April 11, 2016

My Patch

Filed under: Latest News — Tags: , , , , — Frank Harris @ 10:19 am
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Tina Evans, Group Director

My Patch

Tina Evans, Group Director of Frank Harris & Company, Jackson-Stops & Staff’s associated offices in the City of London, tells us why she lives and breathes this unique part of London:

 

Where do you live and why?

I moved to the South Bank three years ago and love it here. I wanted an easy commute and most days I walk to my office in the City. My flat is off Lower Marsh, behind Waterloo station, which is a wonderfully quirky street with an excellent food market and a number of specialist shops you can’t find anywhere else in London.

 

What are the main changes you’ve seen in the time you’ve worked in the City?

The biggest change is that people now have their main home here whereas in the past it was largely a place people only stayed during the week. We’ve been selling flats in the Barbican for more than 30 years and it’s become a magnet for families, couples, empty nesters, even retirees, as have the rest of the City and surrounding areas. There’s so much more to do in the City now, especially in the evenings and on the weekends.

 

What are the latest trends in property design in the area?

People are far more design conscious nowadays. You see all sorts of flooring – wood, cork, rubber, for example, and a huge variety of kitchen worktops – concrete, granite, stainless steel, marble etc.

 

Where’s the best place to go for a Friday night cocktail?

Bird of Smithfield opposite Smithfield market has a lovely roof garden – great for a glass of Prosecco on a warm evening.

 

…and a perfect place for Sunday brunch?  

Capricci, round the corner from the Tate Modern, is a classic Italian that uses fresh ingredients.

The Vaults

The Vaults, SE1

Graffiti Tunnels

Graffiti Tunnels, SE1

 

 

 

 

 

 

 

 

 

 

 

And finally, tell us a little known fact about the area?

There’s a new development in Shoreditch that will include a 200-seat amphitheatre and heritage centre on the site of Shakespeare’s Curtain Theatre, which is where Romeo and Juliet and Henry V were first performed in 1577.

Email: tinaevans@frankharris.co.uk   Tel: 020 7600 7000

March 2, 2016

Put a touch of spring in your property

Filed under: Latest News — Frank Harris @ 11:14 am

img_1949_0_40a07cd4684b02a8_0_004b02a84b02a8“Calm, neutral colours can instantly brighten and freshen a home,” says property stylist Michele Haynes. She recommends repainting with Dulux Neutrals as a great way to give your property an instant lift, whether you are gearing up for a sale or just fancy a Spring spruce.

Michele Haynes can be contacted at m.haynes@haynesinteriors.co.uk or on 07984 884408.

Top London property market trends for 2016

Filed under: Latest News — Tags: , , , — Frank Harris @ 9:58 am
Nicholas Butterworth, CEO

Nicholas Butterworth, CEO

Predicting market movements is always more of an art than a science but there are aspects of the property market which provide good indicators for future trends. Our Chief Executive Officer, Nick Butterworth, explains his expectations on how the London property market will perform in 2016.

Last year the prime central London market was dampened by a series of events starting with the uncertainty surrounding the General Election, followed by tax changes introduced in the post-election budget. Commentators and agents now universally agree that the significant increases in Stamp Duty Land Tax and other tax changes affecting overseas owners and corporate ownership of property have had a marked affect on demand.

Latest figures from Land Registry show that prices increased by 3.6% in Kensington and Chelsea and by 6.1% in Westminster, significantly down on previous years. Notably, in the higher value market there was a 30% decrease in the number of properties sold above £5m in central London. We anticipate that those fiscal changes will continue to effect demand in prime central London where we forecast only marginal price increases of 1% to 2% this year. Looking at the wider market beyond the core, the imbalance in supply and demand will continue and we expect house prices to increase by approximately 5% across Greater London.

Since the start of 2016 we have seen an increase in registrations from both prospective purchasers and tenants in all our London offices and that continuing demand needs to be measured against supply. 2015 saw 47,000 units under construction in the capital, some 90% up on the last peak in 2007 according to EGi’s London Residential Research. With no sign of any significant concentration in supply, other than in certain locations such as the Vauxhall & Nine Elms Regeneration Area or further out in Croydon, demand is likely to exceed supply. Such demand is encouraged by the historically low interest rates and while there is constant talk of the inevitable increase in borrowing rates, the latest indications are that the Bank of England is not likely to raise rates before 2017.

