Properties to rent in RM16

Frequently asked questions about renting in RM16

What is the average rent in RM16?

The average rent for a home in RM16 is £1,755 a month. A typical home, the one in the middle of the range, is £1,700 a month. This is based on the 41 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in RM16?

A typical 2-bedroom home in RM16 rents for £1,450 a month and a 3-bedroom home £1,800 a month. So the extra bedroom adds about £350 a month. 4-bedroom homes rent for about £2,400 a month.

What is the price range of rental homes in RM16?

Most rents in RM16 are between £1,350 and £2,500 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,400 a month, and one in five £2,100 a month or more.

How many homes are available to rent in RM16?

There are 35 homes to rent in RM16 on Houses right now, plus 21 already let agreed. 47 new listings came onto the market in the last 30 days.

Are rents going up in RM16?

Yes. Homes put up to rent in RM16 over the last 12 months were advertised at a typical £1,650 a month, 6.5% higher than the year before (£1,550 a month). By size, 1-bedroom homes are down 4%, 2-bedroom homes are up 3% and 3-bedroom homes are up 5%.

How quickly do rental homes let in RM16?

Most rental homes are let or taken off the market within about 3 weeks. About 63% go within the first month.

What rental yield can I get in RM16?

About 7.6% gross for flats and 5.8% for houses. That compares typical rents with what flats and houses actually sold for in RM16 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in RM16?

Flats and apartments are the most common, about 4 in 10 homes to rent in RM16. Terraced houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £1,450 a month, and terraced houses the most expensive, at about £1,950 a month.

Where is it cheaper to rent near RM16?

Of the areas around RM16, RM18 is the cheapest, with a typical rent of £1,250 a month, followed by RM17 (£1,400 a month) and RM19 (£1,450 a month). RM16 itself is £1,700 a month.

Are rental homes in RM16 furnished?

Only a few rental homes in RM16 that say so are furnished, and the rest come unfurnished.

What are the schools like in RM16?

There are 11 primary and 3 secondary schools in RM16. 92% of those inspected by Ofsted were rated good or outstanding, and 3 were outstanding.

Which train stations are in or near RM16?

Stations in RM16 include Chafford Hundred.