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Guide to Property For Rent In Marylebone, NW1

Rental market in Marylebone .

The rental market in London as a whole has been buoyant over the last 15 months. Data from the Office for National Statistics showed that out of all the English regions, rental prices increased the most in London (by 3.2% in the 12 months to March 2015). Properties to rent in Marylebone are always in high demand thanks to its central location and village atmosphere - it really does offer tenants a friendly oasis in a hectic metropolis.

Rental yields in the NW1 postcode (Camden borough) remain attractive, which is encouraging investors and landlords, with existing portfolios, to buy properties for sale in Marylebone, with the sole intention of letting them out. Londonpropertywatch.co.uk updates average rents and yields across London on a daily basis and, as of July 2015, the following figures illustrated the local rental market:

Property size in NW1 Average weekly rent Average yield

One bedroom property 414 3.8%

Two bedroom property 598 3.5%

Three bedroom property 1,051 3.8%

Larger property 1,735 2.8%

Who's renting in Marylebone?

Marylebone is the playground for the smart European set, as well as actors and musicians looking to be close to the West End action and Marylebone's very own A-list hotspot, Chiltern Firehouse. The network of cafs, one-off designer stores, delis and bars along Marylebone High Street appeal to a refined type of renter - one hankering after the chic Parisian or Italian way of life, perhaps. Also, expect doctors and medical professionals, due to Marylebone's close proximity to Harley Street.

Property types in MaryleboneMarylebone's character and ambience is preserved by the work of two respected estate management companies - the Portman Estate and the Howard de Walden estate. Together, they control over 200 acres of NW1 and almost 1,000 properties. Many of the flats and houses to rent in Marylebone are Georgian in style, although there is a healthy smattering of mansion blocks, brand new homes and one-off dwellings. Demand for properties to rent around the pretty garden squares - such as Portman Square, Bryanston Square and Montagu Square - remains high.

Marylebone area highlights

Image Source :Telegraph.co.ukThere's more to Marylebone than the famous Chiltern Firehouse restaurant (although it remains a favourite among celebrities). Residents look forward to the annual Marylebone Summer Fayre as it cements the neighbourhood's village status, while the weekly farmers' market every Sunday, on Cramer Street, provides locals with a more regular place to mingle.

The Caf culture burns bright in Marylebone with a number of places to grab a coffee or pain au chocolate along the attractive High Street. Residents often intersperse shopping in the many boutiques and independent stores with a quick coffee pit stop. Also in the neighbourhood are Wigmore Hall in Wigmore Street, the Wallace Collection in Manchester Square and the Everyman Cinema in Baker Street.

Properties to Rent around Marylebone

3 bedroom Flat to rent in Bryanston Square, London, W1 5 bedroom House to rent in Blandford Street, London, W1

For an updated and complete list of properties to rent in Marylebone, please visit www.sandfords.com

Contact UsFor more information on properties available to rent around Marylebone and central London, dont hesitate to contact or visit our Marylebone Estate Agents office.

Sandfords Marylebone Estate Agents

6 Paddington Street,London W1U 5QG

+44 (0)20 7224 4994

mvsales@sandfords.com mvlettings@sandfords.com

www.sandfords.com