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Bristol Post
Bristol Post
Business
Darcey Barrett

One-bed Bristol flat on Rightmove for £3.8K a month - and it's not even in city centre

House prices in Bristol have soared, with both the renters' and buyers' markets being impacted by rising mortgage rates. And now people are facing bills of more than £3K a month just to rent a single bed flat.

One of the most expensive one-bedroom flats on Rightmove currently is going for £3.8K in Filton. The home is around 1.3 miles from Parkway Station and around 20 minutes from the city centre.

It features a fully furnished open-plan kitchen, one modern bathroom and an airy lounge. The entire apartment is on one floor.

Read More: Victorian home in Clifton with 11 bedrooms, including a separate 4-bed flat

The property is available for both short-term and long-term lets and is fully serviced, a bonus not many other places get.

One bedroomed flats in Bristol being rented for over £3K a month are becoming more common, with one being offered for £3.5K in Fishponds last month.

Bristol is now the third most expensive city in the UK when it comes to the price of renting a home, coming close behind Cambridge with London taking the top spot. With many renters now paying up to 35 per cent of their income towards rent, it is becoming increasingly difficult to cover the cost and a slowdown in rents is forecast.

This is according to Zoopla’s Rental Market Report published in December 2022, which states the average rental in Bristol is £1,254, Cambridge is £1,431 and London has an average of £1,879. The average rental rate in the UK last year was £1,051 per month with prices significantly higher in the south with an average rent of £612 in the north east.

By the time of reading this, the Filton flat might have already been sold, but for more information click here.

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