Tenants moving to find flats and houses to rent with outside space in Brook Green

Two bedroom flat to let in Woodstock Grove, Shepherds Bush, W12


Richard Coffey, lettings manager of Chard's Brook Green lettings office on Shepherds Bush Road reports that many tenants are citing the desire for outside space as their main reason for moving.

Richard comments, "The warmer weather always focuses tenants' minds on finding flats to let in Brook Green with gardens, terraces and balconies, but it's unusual for tenants to deliberately give notice on existing property to find a new home with outside space".

With more flats and houses available to let in some price ranges (although certainly not the cheaper properties),landlords are being more realistic in their asking rents and tenants with an eye for a deal are taking advantage of this to trade up to a new home with a garden.

New to the market today, this two bedroom flat in Woodstock Grove, W12 is a prime example of the sort of property tenants are looking to rent within Brook Green and Shepherds Bush.

Indicative of the market, this two bedroom flat to let with private garden in Devonport Road, W12 was let within just a couple of days of coming on to the rental market with our Brook Green lettings team.

Take advantage of the Candy and Candy effect - property for sale near Sloane Square

Our Pimlico and Belgravia sales team was instructed today to sell a flat in Rye House, Ebury Bridge Road - Pimlico close to Victoria Station and Sloane Square.

The flat for sale in Rye House is opposite the old army barracks which has just been sold to a consortium including the eponymous developers, Candy and Candy, who intend to redevelop the whole site with a mixture of top end residential apartments and swanky commercial units including restaurants, coffee shops and a shopping centre. With the involvement of such high profile developers in the area it will doubtless have a positive effect on nearby property prices and neighboring properties such as Rye House look set to benefit.

London property sales market view

The mood has changed......

There's a palpable feeling that the worst is over in the London sales market. At least that's the view from our sales teams based in Chard estate agents' offices in Notting Hill Gate, South Kensington, Brook Green and Fulham.

Enquiries are up a whopping 43% this week compared to April. Buyers seem to be sensing that they need to get in before prices rise again. Concurrent to this, sales prices have become more realistic, they've had to be as there's been enough stock coming on to the London property sales market to give buyers a choice for the first time in at least three years.

Interest rate cuts, with rumours of another 0.25% reduction in the BoE lending rate, have certainly done nothing to dampen this renewed confidence. The weather's been better too - never a bad thing when you're selling property!

We're seeing more caution from lenders, which we see a positive sign. 100% mortgages were virtually unknown to estate agents selling property in Kensington and Chelsea in any case. Lenders are still lending, a fact overlooked by the press obsessed with price reductions outside the capital, but now only to borrowers that any reasonable person would believe capable of re-paying the money!

Whilst those of us on the shop floor of London estate agency are not sounding the "all clear" just yet, the outlook is looking far more assured than at Christmas time. If prices have remained relatively stable despite the news of the last 6 months, the reasoning now seems to be that they will at least remain so. If you're thinking of buying a property in Central London, now might just be the time to act.

Sensible pricing gets Fulham house let within 24 hours

Within 24 hours of re-listing Gironde Road, SW6 a four bedroom family house to let in Fulham, we secured a let to a corporate tenant relocating from Belgium.

The house near Fulham Broadway features a contemporary interior, and together with the garden makes an ideal letting proposition for the corporate rental market, at the right price.

It had originally been listed to let at an asking price of £1150 per week. With no takers after a couple of weeks the landlord agreed to re-list at a more realistic price of £995 per week - and literally had his hand bitten off!