Other factors we take in to account when forecasting market movements include the strength of sterling which has been losing strength against a number of currencies in the last few months and maxes UK property increasingly attractive to purchasers from overseas. To put this into context, transferring £1m to the UK today would cost a purchaser from the US $148,000 less than it would have in June 2015. Similar positive exchange benefits would apply to purchasers from Hong Kong, Singapore and the Middle East. Finally, employment and population growth are important factors to consider and data for both indicate decreasing unemployment and population growth across London this year.

With pricing and taxation reducing demand in prime central London last year, areas that have benefitted from an outward movement of purchasers included Richmond, Wimbledon and Weybridge. Those and other areas that showed a high level of activity and annual price growth in 2015 are likely to remain popular this year. These include the boroughs of Barking and Dagenham, Enfield, Lewisham and Merton.

In terms of lettings, the average rent should remain pretty stable in 2016. We anticipate a continuing softening in demand for high-value rented property with reduced requirements from the corporate sector but an increase in rent of between 3% and 5% for mid-range properties, where demand is greatest. The most in-demand properties are one and two bedroom apartments in Pimlico, Wimbledon and Teddington. Demand will continue for apartments in the City of London and we anticipate increased interest in areas such as Bloomsbury and Covent Garden. Traditionally we would have seen students dominating the rental market in these areas but we are now seeing more professionals moving in to take advantage of these excellent central locations. In terms of supply, new developments in Kings Cross, due to be completed this year will serve to satisfy demand and thus limit price growth in the locality.

While the global picture is concerning with the continuing distress in the Arab world, economic slowdown in China and renewed fears about the economic recovery in the Eurozone that have contributed to significant fluctuations in world stock markets, we see property in London remaining the safe haven that it has been for many years and demand albeit moderated from overseas combined with continuing domestic demand will support activity and prices but at lower levels than we have seen in recent years.

February 25, 2016

Fascinating Somerset House exhibition of post-war public art

Filed under: Latest News — Tags: , , , — Frank Harris @ 12:06 pm

CaptureA new exhibition at Somerset House tells the fascinating yet forgotten story of public art created in England in the forty years after the war.

The show features work by many of the country’s pioneering artists and includes bronze scale models of Elisabeth Frink’s Boar in Harlow and Barbara Hepworth’s Winged Figure on the side of John Lewis, Oxford Street. Out There follows the fates and fortunes of specific sculptures and reliefs by several celebrated artists including Ralph Brown, Geoffrey Clarke and Henry Moore.

The story of the art is told through scale models, photographs, drawings and letters. Some pieces have been lost and others damaged, moved or even destroyed. Many are enjoyed and loved throughout the country.

Art on show includes an ambitious fibre-glass architectural relief by Paul Mount that was saved from a skip by an enthusiast after its removal from a Falmouth supermarket. If it takes your fancy and you have the space, it is in need of a new home.

Also, on display is Trevor Tennant’s 1963 architectural relief that was designed for the entrance hall of Welwyn Garden City’s Queen Elizabeth II Hospital and rescued by a resident doctor.

This is Historic England’s first major exhibition and following their call for information on missing public art in December contains a wall of images of public art that has disappeared. It is hoped that visitors to the exhibition might know the whereabouts of some of the pieces shown.

Elisabeth Frink’s Boar in Harlow

Elisabeth Frink’s Boar in Harlow

Sarah Gaventa, who curated the exhibition, commented:

Out There is part cultural history and part detective story, a tale of the ambition to create a better world through art, and the fates and fortune of the work created for it.”

Out There: Our Post-War Public Art is on at Somerset House, East Wing Galleries, 3 February – 10 April  2016. Admission £6.50, concessions £5.00. somersethouse.org.uk

February 24, 2016

Come and visit our restyled South Bank and Waterloo office

Filed under: Latest News — Tags: , , , , — Frank Harris @ 10:31 am

FH Office receptionOur South Bank office has had a complete makeover that has transformed its whole look and feel.

From the outside you can’t fail to notice the state of the art window displays, brilliantly designed to showcase the properties we have for sale and rent.

Inside, the industrial chic interior blends in perfectly with our branding and makes it a lovely place to work, as well as meet clients and applicants.DSC01372

We had great feedback about the restyled office at our recent ‘relaunch’ party that was attended by a number of landlords, vendors, investors and relocation agents.

The office is in Stamford Street between Waterloo and Blackfriars Bridge and if you are in the area please pop in, say hello and take a look around.

If you would like to discuss the sale or letting of your South Bank or Waterloo property, please email Tony George at tonygeorge@frankharris.co.uk.

Frank Harris & Co.,
123 Stamford Street, London, SE1 9NN, 020 7620 3400.

