REVIEW LONDON PROPERTY
CITY, ISLINGTON & DOCKLANDS
FEBRUARY 2013
Penthouse palms
St Paul’s vision of exotic plants
Class and glass Canonbury conservatory
Orient express Pagoda rented by Queen Caroline DT City Cover Feb 2013.indd 1
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St Paul's Place, Islington N1 A fabulous four bedroom family home
Offering modern living in a period setting, this property has a stunning double reception room with wood floors and two fireplaces also a lower ground floor opening directly onto its patio and garden. 4 bedrooms, 2 bathrooms & en suite shower room, double reception room, kitchen, dining room, utility room, patio, garden. EPC rating D Approximately 171.59sq m (1,847 sq ft).
R
KnightFrank.co.uk/Islington Islington@knightfrank.com 020 3551 2471
Freehold Guide Price: £ 1,775,000
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Riversdale Road, Highbury N5 A charming family home in Highbury
An extremely well presented bay fronted vctorian terraced house set over three floors. This family home is stunning with many period features still remaining. 4 bedrooms, bathroom, shower room, double reception room, kitchen, conservatory extension, seperate utility room, garden. EPC rating E Approximately 167.59 sq m (1,804 sq ft).
KnightFrank.co.uk/Islington Islington@knightfrank.com 020 3551 2471
Freehold Guide Price: £1,150,000
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contents FEBRUARY
56
23 NEWS AND FEATURES
14
MARKET VIEW More developments.
14
NEWS Sitting pretty in the City. Buyers
15
NEWS Brand new world. Rising sales
16
MONEY Tightening the rules. Lenders
London needs new housing projects to boost supply, reports Robert Bailey.
34
are holding onto their second and third homes, reports Cheryl Markosky.
16
BEST BUYS Fixed, discount or tracker – check out the facts, figures and
17
MONEY More millionaires. London has
interest rates from our current top ten mortgages.
by far the highest concentration of prosperous property owners.
across the UK show renewed confidence in buying new homes for investment.
say their borrowing criteria could get tougher, reports Duncan Farmer.
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33
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
20
ISLINGTON, HIGHBURY, CANONBURY, BARNSBURY, ANGEL Canonbury conservatory. Light streams
Cover Photo: © Purdy Photography – www.istockphoto.com
through the glass walls and roof of a spectacular living space that leads out into the garden of a Victorian semi.
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
32
BLOOMSBURY, SHOREDITCH, CLERKENWELL, SPITALFIELDS, MOORGATE, LONDON FIELDS Penthouse and palm trees. A City apartment in
SUBSCRIPTIONS 01536 330314 or subscriptions@propertyreview.org.uk
St John Street has a fifth floor wraparound roof terrace that serves views of St Paul’s and the Shard.
Property Review 23a St James’s Street, London SW1A 1HG
56
SHAD THAMES, WAPPING, ISLE OF DOGS, CANARY WHARF, LONDON BRIDGE, BERMONDSEY, ROTHERHITHE Orient express. Lively and
© 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.
controversial Princess Caroline of Brunswick rented The Pagoda of Blackheath after separating from her husband, the Prince of Wales.
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Newington Green Road, Islington N1 Beautiful maisonette with private garden
A beautifully refurbished one bedroom maisonette in Canonbury. The apartment is arranged over the ground and lower ground floor of a Period property. On the ground floor is a double bedroom. The lower ground floor consists of a large open plan kitchen and reception room with superb storage and doors leading out on to a private landscaped patio garden.
Islington Lettings KnightFrank.co.uk/Islington Islingtonlettings@knightfrank.com 020 3641 5896
Unfurnished or part furnished Guide Price: £385 per week
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Prop
:16
St Pancras Chambers, London NW1 Grade 1 listed development
This spacious top floor lateral 1164 sq ft apartment offers high ceilings, lovely windows, a fully fitted open plan kitchen - all appliances are Siemens or Miele noise reducing, fully furnished, modern bathroom with shower, period features throughout – floorboards are the original 1890’s reclaimed oak floorboards and great south facing views from Canary Wharf to Westminister Furnished Guide price: £775 per week
Islington Lettings KnightFrank.co.uk/islington IslingtonLettings@knightfrank.com 020 3641 5896
Cloudesley Place, Islington N1 Short term rental
Well presented four storey house to rent in the heart of Islington only moments from Angel. The property has in excess of 1000 sq. ft. of accommodation with large double reception room, kitchen and dining room, three bedrooms and two bathrooms. Furnished Guide price: £1350 per week
Islington Lettings KnightFrank.co.uk/islington IslingtonLettings@knightfrank.com 020 3641 5896
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NEO Bankside, Southbank SE1
Brand new penthouse An outstanding apartment to rent in the award winning NEO Bankside development. 3 bedrooms, 3 bathrooms (2 en suite), reception room with floor to ceiling windows, open plan kitchen with dining area leading onto a winter garden, roof terrace, wooden floors, comfort cooling and 24 hour concierge. EPC rating C. Approximately 300 sq m (3,230 sq ft). To Let Furnished Guide Price: £3,250 per week
KnightFrank.co.uk/Lettings wappinglettings@knightfrank.com 020 8166 5370 (ASP170262)
Trafalgar Court, Wapping E1W Lovely river views
A beautifully presented apartment in this great development on Wapping Wall. Master bedroom with en suite shower room, second bedroom, bathroom, reception room, open plan kitchen and a private balcony with lovely views of the River Thames. The apartment also benefits from porterage and a secure car parking space. EPC rating F. To Let Furnished Guide Price: £585 per week
KnightFrank.co.uk/Lettings wappinglettings@knightfrank.com 020 8166 5370 (ASP153133)
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:53
Marina Heights, Limehouse E14 Bright apartment
An immaculately presented apartment with lovely views to Limehouse basin. Master bedroom with en suite shower room, second bedroom, bathroom, reception room, kitchen, good storage, modern furnishings and a private patio. On the ground floor in this lovely Marina side location, the property is conveniently located for Limehouse DLR. EPC rating D. To Let Furnished Guide Price: £425 per week
KnightFrank.co.uk/Lettings wappinglettings@knightfrank.com 020 8166 5370 (ASP134998)
Cinnabar Wharf, Wapping E1W Spectacular views
A beautifully presented apartment to rent in this sought after development in west Wapping. 2 bedrooms, 2 bathrooms (1 en suite), reception room opening onto a large private balcony with spectacular views to Tower Bridge and the Shard, open plan kitchen, 24 hour porterage and parking. EPC rating B. Approximately 110 sq m (1,176 sq ft). To Let Furnished Guide Price: £765 per week
KnightFrank.co.uk/Lettings wappinglettings@knightfrank.com 020 8166 5370 (ASP172200)
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WE ARe kn ght frank Let’s face it, with over 48 property agents in Islington to choose from, you need to know who is going to make your search for a buyer, tenant, or new home the easiest and most efficient. We have best in class property throughout N1, N1C, N5, N7, WC1 and EC1, rentals starting from £350 per week, and sales from £350,000. Our expertise are second to none. Passionate, professional and personal service, from start to finish. Simple. Visit our office at 353 Upper Street to find out more or call 020 8166 5293.
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RIGHT-HAND
Hamptons City 020 7717 5435 city@hamptons-int.com
Chandlery House E1 £565,000 Leasehold
Carthusian Street EC1M £599,950 Leasehold Set on the first floor of a grand period building in the Square Mile, this beautifully presented 2 bedroom 2 bathroom apartment would make the ideal City home.
Jerusalem Passage EC1V £435,000 Share of Freehold
The Penthouse, St. John Street EC1M £2,000,000 Leasehold
This well presented 2 bedroom apartment in Gowers Walk offers a wealth of warehouse features including exposed brickwork, and comes with a secure underground parking space.
