Property investment stats for Covent Garden, Central London

• Rental yields are relatively robust for central London, with an average of 3.7% and top yields reaching 4.8% in the best-performing postcodes.
• The area’s appeal to students and young professionals — both in the 99th percentile nationally — ensures a steady stream of tenants willing to pay a premium for location and lifestyle.
• High demand for prime rentals is reflected in strong asking rents for both 3-bedroom houses (£5,958) and 2-bedroom flats (£4,525).

• Capital values have changed by -16.1% over three years, with an annualised change of -5.7%, so investors seeking short-term appreciation may be disappointed.
• The market is dominated by renters and short-term residents, so long-term voids are possible if demand shifts or international flows slow.
• With a median asking price of £2,500,000 for a 3-bedroom house, entry costs are exceptionally high and may limit liquidity for all but the most committed buyers.

Covent Garden’s prime status and global appeal mean it is unlikely to see dramatic shifts in demand, even if short-term capital growth has changed by -16.1% over three years. The area’s fundamentals — highly educated residents, a massive student and professional population, and a rental market in the 97th percentile — support ongoing rental demand, even as affordability remains challenging.

Investors should not expect rapid capital appreciation, given the annualised three-year change of -5.7%, but those focused on income and long-term stability will find the area’s resilience attractive. High entry costs and moderate liquidity mean this is a market for patient, well-capitalised investors.