February 23, 2016

Landlords beware: new ‘right to rent’ rules now in place

Filed under: Latest News — Tags: , , , , — Frank Harris @ 10:57 am

passport-576913_1280Landlords must carry out a ‘right to rent’ check on tenants taking new tenancies starting on or after 1 February 2016 

New rules that came into force on 1 February state that a person may only become a private tenant if they have a ‘right to rent’. The rules are intended to stop illegal immigrants entering into tenancies.

Tenants have a right to rent if they are a:

  • British citizen
  • citizen of a country in the EU or European Economic Area (EEA) or Switzerland
  • citizen of another country with no time limits on their permission to live in the UK (e.g. indefinite leave to remain)

Landlords (or their lettings agents) are required to check the right to rent status of tenants and anyone over the age of 18 who will be living in their property. No checks are necessary for children under 18 or guests.

Landlords will need to see a tenant’s passport or in the case of British or Irish citizens their birth certificate and another accepted proof of identity (such as a driving licence). In some circumstances where a tenant cannot supply the relevant documents, landlords can ask for a right to rent check from the Home Office.

Landlords are entitled to charge a fee for carrying out this check. It is a criminal offence for landlords not to make these checks and failure to do so carries a fine of up to £1,000 per illegal immigrant (and up to £3,000 for repeat offences).

For more information about the new rules, click here.

As letting agents, Frank Harris & Co. can carry out these checks on landlords’ behalf.

To find out how Frank Harris can take away the hassle of managing or renting out your property, please contact our management team on 020 7600 7000 or email propertymanagement@frankharris.co.uk.

February 22, 2016

Bloomsbury sales and lettings market snapshot

Filed under: Latest News — Tags: , , , , , — Frank Harris @ 9:22 am
Bloomsbury Plaza, London, WC1B

Bloomsbury Plaza, London, WC1B

It has been a busy start to the year in our Bloomsbury, King’s Cross & Fitzrovia and Holborn, Covent Garden and Soho offices. So much so that since the turn of the year, our Southampton Row has achieved 103% of asking price on all properties sale agreed.

A Grade II* listed freehold house in the Bloomsbury Conservation Area is just one of the outstanding properties we have on the market at the moment. Arranged over five levels, the interior-designed 19th century property is placed at the end of picturesque terrace overlooking the striking Regency-style St Pancras Church. Offering approximately 2,300 square feet, this is a beautiful, spacious family home with flexible accommodation on the market for £2.8m.

71143_ROL160012_L_IMG_00

Harlequin Court, London, WC2E

If an apartment is more your style, this is a rare opportunity to buy a luxury three bedroom apartment situated between Bloomsbury, Covent Garden and Oxford Circus. The apartment benefits from a lift and two private underground spaces as well as a video entry system and a porter. Price: £1,699,950.

If you are looking to rent rather than buy, you may be interested in this modern and stylish rental apartment set down a quiet side street in the heart of Covent Garden. Available for £995 per week, it has two large double bedrooms, two bathrooms and a bright open-plan kitchen/reception.

Details of all our sales and lettings properties across all our offices can be found on our website.

February 19, 2016

Four new townhouses for sale in vibrant Shoreditch

Filed under: Latest News — Tags: , , , , , — Frank Harris @ 1:39 pm
Dereham Place, London, EC2A

Dereham Place, London, EC2A

Frank Harris & Co is selling four new Shoreditch townhouses, each of which comes with a private balcony, high specification finish and its own integrated garage. You can take a virtual tour of the houses on our website here and here.

Shoreditch is renowned as one of London’s most vibrant districts, brimming with places to sleep, shop and eat. To give us a flavour of what buyers can expect from the area and to tell us a bit about its history, we spoke to London Blue Badge Tour Guide Pepe Martinez.

“It is right in the heart of one of London’s creative hubs and there is so much going on.

Twenty years ago it was an area you wouldn’t have taken your mother in law to visit never mind lived in. It has gone through this massive transformation that is particularly related to what is going on in Old Street and the ‘flat white economy’.

Did you know that between 2012 and 2014, there were 32,000 new start-ups within half a mile of the EC1V postcode mainly Internet based companies? Shoreditch has tapped right into the culture of these businesses.

As a result, it has changed so much. In 1993 there was a fair in Hoxton Square called ‘A Fete Worse than Death’ at which Damien Hirst sold painting for £1 and Tracy Emin is said to have given crystal ball readings. That is where it all began really – what is sometimes referred to as the artification of Shoreditch.

In terms of art, the area is associated with Banksy more than anyone else. In 2001 he held his first unofficial show when he spray-painted a dozen works in Rivington Street. The police closed the show down after three days. Two of the artworks can still be seen on the walls of the Cargo nightclub. The fact that Cargo is on private property explains why the artworks have survived so long.

