Neighbourhood Watch: Islington, London

Neighbourhood Watch: Islington, London

Islington One of London’s trendiest and most electric areas, Islington defines posh meets street as the hub of independent theatres, clubs and boutiques. Retail From the chic Upper Street to the down-to-earth Caledonian Road and Chapel Street, Islington is undeniably the arts corner of North London. Additionally, Islington Square is a major shopping hub for

Neighbourhood Watch: Islington, London

Islington

Islington Area.

One of London’s trendiest and most electric areas, Islington defines posh meets street as the hub of independent theatres, clubs and boutiques.

Retail

Islington Square.

From the chic Upper Street to the down-to-earth Caledonian Road and Chapel Street, Islington is undeniably the arts corner of North London. Additionally, Islington Square is a major shopping hub for the area, comprising a collection of mixed size retail units with double height ceiling included.

Exmouth Market.

Boasting a strong sense of community, Exmouth Market, offers fantastic local shopping emphasising quality, speciality and variety. Offering primarily food stalls, Exmouth Market is home to local and specialist farmers to small region continental delicacies.

Education

City University.

The main campus for four universities including City University, a world class higher education institution, Islington is a popular student area with fast and efficient transport links to central London via Highbury & Islington Station an Angel Tube Station.

Culture

The Screen on the Green.

Famed for its off the beaten path culture, Islington’s culture appetite is anything but mainstream.

Islington’s Screen on the Green famous for hosting the legendary 1976 gig featuring The Buzzcocks, The Clash and the Sex Pistols is a fantastic cinema mixing Hollywood with home comforts. The single screen Edwardian cinema boasts an in-cinema bar serving food and drinks and your choice of comfy cinema seats or double couches.

The Almeida Theatre, Islington.

A supporter of new talent and a driving force in off-West End, The Almeida Theatre is a 325-seat theatre producing a diverse range of British and international drama with some of the world’s best artists. Supported using public money by Arts Council England, the theatre fundraises £1.3 million annually which, combined with ticket sales, contributes to its £4.2 million turnover.

Sadler’s Wells.

On the other side of the spectrum, Sadler’s Wells is the world’s number one venue dedicated to delivered the gold standard of UK and international dance. From circus to flamenco, Sadlers Well has something for everyone.

Cuisine

The Albion.

Islington mixes historical heritage with contemporary facilities from culture to eateries. Remaining form the Georgian era, The Albion, is an elegant and tranquil pub offering a country atmosphere. Serving traditional British food and broadcasting sporting events, the beer gardens complete with a flower bed of roses, is a popular choice for many a Londoner looking to relax.

Radici.

Boasting a diverse community demand, Radici celebrates the heritage of acclaimed chef Francesco Mazzei’s Calabrian and Southern Italian roots. Top choices on the menu range from a wood-fired oven cooked pizza to delicious cocktails concocted by drinks maestro Simone Caporale.

Regeneration

Andover Estate.

Following World War II, a number of Islington’s suffered considerable damage. To restore the area to its former glory, Islington Council spent several years regenerating Annover Estate and Marquess Estate.

Islington Architects worked with the local community to provide simplified pedestrian routes with clearly defined semi-private and public areas, by installing fob access gates for residents, and improving sightlines, lighting, and paving materials. The new features stretch to semi-native plantings in the courtyards, and a new central square.

Final Note

A magnet for innovation and famed for its eclectic neighbourhood, Islington is loved by students, young professionals and businesses for its tranquil atmosphere and thriving community spirit.

Ready to see London properties? Email us at info@tarquinjones.com for more details.

 

 

info@tarquinjones.comNeighbourhood Watch: Islington, London
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All Hail Battersea

All Hail Battersea

Battersea, London London is no stranger to regeneration. Some of the trendiest areas in London are a product of redevelopment. Hackney was once the poster district for London’s crime and today the regenerated factors is now a beacon of creativity and very much a tourist attraction for oversea visitors. Likewise, Streatham, a significantly wealthy area

All Hail Battersea

Battersea, London

London is no stranger to regeneration. Some of the trendiest areas in London are a product of redevelopment. Hackney was once the poster district for London’s crime and today the regenerated factors is now a beacon of creativity and very much a tourist attraction for oversea visitors. Likewise, Streatham, a significantly wealthy area in the 1920s, when left to its own devices has lost this reputation.

