My Clerkenwell Property Updates and News | EC1 Flats Apartments and Property

An exceptional, bright and spacious authentic lateral loft apartment in this most sought after building on St John Street which forms part of the original Brewery building. The accommodation comprises dual aspect reception room with kitchen area, two bedrooms, two bathrooms and an outstanding roof terrace. Located on St John Street close to the junction of Clerkenwell Road flats for sale , within a short walk of both Farringdon and Barbican Underground Stations, a highly recommended apartment.

8 Eagle Court is a bespoke conversion of just seven apartments from an existing office building located just around the corner from Farringdon Station. Behind a secure gated entrance, a landscaped courtyard with water feature, substantial planting and CCTV leads you to a second secure door, entrance foyer and lift to the apartments.

Facing over Eagle Court and located on the first floor of the development are the two studio suites. A ‘functional’ wall shields the sleeping areas from the kitchen and living zones. These quiet apartments are ideally suited to those looking for a pied a terre, first time purchase or rental investment.flats for sale in clerkenwell

8 Eagle Court, Clerkenwell, London, EC1M 5QD History of Eagle Court

Formerly known as Vinegar Yard, Eagle Court was infamous for the site of “The Bailiff of Eagle House” which was demolished in the 1640’s. Re-development began between 1680 and 1720 when there was a migration of wealthy residents which came from the West End of London employing the builder Richard Frith, best known for his work in Soho. This period of re-develop saw the area become a centre of printing, brewing, jewellery and Clock making for which its location was ideal, being so close to The City.

In 1874 Edward Robert Robson was appointed as the Chief Architect for the new London School Board and was commissioned to design the Eagle Court School, which is now a Grade II listed building. Work is currently underway to further re-development this building to a centre for the jewellery, silversmithing and allied trades and will be open to the general public as a unique space offering workshops, fully equipped training areas, conference and exhibition space.

A wonderful opportunity to create possibly the most outstanding house in Clerkenwell,
formerly an 18th Century Stable in what is believed to be the site of the Stables in Red Lion
Yard which dates to 1725. The building is currently in office use and has been extensively
refurbished but now has the benefit of planning to create a single residential dwelling of

8,432 Sq ft – 783 Sq m. The accommodation is arranged over four floors with a two storey
central atrium and elevator which services all floors. Warner Yard is a quiet cul de sac which
runs off Warner Street enjoying the benefits of both Clerkenwell and Bloomsbury and is
within easy access to Farringdon and Chancery Lane Underground Stations. The House is
on the market for £4,500,000.

In the first half of 2011 the Midtown, City and Docklands residential markets saw a return to price growth in the sales market, but in the rental market there were nuances in performance by location and unit size, with evidence of flat or falling rents as well as rental growth. The performance of the sales market was far better than was expected at the end of 2010.

In the sales market, confidence was boosted by the outstanding performance of the New Homes market, where units were sold off-plan and during construction to both overseas and UK-based buyers at premium prices. This price performance trickled down to the re-sale market, where prices also increased. Overall, across Midtown, City and Docklands, residential prices increased by 6.5%. In nominal terms, the increase in the first half of 2011 took prices in both Midtown and the City above the levels achieved at the previous market peak in September 2007. Docklands prices also grew, but at
June 2011 were still 7% adrift of peak levels.

The rental market was more subdued in the first half of 2011. Many tenants extended their leases at the end of tenancies, while some others managed to make the switch to owner-occupation as first-time- buyers. As a result, transaction levels were lower than in 2009 and 2010 and the supply and demand balance shifted. Although there was evidence of rising rents for one-bedroom flats at a rate of 5% over the six months, for two-bedroom units there was no growth.

expensive units, which rent for in excess of £600 per week, exhibited a reduction in rent levels of between 5% and 10% in the Midtown and Docklands sub-markets, but increased marginally by 2% in the City. Looking ahead to the second half of 2011, the risks for price changes in the Midtown, City and Docklands sales market remain on the upside. In our view prices will continue to rise across all three markets but at around half the rate seen in the first half, at 2% to 3%. The selling season in the second half of the year is more curtailed than in the first half in any case. On the other hand, for the rental market, we expect to see an improvement in rent levels in the order of 5%. In part this will be driven by the continued difficulty in obtaining mortgage finance, forcing buyers to remain “Generation Renters”, but mainly due to increased demand from rental accommodation in the busiest months of the year, from August through to October.

