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Canary Wharf | Islington Riverside | Wapping LOCAL VIEW Spring/Summer 2013
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Canary Wharf, Islington Riverside, Wapping
Transcript of Knight Frank Local View 5
Canary Wharf | IslingtonRiverside | Wapping
LOCAL VIEW
Spring/Summer2013
4 London Market Overview6 Canary Wharf18 Islington30 Riverside42 Wapping54 Knight Frank Service Directory55 Knight Frank Office Directory
CONTENTS
AREA 3p33
p45 p14
p10 p21
Cover image: Lith Hall, see page 11
This Local View is one of a series of five publications covering the London area. To view and download a PDF or request a hard copy please visit KnightFrank.com/publications
Hyde Park | MaryleboneFitzrovia & Bloomsbury | Mayfair & St James’s
LOCAL VIEW
Spring/Summer2013
Belgravia | Chelsea | KensingtonKnightsbridge | Notting Hill | South Kensington
LOCAL VIEW
Spring/Summer2013
Canary Wharf | IslingtonRiverside | Wapping
LOCAL VIEW
Spring/Summer2013
Hampstead | Islington | St John’s WoodLOCAL VIEW
Spring/Summer2013
Battersea | Fulham | RichmondWandsworth | Wimbledon
LOCAL VIEW
Spring/Summer2013
In the following pages, we provide an insight into the unique London property market and showcase a selection of the most impressive London properties currently for sale and to rent with Knight Frank.
The prime London property market continues to outperform, despite continued economic uncertainty. The clarity provided by December’s draft finance bill around the taxing of £2m+ properties owned through companies, resulted in a surge in activity in the early part of the year after months of uncertainty in the wake of the March 2012 budget.
Activity levels are robust across all price bands in the market, and prices are still increasing, with levels already more than 20% higher than the previous peak in prices back in March 2008.
However, it is interesting to note that growth at different price levels is moving at slightly different speeds. Since stamp duty for £2m+ purchases was raised from 5% to 7% in March last year, prices for properties under this threshold are advancing more quickly than those above the threshold. The exception is for properties worth £5m+, where prices are also climbing more steadily.
London retains its reputation as a leading global hub and international demand remains a key factor driving price growth. Overseas buyers continue to view London property as a safe haven to invest in.
Over the past 12 months, Knight Frank has expanded its global network, both in London and overseas, attracting more buyers and tenants from around the world. Our relationships with our overseas offices have never been stronger. Not only do all offices share a central database, but we have established teams looking after Russian, South Asian and Chinese buyers. We have also developed associations with leading real estate agents across Europe and America.
Our acquisition of additional premises in Lower Belgrave Street means that we are the only national agent with dedicated sales and lettings offices in Belgravia. All our offices are supported by our continued investment in technology, allowing people to view Knight Frank properties from wherever they are in the world in one of 16 languages, including Russian and Mandarin. Moreover, our global website receives over one million web visits a month, giving our clients’ properties maximum exposure.
I trust you will enjoy reading the articles contained within this edition of Local View and leafing through the many pages of wonderful properties that our clients have asked us to find buyers or tenants for.
If you see any properties that interest you, or if you would like advice on any property matter then please do not hesitate to get in touch with any one of our offices.
Welcome to the Spring/Summer Edition of Local View 2013
Noel Flint Head of London Residential [email protected]
4 London Market Overview6 Canary Wharf18 Islington30 Riverside42 Wapping54 Knight Frank Service Directory55 Knight Frank Office Directory
CONTENTS
AREA 3p33
p45 p14
p10 p21
Cover image: Lith Hall, see page 11
This Local View is one of a series of five publications covering the London area. To view and download a PDF or request a hard copy please visit KnightFrank.com/publications
Hyde Park | MaryleboneFitzrovia & Bloomsbury | Mayfair & St James’s
LOCAL VIEW
Spring/Summer2013
Belgravia | Chelsea | KensingtonKnightsbridge | Notting Hill | South Kensington
LOCAL VIEW
Spring/Summer2013
Canary Wharf | IslingtonRiverside | Wapping
LOCAL VIEW
Spring/Summer2013
Hampstead | Islington | St John’s WoodLOCAL VIEW
Spring/Summer2013
Battersea | Fulham | RichmondWandsworth | Wimbledon
LOCAL VIEW
Spring/Summer2013
In the following pages, we provide an insight into the unique London property market and showcase a selection of the most impressive London properties currently for sale and to rent with Knight Frank.
The prime London property market continues to outperform, despite continued economic uncertainty. The clarity provided by December’s draft finance bill around the taxing of £2m+ properties owned through companies, resulted in a surge in activity in the early part of the year after months of uncertainty in the wake of the March 2012 budget.
Activity levels are robust across all price bands in the market, and prices are still increasing, with levels already more than 20% higher than the previous peak in prices back in March 2008.
However, it is interesting to note that growth at different price levels is moving at slightly different speeds. Since stamp duty for £2m+ purchases was raised from 5% to 7% in March last year, prices for properties under this threshold are advancing more quickly than those above the threshold. The exception is for properties worth £5m+, where prices are also climbing more steadily.
London retains its reputation as a leading global hub and international demand remains a key factor driving price growth. Overseas buyers continue to view London property as a safe haven to invest in.
Over the past 12 months, Knight Frank has expanded its global network, both in London and overseas, attracting more buyers and tenants from around the world. Our relationships with our overseas offices have never been stronger. Not only do all offices share a central database, but we have established teams looking after Russian, South Asian and Chinese buyers. We have also developed associations with leading real estate agents across Europe and America.
Our acquisition of additional premises in Lower Belgrave Street means that we are the only national agent with dedicated sales and lettings offices in Belgravia. All our offices are supported by our continued investment in technology, allowing people to view Knight Frank properties from wherever they are in the world in one of 16 languages, including Russian and Mandarin. Moreover, our global website receives over one million web visits a month, giving our clients’ properties maximum exposure.
I trust you will enjoy reading the articles contained within this edition of Local View and leafing through the many pages of wonderful properties that our clients have asked us to find buyers or tenants for.
If you see any properties that interest you, or if you would like advice on any property matter then please do not hesitate to get in touch with any one of our offices.
Welcome to the Spring/Summer Edition of Local View 2013
Noel Flint Head of London Residential [email protected]
54 54
In April, property values in prime central London rose by 0.7%, taking the annual growth to 7.7%. Prices for London’s best homes have risen 2.9% in 2013 to date.
Interest among buyers for prime central London homes remains strong. The number of new buyers entering the market rose by 22% in the first four months of the year compared to the same period in 2012. Property viewings were also up by 47% over this time.
The market has faced some headwinds over the last year, however.
The increase in Stamp Duty last March to 7% had a noticeable impact, with the price growth for properties valued at under £2m and over £5m outperforming houses between these price bands. Our view is that the long term impact of the higher rate will be to reduce transactions in the £2m-£3m bracket by around 5% below the level they would otherwise have been.
The changes to the tax regime for £2m+ properties owned through a company announced by the Chancellor last March also led to buyers adopting a more cautious approach. However, clarification regarding the tax environment in December resulted in ‘pent up’ demand returning to the market, leading to higher levels of activity in the early months of 2013.
International demand for the very best London homes remains strong with overseas buyers viewing property in London as a safe haven investment. Over the 12 months to April 2013, overseas buyers accounted for 52% of all £2m+ prime central London sales.
In addition, the fall in value of the pound against rival currencies has made the prospect of owning luxury homes in the capital even more appealing to international buyers who can benefit from the effective discount of buying a London property in their own currency.
Prime central London residential property prices have continued their strong growth over the last 12 months. Prices are now more than 57% higher than the post-crisis market low in March 2009 and are around 20% higher than the previous market peak in March 2008.
LONDON SALES MARKET
In April, rents declined by 0.1% taking the annual fall to 3.2%. Underpinning this trend is the weakness of the financial sector employment market which continues to bear the brunt of week economic activity in the UK and Europe.
Indeed, while the headline figures confirm that rents in prime central London continue to fall, it is worth noting the differing performance across areas.
High stock volumes combined with low applicant levels means rents in St John’s Wood have declined by 5.2% so far this year, while in Notting Hill and Mayfair average rents have declined since January by 1.8% and 1.2% respectively.
In contrast, prime rents in Kensington and Marylebone bucked the overall trend and increased over the first
four months of 2013 and are up by 2.5% and 1.9% respectively. Other areas which have seen rents climb include Belgravia and Knightsbridge, although by a more modest 0.3% and 0.2%.
Activity levels suggest a healthier picture is emerging across the prime central London market. The number of new tenancies agreed in prime central London is up 30% since January compared to the same period in 2012. Additionally, the number of applicant viewings is up in the first four months of the year, albeit by just 2%.
Our view, informed by a positive outlook for employment and business sentiment, is that rents in prime central London will increase by 1% this year, before posting growth of 3%, 5%, 3.9% and 3.9% in the years to 2017.
Rents in prime central London have been falling for the last ten months. Despite this, they remain 22% higher than the trough of the market in the second quarter of 2009.
LONDON RENTAL MARKET
7.7%Annual price change,
to April 2013
2.5%Three month price change
to April 2013
SALES MARKETIN NUMBERS
RENTAL MARKETIN NUMBERS
Annual rental change, to April 2013
-3.2%Year-on-year growth
in new lettings volumes, January to April 2013
30%
0.7%Prime London price change
in April 2013
-0.1%Prime London rental change in
April 2013
Who is buying? Top 20 nationalities buying £2m+ homes in prime central London, Q1 2012 to Q1 2013
1 United Kingdom 47.8% 11 Italy 1.7%
2 Russia 8.5% 12 South Africa 1.1%
3 France 3.1% 13 Greece 1.1%
4 United States of America 2.8% 14 Sweden 1.1%
5 China 2.8% 15 Switzerland 1.1%
6 United Arab Emirates 2.8% 16 Singapore 1.1%
7 India 2.6% 17 Saudi Arabia 1.1%
8 Nigeria 2.0% 18 Germany 0.9%
9 Turkey 1.8% 19 Ireland 0.9%
10 Hong Kong 1.8% 20 Australia 0.9%
Source: Knight Frank Residential Research
100.0
MAR
CH20
09
MAR
CH20
10
MAR
CH20
11
MAR
CH20
12
MAR
CH20
13
150.0
160.0
130.0
140.0
110.0
120.0
Fig 1A sharp divide Residential price change, indexed from March 2009
100.0
Mar
-09
Jun-
09
Sep-
09
Dec
-09
Mar
-10
Jun-
10
Sep-
10
Dec
-10
Mar
-11
Jun-
11
Sep-
11
Dec
-11
Mar
-12
Jun-
12
Sep-
12
Dec
-12
Mar
-13
150.0
160.0
130.0
140.0
110.0
120.0
20.0%
15.0%
10.0%
5.0%
0.0%
-5.0%
-10.0%
-15.0%
-20.0%
-25.0%2009 2010 2011 2012 2013
Fig 1
Fig 3
-20
-15
-10
-5
0
5
10
15
20
25
30
35
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
100.0
Mar
-09
Jun-
09
Sep-
09
Dec
-09
Mar
-10
Jun-
10
Sep-
10
Dec
-10
Mar
-11
Jun-
11
Sep-
11
Dec
-11
Mar
-12
Jun-
12
Sep-
12
Dec
-12
Mar
-13
150.0
160.0
130.0
140.0
110.0
120.0
20.0%
15.0%
10.0%
5.0%
0.0%
-5.0%
-10.0%
-15.0%
-20.0%
-25.0%2009 2010 2011 2012 2013
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Fig 1
Fig 3
Fig 4
-15
-10
-5
0
5
10
15
20
25
30
35
London rental growth Annual growth in prime central London rents
Total investment returnsAnnual total returns on prime central London property, capital growth and net income return
Source: Knight Frank Residential Research Source: Knight Frank Residential ResearchPrime central LondonUK
Source: Knight Frank Residential Research
54 54
In April, property values in prime central London rose by 0.7%, taking the annual growth to 7.7%. Prices for London’s best homes have risen 2.9% in 2013 to date.
Interest among buyers for prime central London homes remains strong. The number of new buyers entering the market rose by 22% in the first four months of the year compared to the same period in 2012. Property viewings were also up by 47% over this time.
The market has faced some headwinds over the last year, however.
The increase in Stamp Duty last March to 7% had a noticeable impact, with the price growth for properties valued at under £2m and over £5m outperforming houses between these price bands. Our view is that the long term impact of the higher rate will be to reduce transactions in the £2m-£3m bracket by around 5% below the level they would otherwise have been.
The changes to the tax regime for £2m+ properties owned through a company announced by the Chancellor last March also led to buyers adopting a more cautious approach. However, clarification regarding the tax environment in December resulted in ‘pent up’ demand returning to the market, leading to higher levels of activity in the early months of 2013.
International demand for the very best London homes remains strong with overseas buyers viewing property in London as a safe haven investment. Over the 12 months to April 2013, overseas buyers accounted for 52% of all £2m+ prime central London sales.
In addition, the fall in value of the pound against rival currencies has made the prospect of owning luxury homes in the capital even more appealing to international buyers who can benefit from the effective discount of buying a London property in their own currency.
Prime central London residential property prices have continued their strong growth over the last 12 months. Prices are now more than 57% higher than the post-crisis market low in March 2009 and are around 20% higher than the previous market peak in March 2008.
LONDON SALES MARKET
In April, rents declined by 0.1% taking the annual fall to 3.2%. Underpinning this trend is the weakness of the financial sector employment market which continues to bear the brunt of week economic activity in the UK and Europe.
Indeed, while the headline figures confirm that rents in prime central London continue to fall, it is worth noting the differing performance across areas.
High stock volumes combined with low applicant levels means rents in St John’s Wood have declined by 5.2% so far this year, while in Notting Hill and Mayfair average rents have declined since January by 1.8% and 1.2% respectively.
In contrast, prime rents in Kensington and Marylebone bucked the overall trend and increased over the first
four months of 2013 and are up by 2.5% and 1.9% respectively. Other areas which have seen rents climb include Belgravia and Knightsbridge, although by a more modest 0.3% and 0.2%.
Activity levels suggest a healthier picture is emerging across the prime central London market. The number of new tenancies agreed in prime central London is up 30% since January compared to the same period in 2012. Additionally, the number of applicant viewings is up in the first four months of the year, albeit by just 2%.
Our view, informed by a positive outlook for employment and business sentiment, is that rents in prime central London will increase by 1% this year, before posting growth of 3%, 5%, 3.9% and 3.9% in the years to 2017.
Rents in prime central London have been falling for the last ten months. Despite this, they remain 22% higher than the trough of the market in the second quarter of 2009.