The Millionaire Millennial

As millennials begin their journey into investment, the desire to follow in the property footsteps of their parents has dwindled. Instead of desiring luxury areas such as Knightsbridge, the investors of today are favouring the electric atmosphere of Battersea, Peckham and Brixton.

Theatreland 2.0

Today a prime location for London’s regeneration scheme is none other than Battersea. At one point, the South West London area was famous for the industrial slums by Clapham Junction and the housing estate which garage musical collective, So Solid Crew were founded on.  In a bid to compete with their traditionally luxurious counterparts such as South Kensington, the Borough of Wandsworth has invested in the future of the borough to benefit from London’s reputation of a thriving cultural scene, most dominantly, theatre.

Situated beside Battersea Powerhouse, the 200-seat Turbine Theatre, opening in August 2019 is expected to be a celebration of new writing led by Artistic Director, Paul Taylor-Mills.

“I’m elated to be launching a brand-new theatre at the iconic Battersea Power Station. The vision is a simple one, to enable world class artists to tell stories that enchant at the Turbine Theatre and eventually play beyond our London home. We’re interested in being the starting point for new shows and also reimagining the older ones. It has been a lifetime dream of mine to have a home for my ideas that feels authentically ‘me’”.

A Battersea of the future

Battersea Power Station

Once an industrial powerhouse, Battersea Power Station is an iconic member of London’s skyline featured in films including Children of Men, The Dark Knight. Since being decommissioned in 1983, many developers have placed bids to breath new life into the iconic landmark with proposals including a theme park and football stadium.

In 2012, S P Setia Berhad, Sime Darby, and Employees Provident Fund agreed to acquire and develop the historic site into London’s newest neighbourhood. The first phase, Circus West Village featuring apartments, shops, cafes and restaurants opened in Spring 2017.

The next phase includes the highly awaited opening of Battersea Power Station itself and the Northern Line extension, both anticipated to be ready in 2021. Additionally, the Power Station will see a new high street, Electric Boulevard, which will include shops, cafes, restaurants and approximately 539 homes including luxury penthouses.

The £9 billion 42-acre development, is set to comprise three floors of shops, bars and restaurants, including an entire floor dedicated to food. There will also be a boutique cinema, a 1,500-capacity event space, 450 metres of riverside frontage and a six-acre power station park beside the Thames.

Taking full advantage of the growing tech sector, the power station will be a business hub featuring 1.25 million sq. ft. office space. 500,000 sq. ft. of has been secured by The Apple Group for its new London Campus while No 18, a Swedish business members club, is leasing 40,000 sq. ft.

Final Note

London will continue to be beacon of economy, culture and education, so London will continue to be a hotspot of investment.

Philip Mason, international sales director at Battersea Power Station Development Company, said at a recent media briefing for Phase 3A: “Besides the iconic building, there is always a reason for everyone to come here. The Northern Line Extension (Battersea Power Station) will be a boon to attract more investors and visitors, giving accessibility to the two hubs of the city – the financial and cultural districts.”

“London is never going to be cheap. Those who wanted to invest, better do it now. A lot of people from overseas have already started investing in London,” Mason added.

info@tarquinjones.comAll Hail Battersea
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London Property Investment

London Property Investment

Despite the impending presence of Brexit, London stands tall as a property investment icon, Boasting world-class theatre, state-of-the-art education and a £565 billion economy. A melting pot of culture The capital is the largest city in both the UK and European Union with an estimated 8.8 million population. Covering 607.12 sq. miles, equalling to 22,250

London Property Investment

Despite the impending presence of Brexit, London stands tall as a property investment icon, Boasting world-class theatre, state-of-the-art education and a £565 billion economy.

A melting pot of culture

The capital is the largest city in both the UK and European Union with an estimated 8.8 million population. Covering 607.12 sq. miles, equalling to 22,250 residents per square mile, London continues to be in high demand for property. Offering an array of industries from retail to fashion, London is considered one of the most diverse cities in the world for ethnicity and religious beliefs.