The two regions i.e., Wales and England experienced raise in the average property rates. In the last one year, London has become the region with highest yearly price change. The percentage rise in the value was 5%. Furthermore, the city experienced the highest monthly increase by 3%. In February 2010, the house sales value in both Wales and England fell down by 10%. According to the recent figures, the residential property rates in Wales and England rose by
0.8%. According to the current land registry information, the average house rate is £163,083. The registry data even presents a yearly price reduction of around 1.3 %.

Nevertheless, the data even presents falls in some part and large rises in others. For instance, the city London has witnessed a rise in property rates by 5% and north-eastern part has seen rates fall by around 8.1 %. In addition, according to the February 2011 report, the residential property rates in Wales and England fell by 10%. The rates reduced to 38,336 from 42,515. Around £1 million properties were sold in the both the cities. The sales ratio rose by 14%. As
stated by property experts, the overseas clients are not only fuelling up the property rate boom but also pushing up the rents.

Mr. Marc and Mrs. Anita, managing directors of the largest rentals agents, consider the period as an ideal time to purchase property in London. The period offers a perfect combination of various unique properties. Exchange rates are the driving force behind rising residential property rates in Wales and England. The other focal points include tough rental demand. It is becoming a significant attraction for rising overseas executives. Furthermore, the recent shortage for rental housing is reminding a rise in rents. There has been a significant rise by 10% from the previous year. The demand is also accelerated by new developments in canary Wharf Landmark and Peninsula.

Find our clerkenwell rental property at myclerkenwell.co.uk and hurford-salvi-carr.co.uk

Take Correct Measurement of the Area or Room and Cut the Cement or Concrete Board

First you have to take the measurement of the room and with the help of this measurement you have to cut the board accordingly to size. Since concrete board is hard, use the razor knife to cut.

Arrange the Pieces and Fix the Cement Board

Once the pieces of concrete board are cut, you have to arrange or lay out them onto the ground to ensure it fit the floor. In order to secure the concrete board on to the flooring, you have to use a cordless drill or screw-gun with the screwdriver attachment. Make sure that you use cement board screws and fix them every six to eight inches.

Mark the Center of the Room and Arrange the Tile

Find the center of the room by measuring and then using a chalk mark it by drawing two lines which intersect at the room’s center point. There are several types of patterned tiles are available in sheets in the market that and are about 1-foot square. Separate tiles are fixed on the bottom with the rubber dots. The main reason for using dots is that they hold the tiles tightly together in the patterned sheets and it acts as spacers to make even grout lines.

Spread the Adhesive and Set the Sheet of Tiles in Place

You have to wok in small sections by lifting out the tiles and spread the glue or adhesive with the help of the square-notched trowel. Start from the center by laying the tiles so that you could handle the difficult cuts around the corners of the room. First set the tiles into the place and then press it tightly.

Cover the Center of the Floor and Perimeter of the Room and cut the tiles

Once the center floor is covered then you have to work around. For the edges of the room, trim the full sheets of the titles to fit. Cut the tiles buy using a wet saw.

A stunning, authentic loft apartment with wonderful high ceilings and original solid wood herring bone flooring. The apartment has been subject to a recent refurbishment program to incorporate two new bathrooms, stunning fully integrated kitchen the creation of a walk in cellar as well as been fully redecorated. The Beauchamp is landmark building located on Leather Lane within moments of Chancery lane Underground Station, A must for the loft enthusiast.