LONDON RENTAL MARKET
7.7%Annual price change,
to April 2013
2.5%Three month price change
to April 2013
SALES MARKETIN NUMBERS
RENTAL MARKETIN NUMBERS
Annual rental change, to April 2013
-3.2%Year-on-year growth
in new lettings volumes, January to April 2013
30%
0.7%Prime London price change
in April 2013
-0.1%Prime London rental change in
April 2013
Who is buying? Top 20 nationalities buying £2m+ homes in prime central London, Q1 2012 to Q1 2013
1 United Kingdom 47.8% 11 Italy 1.7%
2 Russia 8.5% 12 South Africa 1.1%
3 France 3.1% 13 Greece 1.1%
4 United States of America 2.8% 14 Sweden 1.1%
5 China 2.8% 15 Switzerland 1.1%
6 United Arab Emirates 2.8% 16 Singapore 1.1%
7 India 2.6% 17 Saudi Arabia 1.1%
8 Nigeria 2.0% 18 Germany 0.9%
9 Turkey 1.8% 19 Ireland 0.9%
10 Hong Kong 1.8% 20 Australia 0.9%
Source: Knight Frank Residential Research
100.0
MAR
CH20
09
MAR
CH20
10
MAR
CH20
11
MAR
CH20
12
MAR
CH20
13
150.0
160.0
130.0
140.0
110.0
120.0
Fig 1A sharp divide Residential price change, indexed from March 2009
100.0
Mar
-09
Jun-
09
Sep-
09
Dec
-09
Mar
-10
Jun-
10
Sep-
10
Dec
-10
Mar
-11
Jun-
11
Sep-
11
Dec
-11
Mar
-12
Jun-
12
Sep-
12
Dec
-12
Mar
-13
150.0
160.0
130.0
140.0
110.0
120.0
20.0%
15.0%
10.0%
5.0%
0.0%
-5.0%
-10.0%
-15.0%
-20.0%
-25.0%2009 2010 2011 2012 2013
Fig 1
Fig 3
-20
-15
-10
-5
0
5
10
15
20
25
30
35
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
100.0
Mar
-09
Jun-
09
Sep-
09
Dec
-09
Mar
-10
Jun-
10
Sep-
10
Dec
-10
Mar
-11
Jun-
11
Sep-
11
Dec
-11
Mar
-12
Jun-
12
Sep-
12
Dec
-12
Mar
-13
150.0
160.0
130.0
140.0
110.0
120.0
20.0%
15.0%
10.0%
5.0%
0.0%
-5.0%
-10.0%
-15.0%
-20.0%
-25.0%2009 2010 2011 2012 2013
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Fig 1
Fig 3
Fig 4
-15
-10
-5
0
5
10
15
20
25
30
35
London rental growth Annual growth in prime central London rents
Total investment returnsAnnual total returns on prime central London property, capital growth and net income return
Source: Knight Frank Residential Research Source: Knight Frank Residential ResearchPrime central LondonUK
Source: Knight Frank Residential Research
CANARY WHARF 7
Best known for: Its business and financial district in the heart of the Docklands, home to a host of iconic skyscrapers and increasingly popular with shoppers due to extensive shopping centres.
Boroughs: Tower Hamlets and Newham
Area: Historically known for its docks, the area has been regenerated over 20 years and has become London’s financial centre, offering a mix of gleaming steel and glass structures on the banks of the Thames. Some of the capital’s most striking and modern apartments, warehouse conversions and newbuild developments are here.
Social and cultural attractions: Along with the Museum of London Docklands, situated in a former sugar warehouse, there are more than 200 shops, bars and restaurants including Parlour, Boisdale, Jamie’s Italian and Gordon Ramsay’s The Narrow. Local events range from sculpture exhibitions to tango lessons. Offering plenty of options within a small area, there is something for everybody.
Sports and leisure facilities: Canary Wharf has numerous gyms including Virgin Active, Reebok and LA Fitness. Narrow Street in Limehouse is a popular running spot with plenty of sights to take in along the riverside path. A good-sized cinema offers all the latest films and an ice rink opens over the Christmas period.
Our favourite places: Boisdale, a lively Scottish restaurant with a cigar library; The Grapes, a traditional English pub serving great seafood; The Narrow, Gordon Ramsay’s gastropub with river views; Canary Wharf shopping centres; and Stratford Westfield shopping centre nearby.
CANARY WHARFAREA COVERED E14, E15 & E16
Getting around: Canary Wharf Canary Wharf, Limehouse, Heron Quays, West India Quay
Canary Wharf PierLondon City Airport
CANARY WHARF 7
Best known for: Its business and financial district in the heart of the Docklands, home to a host of iconic skyscrapers and increasingly popular with shoppers due to extensive shopping centres.
Boroughs: Tower Hamlets and Newham
Area: Historically known for its docks, the area has been regenerated over 20 years and has become London’s financial centre, offering a mix of gleaming steel and glass structures on the banks of the Thames. Some of the capital’s most striking and modern apartments, warehouse conversions and newbuild developments are here.
Social and cultural attractions: Along with the Museum of London Docklands, situated in a former sugar warehouse, there are more than 200 shops, bars and restaurants including Parlour, Boisdale, Jamie’s Italian and Gordon Ramsay’s The Narrow. Local events range from sculpture exhibitions to tango lessons. Offering plenty of options within a small area, there is something for everybody.
Sports and leisure facilities: Canary Wharf has numerous gyms including Virgin Active, Reebok and LA Fitness. Narrow Street in Limehouse is a popular running spot with plenty of sights to take in along the riverside path. A good-sized cinema offers all the latest films and an ice rink opens over the Christmas period.
Our favourite places: Boisdale, a lively Scottish restaurant with a cigar library; The Grapes, a traditional English pub serving great seafood; The Narrow, Gordon Ramsay’s gastropub with river views; Canary Wharf shopping centres; and Stratford Westfield shopping centre nearby.
CANARY WHARFAREA COVERED E14, E15 & E16
Getting around: Canary Wharf Canary Wharf, Limehouse, Heron Quays, West India Quay
Canary Wharf PierLondon City Airport
+44 20 7512 9966 [email protected] KnightFrank.co.uk/canary-wharf
CANARY WHARF SALES 9
Boardwalk Place Belgrave Court
An extremely large apartment situated on the second floor of this popular Canary Wharf development.
Bedroom, bathroom, reception room, kitchen, balcony, concierge, parking. EPC rating B.
Approximately 57 sq m (613 sq ft)
An immaculately presented interior designed two bedroom apartment situated on the first floor.
2 bedrooms, 2 bathrooms, reception room, kitchen, concierge, leisure facilities, parking.
Approximately 130 sq m (1,407 sq ft)
LeaseholdGuide price: £370,000
CAnAry WhArF E14 CAnAry WhArF E14LeaseholdGuide price: £1,250,000
Dunbar Wharf West India Quay
A spacious two bedroom duplex apartment in a well-maintained portered development with gym.
2 bedrooms, 2 bathrooms, reception room, kitchen, concierge, parking. EPC rating B.
Approximately 109 sq m (1,173 sq ft)
This apartment is located on the 18th floor of a premier development in Canary Wharf.
2 bedrooms, 3 bathrooms, reception room, open plan kitchen, concierge, parking. EPC rating B.
Approximately 147 sq m (1,582 sq ft)
LimEhousE E14LeaseholdGuide price: £675,000
CAnAry WhArF E14LeaseholdGuide price: £930,000
8 CANARY WHARF SALES
The market: The Docklands sales market has had a very strong financial year with record pound per square foot prices being achieved in many developments. There continues to be a shortage of stock and a surplus of high quality applicants with sizeable cash deposits looking to invest in the area. The market has performed as well as it has because we are seeing significant overseas investment, in particular from the Far East, as well as competition from owner-occupiers looking to purchase property within close proximity of London’s financial centre.
our outlook: The outlook for the next six to twelve months remains positive with continuing high demand within all of the best developments, particularly those with River views or within close proximity of the Canary Wharf estate. The demand for the area looks set to continue to rise with the impending arrival of Crossrail link at West India Quay, as well as the longer term Wood Wharf development by the Canary Wharf group.
Who buys here: A combination of investors, as healthy yields can beachieved and young professionals working in either the City or on the Canary Wharf estate.
SALES OVERVIEW
336Every day Knight Frank Canary Wharf properties are viewed
times through our award-winning website
SALESBY NUMBERS
138In the last 12 months alone,
potential buyers from
different countries have viewed properties for sale through Knight Frank Canary Wharf
SALES INSIGHT
My typical buyer is either an overseas investor looking for long term capital growth and ongoing rental yield, or young professionals working in Canary Wharf or the City.
Our team in action: We have become the trusted advisor of an overseas landlord with a large property portfolio in the area. We have completed sales of 20 apartments to date, whilst consistently breaking the pound per square foot records.
Boardwalk Place E14
Andrew Groocock Head of Sales
95%of the guide price
On average our sales in the past 12 months achieved over
+44 20 7512 9966 [email protected] KnightFrank.co.uk/canary-wharf
CANARY WHARF SALES 9
Boardwalk Place Belgrave Court
An extremely large apartment situated on the second floor of this popular Canary Wharf development.
Bedroom, bathroom, reception room, kitchen, balcony, concierge, parking. EPC rating B.
Approximately 57 sq m (613 sq ft)
An immaculately presented interior designed two bedroom apartment situated on the first floor.
2 bedrooms, 2 bathrooms, reception room, kitchen, concierge, leisure facilities, parking.
Approximately 130 sq m (1,407 sq ft)
LeaseholdGuide price: £370,000
CAnAry WhArF E14 CAnAry WhArF E14LeaseholdGuide price: £1,250,000
Dunbar Wharf West India Quay
A spacious two bedroom duplex apartment in a well-maintained portered development with gym.
2 bedrooms, 2 bathrooms, reception room, kitchen, concierge, parking. EPC rating B.
Approximately 109 sq m (1,173 sq ft)
This apartment is located on the 18th floor of a premier development in Canary Wharf.
2 bedrooms, 3 bathrooms, reception room, open plan kitchen, concierge, parking. EPC rating B.
Approximately 147 sq m (1,582 sq ft)
LimEhousE E14LeaseholdGuide price: £675,000
CAnAry WhArF E14LeaseholdGuide price: £930,000
8 CANARY WHARF SALES
The market: The Docklands sales market has had a very strong financial year with record pound per square foot prices being achieved in many developments. There continues to be a shortage of stock and a surplus of high quality applicants with sizeable cash deposits looking to invest in the area. The market has performed as well as it has because we are seeing significant overseas investment, in particular from the Far East, as well as competition from owner-occupiers looking to purchase property within close proximity of London’s financial centre.
our outlook: The outlook for the next six to twelve months remains positive with continuing high demand within all of the best developments, particularly those with River views or within close proximity of the Canary Wharf estate. The demand for the area looks set to continue to rise with the impending arrival of Crossrail link at West India Quay, as well as the longer term Wood Wharf development by the Canary Wharf group.
Who buys here: A combination of investors, as healthy yields can beachieved and young professionals working in either the City or on the Canary Wharf estate.
SALES OVERVIEW
336Every day Knight Frank Canary Wharf properties are viewed
times through our award-winning website
SALESBY NUMBERS
138In the last 12 months alone,
potential buyers from
different countries have viewed properties for sale through Knight Frank Canary Wharf
SALES INSIGHT
My typical buyer is either an overseas investor looking for long term capital growth and ongoing rental yield, or young professionals working in Canary Wharf or the City.
Our team in action: We have become the trusted advisor of an overseas landlord with a large property portfolio in the area. We have completed sales of 20 apartments to date, whilst consistently breaking the pound per square foot records.
Boardwalk Place E14
Andrew Groocock Head of Sales
95%of the guide price
On average our sales in the past 12 months achieved over
CANARY WHARF SALES 11CANARY WHARF SALES10
West India Quay Concordia Wharf
This spacious apartment is located on the 17th and 18th floors of a sought-after portered development.
2 bedrooms, 2 bathrooms, 2 reception rooms, open plan kitchen, concierge, parking. EPC rating C.
Approximately 201 sq m (2,172 sq ft)
isLE oF DoGs E14LeaseholdGuide price: £625,000
This well-proportioned top floor apartment is located in a popular four-storey, purpose-built development.
2 bedrooms, 2 bathrooms, reception room, kitchen, balcony, parking. EPC rating C.
Approximately 74 sq m (798 sq ft)
CAnAry WhArF E14LeaseholdGuide price: £1,425,000
isLE oF DoGs E14LeaseholdGuide price: £415,000
CAnAry WhArF E14LeaseholdGuide price: £875,000
Landmark East Tower Hanover House
A very well-presented apartment located on the 21st floor offering fantastic far reaching Canary Wharf views. 2 bedrooms, 2 bathrooms, reception room, open plan kitchen, balcony, concierge, leisure facilities. EPC rating B.
Approximately 75 sq m (807 sq ft)
A superb three bedroom apartment with River views within the Canary Riverside development. 3 bedrooms, 3 bathrooms, reception room, kitchen, concierge, tennis court, parking. EPC rating C.
Approximately 118 sq m (1,270 sq ft)
+44 20 7512 9966 [email protected] KnightFrank.co.uk/canary-wharf
A wonderfully refurbished former Church for saleLith Hall
Situated in a quiet residential road offering views across Victoria Park lies this lovingly refurbished property spread over four floors in excess of 6,000 sq ft internally.
6 bedrooms, 6 bathrooms, 3 reception rooms, kitchen, cinema room, garden. EPC rating C.
Approximately 604 sq m (6,501 sq ft)
ViCToriA PArK E9FreeholdOffers in excess of: £4,000,000
CANARY WHARF SALES 11CANARY WHARF SALES10
West India Quay Concordia Wharf
This spacious apartment is located on the 17th and 18th floors of a sought-after portered development.
2 bedrooms, 2 bathrooms, 2 reception rooms, open plan kitchen, concierge, parking. EPC rating C.
Approximately 201 sq m (2,172 sq ft)
isLE oF DoGs E14LeaseholdGuide price: £625,000
This well-proportioned top floor apartment is located in a popular four-storey, purpose-built development.
2 bedrooms, 2 bathrooms, reception room, kitchen, balcony, parking. EPC rating C.
Approximately 74 sq m (798 sq ft)
CAnAry WhArF E14LeaseholdGuide price: £1,425,000
isLE oF DoGs E14LeaseholdGuide price: £415,000
CAnAry WhArF E14LeaseholdGuide price: £875,000
Landmark East Tower Hanover House
A very well-presented apartment located on the 21st floor offering fantastic far reaching Canary Wharf views. 2 bedrooms, 2 bathrooms, reception room, open plan kitchen, balcony, concierge, leisure facilities. EPC rating B.
Approximately 75 sq m (807 sq ft)
A superb three bedroom apartment with River views within the Canary Riverside development. 3 bedrooms, 3 bathrooms, reception room, kitchen, concierge, tennis court, parking. EPC rating C.