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Dereham Place, London, EC2A

What makes Shoreditch special isn’t the buildings, it’s the vibe. It is very alive, you can feel the creativity and buzz. Redchurch Street was recently voted the trendiest street in the world by an American magazine.

There are new things opening all the time. Amazon’s new headquarters are going up at the moment. And as well as the Nobu hotel opening this year, there is the Courthouse Hotel on Old Street where the Magistrates’ Court used to be, and a new hotel and private members club, The Curtain.

Round the corner from that is a development called the Stage that is launching in March. This will be a 37-storey residential tower that will include shops and restaurants as well as a 200-seat amphitheater and heritage centre built on the site of Shakespeare’s Curtain Theatre. It was in this theatre that Romeo and Juliet and Henry V were first performed in 1577.

Dereham Place, London, EC2A

Dereham Place, London, EC2A

The history of Shoreditch is indelibly linked with Spitalfields next door. Huguenot silk weavers fled to London in their tens of thousands after 1685 when Louis XIV condoned state sanctioned persecution of Protestants in France. Most were craftsmen of some sort, watchmakers and especially silk weavers, a few of them quite wealthy merchants. They built themselves houses in Spitalfields and at the top of the houses they put in big attic rooms for their looms. One of these houses is open to the public: Dennis Severs’ House at 18 Folgate Street.”

The new Shoreditch townhouses Frank Harris & Co. has for sale are set in a courtyard in Dereham Place in the heart of Shoreditch, and hidden behind striking glass and timber exteriors. They are within easy walking distance of the City and close to several transport links. You can view full details of the properties on our website here and here. Asking price: £1,500,000.

Pepe Martinez is available to give Blue Badge walks all over London and be contacted
on 07956 919229 or via this
website.

February 11, 2016

Regency style Bloomsbury Freehold House

Filed under: Latest News — Tags: , , , — Frank Harris @ 12:55 pm

2 Duke's Road13_loAmazing Grade II* Listed interior-designed early 19th Century Freehold house arranged over five levels. Offering approximately 2,300 sq. ft. and placed at the end of a picturesque terrace.

With views overlooking the striking Regency style Saint Pancras Church, the property provides comfortable, bright accommodation for family and guests. A flexible offering of three to four bedrooms, two reception rooms with multiple aspects and high ceilings, two kitchens (one of which is by Plain English), three bathrooms, a utility room, plus a south west facing paved and walled garden and substantial basement vaults.

Set within the sought-after Bloomsbury Conservation area this wonderful home is a must see for anybody looking for a spacious home, in very good order and boasting plentiful original period features. MAR090080_19The convenient layout could allow the lower ground floor of the property to be used as a separate living accommodation.

 The house is well placed for access to Fitzrovia, the Bloomsbury Institutions and the Inns of Court, and enjoys excellent transport links from nearby stations: Euston, St Pancras International, King’s Cross and Russell Square.

 

December 1, 2015

Commemorative plaque on Downing Court

Old Building

c.1929 of 8-10 Grenville Street

PlaqueYesterday, 30th November, saw the unveiling of the Marchmont Association’s commemorative plaque to JM Barrie, the famous author of Peter Pan who moved to London in 1885 to pursue a career in writing. He initially took lodgings in Guilford Street and Grenville Street here in Bloomsbury.

Whilst Peter Pan was not written at the time Barrie lived in the area he nonetheless placed the Darlings’ home on Grenville Street with views overlooking Brunswick Square.

The photo c.1929 of 8-10 Grenville Street cross referenced with a map of 1799 shows that No. 8 was on the corner of Grenville Street and Bernard Street, with windows facing into Brunswick Square – a perfect fit with the narrative suggested by Barrie scholars.

Frank Harris & Co. is delighted to be one of the donors to the cost of the plaque which now sits proud on this popular and attractive block of flats known as Downing Court whose design echoes the shape of an old Nurses’ Home run by the Throat Nose and Ear Hospital on Gray’s Inn Road was demolished in 1938 and replaced the following year by the present-day apartment building.

 Building

November 18, 2015

Show apartment for Barbican’s Blake Tower available to view from Thurs 19 November

202_2_Bed_Living_08The opening of the Blake Tower show apartment marks the launch of the next phase of the sale of Redrow Homes’ collection of 74 sleek new Barbican apartments. The development comprises studio, one, two and three bedroom apartments and penthouses in the Grade II listed tower designed by Barbican architects Chamberlin, Powell and Bon.

