Properties to rent in NW1

Frequently asked questions about renting in NW1

What is the average rent in NW1?

The average rent for a home in NW1 is £5,045 a month. A few very expensive homes pull that average up, so a more typical rent is £3,400 a month. This is based on the 646 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in NW1?

A typical 2-bedroom home in NW1 rents for £3,350 a month and a 3-bedroom home £5,000 a month. So the extra bedroom adds about £1,650 a month. 1-bedroom homes rent for around £2,500 a month, and 4-bedroom homes rent for about £5,765 a month.

What is the price range of rental homes in NW1?

Most rents in NW1 are between £1,695 and £48,745 a month, leaving out the very cheapest and most expensive. One in five rents for less than £2,200 a month, and one in five £6,000 a month or more.

How many homes are available to rent in NW1?

There are 641 homes to rent in NW1 on Houses right now, plus 50 already let agreed. 477 new listings came onto the market in the last 30 days.

Are rents going up in NW1?

Yes. Homes put up to rent in NW1 over the last 12 months were advertised at a typical £3,300 a month, 6.5% higher than the year before (£3,100 a month). By size, 1-bedroom homes are up 9%, 3-bedroom homes are up 10% and 4-bedroom homes are down 2%.

How quickly do rental homes let in NW1?

Most rental homes are let or taken off the market within about 2 weeks. About 67% go within the first month. Flats go faster, in about 2 weeks against about 5 weeks for houses.

What rental yield can I get in NW1?

About 6.5% gross for flats and 5.4% for houses. That compares typical rents with what flats and houses actually sold for in NW1 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in NW1?

Flats and apartments are the most common, about 9 in 10 homes to rent in NW1. Terraced houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £3,250 a month, and detached houses the most expensive, at about £10,950 a month.

Where is it cheaper to rent near NW1?

Of the areas around NW1, WC1H is the cheapest, with a typical rent of £2,320 a month, followed by WC1E (£3,625 a month) and N1C (£4,600 a month). NW1 itself is £3,400 a month.

Are rental homes in NW1 furnished?

About 9 in 10 rental homes in NW1 that say so are furnished, and the rest come unfurnished.

What are the schools like in NW1?

There are 13 primary and 3 secondary schools in NW1. 100% of those inspected by Ofsted were rated good or outstanding, and 6 were outstanding.

Which train stations are in or near NW1?

Stations in NW1 include Mornington Crescent, Camden Town, Regents Park and Great Portland Street.