Houses to rent near Penrith Road, TS3, Middlesbrough

Frequently asked questions about renting in Penrith Road

What is the average rent in Penrith Road?

There are only 3 homes to rent in Penrith Road itself, so these figures cover the 108 homes to rent within 3 km. The average rent for a home within 3 km of Penrith Road is £815 a month. A few very expensive homes pull that average up, so a more typical rent is £750 a month.

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

A typical 2-bedroom home within 3 km of Penrith Road rents for £725 a month and a 3-bedroom home £750 a month. So the extra bedroom adds about £25 a month. 1-bedroom homes rent for around £540 a month, and 4-bedroom homes rent for about £1,200 a month.

What is the price range of rental homes in Penrith Road?

Most rents within 3 km of Penrith Road are between £410 and £2,400 a month, leaving out the very cheapest and most expensive. One in five rents for less than £600 a month, and one in five £1,100 a month or more.

How many homes are available to rent in Penrith Road?

There are 3 homes to rent in Penrith Road on Houses right now. Within 3 km there are 108, and the listings on this page include the nearest of them. 82 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in Penrith Road?

They are holding steady. Homes put up to rent within 3 km of Penrith Road over the last 12 months were advertised at a typical £700 a month, 0.7% higher than the year before (£695 a month). By size, 1-bedroom homes are down 5%, 2-bedroom homes are up 7% and 4-bedroom homes are up 5%.

How quickly do rental homes let in Penrith Road?

Within 3 km of Penrith Road, most rental homes are let or taken off the market within about 6 weeks. About 42% go within the first month. Houses go faster, in about 5 weeks against about 7 weeks for flats.

What rental yield can I get in Penrith Road?

About 10.5% gross for flats and 6.2% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Penrith Road over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Penrith Road?

Flats and apartments are the most common, about 4 in 10 homes to rent within 3 km of Penrith Road. Terraced houses come next, followed by semi-detached houses. Detached houses are the cheapest, at about £565 a month, and semi-detached houses the most expensive, at about £850 a month.

Are rental homes in Penrith Road furnished?

About half of rental homes within 3 km of Penrith Road that say so are furnished, and the rest come unfurnished.

What are the schools like in Penrith Road?

There are 0 primary and 1 secondary schools in Penrith Road.

Which train stations are in or near Penrith Road?

Penrith Road has no station of its own. The nearest are James Cook University Hospital, Marton and Gypsy Lane.