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

Contemporary One Bedroom Split Level Conversion in Heart of Clerkenwell. Comprises Bright Reception Room With Wooden Floors, Open Plan Kitchen and Door to Private Balcony, Double Bedroom, One Bathroom. First Floor. Easy Access to City/Islington. Tube: Farringdon

A Stylish and Sunny West Facing One Bedroom Apartment in Popular Modern Development in Heart of Clerkenwell. Comprises Reception Room with Wood Floors, Open Plan Kitchen, One Double Bedroom, One Bathroom. Fully Double Glazed. Second Floor (With Lift), Tube: Farringdon. *NON SMOKERS ONLY*

1 Bedroom Apartment
Furnished and Spacious One Bedroom Conversion Moments from Hub of Clerkenwell/Mid Town. Comprises Large Reception Room with Wooden Floors and Smart Open Plan Kitchen with Granite Worktop, One Double Bedroom, One Bathroom. First Floor. Walking Distance to City and West End. Tube: Farringdon

1 Bedroom Apartment
A Furnished One Bedroom Apartment within Easy Reach of City Offices and Clerkenwell/Shoreditch Restaurants. Comprises Reception Room with Wooden Floors and Modern Open Plan Kitchen. One Double Bedroom. One Bathroom. Ground Floor. Tube: Farringdon/Old Street

The region of London is eminent as “fitzrovia”. It is situated in the border between Camden and west minister and bounded on east through tottenham court road, Oxford Street towards south and Portland place towards west and Easton road towards north. However, the history of fitzrovi is vast it is because this place was originally developed in eighteenth century. Now this place is eminent as one of the most beautiful place in London. You can find the property for sale fitzrovia through agents or even through online/internet.

Currently, fitzrovia is prominent as the broadcasting and advertising capital. In fact the media business houses are dominating this place. The legendary television companies include CNN, Channel four televisions or computer Film Company, and nickelodeon. These all companies are founded in fitzrovia. Fitzrovia also has many global advertising agencies like London TBWA, McCannEurickson, Saatchi and Saatchi and many more. However, the actual gems are the cafes, family restaurants, and the little guys. One will definitely enjoy residing at this place. Through online you can easily view the details about property for sale fitzrovia.

However, the nearby areas of fitzrovia includes soho, Easton, Bloomsbury, kings cross, Marylebone and Camden town. Fitzrovia is encircles with the tube stations. It is the best place with regular bus services. The bus paths regularly cross Easton road, Portland place, Oxford Street, tottenham court road, and great Poland Street. The history of fitzrovia is clearly visible in the works of writers, poets and architectures. The stucco-fronted, substantial and magnificent houses surround the Fitzroy square. Even the penthouses with the roof terraces are present in the new developments. It is available with the balconies and garage parking. However, due to these reasons the rental markets of fitzrovia always remain hectic.

In the first half of 2010 residential rents in the Midtown, City and Docklands sub-markets increased on average by 7% in response to an imbalance in supply and demand (Figure 3). At June 2010, the rent for typical one and two-bedroom flats in the Midtown, City and Docklands market increased by £25-30 per week to £365 pw for one-bedroom units and £480 pw for two-bedroom apartments.
There was also significant demand for larger and more expensive apartments and houses where rents can be as high as £2,500 pw. Central London continued to emerge from recessionary conditions with a positive effect on recruitment in the employment market. According to Morgan McKinley, City job opportunities increased by 100% between April 2009 and April 2010, but the company, which publishes a monthly monitor, did note that job opportunities fell in
April in response to the general uncertainly around the General Election. That ties in with our own data on the level of confidence in the housing market, where sentiment has been tempered since the General Election on 6th May.

In Midtown, City and Docklands, rental growth is normally associated with increased demand in the second half of the year. Significant rental growth in the first half of 2010 reflected both supply side and demand side factors. On the supply side, the level of development completions was reduced. At the same time, the proportion of new homes being sold to investors decreased due to the difficulties of raising Buy To Let (BTL) finance. Some accidental landlords put their properties up for sale in response to rising prices and this also reduced the size of the pool of clerkenwell rental property.

hurford salvi carr

At the same time, “frustrated renters” were rebuffed in their attempts to become owner occupiers, due to high prices and the lack of competitive and reasonably priced mortgage products for first-time buyers. So the normal flow of renters to owner occupiers continued to be significantly stemmed. As a result, at renewal, we were able to negotiate increases in rents for our clients.

67 Turnmill Street, a boutique development of 13 apartments for sale in Clerkenwell, has seen unprecedented interest since it was launched just a few weeks ago, with a high proportion of the first phase selling out.

Made up of six 1-bed and seven 2-bed apartments in a mixed-use block, the building is situated at the heart of this vibrant part of the Capital with its creative industries, bars and restaurants. It is also close to the new £250m Farringdon transport interchange.

The first phase included the release of five apartments (3x one bed and 2x two bed). Yet just over three weeks since the first viewing day, reservations have already been taken on three of the four apartments, with many people being impressed by the quality of the show apartments.

The development is a six-storey mixed-use building built to the highest standard with all apartments having balconies or terraces as well as featuring floor-to-ceiling windows to maximise light.

In addition, bespoke hardwood joinery and purpose-made kitchen cabinets and bathrooms give every apartment its own individual style.

On the lower floors, and at street level, are creative Grade A offices behind a double-height glazed frontage. Visit www.69turnmillstreet.com for more information.

According to David Salvi from sales agents Hurford Salvi Carr, the reason is simple – due to the credit crunch, no new developments (apart from this one) will be offered for sale in EC1 for at least 12 months.

Says Salvi: “Since we started marketing 67 Turnmill Street there has been an unprecedented amount of interest in the scheme. There have been over 1,200 visitors to the development’s website and the dedicated page on our own website has also received a high level of traffic.

“As a result of the problems in the UK economy over the past couple of years, developers have found it difficult to attract funding for schemes, so very few have been built making 67 Turnmill Street something of a rarity, at least for the foreseeable future.

“Therefore, it is no surprise that a high quality development such as this should be attracting such attention. Plus the new £250m Crossrail station being built just down the road will transform Clerkenwell into one of the most accessible parts of London, making this a great investment.

For more information visit www.67turnmillstreet.com or call Hurford Salvi Carr on 020 7250 1012

A stunning second floor apartment in clerkenwell located in this most sought after portered apartment building. The accommodation comprises large reception room with recessed fully fitted kitchen, ample double bedroom and bathroom. Hosier lane runs off West Smithfield ideally positioned for the Farringdon Underground and Mainline Station and St Pauls.

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Neutrally Decorated and Modern One Bedroom Apartment in Portered Development In Great City Location. Comprises Reception Room, Semi Open Plan Fitted Kitchen, One Double Bedroom, One Bathroom. Fourth Floor (With Lift), Wood Floors Throughout. Walking Distance to City Offices/Clerkenwell Nightlife. Tube: St Pauls/Farringdon…