This will be the fifth office for Winkworth franchisee Ian Fraser, who already runs the Highbury, Islington, Hackney, and Shoreditch offices.
Associate Director Hamish Allan, on behalf of Winkworth Stoke Newington, said: “It was the next logical step as we have already done transactions in the N16 area and have built up market share. We now have an office in Church Street, which is in the heart of Stoke Newington, where there is a very villagey feel.
“Stoke Newington has a great atmosphere, is very community minded and has really good independent shops, restaurants and bars. We see a lot of creative people moving here from Islington and Shoreditch, as well as young families. It’s a great area to bring up children. There are good schools and lots of green space. Clissold Park is a big favourite, with historic Clissold House, a children’s play area, tennis courts and animal enclosures. This is a big draw for everyone in the area.”
Prices compare favourably with its more expensive neighbours. An unmodernised three bedroom Victorian terrace house can be bought for around £1m, with fully extended family homes with 2-3,000 sq. ft. of internal space selling for around £2.2m.
Tom Street, lettings director at Winkworth Stoke Newington, says there is a good range of rental properties, from Victorian terraces, period conversions and new build. He said: “A one bedroom flat would start from around £400 a week up to £4,000 a month for a large conversion apartment. These appeal to people renting in places like Shoreditch, who will get more for their money. We see quite a few people from the city who are attracted by more of a buzz and places to go to at the weekend.”
Dominic Agace, Chief Executive, Winkworth, with over 100 offices nationwide, including over 60 across the capital, said: “We are delighted to see Ian Fraser and his very talented team expanding into Stoke Newington following the success of the four offices across North and East London. We are always looking for entrepreneurial individuals who are looking to start their own business. We offer our franchisees an exceptional level of support from our head office team across all aspects of the business, with the power of the Winkworth brand to help their business flourish.”
To find out more about becoming a Winkworth Franchisee, contact Chris Brand on [email protected]