Properties to rent in NR1

Frequently asked questions about renting in NR1

What is the average rent in NR1?

The average rent for a home in NR1 is £1,190 a month. A typical home, the one in the middle of the range, is £1,200 a month. This is based on the 106 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in NR1?

A typical 2-bedroom home in NR1 rents for £1,215 a month and a 3-bedroom home £1,300 a month. So the extra bedroom adds about £90 a month. 1-bedroom homes rent for around £975 a month, and 4-bedroom homes rent for about £1,575 a month.

What is the price range of rental homes in NR1?

Most rents in NR1 are between £775 and £1,830 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,000 a month, and one in five £1,400 a month or more.

How many homes are available to rent in NR1?

There are 120 homes to rent in NR1 on Houses right now, plus 40 already let agreed. 101 new listings came onto the market in the last 30 days.

Are rents going up in NR1?

They are holding steady. Homes put up to rent in NR1 over the last 12 months were advertised at a typical £1,100 a month, about the same as the year before (£1,095 a month). By size, 1-bedroom homes are up 3%, 2-bedroom homes are up 4% and 3-bedroom homes are up 4%.

How quickly do rental homes let in NR1?

Most rental homes are let or taken off the market within about 3 weeks. About 62% go within the first month.

What rental yield can I get in NR1?

About 9.2% gross for flats and 6.0% for houses. That compares typical rents with what flats and houses actually sold for in NR1 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in NR1?

Flats and apartments are the most common, about three quarters of homes to rent in NR1. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £1,175 a month, and terraced houses the most expensive, at about £1,200 a month.

Where is it cheaper to rent near NR1?

Of the areas around NR1, NR6 is the cheapest, with a typical rent of £1,100 a month, followed by NR3 (£1,150 a month) and NR2 (£1,350 a month). NR1 itself is £1,200 a month.

Are rental homes in NR1 furnished?

About half of rental homes in NR1 that say so are furnished, and the rest come unfurnished.

What are the schools like in NR1?

There are 6 primary and 2 secondary schools in NR1. 83% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.

Which train stations are in or near NR1?

Stations in NR1 include Norwich.