Properties to rent in LE16

Frequently asked questions about renting in LE16

What is the average rent in LE16?

The average rent for a home in LE16 is £1,240 a month. A typical home, the one in the middle of the range, is £1,200 a month. This is based on the 29 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in LE16?

A typical 2-bedroom home in LE16 rents for £1,050 a month and a 3-bedroom home £1,500 a month. So the extra bedroom adds about £455 a month. 1-bedroom homes rent for around £875 a month.

What is the price range of rental homes in LE16?

Most rents in LE16 are between £635 and £2,680 a month, leaving out the very cheapest and most expensive. One in five rents for less than £850 a month, and one in five £1,500 a month or more.

How many homes are available to rent in LE16?

There are 29 homes to rent in LE16 on Houses right now, plus 16 already let agreed. 25 new listings came onto the market in the last 30 days.

Are rents going up in LE16?

Yes. Homes put up to rent in LE16 over the last 12 months were advertised at a typical £1,200 a month, 9.6% higher than the year before (£1,095 a month). By size, 1-bedroom homes are up 7%, 2-bedroom homes are up 5% and 3-bedroom homes are up 8%.

How quickly do rental homes let in LE16?

Most rental homes are let or taken off the market within about 3 weeks. About 64% 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 LE16?

About 6.0% gross for flats and 4.7% for houses. That compares typical rents with what flats and houses actually sold for in LE16 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in LE16?

Flats and apartments are the most common, about a third of homes to rent in LE16. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £850 a month, and terraced houses the most expensive, at about £1,400 a month.

Where is it cheaper to rent near LE16?

Of the areas around LE16, NN16 is the cheapest, with a typical rent of £895 a month, followed by LE8 (£1,100 a month) and NN18 (£1,100 a month). LE16 itself is £1,200 a month.

Are rental homes in LE16 furnished?

About 4 in 10 rental homes in LE16 that say so are furnished, and the rest come unfurnished.

What are the schools like in LE16?

There are 15 primary and 2 secondary schools in LE16. 92% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.

Which train stations are in or near LE16?

Stations in LE16 include Market Harborough.