City of London Letting Agents

City of London Letting Agents


A small but thriving lettings market exists in the financial powerhouse of the UK. Rentify can help you make the most of your letting with our handy borough guide.

Introduction

Letting property in the City of London

At Rentify we have property specialists dedicated to the City of London, armed with local expertise and unmatched valuation knowledge to find you the right tenants.

The City of London is a relatively tiny area of London measuring just 1.12 sq mi.

Colloquially referred to as The Square Mile for exactly that reason it is primarily a business area, housing around 10,000 residents in total.

Nevertheless demand for the few properties available is high, with towering skyscrapers offering fantastic views across London.

The City is not all about business however, with plenty of restaurants and bars catering to its workers’ needs.

The imposing St Paul’s Cathedral is a real draw, and overlooks the sleek One New Change shopping complex.

The Barbican Centre’s brutalist architecture houses Europe’s largest performing arts centre, hosting world-class music, theatre and art.

The Square Mile also has access to several tube lines as well as suburban rail links.

£2,334

average actual monthly rent

3 weeks

average time to let

3.8%

average property yield

City of London

The borough of City of London

Photo by Jim Linwood / CC BY


Breakdown

Types of property

Unsurprisingly, the City’s housing stock is almost exclusively flats. Modern, high-end developments are interspersed with period properties spanning the City’s long history.

Rentify letting insight

“Given the short supply of housing in the City, demand is very high and rents reflect that.”

detached

0.58%

semi-detached

0.4%

terrace

1.65%

flat

92.1%

other

5.26%

Property type breakdown in City of London


Comparison

How the different districts line-up

City of London's many districts each have their own character, catering to a variety of residents. Here's our top picks for new landlords in the area.

This borough covers the E1, EC1, EC2, EC3, EC4, WC1 and WC2 postcodes. Rentify uses proprietary methodology for data collection and processing. Borough data is collected from Rentify's property database and external public sources.
# Areas of
City of London

tenant demand

property yield

tenant security

1 Dowgate

2 Queenhithe

3 Vintry

4 Candlewick

5 Aldgate

6 Tower

7 Farringdon Without

8 Bishopsgate

9 Portsoken

10 Farringdon Within

11 Bread Street

12 Castle Baynard

13 Cornhill

14 Langbourn

15 Lime Street

16 Billingsgate

17 Cordwainer

18 Walbrook

19 Cripplegate

20 Broad Street

21 Bassishaw

22 Coleman Street

23 Aldersgate

24 Cheap

This borough covers the E1, EC1, EC2, EC3, EC4, WC1 and WC2 postcodes. Rentify uses proprietary methodology for data collection and processing. Borough data is collected from Rentify's property database and external public sources.

City of London's many districts each have their own character, catering to a variety of residents. Here's our top picks for new landlords in the area.

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0333 240 2222