Five top places to invest in property in Islington

If you’re considering buying a property in London, Islington should be top on your list of potential locations. The borough has been extensively regenerated in recent years, which has had a knock-on effect on house prices. Despite this fact, some areas remain very affordable – making them an excellent investment opportunity.

Here are five of the best areas in Islington to purchase a property right now.

 

Five top places to invest in property in Islington

Highbury

Highbury has enjoyed a real surge in popularity in recent years. This is partly due to its leafy streets and plentiful amount of green space – something that many people felt the lack of during the COVID-19 lockdown. It’s also viewed by many as an affordable alternative to Islington, with the price of a one-bedroomed flat being as low as £150,000 as part of the shared ownership scheme.

The regeneration of the 60 acres of land between Highbury and Caledonian Road (undertaken by Arsenal Football Club) has also boosted interest in the area. As such, it’s well worth exploring the local market before property prices start to rise even further.

Finsbury Park

Finsbury Park has changed beyond recognition in the last couple of decades. Extensive redevelopment has resulted in plenty of interest from property investors and businesses, and it’s now become a dynamic area; synonymous with independent retailers, start-up ventures and creative enterprises alike.

The park itself was restored a few years ago, thanks to a £5million pay-out from the Heritage Lottery Fund. The City North development provided another incentive for homebuyers to invest here; as it brought 350 new apartments to the region, along with new restaurants, shops and a cinema.

Holloway

Holloway’s popularity has soared since the prison closed. It’s regarded as an excellent alternative to pricier locations (such as Highgate) – and developers have been busy in the area, creating thousands of new homes for prospective buyers.

This is also a great area to consider if you love Victorian properties. There’s a wealth of townhouses from this time-period in Holloway, and they’re far more affordable than in other parts of the borough.

Clerkenwell

If you’re looking for an area that’s ultra-fashionable but less expensive than other parts of the city, Clerkenwell could be the location for you. It’s pricier than places like Holloway, but it offers excellent proximity to London’s financial district – something that’s likely to appeal to homebuyers who work in the financial sector.

Certainly, if you’re looking for a home that enjoys a central location (and you’ve got a larger budget to play with), this area is one to consider.

Tufnell Park

Tufnell Park is less well-known than areas like Highgate, Islington or Holloway. However, it shouldn’t be overlooked. Like many other parts of Islington, it’s blessed with numerous attractive Victorian properties, and its proximity to several good schools is a big bonus for families. It’s also near to Camden – something that younger buyers really appreciate.

Buying a home in Islington

If you’d like more information about purchasing a property in Islington, talk to the Stadium Residential team today. We’re situated in the heart of the area – to get in touch, call 0207 6091111.

(Photo Credit: Nick Sarebi)