The building shares the Barbican’s iconic lines and concrete finish and Conran and Partners have integrated these features into the new living spaces. The interiors celebrate and refine the building’s 217_2Bed_Kitchen_Cameoheritage while at the same time reimagining the Barbican for today’s discerning Londoner.

Residents of Blake Tower will benefit from full access to the extensive residents’ amenities of the Barbican, including dedicated daytime concierge and allocated underground parking (by separate agreement).

Features of the Blake Tower development:

  • New 150 year leases
  • A 10 year building warranty
  • Close to Farringdon Station, a key Crossrail hub when it opens in 2018.

Blake Tower is due to be completed in Q1 2017.

214_Bathroom_CameoThe show apartment and marketing suite for Barbican’s Blake Tower development by Redrow Homes opens on Thursday 19 November. 

For more information about Blake Tower or if you would like to visit the show apartment, please contact us on 020 7600 7000.

New South Bank development built around central courtyard garden

Filed under: Latest News — Tags: , , , , , , , — Frank Harris @ 10:24 am

 

3163_Valentine_Place_CGI_A smallValentine Place, SE1 is a collection of 42 new homes nestled around a central courtyard garden on the vibrant South Bank. The development by Crest Nicholson comprises one, two and three bedroom apartments, penthouses, duplexes and mews houses from £730,000.

The contemporary warehouse style blends with the retained period façade of the Maltina bakery building that was formerly on the site. The development is in a quiet road moments from Southwark underground station.

Features of the development include:

  • Modern interiors with full height doors, hard wood flooring, Siemens appliances and luxury bathrooms
  • Most apartments served by passenger lifts
  • Concierge service
  • Cycle storage with secure access
  • Local car sharing club within 160m

3163_Valentine_Place_CGI_C smallThe South Bank is home to some of London’s most iconic landmarks, including the National Theatre, Tate Modern and the London Eye. It is also a cultural hub with an abundance of cafes and restaurants. This, and the Southbank Centre’s many festivals, makes it the most dynamic stretch of the Thames.

Valentine Place is in Zone 1 and is highly accessible for public transport:

  • Southwark Station – 320m (Jubilee line)
  • Waterloo Station – 480m (National Rail, Jubilee, Northern, Waterloo & City and Bakerloo Underground lines)
  • Blackfriars Station – 800m away (National Rail, District and Circle Underground lines).

The development is expected to complete in the summer of 2016.

If you would like to visit the sales suite at 42 Southwark Street, London SE1 please contact Frank Harris & Co.’s South Bank sales office on 020 7620 3400.

November 17, 2015

Winter Lighting Tips from the ‘London House Doctor’

Filed under: Latest News — Tags: , , , , , — Frank Harris @ 6:33 pm

Glass_Pendants_HR3With the evenings drawing in, now is the perfect time to think about your lighting.  We asked the ‘London House Doctor’ Michele Haynes for tips on how to light up your home this winter.

Lighting should be multi-layered and you should bear in mind that that there are three main types of lighting.

Firstly, there is ambient lighting. This is the general lighting of your room and sets the background.  This could be down lights, table lamps and wall lights.

Next, is task lighting such as undermounted kitchen cupboard lights, wall mounted or bathroom cabinet lights.

Finally, there is the lighting you use to create the mood you want for different times of the day. For example, feature lighting can draw attention to a particular item in the room, such as a wall light mounted above your favourite piece of art or a niche in the wall with special artefacts.Glass_Pendants_HR1

This is where dimmers are incredibly useful. They enable you to bring the ambient lighting down low and let the feature light shine and create drama in a room.

How to plan your lighting

If you have bought a new property that needs renovating, sketch out a lighting plan before you start your works. You don’t want to damage any beautifully painted walls at a later date.

Curiousa_PearDropsThe first thing to consider is how your furniture will be laid out. Then plan your lighting using the three layers mentioned above and remember any special items you would like to highlight or become a feature.

Walls often get overlooked, so consider putting in up-lighters, wall washes and picture lights.  People tend to look at the walls not the ceilings when entering spaces, so don’t just focus just on the pendant.

TIP: If you plan to place your sofa in the middle of the room, try to put a few sockets in the floor, so that you can add a side light and avoid a trailing flex.

Current lighting trends

Wood and coloured glass is strong at the moment.  Look at Tom Raffield’s wooden lights or Curiousa & Curiousa’s fantastic hand blown lights.

For more information contact Michele Haynes at m.haynes@haynesinteriors.co.uk www.haynesinteriors.co.uk or on 07984 884408.
All the above lights by Curiousa & Curiousa.

