"Average rents across the UK rose by 2.3% in the year to October. Rents across Greater London rose by an average of 2.6%. However a rise in stock levels across prime central London has led to a 5.2% decline in rents in this area in the year to November.
Property investors have already seen an extra 3% stamp duty or additional homes introduced and, from April next year, the mortgage interest relief offered for buy-to-let home loans will begin to taper off, which could lead to some investors reviewing their portfolios, and in some cases bringing their properties back to the market. We would advise landlords to market their property at a competitive price and that the property is well presented to applicants.”
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.