Properties to rent in M38

Frequently asked questions about renting in M38

What is the average rent in M38?

There are only 8 homes to rent in M38 itself, so these figures cover the 78 homes to rent within 3 km. The average rent for a home within 3 km of M38 is £1,175 a month. A typical home, the one in the middle of the range, is £1,125 a month.

How much is a 2 or 3 bedroom home to rent in M38?

A typical 2-bedroom home within 3 km of M38 rents for £950 a month and a 3-bedroom home £1,300 a month. So the extra bedroom adds about £350 a month. 1-bedroom homes rent for around £750 a month, and 4-bedroom homes rent for about £1,900 a month.

What is the price range of rental homes in M38?

Most rents within 3 km of M38 are between £750 and £2,060 a month, leaving out the very cheapest and most expensive. One in five rents for less than £900 a month, and one in five £1,400 a month or more.

How many homes are available to rent in M38?

There are 8 homes to rent in M38 on Houses right now, plus 6 already let agreed. Within 3 km there are 78, and the listings on this page include the nearest of them. 114 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in M38?

Yes. Homes put up to rent within 3 km of M38 over the last 12 months were advertised at a typical £1,050 a month, 5% higher than the year before (£1,000 a month). By size, 2-bedroom homes are up 3%, 3-bedroom homes are up 4% and 4-bedroom homes are up 20%.

How quickly do rental homes let in M38?

Within 3 km of M38, most rental homes are let or taken off the market within about 3 weeks. About 62% go within the first month. Houses go faster, in about 3 weeks against about 4 weeks for flats.

What rental yield can I get in M38?

About 9.3% gross for flats and 6.2% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of M38 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in M38?

Terraced houses are the most common, about a third of homes to rent within 3 km of M38. Semi-detached houses come next, followed by flats and apartments. Flats and apartments are the cheapest, at about £875 a month, and detached houses the most expensive, at about £1,850 a month.

Where is it cheaper to rent near M38?

Of the areas around M38, M46 is the cheapest, with a typical rent of £815 a month, followed by BL4 (£900 a month) and BL3 (£1,000 a month). M38 itself is £1,025 a month.

Are rental homes in M38 furnished?

About 4 in 10 rental homes within 3 km of M38 that say so are furnished, and the rest come unfurnished.

What are the schools like in M38?

There are 6 primary and 0 secondary schools in M38. 67% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.

Which train stations are in or near M38?

M38 has no station of its own. The nearest are Walkden, Moses Gate and Farnworth.