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Lettings success story: The Green Quarter

The Green Quarter is one of the UK’s most ambitious regeneration projects by Berkeley London in the west London Borough of Ealing. We have witnessed exceptional rental demand at this scheme with most well-presented properties let within a couple of weeks of completion. We recently furnished and let a home to a professional tenant within 24 hours of being instructed which ensured there was absolutely no void period for the landlord! We have been able to achieve healthy rentals for homes of all sizes:

Studios up to £1,200 per month
One beds up to £1,300 per month
Two beds up to £1,750 per month
Three beds up to £1,900 per month

Here are some examples of properties we’ve recently let at The Green Quarter.

1 bed at Arber House

  • Furnished by InStyle Direct
  • Date of instruction 10th March
  • Date let 16th March
  • Profile of tenant City professional
  • Asking rent £1300 pcm
  • Rent achieved £1250 pcm

1 bed at Edwin house

  • Furnished by InStyle Direct
  • Date of instruction 18th Feb
  • Date let 23rd Feb
  • Profile of tenant Student
  • Asking rent £1200 pcm
  • Rent achieved £1150 pcm

Suite at Edwin house

  • Furnished by InStyle Direct
  • Date of instruction 12th Feb
  • Date let 2nd March
  • Profile of tenant Student
  • Asking rent £1125 pcm
  • Rent achieved £1100 pcm

1 bed at Edwin house

  • Date of instruction 11th Feb
  • Date let 22nd Feb
  • Profile of tenant Finance professional
  • Asking rent £1300 pcm
  • Rent achieved £1300 pcm

2 bed at Edwin house

  • Date of instruction 12th Feb
  • Date let 5th March
  • Profile of tenant Family
  • Asking rent £1650 pcm
  • Rent achieved £1550 pcm

With yields up to 4.5%, coupled with forecasted capital growth, this is definitely a property development that is going to offer excellent long-term returns. If you want further information on how we can let your home at The Green Quarter or are looking to invest here, please do get in touch.

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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.

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