£365 a week: one-bedroom apartment in Goodge Street, close to the buzz of Charlotte Street
Simon Bray says that with a rental yield of around 3.5 per cent, buy-to-let investors are looking for capital growth rather than income. A lot of parents rent for student children at the nearby university colleges and demand peaks in September at the beginning of the academic year.
There is a large spread of rentals: for example, a one-bedroom flat on Cleveland Street is available for £280 a week; while letting agent AMBS (020 7561 1893) is offering a one-bedroom flat on Weymouth Street for £725 a week - but then it does come with a Philip Starck bathroom and a Poggenpohl kitchen, underground parking and a concierge.
Average prices: renting a house or flat in Fitzrovia
One-bedroom flat: £2,234 a month
Two-bedroom flat: £4,051 a month
Three-bedroom flat: £6,859 a month
Four-bedroom flat: £7,646 a month
More on Fitzrovia:
- Property area guide on Fitzrovia with average property prices, current houses and flats for sale, best streets, up-and-coming areas and commuting times.
- Local schools: This area has several state and private schools, as well as a bilingual French school and vocational fashion college.
- New homes: Fitzroy Place has luxury flats, a residents’ club, 24-hour concierge, a new square and offices with shops and restaurants.