hyde park and bayswater student lettings INSIGHT...hyde park and bayswater student lettings INSIGHT...
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hyde park and bayswater student lettings INSIGHT Knight Frank Best known for… one of London’s largest parks - home to Speakers’ Corner, open-air concerts and the Serpentine lake Area overview: Hyde Park’s proximity to many of central London’s university campuses, as well as the 24-hour party atmosphere of the West End, adds to its appeal to international students, giving the area a strong cosmoplolitan presence. Our office has found rental properties for a broad spectrum of international students, with many moving here from mainland Europe, the Middle East and Asia. Properties: The majority of students ask to be within walking distance of their university to minimise travel costs. They also like the security of having a porter or concierge. One bedroom apartments are proving very popular, particularly at the new Merchant Square development in Paddington Basin. Social and cultural: Residents and visitors alike flock to the area’s designer boutiques and high-end cafes and eateries. Residents also benefit from being on top of London’s thriving West End, where there is a venue to cater for all discerning tastes, from its abundant cafes, restaurants, pubs and clubs to its cinemas, casinos, theatres and comedy clubs. Sport and leisure: Hyde Park is one of the Royal Parks of London and one of the capital’s largest parks, making it a great spot for joggers and cyclists. As well as offering residents a huge area of parkland, the Serpentine lake and surrounding facilities including boating and tennis courts, it also hosts large events in the warmer months, ranging from pop concerts and music festivals to speakers’ corner and triathlons. Transport: Travelling to any of London’s university campuses is easy as the area is served by a number of nearby rail and underground stations including Marble Arch, Edgware Road and Paddington, from which the Heathrow Express takes just 15 minutes to get to the airport. Page 1 of 2 Figure 1: Nearby tube stations, universities and colleges what you need to know about: Hyde Park & Bayswater Key to major university abbreviations BPP BPP University College Of Professional Studies Limited Imperial Imperial College London King's King's College London (University of London) LSE London School of Economics and Political Science (University of London) SOAS School of Oriental and African Studies (University of London) UCL University College London (University of London) Westminster University of Westminster
Transcript of hyde park and bayswater student lettings INSIGHT...hyde park and bayswater student lettings INSIGHT...
hyde park and bayswater
student lettings INSIGHTKnight Frank
Best known for… one of London’s largest parks - home to Speakers’ Corner, open-air concerts and the Serpentine lake
Area overview: Hyde Park’s proximity to many of central London’s university campuses, as well as the 24-hour party atmosphere of the West
End, adds to its appeal to international students, giving the area a strong cosmoplolitan presence. Our office has found rental properties for a
broad spectrum of international students, with many moving here from mainland Europe, the Middle East and Asia.
Properties: The majority of students ask to be within walking distance of their university to minimise travel costs. They also like the security of
having a porter or concierge. One bedroom apartments are proving very popular, particularly at the new Merchant Square development in
Paddington Basin.
Social and cultural: Residents and visitors alike flock to the area’s designer boutiques and high-end cafes and eateries. Residents also benefit
from being on top of London’s thriving West End, where there is a venue to cater for all discerning tastes, from its abundant cafes, restaurants,
pubs and clubs to its cinemas, casinos, theatres and comedy clubs.
Sport and leisure: Hyde Park is one of the Royal Parks of London and one of the capital’s largest parks, making it a great spot for joggers and
cyclists. As well as offering residents a huge area of parkland, the Serpentine lake and surrounding facilities including boating and tennis
courts, it also hosts large events in the warmer months, ranging from pop concerts and music festivals to speakers’ corner and triathlons.
Transport: Travelling to any of London’s university campuses is easy as the area is served by a number of nearby rail and underground stations
including Marble Arch, Edgware Road and Paddington, from which the Heathrow Express takes just 15 minutes to get to the airport.
Page 1 of 2
Figure 1: Nearby tube stations, universities and colleges
what you need to know about: Hyde Park & Bayswater
Key to major university abbreviations
BPP BPP University College Of Professional Studies LimitedImperial Imperial College LondonKing's King's College London (University of London)LSE London School of Economics and Political Science (University of London)SOAS School of Oriental and African Studies (University of London)UCL University College London (University of London)Westminster University of Westminster
hyde park and bayswater
student lettings INSIGHTKnight Frank
Fast facts: the student rental market in Hyde Park
Africa 2%
Asia 4%
Australasia 3%
Europe 27%
India 1%
Middle East 2%
North America 12%
Russia & CIS 2%
South America 1%
UK 46%
Total: 100%
Figure 2
Average rents in Hyde ParkRange of values per property size
Figure 3
Nationality of Knight Frank tenantsLondon lettings, past 12 months
£0
£200
£400
£600
£800
£1,000
£1,200
£1,400
£1,600
1 bed 2 bed 3 bed
Re
nt
£ p
er
we
ek
Asking rent: £320pw
Studio Flat in fantastic location
TO LET
Porchester Place, Connaught
Village, W2
Studio
Asking rent: £550pw
2 bedroom flat near Lancaster Gate
TO LET
Bathurst Street, Hyde Park,
W2
1 bed
Asking rent: £475pw
1 bedroom and brand new
LET
Merchant Square,
Paddington, W2
1 bed
Asking rent: £320pw
Studio Flat close to Hyde Park
LET
Connaught Stret, Connaught
Village, W2
Studio
Hyde Park and Bayswater properties
Knight Frank Lettings
+44 (0)20 7861 5522
Knight Frank LLP
55 Baker Street
London, W1U 8AN
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If you have any queries or would like to obtain additional information on the UK or international housing markets please contact: Liam Bailey, Head of Residential Research, +44 (0)20 7861 5133, [email protected]
© Knight Frank LLP 2011 - This report is published for general information only. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no legal responsibility can be accepted by
Knight Frank Residential Research or Knight Frank LLP for any loss or damage resultant from the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or
projects. Reproduction of this report in whole or in part is allowed with proper reference to Knight Frank Residential Research. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Registered office: 55
Baker Street, London, W1U 8AN
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