 020 3657 7340  islington@knightfrank.com

www.knightfrank.co.uk  020 7354 6666  islington@cluttons.com

Savills Islington 94-96 Upper Street, London N1 0NP

www.cluttons.com

 020 7226 1313  islington@savills.com

Currell Islington 321 Upper Street Islington N1 2XQ 020 7226 4200 islington@currell.com www.currell.com

www.savills.com





City

Currell New Homes Islington House, 313 Upper Street, Islington N1 2XQ  020 7226 6611  newhomes@currell.com

BLOOMSBURY

PROPERTY SERVICES  020 7831 1191

 020 7359 9777  sales.islington@chestertonhumberts.com

s

 info@bloomsburyprops.co.uk

www.currell.com Chesterton Humberts 327-329 Upper Street Islington N1 2XQ

Bloomsbury Property 98 Gray’s Inn Road WC1X 8AJ

www.bloomsburyprops.co.uk

callum roberts

Callum Roberts 40 Theobalds Road London WC1X 8NW  020 7242 9977  info@callumroberts.com

www.chestertonhumberts.com

www.callumroberts.com

Hamptons Islington 97-99 Upper Street Islington N1 0NP

Currell Clerkenwell 122/124 St John Street Clerkenwell EC1V 4JS

 020 7717 5103  islington@hamptons-int.com

 020 7226 6611  clerkenwell@currell.com

www.hamptons.co.uk

www.currell.com

Hugh Grover Associates 325 Upper Street Islington N1 2XQ

Currell Hackney Quebec Wharf, 311-313 Kingsland Road, Hackney E8 4DL

 020 3435 4656  sales@hughgrover.co.uk

 020 7241 4111  hackney@currell.com

www.hughgrover.co.uk

www.currell.com

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LONDON PROPERTY

REVIEW Visit these agents for properties in the City, Islington and Docklands Currell Victoria Park 81 Lauriston Road Victoria Park E9 7HJ

Knight Frank 1 Wapping High Street, London E1W 1BH

 020 3222 5555  victoriapark@currell.com

 020 7480 6848  wapping@knightfrank.com

www.currell.com

www.knightfrank.co.uk

Hamptons City Aldermary House, 15 Queen Street, London EC4N 1TX  020 7717 5293  city@hamptons-int.com

www.hamptons.co.uk

Docklands

Knight Frank 18-19 Cabot Square, Canary Wharf, London E14 4QW  020 7512 9966  cwharf@knightfrank.com

www.knightfrank.co.uk

Landmark 264 Westferry Road, London E14 3AG Dawn Sandoval Residential Ltd  020 7093 1702  dawn@dawnsandovalresidential.co.uk

 020 7515 0800  info@lmlondon.com

www.lmlondon.com

www.dawnsandovalresidential.co.uk

FJ Lord 4 Copper Row, Tower Bridge Piazza, Shad Thames SE1 2LH  020 7089 6490  shad.thames@fjlord.co.uk

Savills Canary Wharf 4 Westferry Circus, London  020 7531 2500  canarywharf@savills.com

www.savills.com

www.fjlord.co.uk Henry Wiltshire 2 Laybourne House, Admirals Way london E14 9UH  020 7001 9160  kelly@henrywiltshire.co.uk

www.henrywiltshire.co.uk

Savills Docklands 80 Wapping High Street, London  020 7456 6800  docklands@savills.com

www.savills.com

Hamptons Tower Bridge 41 Shad Thames London SE1 2NJ

Winkworth Surrey Quays Surrey Quays Shopping Centre SE16 7LL

 020 77175124  towerbridge@hamptons-int.com

 020 7237 9119  surreyquays@winkworth.co.uk

www.hamptons.co.uk

www.winkworth.co.uk

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©DDDDDD

1994

Myddelton Square, EC1 - £3,000 per week A magnificent house of immense style and volume located on one of the corners of Myddelton Square, providing one of the largest private gardens in the whole area. Arranged over four floors and providing a phenomenal Studio style Reception Room with lovely wooden floors, open-plan Dining area and Kitchen and opening onto the beautiful garden. There is a further double Reception Room currently used as a Study and Reading Room as well as another room used as an office. Two wonderful Bedroom suites along with two further Guest Bedrooms and Guest Shower room and cloakroom.