Christian 48.4%
Muslim 12.39%
Hindu 5%
Jewish 1.82%
Sikh 1.5%
Buddhist 1%
Other 0.6%
No Religion 20.73%

 

Of the 8.8 million people living in London, 37% were born outside of the UK; two thirds from outside of the European Union. According to the 2011 Census, 262,247 people living in London were born in India. As more opportunities are conceived in London the numbers are predicted to grow to up to 10.5 million by 2035.

YEAR POPULATION GROWTH RATE
2035 10,556, 486 0.63%
2030 10,228,051 0.78%
2025 9,840,742 1.13%
2020 9,304,016 1.39%
2019 9,176,530 1.45%
2015 8,661,381 1.49%
2010 8,044,433 1.41%
2005 7,501,217 0.62%
2000 7,272,819 0.68%
1995 7,029,508 0.68%
1990 6,794,400 0.16%

 

An American in London

The rise of the tech sector in London, most predominately Silicon Valley Tech Giants, have boosted London’s property market. US property investors are soaring through Marylebone, Mayfair, and Chelsea. Accounting for 6% of all sales by foreign buyers in London, second only to Chinese buyers, President Trump’s relaxation of tax laws governing repatriation of money held over-shore which has freed hundreds of billions of dollars for investment in blue chip assets.

Saudi Arabia £13.4 million
Turkey £10.8 million
Germany £9.8 million
Russia £9.1 million
USA £7.3 million

 

Property developer, Knight Frank established that Americans have paid an average of £7.3 million for Central London homes this year in Marylebone. Liam Bailey of Knight Frank claims “the pound’s weakness against the dollar since the Brexit referendum combined with weaker underlying prices had made London more affordable, but the huge sums being ploughed into the tech giants and hedge funds are the driving factor.

There has been a significant uptick in demand for prime property from relocating US employees, entrepreneurs, and business owners. Among the market leaders are Google’s £1 billion European headquarters in King Cross, Facebook’s engineering hub at Rathbone Place and Amazon UK’s headquarters in Shoreditch.

The new face of the tech sector

The past decade has seen London evolve into the tech hub of Europe, with a new generation of leaders. The millennials leading the tech sector demand action on major issues including climate change, mental illness and work life balance. Commercial property is seeing their influence and meeting their perquisites via ping pong tables, remote working capabilities and multipurpose spaces.

The tech sector is expected to be the leading industry in London in the next ten years. Currently, Canary Wharf hosts more than 35,000 tech workers. In preparation for the upcoming economic changes, property developers are already preparing to accommodate this.

Image: CanaryWharfGroup

Wood Wharf is set to become the districts largest regeneration development. A major requirement for this generation of leaders is access to outside space and the latest 5G networks. A £5m sq. ft project with more than £2m sq. ft of commercial leasing, distinctive workplaces, and interconnected public space is being built to meet the demands of the tech-heavy tenant.

Hotspot Neighbourhoods

London attracts all sorts of people for its variety of experiences. In 2019, the most in-demand region is East London. London has always been notorious from its innovative creative scene, and with more independent galleries, creative start-ups, young professionals and couples are heading to the regeneration sector of East London.

Generation DINKY

ONS figures showed that in 2017 the proportion of women never having children has doubled in a generation. A Savills study reported that the DINK generation (Dual Income No Kids), possessing a combined income of £80,000 where the older partner is 26-35 are heading towards South and South East London including prime riverfront addresses from London Bridge, Bermondsey and East Putney,

“There is definitely the attraction of water at play,” says Lucian Cook, head of residential research at Savills and author of the report. “They are going to be slightly less concerned about family things,” he says. “It’s all about leisure and amenity.”

London of the Future

As the capital city, London is continuously subjected to regeneration to continue its position as an economic powerhouse of Europe.

Tulip Tower

The 1000ft proposed Tulip Tower is intended to reside by the Gherkin, making the skyscraper the second tallest structure in Western Europe, featuring a viewing platform with rotating pods. The Tulip will include a restaurant and sky bar in addition to a floor for educational purposes during school hours.

