Thursday, October 8, 2009

Three Offers and Another Flat Let at Asking Price in Notting Hill

Chard letting agents in Notting Hill were instructed on a one bedroom flat to let in Ledbury Road, Notting Hill on Friday October 2. By Monday they had secured three offers, agreeing the let at the asking price rent of £450 per week.

Interestingly £450 per week would have been considered a bit rich just a few months ago with a relative paucity of tenants looking at one bedroom flats to let in Notting Hill in that price bracket. Times have changed.

The combination of unprecedented demand over the last eight weeks together with renewed City recruitment has pushed prices back to within a whisker of peak rental levels seen in 2007.

Another factor at work is that the summer upturn in the sales market has meant many "accidental landlords" have now sold their properties (many through Chard) - further adding to the current drought of property to let in London.

Further information:
Chard Notting Hill & Kensington lettings
020 7792 0792

Links for property to rent in the Ledbury Road, W11 area:
Flats to rent in Notting Hill
Flats to rent in Bayswater
Flats to rent in Westbourne Grove


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