Area:Covent Garden
In Congestion Zone:Yes.
Parking and Traffic:Permits & Meters.  Congested all weekend.
Ethnicity Bias:International
Investor ProfilePension, Business, Cash&Equity, University
Per 1000 population363106
Yield Range:4.3% - 10.1%
Price Ranges  Low £Hi       £Low £pwHi £pwLowHi
Studio flat135,000275,0001553606.0%6.8%
1 bed flat225,000450,0002606956.0%8.0%
2 bed flat350,000950,00036018505.3%10.1%
2 bed house475,0002,000,0007502,1005.5%8.2%
3 bed house650,0003,000,0009002,5004.3%7.2%
Valuations above the London average by:130.3% (£557,022)
 ActualLondon Average
 Capital growth last 12 months:5.5%19%
 Capital growth last 48 months:6.0%89%
 Tube: Covent Garden Piccadily (Zone 1) – 7 mins to Oxford Circus
 Demand For Letting:Excellent
 Average void period:2 days

(out of 10)

Capital Growth

(out of 5)


(out of 5)

Out of 10:844
 Summary:Very central party goer’s area with excellent yields and capital growth.
Sought After Streets:Everywhere!


I would love to have a flat here for all the wrong reasons – its right next to the all night party zones Leicester Square and Soho.  I am not alone in this thinking.  The young and very rich ‘it’ wannabes want to live here also.  There is a big premium paid to live here and this is reflected in the high property prices and equally high rental prices.  The area has not been any kind of boom over the last 4 years – its always been expensive!

Don’t expect to find many properties for sale here.  A lot of the buildings in this area have either turned in to retail units or offices.  Due to the lack of supply of living space in this area and demand being high the rental figures can ever only be guides.  If you have a property that someone wants to rent, and money is no object to them, don’t be surprised if you get a yield of 12% or greater.  Try to find a property with a unique twist like a balcony overlooking Covent Garden Square for example.

 Estate Agents:NameAddressTelWeb
 Freshwater GroupFreshwater House, 158-162 Shaftesbury Avenue, Covent Garden, London, WC2020 7836 1555 
 Feiner de Smith47 Poland Street, Covent Garden, London, W1F 7N6020 7734 3931 
 Drury Estates Ltd2 Nottingham Court, Covent Garden, London, WC2H 9BF020 7395
 Copping Joyce196 Shaftesbury Avenue, Covent Garden, London, WC2020 7379 5300 
 Winkworth5 New Oxford Street, Covent Garden, London, WC1A 1BH020 7240 3322 
 Alan Croft & Partners25, Garrick St
020 7240 7494 
 Letting Agents:NameAddressTelWeb
 Copping Joyce196 Shaftesbury Avenue, London, WC2H 8JF020 7836
 John D Wood & Co Lettings 020 7436
 Barnard Marcus 020 7637
 Doorknobs23, Rose St
020 7240