Properties to rent in M23

Frequently asked questions about renting in M23

What is the average rent in M23?

The average rent for a home in M23 is £1,245 a month. A few very expensive homes pull that average up, so a more typical rent is £1,150 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 M23?

A typical 2-bedroom home in M23 rents for £1,150 a month and a 3-bedroom home £1,325 a month. So the extra bedroom adds about £175 a month.

What is the price range of rental homes in M23?

Most rents in M23 are between £1,015 and £1,670 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,200 a month, and one in five £1,400 a month or more.

How many homes are available to rent in M23?

There are 24 homes to rent in M23 on Houses right now, plus 13 already let agreed. 24 new listings came onto the market in the last 30 days.

Are rents going up in M23?

They are holding steady. Homes put up to rent in M23 over the last 12 months were advertised at a typical £1,200 a month, about the same as the year before (£1,200 a month). By size, 1-bedroom homes are up 7%, 2-bedroom homes are up 2% and 3-bedroom homes are up 4%.

How quickly do rental homes let in M23?

Most rental homes are let or taken off the market within about 3 weeks. About 63% 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 M23?

About 8.1% gross for flats and 6.3% for houses. That compares typical rents with what flats and houses actually sold for in M23 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in M23?

Flats and apartments are the most common, about 5 in 10 homes to rent in M23. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,150 a month, and terraced houses the most expensive, at about £1,450 a month.

Where is it cheaper to rent near M23?

Of the areas around M23, M21 is the cheapest, with a typical rent of £1,175 a month, followed by M22 (£1,195 a month) and M33 (£1,250 a month). M23 itself is £1,150 a month.

Are rental homes in M23 furnished?

About 6 in 10 rental homes in M23 that say so are furnished, and the rest come unfurnished.

What are the schools like in M23?

There are 8 primary and 3 secondary schools in M23. 70% of those inspected by Ofsted were rated good or outstanding.

Which train stations are in or near M23?

M23 has no station of its own. The nearest are Manchester Airport, Gatley and Navigation Road.