Set on the top floor of a Grade II-listed period building in the heart of Clerkenwell, this well presented one bedroom would be the perfect home or rental investment.
This spectacular 3 bedroom penthouse apartment is situated in the heart of Clerkenwell. It offers superb living and dining space and a wraparound roof terrace.
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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
www.keyinventories.com 13 KI_advertorial_OUTPUT.indd 2
22/01/2013 15:33
LONDON PROPERTY
REVIEW
Market view Property finder Robert Bailey wants to see more development projects This year has already got off to a great start and I think the property market will continue to perform well. The basic problem – a chronic lack of supply – is unlikely to resolve itself this year and as a result, property prices are likely to solidify in the first quarter of 2013. London has suffered from a chronic lack of supply for years. When the recession first began to bite, developers’ funding dried up and as a result, many schemes were abandoned or mothballed. Even developers’ refurbishment projects slowed as banks simply were not lending even to proven firms. Only a handful of projects have been launched onto the market in the past couple of years, and the ones that did launch sold out almost immediately as there was so little choice. I could name several projects that are mediocre at best, and definitely not in choice locations, yet have achieved top dollar simply because they were one of the few options available. Compounding the issue is the current planning legislation. Currently, developers are required to build social housing into their schemes if they exceed a certain number of units. Developers are seeking to evade this requirement by simply building fewer units in each development. For instance, Glebe Place, which will launch later this year, is a spectacular development of six palatial apartments, a duplex penthouse and two detached villas. The £300 million site sits on a full acre near the King’s Road and overlooks the River Thames with prices rumoured to start at £25 million. I suspect, however, that the developers chose to build just a few big units rather than more plentiful smaller units simply because they were not required to build low-income housing into the project. Funding for developers is starting to improve but even if funding were to magically become available to every decent developer looking to build in London, it would take at least two to three years to make up for the lack of building we have seen recently. In the meantime, demand will continue to outstrip supply and we will continue to see competitive bidding for the best properties. Already this year, we have seen two to three buyers for every desirable property, and as more buyers enter the market the situation will only intensify. There are rumours that the Government is considering easing some of the Section 106 requirements, the legislation that compels developers to include social housing. While this will inevitably be controversial, it will almost certainly help the housing crisis in London. Now we just need to get the banks lending again.
Sitting pretty in the City Cheryl Markosky brings you the latest word on the streets Sometimes being too successful can create its own hazards. After being asked to help clients build up their investment portfolios in the City, which he duly did rather too well, Nick Scott of Scott City Residential now finds himself short of homes to sell. “I found the right property for clients wanting a second or third home as a London bolthole, or to rent outright. But now they want to hold onto them rather than sell,” he explains. Ironically, his achievement means buyers are desperate to get their hands on property that owners prefer keeping, as there’s no reason to sell and they won’t get much of a return if they put their profits in the bank. “Most of our buyers are from the UK, with the rest from other parts of Europe, the Middle East and Asia,” Scott says. “It’s nearly always a second home they’re after, although
some of the bigger places are fulltime residences.” Luckily, the City of London Corporation has given permission for a number of new schemes, points out Scott, who currently has nothing for sale in the Barbican (which is quite amazing considering there are 2000 flats there, he muses) and a long list of purchasers keen to get their hands on these iconic apartments. He recently sold a one-bedroom fifth floor apartment in Willoughby House at the Barbican close to the asking price of £585,000, and a threebedroom place on the 32nd floor of the Barbican’s Shakespeare Tower for £1.1 million. Scott will be involved in the sale of several small new developments later this year, so watch this space. One assumes he’ll sell them easily – but the question is will they come onto the market again in the near future if he does his job as well as he’s done in the past?
Shakespeare Tower, Barbican
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23/01/2013 11:31
LONDON PROPERTY
REVIEW
A brand new world Speaking of new homes, Anne Currell of Currell Residential says that despite a financially turbulent year in 2012 in the UK sales of new property have been a great success. According to Currell: “The rise in demand from UK buyers throughout 2012 (coupled with an increase in stock) is indicative of renewed confidence in buying new homes for investment.” With foreign investment still strong for property in the right postcode, Adrian Plant, Currell’s head of new homes, predicts both supply and demand and the trend for buying off-plan will continue to grow over the next year. Having a strong product helps too. Plant is selling several, including waterside Hackney scheme Reliance
Wharf. The Textile Building, another Hackney development, where prices start at £350,000, is offering warehouse living not normally associated with contemporary places. And at Islington Canalside, a boutique development of only 12 apartments, duplexes and penthouses overlooking Regents Canal and within easy access to the City, prices start at £695,000. Other new projects from Currell in 2013 are: Bezier Premier Apartments EC2, prices from £1.9 million; Ermin Apartments EC1, prices from £715,000; Lime Wharf N1, prices from £485,00; Worship Street EC2, prices from £635,000.
(From left to right) Bezier Apartments, Islington Canalside, Textile Building
Schools high on list Schools have always been important to relocating families, but Ingrid Skinner, managing director of Taylor Wimpey Central London, notes that the rising quality of local schools in Highbury and Islington is attracting more people to these areas. “Five years ago, not many would venture here when it came to finding the best places to educate their children, but with Gillespie Primary School recently awarded an ‘excellent’ rating by OFSTED, everything’s changing,” she says. And Skinner knows where these families can live, as Taylor Wimpey is building 72 luxury apartments and mews houses priced from £444,000 at mixed-use scheme Mulberry Mews, set round a gated square on the edge of Highbury Grove. There’s real hunger from Islingtonites for highspecification new-build homes, she adds. “So much so that off-plan sales are extremely strong, as homebuyers snap up limited supply as soon as it’s available. We’ve sold half our homes already.” Another scheme that’s likely to race off the shelves in 2013 is the Murano building, which contains only 17 chic one and two-bedroom apartments designed by awardwinning architect Michael Trentham. Moments away from landmark building The Shard, in London Bridge Quarter, prices range from £445,000 for a one-bedroom place up to £775,000 for a two-bedroom penthouse. More information from Felicity J Lord 020 7089 6490.
“Off-plan sales are extremely strong, as homebuyers snap up limited supply as soon as it’s available” Ingrid Skinner, Taylor Wimpey
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23/01/2013 11:32
LONDON PROPERTY
REVIEW
MONEY
Tighter rules
CHEAP MONEY HELPS LOANS
Co-Op Bank has launched the lowest five-year fixed rate loan, which comes with an interest rate of just 2.79 per cent. Borrowers will need to put down a hefty 40 per cent deposit and there is an arrangement fee of £999. Yorkshire Building Society has cut its mortgage rates for borrowers with less cash to put down, and now has a five-year fixed rate of 4.44 per cent for those with a 15 per cent deposit. The arrangement fee is £999. The Co-Op deal is even cheaper than the 2.95 per cent fixed rate deal from RBS and that came with a mighty arrangement fee of £2495. The new loans mark the latest cut in mortgage rates as the effects of the cheap money pumped through lenders from the Bank of England’s Funding For Lending scheme reach borrowers.
