The kew lettings market is very active, with a current inventory* of 288 properties available.
Asking prices for 1 beds are averaging £1,500pcm. Whilst market supply is reasonable, these properties appear to be moving well.
2 beds are averaging £1,750 pcm. This segment comprises 42% of available stock. Current market data suggests that landlords with 2 beds should invest time and regularly review asking price decisions.
3 bed properties are averaging £2,700, with the market data suggesting strong demand and low void periods.
As with all statistics, we urge some caution! Your property may have unique characteristics which may result in a higher than average rental valuation.
With demand expected to pick up leading into September, the next few months are going to be a busy time for landlords and tenants.
We hope you found this update both helpful and informative.
Pete
* Data sourced from Rightmove and Zoopla.
