Welcome to our Mortlake lettings update for August 2019.
With circa 50 properties being marketed. inventory levels are currently low in this highly desirable area.
Asking prices for 1 beds are averaging £1,350pcm, We see evidence of an overpriced flat which have been on the market for several months with a well known corporate, an issue which astute landlords should seek to avoid.
2 beds are averaging £1,830pcm, with the market data suggesting strong demand and low void periods.
There are a very low number of three and four bed properties on offer. With fantastic local schools such as Thomson House and St Mary Magdalenes, landlords can expect strong demand and low void periods.