Lenders say criteria could get tougher, reports Duncan Farmer Rock-bottom interest rates are here to stay for at least another four years, according to the banking giant Citi, as the UK economy struggles to come out of the longest recession for a century. For homeowners this is clearly good news, but for those wanting to take out a new home loan the prospects remain bleak. While Mark Harris, of broker SPF Private Clients, says that every lender he has spoken to has said they will do more lending this year, and that they have bigger targets and will lend to borrowers with smaller deposits, there are fears that some banks and building societies will make life tougher for new borrowers. “Some lenders have indicated that they will tighten criteria this year, according to the Bank of England,” says Harris. “However, it doesn’t say how many: it could just be one or two.” Qualifying for a mortgage can be a complicated affair and securing the best rate takes careful planning, but by getting to know the process of how a mortgage works and what the lenders require, it is possible both to secure a lower interest
MORTGAGES PAID OFF IN CHUNKS
Homeowners have been paying off their mortgages in huge chunks, according to latest figures from the Bank of England. Households paid £8 billion of equity into their homes in the three months to September, the 18th consecutive quarter in which the value of mortgages shrank as a proportion of housing wealth. Overall equity in the housing market has been increasing since the start of the financial crisis as homeowners pay off loans while fewer people remortgage or withdraw money from homes through secured loans. Home Equity Withdrawal (HEW) figures from the Bank of England reveal that from September 1998 until March 2008, equity in housing stock fell as borrowing rose. However, since then the trend has been reversed, with £9.4 billion in equity withdrawn between April and June 2012 and £8 billion between June and September.
rate and to increase the chances of being accepted for a loan. Deposits – The size of your deposit determines your monthly mortgage payments and the interest rate that you pay. Virtually all lenders use a loan-to-value banding system, which means you pay much more if you have a smaller deposit. Even saving an extra five per cent of the purchase price can make a big difference to the rate you will pay. The Post Office has a two-year fixed rate of 5.75 per cent if you have a 10 per cent deposit, but that rate falls to 4.29 per cent if you can raise another five per cent. So, over two years on a £200,000 interestonly mortgage, you would pay £5840 less if you are able to save the extra 5 per cent deposit. Northern Rock’s lowest two-year fixed rate for those with a 30 per cent deposit is 3.39 per cent, but if you have a 10 per cent deposit the rate increases to 5.88 per cent. Clear your credit cards – Before a bank will offer a mortgage, they will want you to know what your monthly expenses are and how much you have left in your bank account at the end of the month.
Current Best Buy Mortgages
Fixed Rates
Source: Charcol Ltd 0800 718191 www.charcol.co.uk
LENDER Clydesdale Accord
CURRENT RATE 2.29% 2.79%
UNTIL
GO TO RATE
THE OVERALL COST FOR COMPARISON IS
MAX ADV
HIGHER LENDING CHARGE
28/2/15
4.95%
4.8% APR
60%
None
5.99%
5.6% APR
70%
None
29/2/16
Coventry
2.99%
31/12/16
4.49%
4.3% APR
65%
None
Accord
3.09%
29/2/18
5.99%
5.5% APR
70%
None
EARLY REPAYMENT CHARGE (ERC) 3/2% to 28/2/15. Can repay up to 10% p.a. ERC free. 3% to 29/2/16. Can repay up to 10% p.a. ERC free. 3% to 31/12/16. Can repay up to 5% p.a. ERC free. 5/5/5/4/3% to 29/2/18. Can repay up to 10% p.a. ERC free.
LENDER FEE
LENDER EXIT FEE
NOTES
£1,999
£195
On remortgages free valuation and free legal fees
£995
£90
Flexible
£999
£125
Free valuation. On remortgages free legal fees.
£995
£90
Flexible
Coventry
3.99%
31/12/17
4.49%
4.4% APR
85%
None
None
£999
£125
Free valuation. On remortgages free legal fees. Flexible.
Abbey for Intermediaries
4.99%
2/2/18
4.74%
4.8% APR
90%
None
5% to 2/2/18. Can repay up to 10% p.a. ERC free.
Nil
£225
First Time Buyers only.
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MORTGAGE APPROVALS RISING
The property market is picking up, according to figures from the Bank of England, which show that in November the number of new mortgages approved for homebuyers rose to 54,036 - the highest November figure for three years. Approvals hit a low for the year of 44,523 in June, but have been rising steadily since then, which indicates that the Bank’s Funding for Lending Scheme is encouraging more lending to homebuyers. The number of approvals is regarded as a good indicator of future trends and suggests that sales will keep on rising throughout 2013. In the first 11 months of 2012, the number of completed house sales was 6 per cent higher than in the same period of 2011.
Outstanding credit card or loan payments will reduce the amount you can borrow, so pay them off if you can. Interest-only – Banks have made life harder for borrowers taking out interestonly mortgages, which are popular with wealthier borrowers, especially those with other assets such as shares and other investments. Interest-only loans are cheaper, but banks will now usually grant them to applicants with a deposit of at least 25 per cent. Use a broker – Mortgage brokers not only have access to most of the mortgage market – and many lenders offer special rates available only through brokers – but they also understand exactly how lenders operate and have long-term relationships with them. “The role of the mortgage broker will become increasingly important this year,” says Harris. “Brokers can find a more sympathetic lender to suit a buyer’s particular circumstances if they are selfemployed, require interest-only, or if they are an older borrower.”
MORE MILLIONAIRES LIVING IN LONDON
More than 300,000 people in Britain own a house worth over £1 million after a 19 per cent increase last year, a new study suggests. The number of property millionaires in Britain increased by 47,024 to 300,142 during 2012, according to property website Zoopla, with buyers at the top end of the property market apparently immune to the squeeze afflicting the rest of the nation. London, which has received strong demand from overseas buyers looking for a safe investment away from the troubles of the eurozone, has by far the highest number of property millionaires – 182,583 or 64 per cent of the total. Kensington and Chelsea, where the average property price is £2.2 million, has the highest concentration of property millionaires, helped by overseas buyers and wealthier homeowners. Lawrence Hall, spokesman for Zoopla, said: “The top end of the property market operates seemingly in isolation to the rest of the market.” He said wealthier buyers were often less reliant on the need to raise a mortgage, meaning many of them had been more sheltered from the effects of lenders tightening their borrowing criteria amid the weak economy.
35 3.99
Number of months the Bank of England base rate has remained at 0.5 per cent. Analysts at Citi believe it will stay at that level until 2017.
£1.264
TRILLION The amount owed on UK mortgages at the end of 2012. Just before the credit crunch started to bite in August 2007, the figure was £1.15 trillion.
Halifax standard variable mortgage rate. Cheaper fixed-rate deals are available and many borrowers would be better off by switching.
33
Percentage of income the average homeowner spends on mortgage repayments. The figure is close to its 20-year average even though interest rates are at record lows.
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
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.
£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%.
Hinckley & Rugby
3.79%
1.85% discount off SVR for term
N/A
3.8% APR
85%
None
Nil
£1,090
£150
Offset. Free valuation. On remortgages free legal fees
Melton Mowbray
5.39%
SVR + 0.4% for 3 years
4.99%
5.1% APR
95%
None
3.25% for 3 years. Can repay up to 10% p.a. ERC free.
