Properties to rent in PO1

Frequently asked questions about renting in PO1

What is the average rent in PO1?

The average rent for a home in PO1 is £1,450 a month. A typical home, the one in the middle of the range, is £1,350 a month. This is based on the 182 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in PO1?

A typical 2-bedroom home in PO1 rents for £1,400 a month and a 3-bedroom home £1,575 a month. So the extra bedroom adds about £175 a month. 1-bedroom homes rent for around £925 a month, and 4-bedroom homes rent for about £2,025 a month.

What is the price range of rental homes in PO1?

Most rents in PO1 are between £650 and £4,230 a month, leaving out the very cheapest and most expensive. One in five rents for less than £900 a month, and one in five £1,800 a month or more.

How many homes are available to rent in PO1?

There are 172 homes to rent in PO1 on Houses right now, plus 48 already let agreed. 132 new listings came onto the market in the last 30 days.

Are rents going up in PO1?

They are holding steady. Homes put up to rent in PO1 over the last 12 months were advertised at a typical £1,300 a month, about the same as the year before (£1,300 a month). By size, 1-bedroom homes are up 5% and 3-bedroom homes are up 7%.

How quickly do rental homes let in PO1?

Most rental homes are let or taken off the market within about 4 weeks. About 52% 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 PO1?

About 8.3% gross for houses and 7.4% for flats. That compares typical rents with what houses and flats actually sold for in PO1 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in PO1?

Flats and apartments are the most common, about 6 in 10 homes to rent in PO1. Terraced houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £1,195 a month, and terraced houses the most expensive, at about £1,550 a month.

Where is it cheaper to rent near PO1?

Of the areas around PO1, PO2 is the cheapest, with a typical rent of £1,125 a month, followed by PO12 (£1,150 a month) and PO13 (£1,250 a month). PO1 itself is £1,350 a month.

Are rental homes in PO1 furnished?

About 8 in 10 rental homes in PO1 that say so are furnished, and the rest come unfurnished.

What are the schools like in PO1?

There are 7 primary and 2 secondary schools in PO1. 100% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.

Which train stations are in or near PO1?

Stations in PO1 include Portsmouth and Southsea, Fratton and Portsmouth Harbour.