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London Zone 1 | Islington - The Best Georgian and Victorian Properties

The Best  Georgian and Victorian Properties - Islington

 

Islington - Region Background and Development

 

Islington is located in the first district of London, across North London and a part of the north of central London. The southern part of Islington is bordered by the City of London, and Camden Town borders. Because Islington is close to the centre of London and the CBD, and UCL, UOL, LSE, London Metropolitan University are all very close to here, coupled with convenient transportation, Islington is one of the main residential areas in London, and at the same time It is also the first choice of many white-collar workers and students.

 

 

 

Islington - Location and Traffic

 

Islington has very convenient transportation, with the Northern Line, Victoria Line, Piccadilly Line, Overground and trains all crossing the Islington area. Because of the Metro Northern Line, it usually takes only 10 minutes to reach Chinatown and central London, and it takes only 2 minutes to reach London King's Cross Station by subway to transfer to British domestic trains and Eurostar trains.
At the same time, it takes 1 hour to take the Piccadilly Line of the subway to London Heathrow Airport directly, and it takes only 40 minutes to reach London Gatwick Airport by taking the Victoria Line and train.

 

Islington - Life and Recreation

 

In terms of life, Islington is also very convenient. The area contains the four major supermarket chains in the UK, six major banks, multiple cinemas, two major hospitals, many GPs, etc. There are Chinese restaurants, Italian restaurants, British western restaurants, Japanese cuisine, Thai cuisine, Vietnamese cuisine, etc. in the centre of Islington.

 

In addition to these basic necessities of life, Islington can still meet your other needs for eating, drinking and having fun! Around Islington, there is Camden Town full of artistic retro atmosphere, and Camden Market has cuisines from many countries, restaurants and bars gather, so you don’t have to worry about life not being rich enough.

In addition, the Angel Central Shopping Centre in Islington is enough to go shopping for a day on weekends. If you don’t want to go shopping, there are many high-end boutiques around, and you can go to Angel Central if you are tired. Check out the latest movies at the Vue Cinema in the Shopping Centre.

The nightlife in Islington is also very rich! There are the famous FabricXX club whose floors even can shake, and the Egg London Nightclub, which was shortlisted in the "World's Top 100 Nightclubs".

 

Islington - Local Education

 

There are many prestigious schools in and around Islington, including private schools, primary schools, and secondary schools.

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

 

Private School

SchoolAgeCouncil
North Bridge House Senior Canonbury11-18Islington
Dallington School3-11Islington
The Village School3-11Islington

 

Primary School

SchoolAgeGrade
William Tyndale Primary School3-11Outstanding
St John’s Highbury Vale CofE Primary School3-11Outstanding
Gillespie Primary School3-11Outstanding

 

Secondary School

SchoolAgeGrade
North Bridge House Senior Canonbury11-19Outstanding
Highbury Fields School11-18Outstanding
Richard Cloudesley School11-18Outstanding

 

Islington - Property Market

 

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

From the chart, we can see that the prices of detached houses in Islington are very different from those in other areas. They are in a lower price range, while semi-detached and terraced houses prices are relatively similar, and the average price is about twice that of a detached house.

Over the past five years, the average price of houses and apartments in Islington has been half that of semi-detached and terraced houses. However, generally speaking, the values of these four types of houses are relatively stable and belong to residential real estate.

Then let's look at more detailed statistics, about the average price of buying and renting a house:

Through the data of Zoopla, we can find that the price of one-bedroom flats in Islington is higher than that of one-bedroom houses, and the price of two-bedrooms is relatively close, but the price of three- and four-bedrooms is still slightly higher. Rents for one-bedroom flats and two-bedroom houses are similar, but three-, four-, and five-bedroom houses are all more expensive than flats.

 

Islington - Council Tax

 

Council tax is a tax that must be paid every month whether you buy a house or rent a house. It can be classified as a necessary fixed cost, so you should check the council tax in the area before buying or renting a house.

Council tax in the Islington area:

Council RateTax Pay
Brand A£993.11
Brand B£1,158.64
Brand C£1,324.15
Brand D£1,489.67
Brand E£1,820.70
Brand F£2,151.75
Brand G£2,482.78
Brand H£2,979.34


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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