£998
£140
First Time Buyers only. Offset. Not available within M25
17 DT Finance DPS.indd 2
23/01/2013 11:33
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Towering success Following first phase success, Berkeley Homes has released Wessex House at One Tower Bridge, the landmark Thames development directly opposite the Tower of London. Wessex House is a collection of 82 one, two and three-bedroom apartments, including three penthouses, and is designed to create continuity with recent arrivals on the South Bank, such as More London. Modern metal-framed glazing creates light living spaces and maximises views over the landscaped garden and water clock. Standing at the foot of Tower Bridge, One Tower Bridge was designed by architects Squire and Partners. The 1.6-hectare site will provide 353 private apartments and penthouses with private balconies, terraces or roof gardens. In four different architectural styles, the buildings vary in size and height. Interiors are designed by Darling Associates, who have worked on central London developments including One Hyde Park in Knightsbridge and Embassy Court in St John’s Wood. Italian and French stone and timber combine with bronze detailing, and Italian-style kitchens provide a backdrop for open-plan living areas looking out onto the balconies. Residents at One Tower Bridge will have access to five-star facilities including a boutique hotel, 24-hour concierge managed by Harrods Estates, gymnasium, private health club with a swimming pool, sauna, steam room and vitality pool, virtual golf facility, and residents-only business centre. A limited number of
secure underground parking spaces are available by separate negotiation. Each apartment is equipped with a home automation system to control the heating and comfort cooling, television, audio, and blinds. Potters Fields Park, part of the Thames Walk, is nearby. Wessex House, One Tower Bridge SE1, from £875,000, first completions scheduled for 2016, Knight Frank 020 7861 5499
“Wessex House draws on our experience of creating elegant spaces within some of the most prestigious and exclusive developments in London” Kate Moore, Darling Associates
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LONDON PROPERTY
REVIEW
Canonbury conservatory shines on Willow Bridge At the top of Willow Bridge Road in Canonbury, this impressive Victorian semi-detached house has off-street parking for four cars at the side and a secluded garden at the rear. The large parking area is secure and gated, and the 73ft rear garden has a paved area for al fresco dining at the top of a generous lawn bordered by mature trees and shrubs. It also has a stone pathway. Total inside living space of 3060 sq ft is spread across four floors, and the house has dual aspects with impressive views across the surrounding neighbourhood. The lower floor features a bespoke kitchen and dining room, a utility room, and a spectacular conservatory that opens out into the garden. There are two receptions off the entrance hall on the raised ground floor,
and the generous master bedroom – with en suite bathroom – stretches across the entire first floor. There are three more bedrooms and another bathroom on the top floor, and every floor has air-conditioning. Part of a conservation area, Willow Bridge Road is set among ‘The Alwynes’: Alwyne Square, Road, Place, Lane and Villas. Nearby are the shops, bars and restaurants of Upper Street and the transport of Highbury & Islington station on Highbury Corner. You can also take regular leisurely strolls along leafy New River Walk and study the grand homes and Italian art of Canonbury, and the recent and ancient history of Newington Green. Willow Bridge Road, Canonbury N1, £3.5m, Knight Frank Islington 020 3657 7340
“This magnificent house in a fabulous location is extremely well presented and offers an abundance of light, space and seclusion” Daniel Omell, Knight Frank Islington
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LONDON PROPERTY
REVIEW
Highbury luxury ISLINGTON
A split-level apartment on Islington’s Danbury Street is set on the ground and lower ground floors of a period conversion. Accommodation includes two double bedrooms, two bathrooms (one en suite), double reception room, and separate kitchen. The property also has a study area and direct access to a patio garden. Upper Street shops and Angel transport are a short walk away. Danbury Street, Islington N1, £899,950, Hamptons 020 7226 4688
Among the luxury fixtures and fittings at a house in Nash Terrace are a contemporary white-gloss Bulthaup B3 kitchen complete with integrated Gaggenau appliances such as a coffee machine, 900mm fridgefreezer and tall wine cooler. The Highbury property is flooded with natural light from large triple-glazed south-facing windows, which overlook the private garden and north onto the street. The windows feature adjustable external blinds to provide protection against the hot summer sun, when it arrives. Off Aubert Park, the house offers almost 3130 sq ft of inside living space on five floors including four bedrooms and four bathrooms. The lower ground floor
contains a media room and store, the ground floor has a kitchen and dining room and a study or bedroom, and there’s a first floor reception room. The top floor has a bedroom, bathroom and two roof terraces, and the property offers contemporary design and high-tech trimmings. The open spaces of Highbury Fields and independent boutiques of Highbury Barn are nearby, as well as the Emirates Stadium, home of Arsenal FC and music venue for the likes of Bruce Springsteen, Coldplay and Muse. Nash Terrace, Aubert Park, Highbury N5, guide price £1,995,000, Hugh Grover 020 7226 1010
Park Place space A sleek contemporary townhouse in the private gated mews at Park Place, Islington, has three floors of inside living space and an impressive roof terrace. Also offering an allocated parking space at the front, the 1470 sq ft property showcases modern design including an open plan, first floor kitchen and dining room with part-double-height ceilings and a wall of glass, which floods the space with natural light. A bathroom at the rear leads to a private balcony. The ground floor features a large master bedroom leading to a small courtyard garden, and the top floor has a mezzanine reception room that looks out across neighbouring Rosemary Gardens. Topping the property is a decked roof terrace with panoramic treetop views. Park Place is a cobbled mews development off Southgate Road, within easy reach of Haggerston, Dalston Junction and Essex Road stations. Park Place, Islington N1, guide price £1m, Cluttons 020 7354 6666
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LONDON PROPERTY
REVIEW
Restoration A Georgian house with four floors of space in Cloudesley Road, Barnsbury, has been restored and improved by its present owner. On the first floor, a superb double reception room features large and elegant sash windows, a balcony, and a period fireplace bathed in excellent natural light. The ground floor contains a dining room with double doors into the kitchen, which opens out into a 17ft rear garden. There are four bedrooms – one on each floor – including the master bedroom and
en suite bathroom on the lower ground floor, which also has a courtyard and store. The top floor contains a family bathroom, and total inside living space at the property is 1655 sq ft, excluding the store. West of Barnard Park and its play and sports facilities, Cloudesley Road is a short walk from Angel tube station and the shops of Upper Street. Cloudesley Road, Barnsbury N1, £1,795,000, Carlton 020 7359 0000
WHY CHOOSE HUGH GROVER ASSOCIATES
GREAT CUSTOMER SERVICE REALISTIC TRANSPARENT HELPFUL Call 020 3435 4656 and join over 5,000 homeowners that have trusted Hugh Grover Associates to sell their home.
Gated mews house at Angel’s Ingle Ingle Mews is a small and private gated development just off Inglebert Street and Myddelton Square, south of Angel. Handy for all the shops, bars and restaurants that both Angel and Clerkenwell have to offer, these recently modernised houses have around 800 sq ft of living space that includes two double bedrooms, and a large open plan reception, kitchen and dining area full of natural light. Featuring wooden flooring, the reception space is on the first floor, and the two bedrooms, bathroom and storage area are below on the ground floor. As an investment, the property offers estimated rental value of £650 per week.
www.inhughwetrust.com
325 Upper Street London N1 2XQ
Ingle Mews, Angel EC1, £695,000, Hotblack Desiato 020 7226 0160 DPS_ADVERT_LonPropRev-63x260.indd 1
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I S L I N GTO N | H I G H B U RY | C A M D E N
NOW AVA I L A B L E in North London P recise valuations C rystal clear communications R a z or sharp rates
Islington Office 314 Upper Street London N1 2XQ
Highbury Office 2 Highbury Park London N5 2AB
Camden Office 67 Parkway London NW1 7PP
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H O T B L A C K D E S I A T O .C O .UK
B at t l e d e a n R o a d N 5 3 bedroom house with terrace moments from Highbury Fields
G lo u c es t e r Av e n u e N W1 A lovely two bedroom garden flat on one of the most sought after roads in the area
ÂŁ700,000 Freehold
ÂŁ525 per week
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I S L I N GTO N | H I G H B U RY | C A M D E N
S t W i l l i a m s Co u r t N1 Outstanding penthouse with south facing balcony and parking
ÂŁ895,000
D e l a nc e y Pa ss ag e N W1 Unique split level studio apartment in central Camden
ÂŁ350 per week
Islington Office 314 Upper Street London N1 2XQ
Highbury Office 2 Highbury Park London N5 2AB
Camden Office 67 Parkway London NW1 7PP
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H O T B L A C K D E S I A T O .C O .UK
Highbury Hill N5 With views over Highbury Fields, a one bedroom apartment with balcony on Highbury Hill
G r a n v i l l e S q u a r e W C1 A delightful one bedroom maisonette situated on a quiet square in Bloomsbury
£445,000 Share of Freehold
£525 per week
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020 7226 1010
sales
325 Upper Street, London, N1 2XQ www.hughgrover.co.uk
Highbury Hill, N5
Freehold
ÂŁ1,075,000
Newly refurbished 4 bedroom house
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020 7226 1010
sales
325 Upper Street, London, N1 2XQ www.hughgrover.co.uk
Mildmay Grove South, N1 Leasehold 1 Bedroom
St. Philip’s Way, N1 2 Bedrooms
Freehold
£285,000
Nash Terrace, N5 4 Bedrooms
Freehold
£1,995,000
£925,000
Ellington Street, N7 2 Bedrooms
Share of Freehold
£395,000
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SALES
Brooksby Street, N1 An elegant four floored Georgian house situated in this sought after cul de sac in the Barnsbury Conservation area
ÂŁ1,300,000 Freehold
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LET T I NGS
Highbury Park, N5 Attractive two bedroom flat with communal terrace and garden
ÂŁ460 per week
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Bloomsbury SHOREDITCH CLERKENWELL SPITALFIELDS moorgate london fields
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LONDON PROPERTY
REVIEW
Resurrection option Explore the early 19th century history of human dissection through dramatic evidence unearthed during excavations at the Royal London Hospital. The exhibition Doctors, Dissection and Resurrection Men, which runs until April 14, is now showing at the Museum of London, just around the corner from a two-bed, two-bath apartment to let at Milton House in Little Britain. In a quiet little one-way street close to the Museum of London roundabout, the third floor property includes a living space containing two sofas and a dining area big enough for four.
