Hitchin Rental Market – Moving Into 2021

3rd December 2020 posted in PROPERTY NEWS

At the end of the year, it is a great time to take stock. Not many of us will look back on 2020 fondly, but it is important to appreciate what the year offered, as this will hopefully help us move forward with confidence.

If you are looking to be involved with the Hitchin rental market in 2021, Country Properties is here to assist you.

At the start of December 2020, Rightmove had a total of 46 properties listed for rent in Hitchin.

The highest priced rental property was listed at £1,350 per calendar month (pcm), and there were two other properties listed at £1,300 pcm.

The most affordably priced rental listed in Hitchin was at £425 pcm, and this was for a one-bedroom property in the SG5 postcode area.

With more than £900 difference in the opposing ends of the rental market in Hitchin, it is clear this is a location suitable for all manner of tenants.

If you are looking for rental property in Hitchin, we are confident that no matter what your budget is, we can help you connect with the most appropriate property for you.

Of course, if you are a landlord operating in and around Hitchin, we believe we are perfectly placed to help you connect with willing tenants. We know the local lettings market very well, and if you are looking for informed support and guidance, Country Properties is your number one choice for the Hitchin letting market.

Of the 46 listed rental properties in Hitchin, only one was listed as a detached property and similarly, only one semi-detached properties were listed for rent in the area.

Flats are the most common property for rent in Hitchin

There is an increase when it comes to terraced properties, but not by too much. There were eight terraced properties listed for rent in and around Hitchin according to Rightmove at the start of December.

Therefore, it shouldn’t be a surprise that the most popular form of property available for rent in Hitchin is flats. There are 31 flats listed for rent, which might not sound a lot in the grand scheme of things, but flats represent 67% of the listed rental property in Hitchin at this time

Breakdown of furnished types of property for rent in and around Hitchin:

·         4 properties are listed as furnished in the Hitchin rental market

·         3 properties are listed as part-furnished in the Hitchin rental market

·         38 properties are listed as unfurnished in the Hitchin rental market

Unfurnished property listings make up more than 92% of the listed market in Hitchin at the time of checking. Only two rental properties listed in Hitchin are classed as house-share rentals.

Garden space and parking spots are in high demand

Garden space and parking are as important for tenants as they are homebuyers, so it is natural many tenants will look for these features in rental property.

Of the 46 listed rental properties in Hitchin, 28 have been listed has having a garden. If you are looking for property with a dedicated parking space, there are 39 listings with parking for rental property in Hitchin.

A total of 21 properties for rent in Hitchin are listed as offering a garden and parking space.

Currently, in line with Government guidelines, our Hitchin branch is open and our sales and lettings personnel are on hand to assist you.  To clients old and new, if you have any queries or need advice on property sales and lettings then please call 01462 452951 or email hitchin@country-properties.co.uk