The Home Counties have always held a particular draw for Londoners eager for more space, but as the price gap between a City home and one in Berkshire (for example) has narrowed, ‘selling to buy’ is no longer necessarily the preferred method for those with their sights set on an 'escape to the country.'
Instead, property experts are seeing the beginnings of what could be deemed a ‘rent to rent’ trend emerging, whereby London home-owners facilitate their relocation dreams not by selling their city homes, but by letting them out either by Airbnb, or traditional rental methods.
Understandably, this trend has translated into heightened demand on the Home Counties high-end rental market, and at a time when stock is already under pressure from the ebb in homeownership rates seen among renters leaving London (the number leaving to buy dropped 30% in ten years, from 51% to 21%.)
Speaking on this matter, James Farrance, Lettings Director at Braxton Estate Agent in Maidenhead, says: ‘With rental demand currently outstripping supply, many high-end homeowners might well find themselves in the unique position of being able to take advantage of today's ‘landlord’s market,’ whilst in the process, actioning their own relocation ambitions.’
Nestled in the quaint village of Waltham St Lawrence, near Maidenhead, this newly-listed property is currently generating high interest among such ‘rent to renters' who are keen to balance the space and pace of village life, with being a commutable distance to the City.
Blending modern design with classical village style, the home features stunning living space, arranged over three floors, with terraces affording spectacular countryside views.
Boasting five double bedrooms, two en-suites, private extensive gardens and a self-contained studio suite, this home is perfectly poised to accommodate many of the professional and lifestyle non-negotiables that seem to have underpinned so much of the great ‘London exodus.’
For more details on this property, please contact James Farrance at Braxton on 01628 674234 or email jfarrance@braxtons.co.uk