Properties to rent in NE27

Frequently asked questions about renting in NE27

What is the average rent in NE27?

There are only 5 homes to rent in NE27 itself, so these figures cover the 113 homes to rent within 3 km. The average rent for a home within 3 km of NE27 is £995 a month. A few very expensive homes pull that average up, so a more typical rent is £875 a month.

How much is a 2 or 3 bedroom home to rent in NE27?

A typical 2-bedroom home within 3 km of NE27 rents for £850 a month and a 3-bedroom home £1,100 a month. So the extra bedroom adds about £250 a month. 1-bedroom homes rent for around £660 a month, and 4-bedroom homes rent for about £1,750 a month.

What is the price range of rental homes in NE27?

Most rents within 3 km of NE27 are between £595 and £2,555 a month, leaving out the very cheapest and most expensive. One in five rents for less than £700 a month, and one in five £1,300 a month or more.

How many homes are available to rent in NE27?

There are 5 homes to rent in NE27 on Houses right now, plus 3 already let agreed. Within 3 km there are 113, and the listings on this page include the nearest of them. 102 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in NE27?

Yes. Homes put up to rent within 3 km of NE27 over the last 12 months were advertised at a typical £830 a month, 3.8% higher than the year before (£800 a month). By size, 1-bedroom homes are up 2%, 2-bedroom homes are up 3% and 3-bedroom homes are up 2%.

How quickly do rental homes let in NE27?

Within 3 km of NE27, most rental homes are let or taken off the market within about 3 weeks. About 67% go within the first month.

What rental yield can I get in NE27?

About 7.1% gross for flats and 5.7% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of NE27 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in NE27?

Flats and apartments are the most common, about 6 in 10 homes to rent within 3 km of NE27. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £765 a month, and detached houses the most expensive, at about £1,550 a month.

Where is it cheaper to rent near NE27?

Of the areas around NE27, NE28 is the cheapest, with a typical rent of £770 a month, followed by NE29 (£825 a month) and NE25 (£850 a month). NE27 itself is £1,200 a month.

Are rental homes in NE27 furnished?

About a quarter of rental homes within 3 km of NE27 that say so are furnished, and the rest come unfurnished.

What are the schools like in NE27?

There are 3 primary and 0 secondary schools in NE27. 100% of those inspected by Ofsted were rated good or outstanding, and 2 were outstanding.