hamburger close
Home News Landlords News, Rental market update Rental success at Atlas Building

Rental success at Atlas Building

Getting your Trinity Audio player ready...

This September, we’re happy to share a rental success story at the newly completed Atlas Building in Old Street EC1. With its striking design and distinctive style, this stunning 40 storey building is the tallest residential tower in London’s Tech City and offers Zone 1 city living at its best.

This signature building is perfectly situated at the heart of London’s most creative district and has already witnessed exceptional rental demand. Our local Wapping branch recently let four properties within three days of furnishing/marketing and currently have eight fully-referenced tenants on the waiting list for apartments at this popular development. Many of the landlords in this building live overseas and rely on our local presence and management service, while the tenants sourced by us include corporate professionals working in the tech, banking and finance sectors, as well as international students moving to London to start university in September/October who often agree to pay one year rent in advance.

The 302 apartments at Atlas Building offer spectacular views of some of the City’s most well-known landmarks. Residents can enjoy an impressive range of lifestyle amenities including a gym, spa, swimming pool, cinema room, 24-hour concierge & security, private lounge and a public piazza with shops, cafes and restaurants.

Achieved rentals

Studios from £470 to £500 per week
1 beds from £550 to £650 per week
2 beds from £725 to £950 per week
3 beds dependent on size and specification

Mark Wellington, Area Manager says, “We’ve received an amazing response to Atlas building – the timing of completion couldn’t be better as it coincides with a period of robust rental demand. We’ve been able to achieve market rent despite the building being less than 50% occupied. One of the biggest draws of the Atlas Building is its highly desirable location, close to the financial and business heart of the City, while still offering residents the benefits of living nearby trendy East London.

Nothing is more rewarding than receiving good feedback from our clients. Here’s what they had to say

“Mark, thank you and your team for securing us a tenant within a week at a rent we are happy with!”

Landlord, Atlas Building

“We wanted to write to you and let you know that everything went smoothly, and everything in the apartment is great. Huge thanks once again for all your fantastic work! It was a real pleasure dealing with you!”

Tenant, Atlas Building

Rental demand in the City is extremely high at the moment with demand is outstripping supply. The booming tech sector in the capital continues to attract the best talent from across the world who are looking for high-quality rental accommodation in the area. Accurately priced and well-presented properties let very quickly, often within a couple of days.

Our Wapping branch has also enjoyed good success at Neroli House, the latest phase at Goodman Fields, with the next phase, Cassia House, completing soon. If you own a property in Atlas Building or Goodman’s Fields and would like a free no-obligation rental valuation of your property, please do get in touch.


About the Author

Established in 1958, Benham and Reeves is one of London’s oldest, independently owned property lettings and sales agents.  With specialism in residential sales, corporate lettings and property management in prime areas of London, the company operates from 21 prominently located branches and 14 international offices.