- 9% increase in Camden house prices forecast by 2021 (Barclays)
- Living near a supermarket boosts a property's value by an average of £21,512 (Lloyds Bank)
- Marine Ices Apartments located in Camden's iconic former ice-cream parlour, opposite the Roundhouse (Bellis Homes)
Camden Town has always been considered an interesting hybrid area of London. Not only does it boast one of the best markets in the capital but it is home to a diverse community from affluent young professionals, students, artists and celebrities, dead and alive, from Charles Dickens to Gwyneth Paltrow.
Whilst some may be cautious about the prime central London market, the experts at Barclays wealth and investments paint a more positive outlook forecasting that the capital's house prices are set to rise by an average of 11.88% by 2021, almost double the national average (6.1%).
Average house prices in Camden are forecast to rise by a whopping 33.9% by 2021, second only to Richmond-Upon-Thames, reports Barclays. Indeed, the latest Zoopla data reports a 43.07% growth in house prices in Camden over the past 5 years and 3.33% over the last 6 months alone.
Boasting a highly prized NW1 postcode, you might be surprised however to know that reasonably priced, well sized property gems can still be found.
Luxury homebuilder Bellis Homes is launching this summer's hottest development in Camden Town -Marine Ices Apartments.
Conveniently located, on Haverstock Hill, opposite Chalk farm station and within sight of the hugely popular Roundhouse complete with rooftop beach in the summer months, Marine Ices Apartments enjoy a rich heritage.
The building was once home to an ice cream parlour, founded by gelato pioneer, Gaetano Mansi in 1931 who wanted to bring the exquisite taste of real Italian gelato to discerning Londoners. His reputation for the finest gelato spread and so did his parlours with the same ice creams now enjoyed in many places including his new parlour a few steps from the new Marine Ices Apartments.
"Camden is one of the most sought after places to live in London and with that in mind we set out to create a selection of vibrant new homes as vibrant and exciting as the area itself. We really loved the story behind the Marine Ices building and its connection to Camden as well as the location of the site, it's perfectly situated between a number of landmarks, travel links and local amenities."
Henry Fordham, Director, Bellis Homes
Only a short walk from the fashionable Camden Market and Camden Lock, Marine Ices Apartments are currently under construction and when completed in 2018 will offer 19 apartments ranging between 566 sqft and 1221 sqft with fabulous amenity spaces. The apartments vary from one to three bedrooms with vibrant finishes, CCTV, large balconies and composite oak panelled front doors with security features.
Residents of Marine Ices Apartments will also be able to enjoy the convenience of retail stores and / or supermarket on the ground floor- perfect for those everyday essentials as well a future capital growth.
Indeed, proximity to supermarkets can positively affect house prices; known as 'The Waitrose Effect', research by Lloyds Bank suggests that homes within a near reach of any local supermarket are worth on average £21,512 more than others in the same area.
"We know these apartments will be in great demand due to their prime location and high specification and we have already had interest in the units off-plan. London is and will remain one of the top global cities in which to live and we are proud to be able to deliver new homes of this standard to the capital."
Henry Fordham, Director, Bellis Homes
Marine Ices Apartments are available from £650,00 to £1.5 million, for more information, contact Bellis Homes on 01279 424 733