The property on Dereham Road, IG11

Acting for a Trustee in Bankruptcy, the Insolvency Department of Currell Chartered Surveyors has just sold a repossessed property in Barking for 26% over the guide price.

The four bedroom semi-detached property in Dereham Road was sold through auction at The Sheraton Grand Hotel in Piccadilly for £497,000 – a substantially larger amount than the £390,000 guide price.

The property is close to Barking town centre and represented a great opportunity for investment and modernisation.

Currell’s new Barking office, in the former police station, set to open this summer

The average property price in the borough of Barking and Dagenham is £296,892 – up 3.9% from 2016 (Land Reg, Dec 2017). Currell is opening a new office in Barking this summer, as part of the wider regeneration of the area.

There are plans for more than 35,000 new homes and 10,000 new jobs in the borough over the next 20 years.

Selling your property can be a busy process, especially in the early stages. When you’ve got people coming to view your home, it’s important that they feel like they want to live there, too. Here are a few quick ways you can fix it up with minimal stress – and put your potential buyers at ease.

First impressions are key

Don’t put viewers off before they’ve even stepped in – make sure the front of the house is well presented so they start off on the right foot. Give the door a fresh lick of paint, and get a new door mat. Sweep the front path or driveway, and clear the front garden. Make sure your bins are tidy, and out of view if possible.

Declutter

Once inside, ensure the entrance hall is de cluttered – put any coats or jackets that you don’t wear often into storage boxes, or better still, have a clear out. The same goes for any boots and shoes stored near the door. Surfaces in the kitchens and bathrooms should be completely clear. Swap the bottle of washing up liquid on the counter for a vase of simple flowers (no need to go OTT though – it’s not a show home). And of course, absolutely no laundry or dishes left lying around!

Lighten up

Light is very important, yet often underestimated. Instead of having one large centre light, consider a few well-placed lamps, especially for evening viewings – it makes the space look so much more homely. Clean the windows, too as everyone is always drawn to a window in any room.

Don’t forget the garden, too

Tidy any outside space, especially if it is a proper sized garden, as this can be a big selling point. Depending on the time of year, get some flowers in pots to add a bit of instant colour. If you have a flat, window boxes are a perfect solution.

Make it scent-sational

Don’t cook anything smelly the night before. Cooking smells linger for longer than you think, and there’s nothing more off putting than walking into a room that still smells like last night’s curry. Add reed diffusers and scented candles so that potential buyers aren’t put off (it’s also a good idea to put these in the bathroom, too).

What is shared ownership?

Shared ownership is a type of Help to Buy scheme, that allows you to purchase a share in a property. You then pay a subsidised rent to the Housing Association on the remaining share, along with a monthly service charge.

Shared ownership properties are purchased on a leasehold basis and the lease is normally 125 years. This means you will own an equity share in the property – anything from 25% to 75%, dependent on what is being offered by the vendor, and what you’re able to afford.

Financial ability is assessed free of charge by an independent financial advisor (IFA). You’re required to buy up to your maximum affordability, and additional shares in the property can be purchased at any time – this is called staircasing. The price is always taken from the market value, which is determined at the time by a RICS accredited surveyor.

Once you’ve bought your property, you can sell it at any time. The housing association will normally have a 12 week period to find another person to purchase the property under the shared ownership scheme, however if they can’t find a buyer in that time period, the property can then be sold on the open market (again, the value is determined by a RICS accredited surveyor).

So how do I know if I’m eligible?

In order to qualify for shared ownership, you’ll need to…

  • Earn less than £90,000 a year if you’re looking to buy in London, and £80,000 outside of London. Every property will have a minimum income level too, determined by its value, rent and service charge costs
  • Have access to a minimum deposit of 5% of the share being purchased
  • Be employed on a permanent contract and have passed any probation or be able to provide three years audited accounts if self-employed
  • Have British, EU or EEA Citizenship or have indefinite leave to remain
  • £5,000 towards legal fees, mortgage arrangement fees and stamp duty

Each development will have an eligibility criteria of its own and this can be based on the area in which applicants currently live or work and the type of accommodation currently occupied.

What now?

Take a look at our selection of fabulous properties available to purchase through shared ownership here.

To find out more about shared ownership, head to Twitter to take part in #SOChatHour where you can join the conversation and ask questions about all things Shared Ownership, every Wednesday at 8pm.

