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
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.
average actual monthly rent
average time to let
average property yield
Breakdown
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
semi-detached
terrace
flat
other
Property type breakdown in City of London
Comparison
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 |