specialising in sales and lettings of london’s interesting, unusual, unique and one-off properties since 1994. lofts

warehouse conversions

architecturally striking

live/work units

minimalist

penthouses

artist studios

contemporary

shell spaces art deco unconventional new developments

church/school/chapel conversions

unusual

unique

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I

ell or let, you should be speaking to us

DDDDDSSDSD

ing l the well nd

ts

Holloway Loft, N7 – Authentic large 1 Bedroom Warehouse conversion - £495,000 Leasehold

Kings Cross Penthouse, N1 - £900 per week

The Chandlery, Waterloo, SE1 - £1,350,000 L/hold

If you own anything similar to these properties, anywhere in London, any price level and are considering selling or letting, you should be talking to us.

0870 900 4050

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no cars

no boats

no recipes

just property

www.londonpropertyreview.co.uk

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SHAD THAMES WAPPING ISLE OF DOGS CANARY WHARF LONDON BRIDGE Bermondsey ROTHERHITHE

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LONDON PROPERTY

REVIEW

Movie action on West India Quay A penthouse apartment in West India Quay was the location for a birthday party and public marriage proposal in the 2007 movie Run Fatboy Run, starring Simon Pegg. She said yes.

While still under construction, the glass and aluminium-clad tower also starred in the 2004 film Layer Cake, when Michael Gambon’s gangster dangled Daniel Craig from the unfinished rooftop.

Rising 32 storeys high above the Canary Wharf district, this celebrity landmark development contains 154 apartments and six penthouses above the 300-bedroom Marriott West India Quay Hotel, which occupies the first 12 floors. The hotel’s restaurants, bars, banqueting and public spaces are housed in a lower podium block.

“The building is one of the first post-tensioned, concrete-framed towers in London, employing a system widely used in the United States and the Far East,” say HOK, original architects for the Manhattan Loft Corporation development.

“Thin concrete floor slabs provide generous internal floor-to-ceiling heights while reducing the height of the tower. The elegance of this building contrasts with some of the postmodern blocks constructed in the early days of Canary Wharf. The tower comes to an acute angle on its western edge, where a sharp ‘prow’ contains double-height living rooms for the duplex apartments.”

Currently for sale on the development’s 17th floor is a two-bedroom, two-bathroom apartment featuring an open plan reception room and kitchen with floor-toceiling glass on two sides and spectacular City views.

The 1317 sq ft property includes parking and 24-hour concierge.

West India Quay, 26 Hertsmere Road, Canary Wharf E14, guide price £875,000, Savills 020 7531 2500

“ A real American-style luxury apartment block – something you might find on Park Avenue” Harry Handelsman, CEO, Manhattan Loft Corporation

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LONDON PROPERTY

REVIEW

RIVER VIEW

A three-bedroom penthouse apartment to let at Riverview Heights offers around 2575 sq ft of inside space on the seventh and eighth floors.

The 31ft reception room and two of the bedrooms open out onto terraces with superb views.

Riverview Heights, Bermondsey Wall West, Rotherhithe SE16, £1300 per week, Hamptons 020 7407 3172

Open plan reception has a new kitchen A new fitted kitchen with a range of integrated appliances and plenty of storage space has been installed at a three-bedroom apartment on Tanner Street, close to Tower Bridge.

The Bermondsey apartment offers more than 1350 sq ft of inside living space on the third floor of a modern development. The generous open plan reception and new kitchen measures more than 42ft by 21ft and has floor-to-ceiling glass doors that open out onto a balcony, which has enough room for a table,

chairs, potted plants and barbecue.

There are two bathrooms (one en suite), and the master and third bedrooms also have glass doors to a second balcony at the other end of the apartment.

The property has lift access, and Bermondsey Street, London Bridge station and the Thames are all nearby.

Tanner Street, Bermondsey SE1, £785,000, Field & Sons 0207 234 9633

Designs on the Old Joinery The Old Joinery is an architecturally designed property that offers around 2500 sq ft of living and entertaining space in Peyton Place, Greenwich. With three bedrooms and three bathrooms, the home includes a large roof terrace, off-street parking, and a courtyard behind electric gates. Off Royal Hill, the property is between Greenwich Park and Greenwich station.

