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I Sent Those Rats Packing Wednesday 23 April 2014 New trends Homes& from Milan The world’s top interiors show Property Page 12 PROFIT FROM A NEW HOME P4 GREENWICH IS HOT P7 BUY ON THE CENTRAL LINE P10 SPOTLIGHT ON TOTTENHAM P32 I sent those rats packing Transforming a wreck: Page 24 PHOTOGRAPH: SIMON ELDON AT SIMONELDON.CO.UK/STYLING: SAMANTHA GIDDINS AT MINKINTERIORS.CO.UK SAMANTHA GIDDINS AT SIMONELDON.CO.UK/STYLING: SIMON ELDON AT PHOTOGRAPH: London’s best property search website: homesandproperty.co.uk 2 WEDNESDAY 23 APRIL 2014 EVENING STANDARD Homes & Property Online homesandproperty.co.uk with This week: homesandproperty.co.uk news: the true cost of buying a first Property home in each London borough search £205,000: for a studio apartment in the recently London buy of the week converted Royal Military Academy views to make the heart sing at Woolwich (homes and £699,950: rooms with a view are guaranteed at this property.co.uk/ über-smart apartment on the 14th floor of Canary Wharf’s military) Pan Peninsula tower — thanks to wall-to-wall windows and sliding glass doors to a balcony. The open-plan kitchen and THE true cost of getting on to the property ladder across dining areas are perfect for entertaining, while both London is revealed today. Exclusive new research shows bedrooms (one en suite) have bags of storage space. exactly how much a modest starter home in each of the Further perks include a communal gym and pool for your capital’s boroughs will cost — ranging from a surprisingly daily workout, plus a residents cinema — you just provide affordable £159,340 for those prepared to house hunt in the popcorn. Through Foxtons. Barking and Dagenham, to well over £500,000 — and rising — for those who aspire to a first home in prime O Visit homesandproperty.co.uk/buyoftheweekcanary central London. The figures, from Savills, show first-rung prices in almost half of the capital’s boroughs are now above the £250,000 stamp duty threshold, meaning buyers will be Out of town buy of the week you liable for three per cent tax on their purchase. The areas to look at are those that combine affordability could live near Shakespeare’s local with strong capital growth. In Haringey, for example, starter homes are priced at an average £250,313, up 16 per £595,000: it’s gorgeous Georgian time Elizabethan cock-fighting pit can be cent over the last year. In Lewisham they come in at an in the Warwickshire village of Bidford- found. Upstairs, three bedrooms — two average £205,523, up 15 per cent, while in Greenwich they on-Avon. This Grade II-listed, double- en suite — and a dressing room or fourth are priced at £206,520, up 14 per cent. Enfield (£207,703, fronted house is full of treats, from its bedroom overlook charming walled up 13 per cent); Bromley (£224,866, up 12 per cent) and duck egg-blue windows to the original gardens and The Old Falcon Inn across Brent (£246,311, up 12 per cent) also combine price stone floors, beams and exquisite the road, a 16th-century watering hole growth and relatively low pricing. fireplaces in generous reception rooms. which according to tradition, was visited Flagstone floors run from the dining by Shakespeare. Through Sotheby’s. O TO FIND the average cost of buying a starter home in each room to a relaxing conservatory and London borough, visit homesandproperty.co.uk/starterhomes kitchen/breakfast room in a Tudor O Visit homesandproperty.co.uk/ part of the house, under which an outbidford VISIT homesandproperty. Life changer there’s room co.uk/rules for details of our Editor: to spare on the Norfolk coast usual promotion rules. When Janice £625,000: close to King’s Lynn and the Norfolk coast, The you respond to promotions, Morley offers or competitions, the Old Coach House in Ingoldisthorpe offers a versatile London Evening Standard 4,000sq ft interior which could happily convert to a guest and its sister companies may house of seven suites. Or you could divide the space to live contact you with relevant Editorial: 020 3615 2524 in one side and let the other. Exposed brick walls and log offers and services that may Advertisement manager: burners mix with modern details, a spacious sitting room be of interest. Please give Mark Wood beneath a high vaulted ceiling can’t fail to impress and your mobile number and/or Advertising: 020 3615 0527 there’s a lovely country kitchen. Lush, secluded gardens email address if you would Homes & Property, complete the picture. Through Abbotts. like to receive such offers by Northcliffe House, 2 Derry By text or email. Street, Kensington, W8 5TT O Visit homesandproperty.co.uk/lifechangeringoldisthorpe Faye Greenslade ADVERTISEMENT FEATURE Have you done your homework? CAN you really afford the mortgage to