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Top developments for high-quality rentals in and around London

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London’s rental market sees an influx of new tenants each year during the spring, summer and early autumn months. The summer months from June to September are usually busier as they coincide with the start of the new academic year and see an increase in professional relocations to the UK capital. To meet this increasing rental demand, many developers plan to complete projects during these months so landlords can capitalise and secure tenancies in advance.

With rental yields as high as 6% or more in some neighbourhoods, we are here to help landlords and property investors make the most of this peak rental season. For this reason, we have compiled a list of top developments in and around London that are due for completion (one or more phases) soon so that you do not miss out on any good opportunity.

Oval Village, SE11

Oval Village
Oval Village, SE11

Located in Zone 1 and offering up to 4.5% yields, Oval Village in Kennington is a property development by Berkeley featuring stylish apartments and penthouses with views of the famous Oval Cricket Ground. Within walking distance of Vauxhall, Oval and Kennington stations, this development is ideal for students and working professionals looking for short commutes to universities and offices within central London postcodes.

White City Living, W12

White City Living, W12
White City Living, W12

Just moments away from affluent neighbourhoods like Notting Hill, Holland Park, and Kensington, White City Living by Berkeley is an elite residential development offering modern apartments with world-class on-site amenities. Proximity to White City and Wood Lane Tube stations facilitates a quick commute to central London within a few minutes.

Bermondsey Heights, SE15

Bermondsey Heights
Bermondsey Heights, SE15

Close to London Bridge with projected yields of up to 5.7%, Bermondsey Heights is a collection of brand-new apartments with upscale lifestyle amenities like a 24-hour concierge, landscaped gardens and more. Extensive regeneration in the New Bermondsey area has led to many new residences, improved public infrastructure, and local commutes, leading to higher rental demand.

South Quay Plaza, E14

South Quay Plaza
South Quay Plaza, E14

As one of the tallest residential towers in Europe, South Quay Plaza offers luxurious living with a collection of apartments and penthouses overlooking Canary Wharf. In addition to amenities such as a swimming pool, spa, gym, bamboo garden and terrace bar, among many others, that justify premium rents, the development is within walking distance from Canary Wharf Tube, DLR and Elizabeth Line stations.

Silkstream, NW9

Silkstream
Silkstream, NW9

Silkstream by Berkeley is a Zone 3 development in Barnet close to the Brent Reservoir. It offers beautiful homes with nearly three acres of podium gardens, public parks, and a 175m oxbow lake. Proximity to the Jubilee and Northern Tube lines for easy commute and several well-regarded schools nearby make the development highly sought-after by families.

Grand Union, HA0

Grand Union
Grand Union, HA0

Set alongside the Grand Union Canal in Alperton, close to Wembley, Grand Union is a new waterside development by Berkeley with quick links to central London via Stonebridge Park and Alperton Tube stations. On-site amenities like a 10-pin bowling alley, waterfall garden, nursery, gym, supermarket, cafe and more serve the needs of diverse tenant groups, making it attractive for renters.

Poplar Riverside, E14

Poplar Riverside, E14
Poplar Riverside, E14

Poplar Riverside is an exciting Zone 2 development set alongside the banks of the River Lea and just a few minutes from Canary Wharf. Amenities such as a 20m swimming pool, gym, landscaped gardens, and more, along with a quick commute to top universities in central London and the City, make this development attractive to renters with expected yields of up to 5.7%.

TwelveTrees Park, E15

TwelveTrees Park
TwelveTrees Park, E15

Developed around 12 acres of green space in West Ham, TwelveTrees Park features new homes that appeal to modern tenants looking to rent in a vibrant East London neighbourhood close to lively areas like Stratford, Canary Wharf and the City. Access to multiple transport lines, such as the Jubilee, District and Hammersmith Tube lines, along with nearby Elizabeth Line, DLR and National Rail connectivity, make this development a popular rental hotspot.

Wembley Park Gardens, HA9

Wembley Park
Wembley Park Gardens, HA9

Only 12 minutes from central London, Wembley Park Gardens is a collection of over 450 new residences with excellent on-site amenities, including landscaped podium gardens and a roof terrace. Nearby attractions like the Wembley Stadium, Boxpark dining, and several ‘Outstanding’ schools add to rental demand, with average yields exceeding 5.5%.

Fulton & Fifth, HA9

Fulton & Fifth
Fulton & Fifth, HA9

Another Wembley development, Fulton & Fifth, comprises luxurious apartments built around scenic landscaped gardens. Its amenities include a spacious residents’ lounge, swimming pool, spa, gym, and more. Wembley Park Tube and Wembley Stadium Overground stations are within walking distance for smooth and easy commutes across the city.

The Exchange, WD24

The exchange
The Exchange, WD24

Located in Watford, just four minutes from Watford Junction Station, The Exchange features new apartments around landscaped gardens with beautiful art installations. While Watford is popular among professionals as a hub for many MNCs, the commute to central London is also smooth and swift, with direct trains to central London in 20 minutes.

These are some of the top developments in and around the UK capital where you can find ready-to-move-in homes to pursue your rental aspirations this year. As a leading estate and lettings agent, we provide a complete end-to-end service, handling all your property needs. Contact us to learn more about London property investments.

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Benham and Reeves

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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