The Old Joinery, Peyton Place, Greenwich SE10, price on application, Jones Lang LaSalle 020 8463 6735

Divine views across Providence Square The reception room of a fourth floor apartment in Providence Square, Shad Thames, has floor-to-ceiling glass doors that open out onto a west-facing decked balcony.

Looking out across water gardens towards the Thames, the two-bedroom home includes a fitted kitchen with granite work surfaces, and a bathroom.

The property is part of a secure and gated modern development that offers 24-hour concierge services, gym, sauna and parking.

Providence Square, Shad Thames SE1, £625,000, Field & Sons 0207 403 8571

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London | Country | International

Professional property services since 1835

Delaford Road, SE16

£330,000 Freehold

Christian Court, Rotherhithe St, SE16

£325,000 Leasehold

A light semi-detached two storey house in this cul-de-sac development close to local amenities. The property would benefit from general updating and modernisation.

A light raised ground floor apartment finished to a high specification in this impressive waterside development with direct views of the River Thames and Canary Wharf.

Three bedrooms | Reception | Kitchen/dining room | Bathroom suite | Guest cloakroom | On- street parking

Two bedrooms (master with enclosed balcony) | Open plan reception with direct Thames view | Quality fitted kitchen | Bathroom | G.C.H. | D.G. | Very good decorative order | Access to River Thames walkway | Secure underground parking

Stanton House, Rotherhithe Street, SE16 £340,000 Leasehold

Dovecote House, Surrey Quays Road, SE16 £425,000 Leasehold

Winkworth are pleased to offer this spacious third floor apartment in this well maintained modern development, finished to a high specification.

Winkworth are pleased to offer this third floor apartment in this exclusive, portered development adjacent to Canada Water jubilee line station.

Two double bedrooms | Spacious reception | Fitted kitchen | Main bathroom | En-suite shower | Dressing Area | Balcony | Off-street parking

Two double bedrooms | Reception | Quality fitted kitchen area | Main bathroom | Luxury en-suite shower | Covered balcony

Surrey Quays office | 020 7237 9119 | surreyquays@winkworth.co.uk Surrey Quays Shopping Centre SE16 7LL

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FIELD & SONS Surveyors, Valuers & Estate Agents Est. 1804

Tanner Street, SE1 Stylish 3 bedroom penthouse apartment. This top floor apartment extends to over 1700 Sq Ft and has a fantastic reception room. £949,950

Grange Gardens, Haven Way, SE1 Stunning 2 double bedroom duplex penthouse apartment with wonderful views from the balconies and great natural light. £765,000

Madison Apartments, Long Lane, SE1 Modern 4th floor 1 bedroom apartment within a smart, private development.

Includes secure parking. £399,950

Maltby Street, London, SE1 2 bedroom apartment in excellent condition throughout, has a contemporary finish and great natural light, close to Bermondsey Street. £395,000

South Central, Steedman Street, SE17 Ground floor spacious 1 bedroom apartment within a secure private development close to the Elephant & Castle. £355,000

Kingsley Flats, Old Kent Road, SE1 This charming 1 bedroom, 3rd floor flat within a period ‘Peabody Trust’ building, set back in a quiet courtyard. £215,000

Borough Office 020 7234 9633

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FIELD & SONS Surveyors, Valuers & Estate Agents Est. 1804

Tanner Street, SE1 A 3 bedroom apartment in excellent condition, extending to in excess of 1350 square feet, within a modern development. £785,000

Providence Square, SE1 A well maintained, bright and airy 4th floor apartment, quietly positioned within this highly desirable modern development. £615,000

Janeway Place, SE16 A stunning, recently refurbished, freehold cottage, positioned within a short walk of Bermondsey Tube station and a moment from The River. £550,000

Ginger Apartments, SE1 An immaculate & bright 5th floor apartment, quietly located within the highly sought-after Cayenne Court development. £499,995

Sheppard Drive, SE16 A beautifully presented two bedroom recently refurbished apartment, offered chain free, currently rented at a 6% yield. £227,500

Donkin House, SE16 A well maintained and bright raised ground floor Ex-La apartment, making an ideal first time purchase or rental investment. £169,995

Shad Thames Office 020 7403 8571

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BOROUGH OFFICE

New Globe Walk, Bankside, SE1 Stylish 2 bedroom apartment. Stunning front facing warehouse conversion, bright & airy and extends to around 1000 sq ft, situated opposite the Globe Theatre. Available furnished. £750 per week

Godfree Court, Long Lane, SE1 Spacious 2 double bedroom apartment close to Borough Market, London Bridge & Guy’s Hospital. Available on a 6 month tenancy the apartment is furnished, secure and has a fabulous terrace.