November 16, 2015

Market your property now to catch the Christmas surge

Filed under: Latest News — Tags: , , , , — Frank Harris @ 12:15 pm

houseWhat will you be doing this Boxing Day? Searching for bargains at the sales, going to a football match or perhaps lying on the sofa watching your new box set? Whatever your choice, one thing is certain. People all over the UK will be house hunting online.

Winter used to be a dead time to sell property but the ‘festive surge’ means it is now one of the busiest times of the year.

Figures released by Rightmove show that last December/January they achieved record figures, with the days from Boxing Day onwards seeing a huge surge. The total number of visitors to the site in the month to 15 January was 106m, up 27% compared to last year.

And page views, the best indicator of activity on the site, surpassed 1.5 billion for the first time. Online viewers were browsing more than 1,000 pages every second. As a result, email and telephone enquiries to agents reached 4.3m for the first time.

All of these facts and figures show that the festive period is a time when more people think about moving than at any other time of year. So, if you are serious about selling your property, don’t wait until the New Year or you risk missing the festive rush.

If you would like to discuss marketing your property before Christmas, please contact us now.

Graph

November 13, 2015

Still room for growth in London new homes market

Zoe Mercer ColourAs 2015 draws to a close, we spoke to Zoe Mercer, Frank Harris & Co. and Jackson-Stops & Staff’s Associate Director, Residential Development about the current new homes market and what to expect in 2016

Q: What trends are you noticing in the new homes market at the moment?

ZM: The biggest demand over the past couple of years has been for one bedroom flats of around 570sq.ft. This appeals to the biggest demographic for rental – singles or couples, even sharers. These have been particularly popular with overseas buyers.

In recent weeks we’ve noticed a slight change in the buyer demographic. We’ve sold a number of new homes, including penthouses, to older couples buying in London for the weekends – a kind of reverse Pied a Terre. You would think penthouses would be bought by people working in the City but it’s been couples of 60 plus, the so-called ‘grey pound’. These buyers have cash funds, or enough collateral to raise a loan and want to leave a legacy for their children.

Q:  Do you still think there is room for rental and capital growth in London?

ZM: Absolutely. Yields in London tend to be lower than outside the capital but capital growth is consistently higher. Many buyers are focusing more on long-term capital growth and the opportunities are still there. For example, in SE1 (Waterloo and the South Bank) prices are still only £1,000 per square foot compared to £1,500 plus in other parts of the capital. It’s only a 10-minute walk across Blackfriars Bridge to the City so that represents fantastic value.

Q: Which areas would you advise buyers to look out for?

ZM: Elephant & Castle is the last area in Zone 1 that is ripe for incredible capital growth. The area is undergoing a £3b regeneration in a partnership between developer Lend Lease and Southwark Council. There are plans for around 3,000 new homes, new shops, restaurants and schools, and improved transport links. It’s a great location only around a mile from Westminster and a hop over the bridge into the City so it’s got everything going for it. Prices were around £500 to £600 per square foot and are now hitting £1,000 per square foot but there’s still plenty of room for growth.

CGI

Embassy Works, SW8 is an example of a niche development with an interesting history

ZM: Definitely. Blake Tower, the new Barbican development, is a good example. The developer Redrow is using a well-known interior designer, Conran and Partners, to do the interiors. They’re giving the apartments a level of style and detail that goes far beyond what we used to see in new developments. For example, all the kitchen joinery is bespoke and has the feel of quality furniture. The kitchen has terazzo work surfaces and splashbacks and the bathroom vanity basins are hand-finished with integrated brass handles. People expect that level of quality and craftsmanship nowadays.

Q: What are your expectations for 2016?

ZM: We have a number of new developments coming through, some of them more boutique schemes rather than big towers. We find that many owner-occupiers are looking for something a bit more niche. For example, we’ve got a development coming on the market in the Strand that has amazing views over the Law Courts. Another in Kensington Garden Square is built around one of London’s beautiful squares and one in Buckingham Gate overlooks Buckingham Palace. People like to buy a property that stands out from the norm and has a story behind it. I think we’ll see more of this type of development in the New Year.

To speak to Zoe about buying a new home in London, please call her on 020 7664 6649
or email her at zoemercer@jackson-stops.com

 

September 16, 2015

Time for Tea

Filed under: Latest News — Tags: , , , — Frank Harris @ 12:13 pm

Our very own Rebecca Herd, Lettings Negotiator at our Southbank/Waterloo office, was absolutely thrilled to receive this beautiful bone china teacup and set of coasters as a thank you from a happy tenant who has just moved into a new flat this week. Please do pop into our office on Stamford Street to discuss your own letting requirements over a cup of tea, we would be delighted to see you.

