Clerkenwell Quarter

Seward Street in Clerkenwell

Seward Street is a completed residential development constructed by Mount Anvil in the Clerkenwell Quarter, located near the City of London. Mount Anvil purchased the site in October 2010 through a joint venture with Notting Hill Housing Group, ultimately delivering 161 residences. The project consists of 107 private units and 54 affordable homes, with the latter managed by Notting Hill Housing. Mount Anvil views the project as a significant addition to the private-rented market on the edge of the City.

Unlike standard apartment launches aimed at individual purchasers, the private units were not released to the open market during the initial sales phase. Instead, all 107 private homes were pre-sold to London & Stamford Property plc, with contracts exchanged in July 2011. Consequently, a buyer currently looking for a property for sale in this building must search the secondary market. They will also need to independently verify the availability, tenure, specifications, and condition of individual units, as this information is absent from Mount Anvil’s completed project page.

Commercial Space, Parking and Ownership Structure

Seward Street was developed as a mixed-use residential and commercial scheme rather than a strictly residential building. According to Mount Anvil, the project includes 32 parking spaces, and the commercial units were also pre-sold. However, there is an inconsistency on the official project page regarding the exact size of the commercial area. A summary section lists the space as 2,600 sq ft, whereas the detailed description states it is 2,680 sq m. Although the 2,680 sq m figure appears twice, this discrepancy should be independently verified rather than assumed.

Individuals looking to buy a property on Seward Street today must depend on up-to-date sales and legal documents for specific apartment details. Since the official website does not provide information regarding bedroom layouts, internal dimensions, shared facilities, or precise specifications, these elements should not be assumed based on other Mount Anvil developments. Prospective buyers should verify the most recent photo updates, site map, lease terms, service fees, and the current price for each specific unit. The initial project details are primarily beneficial for grasping the development's overall size, construction timeline, and ownership framework.

Completion and Development History

The Seward Street location was purchased in 2010, which led to an agreement with London & Stamford Property plc in July 2011. Building work concluded in late 2012, finishing three months ahead of schedule. Mount Anvil recorded a final gross development value of £64 million, encompassing both the commercial and residential aspects built on the site.

Currently, Seward Street stands as an established Clerkenwell location rather than an off-plan investment. Its notable characteristics include a total of 161 homes, a significant portion of affordable housing, a focus on private rentals, and the addition of commercial units and parking facilities. Furthermore, this development showcases an early partnership strategy by Mount Anvil, where commercial areas and private homes were sold in advance, while the affordable units were left to specialized management, resulting in a mixed-tenure environment in central London.