£600 per week

SHAD THAMES OFFICE

Java Wharf An exceptionally spacious top floor apartment, offering unrivalled living and entertaining space with a generous open plan reception room, two large bedrooms and a huge roof terrace over looking St Saviour’s Dock. Offered furnished and available from the 16th of November 2012.

£850 per week

Cinnamon Wharf A stunning 7th floor apartment with approx 1320 sq/ft of open plan living space, commanding views of St Saviours dock and Canary Wharf from across the River Thames, 2 large double bedrooms, 2 beautifully finished modern bathrooms and a generous decked balcony. Offered furnished and available now. £775 per week

Fishguard Way, E15 Reception room, separate kitchen, two bedrooms, two bathrooms, balcony with river views, offered furnished immediately.

£275 per week

Walburgh Street, E1 Reception room, open plan kitchen, two double bedrooms, recently refurbished throughout, terrace with great views of the City. Available immediately. £400 per week

CITY & EAST LONDON OFFICE

Borough Office 020 7234 9633

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Kennington Office 020 7840 0666

Shad Thames Office 020 7403 8571

City & East London Office 020 7790 9832

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FIELD & SONS Surveyors, Valuers & Estate Agents Est. 1804

Theatre View, Short Street, SE1 Fabulous 2 bedroom, 2 bathroom, 3rd floor apartment close to the Young Vic theatre and the many bars and restaurants of The Cut. 904 Sq Ft with flexi-slider from reception to 2nd bedroom, guest room or extension to living room. Unfurnished and available end of September £545.00 Per week 2012.

Southwark Bridge Road, SE1 Modern 2 bedroom, 3rd floor apartment located within walking distance from London Bridge, Southwark and Waterloo stations. The property comprises reception room with modern open-plan fitted kitchen and two private balconies. Furnished to a high standard and available £515.00 Per week 1st October 2012.

Scotts Sufferance Wharf A spacious two bedroom apartment with a large terrace. Scotts Sufferance Wharf is a secure development that benefits from a day concierge, in an enviable location just a short walk from the riverside bars/ restaurants at Shad Thames, London Bridge station and The River Thames.

This property is offered furnished and available now. £499 per week

Vanilla & Sesame Court A bright and spacious east facing 1 bed apartment, offering a large reception room with wood floors and balcony, a generous double bedroom with fitted wardrobes, a fully fitted kitchen with granite work surfaces and a well-appointed modern bathroom. The property is offered furnished and available now. £450 per week

The Leather Works, Tower Bridge SE1 3rd floor apartment in a private development. Large reception with dining area, open plan kitchen, master bedroom with en suite, second bedroom, bathroom and balcony. Unfurnished.

Available now. £460 per week

Troon Street, Limehouse E1 A charming and unusual 3 bedroom Victorian house, in a popular residential location, ideal for a young family or sharers.

Furnished and available mid September. £500 per week

Borough Office 020 7234 9633

Kennington Office 020 7840 0666

Shad Thames Office 020 7403 8571

www.fieldandsons.co.uk Field Lettings DPS.indd 2

City & East London Office 020 7790 9832

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(020) 3434 0050 Why choose us? q We are up to 20% cheaper than most of our competitors q Combined inventories including Check in and Check out q No pricing gimmicks - just honest, reliable and detailed inventories q No cancellation fees if advised within 24 Hours of scheduled booking q No additional fees for using other company’s inventory reports q No additional costs for digital photographs q No additional costs for copy reports by email q No extra charges for additional rooms e.g. en suite bathrooms

The importance of an inventory Following the legislation introduced in April 2007 it has never been more important to use professional inventory services to safeguard both your property and tenancy deposit.