Approximately 118 sq m (1,270 sq ft)
+44 20 7512 9966 [email protected] KnightFrank.co.uk/canary-wharf
A wonderfully refurbished former Church for saleLith Hall
Situated in a quiet residential road offering views across Victoria Park lies this lovingly refurbished property spread over four floors in excess of 6,000 sq ft internally.
6 bedrooms, 6 bathrooms, 3 reception rooms, kitchen, cinema room, garden. EPC rating C.
Approximately 604 sq m (6,501 sq ft)
ViCToriA PArK E9FreeholdOffers in excess of: £4,000,000
CANARY WHARF LETTINGS 13
New two bedroom apartment
Three bedroom apartment in sought-after development
The Forge
Berkeley Tower
Located on the Westferry Road, the original Forge ironworks has been restored and now comprises modern apartments less than two miles from Canary Wharf.
2 bedrooms, 2 bathrooms, reception room, kitchen, parking. EPC rating B.
Approximately 70 sq m (755 sq ft)
A fantastic apartment located in Canary Riverside with views straight down the River Thames. Accommodation is extremely spacious and beautifully styled.
3 bedrooms, 3 bathrooms, reception room, fitted kitchen, dining area, parking. EPC rating B.
Approximately 168 sq m (1,816 sq ft)
isLE oF DoGs E14Available furnishedGuide price: £375 per week
CAnAry WhArF E14Available furnishedGuide price: £1,400 per week
CANARY WHARF LETTINGS12
+44 20 7512 9955 [email protected] KnightFrank.co.uk/canary-wharf
The market: Demand for properties priced between £250 to £500 per weekis as strong as ever, with 88% of enquiries for properties in this range.The top end of the market is less active, however there is still demand.
our outlook: The appetite for properties from prospective tenants continues to be high. Landlords will be encouraged to see that the number of new applicants and applicant viewings is up year-on year by 24% and 4.5% respectively in 2012. This should continue in 2013.
Who rents here: Professionals aged 25 to 40 working in Canary Wharf and the City.
LETTINGS OVERVIEW
2.9%In the last six months rentals
have increased by
LETTINGSBY NUMBERS
86%We have achieved
of the asking price on average in the past 12 months
LETTINGS INSIGHT
The biggest new trend in my market is social media playing an active role in creating awareness of the market.
Our team in action: This apartment in Proton Tower E14 was on the rental market with another agent for two months without a tenant. Knight Frank was instructed on the Tuesday morning and brought the property to the attention of our database of applicants. We let the apartment the following day.
Proton Tower, E14
336Every day Knight Frank Canary Wharf properties are viewed
times through our award-winning website
Vanessa Evett-Beesley Head of Lettings
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
CANARY WHARF LETTINGS 13
New two bedroom apartment
Three bedroom apartment in sought-after development
The Forge
Berkeley Tower
Located on the Westferry Road, the original Forge ironworks has been restored and now comprises modern apartments less than two miles from Canary Wharf.
2 bedrooms, 2 bathrooms, reception room, kitchen, parking. EPC rating B.
Approximately 70 sq m (755 sq ft)
A fantastic apartment located in Canary Riverside with views straight down the River Thames. Accommodation is extremely spacious and beautifully styled.
3 bedrooms, 3 bathrooms, reception room, fitted kitchen, dining area, parking. EPC rating B.
Approximately 168 sq m (1,816 sq ft)
isLE oF DoGs E14Available furnishedGuide price: £375 per week
CAnAry WhArF E14Available furnishedGuide price: £1,400 per week
CANARY WHARF LETTINGS12
+44 20 7512 9955 [email protected] KnightFrank.co.uk/canary-wharf
The market: Demand for properties priced between £250 to £500 per weekis as strong as ever, with 88% of enquiries for properties in this range.The top end of the market is less active, however there is still demand.
our outlook: The appetite for properties from prospective tenants continues to be high. Landlords will be encouraged to see that the number of new applicants and applicant viewings is up year-on year by 24% and 4.5% respectively in 2012. This should continue in 2013.
Who rents here: Professionals aged 25 to 40 working in Canary Wharf and the City.
LETTINGS OVERVIEW
2.9%In the last six months rentals
have increased by
LETTINGSBY NUMBERS
86%We have achieved
of the asking price on average in the past 12 months
LETTINGS INSIGHT
The biggest new trend in my market is social media playing an active role in creating awareness of the market.
Our team in action: This apartment in Proton Tower E14 was on the rental market with another agent for two months without a tenant. Knight Frank was instructed on the Tuesday morning and brought the property to the attention of our database of applicants. We let the apartment the following day.
Proton Tower, E14
336Every day Knight Frank Canary Wharf properties are viewed
times through our award-winning website
Vanessa Evett-Beesley Head of Lettings
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
CANARY WHARF LETTINGS 15
Apartment on the Limehouse Cut canal
Apartment within a Grade I listed building
Hallmark Court
Port East Apartments
Well-presented apartment in the Silver Wharf development offering concierge, communal roof terrace and parking.
2 bedrooms, 2 bathrooms, reception room, open plan kitchen, balcony. EPC rating B.
Approximately 67 sq m (721 sq ft)
This apartment is full of character with exposed brick, wood beams and solid oak wood flooring throughout the property.
2 bedrooms, 2 bathrooms, reception room, kitchen, parking, 24 hour porter.
Approximately 79 sq m (854 sq ft)
CAnAry WhArF E14Available furnishedGuide price: £350 per week
CAnAry WhArF E14Available furnishedGuide price: £570 per week
CANARY WHARF LETTINGS14
Three bedroom duplex penthouse apartment
Deluxe three bedroom apartment
Millharbour
Pan Peninsula
This deluxe apartment is designed to the highest standard and offers two private balconies and spectacular Canary Wharf views.
3 bedrooms, 3 bathrooms, 2 reception rooms, open plan kitchen, dining room, parking. EPC rating C.
Approximately 383 sq m (4,123 sq ft)
Located on the 38th floor, this apartment offers outstanding living space, a high specification interior and spectacular Canary Wharf views.
3 bedrooms, 3 bathrooms, reception room, open plan kitchen, concierge, gym, swimming pool. EPC rating C.
Approximately 315 sq m (3,390 sq ft)
CAnAry WhArF E14Available furnishedGuide price: £1,995 per week
CAnAry WhArF E14Available furnishedGuide price: £5,000 per week
+44 20 7512 9955 [email protected] KnightFrank.co.uk/canary-wharfNB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
CANARY WHARF LETTINGS 15
Apartment on the Limehouse Cut canal
Apartment within a Grade I listed building
Hallmark Court
Port East Apartments
Well-presented apartment in the Silver Wharf development offering concierge, communal roof terrace and parking.
2 bedrooms, 2 bathrooms, reception room, open plan kitchen, balcony. EPC rating B.
Approximately 67 sq m (721 sq ft)
This apartment is full of character with exposed brick, wood beams and solid oak wood flooring throughout the property.
2 bedrooms, 2 bathrooms, reception room, kitchen, parking, 24 hour porter.
Approximately 79 sq m (854 sq ft)
CAnAry WhArF E14Available furnishedGuide price: £350 per week
CAnAry WhArF E14Available furnishedGuide price: £570 per week
CANARY WHARF LETTINGS14
Three bedroom duplex penthouse apartment
Deluxe three bedroom apartment
Millharbour
Pan Peninsula
This deluxe apartment is designed to the highest standard and offers two private balconies and spectacular Canary Wharf views.
3 bedrooms, 3 bathrooms, 2 reception rooms, open plan kitchen, dining room, parking. EPC rating C.
Approximately 383 sq m (4,123 sq ft)
Located on the 38th floor, this apartment offers outstanding living space, a high specification interior and spectacular Canary Wharf views.
3 bedrooms, 3 bathrooms, reception room, open plan kitchen, concierge, gym, swimming pool. EPC rating C.
Approximately 315 sq m (3,390 sq ft)
CAnAry WhArF E14Available furnishedGuide price: £1,995 per week
CAnAry WhArF E14Available furnishedGuide price: £5,000 per week
+44 20 7512 9955 [email protected] KnightFrank.co.uk/canary-wharfNB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
17
New Providence WharfCAnAry WhArF E14 Guide price: £850 per week
Lime Kiln WharfLimEhousE E14 Guide price: £795 per week
Pan PeninsulaCAnAry WhArF E14 Guide price: £595 per week
Ontario TowerCAnAry WhArF E14 Guide price: £400 per week
Landmark East TowerCAnAry WhArF E14 Guide price: £575 per week
No 1 West India QuayCAnAry WhArF E14 Guide price: £475 per week
16
Waterman BuildingCAnAry WhArF E14 Guide price: £550,000
Basin ApproachLimEhousE E14 Guide price: £550,000
Pierhead LockisLE oF DoGs E14 Guide price: £290,000
Discovery DockisLE oF DoGs E14 Guide price: £875,000
Princes LodgeLimEhousE E14 Guide price: £660,000
Wotton CourtBLACKWALL E14 Guide price: £500,000
CANARY WHARF – LET properties CANARY WHARF – sold properties
SOLD SOLD LET LET
SOLD SOLD LET LET
SOLD SOLD LET LET
+44 20 7512 9966 [email protected] KnightFrank.co.uk/canary-wharf +44 20 7512 9955 [email protected] KnightFrank.co.uk/canary-wharf
17
New Providence WharfCAnAry WhArF E14 Guide price: £850 per week
Lime Kiln WharfLimEhousE E14 Guide price: £795 per week
Pan PeninsulaCAnAry WhArF E14 Guide price: £595 per week
Ontario TowerCAnAry WhArF E14 Guide price: £400 per week
Landmark East TowerCAnAry WhArF E14 Guide price: £575 per week
No 1 West India QuayCAnAry WhArF E14 Guide price: £475 per week
16
Waterman BuildingCAnAry WhArF E14 Guide price: £550,000
Basin ApproachLimEhousE E14 Guide price: £550,000
Pierhead LockisLE oF DoGs E14 Guide price: £290,000
Discovery DockisLE oF DoGs E14 Guide price: £875,000
Princes LodgeLimEhousE E14 Guide price: £660,000
Wotton CourtBLACKWALL E14 Guide price: £500,000
CANARY WHARF – LET properties CANARY WHARF – sold properties
SOLD SOLD LET LET
SOLD SOLD LET LET
SOLD SOLD LET LET
+44 20 7512 9966 [email protected] KnightFrank.co.uk/canary-wharf +44 20 7512 9955 [email protected] KnightFrank.co.uk/canary-wharf
AREA18 ISLINGTON 19
Getting around: Angel, Highbury & Islington, Arsenal Highbury & Islington
Best known for: Upper Street with its endless choice of restaurants and bars, high street shops and one-off boutiques. Its fabulous blend of garden squares, beautiful Georgian and Victorian terraces, excellent recreational areas at Highbury Fields, and vibrant and diverse selection of shops and restaurants to rival any of those across the capital.
Borough: Islington
Area: Islington is a wonderfully diverse area where you will find many different neighbourhoods such as leafy Canonbury and Barnsbury with its beautiful tree-lined roads and squares, Highbury with its lovely traditional village-like feel, De Beauvoir town, which is steeped in history and finally, Angel with its close proximity to The City. Islington has something for everyone with some of the capital’s finest markets (Camden Passage, Exmouth Market, Chapel Market), sports and leisure facilities (including Highbury Fields) and, of course, the Emirates stadium (home of Arsenal Football Club).
Social and cultural attractions: As well as theatres including the Almeida and Sadler’s Wells, Islington is home to The Estorick Collection, which is an Italian modern art gallery. For evening entertainment, Islington has a large selection of pubs, bars and restaurants on and around Upper Street. The Angel centre on the high street combines shopping with restaurants, a cinema and a music venue, and for everyday groceries there is a good choice of supermarket chains locally. The Business Design Centre (formerly the Royal Agricultural Hall) is one of London’s iconic exhibition centres, playing host to over 80 exhibitions and 250 conferences every year, such as the London Arts Fair.
Sports and leisure facilities: Highbury has an impressive 27.5 acres of open space at Highbury Fields with tennis courts, leisure centre and pool. The Emirates Stadium also showcases music concerts as well as football matches.
Our favourite places: Fredericks Restaurant for modern European cuisine; The Drapers Arms and Elk in the Woods pubs for great pub food; Dollar Bar and Grill in Exmouth Market for delicious cocktails; Camden Passage for boutique shops and antique finds.
ISLINGTONAREAS COVERED N1 N5 N7 EC1 WC1 N16 N1C
AREA18 ISLINGTON 19
Getting around: Angel, Highbury & Islington, Arsenal Highbury & Islington
Best known for: Upper Street with its endless choice of restaurants and bars, high street shops and one-off boutiques. Its fabulous blend of garden squares, beautiful Georgian and Victorian terraces, excellent recreational areas at Highbury Fields, and vibrant and diverse selection of shops and restaurants to rival any of those across the capital.
Borough: Islington
Area: Islington is a wonderfully diverse area where you will find many different neighbourhoods such as leafy Canonbury and Barnsbury with its beautiful tree-lined roads and squares, Highbury with its lovely traditional village-like feel, De Beauvoir town, which is steeped in history and finally, Angel with its close proximity to The City. Islington has something for everyone with some of the capital’s finest markets (Camden Passage, Exmouth Market, Chapel Market), sports and leisure facilities (including Highbury Fields) and, of course, the Emirates stadium (home of Arsenal Football Club).
Social and cultural attractions: As well as theatres including the Almeida and Sadler’s Wells, Islington is home to The Estorick Collection, which is an Italian modern art gallery. For evening entertainment, Islington has a large selection of pubs, bars and restaurants on and around Upper Street. The Angel centre on the high street combines shopping with restaurants, a cinema and a music venue, and for everyday groceries there is a good choice of supermarket chains locally. The Business Design Centre (formerly the Royal Agricultural Hall) is one of London’s iconic exhibition centres, playing host to over 80 exhibitions and 250 conferences every year, such as the London Arts Fair.
Sports and leisure facilities: Highbury has an impressive 27.5 acres of open space at Highbury Fields with tennis courts, leisure centre and pool. The Emirates Stadium also showcases music concerts as well as football matches.
Our favourite places: Fredericks Restaurant for modern European cuisine; The Drapers Arms and Elk in the Woods pubs for great pub food; Dollar Bar and Grill in Exmouth Market for delicious cocktails; Camden Passage for boutique shops and antique finds.
ISLINGTONAREAS COVERED N1 N5 N7 EC1 WC1 N16 N1C
+44 20 3657 7340 [email protected] KnightFrank.co.uk/islington
ISLINGTON SALES20
The market: We have been surprised by the general positivity in 2013, given the economic forecasts, with buyers returning to the market after a somewhat frustrating end to 2012. Supply of good quality property is still in high demand and providing pricing is realistic, we are seeing multiple buyers on these sales. There is no doubt that the normal’ Spring Market’ has been delayed, given the poor weather conditions, but with Easter behind us, we expect the market will gain momentum, aided by very favourable mortgage rates.
our outlook: The demand for one and two bedroom properties as ever remains constant, with the very best family houses still achieving premium prices.
