Short let properties in Stratford are being offered for up to £10,000 a week during the Olympic games.
The market isn’t big but the large sums to be made from this summer’s Games most certainly are, if the properties available to rent near Stratford’s Olympic village are anything to go by.
Stratford in East London, which normally features an average rental price of £1,700 a month, has been flooded with properties being offered at up to £10,000 a week, prices you might normally expect to pay in Chelsea or Kensington.
The area offers 277 such short let Olympic properties at the moment for between £4,000 and £6,500 a week, as displayed by our Smart Maps tool below.
Top of the pile is a house that’s ten minutes on foot from Stratford (see below), available for £10,000 a week or £43,000 a month. So what else remains to rent at the top of Stratford’s Olympic property market?
1. £10,000 a week
What: It might be sparsely furnished but it has seven bedrooms and therefore could sleep 14, making the rental price look more affordable per head.
Where: Ten minutes by foot east of Stratford Station in a quirky street of terraced mid-Victorian houses.
2. £6,500 a week
What: Three bedroom terraced mid-Victorian house that’s been expensively decorated throughout and includes an upmarket Italian kitchen. Comes with off-street parking, broadband and a twice-weekly cleaner.
Where: On a pretty and quiet street three miles south-west of the Olympic site. A bit out on a limb, but still just 20 minutes by public transport to Stratford station.
3. £5,000 a week
Where: A stone’s throw from the stadium overlooking both it and a canal.
What: Very large two-bedroom corner flat in a new-build block.
4. £5,000 a week
What: Three bedroom split level penthouse with three balconies, most offering excellent views of the Olympic site (pictured below).
Where: Five minutes by foot east of Stratford town centre and access to the Olympic village.
5. £5,000 a week
What: A furnished three-bedroom 1970s terraced house with a garden and, most crucially, off street parking. Has been refurbished recently.
Where: Just over the trainline from, and east of, the Olympic village. A five minute walk from Stratford rail and tube station too.
6. £5,000 a week
What: Noughties-built end of terrace family home in a residential-cum-industrial area. The attraction is its size – five bedrooms so will sleep ten people. Available only as a month-long let.
Where: Five minutes walk – and to the east of – Stratford town centre.
7. £4,800 a week
What: Tastefully decorated late Victorian terraced house with five bedrooms and a Zen style garden.
Where: Near Bow Street railway station, which is two stops (or two miles) south of Stratford.
8. £4,000 a week
What: Sportingly funky three-bedroom split level apartment with balcony. Pictures were obviously taken in late December, as there’s a Xmas tree in the lounge.
Where: Overlooking the Olympic village on a road to the west of the village.
9. £4,000 a week
What: Two bedroom new-build flat.
Where: Overlooking main stadium and canal from the west on a perimeter road.
10. £4,000 a week
What: A classy apartment in a recently-built block with three double bedrooms.
Where: Near a Unversity of London faculty next to the Olympic site.
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