If you want to flee the madding crowd, but don’t have the deposit to buy a house in the country, what about renting a fabulous nine bedroom house in East Yorkshire for the next 10 years for the same price as renting a two bedroom apartment in Kensington, west London.
A stately home for rent
Londesborough Hall, which is near Market Weighton, East Yorkshire, is a Tudor style house built in 1839 by Jeffry Wyatville, the architect who modernised Chatsworth House. The current owner inherited the property in the 1950’s and divided it into two in 1946.
“The southern part has been let since then to the same family, who are now leaving because they want to be nearer their grown up children.
The owner, who is in her 80s, would love another family to take it on” says Emily Spokes of Carter Jonas. “Rental opportunities for properties such as this are rare and it could be a dream family home for someone moving to the area or locals looking for a home with a difference”.
The house, which has beautiful interiors, a walled garden and heated swimming pool, is currently let for £15,000 a year, but the agent is looking to increase this to around £25,000 a year. Available from 1st May through Carter Jonas’s York office.
Long term love
Houses bought for investment are also sometimes let on two to three year leases, if they are in the right areas. Cobham and Esher in Surrey, for example, are popular with overseas tenants, usually Americans, who prefer to rent, rather than buy, a family home as they never know when they’ll be moved by their employer.
“We have several investor owners who like long term tenants because they feel it’s a safer investment. Smaller apartments tend to have more voids” says Bea Piazza of Jackson-Stops & Staff. In Icklingham Road, Cobham, a five bedroom house can be rented for £4,500 per month on a long lease; or for the same rental, a four bedroom house in Wayneflete Tower Avenue, Esher with outdoor swimming pool. Both are on the market through Jackson-Stops & Staff’s Weybridge office.
Rent instead of sell
Another reason that houses become available for a long let is when their owners go abroad for some time, but don’t want to sell the family home. Hamptons has a number of properties to let long term in Kent and Hampshire where the owners are away for at least five years.
Hosey Rigge House in Westerham, Kent is an imposing house, where Winston Churchill once lived, with six bedrooms, an indoor heated pool and two acres of lovely gardens. The family who own it are going abroad for several years and their ideal would be to find one tenant during that time. The property can be rented, unfurnished, for £8,000 a month through Hamptons’ Tunbridge Wells office.
Properties can also be rented for several years from the National Trust. After an initial six months contract, tenants can stay as long as they like on a rolling contract.
The National Trust has a variety of homes available from a two bedroom terraced house in Clumber Park, Nottinghamshire for £525 per month (£6,300 a year) to a three/four bedroom detached house in Woolbeding, near Midhurst, West Sussex for £1,995 per month (£23,940 per year).
Tenants are usually required to keep the properties in good condition and the homes are generally let to local people, who can’t get onto the housing ladder. The National Trust’s Swindon office deals with long term rental properties.
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Rental opportunities for properties such as this are rare and it could be a dream family home for someone moving to the area or locals looking for a home with a difference