An area guide to Holloway courtesy of the Evening Standard sums up the invest-ability of this lesser known Islington neighbour perfectly.
With rows of Victorian properties, nature conserves and some prime development land, Holloway is just four miles from Central London with a choice of tube lines for your commute. The neighbourhood is also home to a number of outstanding-rated primary schools and London Metropolitan University is nearby, bringing a diverse mix of rental business to the area.
The secret to Holloway's relative affordability has been due to the existence of its prison which closes this summer. We at London Residential see this as a pivotal moment for the area; a bargain is still available just as redevelopment plans for the old prison site and the completion of up to 2000 new homes at the former Arsenal Football Stadium are creating a real buzz.
For more information about rentals, character properties and new builds in Holloway, give our Sales team a call or pop in and see us.
This summer, Holloway Prison is closing down and the site is likely to be earmarked for housing. The removal of the grim, fortress-like jail building in Parkhurst Road will transform the area — just a short distance from the town centre at the Nag’s Head crossroads in Holloway Road. The 10-acre site, which could be worth £200 million, could provide as many as 5,000 new homes.