Houses to rent in Pennington, PE2, Peterborough

Frequently asked questions about renting in Pennington

What is the average rent in Pennington?

The average rent for a home in Pennington is £800 a month. A typical home, the one in the middle of the range, is £800 a month. This is based on the 15 homes to rent on Houses right now.

What is the price range of rental homes in Pennington?

Most rents in Pennington are between £620 and £880 a month, leaving out the very cheapest and most expensive. One in five rents for less than £750 a month, and one in five £880 a month or more.

How many homes are available to rent in Pennington?

There are 15 homes to rent in Pennington on Houses right now, plus 3 already let agreed. 12 new listings came onto the market in the last 30 days.

Are rents going up in Pennington?

Yes. Homes put up to rent in Pennington over the last 12 months were advertised at a typical £800 a month, 6.7% higher than the year before (£750 a month). By size, 1-bedroom homes are up 8% and 2-bedroom homes are up 4%.

How quickly do rental homes let in Pennington?

Most rental homes are let or taken off the market within about 3 weeks. About 63% go within the first month. Houses go faster, in 14 days against about 3 weeks for flats.

What rental yield can I get in Pennington?

Around 6.0% gross. That compares a typical rent of £800 a month with a typical sold price of £160,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in Pennington?

Flats and apartments are the most common, almost all homes to rent in Pennington.

Are rental homes in Pennington furnished?

About 3 in 10 rental homes in Pennington that say so are furnished, and the rest come unfurnished.

What are the schools like in Pennington?

There are 1 primary and 1 secondary schools in Pennington.