As the home of Harrods, Harvey Nichols and the highest council tax in the city, it comes as no surprise that if you want to live in Chelsea, London, renting can be very expensive. With the average property price currently hovering at around £1.2 million in this area, renting a two-bed flat will set you back at least £2000 a month.
However, it's possible to get a champagne flat on a cider budget if you know the right places to look. Just across the border of the Kensington and Chelsea borough is Hammersmith and Fulham, where you will find all same amenities as Chelsea, but with cheaper council tax and rent (the average property price here is around £700, nearly half as much as Chelsea). What’s more, many of these places are just a short walk to the centre of Chelsea, so you get the best of both worlds!
This lovely spot is very popular with those who want to live the Chelsea life for less. With pretty green space, lots of local delis and even a popular champagne bar named Amuse Bouche, Parsons Green is a coveted area in its own right.Cheapest rent for a two-bed flat: £1,386 pcm Distance from the centre of Chelsea: 1.5 miles
If you prefer somewhere in the centre of the action, Fulham Broadway has plenty to offer. Bars, restaurants, a large cinema and great transport links make this area perfect for West London commuters.Cheapest rent for a two-bed flat: £1,387 pcm Distance from the centre of Chelsea: 1.2 miles
World’s End and Imperial Wharf
Despite what the name might suggest, World’s End is actually smack bang in the middle of the West London action. Beginning right by famous Chelsea nightclub Embargo 59, this area is just a short stroll to the shops and bars of the Kings Road.Cheapest rent for a two-bed flat: £1,300 pcm Distance from the centre of Chelsea: 0.5 miles
If riverside living appeals to you then consider renting in Battersea, located just across the river from Chelsea. Known for its lovely park and the famous Battersea Cats and Dogs Home, this is an ideal spot for renters looking for a bit of greenery and a view of the river.Cheapest rent for a two-bed flat: £1,560 pcm Distance from the centre of Chelsea: 0.7 miles
Just round the corner from Earls Court station, West Brompton has plenty of amenities, great transport links and some interesting landmarks for history and film buffs – Brompton Cemetery is one of the oldest in London, and has been used as a location for a number of Hollywood films.Cheapest rent for a two-bed flat: £1,517 pcm Distance from the centre of Chelsea: 1.2 miles
Last but certainly not least, West Kensington is a great spot for renters who want the charms of Chelsea at a decent rental price. With plenty of cafes and gastropubs, a diverse community and previous residents including the band Queen and Mahatma Gandhi, this area won't stay cheap for long.Cheapest rent for a two-bed flat: £1,300 pcm Distance from the centre of Chelsea: 1.9 miles