You can also get in touch with our team on 020 7704 5618. 

 

Fast becoming one of Hackney’s trendiest hotspots, London Fields is full of independent bars and restaurants, with Broadway Market offering a whole host of culinary gems. Here’s our top pick of places to go for a bite and a cocktail (or two).

Sans Pere

Sans Pere opened the doors to its second venue on Broadway Market in November. A French bistro with a twist, Sans Pere has created a menu perfect for those with a sweet tooth, offering up a unique and vibrant selection of cocktails, desserts and specialist coffees.

Innovative, French inspired cocktails are paired with each dessert. The cocktails incorporate homemade ingredients alongside classic French ingredients.

Find out more here.

Tuyo

Further down Broadway Market, overlooking the Regent’s canal, is Tuyo. Spanish for ‘yours’, Tuyo serves a range of Mediterranean inspired tapas, pinchos, and bigger sharing dishes. Tuyo’s tapas are not just Spanish, they are also influenced by Greek and Turkish recipes to bring a mixture of flavours from the Med.

Book a table here.

Okko

Okko’s colourful Japanese dishes are beautifully presented, delicious, and good for you. Inspired by modern Japanese cuisine, the food is perfectly prepared, with the wooden furnishings and minimalist decor bringing the atmosphere of a modern Tokyo cafe.

Book a table here.

Off Broadway

A favourite amongst locals, including a few celebrities (Kirsten Dunst, Michael Fassbender, and Keira Knightley have all been spotted there), Off Broadway serves a range of fun cocktails and bar snacks. Go for the buzzy atmosphere, stay for the resident cat.

Find out more here.

Twigs

Both a plant shop and a cafe, Twigs serves healthy lunches, brunches, and delicious macaron ice cream sandwiches. Pick up a new succulent for your living room and stop for a bite to eat, all under one roof.

Find out more here.

Insitute of Light

The Institute of Light is Hackney’s newest collaborative space under the railway arches of London Fields station. IOL is a cinema, record store, bookshop, cafe, and restaurant/bar. Their menu is based around a fusion of Anglo-French cuisine, and is dependent on seasonal and market produce.

Book a table here. 

Martello Hall

Perfectly positioned on the corner of Mare Street and Warburton Road (which heads down to the fields) is Martello Hall, a bar, restaurant, and workspace. Head there on a Sunday for a roast, during the week for bottomless coffee and fast wifi, or on a Saturday night for pizza from their wood fired oven and their delicious range of cocktails. You can also hold your own event here – or attend one of theirs, like supper club, late night DJs, and Sunday jazz.

Book a table here.

Climpson and Sons

Climpson and Sons roast their own coffee in-house, and are constantly on the lookout for the best flavours and techniques. They take their work seriously, with an ethos towards sustainability and ethical sourcing, and also run workshops and courses to help others brew their own perfect cup of joe.

Find out more here. 

 

Period homes will always be a strong contender in the property market, with Victorian houses among the most popular. Period homes are a timeless classic that never go out of fashion, so if you’re considering a move in 2018, take a look at some of our historical houses for sale:

Alwyne Road, N1

This five bedroom Victorian home is in a highly sought after area of Canonbury, with the New River to the back of the property. The house offers fabulous social space with a magnificent reception room and a large garden, landscaped by the award winning Butter Wakefield (Chelsea Flower show exhibitor, Gold Medal and People’s Choice at RHS Chatsworth). Click here for more info.

The Clock House, EC1V

The Clock House on Brewery Square is an excellent example of mid 19th century architecture. This unique four bedroom detached house, once the offices of the Cannon Brewery, is the oldest remaining building on the site, dating back to 1874. The property is stunning internally, with a perfect combination of original period features and contemporary high specification design. Click here for more info.

Cassland Road, E9 

Close to Victoria Park village (and the park itself) is this stunning five bedroom Victorian house on Cassland Road. The property has still retained a lot of its original features; such as wooden window shutters, wood floors, marble open-fireplaces and high ceilings, as well as a wealth of entertaining space – including a conservatory and a fabulous garden to the rear. Click here for more info.

