If you are looking to invest in the London rental market, think about how the priorities of young professionals may have changed. Space for working from home and outdoor space will make rental properties much more appealing.
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In part due to the high level of rents in London, many young professionals rent properties with friends in co-living arrangements. Lockdown has seen a strain put on many of these relationships as multiple parties try to work from home in limited space, often with no access to gardens or outside communal space.

Will such arrangements become less appealing in the future? Will would-be renters retain interest only in those properties which have access to a garden or a balcony/roof terrace or a designated study/office space?

The importance of outside space, particularly in cities, may mean that those properties that can offer it will attract an increasing premium and have a market edge in both the rental and sales spheres.

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