Properties to rent in B16

Frequently asked questions about renting in B16

What is the average rent in B16?

The average rent for a home in B16 is £1,255 a month. A typical home, the one in the middle of the range, is £1,200 a month. This is based on the 307 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in B16?

A typical 2-bedroom home in B16 rents for £1,300 a month and a 3-bedroom home £1,650 a month. So the extra bedroom adds about £350 a month. 1-bedroom homes rent for around £950 a month, and 4-bedroom homes rent for about £1,850 a month.

What is the price range of rental homes in B16?

Most rents in B16 are between £700 and £2,755 a month, leaving out the very cheapest and most expensive. One in five rents for less than £900 a month, and one in five £1,500 a month or more.

How many homes are available to rent in B16?

There are 364 homes to rent in B16 on Houses right now, plus 44 already let agreed. 532 new listings came onto the market in the last 30 days.

Are rents going up in B16?

Slightly down. Homes put up to rent in B16 over the last 12 months were advertised at a typical £1,225 a month, 2.4% lower than the year before (£1,255 a month). By size, 1-bedroom homes are up 4%.

How quickly do rental homes let in B16?

Most rental homes are let or taken off the market within 12 days. About 76% go within the first month. Flats go faster, in 10 days against about 7 weeks for houses.

What rental yield can I get in B16?

About 11.0% gross for flats and 4.0% for houses. That compares typical rents with what flats and houses actually sold for in B16 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in B16?

Flats and apartments are the most common, about 8 in 10 homes to rent in B16. Terraced houses come next, followed by semi-detached houses. Terraced houses are the cheapest, at about £1,125 a month, and flats and apartments the most expensive, at about £1,195 a month.

Where is it cheaper to rent near B16?

Of the areas around B16, B2 is the cheapest, with a typical rent of £925 a month, followed by B1 (£1,100 a month) and B18 (£1,150 a month). B16 itself is £1,200 a month.

Are rental homes in B16 furnished?

About 9 in 10 rental homes in B16 that say so are furnished, and the rest come unfurnished.

What are the schools like in B16?

There are 5 primary and 2 secondary schools in B16. 71% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.

Which train stations are in or near B16?

B16 has no station of its own. The nearest are Five Ways, Jewellery Quarter and Birmingham New Street.