Angel in Islington is really benefiting from its close proximity to two huge redevelopments. It was already popular because the central location and incredible transport links, but work going on nearby in Old Street and King’s Cross has put it in the spotlight. So much so in fact that in the last ten years house prices have almost doubled.
The popularity of Angel is definitely being driven by the developments nearby. A number of technology businesses have set up at Old Street, earning the area the moniker Tech City. This has attracted a number of affluent people who want to live close to where they work. The same is happening at King’s Cross with global businesses like Google and Universal opening offices.
Although it is popular, Angel still offers some surprising value for money in comparison to neighbouring areas. There are many new residential towers nearby but some people prefer to opt for the older homes in this part of Islington.
The staying power of Angel is clear to see. People tend to stay once they move here because they have access to everything they need. The property market is diverse, ranging from flats to large Georgian homes and smaller homes for retirees.
Angel is home to some of the most well regarded investment properties Islington has to offer. Investors who purchased ten to fifteen years ago have enjoyed fantastic returns in particular. There is still a lot of potential in the area though, especially with continued development and improvements in transport infrastructure.
Regent’s Canal has some of the most prized homes. Here you can find three and even four storey properties with lots of space. There are plenty of amenities to enjoy along the canal, including Islington Boat Club and the Narrow Boat Pub. A festival is held in the area every year. Visitors can enjoy market stalls, boating, and plenty of other entertainment.
If you are drawn to the investment properties Islington has to offer Angel is definitely worth considering. Finefair can help you to explore the area and find homes to match your criteria. We are a supportive team and can tailor a service to suit any need. Contact us to find out more.