This week’s rental highlights include an apartment in one of Islington’s most sought-after developments and a stylish industrial loft in a recently converted shoe factory in the heart of Hackney…

Islington Green, N1

This extremely well presented three bedroom apartment is located in Islington on the Green, one of Islington’s most sought-after portered developments.

The property had three good sized double bedrooms, two bathrooms and a spacious open plan reception/kitchen. There are dark wood floors and high spec fittings throughout.

Islington’s cultural highlights including the King’s Head and Almeida theatres are right on your doorstep, along with award winning restaurants, cafes and boutiques.

£810 per week

To arrange a viewing or to find out more, get in touch at 020 7288 9109 or see more about this apartment HERE

Great Sutton Street, EC1V

This modern two bedroom apartment has huge windows and high ceilings, allowing for fantastic natural light throughout.

The property comprises a separate kitchen and reception/dining room, two double bedrooms (one en-suite) and an additional shower room/toilet.

Great Sutton Street is located in the heart of Clerkenwell, a stone’s throw from some of London’s most stylish design shops, coolest bars and most talked-about eateries.

£635 a week

To arrange a viewing or to find out more, get in touch at 020 7253 2533 or see more about this property HERE

Rutland Road, E9

Located in an old school building that has recently been converted into one of Victoria Park Village’s most sought after developments, this apartment has loads of charm.

Arranged over two floors, the apartment has two large bedrooms along with an additional mezzanine room, complete with a sliding door making it well suited as either a home study or a guest bedroom. On the ground floor is a large open plan living area and family bathroom. At over 1,200 sq ft, the property is a flexible living space with abundant storage space. There is also allocated off street parking within the complex.

Available 5 March, unfurnished.

To arrange a viewing or to find out more, get in touch at 020 3222 5555 or read more about the apartment HERE

Tudor Road, E9

Located in the recently converted Shoe Factory on Tudor Road, this stylish one bedroom loft retains many industrial warehouse features such as double height ceilings, huge windows and exposed brickwork.

The apartment has been refurbished to a high standard with high spec fittings though out including a fashionable Burlington bathroom.

Tudor Road is located a few minutes walk from London Fields with its trendy co-working spaces, famous coffee spots and lively bars. Broadway Market is only a few minutes further with its award winning boutiques, book shops and fantastic restaurants.

To arrange a viewing or to find out more, get in touch at 020 3222 5555 or read more about this loft HERE

See more rental opportunities on out website HERE or check back next week for another round up 

 

This week’s beautiful properties include an unusual duplex apartment in a converted school, and two very stylish new build developments in Hackney. Read on to find out more about these properties and others…

The oTTo, E5

The oTTo is a brand new development of stylish apartments on Hackney Downs.

The one, two and three bedroom apartments are adjacent to protected open green spaces and offer some of East London’s most spectacular views. Designed by Hawkins Brown Architects, the facade takes inspiration from the neighbouring architecture and the interiors are modern and refined. Every apartment benefits from a private balcony or terrace.

There is also a south-facing fourth floor roof garden and a wellness room on each pavillion.

Help to Buy is available on several properties within the development.

£490,000 – £1,050,000

To arrange a viewing or to find out more get in touch at 020 7226 6611 or see more about this property and download a brochure HERE

Driffield Road, E3

This three bedroom Victorian house was renovated in 2011 and is located in the Driffield Road Conservation Area. The thoughtful renovation combines modern style with many of the house’s original period features.

Arranged over three stories, the house was shortlisted for the 2018 Houzz/Evening Standard home design awards for its tranquil layout, creating the feeling of different spaces across the separate floors, making this the ideal home for relaxing and for entertaining. There is also a beautiful roof terrace in addition to a characterful rear garden.

Well positioned windows and skylights make for fantastic natural light throughout the property.

£1,250,000

To arrange a viewing or to find out more please get in touch at 020 3222 5555 or see more about this property HERE

Clerkenwell Road, EC1M

This beautifully presented one bedroom apartment features an east facing balcony and high specification integrated appliances.

The spacious double bedroom benefits from a fitted wardrobe and there is additional built in storage in the hall.

The apartment is located on the fifth floor, offering peace and quiet with Farringdon and Barbican both a short walk away.

£650,000

To arrange a viewing or to find out more get in touch at 020 7253 2533 or see more about this apartment HERE

Old Smokehouse, E3

Old Smokehouse is a boutique development of two and three bedroom apartments in the heart of Hackney Wick.

Within close reach of both Victoria Park and the fantastic leisure facilities of the Queen Elizabeth Olympic Park, the development also benefits from a residents gym, concierge and several roof gardens.

Help to Buy available

£599,950 – £665,00

To find out more or to register your interest, get in touch at 020 7226 6611 or find out more about these properties and download a brochure HERE

Ecclesbourne Apartments, N1

This stunning two double bedroom apartment is set over two floors. This unique property is located in a converted school just off Essex Road.

The property has vaulted ceilings and amazing natural light, with an open plan living room that makes for a great entertaining space.

