West Hampstead Rental Property – December 2020

29th December 2020 posted in Landlords Tenants

The rental market in West Hampstead is a vibrant one, and there are many great options for people looking for an affordable place to rent in a fantastic area of London.

At the start of December 2020, Rightmove had a total of 1,152 properties listed for rent in West Hampstead.

The highest priced rental property was listed at £13,000 per calendar month (pcm) for a three bedroom flat in St Johns Wood. The next highest rental property was listed as £12,545 pcm, and again, this was for a three-bedroom in St Johns Wood.

The lowest priced property was £395 pcm for a one-bedroom house share in Sarre Road and then a £450 pcm flat share on Harben Road.

These are the extremes of the rental market in and around West Hampstead, but it should indicate there is something for all range of budgets.

Of the 1,152 listed rental properties in West Hampstead, only five are listed as detached properties, and only one semi-detached property is listed for let in the area.

Flats are the most common property for rent in West Hampstead

There is an increase when it comes to terraced properties, but not by too much. There are 27 terraced properties listed for rent in and around West Hampstead according to Rightmove at the start of December.

Therefore, it shouldn’t be a surprise that the most popular form of property available for rent in West Hampstead is flats. There are 1,079 flats listed for rent, which is indicative of what the market has to offer.

There are 16 student halls available for rent in the West Hampstead area, if this one area of the market you are interested in.

Breakdown of furnished types of property for rent in and around West Hampstead:

  • 739 properties are listed as furnished in the West Hampstead rental market
  • 345 properties are listed as part-furnished in the West Hampstead rental market
  • 391 properties are listed as unfurnished in the West Hampstead rental market

Only 10 rental properties listed in West Hampstead are classed as house-share rentals.

Garden space and parking spots are in high demand

The recent Zoopla rental search terms list, which placed gardens as the most popular search of the year, is a reminder of what people are looking for in a new rental property. With parking and garages also featuring in the top three, these are clearly crucial components tenants are looking for when they snap up a new home.

Of the 1,152 listed rental properties in West Hampstead, 266 have been listed has having a garden. When you consider the abundance of flats for rent in the local area, this is a strong return. Also, there are many green and spacious areas within easy reach of most properties in this region.

If you are looking for property with a dedicated parking space, there are 244 listings with parking for rental property in West Hampstead.

A total of 65 properties for rent in West Hampstead are listed as offering a garden and parking space.

If you need any help or guidance regarding property matters, please get in touch. As your local housing market specialists, we will do what we can to ensure you make your next house move in style. Contact Hunters West Hampstead today for all your housing and letting needs.