Hurford Salvi Carr, expert real estate agent for the Docklands, West End and City believes the smaller boutique development would be protected from the downward pressures of the real estate market due to constant demand for high-features apartments in well known areas.
Hurford Salvi Carr’s City branch office Director Paul Driscoll, expects to see property demand start to outdo supply in this property market. Thus far they have experienced very small slow down in the owner-occupier enquiries for single and double bedrooms apartments and penthouses in the boutique buildings in places such as the City , Clerkenwell and Bloomsbury. Inspirational, design-driven apartments in the main places have a great target market which includes successful lawyers, young bankers and creatives who have a good idea of what they actually want and the income to finance it,” says Paul.
A great example of this kind of development is The Wenlock Building in the Islington by famous developers Londonewcastle and Modern City Living and marketed by the Hurford Salvi Carr.
Only fourteen buildings remain since its release in 2007 and completed in 2008. Located on the Regent’s Canal and few yards away there is Islington , Shoreditch and Upper Street, The Wenlock Building is perfectly situated for the City Living and has an interior features certain to impress both family and friends!
Another such appartments is Seven Lothbury, EC2; the renovation of the Grade II listed Italianate apartment straight opposite to the Bank of England. Residents would benefit from incorporated BOSE entertainment features and packages in all apartments. “This is a wonderful renovation of just eleven single and double bedroom apartments and a penthouse with the roof terrace. The limited availability of these buildings adds to the uniqueness of the address and interior features and the period architecture appeal to buyers’ love of design, both contemporary and traditional ,” comments Paul.
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