Properties to rent in EC1M

Frequently asked questions about renting in EC1M

What is the average rent in EC1M?

There are only 9 homes to rent in EC1M itself, so these figures cover the 1,437 homes to rent within 3 km. The average rent for a home within 3 km of EC1M is £4,370 a month. A few very expensive homes pull that average up, so a more typical rent is £3,250 a month.

How much is a 2 or 3 bedroom home to rent in EC1M?

A typical 2-bedroom home within 3 km of EC1M rents for £3,500 a month and a 3-bedroom home £4,900 a month. So the extra bedroom adds about £1,400 a month. 1-bedroom homes rent for around £2,600 a month.

What is the price range of rental homes in EC1M?

Most rents within 3 km of EC1M are between £1,800 and £49,405 a month, leaving out the very cheapest and most expensive. One in five rents for less than £2,400 a month, and one in five £5,000 a month or more.

How many homes are available to rent in EC1M?

There are 9 homes to rent in EC1M on Houses right now, plus 4 already let agreed. Within 3 km there are 1,437, and the listings on this page include the nearest of them. 2,933 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in EC1M?

Yes. Homes put up to rent within 3 km of EC1M over the last 12 months were advertised at a typical £3,210 a month, 5.2% higher than the year before (£3,050 a month). By size, 1-bedroom homes are up 4%, 2-bedroom homes are up 3% and 3-bedroom homes are up 8%.

How quickly do rental homes let in EC1M?

Within 3 km of EC1M, most rental homes are let or taken off the market within about 2 weeks. About 66% 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 EC1M?

About 6.7% gross for flats and 4.6% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of EC1M over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in EC1M?

Flats and apartments are the most common, about 9 in 10 homes to rent within 3 km of EC1M. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £3,200 a month, and semi-detached houses the most expensive, at about £7,980 a month.

Where is it cheaper to rent near EC1M?

Of the areas around EC1M, EC1A is the cheapest, with a typical rent of £2,900 a month, followed by EC2Y (£3,000 a month) and EC1N (£3,105 a month). EC1M itself is £3,600 a month.

Are rental homes in EC1M furnished?

About 9 in 10 rental homes within 3 km of EC1M that say so are furnished, and the rest come unfurnished.

Which train stations are in or near EC1M?

Stations in EC1M include Farringdon and Barbican.