Letting agent in Old street

Area Guide to Old Street

Move over Silicon Valley, it’s all about Silicon Roundabout. Once a grey thoroughfare, Old Street has transformed itself into the capital’s tech hub, fusing city slick with East London cool. The Undergound and Northern Rail provide great transport links, while the iconic roundabout is undergoing redevelopment to make it safer for pedestrians and cyclists. From spacious warehouse conversions and loft apartments to brand new developments, the property on offer around Old Street is as edgy and cool as the area itself. 

 

It’s not all algorithms and start-ups though. Old Street’s culinary, art and wellness scene is booming. Queues snake down the road for On the Bab’s Korean street food while street art by the likes of Banksy sits alongside modern art in boutique galleries. The historic Ironmonger Row Baths – possibly London's most affordable spa – provides the perfect sanctuary for a spot of self-care. 

 

Countless coffee shops fuel the Old Street tech tribe by day, but come happy hour, it’s all about cocktails at Callooh Callay, Nightjar and Happiness Forgets. To soak it all up, the many restaurants of Hoxton Square and Shoreditch High Street are just a stroll away. 

Fees

Refundable Holding deposit

Capped at 1 weeks rent

Security Deposit

Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent

The agreed monthly rent

Changes to tenancy

Capped at £50 inc VAT

Early termination charge

Not exceeding the landlord’s financial losses

Late payment of rent

Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys

Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc

Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme Membership details

The law requires your membership details

Property Redress Scheme  Membership details

The law requires your membership details