Call 020 8088 9012
Quick Call Back

Name

Telephone Number

Email Address

Best time to contact

Call 020 8088 9012
3let Our Charity Partner Reg Charity No. 1095197
Call 020 8088 9012
Quick Call Back

Name

Telephone Number

Email Address

Best time to contact

guaranteed rent schemes | Wimbledon v Henley: where’s the best place to buy a property?

guaranteed rent schemes | Wimbledon v Henley: where’s the best place to buy a property?

guaranteed rent schemes

British summers are defined by tennis and regattas, but where makes a better home, asks Caroline McGhie.

We know summer is in full swing when we hear the roar of the crowd on Centre Court, the plop of oars as rowing eights pull up the Thames, or women speak of hats and garden parties. These time-honoured rituals give potency to privileged pockets of the property market in ways we may not have imagined.
Wimbledon, already well-heeled, with house prices on a level with Parson’s Green or Fulham, steps up to the table for extra helpings. As thousands pour in with their sun hats and umbrellas, some locals prepare for bumper weeks of rental income. The most ordinary houses and flats can command fantastic prices as long as they are within a 10-minute walk of the All England Tennis Club.

“There are people who let at his time of year but not at any other time,” says Alison Purdue, the lettings manager at Hamptons International. “You can usually get three times the rental value of a long let. This is more than the value of a holiday let. Tennis players, the media and people involved in running the tournament need places to stay.”
In Somerset Road, right by the courts’ entrance, families routinely pack their bags, clear their cupboards and drawers, and move out for the duration. Geti and Kamran Mahmood, with their teenage children Azhar and Zainab, are used to the annual exodus. They go off to stay with Geti’s mother in Kensington, leaving the house to earn as much as £5,750 a week.

“It is quite a lot of work to get it ready, but we have a garage we can put stuff in,” says Geti. This year is a little different as they have permanently moved out to a flat nearby and hope to find a long let through Hamptons International at £5,500 a month once the tennis is over. “It is a nightmare during the tournament as the road is closed,” says Geti. “But we all get passes so we can go in and watch, which is wonderful.”

The whole area gets a shot in the arm from the tournament. “It makes it a global destination,” says Clive Moon of Savills. “These days around 20-25 per cent of our buyers are from abroad.” A week before the tournament, the area shows off its village credentials with a huge summer fair on the Common.

*For the best of the guaranteed rent schemes contact 3Let on 020 8694 8098. If you have a property that you think meets our criteria, contact our teamwhere we will arrange a time to come and talk to you and inspect the property. You decide if you want the building rented for between one and five years. We make formal offers within 24 hours of seeing the property. Please note we require the relevant gas and safety certificates but we can arrange these for you if required.*

“You always have one foot in the country here because the Common comes right up to the High Street,” says Clive. “Yet you can see the London skyline because we are that close. Families love it. There are coffee shops, restaurants, all the specialist shops.”
At Henley-on-Thames in Oxfordshire, residents benefit from living in one of the prettiest riverside towns which also hosts the best-known rowing regatta in the world. The parade of glamorous hats entering the Royal Enclosure, the chink of Pimm’s and the thrill of watching the boats cross the finishing line, makes it one of the great English summer spectacles.

“Families move out every year to let their houses for the regatta,” says Suzy Garrett of Knight Frank. “The rowing is followed by the Henley Festival, so people rent for three weeks or a month and pay three times the value of a long let. It is also the prettiest time of the year when the river banks are draped with willows.”

*guaranteed rent schemes can be great, but make sure you check the terms and conditions. Why not call 3Let to see if we can help you on 020 8694 8098?*

People rent here for other reasons too. “There are those who have sold in London and rent to buy the right house when it comes up,” says Suzy.

The town is full of Victorian houses. “They sell at £600,000 to £1 million and are good for families,” says search agent Mark Parkinson of Middleton Advisors. “Outside town you find some of the top houses in the country, which sell at £15 million to £20 million. The countryside is beautiful, protected, pure chocolate box.” The most expensive sale was in 2011 when Park Place sold for £140 million.
In the heart of Henley, close to the picturesque five-arched bridge, Barry and Karen MacKay are selling Thamesfield Cottage with 45ft of river frontage, so they know this will be the last year they find themselves spectators at the regatta.

“We can walk along the Thames and watch everyone in their boaters and blazers without having to enter the enclosure,” says Barry. “I think a lot of people go for the fun rather than to watch the rowing. Then when the Music Festival arrives it is black tie and tails.”
This is the Home Counties at its velvet-lined best, and it doesn’t blink at fame in its midst. Beatle George Harrison lived at the Victorian Gothic mansion Friar Park for years until he died. These days you might spot Liam Gallagher, Orlando Bloom or screenwriter Richard Curtis popping into town to do their shopping.

View the original article here

Our rent guarantee scheme provides you with between 1 to 5 years worth of guaranteed rental income. What’s more, there’s no catch and no fees involved. Contact Guaranteed Rental today on 020 8694 8098 to find out more.

Customer Testimonials for our Guaranteed Rental Scheme