Cardiff Letting AgentLandlordTenant FindersProperty Letting ManagementUK Property BlogFind a Property to Rent Contact Us
Cardiff Letting Agent
Find Your Next Tenant for £120
Landlord
Mortgage
Deposit
Tenant
HMO
Viewings
Rent Guarantee Scheme
Legal
Free Tenant Finder
House Prices
Student Accommodation
Health & Safety
Tenant of the Week
Rent Prices
Agent Fees
Market Research, Polls & Surveys
Tenant Referencing
Canton
Random
Google Referencing
#propertyscandal
October, 2011
November, 2011
December, 2011
Rent Prices
Webletz a Cardiff Letting Agent, Cardiff Property Management Company and provider of information to Cardiff Landlords and Cardiff Property investors has been looking into how much of a the average Cardiff household income is absorbed by the cost of the average monthly rental in the Welsh Capital.
In today’s rental market we are seeing rental prices increase month on month, so how much longer can this trend continue before the price to rent an average Cardiff property is no longer sustainable by the average Cardiff household income?
WebLetz a Cardiff Letting Agent research suggests there are 3,273 Cardiff Properties to rent and 1,083 of those listed in the last 14 days, with the average Cardiff rent equating to £908 per calendar month. Cardiff rents can be broken down as follows:
·         1 bed property £505 pcm
·         2 bed property £651 pcm
·         3 bed property £789 pcm
·         4 bed property £1008 pcm
·         5 bed property £1303 pcm
 
 
The number of Cardiff property to rent by price is:
 
·         <£250 pcm 62 properties
·         £250-£500 pcm 507 properties
·          £500-£1000 pcm 1.756 properties
·         £1000-£2000 pcm 832 properties
·          £2000-£5000 pcm 109 properties
·         £5000+ pcm 7 properties
Cardiff Council estimates the average Cardiff household income to be £31,829 per annum (Cardiff Household Income data supplied by Cardiff Council)  suggesting that 34 per cent of the average Cardiff household earnings is needed to pay the average rent in the Welsh capital.
WebLetz a Cardiff Letting Agent provides a host of letting agent solutions for landlords in Cardiff and across South Wales including:
·         £120 Professional Tenant Finders service
·         5% Property Management fee
·         Rent Guarantee and Rental Income Insurance
·         HMO tenant finders and property management services
 
 
Webletz a Cardiff Letting Agent can be contacted via email info@webletz.co.uk or by telephone 0845 496 0000.
Why not visit Cardiff Letting Agent to register for our FREE guides:
Reduce Void Periods and Receive Rent on Time
<< Back Add New Comment
0 items total
Add New Comment
Name*
Subject*
Comment*
Please type the confirmation code you see on the image*
Reload image


Cardiff Letting Agent|Landlord|Tenant Finders|Property Letting Management|UK Property Blog|Find a Property to Rent| Contact Us