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September 11, 2015

Embassy Works development now – Prices from £535,000

Filed under: Latest News — Tags: , , , , — Frank Harris @ 12:07 pm

 

Law 1

CGI of Embassy Works

There are still apartments available to buy in Embassy Works, a development of 39 loft apartments in a luxurious Victorian warehouse conversion overlooking Vauxhall Park.

The development, by leading boutique residential developer Bmor, comprises studios, one, and two bedroom apartments, including two breathtaking penthouses. Completion is due in December 2015 and the apartments are available to buy now off plan.

With exposed brickwork in each apartment, period features stylishly showcasing its heritage, and the best in contemporary interior design, Embassy Works offers a unique slice of London’s history.

 

 

Features of the development include:

  • Landscaped communal pocket gardens
  • Designed by renowned interior designers hám interiors
  • Zone 1 location, 300m from Vauxhall Station (London Underground Victoria Line, National Rail) and Vauxhall Bus Station
  • The regeneration of the Nine Elms area will bring some 18,000 new homes, 25,000 new jobs, new schools, parks, retail, markets and cultural hubs
  • The American Embassy and Dutch Embassy are both relocating to the area, with rumours of the Chinese Embassy following suit

Built in the late 1800s, it is believed Embassy Works began its life as a laundry warehouse, servicing the upmarket hotels and households of central London. Such is the quality of the materials used in its construction, the development boasts an array of period features, including decorative archways and window detailing. All of which serves as a reminder of the attention-to detail lavished on even industrial buildings built at this time.

Transforming this heritage building into a collection of luxury loft apartments has been a real process of love. Working with renowned interior designers, hám interiors, the vision was to create homes that are the antitheses of the glass towers that dominate the London skyline. Homes that offer the best of contemporary design but retain a genuine sense of individuality. Homes for people who like their luxury with distinctly more history and originality.

Law2

CGI of Embassy Works

Vauxhall’s rise to become one of London’s most exciting districts is a real case of history repeating itself. From the mid 17th to mid 19th centuries, Vauxhall Pleasure Gardens were one of London’s leading entertainment venues hosting the most famous singers and musicians of the day, tightrope walkers, balloon ascents and firework displays.

Its programme of events made it a playground for Londoners and thousands flocked to visit. A rehearsal of Handel’s Music for the Royal Fireworks attracted an audience of 12,000 and in 1786, a fancy dress jubilee was host to some 61,000 enthusiastic partygoers.

Embassy Works, Vauxhall SW8

  • Prices from £535,000
  • From 417 sqft/38.7 sqm
  • Leasehold: 999 years

For more information and full details about Embassy Work and prices, please call us on 020 7620 3400.

September 9, 2015

Another chance to buy a new apartment in the Barbican’s Blake Tower

Filed under: Latest News — Tags: , , , , , — Frank Harris @ 7:08 pm
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Blake Tower

There is a further chance to snap up an apartment in the Barbican’s Blake Tower in October when the next phase of the redeveloped former YMCA building goes on sale.

The 17-storey building is being converted into 74 studio, one, two and three bedroom apartments by Redrow Homes London and is due to complete in Q3 2017.

The Fann Street building was designed by Barbican architects Chamberlin, Powell and Bon and is a fine example of the Estate’s brutalist style. The Grade II-listed building has the Barbican’s trademark pick and bush hammered concrete exterior.

The building was completed in 1968 and immediately let rent-free by the City Corporation to the YMCA. There were eight floors for men and four for women, prudishly separated by a floor with rooms for staff.

202805_BAR150136

Blake Tower

The apartments will feature stunning interiors designed by Conran and Partners. The Grade II listing means that the exterior is being left largely unchanged, including its striking external fire escape.

Features of the development include:

  • Close to Farringdon station – a key Crossrail hub when it opens in 2018
  • Full access to the extensive residents’ amenities of the Barbican
  • Dedicated daytime concierge
  • Allocated underground parking (by separate agreement)
  • New 150 year leases
  • 10 year building warranty

For news about the launch and more information about Blake Tower, email sales@blaketower.com or call us on 020 7600 7000.

September 4, 2015

Important new requirement on landlords to install smoke and carbon monoxide alarms

Filed under: Latest News — Tags: , , , — Frank Harris @ 10:05 am

match-631729_1280We all know that we should have working smoke alarms in our homes. Yet even when you find out that you are four times more likely to die without a smoke alarm than with one and around 200 people die in house fires every year, it is one of those chores it is easy to keep putting off.