Who buys here: We are seeing many more buyers who are priced out of Notting Hill and Primrose Hill now considering Islington as a realistic and affordable option. There is renewed interest from the investor market, both locally and internationally given the spread of Prime Central London.
SALES OVERVIEW SALESBY NUMBERS
SALES INSIGHT
Islington has many buyer categories including first-time purchasers, those who are trading up locally, international investors and developers attracted by the excellent facilities and proximity to the City.
Daniel omell Head of Sales
106In the last six months alone,
potential buyers from
different countries have viewed properties for sale through
Knight Frank Islington
96%of the guide price on sales
in the past six months
On average we have achieved
76%of our traffic to our global residential search are by
international visitors
On average
Our team in action: We were instructed on a beautiful flat in Barnsbury Street. Within three hours we had received five viewings, two offers, and agreed the sale in excess of the asking price.
Barnsbury street, n1
A unique house opposite the New River WalkCanonbury Street
An exciting opportunity to acquire this substantial freehold house, with an entirely unique ground floor, having been reconstructed to create a double height living/kitchen area spanning the entire raised and lower ground floor. There are three/four bedrooms including a magnificent master suite and a terrace off the top floor with wonderful views of both the City and historic Canonbury.
3 bedrooms, 3 bathrooms, reception room, kitchen/reception room, terrace, garden. EPC rating E.
Approximately 221.20 sq m (2,378 sq ft)
CAnonBury n1FreeholdGuide price: £2,050,000
+44 20 3657 7340 [email protected] KnightFrank.co.uk/islington
ISLINGTON SALES20
The market: We have been surprised by the general positivity in 2013, given the economic forecasts, with buyers returning to the market after a somewhat frustrating end to 2012. Supply of good quality property is still in high demand and providing pricing is realistic, we are seeing multiple buyers on these sales. There is no doubt that the normal’ Spring Market’ has been delayed, given the poor weather conditions, but with Easter behind us, we expect the market will gain momentum, aided by very favourable mortgage rates.
our outlook: The demand for one and two bedroom properties as ever remains constant, with the very best family houses still achieving premium prices.
Who buys here: We are seeing many more buyers who are priced out of Notting Hill and Primrose Hill now considering Islington as a realistic and affordable option. There is renewed interest from the investor market, both locally and internationally given the spread of Prime Central London.
SALES OVERVIEW SALESBY NUMBERS
SALES INSIGHT
Islington has many buyer categories including first-time purchasers, those who are trading up locally, international investors and developers attracted by the excellent facilities and proximity to the City.
Daniel omell Head of Sales
106In the last six months alone,
potential buyers from
different countries have viewed properties for sale through
Knight Frank Islington
96%of the guide price on sales
in the past six months
On average we have achieved
76%of our traffic to our global residential search are by
international visitors
On average
Our team in action: We were instructed on a beautiful flat in Barnsbury Street. Within three hours we had received five viewings, two offers, and agreed the sale in excess of the asking price.
Barnsbury street, n1
A unique house opposite the New River WalkCanonbury Street
An exciting opportunity to acquire this substantial freehold house, with an entirely unique ground floor, having been reconstructed to create a double height living/kitchen area spanning the entire raised and lower ground floor. There are three/four bedrooms including a magnificent master suite and a terrace off the top floor with wonderful views of both the City and historic Canonbury.
3 bedrooms, 3 bathrooms, reception room, kitchen/reception room, terrace, garden. EPC rating E.
Approximately 221.20 sq m (2,378 sq ft)
CAnonBury n1FreeholdGuide price: £2,050,000
+44 20 3657 7340 [email protected] KnightFrank.co.uk/islington
ISLINGTON SALES22 ISLINGTON SALES 23
A wonderful Victorian Gothic house Superb re-invention in Highburylonsdale sQUARE Northstand apartments
Set over five floors and overlooking beautiful square gardens, this property isextremely well located for all the amenities of Upper Street.
5 bedrooms, 3 bathrooms, double reception room, kitchen, dining room, guest WC, conservatory, garden, wine cellar. EPC rating E.
Approximately 247.81 sq m (2,664 sq ft)
The Northstand Apartments, originally home to Arsenal Football Club, offer contemporary living in a fabulous setting either overlooking the gardens (originally the pitch) or courtyards. The apartments are bright and airy with a range of 1, 2 and 3 bedrooms available. The concierge is based in the East Stand.EPC rating B.
BArnsBury n1FreeholdGuide price: £2,650,000
hiGhBury n5LeaseholdGuide price: starting from £315,000
+44 20 3657 7340 [email protected] KnightFrank.co.uk/islington
ISLINGTON SALES22 ISLINGTON SALES 23
A wonderful Victorian Gothic house Superb re-invention in Highburylonsdale sQUARE Northstand apartments
Set over five floors and overlooking beautiful square gardens, this property isextremely well located for all the amenities of Upper Street.
5 bedrooms, 3 bathrooms, double reception room, kitchen, dining room, guest WC, conservatory, garden, wine cellar. EPC rating E.
Approximately 247.81 sq m (2,664 sq ft)
The Northstand Apartments, originally home to Arsenal Football Club, offer contemporary living in a fabulous setting either overlooking the gardens (originally the pitch) or courtyards. The apartments are bright and airy with a range of 1, 2 and 3 bedrooms available. The concierge is based in the East Stand.EPC rating B.
BArnsBury n1FreeholdGuide price: £2,650,000
hiGhBury n5LeaseholdGuide price: starting from £315,000
ISLINGTON LETTINGSISLINGTON LETTINGS24
+44 20 3657 7360 [email protected] www.knightfrank.co.uk/islington
24 ISLINGTON LETTINGS
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
25
The market: 2013 has seen a great increase in the amount of overseas, corporate relocations due to a number of blue chip companies relocating staff to the local areas. The budgets of these corporate applicants range from £600 per week up to £2,000 per week. This has put a strain on the properties within the core and prime market in Islington, as stock will continue to be outstripped by the number of applicants registering.
our outlook: With the summer market fast approaching and the number of corporate applicants relocating, we predict that rental prices will hold or even increase within the coming months.
Who rents here: 85% of our tenancies this year have been to corporate tenants, who are looking to live in a residential community with a short commute to their city work life.
LETTINGS OVERVIEW
LETTINGS INSIGHT
The biggest new trend in my market is the number of corporate blue chip companies relocating staff. For example, a global oil and gas company is relocating 80 employees in the space of a few weeks.
Our team in action: We found the perfect tenant for this stunning apartment through our Residential Corporate Services department. Within 48 hours of the property going on to the market, they had agreed a let to a couple relocating from the United States.
Blackthorn Avenue N7
nicola Williams Residential Lettings Manager
The heart of Angelst peter’s street
Wonderful house to rent only moments from Angel station and vibrant Upper Street.
3 double bedrooms, 2 bathrooms, large kitchen, dining room, double reception room, secluded garden. EPC rating E. Approximately 181 sq m (1,945 sq ft)
isLinGTon n1Available furnishedGuide price: £1,150 per week
Split level penthouse apartmentFieldway Crescent
A beautiful and spacious split level penthouse apartment overlooking Highbury Fields.
4 double bedrooms, 2 bathrooms,open plan kitchen, living room and dining room, private roof terrace. EPC rating D.
Approximately 141 sq m (1,517 sq ft)
hiGhBury n5 Available furnishedGuide price: £1,100 per week
LETTINGSBY NUMBERS
98% of asking prices
since opening in 2012
We have achieved
80%of our applicants are looking
for property between £350 per week and £800 per week
5%and
6%
Yields in Islington are at a high for London between
ISLINGTON LETTINGSISLINGTON LETTINGS24
+44 20 3657 7360 [email protected] www.knightfrank.co.uk/islington
24 ISLINGTON LETTINGS
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
25
The market: 2013 has seen a great increase in the amount of overseas, corporate relocations due to a number of blue chip companies relocating staff to the local areas. The budgets of these corporate applicants range from £600 per week up to £2,000 per week. This has put a strain on the properties within the core and prime market in Islington, as stock will continue to be outstripped by the number of applicants registering.
our outlook: With the summer market fast approaching and the number of corporate applicants relocating, we predict that rental prices will hold or even increase within the coming months.
Who rents here: 85% of our tenancies this year have been to corporate tenants, who are looking to live in a residential community with a short commute to their city work life.
LETTINGS OVERVIEW
LETTINGS INSIGHT
The biggest new trend in my market is the number of corporate blue chip companies relocating staff. For example, a global oil and gas company is relocating 80 employees in the space of a few weeks.
Our team in action: We found the perfect tenant for this stunning apartment through our Residential Corporate Services department. Within 48 hours of the property going on to the market, they had agreed a let to a couple relocating from the United States.
Blackthorn Avenue N7
nicola Williams Residential Lettings Manager
The heart of Angelst peter’s street
Wonderful house to rent only moments from Angel station and vibrant Upper Street.
3 double bedrooms, 2 bathrooms, large kitchen, dining room, double reception room, secluded garden. EPC rating E. Approximately 181 sq m (1,945 sq ft)
isLinGTon n1Available furnishedGuide price: £1,150 per week
Split level penthouse apartmentFieldway Crescent
A beautiful and spacious split level penthouse apartment overlooking Highbury Fields.
4 double bedrooms, 2 bathrooms,open plan kitchen, living room and dining room, private roof terrace. EPC rating D.
Approximately 141 sq m (1,517 sq ft)
hiGhBury n5 Available furnishedGuide price: £1,100 per week
LETTINGSBY NUMBERS
98% of asking prices
since opening in 2012
We have achieved
80%of our applicants are looking
for property between £350 per week and £800 per week
5%and
6%
Yields in Islington are at a high for London between
+44 20 3657 7360 [email protected] KnightFrank.co.uk/islington
ISLINGTON LETTINGS 27islington LETTINGS26
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
Award-winning gated communitymelody lane
A beautiful end of terrace house within this award-winning gated community opposite Highbury Fields.
3 double bedrooms, 2 bathrooms, large open plan kitchen and dining room, spacious reception room, private roof terrace, garden, utility room, cloakroom, off street parking, underfloor heating and a bespoke Linn audio system. EPC rating C.
Approximately 177 sq m (1,905 sq ft)
hiGhBury n5Available furnishedGuide price: £1,575 per week
Gated courtyard
Superb apartment with views over Angel
Pied Bull Yard
Packington Street
Located within the heart of Angel ina gated courtyard is this smart andspacious house.
2 double bedrooms, 2 bathrooms, cloakroom, study, large open plan kitchen and reception room, private garden. EPC rating C.
Approximately 97 sq m (1,043 sq ft)
A superb apartment set within this brand new development in the heart of Angel.
2 double bedrooms, modern bathroom, open plan kitchen and reception room with a large balcony and views over Angel. EPC rating C.
Approximately 57 sq m (611 sq ft)
isLinGTon n1Available furnishedGuide price £825 per week
isLinGTon n1 Available furnishedGuide price: £550 per week
+44 20 3657 7360 [email protected] KnightFrank.co.uk/islington
ISLINGTON LETTINGS 27islington LETTINGS26
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
Award-winning gated communitymelody lane
A beautiful end of terrace house within this award-winning gated community opposite Highbury Fields.
3 double bedrooms, 2 bathrooms, large open plan kitchen and dining room, spacious reception room, private roof terrace, garden, utility room, cloakroom, off street parking, underfloor heating and a bespoke Linn audio system. EPC rating C.
Approximately 177 sq m (1,905 sq ft)
hiGhBury n5Available furnishedGuide price: £1,575 per week
Gated courtyard
Superb apartment with views over Angel
Pied Bull Yard
Packington Street
Located within the heart of Angel ina gated courtyard is this smart andspacious house.
2 double bedrooms, 2 bathrooms, cloakroom, study, large open plan kitchen and reception room, private garden. EPC rating C.
Approximately 97 sq m (1,043 sq ft)
A superb apartment set within this brand new development in the heart of Angel.
2 double bedrooms, modern bathroom, open plan kitchen and reception room with a large balcony and views over Angel. EPC rating C.
Approximately 57 sq m (611 sq ft)
isLinGTon n1Available furnishedGuide price £825 per week
isLinGTon n1 Available furnishedGuide price: £550 per week
+44 20 3657 7360 [email protected] KnightFrank.co.uk/islington+44 20 3657 7340 [email protected] KnightFrank.co.uk/Islington
ISLINGTON – LET properties 29islington – sold properties 28
Brooksby Street isLinGTon n1 Guide price: £600 per week
Blackthorn AvenueisLinGTon n7 Guide price: £850 per week
Newington Green RoadisLinGTon n1 Guide price: £385 per week
City RoadisLinGTon EC1V Guide price: £625 per week
Angelis ApartmentsisLinGTon n1 Guide price: £725 per week
The BezierCiTy roAD EC1V Guide price: £500 per week
LET
LET
LET
LET
LET
LET
riversdale roadhiGhBury n1 Guide price: £1,150,000
barnsbury streetBArnsBury n1 Guide price: £2,350,000
northstand apartmentshiGhBury n5 Guide price: £560,000
arthouseKinG’s Cross n1C Guide price: £865,000
barnsbury streetBArnsBury n1 Guide price: £895,000
bromfield streetisLinGTon n1 Guide price: £1,150,000
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
+44 20 3657 7360 [email protected] KnightFrank.co.uk/islington+44 20 3657 7340 [email protected] KnightFrank.co.uk/Islington
ISLINGTON – LET properties 29islington – sold properties 28
Brooksby Street isLinGTon n1 Guide price: £600 per week
Blackthorn AvenueisLinGTon n7 Guide price: £850 per week
Newington Green RoadisLinGTon n1 Guide price: £385 per week
City RoadisLinGTon EC1V Guide price: £625 per week
Angelis ApartmentsisLinGTon n1 Guide price: £725 per week
The BezierCiTy roAD EC1V Guide price: £500 per week
LET
LET
LET
LET
LET
LET
riversdale roadhiGhBury n1 Guide price: £1,150,000
barnsbury streetBArnsBury n1 Guide price: £2,350,000
northstand apartmentshiGhBury n5 Guide price: £560,000
arthouseKinG’s Cross n1C Guide price: £865,000
barnsbury streetBArnsBury n1 Guide price: £895,000
bromfield streetisLinGTon n1 Guide price: £1,150,000
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
RIVERSIDE 31
Best known for: Striking new developments overlooking riverside landmarks, including the London Eye, Houses of Parliament, Battersea Power Station, Tower Bridge, The Globe Theatre, and the ever more dynamic London skyline.