A fully fitted kitchen includes a washer-drier, dishwasher, oven and fridge-freezer, and the master bedroom has a small balcony. The property has wooden flooring, views of Postman’s Park, and an underground parking space available separately. Milton House, Little Britain EC1, £525 per week furnished, Scott City 020 7600 0026
Monument building has a two-bed flat Two minutes’ walk from Monument tube station, an apartment in the Werna House development offers two bedrooms and two bathrooms. The fourth floor property in Monument Street has more than 720 sq ft of living space including a reception room and a modern tiled kitchen with fitted appliances. It also has wood flooring, video security entry system, and a day concierge. Cannon Street, Bank and Liverpool Street stations are all easy walking distance, and London Bridge station, Borough Market and Hay’s Galleria are on the opposite side of the Thames.
KING’S CROSS Once home to a foundry and a tobacconist, a four-bedroom townhouse on King’s Cross Road combines period character with contemporary touches. Living space is set out over four floors containing finishes that reveal the property’s fascinating past. Close to King’s Cross and St Pancras International stations, King’s Cross Road is in an area currently undergoing significant redevelopment, on a 67-acre site due for completion in 2020. King’s Cross Road, Bloomsbury WC1, £1,295,000, Knight Frank 020 3657 7340
Werna House, Monument Street, Monument EC3, £575,000, Scott City 020 7600 0026
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LONDON PROPERTY
REVIEW
Penthouse, palm trees and views of St Paul’s Caressed by a border of ornamental palms, the wraparound decked roof terrace of a three-bedroom penthouse apartment in Clerkenwell delivers superb views of St Paul’s Cathedral and The Shard. Take the lift to the fourth floor and enter the property’s contemporary reception, kitchen and dining space, which has an adjoining utility room. Also on this floor are three bedrooms – including the master suite – and two bathrooms. Sliding doors lead to two balconies. Stairs lead up to the fifth floor and the property’s impressive 40ft x 20ft reception and living area surrounded on three sides by the wraparound terrace. Total inside space is 1912 sq ft and the home includes air-conditioning, underfloor heating throughout, and a built-in sound system. The apartment is at the lower end of St John Street, south of Clerkenwell Road and its fine bars and restaurants.
The Square Mile and Farringdon and Barbican stations are a short walk away, and the £16 billion Crossrail project is under way to make travel quicker and easier. Named after the Priory of St John established in Clerkenwell by the Knights Hospitaliers, St John Street was an important 18th century staging post for travellers on their way north from Smithfield, and was famous for its pubs and taverns. Well-heeled coach passengers mingled with butchers and traders from the meat market. The Penthouse, St John Street, Clerkenwell EC1, £2.25m, Hamptons 020 7236 8398
“This spectacular penthouse apartment has many contemporary features throughout and a real wow factor, ideal for anyone who loves to entertain and impress” Leon Stone, Hamptons
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EXCLUSIVE PROPERTY SPECIALISTS
THESPACESTATION.CO.UK 37
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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LONDON PROPERTY
REVIEW
Motueka, NZ Motueka is a busy little town with a residential population of around 12,000 people. Located at the top of the South Island in what is consistently New Zealand’s sunniest region. Motueka encompasses the rustic charm of Golden Bay, arable plains of Motueka and the Waimeas, rugged Mountains of the Kahurangi National park, coastal beauty of the abel tasman national park, peaceful isolation of the Marlborough Sounds and farewell Spit, the longest natural sandspit in the world. A wide array of accommodation options for families is available from 5
star luxury lodges, award winning bed and breakfasts and numerous tent and caravan parks dotted around the popular beach locations. For Further Information on Motueka visit: http://www.motuekaisite.co.nz/ For Purchasing Real Estate in Motueka, Nelson, Golden Bay, or Marlborough, New Zealand please call Bob Brereton at Motueka First National Real Estate Limited on: Tel: +64-3- 528-8881, Cellphone: +64-21772-309, Email: bob@mfn.co.nz or visit our website at: www.lifestylewaterfront. co.nz
Sandspit, Auckland, New Zealand • Brick Bay Winery and Sculpture Trail www. brickbaysculpture.co.nz • Sandspit Yacht Club • Marina to be built • Closest point for access to Kawau Island • Camp site- Sandspit Holiday Park • Close to Snells Beach • Close to Warkworth which has information centre • Great accommodation is Kotare Lodge www. sandspitkotarelodge.co.nz • Less than 1 hour north of Auckland city centre Start planning your trip to Auckland today. To find out more visit www.aucklandnz.com. For Purchasing Real Estate in Sandspit or the Auckland Region please call Richard Morgan, MRICS, AREINZ, RE/ MAX Paradise Real Estate Ltd. +64.9.524.5242 Office, +64.21.879.796 Cell, richardmorgan@remax.net.nz
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LONDON PROPERTY
REVIEW
Byron Bay, NSW, Australia Cape Byron is Australia’s most easterly point, 153° 39´ east, located on the north coast of New South Wales Australia. With its numerous beaches, unspoiled hinterland, and relaxed lifestyle, Byron Bay is a popular tourist destination. With average summer temperatures of 21°C - 28°C (70°F - 82°F), and average winter temperatures of 15°C-21°C (59°F- 70°F), both locals and visitors are
able to enjoy plenty of outdoor activities including the many festivals throughout the year. Byron Shire has a population of close to 30,000, while the town of Byron Bay has a population of about 9,000. For further information on Byron Bay, please visit: www.byron-bay.com or www.visitbyronbay.com.
Geographe Bay, Western Australia A two hour drive south of Perth lies the sheltered shores of Geographe Bay. Voted one of the top 10 places to visit in the world by Lonely Planet, the region is famed for its breathtaking natural beauty. Here you will experience the extraordinary. From the heights of the largest remaining tuart forest in the world at the Ludlow Tuart Forest, to the depths of Australia’s greatest artificial reef at the Busselton Jetty. In between you will find hundreds more equally spectacular spots, and just as many ways to enjoy them. Home to the vibrant seaside towns of Busselton, Dunsborough and Yallingup, 30kms of pristine, white sandy beaches fringe the renowned Margaret River Wine Region to create the perfect holiday playground. For further information: Contact Busselton Visitor Centre 38 Peel Terrace Busselton 6280 Phone+61.08.9752.5800 or Fax +61.08.9752.1470 Email: getaway@geographebay. com or Website: www.geographebay.com For Purchasing Luxury Real Estate in Dunsborough or Geographe Bay Region please talk to Lee York or one of the Team at JHY Realty Dunsborough +61.8.9759.1300 Office, Website: www.jhyrealty.com.au
Goulburn, Australia As Australia’s first inland city, Goulburn has been around since the 1820s and was proclaimed a city in 1863. Goulburn is home to many of Australia’s longest running organisations – such as Australia’s oldest continually running brewery, Australia’s oldest theatre company and the oldest country rugby club in Australia, but that only scratches the surface of a town that values and celebrates its heritage and history. Goulburn is strategically located at the heart of Australia’s busiest road and rail corridor connecting Sydney, Canberra and Melbourne. For further information on this fabulous destination please visit: http://goulburnaustralia. com.au/
Geographe Bay images courtesy of Busselton Visitor Centre.
