Properties to rent in N1

Frequently asked questions about renting in N1

What is the average rent in N1?

The average rent for a home in N1 is £3,610 a month. A few very expensive homes pull that average up, so a more typical rent is £3,000 a month. This is based on the 424 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in N1?

A typical 2-bedroom home in N1 rents for £3,200 a month and a 3-bedroom home £4,475 a month. So the extra bedroom adds about £1,275 a month. 1-bedroom homes rent for around £2,500 a month, and 4-bedroom homes rent for about £5,450 a month.

What is the price range of rental homes in N1?

Most rents in N1 are between £1,825 and £12,000 a month, leaving out the very cheapest and most expensive. One in five rents for less than £2,300 a month, and one in five £4,400 a month or more.

How many homes are available to rent in N1?

There are 422 homes to rent in N1 on Houses right now, plus 119 already let agreed. 467 new listings came onto the market in the last 30 days.

Are rents going up in N1?

Yes. Homes put up to rent in N1 over the last 12 months were advertised at a typical £3,185 a month, 14% higher than the year before (£2,800 a month). By size, 1-bedroom homes are up 11%, 2-bedroom homes are up 12% and 3-bedroom homes are up 32%.

How quickly do rental homes let in N1?

Most rental homes are let or taken off the market within 10 days. About 73% go within the first month. Flats go faster, in 10 days against about 3 weeks for houses.

What rental yield can I get in N1?

About 6.2% gross for flats and 4.0% for houses. That compares typical rents with what flats and houses actually sold for in N1 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in N1?

Flats and apartments are the most common, about 9 in 10 homes to rent in N1. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £3,000 a month, and terraced houses the most expensive, at about £5,750 a month.

Where is it cheaper to rent near N1?

Of the areas around N1, EC1R is the cheapest, with a typical rent of £3,250 a month, followed by EC1Y (£3,350 a month) and EC1V (£3,600 a month). N1 itself is £3,000 a month.

Are rental homes in N1 furnished?

About 8 in 10 rental homes in N1 that say so are furnished, and the rest come unfurnished.

What are the schools like in N1?

There are 23 primary and 2 secondary schools in N1. 100% of those inspected by Ofsted were rated good or outstanding, and 11 were outstanding.

Which train stations are in or near N1?

Stations in N1 include Essex Road, Angel, Highbury and Islington and Canonbury.