Knightsbridge lettings: Short Let Enquiry Increase
Date : 15 June 2010
The advent of summer has brought an increase in enquiries from families, young people and businesses looking to short let a property in London over the coming months.
This increase comes at a time when only 13% of flats and houses to rent in Knightsbridge and Belgravia are being marketed for short term tenancies. In the month of May, a fifth of Knight Frank's website enquires were for short lets and the June figures look to better Mays surprising statistics.
Some landlords who escape from London during these very touristy summer months are unaware of the brilliant financial opportunities they are missing out on.
Short lets in Knightsbridge are in huge demand with rental levels at a 30% premium over the long let weekly figure.
These high rental levels are regularly being met as there is a constant demand from short let tenants wanting to enjoy the buzz of London summer spirit.
There is no better place to take a short term tenancy than leafy Knightsbridge with its wide variety of bars and restaurants, parks, private gardens, historical sites and river walks.
Knightsbridge letting agents
Tess Finch, Senior Lettings Negotiator Knight Frank states, “The number of enquiries for short lets has risen dramatically over the last two weeks. Due to increased demand many landlords who had not previously thought about the short letting option are now looking at it again and considering their options to meet this demand”.
For further information, please contact:
Tess Finch, Knight Frank, +44 (0)207 591 8601, tessa.finch@knightfrank.com