There are convenient transport links nearby at Essex Road and great local shops, restaurants and cafes can be found a short walk away on Upper Street or in picturesque De Beauvoir Village.

£650,000

To arrange a viewing or to find out more get in touch at 020 7226 4200 or see more about this property HERE

See more stunning properties for sale HERE or check back next week for another round up of specially selected properties

This week we have some really one of a kind properties, including a stunning period conversion penthouse in Clerkenwell and the former home of the City Mills Lock Keeper, a real piece of East London history…

St Johns Street, EC1V

This spacious split level one bedroom penthouse is currently available for buy to let purchasers to view. The property is a very high specification period conversion with floor to ceiling windows, dark wood flooring throughout and a large wrap around terrace.

The well proportioned bedroom has a modern en-suite and the property benefits from fantastic views over many of London’s iconic landmarks.

£850,000

To arrange a viewing or to find out more, please get in touch at 020 7253 2533 or read more about this property HERE

Balcorne Street, E9

This beautiful two bedroom house is located in a quiet residential street close to the sought after Victoria Park Village and a few minutes walk from Green Flag Award winning Victoria Park.

The ground floor offers a large reception and full width kitchen leading to the well maintained rear garden. There are skylights and bifold doors to the rear of the property for great natural light throughout.

£875,000

To arrange to view or to find out more about this property, get in touch at 020 3222 5555 or see more about this property HERE

Blaker Island, E15

A truly one of a kind property, this house was home to the City Mills Lock keeper for over 100 years. It has now been restored to a high specifications with the environment in mind. All fixtures and fittings are AAA rated and the house is ecologically certified with all natural internal materials.

The property has great natural light throughout and views overlooking the water. There is an open plan living/dining room and a separate kitchen, master bedroom with modern en-suite and two further well proportioned bedrooms. There is also a small private garden to the rear of the property, accessible directly from the living room.

£755,000

To arrange a viewing or to find out more about this property, please get in touch at 020 7226 6611 or read more about this property HERE

Check back in the new year for more amazing properties for sale. In the meantime, you can see more beautiful houses and apartments on our website HERE

Welcome to our weekly round up highlighting some of our great rental opportunities. Whether you’re looking for a warehouse conversion in Dalston, a maisonette in London Fields, or an apartment in Islington, have a look at these great properties, this week featuring two pub conversions. And come back next week for more featured lettings.

Tyssen Street, E8

This very cool split level two bedroom apartment is in an early 20th Century building (dating from 1902). The apartment is a converted live/work unit with loads of natural light, exposed brickwork and wooden floors. It’s also in a great location, just moments walk from Dalston Junction station and close to great restaurants, cafes, shops and galleries.

Find out more HERE 

Parkholme Road, E8

This two bedroom maisonette located between Dalston and London Fields has a large reception room and a garden (with a shed) along with two good sized double bedrooms and a modern bathroom. It is located on a quiet residential street but moments walk from the great boutique shops and vibrant bars and restaurants of both Dalston and Hackney.

Find out more HERE

Liverpool Road, N1

This bright and modern one bedroom apartment is on the ground floor of a secure development in Islington. It features a spacious open plan living room and kitchen space, a luxury bathroom and plenty of built in storeage. The apartment is really bright and light throughout. Upper Street, Islington and Angel are all within easy reach, making the apartment ideally located for great shopping and restaurants locally and easy transport links across London.

Find out more HERE

Roman Way, N7

This one double bedroom flat is above a former pub very close to Caledonian Road & Barnsbury station. There is a spacious double bedroom, a living/dining area and a fully equipped kitchen.

Find out more HERE

Balcorne Street, E9

This one bedroom apartment in the second pub conversion on this week’s list is just off Lauriston Road, moments away from the beautiful Victoria Park and the great cafes, pubs and restaurants of Victoria Park Village. The apartment has an open plan living room/kitchen space and also benefits from a large communal garden.

Find out more HERE

Nothing suitable here? Have a look at lots more great lettings HERE

Warehouse conversions have become one of the hottest trends in property, especially in east London. What originally started out as a cheap and spacious place for artists to live in New York City has now become a high value, quality investment, with many warehouses being sold for millions. Here are some of our top warehouse conversions…

The Tapestry Building, EC2M

Ideally located just a stone’s throw from Liverpool Street station is The Tapestry Building. Built in the 18th century by the East India Company, the building has now been converted into 14 stylish homes. This beautiful two bedroom apartment is on the third floor, with a bright and spacious dual aspect living and dining room, and a fabulously modern kitchen.

Find out more here.

Kingsland Road, E8

Quebec Wharf, a former Victorian spice warehouse, has been beautifully converted to provide spacious, chic apartments. This one bedroom property stays true to its roots, with original features such as exposed brick walls and steel pillars.

Find out more here.

King Edward’s Road, E9

One of Hackney’s most sought-after warehouse conversions, Five King Edward’s Road was formerly a 1920s clothing factory and is now home to 89 beautiful apartments with a diverse group of residents. This two bedroom penthouse offers double height ceilings, a beautiful open mezzanine level, and floor to ceiling windows letting in incredible light.

Find out more here.

