The lettings market is red hot in Clapham! We have certainly seen an increase in rental stock compared to this time last year, and the sheer volume of applicants registered with us means properties are renting quickly and for the best possible price. We don’t predict this busy period to slow down until late October or even November.
The sales market in Clapham has also been much busier than in previous years, with both new properties for sale and sales agreed. We’re predominately dealing with first-time buyers, however investors have come back out of the woodwork, after swallowing April’s bitter pill of increased Stamp Duty. The ‘post Brexit’ market has not been what many expected and there are signs of prices increasing in spring 2017 due to the demand for cheap lending.
What’s going on in Clapham?
•Esca - one of our Portico Places - feels brave enough to rebrand and not shout about when they first started! has been refurbished on the High Street, transforming from a café into a stunning cocktail bar with excellent food and small plates. Make sure to go try it out and bring your Portico Places card for 10% off your final bill.
•Clapham Common Station was redecorated via crowdfunding, replacing all the advertising in the station with pictures of cats. The group who organised the feline friendly station are known as Citizens Advertising Takeover Service, or CATS for short. Make sure you check it out!
•An architecture firm has won planning to build a £460k nursery and community centre on the metropolitan lands just off Windmill Drive, which is to be completed in August 2017.
•SW4 festival was once again a huge success and was followed by House of Common on the Bank Holiday which was a fantastic event for London’s Ska and Raggae fans.
•In other music news, Jamie T will be showcasing his some of his new album in October at Brixton Academy as well as Craid David, Jake Bugg and Christine and the Queens.
•The fifth Brixton Come Together community festival will be taking place at the end of September, with panned live music, DJ’s, talks, workshops, carnival style and street food in an effort to spread awareness of local issues and campaigns.
•In order to make Stockwell safer for cyclists, the council has built a new cycle route, removing the gyratory. There is also plans to compete the new pubic space at the garden by October.
Luke & Andy - Clapham Sales & Lettings Managers - Autumn 2016