Lisa-Jane Stratton of Benham & Reeves Residential Lettings: ‘Landlords need to be aware of the changing market conditions’
Rental demand is high for one and two bedroom apartments in SW London and these smaller properties are letting quickly. Applicants are demanding – they’re familiar with the specification found in new build properties and they expect this standard of presentation from rental properties generally. Levels of expectation are rising. The entrance of a residential building is equally important and tenants can be put off by shabby communal areas. Landlords who own a period conversion should consider joining forces with other owners to smarten up communal areas if necessary. It’s worthwhile investing in presentation to ensure a property lets quickly.
A convenient location comes high on many tenants’ wish lists and tenants prefer a property close to transport links to reduce their daily commute. Properties further than 10 minutes from a Tube or overground station are slower to let and applicants will compromise on the size of a property or its amenities if the location is good.
Sloane Avenue, SW3
Situated within a popular portered building in the heart of Chelsea is this newly refurbished one bedroom apartment (pictured below) closely located to Brompton Road and Sloane Square. A wonderfully light open-plan reception is complemented by a fully fitted kitchen while the bedroom has built in wardrobes. £525 per week + fees. Contact the Knightsbridge branch on 020 7581 2112
Imperial Wharf, SW6
A luxurious duplex apartment (below) at the prestigious riverside development Imperial Wharf enjoys fantastic views over the Thames with all amenities, own train station and water taxi service nearby. Ranged over the 7th and 8th floors, the apartment takes in 1,958 sq.ft of bright living space with accommodation comprising: reception and a terrace, fitted eat-in kitchen, generous master bedroom with en suite bathroom and two further double bedrooms served by an en suite shower room and full bathroom. £2,200 per week. Contact the Imperial Wharf branch 020 7348 7620