Boroughs: Various
Area: The River Thames is characterised by warehouse conversions, riverside pubs and cobbled streets in the east, contrasted with stunning new lifestyle developments with on-site amenities centrally and further west.
Social and cultural attractions: Residents are spoilt for choice with areas such as Southbank, which lies at the heart of an arts quarter stretching from the Royal National Theatre to Shakespeare’s Globe. The river is home to endless venues, events and landmarks, including the Royal Festival Hall, Tate Britain, Tate Modern, Design Museum, The London Eye, Somerset House, The Shard, the Thames Festival and foodie mecca Borough Market.
Sports and leisure facilities: Battersea Park offers space for jogging, cycling, tennis and other pursuits, while watersports enthusiasts can go rowing, sailing, canoeing, skiffing, kayaking, and punting on the River Thames. The river also hosts the annual Oxford and Cambridge boat race.
Our favourite places: Oxo Tower restaurant, for modern British fine dining; Tate Modern Restaurant, for great food and a cocktail bar; Butcher & Grill, a seasonal shop and restaurant; Street Kitchen for home style lunches; Ransome’s Dock restaurant and bar; Borough Market, one of the largest food markets in London; Gabriels Wharf, for riverside shopping, eating and drinking; and the eclectic South Bank where you can watch classic films at the BFI or the latest performances at The National Theatre.
RIVERSIDEAREAS COVERED SE1 SW6 SW8 SW10 SW11 SW1 SW18 SW3 SW13
Getting around: Waterloo, London Bridge, Southwark, Borough, Sloane Square, Blackfriers South, Embankment, Vauxhall, PimlicoLondon Bridge, Waterloo, Charing Cross, Wandsworth Town, Battersea Park
Thames Clipper, River Taxi
RIVERSIDE 31
Best known for: Striking new developments overlooking riverside landmarks, including the London Eye, Houses of Parliament, Battersea Power Station, Tower Bridge, The Globe Theatre, and the ever more dynamic London skyline.
Boroughs: Various
Area: The River Thames is characterised by warehouse conversions, riverside pubs and cobbled streets in the east, contrasted with stunning new lifestyle developments with on-site amenities centrally and further west.
Social and cultural attractions: Residents are spoilt for choice with areas such as Southbank, which lies at the heart of an arts quarter stretching from the Royal National Theatre to Shakespeare’s Globe. The river is home to endless venues, events and landmarks, including the Royal Festival Hall, Tate Britain, Tate Modern, Design Museum, The London Eye, Somerset House, The Shard, the Thames Festival and foodie mecca Borough Market.
Sports and leisure facilities: Battersea Park offers space for jogging, cycling, tennis and other pursuits, while watersports enthusiasts can go rowing, sailing, canoeing, skiffing, kayaking, and punting on the River Thames. The river also hosts the annual Oxford and Cambridge boat race.
Our favourite places: Oxo Tower restaurant, for modern British fine dining; Tate Modern Restaurant, for great food and a cocktail bar; Butcher & Grill, a seasonal shop and restaurant; Street Kitchen for home style lunches; Ransome’s Dock restaurant and bar; Borough Market, one of the largest food markets in London; Gabriels Wharf, for riverside shopping, eating and drinking; and the eclectic South Bank where you can watch classic films at the BFI or the latest performances at The National Theatre.
RIVERSIDEAREAS COVERED SE1 SW6 SW8 SW10 SW11 SW1 SW18 SW3 SW13
Getting around: Waterloo, London Bridge, Southwark, Borough, Sloane Square, Blackfriers South, Embankment, Vauxhall, PimlicoLondon Bridge, Waterloo, Charing Cross, Wandsworth Town, Battersea Park
Thames Clipper, River Taxi
+44 20 3597 7670 [email protected] KnightFrank.co.uk/riverside
RIVERSIDE SALES 33RIVERSIDE SALES32
The market: Riverside is a fast moving and rapidly expanding market that covers many areas of London, with only the river view as a common denominator. Some areas are stronger than others in terms of pricing and others in desirability or value for money.
our outlook: There are a lot of overpriced properties on the market, which often distort statistics reporting the length of time a property is available before being sold. We predict that realistically priced property on the river will remain strong with healthy levels of sales and will climb steadily into the next year. The ‘off-plan’ riverside market will continue to be robust, with the majority of sales taking place to foreign buyers living in the Far East and other emerging markets.
Who buys here: Global buyers, with UK and Western Europe leading the way.Buyers from the Asian countries are leading ‘off-plan’ sales.
SALES OVERVIEW SALESBY NUMBERS
103%On average
we have achieved
of the guide price on sales in the past six months
46%On average
of our iPhone/iPad app downloads are byinternational users
SALES INSIGHT
Chinese buyers want brand new property in excellent condition. Middle Eastern buyers prefer property with at least one bathroom per bedroom, plus one for guests and a separation between sleeping and living areas.
Our team in action: We recently marketed a flat in a well-known Riverside building along with two other agents. This buyer had not considered the river previously, but was blown away with the views, and amenities. We negotiated the full askingprice and our client accepted the offer. The client was delighted with the price we achieved, the buyer is thrilled to have an amazing apartment and we beat the other agents to a sale.
sold in the Albion riverside Building
matthew smith Head of Sales
Neo Bankside Thames Quay
A stunning sub penthouse apartment on the 14th floor in Rogers and Partner’s NEO Bankside, with river views.
3 bedrooms, 3 bathrooms, reception room, porter/concierge. EPC rating B.
Approximately 254 sq m (2,744 sq ft)
PimLiCo sW1VLeaseholdGuide price: £4,250,000
A stylish penthouse apartment with river views, interior designed to a high specification.
5 bedrooms, 4 bathrooms, 1-2 reception rooms, parking, porter/concierge. EPC rating E.
Approximately 347 sq m (3,735 sq ft)
souThBAnK sE1LeaseholdGuide price: £5,750,000
ChELsEA hArBour sW10LeaseholdGuide price: £8,750,000
BATTErsEA PArK sW11Share of freeholdGuide price: £5,950,000
The Panoramic Waterside Point
Beautifully renovated throughout, this riverside property has stunning views of the Thames and London skyline.
3 bedrooms, 3 bathrooms, reception room, 24 hour porter/concierge, leisure facilities, parking for 2 cars. EPC rating B.
Approximately 237 sq m (2,551 sq ft)
A stunning and rare five bedroom apartment for sale in Waterside Point with river and Albert Bridge Views.
5 bedrooms, 5 bathrooms, 2 reception rooms,porter/24 hour concierge, parking for 3 cars. EPC rating B.
Approximately 318 sq m (3,423 sq ft)
647Every day Knight Frank Riverside
properties are viewed
times through our award-winning website
+44 20 3597 7670 [email protected] KnightFrank.co.uk/riverside
RIVERSIDE SALES 33RIVERSIDE SALES32
The market: Riverside is a fast moving and rapidly expanding market that covers many areas of London, with only the river view as a common denominator. Some areas are stronger than others in terms of pricing and others in desirability or value for money.
our outlook: There are a lot of overpriced properties on the market, which often distort statistics reporting the length of time a property is available before being sold. We predict that realistically priced property on the river will remain strong with healthy levels of sales and will climb steadily into the next year. The ‘off-plan’ riverside market will continue to be robust, with the majority of sales taking place to foreign buyers living in the Far East and other emerging markets.
Who buys here: Global buyers, with UK and Western Europe leading the way.Buyers from the Asian countries are leading ‘off-plan’ sales.
SALES OVERVIEW SALESBY NUMBERS
103%On average
we have achieved
of the guide price on sales in the past six months
46%On average
of our iPhone/iPad app downloads are byinternational users
SALES INSIGHT
Chinese buyers want brand new property in excellent condition. Middle Eastern buyers prefer property with at least one bathroom per bedroom, plus one for guests and a separation between sleeping and living areas.
Our team in action: We recently marketed a flat in a well-known Riverside building along with two other agents. This buyer had not considered the river previously, but was blown away with the views, and amenities. We negotiated the full askingprice and our client accepted the offer. The client was delighted with the price we achieved, the buyer is thrilled to have an amazing apartment and we beat the other agents to a sale.
sold in the Albion riverside Building
matthew smith Head of Sales
Neo Bankside Thames Quay
A stunning sub penthouse apartment on the 14th floor in Rogers and Partner’s NEO Bankside, with river views.
3 bedrooms, 3 bathrooms, reception room, porter/concierge. EPC rating B.
Approximately 254 sq m (2,744 sq ft)
PimLiCo sW1VLeaseholdGuide price: £4,250,000
A stylish penthouse apartment with river views, interior designed to a high specification.
5 bedrooms, 4 bathrooms, 1-2 reception rooms, parking, porter/concierge. EPC rating E.
Approximately 347 sq m (3,735 sq ft)
souThBAnK sE1LeaseholdGuide price: £5,750,000
ChELsEA hArBour sW10LeaseholdGuide price: £8,750,000
BATTErsEA PArK sW11Share of freeholdGuide price: £5,950,000
The Panoramic Waterside Point
Beautifully renovated throughout, this riverside property has stunning views of the Thames and London skyline.
3 bedrooms, 3 bathrooms, reception room, 24 hour porter/concierge, leisure facilities, parking for 2 cars. EPC rating B.
Approximately 237 sq m (2,551 sq ft)
A stunning and rare five bedroom apartment for sale in Waterside Point with river and Albert Bridge Views.
5 bedrooms, 5 bathrooms, 2 reception rooms,porter/24 hour concierge, parking for 3 cars. EPC rating B.
Approximately 318 sq m (3,423 sq ft)
647Every day Knight Frank Riverside
properties are viewed
times through our award-winning website
RIVERSIDE SALES 35RIVERSIDE SALES34
+44 20 3597 7670 [email protected] KnightFrank.co.uk/riverside
Albion Riverside Chester Penthouse Battersea Reach St George Wharf
A two/three bedroom flat for sale in Albion Riverside with views of the River Thames and Albert Bridge.
2/3 bedrooms, 3 bathrooms, 1/2 reception rooms, porter/concierge, leisure facilities, parking. EPC rating C.
Approximately 191 sq m (2,056 sq ft)
The Chester penthouse offers wonderful views of the London skyline from its large private rooftop terrace. 3 bedrooms, 3 bathrooms, reception room, roof terrace, porter/concierge, leisure facilities. EPC rating B.
Approximately 284 sq m (3,060 sq ft)
BATTErsEA PArK sW8LeaseholdGuide price: £1,550,000
ChELsEA sW10LeaseholdGuide price: £3,950,000
This beautifully appointed property has been carefully designed with attention to detail for the most discerning resident.
5-7 bedrooms, 5 bathrooms, 1-3 reception rooms, patio/terrace, roof terrace, porter/concierge, leisure facilities. EPC rating C.
Approximately 457 sq m (4,927 sq ft)
Generous outside space and upgraded internal specification as well as spacious living areas and master bedroom suite all add to the apartments features.
4 bedrooms, 5 bathrooms, reception room, porter/concierge. EPC rating C.
Approximately 317 sq m (3,418 sq ft)
BATTErsEA PArK sW11LeaseholdGuide price:£3,250,000
ChELsEA sW1WLeaseholdGuide price: £5,950,000
WAnDsWorTh sW18LeaseholdGuide price: £7,250,000
VAuXhALL sW8LeaseholdGuide price: £5,000,000
FuLhAm sW6LeaseholdGuide price: £2,000,000
ChELsEA sW1WLeaseholdGuide price: £1,250,000
Chelsea Bridge Wharf CHELSEA HARBOURIMPERIAL WHARF Grosvenor Waterside
This beautifully presented apartment on the sixth floor has been finished to immaculate standards. 2 bedrooms, 2 bathrooms, reception room, porter/concierge. EPC rating D.
Approximately 102 sq m (1,101 sq ft)
This extremely impressive penthouse apartment in Chelsea Crescent has been completely and beautifully renovated.
3 bedrooms, 3 bathrooms, reception room, 2 parking spaces, porter/concierge. EPC rating C.
Approximately 258 sq m (2,787 sq ft)
A unique and modern apartment in Imperial Wharf near the Kings Road. The property is spread over the seventh floor with 180 degree, floor to ceiling views of the River Thames and City.
3 bedrooms, 3 bathrooms, reception room, porter/concierge. EPC rating B.
Approximately 168 sq m (1,808 sq ft)
Finished to a high standard throughout, views of the Thames and dock are enjoyed from the private fifth floor balcony.
2 bedrooms, 2 bathrooms, reception room, porter/concierge, leisure facilities, private parking. EPC rating B.
Approximately 74 sq m (796 sq ft)
RIVERSIDE SALES 35RIVERSIDE SALES34
+44 20 3597 7670 [email protected] KnightFrank.co.uk/riverside
Albion Riverside Chester Penthouse Battersea Reach St George Wharf
A two/three bedroom flat for sale in Albion Riverside with views of the River Thames and Albert Bridge.
2/3 bedrooms, 3 bathrooms, 1/2 reception rooms, porter/concierge, leisure facilities, parking. EPC rating C.
Approximately 191 sq m (2,056 sq ft)
The Chester penthouse offers wonderful views of the London skyline from its large private rooftop terrace. 3 bedrooms, 3 bathrooms, reception room, roof terrace, porter/concierge, leisure facilities. EPC rating B.
Approximately 284 sq m (3,060 sq ft)
BATTErsEA PArK sW8LeaseholdGuide price: £1,550,000
ChELsEA sW10LeaseholdGuide price: £3,950,000
This beautifully appointed property has been carefully designed with attention to detail for the most discerning resident.
5-7 bedrooms, 5 bathrooms, 1-3 reception rooms, patio/terrace, roof terrace, porter/concierge, leisure facilities. EPC rating C.
Approximately 457 sq m (4,927 sq ft)
Generous outside space and upgraded internal specification as well as spacious living areas and master bedroom suite all add to the apartments features.
4 bedrooms, 5 bathrooms, reception room, porter/concierge. EPC rating C.
Approximately 317 sq m (3,418 sq ft)
BATTErsEA PArK sW11LeaseholdGuide price:£3,250,000
ChELsEA sW1WLeaseholdGuide price: £5,950,000
WAnDsWorTh sW18LeaseholdGuide price: £7,250,000
VAuXhALL sW8LeaseholdGuide price: £5,000,000
FuLhAm sW6LeaseholdGuide price: £2,000,000
ChELsEA sW1WLeaseholdGuide price: £1,250,000
Chelsea Bridge Wharf CHELSEA HARBOURIMPERIAL WHARF Grosvenor Waterside
This beautifully presented apartment on the sixth floor has been finished to immaculate standards. 2 bedrooms, 2 bathrooms, reception room, porter/concierge. EPC rating D.
Approximately 102 sq m (1,101 sq ft)
This extremely impressive penthouse apartment in Chelsea Crescent has been completely and beautifully renovated.
3 bedrooms, 3 bathrooms, reception room, 2 parking spaces, porter/concierge. EPC rating C.
