Sold Bungalow

23 SUTTON CLOSE

LOUGHBOROUGH, QUORN, LEICESTERSHIRE LE12 8GA

2 beds 1 baths 57 m² Listed 11 Feb 2024 (-855d)

£235,000

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# 2 bedroom bungalow for sale (LE12 8GA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 23 SUTTON CLOSE, LOUGHBOROUGH, QUORN, LEICESTERSHIRE LE12 8GA |
| Price | £235,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £232,500 Oct 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 03/03/2034
- **Current heating cost:** £587/year
- **Est. upgrade cost to C:** £9,950

### Recommendations
- B4 (£300 - £600)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/4500-5540-0822-6308-3743)

## Description

A well presented and larger than average two bedroom property situated in this sought-after over 55's development in the desirable edge of Charnwood Forest Village of Quorn, well placed for local travel, bus routes and villages amenities the bungalow is well presented and offered with no chain. The property is leasehold with a monthly service charge for grounds and exterior maintenance, boiler servicing, buildings insurance, residents lounge/facilities and much more. The centrally heated and Upvc double glazed living spaces are neutrally decorated and well proportioned with the site itself being flat and level with lovely gardens and a real feel of community for worry free retirement living.

## Property Photos

- ![Photo](/listings/photos/144605960/246163)
- ![Photo](/listings/photos/144605960/246164)
- ![Photo](/listings/photos/144605960/246165)
- ![Photo](/listings/photos/144605960/246166)
- ![Photo](/listings/photos/144605960/246167)
- ![Photo](/listings/photos/144605960/246168)
- ![Photo](/listings/photos/144605960/246169)
- ![Photo](/listings/photos/144605960/246170)
- ![Photo](/listings/photos/144605960/246171)
- ![Photo](/listings/photos/144605960/246172)
- ![Photo](/listings/photos/144605960/246173)

## Floorplans

- ![Floorplan 1](/listings/photos/144605960/246174) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/144605960/246175) - EPC 1

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #9807874
- **Address:** 23 Sutton Close, Quorn, LE12 8GA
- **Certificate Issued:** 30/09/2013
- **Work Completed:** 04/09/2013
- **Items:** 4 window(s)

### FENSA Certificate #13848739
- **Address:** 23 Sutton Close, Quorn, LE12 8GA
- **Certificate Issued:** 17/11/2019
- **Work Completed:** 01/11/2019
- **Items:** 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £232,500 | 25/10/2024 | Terraced |
| 23 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £192,000 | 16/11/2016 | Terraced |
| 23 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £162,000 | 11/07/2012 | Terraced |
| 23 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £156,000 | 21/10/2011 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 6 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £175,000 | 20/03/2026 | Terraced |
| THE WHITE HOUSE, 101 MEETING STREET, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AQ | £740,000 | 22/12/2025 | Detached |
| 11 ELMS DRIVE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AF | £780,000 | 17/10/2025 | Detached |
| 29 CHAVENEY ROAD, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AB | £1,350,000 | 18/08/2025 | Detached |
| 4 THE DEEPWAY, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8HG | £330,000 | 30/04/2025 | Detached |
| [Same street] 16 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £224,950 | 16/10/2023 | Terraced |
| [Same street] 5 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £235,000 | 04/07/2023 | Terraced |
| 37 SANDERS ROAD, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8JN | £535,000 | 23/06/2023 | Detached |
| 38 SANDERS ROAD, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8JN | £850,000 | 28/04/2023 | Detached |
| [Same street] 28 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £215,000 | 21/12/2022 | Terraced |
| 19A CHAVENEY WALK, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8FH | £999,950 | 31/10/2022 | Detached |
| 28 CRADOCK DRIVE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8ER | £967,500 | 27/10/2022 | Detached |
| 10 FLANDERS CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8NY | £850,000 | 18/10/2022 | Detached |
| [Same street] 15 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £210,000 | 14/10/2022 | Terraced |
| [Same street] 9 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £250,000 | 31/08/2022 | Terraced |
| 18 THE SANDHILLS, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8JG | £325,000 | 31/08/2022 | Detached |
| THE WHITE HOUSE, 101 MEETING STREET, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AQ | £740,000 | 25/07/2022 | Detached |
| 75 CHAVENEY ROAD, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AB | £650,000 | 08/07/2022 | Detached |
| 104 WARWICK AVENUE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8HE | £370,000 | 26/05/2022 | Detached |
| 53 WARWICK AVENUE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8HE | £510,000 | 19/05/2022 | Detached |
| [Same street] 37 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £225,000 | 16/05/2022 | Terraced |
| 100 WARWICK AVENUE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8HE | £366,000 | 06/05/2022 | Detached |
| 31 CRADOCK DRIVE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8ER | £850,000 | 04/05/2022 | Detached |
| [Same street] 31 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £225,000 | 27/04/2022 | Terraced |
| [Same street] 22 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £108,000 | 11/04/2022 | Terraced |
| [Same street] 11 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £215,000 | 11/04/2022 | Semi-detached |
| 36 THE PINGLE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8FQ | £675,000 | 07/04/2022 | Detached |
| 26 THE PINGLE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8FQ | £700,000 | 25/03/2022 | Detached |
| 75 CHAVENEY ROAD, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AB | £655,000 | 25/02/2022 | Detached |
| 13 ELMS DRIVE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AF | £705,000 | 25/02/2022 | Detached |
| [Same street] 24 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £225,000 | 29/09/2021 | Terraced |
| [Same street] 40 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA | £206,000 | 29/06/2021 | Terraced |

