Properties to rent in NG5

Frequently asked questions about renting in NG5

What is the average rent in NG5?

The average rent for a home in NG5 is £1,005 a month. A typical home, the one in the middle of the range, is £950 a month. This is based on the 115 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in NG5?

A typical 2-bedroom home in NG5 rents for £925 a month and a 3-bedroom home £1,150 a month. So the extra bedroom adds about £225 a month. 1-bedroom homes rent for around £665 a month, and 4-bedroom homes rent for about £1,300 a month.

What is the price range of rental homes in NG5?

Most rents in NG5 are between £645 and £1,875 a month, leaving out the very cheapest and most expensive. One in five rents for less than £800 a month, and one in five £1,200 a month or more.

How many homes are available to rent in NG5?

There are 118 homes to rent in NG5 on Houses right now, plus 42 already let agreed. 99 new listings came onto the market in the last 30 days.

Are rents going up in NG5?

Slightly up. Homes put up to rent in NG5 over the last 12 months were advertised at a typical £950 a month, 2.7% higher than the year before (£925 a month). By size, 1-bedroom homes are down 3% and 4-bedroom homes are up 4%.

How quickly do rental homes let in NG5?

Most rental homes are let or taken off the market within about 3 weeks. About 57% 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 NG5?

About 8.6% gross for flats and 5.6% for houses. That compares typical rents with what flats and houses actually sold for in NG5 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in NG5?

Flats and apartments are the most common, about 4 in 10 homes to rent in NG5. Semi-detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £870 a month, and semi-detached houses the most expensive, at about £1,175 a month.

Where is it cheaper to rent near NG5?

Of the areas around NG5, NG6 is the cheapest, with a typical rent of £900 a month, followed by NG4 (£905 a month) and NG3 (£995 a month). NG5 itself is £950 a month.

Are rental homes in NG5 furnished?

About 4 in 10 rental homes in NG5 that say so are furnished, and the rest come unfurnished.

What are the schools like in NG5?

There are 27 primary and 6 secondary schools in NG5. 90% of those inspected by Ofsted were rated good or outstanding, and 4 were outstanding.

Which train stations are in or near NG5?

NG5 has no station of its own. The nearest are Bulwell, Nottingham and Hucknall.