Houses to rent in Oakwood, DE21, Derby

Frequently asked questions about renting in Oakwood

What is the average rent in Oakwood?

There are only 7 homes to rent in Oakwood itself, so these figures cover the 152 homes to rent within 3 km. The average rent for a home within 3 km of Oakwood is £1,065 a month. A few very expensive homes pull that average up, so a more typical rent is £950 a month.

How much is a 2 or 3 bedroom home to rent in Oakwood?

A typical 2-bedroom home within 3 km of Oakwood rents for £995 a month and a 3-bedroom home £1,350 a month. So the extra bedroom adds about £355 a month. 1-bedroom homes rent for around £850 a month, and 4-bedroom homes rent for about £1,450 a month.

What is the price range of rental homes in Oakwood?

Most rents within 3 km of Oakwood are between £595 and £2,400 a month, leaving out the very cheapest and most expensive. One in five rents for less than £780 a month, and one in five £1,400 a month or more.

How many homes are available to rent in Oakwood?

There are 7 homes to rent in Oakwood on Houses right now, plus 10 already let agreed. Within 3 km there are 152, and the listings on this page include the nearest of them. 212 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in Oakwood?

Slightly up. Homes put up to rent within 3 km of Oakwood over the last 12 months were advertised at a typical £925 a month, 2.8% higher than the year before (£900 a month). By size, 1-bedroom homes are up 6%, 3-bedroom homes are up 4% and 4-bedroom homes are up 9%.

How quickly do rental homes let in Oakwood?

Within 3 km of Oakwood, most rental homes are let or taken off the market within about 4 weeks. About 56% go within the first month. Houses go faster, in about 3 weeks against about 4 weeks for flats.

What rental yield can I get in Oakwood?

About 9.4% gross for flats and 6.5% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Oakwood over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Oakwood?

Flats and apartments are the most common, about 7 in 10 homes to rent within 3 km of Oakwood. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £895 a month, and detached houses the most expensive, at about £1,365 a month.

Where is it cheaper to rent near Oakwood?

Of the areas around Oakwood, Crewton is the cheapest, with a typical rent of £700 a month, followed by Little Chester (£840 a month) and Spondon (£1,025 a month). Oakwood itself is £1,100 a month.

Are rental homes in Oakwood furnished?

About three quarters of rental homes within 3 km of Oakwood that say so are furnished, and the rest come unfurnished.

What are the schools like in Oakwood?

There are 2 primary and 1 secondary schools in Oakwood. 100% of those inspected by Ofsted were rated good or outstanding.

Which train stations are in or near Oakwood?

Oakwood has no station of its own. The nearest is Spondon.