spend on things such as television repayments on that new home you and broadband. hope to buy? Could you still afford it You will also need to show how you if interest rates were to rise? These would cope with increased costs, are questions borrowers will have to such as an interest rate rise, or a consider even more closely once new change in personal circumstance — rules come into force on April 26. such as retirement or having a baby. Strong, durable fencing. So, if you plan to buy a property, Lenders will want to “stress-test” make sure your paperwork is ready to your finances to make sure they can Designed for life, Guaranteed for 25 years. built to last face new beefed-up affordability stretch if your costs go up. For checks. The new rules mean getting a example, with a £140,000 mortgage, Protect your garden, whatever the mortgage could take longer, with and making monthly repayments of weather and save 50% on delivery* your household expenses and utility three months, maybe longer, plus £749 at 3.4 per cent APR, you would when you quote ‘STRONG2’ bills probed more closely than before evidence of any retirement income or have to find another £171 a month if — checks designed to stop borrowers maternity pay. If you have additional interest rates rose by two per cent. www.jacksons-fencing.co.uk overstretching themselves, sources of income from investments The new tightened-up rules could 0800 408 4736 something three quarters of first- or a rental property, you will need to affect how much you can borrow, so time buyers admitted to in a survey provide details of those, too. doing your homework first is vital. for the Money Advice Service. You will also need a clear idea of YEARS YEARS Whether you’re a first-time buyer or your household expenditure — ¬ Visit moneyadviceservice.org. looking to remortgage, you’ll be preferably written down. This should uk/changes for our checklist, to asked for evidence of your main cover everything from council tax ensure you’ve got all angles covered, Get 50% discount on delivery* charge by quoting STRONG 2 over the phone or on the web site checkout on orders of £200 or more (excluding VAT and delivery) *Standard delivery areas only – offer ends 31.5.14. Retail customers only. income. This could include payslips and fuel bills to the cost of and for more about the changes and and bank statements going back outstanding loans and what you plan how they might affect you. EVENING STANDARD WEDNESDAY 23 APRIL 2014 3 homesandproperty.co.uk with News Homes & Property Raise a glass, then steal that style ÉTHE restored Cat & Mutton pub, right, on the corner of London Fields and Broadway Market is a buzzing new destination. Owner Tom Gibson was keen to accentuate the property’s rich history in its design. Stuffed and Spot the star £17m Miami Beach mounted animal heads pay homage to the building’s livestock traditions. quality of this house to suit glam There are references to East End boxers from the Thirties and old glass place, Alesha Kardashian clan signs from the 19th century which came from a pub in Bermondsey. É WITH Britain’s Got Talent É SO YOU want to keep up with the Gibson’s parents own a reclaimed back on our screens, life is now Kardashians? Then move to Florida, furniture company called Castle very different for judges Simon where sisters Khloé, Kim and Gibson and have clearly influenced Cowell and Alesha Dixon, both of Kourtney, below, recently hosted the his interiors style. So if the decor whom have become parents since opening of the family’s Dash boutique appeals, be inspired to give your own the last series. in Miami Beach. home a spring refit. Dixon, right, lives in a small village The event was covered for reality TV’s house in Welwyn Garden City, Keeping up with the Kardashians, and Hertfordshire, but with baby Azura during filming the girls stayed at Casa now in tow she is sure to want more Casuarina, once home of the late space. This five-bedroom property, fashion king Gianni Versace, and now above, on the market locally could fit run as a high-end boutique hotel. the bill for a new family home. If the über-glam mansion tempted Tucked away behind private gates, them to buy in the city by the sea, One its exposed beams were sourced from Sotheby’s International Realty is selling MATT WRITTLE MATT old ships and churches, while singer- a suitably extravagant house, above, for turned-gardening guru Kim Wilde is a £17 million in exclusive Harbor Point. near neighbour. It’s on at £2 million By famed architect Cesar Molina, no with Hamptons International, and expense was spared on custom wood- nearby Knebworth station is just over work, marble floors, Lutron lighting, a By Amira Hashish 30 minutes from King’s Cross.
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