Property Investment Guide - Knightsbridge, London
Sophisticated, cosmopolitan, exclusive. This sums up Knightsbridge perfectly. One of London's most prestigious residential areas, it's a favourite with the seriously wealthy - from company directors to super-rich Russian oligarchs. There's also strong rental demand from young professionals looking for a home in this glamorous part of the capital. And that's why wealthy overseas investors are so keen to buy Knightsbridge property rentals.
Quite simply, Knightsbridge is close to the West End, it's home to the world famous Harrods, Harvey Nichols and the designer stores of Sloane Street and has beautiful Hyde Park on its doorstep, so it's always going to be in high demand with those who like the finer things in life.
Knightsbridge property rental
When it comes to rental property in Knightsbridge, this infamous locale can lay claim to some of the most elegant and exclusive residences. Investors will find a mix of traditional Victorian, Edwardian and Georgian properties, with plenty of sought-after period conversions and mansion flats. Ultra-exclusive developments such as One Hyde Park and The Knightsbridge bring a whole new meaning to the word 'luxury'.
Knightsbridge is home to many top international organisations, banks and financial businesses so is a sought-after residential location by executives, as well as wealthy students. These top notch tenants tend to have good budgets and seem unaffected by financial constraints, even in these difficult economic times. Typically they will be looking for a one or two bed rental property in Knightsbridge, either a period conversion or flats to rent in Knightsbridge in a mansion block or new development
Renting in Knightsbridge
Most properties let quickly in this prestigious SW3 location - usually within a couple of viewings, with minimal void periods. Typical asking smaller rent apartments in Knightsbridge vary from £400pw-£500pw for a studio or one bed to £650-£750pw for a two bed.
Tenants expect a high standard of presentation and features like wood floors, high spec kitchens and bathrooms are 'musts'. From luxury penthouses to compact, studio apartments, most properties combine a traditional exterior with a stylish, contemporary interior complete with all the latest hi-tech appliances.
Property to rent in Knightsbridge has enormous letting potential, thanks to its unique central London location and mix of affluent tenants. If you're planning to invest in a Knightsbridge rental property, talk to an experienced, local London lettings agent to find out more about the area. As a Knightsbridge letting agent, talk to us to find out the latest rental advice.
Call our Lettings office on 020 3603 3135 or Post your query here