Infinity Pool

Designers Compass Pools, are proposing a ‘world’s first’ transparent infinity pool on top of a 55-storey building providing 360-degree views of London. To not jeopardize the view, a spiral staircase will rotate and rise through the 600,000-litre pool to provide access.

Hackney Wick

Since the construction of Queen Elizabeth Olympic Park, investors and developers alike, have seen potential in the east London area. Once industrial buildings are being converted into luxury apartments and residential sites such as The Bagel Factory are are drawing in many young professionals for the supply of an alternative social scene.

North Bank

To contest with the South Bank, Westminster Council will fund a £28 million scheme to redevelop the North Bank. Home to Somerset House and The Savoy Hotel, the North Bank will replace Aldwych gyratory system with a two-way road and a new plaza is to be installed by St Mary le strand church. Additionally, the Strand from Aldwych to Melbourne Place to the east will be pedestrianised and lined with cherry trees. The riverbank will be opened up to become a cultural quarter lined with restaurants, bars and a retail to compete the Southbank.

Elizabeth Line

The Elizabeth Line is Transport for London’s new rail line, currently being built by Crossrail Ltd, is expected to service approximately 200 million people every year. Stretching more than 60 miles from Reading to Shenfield, the Elizabeth Line stops at 41 stations, 10 new newly build stations and 30 newly upgraded.

Final Note

As the capital, London is the first stop for regeneration, historical value, education, culture, as evident by its 8.8 million population. Despite Brexit, as long as London continues to be a global phenomenon, it is a formidable location for student, commercial and residential property investment.

Ready to see London properties? Email us at info@tarquinjones.com for more details.

 

info@tarquinjones.comLondon Property Investment
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Neighbourhood Watch: Shoreditch

Neighbourhood Watch: Shoreditch

Shoreditch, London Away from the hustle and bustle of London’s infamous Oxford Circus, lives Shoreditch, the home of hipsters embodying everything East London hold dear. The quirky neighbourhood’s gentrification has seen a rise in generation rent craving the E1 postcode. Culture In the heart of London’s creative scene, Shoreditch is thriving with creativity from Geffrye

Neighbourhood Watch: Shoreditch

Shoreditch, London

Away from the hustle and bustle of London’s infamous Oxford Circus, lives Shoreditch, the home of hipsters embodying everything East London hold dear. The quirky neighbourhood’s gentrification has seen a rise in generation rent craving the E1 postcode.

Culture

Mr Cenz and Lovepusher

In the heart of London’s creative scene, Shoreditch is thriving with creativity from Geffrye Museum, street performers and the innovative displays of street art. In Shoreditch’s centre is Rich Mix the independent creative arts venue featuring a bar, cinema and fusion restaurant. Around the corner, Shoreditch Town Hall is the theatrical hub for E1, where musicians including Lea Michele have performed.

Nightlife

The Electric Cinema

As chaotic as Shoreditch is by day, it’s twice as exciting at night. In the summer, rooftop bars including Queen of Hoxton’s are a favourite venue, while BoxPark is enjoyed for its heated outside garden spaces in the winter months. Hotels including The Ace Hotel and The Curtain are a favourite for their vibrant night scene alongside nightclub Electric Ballroom.

Food

Street food reigns supreme in the district, with BoxPark in centre stage. Celebrating Indian, Caribbean and Mexican cuisines among more, and a variety of independent bars, restaurant and coffee shops, Shoreditch caters to the residents with amenities beloved by the local community.

Retail

Right next to Shoreditch High Street Station, Brick Lane Market, is an electric artistic hub, celebrating the 50s, 60s, 70s and 80s alongside independent food stalls selling vegan, vegetarian and gluten-free desserts and drinks.

Start-up Hub

Lyst Shoreditch Office

London remains a hotspot for businesses, and Shoreditch continues to be a beacon for creative start-ups including SuperCarers, JukeDeck, Settled, Winnow, Lyst, TransferWise and Beamery.

A Final Note

As more of the UK, are embracing the creativity of London, combined with underground, rail and bus transport links to central London, alongside National Express, Shoreditch continues to be a hotspot for generation rent.

Ready to see London properties? Email us at info@tarquinjones.com for more details.

 

 

 

 

 

 

 

info@tarquinjones.comNeighbourhood Watch: Shoreditch
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