There are a number of highly desirable areas in Islington. The most renowned are Barnsbury and its neighbour Canonbury in the heart of the Borough. Both residential areas are home to quiet streets and wonderful garden squares. Georgian and Victorian family homes are plentiful in each location, offering space and aesthetics too.
Both areas have enjoyed rapid growth in the last three decades, becoming more upmarket as a result. They offer great competition for Chelsea and Kensington but have a slightly different view on social status. Council properties and rented homes sit alongside those that have been owned by families for generations. This creates a unique, diverse dynamic.
The changes in the areas have been stark. There are now all manner of boutique shops, cafes and restaurants on offer. North Bridge House opened in 2014, filling an important educational gap in the area. Previously there was no private secondary school on offer so families had restricted options. This is now resolved though and there is more choice.
The improvements in the area have seen wonderful rises in property prices. Barnsbury leads the way with average prices sitting at £887,000 according to Hamptons International. Canonbury is slightly behind at £815,000. Both are an impressive 25% or more above the average for the whole of Borough of Islington.
There is demand for homes to purchase and let in the area. Even with the fears that price rises may cease as a result of the cooling in Central London spreading to other upmarket areas they will both remain desirable.
At Finefair we are proud to help people seeking properties in Islington as well as owners who want to get the best when they come to letting. With the latter we can offer guaranteed rent schemes that will provide a stable income at a set rate every month. Many clients in the Borough choose this because it protects them from changes in prices and frees them from the task of finding tenants.
If you have any questions about guaranteed rent or our services in Islington simply get in touch and speak to a member of our team. They will be pleased to help.
