Properties to rent in CO11

Frequently asked questions about renting in CO11

What is the average rent in CO11?

There are only 12 homes to rent in CO11 itself, so these figures cover the 34 homes to rent within 5 km. The average rent for a home within 5 km of CO11 is £1,570 a month. A few very expensive homes pull that average up, so a more typical rent is £1,450 a month.

How much is a 2 or 3 bedroom home to rent in CO11?

A typical 2-bedroom home within 5 km of CO11 rents for £1,300 a month and a 3-bedroom home £1,450 a month. So the extra bedroom adds about £150 a month. 1-bedroom homes rent for around £890 a month, and 4-bedroom homes rent for about £2,500 a month.

What is the price range of rental homes in CO11?

Most rents within 5 km of CO11 are between £780 and £2,720 a month, leaving out the very cheapest and most expensive. One in five rents for less than £990 a month, and one in five £2,200 a month or more.

How many homes are available to rent in CO11?

There are 12 homes to rent in CO11 on Houses right now, plus 4 already let agreed. Within 5 km there are 34, and the listings on this page include the nearest of them. 30 new listings came onto the market within 5 km in the last 30 days.

Are rents going up in CO11?

Yes. Homes put up to rent within 5 km of CO11 over the last 12 months were advertised at a typical £1,355 a month, 4% higher than the year before (£1,300 a month). By size, 1-bedroom homes are up 8%, 2-bedroom homes are up 4% and 3-bedroom homes are up 7%.

How quickly do rental homes let in CO11?

Within 5 km of CO11, most rental homes are let or taken off the market within about 3 weeks. About 59% go within the first month.

What rental yield can I get in CO11?

About 6.4% gross for flats and 5.4% for houses. That compares typical rents with what flats and houses actually sold for within 5 km of CO11 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in CO11?

Detached houses are the most common, about 2 in 10 homes to rent within 5 km of CO11. Semi-detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £890 a month, and detached houses the most expensive, at about £2,400 a month.

Where is it cheaper to rent near CO11?

Of the areas around CO11, IP2 is the cheapest, with a typical rent of £950 a month, followed by CO12 (£1,000 a month) and IP8 (£1,050 a month). CO11 itself is £1,625 a month.

Are rental homes in CO11 furnished?

About 1 in 10 rental homes within 5 km of CO11 that say so are furnished, and the rest come unfurnished.

What are the schools like in CO11?

There are 6 primary and 1 secondary schools in CO11. 86% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.

Which train stations are in or near CO11?

Stations in CO11 include Mistley, Manningtree and Wrabness.