In London there is a shortage of apartments of three bedrooms for rent

At a time when buyers and investors of residential property in London prefer to invest in apartments with one and two bedrooms, stimulating the lack of such facilities in the market, the rental market residential London real estate boom for apartments with three bedrooms.

The demand for such apartments, according to estate Agency Strutt & Parker, greatly exceeds the supply that nezaslujenno affected rates of rent.

So, the apartment is three bedrooms on Cranley Gardens in South Kensington was delivered in just two days since its appearance on the market at a price of £1300 pounds a week.

Another apartment of three bedrooms, Ladbroke Gardens, was commissioned in just one week for the price of £1500 pounds a week.

Company Strutt &Parker, says that the apartment has three bedrooms the most popular on the market of London and investors should review their investment portfolios in favor of more expensive housing to fit the realities of the market.

According to Strutt &Parker, the number of transactions for luxury property in London in a price range from £2000 to £2999 £ per week rose 18.4 % in 2014 compared to last year, with a price range from £3000 to £3999 per week – an increase of 14 percent, and in the price range of more expensive £ £ 4,000 – the number of transactions increased by 16.7%.

These data are confirmed by the largest Internet portadom Rightmove, according to which, more than a third of all the most viewed objects in London – apartments with three bedrooms.

Obviously a good demand for housing with three bedrooms – great news for the owners of such properties. Investing once heavily in their property, they were not always able to take shelter in rent in the difficult post-crisis years. Now in the UK is confident the economic recovery and improving job market. Apartments 3 bedrooms interested in how young families, which plans to expand her family, and older couples who change apartments for 5 – 6 bedrooms for a more cozy and comfortable accommodation of a smaller size.

At the same time, in the lower price range less than £999 per week, the drop in the number of transactions amounted to 7.4 % .

According to forecasts, 2015 will be a good year for investors holding expensive property, as prices for luxury housing in Central London is expected to grow by 2.5% , while that in 2014 prices have risen by 2 %.

This slow but steady increase in rental rates is supported by the fact that the growth in housing prices had rendered the purchase of real estate for many families, not to mention the fact that the lease always provides more flexibility when changing jobs .

Currently in the rental market of Prime London property at 25 % less free than a year ago, and the number of registered potential tenants for the year increased by 63%. Given that the market sale has tended to slowdown, employment agencies hope that in the coming year, more owners will put their property on the rental market and the situation with the shortage of real estate in London the rental market is somewhat normalized.

® Helen Entree. 29.10.2014

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