"The amount of lettings property coming onto the market in prime central London has risen over the last 12 months as uncertainty grew over pricing in the sales market following a succession of tax hikes. This was compounded by political uncertainty surrounding the EU referendum. While the annual increase in new lettings properties on the market was 51% last June, this figure had eased to 23% in February. In a sign that demand is increasing, the number of new prospective tenants registering rose 1.5% year-on-year in the six months to February. Meanwhile, the number of tenancies agreed increased by 22% over the same period. While this indicates a marked increase in activity in the prime central London lettings market, demand levels vary at different price points. Below £1000 per week activity is particularly strong. Demand has been bolstered by continued strong demand from students, a greater acceptance of renting as a tenure model by young professionals and the fact some corporate accommodation budgets have been cut, increasing demand in lower price brackets.”
Elizabeth Holder, Lettings Manager
Notting Hill is located in West London, in the Royal Borough of Kensington and Chelsea and offers a perfect balance of the tranquillity of a residential leafy area and the buzz of the city, with excellent bars, shops, cafes and restaurants on the door step. Our properties range from modern one bedroom apartments, to magnificent six bedroom villas with access to communal gardens.
Notting Hill benefits from excellent transport links by London underground with the Central, District, Circle and Hammersmith and City lines, buses that go to the West End, the City, Victoria and Westfield Shopping Centre, Paddington Station for the Heathrow Express and rail links out of London. It also has major access to all the main trunk roads out of London especially the M40 and the M4.
Please do contact us for an informal discussion, and to see how we can help you.