Notting Hill London, the private development division of Notting Hill Housing Group, one of London’s most experienced and successful housing associations, is today launching Folio, a new development located on Micawber Street in London’s vibrant City fringes, adjacent to the burgeoning government supported ‘Silicon Roundabout’ area, which is attracting technology and creative firms.
Located within Transport for London’s Zone 1, Folio’s 71 private homes are comprised of one, two and three bedroom apartments and four-bedroom houses plus six commercial units. Eight of the apartments on the top floors are premier properties with an enhanced specification similar to that of the houses.
Award-winning architects Pollard Thomas Edwards are responsible for the contemporary design.
Knight Frank’s most recent London Hot Spots research identified the City Road corridor, where Folio is located, as one of the places where new build property prices will appreciate fastest, with current values of £625 – £775 sq ft predicted to rise 36% by 2016 to £850 – £1,000 sq ft.
Knight Frank highlights that this area will be popular with City workers, who are within walking distance to work, but who also want to be close to the nightlife in adjacent Shoreditch, Clerkenwell and Angel.
People in the technology and creative industry workers are moving into the area as it borders the ‘Silicon Roundabout ’, the area stretching from Old Street to the Olympic Park in Stratford which is receiving government support for technological investment. Cisco, Intel and British Telecom, among others, have already pledged to invest here.
This influx of start-ups and funders is fuelling the demand for high quality residential accommodation within the area and Folio, is well located and designed to attract these new residents.
Additional interest in the area is coming from students, as several of London’s world class universities are within a short travel distance, including University of London’s Institute of Ophthalmology (6 minute walk) City University (10 minute walk), Cass Business School (13 minute walk) and the Guildhall (28 minute walk).
Architects Pollard Thomas Edwards, who designed the successful Angel Waterside development at nearby City Road Basin, have created a contemporary scheme which draws inspiration from the area’s vibrant commercial history, mixing traditional materials like brick with zinc cladding. Sedum roofs on the townhouses help to achieve the developments Code Level 4 for Sustainable Homes.
As part of the Notting Hill Housing Group, Notting Hill London is one of the financially strongest housing developers in the UK as well as one of the most experienced developers and managers of mixed use developments.
Prices for the new homes at Folio, start from £399,950 and prospective buyers will be able to learn more at the exhibition to be held at:
Venue: Windows West, Four Seasons Singapore
Dates and Time: 5-7 October 2012 from 11am to 7 pm
For more information and prices please contact the marketing suite on +44 (0) 20 7871 0011 or please visit: www.knightfrank.com or contact Knight Frank on (+65 9799 1333).