Properties to rent in NE32

Frequently asked questions about renting in NE32

What is the average rent in NE32?

The average rent for a home in NE32 is £705 a month. A typical home, the one in the middle of the range, is £690 a month. This is based on the 10 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in NE32?

A typical 2-bedroom home in NE32 rents for £650 a month and a 3-bedroom home £750 a month. So the extra bedroom adds about £100 a month.

How many homes are available to rent in NE32?

There are 11 homes to rent in NE32 on Houses right now, plus 9 already let agreed. 11 new listings came onto the market in the last 30 days.

Are rents going up in NE32?

They are holding steady. Homes put up to rent in NE32 over the last 12 months were advertised at a typical £675 a month, about the same as the year before (£675 a month). By size, 3-bedroom homes are down 2%.

How quickly do rental homes let in NE32?

Most rental homes are let or taken off the market within about 3 weeks. About 64% go within the first month. Flats go faster, in about 3 weeks against about 4 weeks for houses.

What rental yield can I get in NE32?

Around 5.1% gross. That compares a typical rent of £690 a month with a typical sold price of £160,000. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in NE32?

Flats and apartments are the most common, about 7 in 10 homes to rent in NE32. Terraced houses come next, followed by semi-detached houses.

Where is it cheaper to rent near NE32?

Of the areas around NE32, NE33 is the cheapest, with a typical rent of £650 a month, followed by NE31 (£695 a month) and NE29 (£750 a month). NE32 itself is £690 a month.

What are the schools like in NE32?

There are 10 primary and 0 secondary schools in NE32. 92% of those inspected by Ofsted were rated good or outstanding, and 4 were outstanding.