Properties to rent in SE16

Frequently asked questions about renting in SE16

What is the average rent in SE16?

The average rent for a home in SE16 is £2,885 a month. A few very expensive homes pull that average up, so a more typical rent is £2,525 a month. This is based on the 193 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in SE16?

A typical 2-bedroom home in SE16 rents for £2,500 a month and a 3-bedroom home £4,000 a month. So the extra bedroom adds about £1,500 a month. 1-bedroom homes rent for around £2,100 a month.

What is the price range of rental homes in SE16?

Most rents in SE16 are between £1,630 and £7,095 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 £3,500 a month or more.

How many homes are available to rent in SE16?

There are 213 homes to rent in SE16 on Houses right now, plus 54 already let agreed. 504 new listings came onto the market in the last 30 days.

Are rents going up in SE16?

Yes. Homes put up to rent in SE16 over the last 12 months were advertised at a typical £2,550 a month, 16% higher than the year before (£2,200 a month). By size, 1-bedroom homes are up 14%, 2-bedroom homes are up 9% and 3-bedroom homes are up 27%.

How quickly do rental homes let in SE16?

Most rental homes are let or taken off the market within 11 days. About 71% go within the first month. Flats go faster, in 10 days against about 3 weeks for houses.

What rental yield can I get in SE16?

About 7.0% gross for flats and 5.9% for houses. That compares typical rents with what flats and houses actually sold for in SE16 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in SE16?

Flats and apartments are the most common, about 9 in 10 homes to rent in SE16. Terraced houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £2,500 a month, and terraced houses the most expensive, at about £3,500 a month.

Where is it cheaper to rent near SE16?

Of the areas around SE16, SE14 is the cheapest, with a typical rent of £2,000 a month, followed by SE8 (£2,200 a month) and E1 (£2,800 a month). SE16 itself is £2,525 a month.

Are rental homes in SE16 furnished?

About 9 in 10 rental homes in SE16 that say so are furnished, and the rest come unfurnished.

What are the schools like in SE16?

There are 12 primary and 4 secondary schools in SE16. 100% of those inspected by Ofsted were rated good or outstanding, and 6 were outstanding.

Which train stations are in or near SE16?

Stations in SE16 include Canada Water, South Bermondsey, New Cross and Rotherhithe.