Monday, 19 August 2013

London house short-lets for £100K per week : Sloane Developments

That's £100,000 and for the benefit of international readers, £100,000 is US$160,000 or €120,000. And that's per week! This is an unsubstantiated rumour and we have tried contacting the letting agent for verification. The house is 'officially' marketed at £20,000 per week; so why would somebody pay 5 times the asking price?
Well summertime in London usually means 'short let season'; where prices asking prices are sometimes double or triple standard rates. This year short-let season coincides with Ramadan which makes it even more  lucrative... here's a video of the £100K house:

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