Properties to rent in CM7

Frequently asked questions about renting in CM7

What is the average rent in CM7?

The average rent for a home in CM7 is £1,510 a month. A few very expensive homes pull that average up, so a more typical rent is £1,300 a month. This is based on the 75 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in CM7?

A typical 2-bedroom home in CM7 rents for £1,200 a month and a 3-bedroom home £1,775 a month. So the extra bedroom adds about £575 a month. 1-bedroom homes rent for around £1,000 a month, and 4-bedroom homes rent for about £2,150 a month.

What is the price range of rental homes in CM7?

Most rents in CM7 are between £945 and £2,975 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 £1,900 a month or more.

How many homes are available to rent in CM7?

There are 70 homes to rent in CM7 on Houses right now, plus 18 already let agreed. 60 new listings came onto the market in the last 30 days.

Are rents going up in CM7?

They are holding steady. Homes put up to rent in CM7 over the last 12 months were advertised at a typical £1,300 a month, about the same as the year before (£1,300 a month). By size, 1-bedroom homes are up 3%, 2-bedroom homes are up 4% and 3-bedroom homes are up 9%.

How quickly do rental homes let in CM7?

Most rental homes are let or taken off the market within about 3 weeks. About 66% go within the first month. Houses go faster, in about 2 weeks against about 3 weeks for flats.

What rental yield can I get in CM7?

About 7.6% gross for flats and 6.1% for houses. That compares typical rents with what flats and houses actually sold for in CM7 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in CM7?

Flats and apartments are the most common, about 4 in 10 homes to rent in CM7. Semi-detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £1,100 a month, and detached houses the most expensive, at about £2,150 a month.

Where is it cheaper to rent near CM7?

Of the areas around CM7, CM8 is the cheapest, with a typical rent of £1,200 a month, followed by CO9 (£1,250 a month) and CM1 (£1,400 a month). CM7 itself is £1,300 a month.

Are rental homes in CM7 furnished?

About 1 in 10 rental homes in CM7 that say so are furnished, and the rest come unfurnished.

What are the schools like in CM7?

There are 14 primary and 3 secondary schools in CM7. 82% of those inspected by Ofsted were rated good or outstanding.

Which train stations are in or near CM7?

Stations in CM7 include Braintree and Braintree Freeport.