Clerkenwell is one of the most creative hubs in the whole world. According to the official figures there are more artists, designers, architects and similar professionals per sq/mile in the area than anywhere on Earth. This is an incredible statistic and tells you a great deal about what to expect. Surprisingly this is also one of the reasons why the town is home to some of the best options for property investment Islington has to offer.
Coming full circle
The incredible thing about Clerkenwell is that it was once an industrial hotspot. The close proximity to the centre of the city made it a prime destination for manufacturing as well as crafts. Across the area there are a number of converted warehouses that stand as hallmarks of past output. Many of these properties are now home to the next generation of businesses.
An interesting property mix
As you would expect from a central area with lots of history, the property scene is diverse. You can find plenty of Victorian and Georgian homes, including some very large family properties. In addition there are a number of new build flats and apartments. These are perfect for young professionals who want to buy as well as investors looking to attract renters.
Clerkenwell is home to some of the most innovative warehouse conversions in the world. Pioneering architects had the vision to transform these properties into loft style homes. They are now highly desired and command impressive values.
New transport links
Homes in Clerkenwell are already popular because of the array of amenities on offer and the desirability of the location. On top of this Crossrail will arrive in neighbouring Farringdon in December 2018. This will make the area a major transport hub. People living in the surrounding areas will benefit from these new connections.
If you are thinking about property investment Islington is a location you shouldn’t ignore. Although prices may be high there is excellent potential for growth in the future. In addition there is good rental demand.
Finefair is here to help investors who want to make a purchase. We can find the right property for you and offer advice about what to do next. Contact us today to find out more.