An inventory will ensure the condition of the property and all its contents are recorded accurately at both check-in and check-out, therefore reducing the possibility of any dispute over missing or damaged items between Landlord and Tenant. Feeling protected with an inventory is a contributing factor to a stress free tenancy and our services will offer you that protection.

q Free updates for existing reports created by Key Inventories

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The key to success Often overlooked, a great inventory service can make all the difference.

We take a look at the competitive service Key Inventories have to offer...

Who are you?

We are an independent inventory company providing impartial property inventories to estate agents and landlords alike.

Where is your office?

Our office is located in the High Street in Surrey Quays, London.

Why use Key Inventories?

We are a reliable and professional company giving you peace of mind knowing you have an accurate, thorough and detailed inventory for your property.

Full members and regulated by the AIIC (Association of Independent Inventory Clerks) you can be assured that our inventories are to a high standard.

What is different about your reports?

Our reports are precise, clear and easy to read.

We don’t use abbreviations, just plain English.

How do we book and inventory?

Please call or email us to book an inventory. We provide our regular clients and agents a bespoke web page form to fill in and submit. This allows a fast and effective way of booking an inventory.

Do you charge VAT? At present we do not charge VAT. This makes our prices transparent and even more competitive.

Are your rates negotiable?

...we do not charge VAT. This makes our prices transparent and even more competitive.

Do you include photos?

Yes. All our reports have multiple photographs showing general shots or photos of damage if necessary.

We pride ourselves in being extremely competitive when it comes to pricing our quality reports. We are happy to discuss our prices with agents and landlords with large portfolios.

How do I receive my inventory?

We are striving to be an eco-friendly company and email our reports in a printable PDF format. This eliminates reports being lost in the post and will reach you more quickly.

How quick do I receive my report?

You should receive your report within 48 working hours.

What areas do you cover?

Our office is based in Rotherhithe and can therefore service most parts of London. Please call us for more information.

Can you arrange appointments at short notice?

Yes. We will try to cater for appointments at short notice wherever possible.

I have long standing tenants. Do you cater for mid-term inspections?

Yes. This is the best way to assess the condition of your property over long tenancies. We will carry out a schedule of condition report for mid-term inspections so that you can assess the condition of your property periodically.

Key Inventories can be contacted at 1a Rotherhithe New Rd, London, SE16 2AH T: 020 3434 0050 • F: 020 3434 0051 • E: enquiries@keyinventories.com

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Stoneyard Lane, E14

Landmark East, E14

• • • •

• • • •

Two bed apartment Immaculate condition Chain free Allocated parking

£315,000 Leasehold

£405,000 Leasehold

St Davids Square, E14

One West India Quay, E14

• • • •

• • • •

Two bed apartment Large balcony River Views Secure Parking

£435,000 Leasehold 66

One bedroom 18th floor views Concierge & Gym Heron Quays DLR

One bedroom, 612sqft 16th floor stunning views Concierge service Marriott Hotel room service

£439,950 Leasehold

11 Westferry Circus, Canary Wharf, London E14 4HD

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020 7715 9700

joneslanglasalle.co.uk

Aqua Vista, London, E3 • • • •

Aqua Visa, E3 • • • •

Brand new luxury apartment Two bed/two bath Concierge & leisure facilities South Quay DLR

Aqua Vista, E3 • • • •

£340pw

Two bed/ two bath Canal side development Communal Roof terrace Bow location

Ability Place, E14 • • • •

£250pw

Luxury studio 9th floor Communal terrace Bow location

New Festival Quarter, E14 • • • •

£500pw

Two bed/ two bath 38th floor views Concierge and gym Heron Quays DLR

City Peninsula, SE10 • • • •

£375pw

Two bed/two bath Fourth floor Concierge and gym Langdon Park DLR

Landmark East, E14 • • • •

£280pw

One bed 5th floor Canal side development Communal roof terrace Concierge & bike storage

Anchorage Point, E14 • • • •

£570pw

£390pw

One bedroom 4th floor canary wharf views Allocated parking Leisure facilities and concierge

Boardwalk Place, E14 • • • •

£325pw

Brand new apartment one bedroom 7th floor balcony Close to Jubilee Line

£695pw

Two bed/ two bath Penthouse apartment Dual aspect views 24hr Concierge and parking

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