Approximately 258 sq m (2,787 sq ft)
A unique and modern apartment in Imperial Wharf near the Kings Road. The property is spread over the seventh floor with 180 degree, floor to ceiling views of the River Thames and City.
3 bedrooms, 3 bathrooms, reception room, porter/concierge. EPC rating B.
Approximately 168 sq m (1,808 sq ft)
Finished to a high standard throughout, views of the Thames and dock are enjoyed from the private fifth floor balcony.
2 bedrooms, 2 bathrooms, reception room, porter/concierge, leisure facilities, private parking. EPC rating B.
Approximately 74 sq m (796 sq ft)
RIVERSIDE LETTINGS 37RIVERSIDE LETTINGS36
+44 20 3597 7680 [email protected] KnightFrank.co.uk/riverside
The market: The London Riverside market is thriving and, day-to-day, a very exciting and fast paced place to work. Ours is a volume market and in the last nine months our three offices covering the river delivered 44% of all new tenancies across the London lettings business.
our outlook: The outlook for the Riverside market is the best it’s been for years. Development over the next three to five years is huge. Our hope and our concern is that demand keeps pace with supply. The quality of these developments is improving with every scheme and caters very well for the increasing demands of an international audience.
Who rents here: In 2012, Knight Frank rented and sold to 86 different nationalities! However, we rent to a lot of corporates relocating from overseas who are used to newbuild, lifestyle properties as well as wealthy mature students. Ours is not really a family market.
LETTINGS OVERVIEW
96%On average
we have achieved
of the asking price within the last 12 months
62%of our tenants
are international
LETTINGSBY NUMBERS
LETTINGS INSIGHT
My concern for the market is oversupply. Landlords are advised to continue to invest in their properties and be mindful of the newcomers, pricing accordingly to keep the attention of a fickle marketplace.
Our team in action: In just the first three months of 2013 the Riverside team concluded over 25 successful lets in Grosvenor Waterside, a smart development just over Chelsea Bridge on the North bank of the Thames. This equated to over 50% of total business done in the development, our closest competitor at 19%. Our focus on the river is our strength.
Grosvenor Waterside sW1
High specification modern apartment
State-of-the-art accommodation
Caro Point, Grosvenor Waterside
NEO Bankside
A beautifully presented one bedroom apartment finished to a high specification situated on the fourth floor within Caro Point.
Bedroom, bathroom, open plan kitchen/reception room, balcony, 24 hour concierge, onsite gym and spa, secure underground parking by negotiation. EPC rating B. Approximately 47 sq m (503 sq ft)
A fantastic two/three bedroom apartment presented to an immaculate standard throughout and situated on the seventh floor within this award-winning development.
2/3 bedrooms, 2 bathrooms, open plan kitchen/reception room, winter garden, 24 hour concierge. EPC rating C. Approximately 153 sq m (1,643 sq ft)
ChELsEA sW1Available furnished or unfurnishedGuide price: £545 per week
souThBAnK sE1Available furnishedGuide price: £1,195 per week
215countries in the past 12 months
Our website has been viewed by people from
Giles Barrett Head of Lettings
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
RIVERSIDE LETTINGS 37RIVERSIDE LETTINGS36
+44 20 3597 7680 [email protected] KnightFrank.co.uk/riverside
The market: The London Riverside market is thriving and, day-to-day, a very exciting and fast paced place to work. Ours is a volume market and in the last nine months our three offices covering the river delivered 44% of all new tenancies across the London lettings business.
our outlook: The outlook for the Riverside market is the best it’s been for years. Development over the next three to five years is huge. Our hope and our concern is that demand keeps pace with supply. The quality of these developments is improving with every scheme and caters very well for the increasing demands of an international audience.
Who rents here: In 2012, Knight Frank rented and sold to 86 different nationalities! However, we rent to a lot of corporates relocating from overseas who are used to newbuild, lifestyle properties as well as wealthy mature students. Ours is not really a family market.
LETTINGS OVERVIEW
96%On average
we have achieved
of the asking price within the last 12 months
62%of our tenants
are international
LETTINGSBY NUMBERS
LETTINGS INSIGHT
My concern for the market is oversupply. Landlords are advised to continue to invest in their properties and be mindful of the newcomers, pricing accordingly to keep the attention of a fickle marketplace.
Our team in action: In just the first three months of 2013 the Riverside team concluded over 25 successful lets in Grosvenor Waterside, a smart development just over Chelsea Bridge on the North bank of the Thames. This equated to over 50% of total business done in the development, our closest competitor at 19%. Our focus on the river is our strength.
Grosvenor Waterside sW1
High specification modern apartment
State-of-the-art accommodation
Caro Point, Grosvenor Waterside
NEO Bankside
A beautifully presented one bedroom apartment finished to a high specification situated on the fourth floor within Caro Point.
Bedroom, bathroom, open plan kitchen/reception room, balcony, 24 hour concierge, onsite gym and spa, secure underground parking by negotiation. EPC rating B. Approximately 47 sq m (503 sq ft)
A fantastic two/three bedroom apartment presented to an immaculate standard throughout and situated on the seventh floor within this award-winning development.
2/3 bedrooms, 2 bathrooms, open plan kitchen/reception room, winter garden, 24 hour concierge. EPC rating C. Approximately 153 sq m (1,643 sq ft)
ChELsEA sW1Available furnished or unfurnishedGuide price: £545 per week
souThBAnK sE1Available furnishedGuide price: £1,195 per week
215countries in the past 12 months
Our website has been viewed by people from
Giles Barrett Head of Lettings
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
RIVERSIDE LETTINGS 39RIVERSIDE LETTINGS38
+44 20 3597 7680 [email protected] KnightFrank.co.uk/riverside
Brand new dual aspect apartment Award-winning design and contemporary living space
Spectacular far reaching views Contemporary living space with river views
Grosvenor Waterside NEO Bankside
Battersea Reach Chelsea Bridge Wharf
A brand new two bedroom apartment finished to a high specification situated within the final phase at Grosvenor Waterside.
2 bedrooms, 2 bathrooms, open plan kitchen/reception room, 24 hour concierge, onsite gym and spa, secure underground parking by negotiation. EPC rating B.
Approximately 75.81 sq m (816 sq ft)
Interior designed to a high specification, a smart one bedroom apartment situated on the 12th floor providing fantastic views of the City.
Bedroom, bathroom, open plan kitchen/reception room, 24 hour concierge. EPC rating C.
Approximately 53 sq m (570 sq ft)
An impressive river-facing three bedroom penthouse to rent in Baltimore House providing outstanding views and fantastic entertaining space.
3 bedrooms, 3 bathrooms, dressing room, open plan kitchen and reception room, large terrace, 2 balconies, 24 hour concierge.EPC rating C.
Approximately 248 sq m (2,669 sq ft)
Beautifully presented two bedroom river-facing apartment within a prime position in Centurion Building, Chelsea Bridge Wharf.
2 bedrooms, 2 bathrooms, open plan kitchen and reception room, large balcony, 24 hour concierge. EPC rating C.
Approximately 80 sq m (861 sq ft)
ChELsEA sW1Available furnished or unfurnishedGuide price: £850 per week
souThBAnK sE1Available furnishedGuide price: £595 per week
BATTErsEA sW18 BATTErsEA PArK sW8Available unfurnishedGuide price: £2,000 per week
Available unfurnished Guide price: £850 per week
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
RIVERSIDE LETTINGS 39RIVERSIDE LETTINGS38
+44 20 3597 7680 [email protected] KnightFrank.co.uk/riverside
Brand new dual aspect apartment Award-winning design and contemporary living space
Spectacular far reaching views Contemporary living space with river views
Grosvenor Waterside NEO Bankside
Battersea Reach Chelsea Bridge Wharf
A brand new two bedroom apartment finished to a high specification situated within the final phase at Grosvenor Waterside.
2 bedrooms, 2 bathrooms, open plan kitchen/reception room, 24 hour concierge, onsite gym and spa, secure underground parking by negotiation. EPC rating B.
Approximately 75.81 sq m (816 sq ft)
Interior designed to a high specification, a smart one bedroom apartment situated on the 12th floor providing fantastic views of the City.
Bedroom, bathroom, open plan kitchen/reception room, 24 hour concierge. EPC rating C.
Approximately 53 sq m (570 sq ft)
An impressive river-facing three bedroom penthouse to rent in Baltimore House providing outstanding views and fantastic entertaining space.
3 bedrooms, 3 bathrooms, dressing room, open plan kitchen and reception room, large terrace, 2 balconies, 24 hour concierge.EPC rating C.
Approximately 248 sq m (2,669 sq ft)
Beautifully presented two bedroom river-facing apartment within a prime position in Centurion Building, Chelsea Bridge Wharf.
2 bedrooms, 2 bathrooms, open plan kitchen and reception room, large balcony, 24 hour concierge. EPC rating C.
Approximately 80 sq m (861 sq ft)
ChELsEA sW1Available furnished or unfurnishedGuide price: £850 per week
souThBAnK sE1Available furnishedGuide price: £595 per week
BATTErsEA sW18 BATTErsEA PArK sW8Available unfurnishedGuide price: £2,000 per week
Available unfurnished Guide price: £850 per week
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
41RIVERSIDE – LET properties
MontevetroBATTErsEA sW11 Guide price: £1,600 per week
Albion RiversideBATTErsEA sW11 Guide price: £2,000 per week
Imperial WharfFuLhAm sW6 Guide price: £425 per week
Chelsea HarbourChELsEA sW10 Guide price: £2,450 per week
Grosvenor WatersideChELsEA sW1 Guide price: £560 per week
Battersea ReachBATTErsEA sW18 Guide price: £850 per week
40 RIVERSIDE – sold properties
Grosvenor WatersideChELsEA sW1W Guide price: £1,250,000
Albion RiversideBATTErsEA PArK sW11 Guide price: £1,600,000
Parliament ViewGuide price: £1,000,000
MontevetroBATTErsEA sW11LAmBETh sE1 Guide price: £1,900,000
Imperial WharfFuLhAm sW6 Guide price: £2,750,000
St George WharfVAuXhALL sW8 Guide price: £1,175,000
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
LET
LET
LET
LET
LET
LET
+44 20 3597 7680 [email protected] KnightFrank.co.uk/riverside+44 20 3597 7670 [email protected] KnightFrank.co.uk/riverside
41RIVERSIDE – LET properties
MontevetroBATTErsEA sW11 Guide price: £1,600 per week
Albion RiversideBATTErsEA sW11 Guide price: £2,000 per week
Imperial WharfFuLhAm sW6 Guide price: £425 per week
Chelsea HarbourChELsEA sW10 Guide price: £2,450 per week
Grosvenor WatersideChELsEA sW1 Guide price: £560 per week
Battersea ReachBATTErsEA sW18 Guide price: £850 per week
40 RIVERSIDE – sold properties
Grosvenor WatersideChELsEA sW1W Guide price: £1,250,000
Albion RiversideBATTErsEA PArK sW11 Guide price: £1,600,000
Parliament ViewGuide price: £1,000,000
MontevetroBATTErsEA sW11LAmBETh sE1 Guide price: £1,900,000
Imperial WharfFuLhAm sW6 Guide price: £2,750,000
St George WharfVAuXhALL sW8 Guide price: £1,175,000
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
LET
LET
LET
LET
LET
LET
+44 20 3597 7680 [email protected] KnightFrank.co.uk/riverside+44 20 3597 7670 [email protected] KnightFrank.co.uk/riverside
AREA42 WAPPING 43
Best known for: Tower Bridge, Tower of London, St. Katharine Docks.
Borough: Tower Hamlets
Area: Situated on the River Thames to the east of the City, the area is characterised by warehouse conversions, riverside pubs and cobbled streets, contrasted with stunning new glass structures.
Social and cultural attractions: Wilton’s is the world’s last surviving grand music hall, an atmospheric building offering a programme of diverse entertainment including theatre, music, comedy, cinema and cabaret. The Wapping Project is an arts venue and restaurant in a converted hydraulic power station. Wapping is also home to London’s oldest riverside pub, The Prospect of Whitby, while the nearby St. Katharine Docks boasts modern bars, restaurants, shops and a gourmet Friday food market.
Sports and leisure facilities: The Thames Path runs through Wapping and into the City, providing a picturesque route for walkers and joggers, while cyclists use the ‘cycling superhighways’. There is a watersports centre at Shadwell Basin and gyms at Fitness First on Thomas More Square and John Orwell Sports Centre. John Orwell also offers football and hockey clubs.
Our favourite places: Smith’s, the famous fish restaurant on the river; Prospect of Whitby, London’s oldest riverside pub; Gastronomica, a gourmet café and deli; and Hussey’s greengrocer and butchers on Wapping Lane.
WAPPINGAREAS COVERED E1W E1 E14 EC1 EC2 EC3 EC4 SE1
Getting around: Tower Hill, Tower Gateway, Shadwell, LimehouseWapping Overground, Limehouse
AREA42 WAPPING 43
Best known for: Tower Bridge, Tower of London, St. Katharine Docks.
Borough: Tower Hamlets
Area: Situated on the River Thames to the east of the City, the area is characterised by warehouse conversions, riverside pubs and cobbled streets, contrasted with stunning new glass structures.
Social and cultural attractions: Wilton’s is the world’s last surviving grand music hall, an atmospheric building offering a programme of diverse entertainment including theatre, music, comedy, cinema and cabaret. The Wapping Project is an arts venue and restaurant in a converted hydraulic power station. Wapping is also home to London’s oldest riverside pub, The Prospect of Whitby, while the nearby St. Katharine Docks boasts modern bars, restaurants, shops and a gourmet Friday food market.
Sports and leisure facilities: The Thames Path runs through Wapping and into the City, providing a picturesque route for walkers and joggers, while cyclists use the ‘cycling superhighways’. There is a watersports centre at Shadwell Basin and gyms at Fitness First on Thomas More Square and John Orwell Sports Centre. John Orwell also offers football and hockey clubs.
Our favourite places: Smith’s, the famous fish restaurant on the river; Prospect of Whitby, London’s oldest riverside pub; Gastronomica, a gourmet café and deli; and Hussey’s greengrocer and butchers on Wapping Lane.
WAPPINGAREAS COVERED E1W E1 E14 EC1 EC2 EC3 EC4 SE1
Getting around: Tower Hill, Tower Gateway, Shadwell, LimehouseWapping Overground, Limehouse
WAPPING SALES44
+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping
WAPPING SALES 45
Substantial three bedroom flat with glorious river views
Spacious penthouse with extensive terraces and river views
New Crane Wharf
Norfolk House
On the third floor of a highly regarded warehouse conversion, a spacious flat with a stunning reception room. The flat is in good order but could benefit from some updating.
3 bedrooms, 2 bathrooms, kitchen, parking, lift, 24 hour porterage.
