the most expensive and the cheapest places to rent in the uk
Post on 14-Apr-2017
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THE MOST EXPENSIVE AND THE CHEAPEST PLACES TO RENT IN THE UK
Flat share website
EasyRoommate has
revealed the most expensive and the cheapest places
to rent a double room
in the UK.
Tenants in the UK pay an average of £492 per month
for a double room, an increase of 13% (£57) on last year,
when rent was £435 a month, according to the site.
It’s no surprise that the most expensive place to rent in the UK is London,
where a double room costs an average of £700 per
month, up 8% on the end of 2014.
Renting in Manchester now costs 7% more than at the end of 2014, with the
average rent for a double room now sitting at £393 per month.
Rents rose by over 6% in Birmingham, from £358 at the end of 2014 to £381
at the end of last year.
TOP TEN MOST EXPENSIVE PLACES TO RENT IN THE UKPosition Area Rent per month
for double bedroom
1 London £7002 Oxford £5783 Surrey £5624 Cambridge £5435 Reading £5116 Aberdeen £4947 Edinburgh £4508 Bournemouth £4429 York £40310 Southampton £398
TOP TEN CHEAPEST PLACES TO RENT IN THE UKPosition Area Rent per month
for double bedroom
1 Belfast £2832 Bradford £3223 Sunderland £3264 Swansea £3275 Bolton £3296 Stoke-on-Trent £3327 Preston £3408 Leicester £3429 Cardiff £34510 Leeds £355
It may seem that landlords would receive the highest returns in the areas on the top list, but remember;
property prices are usually more expensive in these places too, so always work out your potential yield by dividing the annual rent received by the price you paid for the property. This will calculate how much you will
make over the year.
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