Properties to rent in NE62

Frequently asked questions about renting in NE62

What is the average rent in NE62?

There are only 2 homes to rent in NE62 itself, so these figures cover the 42 homes to rent within 3 km. The average rent for a home within 3 km of NE62 is £680 a month. A typical home, the one in the middle of the range, is £675 a month.

How much is a 2 or 3 bedroom home to rent in NE62?

A typical 2-bedroom home within 3 km of NE62 rents for £650 a month and a 3-bedroom home £700 a month. So the extra bedroom adds about £50 a month. 1-bedroom homes rent for around £575 a month.

What is the price range of rental homes in NE62?

Most rents within 3 km of NE62 are between £505 and £895 a month, leaving out the very cheapest and most expensive. One in five rents for less than £600 a month, and one in five £800 a month or more.

How many homes are available to rent in NE62?

There are 2 homes to rent in NE62 on Houses right now, plus 1 already let agreed. Within 3 km there are 42, and the listings on this page include the nearest of them. 41 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in NE62?

They are holding steady. Homes put up to rent within 3 km of NE62 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, 2-bedroom homes are up 4% and 4-bedroom homes are down 4%.

How quickly do rental homes let in NE62?

Within 3 km of NE62, most rental homes are let or taken off the market within about 3 weeks. About 60% go within the first month.

What rental yield can I get in NE62?

About 10.6% gross for flats and 5.1% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of NE62 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in NE62?

Terraced houses are the most common, about half of homes to rent within 3 km of NE62. Flats and apartments come next, followed by bungalows. Flats and apartments are the cheapest, at about £610 a month, and terraced houses the most expensive, at about £700 a month.

Where is it cheaper to rent near NE62?

Of the areas around NE62, NE63 is the cheapest, with a typical rent of £660 a month, followed by NE24 (£695 a month) and NE22 (£700 a month).

Are rental homes in NE62 furnished?

About 1 in 10 rental homes within 3 km of NE62 that say so are furnished, and the rest come unfurnished.

What are the schools like in NE62?

There are 4 primary and 0 secondary schools in NE62. 100% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.

Which train stations are in or near NE62?

NE62 has no station of its own. The nearest is Pegswood.