Approximately 209 sq m (2,250 sq ft)
On the north bank of the river, just by the Millennium Bridge, a bright and spacious duplex extending to approximately 2,702 sq ft with a stunning double-height reception room and two parking spaces in the garage.
3/4 bedrooms, 4 bathrooms, 2/3 reception rooms, kitchen, dining room, roof terrace, balcony, porter, lift. EPC rating C.
Approximately 215 sq m (2,702 sq ft)
WAPPinG E1WShare of freeholdGuide price: £1,500,000
CiTy EC4VLeasehold 125 years approximately remaining Guide price: £3,550,000
The market: Super short supply has provoked multiple bids on the same property and disappointed buyers, as more and more people focus on Wapping and Limehouse as their first area of choice.
our outlook: The shortage of supply should ease as the new developments currently under construction come on stream and the bottleneck eases. However, there will always be a shortage of prime riverside properties as there is no land left for development and these properties will increase in value at a higher rate to those inland.
Who buys here: Increasingly, traditional central London buyers are being attracted to the area by the continued development of the infrastructure and ease of access by public transport – in particular the effect of Crossrail.
SALES OVERVIEW SALESBY NUMBERS
£19M
Knight Frank Wapping currently has in excess of
worth of sales
99%of the guide price on sales in
the past three months
On average we have achieved
113different countries have viewed
properties for sale
In the last three months alone, potential buyers from
SALES INSIGHT
The best thing to happen to the market would be for the area to go back to being a little more transient; there isn’t enough property to go around if everyone wants to stay!
Our team in action: Our client bought a warehouse flat with us, and simultaneously instructed us to sell his studio. The flat he was buying needed complete refurbishment and he needed somewhere to live while the work was being done, so bought a flat in Limehouse, in the short term. The renovation complete, they moved into it and our lettings department advised them on the letting of the Limehouse flat. They went on to buy a property in the country and so instructed us to sell the warehouse conversion which was agreed at a record price for the building! The investment property is currently for sale with Knight Frank Wapping.
Cinnabar Wharf
sarah shelley Head of Sales
WAPPING SALES44
+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping
WAPPING SALES 45
Substantial three bedroom flat with glorious river views
Spacious penthouse with extensive terraces and river views
New Crane Wharf
Norfolk House
On the third floor of a highly regarded warehouse conversion, a spacious flat with a stunning reception room. The flat is in good order but could benefit from some updating.
3 bedrooms, 2 bathrooms, kitchen, parking, lift, 24 hour porterage.
Approximately 209 sq m (2,250 sq ft)
On the north bank of the river, just by the Millennium Bridge, a bright and spacious duplex extending to approximately 2,702 sq ft with a stunning double-height reception room and two parking spaces in the garage.
3/4 bedrooms, 4 bathrooms, 2/3 reception rooms, kitchen, dining room, roof terrace, balcony, porter, lift. EPC rating C.
Approximately 215 sq m (2,702 sq ft)
WAPPinG E1WShare of freeholdGuide price: £1,500,000
CiTy EC4VLeasehold 125 years approximately remaining Guide price: £3,550,000
The market: Super short supply has provoked multiple bids on the same property and disappointed buyers, as more and more people focus on Wapping and Limehouse as their first area of choice.
our outlook: The shortage of supply should ease as the new developments currently under construction come on stream and the bottleneck eases. However, there will always be a shortage of prime riverside properties as there is no land left for development and these properties will increase in value at a higher rate to those inland.
Who buys here: Increasingly, traditional central London buyers are being attracted to the area by the continued development of the infrastructure and ease of access by public transport – in particular the effect of Crossrail.
SALES OVERVIEW SALESBY NUMBERS
£19M
Knight Frank Wapping currently has in excess of
worth of sales
99%of the guide price on sales in
the past three months
On average we have achieved
113different countries have viewed
properties for sale
In the last three months alone, potential buyers from
SALES INSIGHT
The best thing to happen to the market would be for the area to go back to being a little more transient; there isn’t enough property to go around if everyone wants to stay!
Our team in action: Our client bought a warehouse flat with us, and simultaneously instructed us to sell his studio. The flat he was buying needed complete refurbishment and he needed somewhere to live while the work was being done, so bought a flat in Limehouse, in the short term. The renovation complete, they moved into it and our lettings department advised them on the letting of the Limehouse flat. They went on to buy a property in the country and so instructed us to sell the warehouse conversion which was agreed at a record price for the building! The investment property is currently for sale with Knight Frank Wapping.
Cinnabar Wharf
sarah shelley Head of Sales
WAPPING SALES 47
Two bedroom flat on the river in Wapping
Elegant Georgian house by the river
Pelican Wharf
Pier Head
A very attractive two double bedroom apartment on the third floor of a super riverside development of only 13 flats. Extending to approximately 1,959 sq ft and with fabulous river views and a balcony.
Master bedroom with dressing areaand en suite bathroom, bedroom 2 with en suite shower room, reception room/dining room, kitchen/breakfast room, guest cloakroom, utility room, balcony, parking. EPC rating B.
Approximately 182 sq m (1,959 sq ft)
Double-fronted house with a charming bow front on the garden side, the house has been sensitively refurbished to a high standard.
Currently arranged with three reception rooms and four bedrooms and has the use of the square gardens.
Approximately 215 sq m (2,314 sq ft)
WAPPinG E1WFreeholdGuide price £2,350,000
WAPPING SALES46
Hermitage Court
Rotherhithe St.
Mission Building
Spice Court
With views over the recently refurbished central courtyard garden, an attractive flat in superb order. The flat has been totally modernised and refurbished with new kitchen, bathrooms, flooring and ceilings. EPC rating C.
Approximately 89 sq m (962 sq ft)
In old Rotherhithe, with a balcony directly over the river accessed from the generous sized reception room, the flat is on the second floor of a small purpose-built building and benefits from a parking space in the garage opposite.EPC rating C.
Approximately 85 sq m (915 sq ft)
Close to Limehouse, The Mission was built as a hostel for Sailors and converted approximately 12 years ago. The flat has been totally modernised with a west-facing balcony, good-sized reception room, open plan kitchen, shower room, parking. EPC rating E.
Approximately 79 sq m (860 sq ft)
WAPPinG E1WShare of freeholdGuide price: £1,400,000
WAPPinG E1WShare of freeholdGuide price: £580,000
LimEhousE E14Share of freeholdGuide price: £425,000
Within the popular Quay 430 development, a one bedroom flat extending to approximately 570 sq ft. The flat is in good order but would benefit from some upgrading. Bedroom, bathroom, reception room, kitchen, parking space, resident estate manager. EPC rating C.
Approximately 53 sq m (570 sq ft)
roThErhiThE sE16Leasehold 988 years approximately remainingGuide price: £700,000
WAPPinG E1WShare of freeholdGuide price: £345,000
+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping
WAPPING SALES 47
Two bedroom flat on the river in Wapping
Elegant Georgian house by the river
Pelican Wharf
Pier Head
A very attractive two double bedroom apartment on the third floor of a super riverside development of only 13 flats. Extending to approximately 1,959 sq ft and with fabulous river views and a balcony.
Master bedroom with dressing areaand en suite bathroom, bedroom 2 with en suite shower room, reception room/dining room, kitchen/breakfast room, guest cloakroom, utility room, balcony, parking. EPC rating B.
Approximately 182 sq m (1,959 sq ft)
Double-fronted house with a charming bow front on the garden side, the house has been sensitively refurbished to a high standard.
Currently arranged with three reception rooms and four bedrooms and has the use of the square gardens.
Approximately 215 sq m (2,314 sq ft)
WAPPinG E1WFreeholdGuide price £2,350,000
WAPPING SALES46
Hermitage Court
Rotherhithe St.
Mission Building
Spice Court
With views over the recently refurbished central courtyard garden, an attractive flat in superb order. The flat has been totally modernised and refurbished with new kitchen, bathrooms, flooring and ceilings. EPC rating C.
Approximately 89 sq m (962 sq ft)
In old Rotherhithe, with a balcony directly over the river accessed from the generous sized reception room, the flat is on the second floor of a small purpose-built building and benefits from a parking space in the garage opposite.EPC rating C.
Approximately 85 sq m (915 sq ft)
Close to Limehouse, The Mission was built as a hostel for Sailors and converted approximately 12 years ago. The flat has been totally modernised with a west-facing balcony, good-sized reception room, open plan kitchen, shower room, parking. EPC rating E.
Approximately 79 sq m (860 sq ft)
WAPPinG E1WShare of freeholdGuide price: £1,400,000
WAPPinG E1WShare of freeholdGuide price: £580,000
LimEhousE E14Share of freeholdGuide price: £425,000
Within the popular Quay 430 development, a one bedroom flat extending to approximately 570 sq ft. The flat is in good order but would benefit from some upgrading. Bedroom, bathroom, reception room, kitchen, parking space, resident estate manager. EPC rating C.
Approximately 53 sq m (570 sq ft)
roThErhiThE sE16Leasehold 988 years approximately remainingGuide price: £700,000
WAPPinG E1WShare of freeholdGuide price: £345,000
+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping
WAPPING LETTINGS48 WAPPING LETTINGS 49
Immaculately presented apartmentCapital Wharf
A beautiful apartment refurbished to the highest of standards and situated in the extremely popular Capital Wharf development.
Master bedroom with en suite bathroom, bedroom 2, shower room, reception room opening onto a private balcony, kitchen, entrance hall, direct river views to Tower Bridge and the Shard of Glass, porterage, parking. EPC rating C.
Approximately 97 sq m (971 sq ft)
WAPPinG E1WAvailable furnishedGuide price: £700 per week
+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping
The market: Despite a reduction in the number of tenants from thefinancial sector of The City and Canary Wharf towards the end of 2012 and the start of 2013, the rental market remains active with the many law firms,accountants, insurance companies and oil firms looking at relocating executives to London.
our outlook: The City and surrounding areas continue to grow in popularityyear on year. With the specification and facilities of the new developmentsincreasing with every new block being built, there has been a shift in thenumber of new tenants deciding to look in this area as apposed to westand Central London.
Who rents here: Single international corporate tenants in their 30s and 40s,working in the City and Canary Wharf and coming to London for two to threeyears on assignments.
LETTINGS OVERVIEW
LETTINGS INSIGHT
The Southbank continues to grow and improve. The new developments along the south side of the river, such as One Tower Bridge and One Blackfriars are very exciting and will offer stunning apartments with the best finishes and tenant facilities.
Our team in action: We work with a number of large blue chip companies, housing theirexecutives in properties in Wapping, The City and SE1. One company hada member of staff coming in to London needed somewhere to live quickly.We found him his dream apartment on the river and two weeks later hebrought two work colleagues to the office wanting similar flats, which we found for them that week.
Cinnabar Wharf, Wapping E1W
45%of our tenants
come from overseas
65%of our applicants come
via the Knight Frank website
72%of our let properties are priced between
£250 and £1,000 per week
Gary hall Head of Lettings
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
Dockside apartmentJacana Court
A beautifully presented, newly refurbished apartment to rent in the extremely popular City Quay development overlooking the charming St. Katharine Docks.
Master bedroom with en suite bathroom and private balcony, bedroom 2, shower room, reception room opening onto a dockside balcony, kitchen, wooden floors, secure parking, 24 hour porterage. EPC rating B.
Approximately 108 sq m (1,155 sq ft)
sT. KAThArinE DoCKs E1WAvailable furnishedGuide price: £775 per week
LETTINGSBY NUMBERS
WAPPING LETTINGS48 WAPPING LETTINGS 49
Immaculately presented apartmentCapital Wharf
A beautiful apartment refurbished to the highest of standards and situated in the extremely popular Capital Wharf development.
Master bedroom with en suite bathroom, bedroom 2, shower room, reception room opening onto a private balcony, kitchen, entrance hall, direct river views to Tower Bridge and the Shard of Glass, porterage, parking. EPC rating C.
Approximately 97 sq m (971 sq ft)
WAPPinG E1WAvailable furnishedGuide price: £700 per week
+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping
The market: Despite a reduction in the number of tenants from thefinancial sector of The City and Canary Wharf towards the end of 2012 and the start of 2013, the rental market remains active with the many law firms,accountants, insurance companies and oil firms looking at relocating executives to London.
our outlook: The City and surrounding areas continue to grow in popularityyear on year. With the specification and facilities of the new developmentsincreasing with every new block being built, there has been a shift in thenumber of new tenants deciding to look in this area as apposed to westand Central London.
Who rents here: Single international corporate tenants in their 30s and 40s,working in the City and Canary Wharf and coming to London for two to threeyears on assignments.
LETTINGS OVERVIEW
LETTINGS INSIGHT
The Southbank continues to grow and improve. The new developments along the south side of the river, such as One Tower Bridge and One Blackfriars are very exciting and will offer stunning apartments with the best finishes and tenant facilities.
Our team in action: We work with a number of large blue chip companies, housing theirexecutives in properties in Wapping, The City and SE1. One company hada member of staff coming in to London needed somewhere to live quickly.We found him his dream apartment on the river and two weeks later hebrought two work colleagues to the office wanting similar flats, which we found for them that week.
Cinnabar Wharf, Wapping E1W
45%of our tenants
come from overseas
65%of our applicants come
via the Knight Frank website
72%of our let properties are priced between
£250 and £1,000 per week
Gary hall Head of Lettings
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
Dockside apartmentJacana Court
A beautifully presented, newly refurbished apartment to rent in the extremely popular City Quay development overlooking the charming St. Katharine Docks.
Master bedroom with en suite bathroom and private balcony, bedroom 2, shower room, reception room opening onto a dockside balcony, kitchen, wooden floors, secure parking, 24 hour porterage. EPC rating B.
Approximately 108 sq m (1,155 sq ft)
sT. KAThArinE DoCKs E1WAvailable furnishedGuide price: £775 per week
LETTINGSBY NUMBERS
wapping LETTINGS 51wapping LETTINGS50
+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping
Luxury riverside apartment
Beautifully presented apartment Stylish riverside apartment
Charming warehouse conversionNEO BANKSIDE
New Crane Wharf HALCYON WHARF
St Thomas WharfStylish one bedroom apartment in the award-winning NEO Bankside development in SE1.
Boasting fully fitted open plan kitchens, contemporary bathroom suites, and wooden floors. Fitted to a high specification with interior designed furniture packages and comfort cooling. NEO Bankside benefits from a range of on-site facilities including an excellent 24 hour concierge service.EPC rating C.
Approximately 50 sq m (539 sq ft)
A lovely apartment in this popular warehouse conversion on Wapping High Street.
Refurbished to a good standard the property comprises 2 bedrooms, 2 bathrooms (1 en suite), a large reception room with exposed brick, kitchen, wooden floors, underground parking and 24 hour porterage. EPC rating C.
