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Rents increasing

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Comments

  • mlz1413
    mlz1413 Posts: 3,212 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    A 2 bed flat in Bedford was £800-£1000 last year.

    This year it's £900 to £1300.

    The oldest listing is mid March.

    Bedford has 2 universities and attracts commuters for London, so it tends to have a strong rental demand.

    I can only imagine rents going upwards. The RRA has seen a fair amount of long term LL sell off properties over the last 2 years so there is definitely less available.

  • jimbog
    jimbog Posts: 2,304 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    Universal Studios coming to town has had an impact the local market in Bedford

    Gather ye rosebuds while ye may
  • luvchocolate
    luvchocolate Posts: 3,506 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!

    it's very different where I live 39 ground and first floor flats….communal laundry…small gardens and 12 parking spaces.

    rent £100 per week and service charges of £8 per week.

    Depends upon what they provide..we are paying 26p a week for maintenance of fire equipment although they removed the 1 fire extinguisher in the laundry some time ago...reason given residents are not trained to use it 🤔

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