N1 Shoreditch and the East End

Beloved by London’s hipsters, media moguls and creative talents, Shoreditch is regarded as one of the first areas of East London to become truly gentrified. Helped in part by its proximity to The City and Liverpool Street station (one of the UK’s principal railway hubs) its central location makes it an attractive residential option for city-workers looking for a short commute.

The original tour-de-force behind the neighborhood’s evolution was the struggling artist types who first started populating Shoreditch’s outstanding collection of period housing stock in the 90’s. Next, it was the tech sector boom of the last decade that cemented Shoreditch’s status as a cradle for creative industries and London’s fast-emerging entrepreneurial scene.  A haven for start-ups, it is here that Google has its start-up think-tank and some of London’s most dynamic co-working places are located.  In 2014 alone, 15,620 new businesses were launched in Shoreditch, driving a demand for office space and nearby housing. Thanks to the outstanding selection of bars, boutiques, restaurants and a buzzing nightlife, it is now regarded as one of the most desirable areas for young professionals and entrepreneurs to live and work.  As gentrification takes hold, it is here that you now find the sort of independent boutiques and fashionable cafes that once made Notting Hill such an iconic destination.

Bordering The City and upmarket Islington to the west, Shoreditch stretches up and across East to Bethnal Green, Haggerston and uber hipster hang-out of Dalston. Its central location has led it to be described as ‘the heart of the East-End’.

The experts say

Thanks in part to the planned opening of a Cross-rail station at Liverpool Street in 2020, property in the area has a strong capital growth potential, estimated at 44% between 2014 and 2020. With its trendy vibe and proximity to the City, the rental market in Shoreditch is robust, offering a dynamic demand for both short and long-term lets.

The property market in N1 Shoreditch and the East End

Shoreditch is one of the success stories of the London property market, with property prices rising an average of 46% between 2012 and 2015, outperforming even Central London. To cater to increasing demand, a range of large developments are currently underway across the neighborhood, offering predominantly 1-3 bedroom properties for sale with access to state-of-the-art facilities. Prices range from £299,950 for a one bedroom flat to £2,000,000 for a 5 bedroom house.

Three insiders tips for N1 Shoreditch and the East End

GET - stock up on fabulous flowers at wholesale prices every Sunday at Colombia Road Flower Market
DO - browse the trendy boutiques along Redchurch Street before a sunset cocktail on the roof-terrace of the Boundary Hotel
EAT - marvel over the views while eating London’s legendary all-night breakfast at Duck & Waffle.

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