Properties to rent in SW1Y

Frequently asked questions about renting in SW1Y

What is the average rent in SW1Y?

There are only 8 homes to rent in SW1Y itself, so these figures cover the 5,492 homes to rent within 3 km. The average rent for a home within 3 km of SW1Y is £7,385 a month. A few very expensive homes pull that average up, so a more typical rent is £4,500 a month.

How much is a 2 or 3 bedroom home to rent in SW1Y?

A typical 2-bedroom home within 3 km of SW1Y rents for £4,500 a month and a 3-bedroom home £7,270 a month. So the extra bedroom adds about £2,770 a month. 1-bedroom homes rent for around £3,010 a month, and 4-bedroom homes rent for about £9,965 a month.

What is the price range of rental homes in SW1Y?

Most rents within 3 km of SW1Y are between £2,000 and £65,000 a month, leaving out the very cheapest and most expensive. One in five rents for less than £2,800 a month, and one in five £8,700 a month or more.

How many homes are available to rent in SW1Y?

There are 8 homes to rent in SW1Y on Houses right now. Within 3 km there are 5,492, and the listings on this page include the nearest of them. 3,950 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in SW1Y?

Yes. Homes put up to rent within 3 km of SW1Y over the last 12 months were advertised at a typical £3,500 a month, 6.1% higher than the year before (£3,300 a month). By size, 1-bedroom homes are up 5%, 2-bedroom homes are up 3% and 3-bedroom homes are up 3%.

How quickly do rental homes let in SW1Y?

Within 3 km of SW1Y, most rental homes are let or taken off the market within about 3 weeks. About 61% 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 SW1Y?

About 8.8% gross for flats and 8.0% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of SW1Y over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in SW1Y?

Flats and apartments are the most common, about 9 in 10 homes to rent within 3 km of SW1Y. Terraced houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £4,270 a month, and detached houses the most expensive, at about £11,885 a month.

Where is it cheaper to rent near SW1Y?

Of the areas around SW1Y, SW1H is the cheapest, with a typical rent of £3,625 a month, followed by W1D (£3,910 a month) and WC2N (£4,500 a month). SW1Y itself is £6,750 a month.

Are rental homes in SW1Y furnished?

About 9 in 10 rental homes within 3 km of SW1Y that say so are furnished, and the rest come unfurnished.

Which train stations are in or near SW1Y?

Stations in SW1Y include St. James's Park, Pimlico and Piccadilly Circus.