OnTheMarket.com looks at rental properties currently available and reveals agent advice on how tenants can secure their new home fast.
The rental sector in the UK is growing faster than ever and according to a report from Knight Frank, much of this growth has been in the UK’s cities. A recent report from Knight Frank revealed that homes to let in the private rented sector have increased from 80% to 86% in the last 10 years and most of this growth has been in the regional cities outside of the capital. Rents are also on the rise across the UK because of the shortage of new homes being built. OnTheMarket.com looks at four rental properties in the city centres across the UK with tips from local agents on how to secure your property in what is currently a very competitive market.
1. Fourth Avenue, Fazakerley, Liverpool, Whitegates Walton Vale, (£433 pcm, £100 pw) (fees apply)
Cosy terraced home: This two bedroom rental is a short distance from the city centre
Well insulated: The home is fully double glazed and ready to move in to
This cosy two bedroom terrace is available to rent in Fazakerley, Liverpool for £100 per week. The home is double glazed, has two bedrooms and is a short distance from the very centre of the city.
Local agent Whitegates says that all tenants looking to rent in the city of Liverpool should ensure that their deposit is registered with one of the approved bodies such as the Deposit Protection Service or the Tenancy Deposit Scheme.
2. Studio, Clippers Quay, Salford, Manchester M50, Thornley Groves, (£595 pcm £137 pw)
Quayside: This studio apartment is part of Manchester’s major redevelopment
This amazing third floor studio apartment is minutes from one of the UK’s most exciting new developments, Media City, the new home to the BBC. It has large floor to ceiling windows leading to its balcony, which overlooks Clippers Quay.
James Favas, Lettings Manager at Thornley Groves, offers the following advice. He said: “Make sure you have a copy of your photographic ID (i.e. driving licence, passport, etc) as proof of identity when you go to view a property so that, if you would like to make an offer straight away, we can start the process on the same day.
“If you’re a student, ensure that you are able to provide proof of funds to cover the rent during a tenancy or have someone willing to be a guarantor for you.”
3. One bedroom apartment, Stepney Bank, Newcastle Upon Tyne, Acorn Properties, (£533 pcm, £123 pw)
Great finish: These Newcastle student flats are in superb condition
These student flats available in the Glassworks development offer purpose built rooms right in the heart of Newcastle’s city centre. Residents benefit from high speed broadband, and communal spaces including a cinema room!
Agent Louise Butcher from Acorn Properties said: “My advice to prospective tenants is be proactive. So many approach us and they are not really sure of the criteria for their property search. We can help them, of course, but in such a competitive market, they really need to have thought through exactly the type of property that fits their requirement and pursue it proactively.”
4. Two bedroom flat to rent, Dixon Avenue, Govanhill, Glasgow, Happy Lets, (£500 pcm, £115 pw)
Traditional tenement: A two bedroom flat in a period property
Light and airy: Large windows make this a bright apartment
This light and spacious two bedroom flat is a great space for new tenants to make their own with its neutral décor and large windows. It is in a traditional tenement building, on the second floor, with lots of built in storage and fully fitted kitchen. Local agent Happy Lets advises prospective tenants to look two months ahead of their proposed moving in date, because that is when most flats in Glasgow come to market ahead of the starting rental date.
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