In one of the fastest
super-prime lettings deals ever done in Mayfair
a 1,593 sq ft two bed dressed residence
in Clarges Mayfair has been let within 24 hours of going on the market.
The property has been let for £7,500 a week (£30,000 a month) on a 12 month let to someone described as an ‘international millennial tenant’ who said that they only wanted to live at Clarges Mayfair.
Peter Wetherell, Chief Executive of agents Wetherell says: “This is one of the fastest super-prime lettings deals ever done in Mayfair. Our tenant only wanted to live at Clarges Mayfair and loves Mayfair.
“The Mayfair lettings market has become the dominant sector within the district for big deals over the last 24 months and the market is extremely buoyant at present. This is the third super-prime lettings deal that Wetherell’s lettings department has done in the last month where the agreement has been sealed within 48 hours.
“Young ‘millennials’ in their 20s and 30s now comprise a large proportion of both private tenants and buyers in Mayfair and adjacent addresses including St James’s, Belgravia, Knightsbridge and Marylebone.”
While a letting like this sounds something of a landlord’s dream it needs to be remembered that Mayfair is a highly specialised, high end market. Tenants of this type are as unique as the properties they rent.