The common value of renting a property in Britain has soared to £1,204 a month for the primary time on document.
In some locations, that sum of money will allow you to lease a four-bedroom indifferent home, however in others, it could solely stretch to a room in a flat share.
The one factor that has remained fixed, nevertheless, is the rise in common rents, that are up 7.1 per cent on a yr in the past.
Tenants are actually forking out an additional £960 a yr in lease in comparison with this time in 2021, in line with Hamptons property brokers.
We check out eight houses in Britain which can be accessible to lease for round £1,200 a month – together with this studio (pictured) – scroll down for extra particulars
Daniel Copley, of property web site Zoopla, mentioned: ‘The rental market is more and more aggressive, and costs have surged.
‘Non-public landlords promoting off their houses resulting from tax and regulatory modifications is placing additional stress in the marketplace and we anticipate demand to proceed to outstrip provide and preserve stress on rents into 2023.
‘There are nevertheless indicators that the tempo of value development is peaking and set to sluggish into subsequent yr as renters search smaller, higher worth for cash houses to lease.’
So what does a mean quantity of rental money purchase tenants searching for a brand new dwelling across the nation?
We check out what you’ll be able to lease for round £1,200 a month in several components of Britain.
Eight properties to lease for £1,200 a month…
1. Three-bed home, Essex, £1,200 a month
This engaging semi-detached property in Braintree, Essex, is on the rental marketplace for £1,200 a month by way of Kings Property
Inside, the three-bedroom household dwelling has a brightly colored kitchen with contrasting worktops and flooring
There’s a good sized backyard on the rear of the property, whereas on the entrance of the home there’s some driveway parking
In the event you’re a tenant searching for a house in Essex, this semi-detached property in Braintree could match the invoice.
It has three bedrooms, a brightly-coloured kitchen and sized backyard that lends itself to a younger household.
It’s accessible to lease unfurnished for £1,200 a month from December by way of Kings Property lettings brokers.
2. Studio, North West London, £1,200 a month
This studio flat is in London’s Golders Inexperienced Street and is to lease for £1,200 a month by way of Hausman & Holmes
The property has a contemporary bathe room with gray tiles and a window that lets loads of gentle flood in
Rental costs in London are typically greater amid excessive demand and fewer provide. It means your cash is prone to not go as far. This studio flat is presently in the marketplace to lease for £1,200 a month.
It’s unfurnished and is on the primary flooring of a contemporary block on Golders Inexperienced Street in North West London. It’s accessible by way of Hausman & Properties letting brokers.
3. Two-bed bungalow, Dover, £1,200 a month
This two-bedroom bungalow within the Kent village of River, close to Dover, is offered to lease for £1,200 a month by way of John Youden and Son lettings brokers
The property has a big dwelling house in addition to two bedrooms, off-street parking and a spacious conservatory
The property boasts a big decked veranda with spectacular far-reaching views throughout the backyard and past
This two-bedroom bungalow within the Kent village of River, close to Dover, boasts a big decked veranda with far-reaching views.
It’s accessible instantly and will be rented for £1,200 a month by way of John Youden and Son lettings brokers.
4. 4-bed barn conversion, Tenbury Wells, £1,200 a month
This four-bedroom barn conversion is available in the market city of Tenbury Wells, within the north west extremity of the Malvern Hills district of Worcestershire
The primary lounge has a vaulted ceiling and sufficient house to accommodate an in depth eating desk for entertaining
The distinctive rental property has its personal personal patio with views of the countryside, together with use of communally maintained gardens
The Malvern Hills in Worcestershire supplies the setting for this gorgeous four-bedroom barn conversion.
It has a big vaulted lounge and is being supplied to lease absolutely furnished for £1,200 a month by way of G Herbert Banks lettings brokers.
5. One-bed flat, Edinburgh, £1,250 a month
This one-bedroom flat in Edinburgh’s New City is offered to lease for £1,250 a month by way of Lovett lettings brokers
The property is being let furnished and is offered from the start of December with a £1,450 deposit
The spacious flat has a big kitchen with sash home windows, wooden floors and house for a small breakfast desk
This one-bedroom flat in Edinburgh’s New City is offered to lease at simply above the common rental value in Britain.
It has a big and shiny inside, and is offered to lease for £1,250 a month by way of Lovett Edinburgh lettings brokers. It’s furnished and a parking allow is offered.
6. 4-bed home, Liverpool, £1,200 a month
This four-bedroom townhouse in Liverpool’s Cressington is to lease for £1,200 a month by way of Transfer Residential
The property is being let unfurnished and boasts a big fashionable kitchen and a backyard in addition to a storage
This four-bedroom townhouse on Lowestoft Drive, within the Liverpool space of Cressington, is offered to lease for £1,200 a month by way of Transfer Residential lettings brokers.
In addition to its personal backyard, it additionally has off street parking and a storage. It’s accessible kind the tip of this month.
7. Three-bed home, Staffordshire, £1,200 a month
This gorgeous semi-detached home is within the village of Hints, which is close to Tamworth in south east Staffordshire
The household dwelling in Staffordshire has a big cottage-style kitchen in addition to a conservatory and three bedrooms
The property has an in depth backyard and is offered to lease for £1,200 a month by way of Carter Jonas lettings brokers
This gorgeous semi-detached home is within the village of Hints, close to Tamworth in south east Staffordshire.
It has three bedrooms, a conservatory and a big backyard, in addition to off-street parking. It’s accessible to lease for £1,200 a month by way of Carter Jonas lettings brokers.
8. Two-bed cottage, Looe, Cornwall, £1,200 a month
This rental cottage on the Cornish shoreline of Looe is offered to lease for £1,200 a month by way of Stratton Creber lettings brokers
The gorgeous cottage boasts uncovered stone partitions, in addition to window seats and a comfy fire in the primary dwelling space
There are two bedrooms in addition to an outside seating space on the entrance of the property that overlooks the road
This two-bedroom rental cottage on the Cornish shoreline of Looe boasts uncovered stone partitions, window seats and a comfy fire.
It’s near a small sandy seashore in addition to native retailers and tea rooms. It’s accessible to lease furnished for £1,200 a month by way of Stratton Creber lettings brokers.
