Mar
28

Sane guide to letting during the Olympics…

The Independent have published a realistic guide to letting during the Olympics. Here are the stand out points:

1. If you are currently letting it to tenants, don’t terminate your existing rental agreement for two weeks of higher rent – good quality long-term tenants are worth their weight in gold

2. Centrally located properties, waking distance from public transport will do well – remember too that guests will be expecting hotel standard accommodation

3. As a rule of thumb, look at 2-3 times the standard rental value of the house: a typical three bedroom property in Shoreditch which is convenient for the Olympic Park would let for £600-£800 per week so during the Olympics this would go up to around £2,000, maybe even £3,000.

Read more here

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