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London Zone 1 | Barbican - A fortified outpost of London

A fortified outpost of London - Barbican

 

Barbican - Region Background and Development

 

The Barbican is located in the East District of London, in the centre of the City of London, close to Old Street, Shoreditch and Bank Station. The Barbican Estate is a large building area located in this area. It is one of the representative buildings of British Brutalism. The high floors are residential buildings, and there is a pool in the middle of the base.

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The location of the Barbican Estate was originally one of the ancient city gates of the City of London, but it was heavily bombed in World War II, and it was not until 1957 that residential buildings began to be built. Its design concept is to create an urban settlement with its own schools, churches, etc., so in the entire building complex, in addition to high-rise residential buildings, schools, museums, conservatories, libraries, art galleries, etc. are also planned. The entire project was completed in 1982 and was unveiled by Queen Elizabeth II!

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In 2001, the British Minister of Culture, Tessa Blackstone, announced that it would be classified as a Grade II Listed Building due to the overall scale, design and planning of the Barbican Estate.

 

Barbican - Location and Traffic

 

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The Barbican is located on the Hammersmith and City Line and the Circle Line. It is a ten-minute walk to the black line Moorgate or the Old Street Station Old Street. It's also a stone's throw away.

 

Barbican - Life and Recreation

 

When it comes to the Barbican, one cannot fail to mention the Barbican Arts Centre! The Barbican Arts Centre was opened in 1982. The centre regularly holds music, drama, film programs and art exhibitions. It is a large performing arts centre in Europe. The Concert Hall of the Barbican Arts Centre is also the resident venue of the famous London Symphony Orchestra and the BCC Symphony Orchestra, and was even the resident venue of the Royal Shakespeare Company of London!

Life in the Barbican District is also very convenient. The famous British high-end supermarkets Waitrose, Sainsbury, and Tesco have everything you expect! The Barbican is also close to Bank Station and Liverpool Street Station, whether it is Bank of China, Barclays Bank, etc., you can easily find service bases! Liverpool Street Station also has a direct link to London Stansted Airport, just 50 minutes!

 

 

Barbican - Local Education

 

According to Ofsted, an authoritative office for standards in education in the UK, in the Barbican area there are:

 

Primary School

SchoolAgeGrade
St Alban’s Church of England Primary School3-11Outstanding
Hugh Myddelton Primary School2-11Outstanding
Christopher Hatton Primary School3-11Outstanding
St George the Martyr Church of England Primary School3-11Outstanding

 

Secondary School

SchoolAgeGrade
Central Foundation Boys’ School11-18 Boys’ SchoolOutstanding
Elizabeth Garrett Anderson School11-16 Girls' SchoolOutstanding
Mulberry Academy Shoreditch11-19Outstanding
London Nautical School11-18 Boys' SchoolGood

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Ten minutes’ walk from the Barbican, there is also Cass Business School of London City University, which is the top ten business schools in the UK and ranked in the top 20 of the QS Global 250 Business Schools in 2017.

 

Barbican - Property Market

 

Let's take a look at Zoopla's data  of the average sales and rental prices in the Barbican area:

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Barbican - Council Tax

 

Council RateTax Pay
Brand A£648.44  
Brand B£756.51 
Brand C£864.59 
Brand D£972.66 
Brand E£1,188.81 
Brand F£1,404.95
Brand G£1,621.10 
Brand H£1,945.32 


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Landlord Fees

Letting Only: - 12% (Inc VAT)

Management Only: 7.2% (Inc VAT)

Letting & Management: 19.2% (Inc VAT)

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Tenant Permitted Payments

Refundable Holding deposit: - Capped at 1 weeks rent

Security Deposit: Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent: The agreed monthly rent

Changes to tenancy Capped at £50 inc VAT

Early termination charge: Not exceeding the landlord’s financial losses

Late payment of rent: Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys: Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc: Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme: Membership details C0009130

Property Redress Scheme Membership details TPO N01995