Properties to rent in LE14

Frequently asked questions about renting in LE14

What is the average rent in LE14?

The average rent for a home in LE14 is £1,645 a month. A few very expensive homes pull that average up, so a more typical rent is £1,315 a month. This is based on the 24 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in LE14?

A typical 2-bedroom home in LE14 rents for £1,050 a month and a 3-bedroom home £1,265 a month. So the extra bedroom adds about £220 a month. 4-bedroom homes rent for about £1,900 a month.

What is the price range of rental homes in LE14?

Most rents in LE14 are between £870 and £3,455 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,100 a month, and one in five £2,300 a month or more.

How many homes are available to rent in LE14?

There are 23 homes to rent in LE14 on Houses right now, plus 11 already let agreed. 11 new listings came onto the market in the last 30 days.

Are rents going up in LE14?

Yes. Homes put up to rent in LE14 over the last 12 months were advertised at a typical £1,115 a month, 11% higher than the year before (£1,000 a month). By size, 3-bedroom homes are up 4% and 4-bedroom homes are up 6%.

How quickly do rental homes let in LE14?

Most rental homes are let or taken off the market within about 4 weeks. About 50% go within the first month. Flats go faster, in about 3 weeks against about 4 weeks for houses.

What rental yield can I get in LE14?

Around 4.5% gross. That compares a typical rent of £1,315 a month with a typical sold price of £350,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in LE14?

Detached houses are the most common, about 4 in 10 homes to rent in LE14. Semi-detached houses come next, followed by bungalows. Semi-detached houses are the cheapest, at about £1,170 a month, and detached houses the most expensive, at about £2,290 a month.

Where is it cheaper to rent near LE14?

Of the areas around LE14, LE13 is the cheapest, with a typical rent of £825 a month, followed by NG13 (£995 a month) and LE12 (£1,100 a month). LE14 itself is £1,315 a month.

Are rental homes in LE14 furnished?

About 2 in 10 rental homes in LE14 that say so are furnished, and the rest come unfurnished.

What are the schools like in LE14?

There are 14 primary and 0 secondary schools in LE14. 91% of those inspected by Ofsted were rated good or outstanding, and 2 were outstanding.

Which train stations are in or near LE14?

Stations in LE14 include Melton Mowbray.