Surge Of Interest In Trendy East London Hotspot

Major London new homes agency JLL has seen a spike in interest for homes in new developments in one of east London’s most sought-after districts, Shoreditch.

Pete Gibney, director at JLL Shoreditch, said: “Shoreditch is so perfectly located, being a short walk from Brick Lane, Islington, tech city and the financial district. Residents still choose this area as it benefits from an ideal blend of traditional historic streetscapes, canals and pubs as well as vibrant restaurants, bars and nightlife.

“Furthermore, the much anticipated Crossrail Line is just a short walk away so Shoreditch will only get even better connected via rail and Tube. This micro-location has gained huge popularity in recent years as city and central London workers want quick and convenient access to the office but need to live somewhere vibrant and authentic. As a result this area has become a hotspot for both investment and owner-occupiers.”

Here are some of the more in-demand-current developments in the Shoreditch area:

The Arc

Occupying a prominent corner in Shoreditch, this sustainably designed residential development is inspired by the skyscrapers of the New York city skyline. While the first seven floors comprise 150,000 sq ft of office space, the upper 15 floors contain residential apartments which are environmentally friends, including fully electric meaning its CO2 emissions are 30% lower than multi-fuel buildings. The scheme offers a screening room, yoga studio, fitness suite and golf simulation room as well as independent restaurant. Prices currently range from £700,000 to £1.18million.

The Makers

With 175 new homes, The Makers sits between the vibrancy and dynamism of the Shoreditch area and the financial district of the City of London. With Sky Garden duplexes across the 25th and 28th floors, the development includes a screening room, a gym, a spa treatment room and three generous communal lounges which allow for the perfect balance between home and office living. Prices range from £595,000 to £1.345million.

HKR Hoxton

HKR brings 66 urban residences to Hoxton. Raised on Hackney Road, HKR is situated close to both the heart of Hoxton and Shoreditch. Being in a Zone 1 location, the scheme sits within easy reach of Shoreditch High Street and Hoxton Overground stations, as well as Old Street, and Liverpool Street stations taking you into the City and beyond. The building itself is exceptional, designed by Hawkins Brown Architects, it features toned weathering steel frames spanning the façade. The metal repairs itself, constantly evolving – painted by the rain, bleached by the sun and sculpted by the wind. Prices range from £499,999 to £1.23million.

Long & Waterson

Long & Waterson is an exclusive residential development comprising one-, two-, three- and four-bedroom luxury lofts, apartments and penthouses. A short walk from the City, Columbia Road Market and Old Street, residents are spoilt for choice in the hub of London’s most vibrant area whilst still benefiting from the luxury and tranquillity of this premium residential offering. Current prices range from £665,000 to £1.49million.

Case study: Stephen and Robyn at Long & Waterson

New homeowners Dr Stephen Hampson and Mrs Robyn Hampson recently purchased their two-bedroom apartment with a city view terrace in the newly completed Long & Waterson development.

They commented: “Although we were interested in a few areas, we chose Shoreditch for its proximity to the City and the surrounding vibrant atmosphere with high-quality cafés, restaurants, bars, pubs and interesting shopping. Since moving here, we have loved the versatility of the area, allowing walks up to Broadway market and along the Canal and now we can even enjoy a pint along the waterfront on an evening.

“The Long & Waterson development offered an amazing view of the City and we’re lucky enough to enjoy a large south-facing terrace which offers a great back-up plan for the summer. With high-quality fittings and lots of light, working from home is easy and enjoyable and with lockdown restrictions easing, given its location we now have a number of co-working spaces opening up so it’s great to have this option for working for a change of scenery.

“With five adult children who live abroad, we are hoping that in the future this will be somewhere they will enjoy visiting and will make use of the apartment for many years to come.”

Find out more at www.jll.co.uk.

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