Hemingford Road, N1

This charming four bedroom, Victorian Grade II listed house has been modernised to a very high standard, and now serves as a perfect family home with great entertaining space. Hemingford Road is within the highly sought after Barnsbury location within Islington. Upper Street is a short walk away, as well as Angel, Highbury & Islington and Caledonian Road stations, offering fast access to the rest of the city. Click here for more info.

De Beauvoir Square, N1

This impressive Grade II listed detached property overlooks a large and beautiful garden square. The house is presented in immaculate decorative condition and offers flexible living space, with up to five bedrooms and a wonderful double reception room on the raised ground floor, enjoying great light through the original Jacobean style windows. The two storey extension offers a slight detachment from the main house for work, music, play, or bedrooms. There is also a well tended mature South facing garden, with established fruit trees. Click here for more info.

Gerrard Road, N1

This spacious Grade II listed family home is set within a highly sought after conservation area of Islington, and provides flexible accommodation over five storeys, with five bedrooms and three bathrooms. The top floor modern addition provides a master bedroom with doors out to a private south facing roof terrace. Click here for more info.

Northchurch Road, N1

This impressive five bedroom, three bathroom end of terrace family home is complete with original period features, utility room, conservatory, and a substantial private garden with side access. Northchurch Road is in close proximity to Angel and the shops, bars, and restaurants of Essex street and central Islington. Click here for more info.

Still sticking to your New Year’s resolution of eating clean/losing weight? Going out to eat doesn’t have to be a way of spoiling the diet or a grueling trial of resisting temptation – these restaurants in east London have the ticket for sticking to your plans without having to compromise on taste:

The Gate, Islington

Just a five minute walk down the street from Angel tube station is The Gate, a vegan and vegetarian restaurant specialising in inventive, healthy dishes. The Gate is now widely recognised as the best vegan & vegetarian restaurant in London.

Book a table here.

Redemption, Shoreditch 

Dubbed “London’s healthiest restaurant”, and with the motto ‘spoil yourself without spoiling yourself’, Redemption bar serves vegan, sugar-free, and wheat-free food with an alcohol-free bar. The business is also run by two strong female entrepreneurs: Catherine Salway and Andrea Waters, who “try to delight even the most sceptical meat lovers and challenge the convention that healthy food is boring or lacking finesse.”

Book a table here.

Beany Green, Liverpool Street 

In ‘Broadgate Circle’ next to Liverpool Street station, Beany Green is an “inner city oasis with an upbeat Aussie vibe” which opens at 6am on weekdays and stays open til late. Serving a range of healthy breakfasts and lunches, coffee, and fresh juices/smoothies, Beany Green is also available for private hire in the evenings.

Book a table here.

Clerkenwell Grind, Clerkenwell 

Clerkenwell Grind is an all day cafe and restaurant, with a downstairs Club Bar that stays open until 2am. Their menu has a little bit of everything – breakfast, brunch, and all day meals, including some scrumptious salads with plenty of flavours to keep you on the healthy eating streak.

Book a table here.

Andina, Shoreditch

Andina is a modern ‘picanteria’: an all-day restaurant serving healthy food and drinks from the Peruvian Andes. Their food is a perfect fusion of South American flavour and British styles, filled with superfoods like quinoa, kale, and chia seeds to give it that healthy boost.

Book a table here.

Granger and Co, Clerkenwell

Another Australian-inspired restaurant, Granger and Co describe themselves as “sunny, easy-going and generous”. Just opposite Clerkenwell Green, the restaurant has a beautiful view of this well preserved green space. Serving breakfast, lunch, and dinner, Granger and Co’s menus are packed with healthy but substantial recipes, including grains, a selection of fish dishes, barbecue meats, and healthy drinks.

Book a table here.

Blixen, Spitalfields Market 

In a converted bank near Old Spitalfields Market is Blixen, which has been designed to look like the grand cafes of Europe with a plant filled conservatory, beautifully decorated event space, and private dining areas. The menu also takes inspiration from traditionally European dishes, with a selection of small plates and salads, as well as juices and their ‘house soda’ (grapefruit and coriander).

Book a table here.

Now that 2018 is upon us, it’s time for a fresh start. Our new homes department has been instructed on some stunning new developments – so if you fancy a change this year, these properties might just do the trick. Take a look at our pick of some of our top developments for 2018:

Blaker Island, E15

This fabulous development comprises a mixture of two and three bedroom apartments and three bedroom houses with private waterside gardens. The properties are all designed to the rigorous Passivhaus Certification scheme and will have exceedingly low annual energy bills.