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• Hurford Salvi Carr

125 years leases from 2006 at ground rents varying from £200 to £400 ( total ground rent income £4,100 per annum) doubling every 25 years. There are commercial units which have been sold on a 999 years Head Lease at a peppercorn.
Freeholder has the benefit of management and insurance
PRICE: £82,000 subject to Section 5 Notices and subject to contract For further information contact

Daniel Lachs ,
E – mail: daniel.lachs@h-s-c.co.uk
tel: 020 7566 9444
Hurford Salvi Carr – clerkenwell property for sale

Clerkenwell has the remarkable history that has faces many changes till date for some or the other reasons. It belongs to the aristocratic era even though it is one of the most insalubrious, overpopulated and poor arenas of London.

Methodism was originated in Clerkenwell. This place is known as a spiritual precinct, having the Church that controls over two thirds of the city and its communities. Earlier Clerkenwell was widely known as ‘Little Italy’ of London for most of Italians residing there in during 1850s and 1960s.

Near about the year 1145, Jorden de Briset pioneered the cloister that was devoted to St. John and after that he founded St. Mays Nunnery as well. Since then these religious houses did not only gained the spiritual values but became valuable for the local residents to support their subsistence.

Another aspect that increased the religious importance of Clerkenwells was the executions of Plays based on Bible Story. The Parish Clerks of London used to perform in these plays at Skinners Well and Clerks Well. It is said that in the year 1390, Richard II had given his presence at Clerkenwells to watch the act of ‘The Passion of our Lord’ and ‘The Creation of the World’, which came about for more than three years.

Another more noticeable feature of Clerkenwell was the fluttery flowing River Fleet. This River brought the foremost modern supply of water and after that the longest Gin distilleries as well.Find out clerkenwell property from hurford Salvi Carr estate agents.

The ample of water supply sources made the place look like a Spa. During the 18th century many sports like Angling and Duck Shooting became very popular out here. One of the most famous and aquatic theatre Sadlers Wells was here.

The weakening in the sales market was mirrored in employment data for the City. In October 2010, The Centre for Economics and Business Research (CEBR) downgraded its earlier forecast of financial services jobs growth from 14,000 to 9,600 for 2010 and projected a rise of just 2,700 for 2011 in response to a hiring freeze reflecting an increasingly onerous regulatory environment and higher tax rates. Data on new job opportunities from recruitment consultant Morgan McKinley showed monthly figures declining from 6,048 in July 2010 to 4,725 in September, before increasing by 5% in October to 4,977. The firm’s overall comment was that the trend for hiring was lower in the third quarter compared to the first half of 2010.

City bonus levels were projected by CEBR to be £7 billion for 2010 compared to £11.6 billion in 2007. Higher tax rates, however, mean that the net figure is actually £3.8 billion. The structure of bonuses, which include share options, is such that we do not expect to see a significant injection of bonus money into the Midtown, City and Docklands housing markets, which was a significant factor in the market up to 2007. On a more positive note, the stock market performed strongly in the second half of 2010, with the FTSE 100 Index rising from a 4,806 point close on 1st July 2010 to 5,875 on 9th November 2010, an increase of 20% and its highest level since mid-2008.

The Index weakened, however, in November 2010 in response to the deepening crisis in the Irish economy with the Irish Government having to call in the IMF and EU to rescue the country’s banking system. There was concern that similar measures might need to be applied to other weak peripheral Eurozone economies such as Portugal, and even the zone’s fourth largest economy, Spain. Confidence was also affected by the 22nd November “fire-fight” between North and South Korea.

The overall impact of these external economic factors was to reduce the level of confidence in the housing market in Midtown, clerkenwell property market and Docklands resulting in a downward trend in new enquiries and in the number of sales agreed. Downward pressure on sales prices, however, was mitigated by limitations on the amount of stock on the market. Market conditions suggest that the level of stock for sale will continue to be constrained in 2011.