Thinking of investing in London property to then short let on Airbnb?
This summary is far from exhaustive, but covers a few of some of the best areas within London to consider when buying properties for short letting:
- Kensington and Chelsea: Known for its upscale appeal, this borough is home to iconic landmarks, luxury shopping, and renowned museums. Areas like South Kensington, Notting Hill, and Chelsea offer a blend of historical charm, trendy boutiques, and access to Hyde Park, making them attractive to tourists and business travellers alike.
- Covent Garden and Soho: Situated in the heart of the city, these bustling areas are a magnet for entertainment, shopping, and dining experiences. The West End theatre district, Covent Garden Market, and vibrant nightlife make properties in this central location highly desirable for short lets.
- Camden: Famous for its alternative culture and vibrant music scene, Camden is a trendy neighbourhood that attracts a diverse range of visitors. With the iconic Camden Market, live music venues, and proximity to Regent’s Park, properties in this area offer a unique and eclectic charm.
- Shoreditch and Hoxton: Located in the East End, these neighbourhoods have transformed from industrial areas to thriving creative hubs. Shoreditch, known for its street art, trendy bars, and vibrant nightlife, has become a hotspot for young professionals and tourists seeking a hip and dynamic atmosphere.
- Greenwich: Situated on the banks of the River Thames, Greenwich offers a blend of history, culture, and stunning views. The UNESCO World Heritage site of Greenwich Park, the Royal Observatory, and the Cutty Sark make it an attractive destination for tourists looking for a mix of relaxation and exploration.
- Canary Wharf: As London’s financial district, Canary Wharf is a prime location for business travellers. With its iconic skyscrapers, waterside dining options, and excellent transport links, properties in this area can cater to the corporate market seeking convenience and modern amenities.
When considering properties for short letting in London, it’s essential to evaluate factors such as proximity to public transportation, popular attractions, and local amenities.
Additionally, ensuring compliance with local regulations and optimising the property’s appeal through tasteful interior design, top-notch customer service during a guests stay, and professional property management through a company like Michael D’Rews can truly maximise the potential for successful short-term rentals in these prime areas of London.
We hope that this has been of some value to you, and if you would like to have a chat, please just book a Zoom call.