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The RE/MAX Collection
Nobody in the world sells more real estate than Each office independently owned and operated
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Magical Wildlife Haven – Secure Your Piece of Paradise Greater Auckland, New Zealand
£3,500,000 Freehold
Less than an hour’s drive from Downtown Auckland, this 2.35 acres (9,506 sq. m.) property with panoramic Gulf views extends to 5,640 square feet (524 sq. m.). 5-6 car garage, gym plus boat house, 3 living rooms, study, guest quarters, heated 38-ft. x 11-ft. swimming pool plus spa, water bore 9,000 litres/hour with submersible pumps and softener. Heat loop ground system—12-ft. x 100-ft. bores provide house and pool heating. REMAX.CO.NZ/RMR10011
Contact Details: Richard Morgan, MRICS, AREINZ. RE/MAX Paradise Real Estate Ltd. Office +64.9.524.5242 • Cell +64.21.879.796 richardmorgan@remax.net.nz
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Byron Bay Private Resort BYRON BAY, NSW AUSTRALIA Luxury resort-style 4 bedroom / 2 bathroom property offering privacy and seclusion amidst magnificent tropical gardens on an easy care 1.6 acre site. Located 2000m via a country laneway to the nearest beach and only 10 min drive to Byron, 25 min to Gold Coast airport, this contemporary home, designed by award-winning Noosa architect Phil Quayle, was built in 2006 and is offered fully furnished and equipped. Dive into the 16m swimming pool, relax in the Bali hut, dine on one of the many decks or patios, stroll through the bamboo walkway, enjoy mountain views from the upper level “couples retreat” or simply lounge in your choice of spacious open plan living rooms. Some special features of this airy and light filled property include an ionized swimming pool giving a “fresh water” experience, luxury fully tiled bath and shower rooms, extra large double bedrooms, ducted air conditioning, satin ash wooden floors, a fully equipped home office (with its own separate entrance,) double garage, and beautifully landscaped gardens featuring rare and exotic planting, extensive stone work and tasteful statuary. “Foodies” will delight in exotic cuisine prepared in the extensive entertainer’s kitchen, using organic produce from established vegetable gardens. Nature lovers will relish the plentiful presence of green tree frogs, echidnas, wallabies, fairy wrens and sea eagles. Those enjoying mountain views and rural vistas can be assured they will not be lost. Additional accommodation is available via existing building approval for a stand alone garden studio/gym. AUD $2,450,000
ALL ENQUIRIES TO CAROLINE AND TOM +61.478.435.850 bbresort@linknet.com.au http://www.dreamhomesmagazine.com/Home183306.html Janis Perkins, Raine & Horne Ph.+612 6685 6588/Cell +61 438 841 122 Graham Dunn, Byron Bay Property Sales Ph.+612 6685 8575/Cell +61 418 663 620 50 Byron Bay FP.indd 1
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Magnificent Southern New South Wales Country WONGABEL, MAJORS CREEK AUSTRALIA Situated between Canberra and the NSW south coast is a beautifully landscaped and significantly improved grazing property. An extremely lucrative investment, turning over 800 joined heifers annually. All infrastructure is in excellent condition, including a renovated 3-bedroom home, 2-bedroom workman’s cottage, extensive shedding, quality horse facilities, shearing shed and covered yards and 400-head steel cattle yards with floodlit, covered work area. Water security is a feature, with 40 dams, reticulated water system to troughs and average rainfall 34 inches (850 mm). AUD $2,500,000
Two Scenic & Private Retreats Between Sydney & Canberra SHOALMARR, TALLONG AUSTRALIA
FORESTVALE, BIG HILL AUSTRALIA
50 acres of cleared grazing land and natural forest. 4BR/2BA, two-level house with views of mountains and escarpments. Spacious living areas combine country charm with modern finishes. Horse facilities, stabling, sand arena, tack room and wash bay, fencing and shedding for vehicles, machinery, etc. Stunning riding throughout the property and Caoura Rd as it winds through the Morton National Park. AUD $700,000+
Attractive 240 acre property offering commercial viability, privacy and recreational uses. 80 acres pasture-improved, ample water, bushland and undulating terrain. Featuring spectacular views, the 4BR house overlooks the mountains. Spacious living, open fire, new kitchen, fabulous deck. All-weather tennis court. Machinery shed with attached, comfortable ‘sleep-out’. AUD $750,000
TRONN ALSTERGREN & HELEN CHEETHAM Tronn Alstergren Real Estate
+61.2.4821.6022 Office +61.418.655.403 Cell www.tronnalstergren.com • tronn@tronnalstergren.com
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Prime Beachfront Land This clear and level 871m2 block with 22m frontage, in prime beachfront location boasts direct access to the water and is just strolling distance to the shopping hub and café strip of Dunsborough, one of the State’s premier tourist destinations. Nestled on the shores of a stunning north facing bay, sheltered from prevailing weather, & bathed in winter sun – it’s a sundrenched location of pristine beauty unmarred by industry and over population. With tree lined cycle path opposite you can stroll, ride or rollerblade in for your morning coffee; or enjoy leisure activities at the strategically located playgrounds and outdoor gym stations This is an unrepeatable buying opportunity so if you are looking for a strategic investment and unparalleled lifestyle opportunity call today.
AUD$899,000
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Lee York Director/Sales Consultant JHY Realty Dunsborough +61.8.9759.1300 Office +61.438.867.737 Cell lee@jhyrealty.com.au www.jhyrealty.com.au
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Overlooking Tasman Bay Motueka, New Zealand
NZD $3,200,000
With over 2.2 hectares of gently undulating, manicured gardens providing the setting for this exceptional home, it is the epitome of privacy. Spectacular views over the picturesque Tasman Bay and back to the Kahurangi National Park with the house being designed to maximise these features. Whether it be holiday home, family home or luxury Bed & Breakfast—the options are endless!
Elegant, Classical, Timeless Motueka, New Zealand
NZD $2,000,000
From the first it is apparent this is no ordinary home. Perched majestically high above the fertile Motueka Valley, it offers more than 650 sq. m. of luxurious country living, offset by stunning views from every room. Options are numerous with this property, huge potential for a luxury bed and breakfast with limited alterations or just a large family home are all possibilities.
