guide to property for rent in primrose hill
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Find out who's renting in Primrose Hill and the latest properties to rent in the area with SandfordsTRANSCRIPT
Specialists in Sales, Lettings and acquisition of prime residential property in Central and North West Londonsandfords
Guide to Property for Rent in Primrose Hill
Rental market in Primrose Hill .
The rental market in the NW1 postcode (Camden borough) is growing, with rents rising on a month-by-month basis, according to figures from Londonpropertywatch.co.uk. The biggest rises are among one and two-bedroom flats to rent in Primrose Hill. In terms of yields, the returns far outweigh those seen in the traditional savings sector - with an average yield of 3.35%, approximately triple the rate seen on a standard cash ISA held with a high street bank. This rate of return is encouraging new landlords determined to make any investment rewarding, safe in the knowledge that Primrose Hill never falls out of fashion with tenants.
Property size in NW1 Average weekly rent Average yield
One bedroom property £425 3.8%
Two bedroom property £601 3.4%
Three bedroom property £979 3.6%
Larger property £1,577 2.6%
Who's renting in Primrose Hill?
London's creative powerhouses have been drawn to Primrose Hill for some time, with singers, actors, poets, authors, media professionals and models flocking to the early Victorian terraces and sweeping crescents. The rental market is especially strong among young tenants as it's a cheaper, faster way to enter this prestigious property market. Professional couples and families are normally first in line at Primrose Hill letting agents, keen to enjoy the village atmosphere, views from the hill and close proximity to Regent's Park and Hyde Park.
Property types in Primrose HillThe property stock in Primrose Hill is mostly Victorian, with an abundance
of white stucco-fronted houses and red-brick terraces - some of which
have been converted into apartments. Houses and flats to rent in
Primrose Hill are always in demand - no more so than in Chalcot Square,
where the pretty pastel façades provide the neighbourhood's most
recognisable street setting. Any residence designed by Prince Regent's
architect, John Nash, is also hot property among the rental crowds -
especially among international tenants looking for a statement address.
The Elsworthy Road conservation area, Regent's Park Road, Wadham
Gardens and Gloucester Avenue continue to be the most coveted
locations.
Primrose Hill area highlights
It's hard to find a downside to living in Primrose Hill. The neighbourhood is so charming that it has been the setting for many films, as well as providing locals and visitors with stunning views over London, thanks to its lofty position almost 63 metres above sea level. Primrose Hill property forms an interesting backdrop, with Victorian and Regency architecture lending a flourish to almost every street. There's also a thriving social scene, driven by gastro pubs, coffee shops, high-end boutiques and a la carte restaurants providing a refreshing and altogether more intimate alternative to the somewhat commercialised West End.
Properties to Rent around Primrose Hill
4 bedroom Maisonette to rent in Prince Albert Road, London, NW1 1 bedroom Flat to rent in The Chalk House, London, NW1
For an updated and complete list of properties to rent in Primrose Hill , please visit www.sandfords.com
Contact UsFor more information on properties available for sale or to rent in Primrose Hill and surrounding areas, don’t hesitate to contact or visit our Primrose Hill Estate Agents office.
Sandfords Primrose Hill Estate Agents
107 Regent’s Park Road,
London NW1 8UR
T: +44 (0)20 7722 7997
F: +44 (0)20 7722 2871
[email protected]@sandfords.com
www.sandfords.com