Houses to rent in Springbank, GL51, Gloucestershire

Frequently asked questions about renting in Springbank

What is the average rent in Springbank?

There are only 7 homes to rent in Springbank itself, so these figures cover the 261 homes to rent within 3 km. The average rent for a home within 3 km of Springbank is £1,540 a month. A few very expensive homes pull that average up, so a more typical rent is £1,325 a month.

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

A typical 2-bedroom home within 3 km of Springbank rents for £1,300 a month and a 3-bedroom home £1,700 a month. So the extra bedroom adds about £400 a month. 1-bedroom homes rent for around £950 a month, and 4-bedroom homes rent for about £2,500 a month.

What is the price range of rental homes in Springbank?

Most rents within 3 km of Springbank are between £750 and £6,975 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,000 a month, and one in five £1,800 a month or more.

How many homes are available to rent in Springbank?

There are 7 homes to rent in Springbank on Houses right now, plus 4 already let agreed. Within 3 km there are 261, and the listings on this page include the nearest of them. 229 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in Springbank?

They are holding steady. Homes put up to rent within 3 km of Springbank over the last 12 months were advertised at a typical £1,195 a month, about the same as the year before (£1,195 a month). By size, 1-bedroom homes are up 6%, 2-bedroom homes are down 4% and 3-bedroom homes are up 3%.

How quickly do rental homes let in Springbank?

Within 3 km of Springbank, most rental homes are let or taken off the market within about 3 weeks. About 63% go within the first month.

What rental yield can I get in Springbank?

About 7.0% gross for flats and 5.3% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Springbank over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Springbank?

Flats and apartments are the most common, about 6 in 10 homes to rent within 3 km of Springbank. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,200 a month, and detached houses the most expensive, at about £1,900 a month.

Where is it cheaper to rent near Springbank?

Of the areas around Springbank, Oakley is the cheapest, with a typical rent of £1,200 a month, followed by St. Pauls (£1,200 a month) and Charlton Park (£1,395 a month). Springbank itself is £1,200 a month.

Are rental homes in Springbank furnished?

About 4 in 10 rental homes within 3 km of Springbank that say so are furnished, and the rest come unfurnished.

What are the schools like in Springbank?

There are 1 primary and 1 secondary schools in Springbank.

Which train stations are in or near Springbank?

Springbank has no station of its own. The nearest is Cheltenham Spa.