Blaker Island is located on the old City Mills Lock in Stratford, just off the new Queen Elizabeth Olympic Park, and is conveniently located for public transport with Stratford, Bromley-by-Bow and Pudding Mill Lane DLR stations all less than a ten minute walk away. Find out more here. 

The Stack, E9

The Stack is an intelligently designed collection of twenty four 1, 2 and 3 bed contemporary apartments, each one built to a high specification and with a private balcony. There is also a communal roof terrace plus an on-site café for residents to enjoy.

Just a three minute walk from Homerton Station, the development is ideally located for commuting to London and is close to the independent shops, bars, and popular Sunday market on Chatsworth Road. Find out more here. 

Arklow Road, SE14

Originally a 1920’s brick industrial building, Arklow Road has been redeveloped to provide a mixture of one and two bedroom homes across six storeys. Each apartment is built to Pocket Livings award-winning design specification, and is available to purchase with Help to Buy.

The development is also just a ten minute walk from both New Cross and Deptford stations, offering great transport links into central London. Find out more here.

The Claremont, N1

The Claremont is a boutique development in central Islington comprising a mixture of one, two and three bed apartments build with designer interiors that feature cutting edge technology.

With Angel tube station just a five minute walk away, and the major transport hub of King’s Cross only ten minutes’, The Claremont is effortlessly connected to every part of the city and beyond. Find out more here. 

London Lane, E8

This stunning new development on London Lane, a sought-after road adjacent to London Fields in Hackney, offers a stylish collection of just 14 one, two, three and four bedroom homes.

All apartments at London Lane feature high-end interior specification throughout and boast ample private outside space, ideal for enjoying an alfresco drink as the sun goes down on London Fields.

Professionals working in the City can be in Liverpool Street in just 10 minutes, while the tech hub of Old Street can be reached in under 25. Find out more here.

The Fisheries, E8

Another beautifully modern development in the heart of London Fields is The Fisheries. This stylish collection of 31 one, two and three bedroom apartments is finished to a high specification with a stunning contemporary design from award winning Guy Holloway architects, and is built on the former site of fish wholesalers R. Green Fisheries.

The ground and basement floors of the development will house a cafe and vibrant co-working community of small, entrepreneurial and creative industries. Find out more here.

To register your interest in any of these properties, please contact Currell New Homes on 020 3826 4888 or email newhomes@currell.com. 

This week sees the arrival of the Night Overground – with 24hr services running all night between Dalston Junction and New Cross Gate. Here’s our pick of our top properties close to Haggerston Overground station:

1. Old Ivy House

Old Ivy House Apartments are open plan

Just a five minute walk from Haggerston Overground station on Hertford Road is Old Ivy House, a boutique development of just three apartments on the first, second, and third floors of a former pub. All apartments have a generous open-plan kitchen/reception room, and the third floor apartment also has a balcony.

2. Kings Wharf

Kings Warf Apartments boast impressive double-height windows and a large balcony

Set within a modern, loft-style development is this beautifully refurbished split-level live/work apartment. As well as overlooking the Kingsland Basin through impressive double-height windows and a large balcony, the property is also just a two minute walk from Haggerston Overground station.

3. Scriven Street

Just a four minute walk from Haggerston Overground is Scriven Street, and this contemporary collection of luxury apartments. This raised ground floor apartment offers modern living in an amazing location, close to both buzzing Dalston and leafy London Fields.

4. Malvern House

Available to purchase through Help to Buy is Malvern House, a collection of brand new apartments in London Fields. Each flat has been finished to an exceptionally high standard with bespoke Asselle kitchens with soft close doors & drawers and integrated Bosch appliances throughout. It’s also a ten minute walk from Haggerston Overground.

5. Kingsland Road

This split level one bedroom apartment is set within a period building on Kingsland Road, and has been refurbished with underfloor heating, wooden floors, built in speakers and CCTV intercom systems. It’s also just a five minute walk from Haggerston Overground and right in the heart of the shops, bars and restaurants of Kingsland Road.

