Buying rooms and suites in hotels or so called aparthotels is the latest trend for London landlords, writes Telegraph. A seemingly good solution for those who are fed up with worrying about the rental management – finding tenants, cleaning and repairs, are taken care of by the hotelier. We recommend you do a good research on the manager before making that investment but for starters, here are a few examples of that type of hotels in London:

Westminster Bridge Park Plaza
Situated in SE1. Already 80 per cent sold. All rooms have 999 year-leases and 6% guaranteed income return until 2015. Studios are from £265,000, one beds from £350,000 and one-bedroom suites from £575,000. A two-bedroom with a 900sq ft terrace facing Parliament is on sale for £2.3 million.

The Jones
In Bayswater on Inverness Terrace, one of the stately Victorian streets that run north from Hyde Park. Rooms start at £317,000, and the hotel is due to open this summer following a multi-million pound redevelopment programme. Investors are guaranteed a 6 per cent return for the first year. Photo from Guest Hotels.

Guesthouse West
All sold out. 163-165 Westbourne Grove, in Notting Hill W11 2RS. Buyers are receiving returns of 8 per cent, and Guestinvest claims that those who have used its resales service have achieved average capital growth of 15 per cent.

Chelsea Bridge
Chelsea Bridge Hotel is expected to get a four-star rating and has 218 rooms, of which 66 are for sale.

Blakes
3 Roland Gardens, London SW7 3PF. Impressive interior decoration by Anouska Hempel. Since it opened in the early Eighties, Blakes has become one of London’s most popular retreats for A-listers, with rooms costing from £210 to £1,000 a night. The 39 hotel rooms are not be available for sale on the open market, but will be offered for purchase to the hotel’s regular guests, many of whom are luminaries from the worlds of music, film and fashion. Room prices start from £1,000,000.

If you are interested in getting a room in that type of a hotel – Guest Hotels has five of them on their list.

This entry was posted on Sunday, May 11th, 2008 at 11:53 pm and is filed under For Tenant. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.