But soon landlords will no longer have the option to ‘overlook’ this safety necessity.  Although the legislation may not come into force on 1 October 2015, it’s enforcement is imminent and landlords will be legally required to install and check smoke and carbon monoxide alarms in their properties.

The law will apply to landlords renting residential accommodation to one or more tenants who occupy the property as their home.

The key requirements are:

  1. A smoke alarm must be fitted on every floor of the property where there is a room used wholly or partly as living accommodation.
  2. A carbon monoxide alarm must be placed in any room where solid fuel is burnt, such as wood, coal or biomass. This includes open fires but does not include gas, oil or LPG.
  3. Landlords will have to make sure the alarms work at the start of every tenancy, for example by pressing the test button until the alarm sounds.
  4. Landlords are also required to demonstrate that the alarms are working at the start of the tenancy. To prove this, we will advise landlords to get a receipt signed by the tenant confirming that the smoke and carbon monoxide alarms are working. Alternatively, it should be added to the inventory signed by the tenant at check-in.

A few things to note:

  1. A bathroom or toilet is classed as a room used for living accommodation.
  2. A ‘room’ includes a hall or landing, and stairways also fall within the regulations. So, if you have a flat above a shop but you enter through stairs on the ground floor, a smoke alarm will be required in the stairway.

The new rules will be enforced by local authorities who will have the right to impose a fixed penalty charge (like a parking ticket) of up to £5,000 on landlords who do not comply.

If you have any queries about the new rules or would like to find out about Frank Harris & Co.’s property management services, please call Wendy Akast on 020 700 6000 or email wendyakast@frankharris.co.uk

September 3, 2015

Open House London – 4 not to be missed events

Filed under: Latest News — Tags: , , , , , — Frank Harris @ 8:27 am

OHLWLogo2015Open House London, a celebration of the buildings, places and spaces we live and work in, returns on 19 and 20 September. More than 700 buildings across the capital will open their doors to the public this year and the diversity is breathtaking. As well as award-winning homes and iconic skyscrapers, you will find pumping stations and sports centres, community gardens and a dredger.

Open House also includes a host of walks, talks, tours and cycle rides. And best of all, everything is free.

To save you having to pour over the programme (although part of the fun is seeking out hidden treasures opened up for the festival), we’ve picked out an event in each of our areas for you to enjoy.

BloomsburyMcCann London Offices, 7-11 Herbrand Street, London WC1N 1EX This Grade II listed building is a rare (possibly unique) example of art deco architecture applied to the building of a multi-storey garage. Built in the 1930s as a Daimler car hire garage, it features an eye-catching steep ramped access.

The building is now used as an office by leading advertising agency McCann, who will be offering guided tours of the building.

BarbicanEXHIBIT Gallery, Golden Lane Estate, 20 Goswell Road, EC1M 7AA, London, England

The Golden Lane Estate is both literally and metaphorically overshadowed by its hulking brother, the Barbican Estate. Comparisons are relevant as both estates were designed by the same architects, Chamberlain, Powell & Bon.

The Golden Lane Estate opened in 1957, six years before its neighbour, and although less celebrated has its own virtues. The Grade II listed estate is an early example of modernist architecture but is less brutal than the Barbican and its mainly low-rise design gives it a more comforting, domestic feel.

FitzroviaBT Tower, 45 Maple Street, W1T 4BG, London, England BT_Tower copy

Once described as ‘a supermodel version of a dalek’, the BT Tower celebrates its 50th birthday this year. For many years, the Post Office Tower (as it was then called) was the tallest building in the UK and up to 4,000 people a day would visit its viewing tower. It even had a revolving restaurant and cocktail bar on the 34th floor – the high point (literally) of 60s chic.

Sadly, it has been closed to the public since 1980 but access is available by ballot during Open House. A pop up revolving restaurant will also be opening later in the year.

South Bank – Culture Crawl London – Friday 18 September 2015

Not strictly on the South Bank, Culture Crawl is a 15-mile fundraising night walk across London that gives walkers the chance to experience some of its culture, art and architecture in an unusual and an uplifting way.

The walk is in aid of Maggie’s, a charity that provides free support for people affected by cancer. As well as taking in some of the capital’s most inspirational buildings, those taking part will get the first look at Chinese artist and activist Ai Weiwei’s new sculpture at the Royal Academy of Arts, before it opens to the public.

Buildings visited will include The Foreign and Commonwealth Office, Chelsea Physic Garden and Foster + Partners Studio.

Walkers are asked to commit to raise £200 for the charity.

Open City takes place on the weekend of 19 and 20 September 2015. All events are free.   events.londonopenhouse.org

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