Houses to rent in Lee Bank, Birmingham

Frequently asked questions about renting in Lee Bank

What is the average rent in Lee Bank?

The average rent for a home in Lee Bank is £1,235 a month. A typical home, the one in the middle of the range, is £1,200 a month. This is based on the 365 homes to rent on Houses right now.

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

A typical 2-bedroom home in Lee Bank rents for £1,260 a month and a 3-bedroom home £1,965 a month. So the extra bedroom adds about £705 a month. 1-bedroom homes rent for around £975 a month.

What is the price range of rental homes in Lee Bank?

Most rents in Lee Bank are between £850 and £3,295 a month, leaving out the very cheapest and most expensive. One in five rents for less than £980 a month, and one in five £1,400 a month or more.

How many homes are available to rent in Lee Bank?

There are 337 homes to rent in Lee Bank on Houses right now, plus 56 already let agreed. 484 new listings came onto the market in the last 30 days.

Are rents going up in Lee Bank?

Slightly up. Homes put up to rent in Lee Bank over the last 12 months were advertised at a typical £1,250 a month, 2% higher than the year before (£1,225 a month). By size, 1-bedroom homes are up 10%, 2-bedroom homes are up 2% and 3-bedroom homes are up 19%.

How quickly do rental homes let in Lee Bank?

Most rental homes are let or taken off the market within 9 days. About 72% go within the first month. Flats go faster, in 9 days against about 4 weeks for houses.

What rental yield can I get in Lee Bank?

About 8.6% gross for flats and 4.0% for houses. That compares typical rents with what flats and houses actually sold for in Lee Bank over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Lee Bank?

Flats and apartments are the most common, almost all homes to rent in Lee Bank. Terraced houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £1,200 a month, and terraced houses the most expensive, at about £1,600 a month.

Where is it cheaper to rent near Lee Bank?

Of the areas around Lee Bank, Highgate is the cheapest, with a typical rent of £1,125 a month, followed by Edgbaston (£1,150 a month) and Birmingham (£1,180 a month). Lee Bank itself is £1,200 a month.

Are rental homes in Lee Bank furnished?

Almost all rental homes in Lee Bank that say so are furnished, and the rest come unfurnished.

What are the schools like in Lee Bank?

There are 3 primary and 1 secondary schools in Lee Bank. 83% of those inspected by Ofsted were rated good or outstanding, and 3 were outstanding.

Which train stations are in or near Lee Bank?

Stations in Lee Bank include Five Ways.