Benham and Reeves Lettings report exceptional demand for £350pw studios.
For anyone hankering for a touch of the high life, Octavia House at Imperial Wharf, near Chelsea Harbour is proving to be just the ticket. With pop stars, Premier League footballers from Chelsea and Fulham football clubs and showbiz celebrities living within the vicinity, this exclusive development is a magnet for the rich and famous. And with the development's only studios and one bedroom apartments just becoming available to rent, on-site lettings agent Benham and Reeves Residential Lettings report that tenants are jumping at the chance to live like a celeb, without breaking the bank.
"A recent study revealed that Chelsea lies within a 'golden triangle' in London's prime property market, with 16 of the 20 most expensive streets in England and Wales located between Wimbledon, Notting Hill and Chelsea," reports Marc von Grundherr, Lettings Director of Benham and Reeves Residential Lettings. "Property prices at Imperial Wharf are beyond many people's budgets with larger homes there selling for an average of £2,736,000, but rental prices at Octavia House, which is the only building on-site containing a selection of studios and smaller apartments, start at only £350 pw, making the glamorous Chelsea lifestyle a more affordable option."
"Imperial Wharf is the only new development to feature in the list of Top 20 addresses and it's a popular choice with property investors. continues Marc. Apartments at the recently launched Octavia House are already like gold dust and we're letting flats within 24 hours. Tenants seem to be looking specifically for Imperial Wharf itself - they're attracted by its river views, luxurious interiors and great lifestyle and other developments simply won't do. For investors that's great news - void periods, particularly on smaller apartments, are virtually unheard of as, when one tenant moves out, we always have a new, fully referenced tenant waiting to move in. We simply can't get hold of new property instructions fast enough."
"One of the reasons for our success in letting apartments at Imperial Wharf is our extensive client database we work with FTSE and Fortune 500 companies around the world to find homes for their executives on secondment to London so we always have fully referenced tenants waiting to move in to good properties otherLondon lettings agents just can't match us in this respect."
"Another reason that tenants come to us first is our strong on-site presence. We're appointed letting agents for the developer St George Central London Ltd., and we opened a dedicated lettings office at Imperial Wharf last year which means we're in the ideal location for both tenants and landlords. We're conveniently located in the heart of the development and we have the best choice of available rental properties. For example, we've just let a large one bed apartment for £450 per week while a 'Manhattan' apartment (a large studio with screened sleeping area) was let for £375 per week both were rented within 24 hrs. These apartments offer great value for tenants and an respectable rental income for landlords."
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Benham and Reeves Residential Lettings' Imperial Wharf office is situated at
15 The Boulevard, Imperial Wharf, London SW6 Tel 020 7348 7620 www.brlets.co.uk
Press enquiries:
Tracie Lack
Tel: 020 7433 6670
Email: brmarketing@brlets.co.uk