Rihanna Rents ‘Secret’ £30m London Mansion For £16,000 A Week

Singer Rihanna has been living secretly in north London for the last year, and is paying £16,000 a week to rent a luxury mansion worth an estimated £30m a national newspaper report says.

The Daily Mail says that Rihanna’s home is located in one of the ‘capital’s most exclusive enclaves’ and that it has seven bedrooms, five bathrooms, a gym, underfloor heating, manicured landscaped gardens and – that all important essential for any mansion – plenty of off street parking.

Barbados-born Rihanna is perhaps most famous for her 2007 hit song ‘Umbrella’ and is said to be worth $260m.

Although the Daily Mail’s story centres on revealing Rihanna’s previously-unknown London home the story is interesting from a property point of view too: Paying £16,000 a week rent for a house worth £30m represents a meagre rental yield of just 2.77% for the landlord – but a great deal for the tenant. Rihanna, it seems, is as shrewd in her property dealings as she is in her musical career.

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Source Daily Mail
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