Bob Brereton Sales Manager / Rural and Lifestyle Specialist Motueka First National Motueka Real Estate Ltd Licensed REAA 2008
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Office: +64-3-528-8881 Cell: +64-21-772-309 Email: bobbrereton@slingshot.co.nz
www.lifestylewaterfront.co.nz
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LONDON PROPERTY
REVIEW
Canal location scores a hit with buy-to-let investors Seven of the 13 new homes put on sale at Lime Wharf in Hackney sold at the development’s recent launch event. The canal-side scheme proved particularly popular with buy-to-let investors keen to spend in an area where the rental market in booming. Lime Wharf is a new collection of 28 cool and contemporary one, two and three-bedroom apartments on the banks of Regent’s Canal. Designed by architects Stephen Davy Peter Smith, the scheme is set in a conservation area at Branch Place on the south side of the canal in N1. Formerly home to a group of warehouse buildings known as Rosemary Works, the development is modern and bold in design. Three blocks finished in pale grey diamondshaped zinc tiling ‘float’ above the ground floor commercial workshop and studio spaces, which feature warm brickwork and expanses of glazing. Every apartment has its own balcony or terrace – many with waterside views – while two communal terraces provide
further space. Earthy materials such as wood and stone feature strongly in the scheme’s landscaped internal courtyard gardens and communal areas, reflecting Lime Wharf’s green and leafy surroundings. All the apartments feature high quality interior specifications including designer Symphony New York kitchens with reconstituted worktops and fully integrated NEFF appliances, tiled white bathrooms, and open-plan living spaces with engineered wooden floors. Master bedrooms feature built-in white wardrobes and chic coffeecoloured carpets. Essex Road rail station is a 12-minute walk from the development, offering a link into Old Street and the Northern Line in just three minutes. Haggerston overground station on the new East London line is a 13-minute walk. Lime Wharf, Branch Place, Hackney N1, from £495,000, Currell New Homes 020 7226 6611
“Sales are off to a fantastic start. Demand for new flats in Hackney and Islington is in very short supply and water is such a rare feature” Adrian Plant, Currell
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LONDON PROPERTY
REVIEW
Queen Caroline’s Orient express A fascinating flavour of the Orient, close to Greenwich Park, The Pagoda of Blackheath was once the rented home of gregarious Princess Caroline of Brunswick after her separation from husband George, Prince of Wales. They were wed at St James’s Palace in 1795 but the royal marriage was stormy and they parted the following year. Caroline remained a prominent figure in high society and entertained at The Pagoda in typically energetic style. Guests at her Blackheath bunfights included Prime Minister William Pitt and statesmen John Scott Eldon, Charles Grey and Spencer Perceval. She left The Pagoda to travel around the Mediterranean, controversially returning to England to claim her position as Queen when her detached partner became George IV. Grade II* listed, The Pagoda was designed by Sir William Chambers and built for the Duke of Montague in 1767 at a time when Chinoiserie was highly fashionable. It formed part of the Montague Estate and stood within an extensive walled fruit and vegetable garden. After Caroline’s notorious residency, enriched by later use as a school for young children, the property was extended in 1855 to become a grand house in its own right. Local camera manufacturer Frank Butcher bought the lease and embellished the interior with arts and crafts panelling in the magnificent doubleheight hallway and dining room, and oriental lacquered panelling in the drawing room. Today this Blackheath country house and former home of the questionably good Queen Caroline offers impressive reception rooms, five bedrooms, pagoda room, superb views across London, and flexible family or office space. There’s off-street parking for at least five cars, a third-of-an-acre landscaped garden, and a two-bedroom annexe for nanny or granny. By Bob Stonebridge The Pagoda, Blackheath SE3, £3.5m, Savills 020 8877 4810
“Steeped in history, this sensational property provides ideal accommodation for entertaining on a grand scale and comfortable family living” Robin Chatwin, Savills
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LONDON PROPERTY
REVIEW
Gated mews house WAPPING
Boutique estate agency Abatoria Residential has moved to a new office on Wapping High Street, directly in front of Wapping tube station. Founded eight years ago in New Crane Wharf, the agency is run by Tijen M-Ali and Mini Brar-Thompson, who both have extensive experience of the area’s property market. Abatoria is currently selling a two-bedroom apartment at Wapping’s Trafalgar Court that has direct Thames views from every room and two balconies. It includes two bathrooms (one en suite), wooden flooring, secure parking space, and 24-hour concierge.
A modern two-bedroom townhouse in Fendall Street, a quiet residential location close to Bermondsey Square, is part of a small development in a private gated mews. Also handy for Bermondsey Street, Tower Bridge and the Thames, the property has excellent natural light and more than 1200 sq ft of living space arranged on three floors. The first floor features a 17ft reception room with tall French windows that open out onto a private balcony, and a separate kitchen with integrated appliances. The
second floor contains the two bedrooms, including the master with built-in wardrobes and an en suite shower room. On the ground floor is a study or office area. The integral garage has a remote-activated shutter door, and the house includes a separate parking space. It also has boarded storage space in the loft. Fendall Street, Bermondsey SE1, £695,000, Field & Sons 020 7234 9633
Turn to Pages Walk for open plan living Pages Walk Terrace, south of Bermondsey Street, is a collection of nine three and four-bedroom houses built by independently owned and operated Ferndale Construction. Mixing Victorian architecture with contemporary fixtures and fittings, the homes have ground floors dedicated to open plan living with double doors leading out into the garden. High-spec kitchens and underfloor heating complete the downstairs space. Upstairs, the master bedrooms have balconies overlooking the garden, and the luxury bathrooms have Duravit fittings. Eight of the homes have 1475 sq ft of space including four bedrooms and three bathrooms, and the other unit is 1050 sq ft with three bedrooms and two bathrooms. The development offers secure parking for all. Pages Walk Terrace, Bermondsey SE1, from £775,000 to £895,000, Felicity J Lord 020 7089 6490
Trafalgar Court, Wapping E1, £699,950, Abatoria 020 7488 2020
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Rotherhithe Street, SE16 £320,000 Leasehold Oare, Wiltshire £2,750,000 FreehOld
Eleanor Close, SE16 £355,000 Leasehold Oare, Wiltshire £2,750,000 FreehOld
Located in the countryside and built in the 1960’s as large, country Winkworth are Wiltshire pleased to offer this ground floor apartment inathis neomodern Georgian style house with far-reaching and extremely flexible accommodation with potential to development situated onviews the banks of the River Thames. extend further. Own Entrance | Two Double Bedrooms | Reception Room | Kitchen | Bathroom Suite | Four bedrooms | garden room&| hall | drawing four bedrooms Storage Heating| |four Oakbathrooms Laminate Wood Flooring Fitted Carpetsroom | Rear| Patio | Secure | four bathrooms Allocated Parking | garden room | hall | drawing room
A light spacious first floor apartmentand in this secure courtyard Located in the Wiltshire countryside builtsought in the after 1960’s as a landscaped large, modern country development, close to allviews localand amenities. house with far-reaching extremely flexible accommodation with potential to extendReception further. | Two Double Bedrooms, Master with En-suite | Fitted Kitchen | Main Large Bathroom | Video Entry System | Allocated off street Four bedrooms | four bathrooms | garden room | hallparking | drawing room | four bedrooms
Finland Street, SE16 £235,000 Leasehold Oare, Wiltshire £2,750,000 FreehOld
Winkworth are Wiltshire pleased to offer this light fourth floor apartment in this Located in the countryside and built in (top) the 1960’s as a large, situated modern country sought afterfar-reaching location. The apartment would benefit general updating. house with views and extremely flexible from accommodation with potential to
Double bedroom | Light reception | Fitted kitchen & bathroom | Entry phone | Double extend further. glazing | Secure parking Four bedrooms | four bathrooms | garden room | hall | drawing room | four bedrooms | four bathrooms | garden room | hall | drawing room
| four bathrooms | garden room | hall | drawing room
Elizabeth Square, SE16 £249,995 Leasehold Oare, Wiltshire £2,750,000 FreehOld
Winkworth are Wiltshire pleased to offer this third (top)infloor apartment to acountry good Located in the countryside and built the 1960’s as arefurbished large, modern standard throughout situated in this impressive waterside development. house with far-reaching views and extremely flexible accommodation with potential to
Double bedroom | Light reception | Quality fitted kitchen | Bathroom Suite | Loft extend further. storage | Entry Phone | Secure parking Four bedrooms | four bathrooms | garden room | hall | drawing room | four bedrooms | four bathrooms | garden room | hall | drawing room
Scan this code to download the Winkworth iPhone app
winkworth.co.uk/surrey-quays
See things differently.
