Properties to rent in SO41

Frequently asked questions about renting in SO41

What is the average rent in SO41?

The average rent for a home in SO41 is £1,980 a month. A few very expensive homes pull that average up, so a more typical rent is £1,825 a month. This is based on the 50 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in SO41?

A typical 2-bedroom home in SO41 rents for £1,300 a month and a 3-bedroom home £1,875 a month. So the extra bedroom adds about £575 a month. 1-bedroom homes rent for around £995 a month, and 4-bedroom homes rent for about £2,900 a month.

What is the price range of rental homes in SO41?

Most rents in SO41 are between £990 and £3,850 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,300 a month, and one in five £2,400 a month or more.

How many homes are available to rent in SO41?

There are 49 homes to rent in SO41 on Houses right now, plus 11 already let agreed. 33 new listings came onto the market in the last 30 days.

Are rents going up in SO41?

Slightly up. Homes put up to rent in SO41 over the last 12 months were advertised at a typical £1,475 a month, 1.6% higher than the year before (£1,450 a month). By size, 1-bedroom homes are up 5%, 2-bedroom homes are down 2% and 4-bedroom homes are up 18%.

How quickly do rental homes let in SO41?

Most rental homes are let or taken off the market within about 4 weeks. About 52% go within the first month.

What rental yield can I get in SO41?

About 5.6% gross for flats and 4.1% for houses. That compares typical rents with what flats and houses actually sold for in SO41 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in SO41?

Flats and apartments are the most common, about a third of homes to rent in SO41. Detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £1,300 a month, and detached houses the most expensive, at about £2,475 a month.

Where is it cheaper to rent near SO41?

Of the areas around SO41, PO40 is the cheapest, with a typical rent of £1,175 a month, followed by BH23 (£1,200 a month) and BH25 (£1,450 a month). SO41 itself is £1,825 a month.

Are rental homes in SO41 furnished?

About 4 in 10 rental homes in SO41 that say so are furnished, and the rest come unfurnished.

What are the schools like in SO41?

There are 11 primary and 1 secondary schools in SO41. 91% of those inspected by Ofsted were rated good or outstanding, and 4 were outstanding.

Which train stations are in or near SO41?

Stations in SO41 include Lymington Town, Lymington Pier and Sway.