What are the key characteristics of a lock and leave property?
Isabella Birch Reynardson They’re spacious, beautifully designed apartments in buildings which have high-quality amenities, such as a swimming pool, spa, concierge and housekeeping. They also have a high level of security.
Rather like a hotel?
Yes, in as much as everything is under one roof. Tenants can be away for a lengthy period of time, but everything is in order and ready to enjoy the moment they return. It’s convenient, with little or no maintenance.
What kind of lifestyle do they appeal to?
A lock and leave property is the right solution for a variety of people. Some want a bolt hole while they are waiting to make a purchase, others need a base that is close to the right school. People are becoming more transient. They have several homes around the world and want a property that has everything they need without the stress of regular upkeep.
How can these properties enhance a tenant’s lifestyle?
Lifestyle features are popular. The Lancasters residential building (below) overlooks Kensington Gardens in London and has a swimming pool and gym, as well as 24-hour concierge and valet parking.
The luxury serviced apartments at The Columbus Residences in Monaco (below) have a heliport nearby and are close to Fontvieille harbour and central Monte-Carlo. They are part of the Columbus Monte-Carlo Hotel and are designed and furnished to a high level.
Mayfair House in London (above) is another outstanding example. It’s a prestigious building in the heart of Mayfair with 24-hour concierge. Although it doesn’t have its own facilities, tenants can have memberships to the Aman Spa at The Connaught next door (via separate negotiation).
So, security is a common theme?
We’re finding that people are a lot more security conscious when they are leaving their property. So, 24-hour concierge services and underground parking with 24-hour surveillance are all important factors.
For those in the market for a lock and leave property, they ask: Is it safe? Is it in the right location? Have I got everything under one roof – or close by – that I can use and enjoy while I’m here without the stress of maintaining it myself? We have a selection of properties that meet these criteria.
The Lancasters, Lancaster Gate, London
A superb three-bedroom apartment set in an exclusive and recently renovated building on Lancaster Gate.
The Columbus Residences, Monaco
The Columbus Residences form part of the sought-after Columbus Monte-Carlo Hotel. There are three configurations of apartment available, ranging from contemporary studios to a two-bedroom penthouse with roof terrace and plunge pool. Renting one of these serviced apartments for a 12-month period should meet the qualifying criteria for a Monaco residency card.