The latest research by international rental platform Spotahome has found that the London property market presents the toughest challenge for tenants when it comes to finding a rental property suitable for working from home (WFH).
Spotahome analysed data on the rental market across 14 major European cities to find which was home to the highest proportion of stock with a space suitable to work from home.
Just 24% of London rental homes currently listed on the market came fit with a suitable working space.
Paris and Dublin also ranked as some of the worst cities for tenants looking to work from home, with just 29% and 37% of respective stock listed on the market specifically providing a space to work.
Valencia in Spain currently ranks as the capital for WFH rental homes.
Almost three quarters (71%) of rental stock in the city comes fit with a suitable space to work from with Milan (65%), Rome (61%) and Berlin (60%) seeing similar levels of WFH rental properties.
Jorge Alonso, Head of Data and Analytics at Spotahome, said: “Working from home is certainly the new normal at present and while it remains unclear as to whether this will be the case when normality returns, some form of remote working is likely to remain.
“However, doing so requires a proper space in which to do so and the figures show that when it comes to suitable rental stock, London is lagging behind other major European cities.
“This presents London landlords with a great opportunity to stand out from the crowd by presenting a property with a great workspace, particularly in a time where tenant demand has fallen bringing rents with it.”