6. Reliance Wharf

This three bedroom apartment is part of a gated community in the Haggerston Basin – and just a five minute walk from Haggerston Overground. Reliance Wharf is one of the more recent installation’s to Haggerston and is excellently placed among some of east London’s most popular bars, restaurants and creative spaces.

7. Haggerston Studios

Just round the corner from Haggerston Overground is this unique and spacious open plan apartment, providing easy access to Shoreditch, Hoxton, Dalston and the City.

Now December’s here, it can only mean one thing: Christmas is coming. To get your home into the festive feel and prepare it for house guests over the holiday period, we’ve put together some top tips to get your home looking merry and bright…

1. Clear out the bookshelves

A minimalist design with touches of gold and silver ornaments will add an understated yet festive atmosphere to any room. Wrap books in leftover wrapping paper to give them a bit of sparkle and then stack horizontally for full effect.

2. Don’t pin your stockings

Instead of trying to stick a drawing pin into the mantelpiece to hang your stockings, use some festive hooks to both save your furniture and create a Christmas feeling in your living room.

3. Get the greenery out

Adding touches of green and gold to your home brings a level of festive style that’s still sophisticated. Wrap lights around wreaths to get the Christmassey colour combination, as well as adding some warmth to the room.

4. Fill the air with Christmas

Scented candles can add a more cosy and inviting atmosphere if you opt for a cinnamon or gingerbread based scent, and at Christmas time they can also double as a centrepiece if adorned with a mini wreath.

5. Get crafty with your cards

Instead of just sticking your cards on the fridge, get crafty and find an interesting way to hang them. Even just pegging them to a piece of string can create a festive bunting effect that will spruce up the room and show your friends and family you appreciate their well wishes.

6. Crack out the cocoa

Everybody loves a mug of something warm around Christmas time, and a hot chocolate station is a great way to invite guests to get creative and make themselves the perfect winter treat. Add jars of mini marshmallows, cream, and powdered chocolate to offer your guests all the trimmings. Similarly, a bar cart is crucial at Christmas time to display a section of festive tipples.

7. Fill the room

In a piece for House Beautiful, Bryan Rafanelli (The White House’s Christmas Designer) advised readers to “use objects with different heights to build a sense of adventure on the tabletop. Bringing the ceiling down with snowflakes and the table up with towering candlesticks isn’t just pretty, it also supplies a feeling of intimacy, which is crucial to a successful party.” Simple designs like these oversized stars and snowflakes (which you can buy on Amazon) adds something extra to the room without being too over the top.

8. Give a warm welcome

Make a festive first impression by decorating your front door/porch. Wreaths are an obvious must, but if you have any greenery by your front door, adding lights gives an instant Christmas glow. Lanterns, tea lights, and seasonal doormats are also a great way to get your guests in the Christmas spirit before they’ve even entered your house.

9. No fire? No problem

If you don’t have a working fireplace, you can still achieve a warm Christmas glow with gold glass terrariums and tealights.

10. Dress up the sofa

Christmas is definitely the time for snuggling up on the sofa for games, Christmas films, and opening presents – so make sure your sofa is spruced up with cushions and blankets. Inject red and white tones with greys to contrast for a cosy yet understated vibe.

We are delighted to have been appointed by Barking & Dagenham Reside Regeneration LLP (Reside) as sole agent for 140 shared ownership units across four developments in the London Borough of Barking & Dagenham.

This is the first instruction of shared ownership properties for Reside, a company set up by Barking & Dagenham Council to provide good quality affordable housing for local people. To date it has delivered 690 units for affordable rent within the borough, and has a further 700+ either under construction or in the pipeline. Its remit is being extended to shared ownership homes in order to improve housing choices across the borough.

The 140 homes, which are a mix of one, two and three bedroom units, will be delivered in 2018-19 and available for shared ownership purchase by local people who either live or work in the borough, have a family or work connection with the area, or who are in a priority group as identified by the GLA. Purchasers will also need to meet the Help to Buy: Share Ownership programme and scheme-specific financial criteria.

Martin Fillery, Currell Director and Head of Shared Ownership said:

‘It is fantastic for Currell to have won the first major instruction for shared ownership homes from Reside. Barking and Dagenham is a key growth area for us, and we are looking forward to our office opening next year. The borough is also a key growth area for London, with more than 50,000 new homes and 10,000 new jobs planned for the next 20 years’.