Renting guide: City of London

The City of London is the ideal spot for walk-to-work Londoners who balance out high rents with big savings on commuting costs
More on the City of London:
one-bedroom flat at Bunyan Court, BarbicanFrank Harris’s lettings department has a range of properties to rent, from a studio in Florin Court – where Poirot lived in the TV series – in Charterhouse Square at £285 a week to a one-bedroom flat at Bunyan Court, Barbican, for £390 a week.

Lettings manager, Ian Swale, says people rent in the City because they want to be able to walk to work. “If you have to be at your desk early you don’t want an hour’s commute in the morning. We get young professionals, sharers and couples but not many families. Most of the younger people live in the City full-time, but more senior people tend to have a house outside London and need a pied a terre during the week returning home at the weekend.”

Ian Swale says that rents might appear high but there is no commuting cost and a lot of people don’t even bother owning a car, so there are big savings.

Average prices: renting in the City of London
One-bedroom flat: £2,552 a month
Two-bedroom flat: £3,050 a month
Two-bedroom house: £3,696 a month
Three-bedroom flat: £3,627 a month
Three-bedroom house: £4,918 a month

City of London spotlight feature: property area guide

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