Approximately 111 sq m (1,189 sq ft)
Stunning spacious and light one bedroom apartment with fantastic views of the River Thames. Beautifully presented apartment, boasting modern fully fitted kitchen and luxury bathroom. Furnished to a high standard with wooden flooring throughout. EPC rating C.
Approximately 67 sq m (724 sq ft)
An immaculately presented apartment to rent in this characterful development on Wapping High Street.
2 bedrooms, 2 contemporary bathroom suites, reception roomwith double doors opening onto a private balcony, semi open plan kitchen, wooden floors and wonderful south-facing river views from all the principal rooms. EPC rating B.
souThBAnK sE1Available furnishedGuide price: £625 per week
WAPPinG E1W WAPPinG E1W
WAPPinG E1W
Available furnishedGuide price: £585 per week
Available furnishedGuide price: £525 per week
Available furnishedGuide price: £695 per week
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
wapping LETTINGS 51wapping LETTINGS50
+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping
Luxury riverside apartment
Beautifully presented apartment Stylish riverside apartment
Charming warehouse conversionNEO BANKSIDE
New Crane Wharf HALCYON WHARF
St Thomas WharfStylish one bedroom apartment in the award-winning NEO Bankside development in SE1.
Boasting fully fitted open plan kitchens, contemporary bathroom suites, and wooden floors. Fitted to a high specification with interior designed furniture packages and comfort cooling. NEO Bankside benefits from a range of on-site facilities including an excellent 24 hour concierge service.EPC rating C.
Approximately 50 sq m (539 sq ft)
A lovely apartment in this popular warehouse conversion on Wapping High Street.
Refurbished to a good standard the property comprises 2 bedrooms, 2 bathrooms (1 en suite), a large reception room with exposed brick, kitchen, wooden floors, underground parking and 24 hour porterage. EPC rating C.
Approximately 111 sq m (1,189 sq ft)
Stunning spacious and light one bedroom apartment with fantastic views of the River Thames. Beautifully presented apartment, boasting modern fully fitted kitchen and luxury bathroom. Furnished to a high standard with wooden flooring throughout. EPC rating C.
Approximately 67 sq m (724 sq ft)
An immaculately presented apartment to rent in this characterful development on Wapping High Street.
2 bedrooms, 2 contemporary bathroom suites, reception roomwith double doors opening onto a private balcony, semi open plan kitchen, wooden floors and wonderful south-facing river views from all the principal rooms. EPC rating B.
souThBAnK sE1Available furnishedGuide price: £625 per week
WAPPinG E1W WAPPinG E1W
WAPPinG E1W
Available furnishedGuide price: £585 per week
Available furnishedGuide price: £525 per week
Available furnishedGuide price: £695 per week
NB All potential tenants should be advised that, as well as rent, administration fees will apply when renting a property. Please ask for details of our charges.
53wapping – LET properties
NEO BanksidesouThBAnK sE1 Guide price: £3,250 per week
Swan Court sT. KAThArinE DoCKs E1W Guide price: £1,650 per week
Bridgeport PlaceWAPPinG E1W Guide price: £450 per week
Cormorant LodgesT. KAThArinE DoCKs E1W Guide price: £725 per week
Cinnabar WharfWAPPinG E1W Guide price: £925 per week
Spice Court WAPPinG E1W Guide price: £375 per week
52 wapping – sold properties
Wilkes Street sPiTALFiELDs E1 Guide price: £2,650,000
Exchange BuildingsPiTALFiELDs E1 Guide price: £895,000
Capital Wharf WAPPinG E1W Guide price: £875,000
Cinnabar WharfWAPPinG E1W Guide price: £1,625,000
Telfords YardWAPPinG E1W Guide price: £1,480,000
St Johns Wharf WAPPinG E1W Guide price: £1,450,000
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
LET
LET
LET
LET
LET
LET
+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping
53wapping – LET properties
NEO BanksidesouThBAnK sE1 Guide price: £3,250 per week
Swan Court sT. KAThArinE DoCKs E1W Guide price: £1,650 per week
Bridgeport PlaceWAPPinG E1W Guide price: £450 per week
Cormorant LodgesT. KAThArinE DoCKs E1W Guide price: £725 per week
Cinnabar WharfWAPPinG E1W Guide price: £925 per week
Spice Court WAPPinG E1W Guide price: £375 per week
52 wapping – sold properties
Wilkes Street sPiTALFiELDs E1 Guide price: £2,650,000
Exchange BuildingsPiTALFiELDs E1 Guide price: £895,000
Capital Wharf WAPPinG E1W Guide price: £875,000
Cinnabar WharfWAPPinG E1W Guide price: £1,625,000
Telfords YardWAPPinG E1W Guide price: £1,480,000
St Johns Wharf WAPPinG E1W Guide price: £1,450,000
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
LET
LET
LET
LET
LET
LET
+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping+44 20 7480 6848 [email protected] KnightFrank.co.uk/wapping
RESIDENTIAL SERVICES54
DIRECTORY
Global headquarters
+44 20 7629 8171 55 Baker Street London, W1U 8AN United Kingdom
Country Department
+44 20 7629 8171 [email protected]
international Department
+44 20 7629 8171 [email protected]
mayfair+44 20 7499 1012 [email protected]
notting hill+44 20 7229 0229 [email protected]
richmond (sales only)+44 20 8939 2800 [email protected]
riverside+44 20 3597 7670 [email protected]
south Kensington+44 20 7871 4111 [email protected]
st John’s Wood+44 20 7586 2777 [email protected]
Wandsworth (sales only)+44 20 8682 7777 [email protected]
Wapping & City+44 20 7480 6848 [email protected]
Wimbledon+44 20 8946 0026 [email protected]
Regional Offices sales & Lettings
Ascot+44 1344 624732 [email protected]
Cobham+44 1932 591600 [email protected]
London sales & Lettings
Battersea+44 20 3597 7670 [email protected]
Belgravia+44 20 7881 7722 [email protected]
Canary Wharf & royal Docks+44 20 7512 9955 [email protected]
Chelsea+44 20 7349 4300 [email protected]
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hampstead+44 20 7431 8686 [email protected]
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Regional Offices sales
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international
For a full listing of our international offices please visit KnightFrank.com
important notice
1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing (‘information’) as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Any computer generated images (CGI) are indicative only.
3. regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been
obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.
4. VAT: The VAT position relating to the property (where applicable) may change without notice.
Whilst every effort has been made to ensure the accuracy of the information contained in this publication, the publisher cannot accept responsibility for any errors it may contain. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission of Knight Frank LLP, 55 Baker Street, London W1U 8AN.
Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered office is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names. This report is published for general information only and not to be relied upon in any way. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever can be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of Knight Frank to the form and content within which it appears.
We put clients at the heart of what we do and our service levels are driven by our clients’ needs. As a result, we have created an environment that nurtures the best people in the business and genuinely allows us to give the best advice – the sort of advice you’d give your family. What can be a life-changing process for many people – buying, selling, renting, or letting a property – is handled with care, discretion, service, and professionalism at all times.
Below is an overview of our specialist teams and how they can help. If you can’t find what you are looking for here, please visit KnightFrank.co.uk/residential
Whether you are buying a beautiful house for personal enjoyment or want to invest in a portfolio of rental properties, we can help.
WHY KNIGHT FRANK
• Finding a property to rent• Arranging a tenancy• Rental property for corporates• Relocation services• Valuations• Services for landlords• Letting your property• Relocation services• Property management• Lettings management
For more information on renting, letting and property management with Knight Frank please contact Tim hyatt on +44 20 7861 5044 or visit KnightFrank.co.uk/lettings
renting, letting and managing residential property
• Finding a property to buy• Financing your purchase• Property search and acquisition• Services for international buyers• Investing in property portfolios• Valuations
Property in Central London please contact noel Flint on +44 20 7861 5020
UK property outside of London please contact David Peters on +44 1488 682 726
UK farms and estates please contact Clive hopkins on +44 20 7861 1064
International Property please contact Paddy Dring on + 44 20 7861 1061
Knight Frank’s property search service, The Buying Solution contact Philip selway on +44 20 7591 2647
For more information about financing and mortgage options with Knight Frank Finance, please contact simon Gammon on +44 20 7268 2581 or visit KnightFrankFinance.co.uk
Buying and selling residential property
• Valuations• Leasehold reform• Rural consultancy• Country house consultancy• Renewables and sustainability• Rural consultancy• Property research
To find out more about Knight Frank’s consultancy services contact David Peters on +44 20 7861 1067
Our world-class research team ensures that we lead the field in understanding the key drivers of the residential property market. This means that we price and market property to deliver a sale or rental in the most effective way.
To find out more about our research contact Liam Bailey on +44 20 7861 5133
Consulting and property research
• New Homes• Residential Development
For more information about our residential development team please contact stephan miles-Brown on +44 20 7861 5403
other areas of expertise
RESIDENTIAL SERVICES54
DIRECTORY
Global headquarters
+44 20 7629 8171 55 Baker Street London, W1U 8AN United Kingdom
Country Department
+44 20 7629 8171 [email protected]
international Department
+44 20 7629 8171 [email protected]
mayfair+44 20 7499 1012 [email protected]
notting hill+44 20 7229 0229 [email protected]
richmond (sales only)+44 20 8939 2800 [email protected]
riverside+44 20 3597 7670 [email protected]
south Kensington+44 20 7871 4111 [email protected]
st John’s Wood+44 20 7586 2777 [email protected]
Wandsworth (sales only)+44 20 8682 7777 [email protected]
Wapping & City+44 20 7480 6848 [email protected]
Wimbledon+44 20 8946 0026 [email protected]
Regional Offices sales & Lettings
Ascot+44 1344 624732 [email protected]
Cobham+44 1932 591600 [email protected]
London sales & Lettings
Battersea+44 20 3597 7670 [email protected]
Belgravia+44 20 7881 7722 [email protected]
Canary Wharf & royal Docks+44 20 7512 9955 [email protected]
Chelsea+44 20 7349 4300 [email protected]
Fulham+44 20 7751 2400 [email protected]
hampstead+44 20 7431 8686 [email protected]
hyde Park+44 20 7871 5060 [email protected]
islington+44 20 3657 7340 [email protected]
Kensington+44 20 7938 4311 [email protected]
Knightsbridge+44 20 7591 8600 [email protected]
marylebone+44 20 3435 6440 [email protected]
Esher+44 1372 464496 [email protected]
henley-on-Thames+44 1491 844900 [email protected]
Regional Offices sales
Basingstoke+44 1256 350600 [email protected]
Bath+44 1225 325999 [email protected]
Beaconsfield+44 1494 675368 [email protected]
Berkhamsted+44 1442 861610 [email protected]
Bristol+44 117 317 1999 [email protected]
Cheltenham+44 1242 246959 [email protected]
Cirencester+44 1285 659771 [email protected]
Exeter+44 1392 423111 [email protected]
Guildford+44 1483 565171 [email protected]
harrogate+44 1423 530088 [email protected]
haslemere+44 1428 770560 [email protected]
hereford+44 1432 273087 [email protected]
horsham+44 1403 339180 [email protected]
hungerford+44 1488 682726 [email protected]
oxford+44 1865 790077 [email protected]
sevenoaks+44 1732 744477 [email protected]
sherborne+44 1935 812236 [email protected]
stratford-upon-Avon+44 1789 297735 [email protected]
Sutton Coldfield+44 121 3627878 [email protected]
Tunbridge Wells+44 1892 515035 [email protected]
Virginia Water+44 1344 840020 [email protected]
Winchester+44 1962 850333 [email protected]
Worcester+44 1905 723438 [email protected]
scotland
Edinburgh+44 131 222 9600 [email protected]
Lauder+44 1578 722814 [email protected]
international
For a full listing of our international offices please visit KnightFrank.com
important notice
1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing (‘information’) as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Any computer generated images (CGI) are indicative only.
3. regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been
obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.
4. VAT: The VAT position relating to the property (where applicable) may change without notice.
Whilst every effort has been made to ensure the accuracy of the information contained in this publication, the publisher cannot accept responsibility for any errors it may contain. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission of Knight Frank LLP, 55 Baker Street, London W1U 8AN.
Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered office is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names. This report is published for general information only and not to be relied upon in any way. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever can be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of Knight Frank to the form and content within which it appears.
We put clients at the heart of what we do and our service levels are driven by our clients’ needs. As a result, we have created an environment that nurtures the best people in the business and genuinely allows us to give the best advice – the sort of advice you’d give your family. What can be a life-changing process for many people – buying, selling, renting, or letting a property – is handled with care, discretion, service, and professionalism at all times.
Below is an overview of our specialist teams and how they can help. If you can’t find what you are looking for here, please visit KnightFrank.co.uk/residential
Whether you are buying a beautiful house for personal enjoyment or want to invest in a portfolio of rental properties, we can help.
WHY KNIGHT FRANK
• Finding a property to rent• Arranging a tenancy• Rental property for corporates• Relocation services• Valuations• Services for landlords• Letting your property• Relocation services• Property management• Lettings management
For more information on renting, letting and property management with Knight Frank please contact Tim hyatt on +44 20 7861 5044 or visit KnightFrank.co.uk/lettings
renting, letting and managing residential property
• Finding a property to buy• Financing your purchase• Property search and acquisition• Services for international buyers• Investing in property portfolios• Valuations
Property in Central London please contact noel Flint on +44 20 7861 5020
UK property outside of London please contact David Peters on +44 1488 682 726
UK farms and estates please contact Clive hopkins on +44 20 7861 1064
International Property please contact Paddy Dring on + 44 20 7861 1061
Knight Frank’s property search service, The Buying Solution contact Philip selway on +44 20 7591 2647
For more information about financing and mortgage options with Knight Frank Finance, please contact simon Gammon on +44 20 7268 2581 or visit KnightFrankFinance.co.uk
Buying and selling residential property
• Valuations• Leasehold reform• Rural consultancy• Country house consultancy• Renewables and sustainability• Rural consultancy• Property research
To find out more about Knight Frank’s consultancy services contact David Peters on +44 20 7861 1067
Our world-class research team ensures that we lead the field in understanding the key drivers of the residential property market. This means that we price and market property to deliver a sale or rental in the most effective way.
To find out more about our research contact Liam Bailey on +44 20 7861 5133
Consulting and property research
• New Homes• Residential Development
For more information about our residential development team please contact stephan miles-Brown on +44 20 7861 5403
other areas of expertise
you know your property is in safe hands
WITH 244 OFFICES AROUND THE WORLD
With our network of global offices and international database of active buyers and tenants, the chances are that we already know who your buyer or tenant is.
Discover how Knight Frank can help you sell or let your property.
020 7768 1221 KnightFrank.co.uk
KNIGHT FRANK KNOWS the world
buyers and TENANTS From over 60 COUNTRIES
2799 WKF Global Reach_STAGE 3_for Local View 02 1 16/05/2013 17:12