Northburgh Street, EC1V

Set within a former printworks is this sleek two bedroom apartment, in the heart of the City – just around the corner from Barbican station. Arranged over 967 sq ft, it’s flooded with natural light, high ceilings and dual aspect windows.

Find out more here.

Saint John Street, EC1V

This fantastic one bedroom loft apartment is available to rent in Clerkenwell. Originally a part of the Vogue Pattern building, and then the old Ingersoll factory, the apartment has been designed to retain as many of the original industrial features as possible. The property offers over 1,000 sq ft of space and benefits from a communal roof terrace with panoramic views over London.

Find out more here.

Pentonville Road, N1

Just a short stroll from King’s Cross is this fantastic warehouse conversion on Pentonville Road. This one bedroom apartment enjoys high ceilings and a decked mezzanine level, allowing for flexible living. The property also retains a lot of original period features, such as the large industrial windows allowing for plenty of light.

Find out more here.

Annette Road, N7

Just off the vibrant Holloway Road is this beautifully modern warehouse conversion, with a spacious open-plan kitchen and reception room, two bedrooms, two bathrooms, and a private patio – perfect for entertaining.

Find out more here.

 

Last weekend saw the successful launch of Bagel Factory and Old Smokehouse at the dedicated marketing suite in Hackney Wick.

There was a really strong turnout with 120 people in attendance, and lots of interest in this exciting new development.

Hackney Wick and Fish Island are set to undergo extensive regeneration, building a creative hub that has been dubbed “the new Shoreditch” – and a perfect investment opportunity. The V&A, London College of Fashion and Sadler’s Wells Theatre are all opening in the Olympic Park, as well as a major development which will include new homes, schools and The International Quarter business centre.

All this change will generate over 50,000 jobs for the area and see The London Legacy Development Corporation establish one of the largest new urban spaces in Europe for over 150 years.

You can find out more about the developments and check out a virtual tour here.

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.

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. 

 

Getting on the property ladder is tough. For buyers in London you are paying rent and saving for a deposit, and it can feel like an uphill struggle at times.

There are however certain schemes available to first time buyers, which we’ve outlined below:

Help to Buy ISA

This product is available from a range of banks, building societies and credit unions.  You save money into a Help to Buy ISA and the government will boost your savings by 25%.  So, for every £200 you save, you receive £50 in a government bonus.  The maximum government bonus you can receive is £3000.  The accounts are available to each first-time buyer and not each household.  This means a couple could get £6000 towards their first home.  Your solicitor will apply for the government bonus on your behalf and use the funds at the completion of the property transaction.  You cannot use the funds for the deposit at exchange of contracts. Further details here.

Shared Ownership

If you cannot afford the mortgage on 100% of a home, you can buy a percentage of one (normally 25-75%) and rent the part you don’t own.  As and when your income allows you can purchase more shares in the property (there are costs involved with this and you purchase at the current market value).  To be eligible your household needs to earn £80000 or less outside of London and £90000 or less in London. Further details here.

Help to Buy Equity Loan

Under this scheme the buyer needs a 5% deposit, the government offers a 20% interest free loan (first five years only) and the remaining 75% is funded by a standard mortgage.  Be aware though that from year 6 interest becomes payable on the 20% and starts at 1.75%.  Every year after it increases by RPI (Retail Price Index) plus 1%. This scheme is available for all new-build properties in England worth up to £600,000.  Further details here.

Help to Buy London

In an extension to the above scheme, the London Help to Buy was launched on 1st February 2016.  Specifically to help buyers in London, the amount will grant an equity loan of up to 40% of the purchase price. Buyers can proceed with a deposit as little as 5%. Subject to qualifying you would need a mortgage on the remaining 55%.  You won’t be charged any fees on the 40% for the first 5 years of owning your property.  You cannot sublet this home and you are not allowed to own any other property at the time you buy your new home with Help to Buy London.  From year 6 interest becomes payable on the equity loan and follows the formula in the Help to Buy Equity Loan scheme above. Further details here.

Starter Homes

If you are a first-time buyer (under 40 years old) the Starter Homes scheme could help you buy a new-build home with a 20% discount.  The maximum cost of a home offered via the Starter Homes scheme will be £250,000 outside London and £450,000 inside London.  The scheme isn’t up and running yet but planning is well underway.  Aspiring homeowners can register their interest online now here.

We are selling 11 apartments in the St Paul’s Square development in Bow, E3. With prices for one bedroom apartments starting at £440,000, and £525,000 for two bedroom units at £525,000, all apartments are available through Help to Buy.

All apartments are built to a high specification and benefit from private outside space. The development is beautifully designed with modern city living in mind, and is surrounded by landscaped gardens. These apartments offer an excellent opportunity to live in a well-connected location near to both the City and Canary Wharf, at attractive price levels.

The development is conveniently located for public transport with Mile End station and Devons Road DLR within walking distance giving easy access to Central London, Canary Wharf and the West End.

For more information about the development please contact a member of the new homes team by email or phone: newhomes@currell.com or 020 3826 4888, or arrange a viewing on our website here.