Properties to rent in CM23

Frequently asked questions about renting in CM23

What is the average rent in CM23?

The average rent for a home in CM23 is £1,810 a month. A few very expensive homes pull that average up, so a more typical rent is £1,625 a month. This is based on the 64 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in CM23?

A typical 2-bedroom home in CM23 rents for £1,475 a month and a 3-bedroom home £1,995 a month. So the extra bedroom adds about £520 a month. 1-bedroom homes rent for around £1,340 a month, and 4-bedroom homes rent for about £3,050 a month.

What is the price range of rental homes in CM23?

Most rents in CM23 are between £1,210 and £3,050 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,400 a month, and one in five £2,200 a month or more.

How many homes are available to rent in CM23?

There are 55 homes to rent in CM23 on Houses right now, plus 43 already let agreed. 106 new listings came onto the market in the last 30 days.

Are rents going up in CM23?

Yes. Homes put up to rent in CM23 over the last 12 months were advertised at a typical £1,550 a month, 3.3% higher than the year before (£1,500 a month). By size, 3-bedroom homes are up 3% and 4-bedroom homes are up 20%.

How quickly do rental homes let in CM23?

Most rental homes are let or taken off the market within about 2 weeks. About 70% go within the first month. Flats go faster, in about 2 weeks against about 3 weeks for houses.

What rental yield can I get in CM23?

About 6.9% gross for flats and 4.9% for houses. That compares typical rents with what flats and houses actually sold for in CM23 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in CM23?

Flats and apartments are the most common, about 4 in 10 homes to rent in CM23. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,400 a month, and detached houses the most expensive, at about £3,050 a month.

Where is it cheaper to rent near CM23?

Of the areas around CM23, CM21 is the cheapest, with a typical rent of £1,250 a month, followed by CM20 (£1,565 a month) and CM17 (£1,900 a month). CM23 itself is £1,625 a month.

Are rental homes in CM23 furnished?

About 4 in 10 rental homes in CM23 that say so are furnished, and the rest come unfurnished.

What are the schools like in CM23?

There are 14 primary and 5 secondary schools in CM23. 100% of those inspected by Ofsted were rated good or outstanding, and 4 were outstanding.

Which train stations are in or near CM23?

Stations in CM23 include Bishops Stortford.