MAYFAIR SETS NEW RECORD HIGH MONTHLY RENT

The London property market is split between

those struggling to save a £50,000 deposit for their

first home and those spending more than this

on their weekly rent.

Now, a property in one of central London’s most exclusive neighbourhoods has set a new record high rent price, according to Knightsbridge-based letting, management and advisory service Tunstall Property and property data analysts, LonRes.

The house, on Brick Street in Mayfair, is being rented for over £216,000 per month, surpassing the record set last year by One Hyde Park, a luxury apartment block in Knightsbridge.

Mayfair is famous for being a property hotspot for the super-rich. With its Michelin star restaurants and designer boutiques, mansion owners are in their element.

Managing Director of Tunstall Property, Mark Tunstall, says: “Prime central London has a lot to offer and each neighbourhood has a distinct appeal to certain ultra-prime tenant groups. “The ‘Golden Triangle’, formed by the neighbourhoods of Mayfair, Belgravia and Knightsbridge, commands the highest rents.”1

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http://www.homesandproperty.co.uk/luxury/property/londons-most-luxurious-rental-homes-mayfair-sets-new-record-ultra-prime-rents-top-ps216k-month