Properties to rent in NP18

Frequently asked questions about renting in NP18

What is the average rent in NP18?

There are only 6 homes to rent in NP18 itself, so these figures cover the 140 homes to rent within 3 km. The average rent for a home within 3 km of NP18 is £1,075 a month. A typical home, the one in the middle of the range, is £1,025 a month.

How much is a 2 or 3 bedroom home to rent in NP18?

A typical 2-bedroom home within 3 km of NP18 rents for £950 a month and a 3-bedroom home £1,200 a month. So the extra bedroom adds about £250 a month. 1-bedroom homes rent for around £850 a month, and 4-bedroom homes rent for about £1,450 a month.

What is the price range of rental homes in NP18?

Most rents within 3 km of NP18 are between £775 and £1,920 a month, leaving out the very cheapest and most expensive. One in five rents for less than £850 a month, and one in five £1,200 a month or more.

How many homes are available to rent in NP18?

There are 6 homes to rent in NP18 on Houses right now, plus 4 already let agreed. Within 3 km there are 140, and the listings on this page include the nearest of them. 157 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in NP18?

They are holding steady. Homes put up to rent within 3 km of NP18 over the last 12 months were advertised at a typical £950 a month, about the same as the year before (£950 a month). By size, 2-bedroom homes are up 3% and 3-bedroom homes are up 5%.

How quickly do rental homes let in NP18?

Within 3 km of NP18, most rental homes are let or taken off the market within about 3 weeks. About 64% go within the first month.

What rental yield can I get in NP18?

About 8.2% gross for flats and 6.3% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of NP18 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in NP18?

Flats and apartments are the most common, about half of homes to rent within 3 km of NP18. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £850 a month, and detached houses the most expensive, at about £1,525 a month.

Where is it cheaper to rent near NP18?

Of the areas around NP18, NP4 is the cheapest, with a typical rent of £875 a month, followed by NP44 (£895 a month) and NP20 (£950 a month). NP18 itself is £1,200 a month.

Are rental homes in NP18 furnished?

About 2 in 10 rental homes within 3 km of NP18 that say so are furnished, and the rest come unfurnished.

Which train stations are in or near NP18?

NP18 has no station of its own. The nearest is Newport (Gwent).