Property To Rent For £45,000 A Week

One of the most expensive properties on the rental market.

In the affluent location of London’s Hyde Park resides the most talked about properties in the country. Boasting panoramic views, this penthouse apartment is located in the exclusive One Hyde Park – the most expensive block of flats in the world. It boasts five bedrooms, five reception rooms and parking for two cars.

This impressive penthouse apartment is on the rental market for £45,000-a-week or around £2.34m annually. This is the same cost as buying nine ‘average’ UK homes prices at £250.000.

Our source, The Daily Mail found that the cost meant a Briton on the average annual wage of £26,500 could stay for just three days in the stunning apartment before blowing their entire annual salary before tax.

To view photos of this stunning apartment, please see the Daily Mail’s Article.

Comparison with Applegate Properties:-

This information in comparison with the properties that we have in our portfolio differ dramatically. The average cost to rent a property in our area is between £450 per month and £800.

Applegate Properties Director, Amy Wray commented:-

Rental values remain strong and level in the Holmfirth and Huddersfield area, however there are more properties available which are of a good quality, and so we see the market becoming more and more competitive. Good quality accommodation is very important, tenants are looking through the EPC’s more frequently, never before has double glazing and gas fired central heating been as important.

To view our current list of properties available to rent please click here.

Photo Source: Thomas Barrat/Shutterstock

Source: http://www.dailymail.co.uk/news/article-2566527/Yours-45-000-WEEK-Penthouse-Londons-One-Hyde-Park-expensive-rental-property-country-goes-market-2-3million-year-thats-nine-average-homes.html