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Rental market update at Dickens Yard

Property investment at Dickens Yard, Marc von Grundherr comments

With plenty of buzzing shops and restaurants, beautiful green spaces and excellent transport links, Ealing is a great place to live and Dickens Yard has firmly put this vibrant London suburb firmly on the map.
West London continues to attract increasing numbers of renters, boosted by high specification property developments which continue to attract applicants keen to move West to look for more affordable rental accommodation. The rental market in Ealing is strong and Dickens Yard holds huge appeal, both for those moving out of central London and increasingly, for professionals moving to London from overseas. We are seeing high demand from corporate tenants generally, particularly young professionals look for affordability as a priority, boosted by the attractive local area and good transport links to central London.

Ealing has something for everyone – it’s a bustling, cosmopolitan area with a fantastic mix of bars and restaurants and there are great shops – from High Street stores to quirky, independent shops which local residents really value. Rental apartments at Dickens Yard are letting well with professionally furnished properties letting more quickly than unfurnished ones and demand highest for smaller apartments. Prices are competitive, £350 – £425 per week for a Manhattan Studio or one bed apartment, £460 – £530 per week for a two bed with one bath, £540 – £700 per week for a two bed with two baths and three beds from £800 per week. Apartments with views over Christchurch and the historic Old Town Hall are most in demand. Rental yields are exceeding expectations, with some landlords who bought off-plan here achieving 5% rental yield.

Our on-site office makes it easy for tenants to pop in and discuss availability. We handle virtually all lettings at the development so are on hand to help, whether you’re a landlord or looking for a rental home yourself. With plenty of stock available, applicants have a lot of choice so it is important for landlords to ensure their properties are presented in their best possible light to facilitate a quick let. We’ve had a lot of success at providing furnishing packages to many Dickens Yard landlords, these make an apartment really stand out from the crowd and can often be cheaper than buying all the items yourself. We also install within a few days if need be.

New residential developments with high spec facilities are the driving force behind the way many of us are choosing to live now, offering a sophisticated lifestyle that only a few years ago was the preserve of prime London apartment buildings. Dickens Yard was the obvious location for us to open a lettings branch in November 2012. Being on the spot means we can react quickly to any issues that arise. Our staff live locally and know the area well and can pass on the benefit of their extensive local knowledge to prospective tenants.

With so much going on and such fantastic transport links, Ealing is loved by renters so demand is likely to remain high for the foreseeable future. If you have a property to let in Ealing and would like a free rental valuation of your property, do call our Ealing branch at 020 8280 0140 or email us.

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About the Author

Marc has been a board director since 2001 and oversees the company’s rental operations as well as developing new business. He is instrumental in the company’s expansion and works closely with Managing Director Anita Mehra to develop its core services. Read more about Marc von Grundherr here - Read full profile

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