020 7237 9119 surreyquays@winkworth.co.uk
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London SE1
The best of London on your doorstep One The Elephant offers contemporary and sustainable studio, one, two and threebedroom homes in an elegant 37 storey tower For more information or to book an appointment: Call 020 7407 1375 Email onetheelephant@fieldandsons.co.uk
The Life The Heart The Elephant
FIELD & SONS Surveyors, Valuers & Estate Agents Est. 1804
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Love where you live
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FIELD & SONS Surveyors, Valuers & Estate Agents Est. 1804
Surrey Row, SE1 Beautifully presented, first floor, ‘live/ work’ apartment in a former printing factory. This apartment has double height ceilings allowing for the main rooms to £775,000 incorporate flexible mezzanine areas.
Melford Court, SE1 Freehold house arranged over 3 floors within gated mews. Boasting great natural light, a high quality finish throughout and practical layout, extending to over 1200 sq ft. A great family home. £695,000
Cole Street, SE1 2 bedroom stylish loft apartment in a classic warehouse conversion with period features including exposed beams, solid oak floors and exposed brickwork; £695,000 located in an old residential street.
Tabard Street, SE1 2 bedroom, 2 bathroom penthouse apartment within a modern building close to Borough tube station and within an easy walk of Borough Market, London Bridge & the River. A great ‘City Pad’. £645,000
Sanctuary Street, SE1 2 bedroom, 1st floor apartment within a modern development. This apartment is in excellent condition throughout and benefits from secure underground parking, with excellent transport links. £595,000
Southwark Park Road, SE16 3 bedroom Victorian house arranged over 4 floors. This house has a wealth of character and would be an ideal opportunity for an individual, looking to put their own stamp on a beautiful house. £559,000
Borough Office 020 7407 1375
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FIELD & SONS
SO
LD
Surveyors, Valuers & Estate Agents Est. 1804
Morocco Stores £1,550,000 2 Bedroom penthouse apartment recently sold in London Bridge, SE1. A stunning penthouse apartment within this attractive Grade II listed Victorian warehouse which was sympathetically converted in 1998. Located within a highly desirable conservation area and positioned just off the vibrant and fashionable Bermondsey Street, the property is filled with original features and oozes charm synonymous with the surrounding Dickensian streets. Offering a huge open-plan reception space, fitted kitchen, 2 double bedrooms, study / nursery and a spacious roof terrace which commands attractive views over the Leathermarket Gardens and the ever changing London skyline. The property is within a moment’s walk of the gastronomic delights of Bermondsey Street and Borough Market, it is also within a 5 minute walk of London Bridge Station and The Southbank. We have recently registered a high number of motivated applicants with budgets over £1,000,000 and require more properties to meet their criteria.
Shad Thames Office 020 7403 8571
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FIELD & SONS Surveyors, Valuers & Estate Agents Est. 1804
BOROUGH OFFICE
Borough High Street, SE1 2 bedroom apartment with good size rooms and a large balcony, located just minutes from Borough Market, London Bridge £500 per week station and the river. Furnished and available now.
Felton Hall House, SE16 1 bedroom apartment situated within a small, newly completed development with a spacious open-plan reception / kitchen and a £410 per week large private balcony. Furnished from 13th March.
Butlers Wharf This incredibly rare 4 bedroom apartment offers outstanding living and entertaining space within Shad Thames’ most prominent landmark £1200 per week building. Furnished and available early April 2013.
Anchor Brewhouse A perfectly positioned 1 bedroom apartment with stunning views of The River Thames and Tower Bridge, Furnished and available January £625 per week 2013.
Belgrave Court, Canary Riverside, E14 Stunning one bedroom flat with balcony and stunning views of the Thames. Canary Riverside is a prestigious development next to the Four Seasons Hotel, and just minutes from the bars, restaurants and offices of Canary Wharf. Available now. £425 per week
East India Dock Road, Poplar, E14 3 bedroom conversion flat situated on the first and second floor and comprises of reception room, semi open plan kitchen, bathroom, three bedrooms and separate w.c. A short walk to Westferry DLR Station, perfect for sharers and access to Canary Wharf. Available now. £410 per week
SHAD THAMES OFFICE
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
www.fieldandsons.co.uk 23/01/2013 15:51
FIELD & SONS Surveyors, Valuers & Estate Agents Est. 1804
Bench Apartments, SE1 Newly refurbished 1 bedroom apartment with a large open-plan reception room /modern kitchen, plenty of storage and wood £375 per week flooring throughout. Unfurnished and available now.
Marshalsea Road, SE1 Spacious, completely refurbished studio flat in a period building, with terrific natural light and an ingenious ‘fold-down’ bed £285 per week that is a practical solution. Available 18th February.
Coriander Court This stunning 2 bedroom Victorian warehouse conversion that oozes character and charm with exposed brick, wood and Iron work. £550 per week Furnished and available January 2013.
River View Heights This quietly positioned and beautifully appointed riverside property on Bermondsey Wall West commands attractive vistas of Tower Bridge and Canary Wharf from this highly sought after and secure development. £375 per week Furnished and available February 2013.
Belgrave Street, Limehouse, E1 A selection of 2 and 3 bedroom apartments to rent in this newly converted public house. Situated on the corner of Belgrave Street and Troon Street. Available February. From £400 per week
Constable House, Canary Wharf, E14 The property comprises a semi open plan kitchen, reception with balcony, double bedroom and bathroom with bath/ shower. Located 0.4 miles to South Quay DLR Station. Includes porter, gym and pool. Available now. £300 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 7715 9700
joneslanglasalle.co.uk
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Landmark East, E14 - £349,950 Leasehold
Landmark West, E14 - £350,000 Leasehold
• Luxury development
• One bedroom
• 11th Floor stunning Views
• Luxury development
• One Bedroom
• 527sqft
• 24hr Concierge & gym
• Investment opportunity
Artemis Court, E14 - £560,000 Leasehold
Landmark East, E14 - £639,000 Leasehold
• Two bed, two bath
• Two bed/ two bath
• Gated development
• 20th floor stunning views
• Pool, gym, concierge
• Allocated parking
• Allocated parking
• 24hr concierge & gym
11 Westferry Circus, Canary Wharf, London E14 4HD
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020 7715 9700
joneslanglasalle.co.uk
Aqua Vista, E3 • • • •
Brand New Apartment One Bedroom & Balcony Concierge Service Langdons Park DLR
Landmark East, E14 • • • •
Two bed/ two bath Luxury development Gym and 24 Hour Concierge Heron Quays DLR
SpacE1, E1 • • • •
£380pw
One bedroom Luxury apartment 19th floor views Canary Wharf Jubilee/DLR
Landmark West, E14 • • • •
£260pw
£550pw
Brand New Apartment One Bedroom & Balcony 12 Hour Concierge Langdons Park DLR
Hamilton House, E14 • • • •
Two bed/ two bath Prestigious development Two balconies 24hr Concierge & Parking
11 Westferry Circus, Canary Wharf, London E14 4HD JLL DPS.indd 2
Aqua Vista, E3 • • • •
£410pw
Two bed/ two bath Balcony with dock views Parking & Concierge Westferry DLR
Canary Riverside, E14 • • • •
£290pw
£685pw
Two bed/ two bath Terrace Concierge Service Langdons Park DLR
Dundee Wharf, E14 • • • •
£450pw
Luxury Apartment Two bed/ two bath Concierge service & gym Westferry DLR
Canary Riverside, E14 • • • •
£340pw
£1,200pw
Riverside Apartment Three bed/ three bath Parking & 24hr concierge Westferry DLR
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