How much do you pay to rent a 3 bed house?

[FeelingAtTheEndOfMyTether]

Just to make me feel better (or worse)! We are having to move (landlord selling) and will be going from paying £1300 to £1800 a month!

Bog standard, single bathroom, single reception room semi with on street parking as opposed to current property with garage, drive, en-suite and two reception rooms.

Absolutely nothing else cheaper. Any property advertised slightly cheaper is offered for more.

We are in a deprived, south eastern town with a large proportion of council housing which is now 50% privately owned.

Majority of salaries seem to be around £22-£25k.

Max housing benefit for a 3 bed is £1000 a month!

We’re not eligible for housing benefit/UC as we both work.

No holidays, new clothes, treats, or heating on and cheap beige food for us from now on so we can pay off landlord’s mortgage.

What a life.

@CrackedSkull yes, maybe. She owns the next closest house to us aswell and they've been there about 7 years and they've never had an increase either

Was coming in to say this. £3-3.5k around here. £1.4m to buy. Bog standard Victorian terrace.

NE here and my friend rents a 4 bed for £700

these prices are insane. And no we don’t live in a bad area, our town is beautiful and lots of access to everywhere!

3 bed up north for £495. Car park at back of house and decent garden. Huge kitchen and living room. Downstairs toilet. Upstairs bathroom.

£3000+ , but for very large 3 bed, including pool and gym
London

I’m in rural Suffolk and pay £900 for a tiny 3 bed.
I’m considering myself very lucky because I was crapping my pants approaching April that my landlord would increase my rent with the start of the financial year. So I looked on Rightmove…there was a house on my street, almost identical to mine up for £1250 pm.
So I’m guessing that my landlord must own my house outright, and my rent is just profit rather than paying a mortgage, so she’s kept it the same as when I moved in two years ago 🤞🏻🤞🏻

£1900 for 3 bed flat next door to me- Yorkshire
£3200 for 3 bed flat next to DH- London

Much less than getting a mortgage on it though?

On our street £2.6k a month. Our mortgage is about £700 but we have been here 5 years.

Accidental landlord here too. 3 bed is £575. Nowhere near covers mortgage and the tax bill but it is paying for the mortgage so I am getting my money back in capital in the house

750, much lower than average in the area as we've been here ages and landlord is very gradually increasing so he doesn't lose very good long term tenants

£109 per week but we're catching up with some arrears so are paying more like £125. Housing association in Yorkshire.

Another Cornwall dweller here. Two new properties just up the road are being advertised for £1750 pm. Average wages are £25k, if that, so one person in a couple on that wage would work solely to pay the rent. It's scandalous.

Yep, weirdly! A mortgage would probably be about £5k depending on how big a deposit you had.

I don’t get the impression that many people buy 3 bedroom houses as BTL investments around here - presumably mostly either family homes being rented out while families are elsewhere, or inherited.

1800 London and that's cheap. Great place, large garden Dreading if landlord decides to sell up..

£750+ in South Wales Valleys but though that sounds cheap 18 months ago they were £400 and £400 is max housing benefit.

It’s about 1800-2000 in my unglamorous London commuter town.
For those saying their mortgage is way less than rent though. It might not be if you bought now. As previous posters have said a £400k house on a repayment BTL mortgage could cost £1800 to fund. There are so many costs to being a landlord. When we bought last year EVERY house in my budget was a tired ex rental.
OP how much would your new house cost to buy?
I do feel for renters. It’s desperate. A million more renters in the SE with no new stock.

That's extortionate! We pay £625 for a 3 bed, no front garden but huge back. En suite, downstairs toilet, main bathroom and one living room and a kitchen/dining room. To be fair our landlord hasn't put our rent up in 9 years but on the other hand we've renovated the whole house spending thousands ourselves. The house prices around my area are now around £800 pcm. That's Belfast not far from the city centre. Nice area, fairly new builds, mostly working class/middle class buying first homes.

We have a large deposit to buy a house but at the moment the market isn't affordable and we are better off where we are for the time being. Our landlord is a decent guy, some of these landlords are absolute chances.

The trouble is, and I get it, that landlords mortgages are skyrocketing, gas safety checks, electricity checks, council licensing, property insurance, deposit protection fees, rental insurance, mitigating against bad tenants who do leave with debts and the house in a mess...

I don't know what the answer is but it takes little to understand that it's not just people taking in buckets of cash off renters, more that they are covering their bills and rightly so, taking some profit for their risk.

I rented a flat and the previous tenant didn't pay for 4 months and left it in a state, I'm quite sure the owner upped the rent that I had to pay to compensate for his losses, and why wouldn't he? It's not a charity? I don't want to pay more but I get it. Unfortunately everything just keeps going up and up and up!

I let out a 3 bed end of terrace in a pretty large town in the northwest for £580. I've just checked comparable properties online and they are going for in the £800+ range and there are only 3 available choices. I wouldn't feel comfortable charging that at all. I think some landlords can just charge what they want, the demand is that high at the moment. I have had the same family rent off me for 5 years. I value a settled, happy tenant.

I let a 4 bedroom house (bigger than my own home!) for £1100 a month. I ought have raised the rent years ago but the tenants are quite good and I hate confrontation.
I think I could get £1500, looking at the market locally (in Cornwall).

Also the garden is massive as is the entire property. Three reception rooms. 3 en-suites, family bathroom and downstairs bathroom. Loads of parking too.

I’ve noticed this lately and I’m in a cheap part of the country. We were lucky to have been able to buy in 2005 (help with deposit) but I have friends locally who rent, and private rents are just bloody ridiculous: 3 bed flats between 1-2 k a month (these flats would cost around £150k to buy at most.

Really? DD paid £1450 for a one bed flat in a mediocre area.

4 bed 2 bath HA house. Less than £500 pcm.

Some of these rents are eye watering!