**Street average:** £209,496 (12 sales)
**Area average:** £697,423 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £451,029 (149 Detached, LE12, 2024–2026)
- **Deviation:** -47.9%

## Rental Range

*ONS Price Index of Private Rents (Charnwood). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £857/mo
- **Realistic:** £952/mo
- **Optimistic:** £1,047/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £648/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Semi-Detached House, Briscoe Lane, LE12 | £1,350/mo | 2 | 1.15 miles | OpenRent |
| 2 Bed Semi-Detached House, Glen Road, LE11 | £1,050/mo | 2 | 1.21 miles | OpenRent |

**Average rent: £1,200/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.51% (weak for cashflow)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,200/mo).*

- **Gross yield:** 6.1%
- **Cost-to-rent:** 16.3×
- **Monthly cashflow:** £130/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £4,123/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 38%
- **10y growth:** 44.9%

## House Price Index (HM Land Registry)

*Official index for Charnwood; Detached series; as of March 2026.*

- **1y growth (index):** 2.2%
- **5y growth (index):** 19.8%
- **10y growth (index):** 50.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

LEASEHOLD

Floor area

57 m²

Council tax band

EPC rating

Last sold

£232,500 Oct 2024

Price per m²

£4,123/m²

Local average

£451,029 (-47.9%)

Deprivation

Decile 10 (33,458 of 33,755)

Street crime

26 incidents within 1 mile (Apr 2026)

Key features

Over 55's development
Two Bedrooms & Bathroom
Larger than average property style
Maintained communal grounds
Residents lounge with laundry and kitchen
Walking distance to bus routes
Village centre close by
Leasehold with monthly fee
Sought after development
Worry free living

Additional details

Parking: Yes
Garden: Yes

Description

Listed by

Covering Leicestershire

Moore & York

Reference: 144605960

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 04/03/2024

Expiry date: 03/03/2034

Current heating cost: £587/year

Potential heating cost: £536/year

Est. upgrade cost to C: £9,950

Recommendations

Party wall insulation (£300 - £600)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #9807874

Property Details

Street: 23 Sutton Close

Town: Quorn

Postcode: LE12 8GA

Installation Details

Items: 4 windows

Certificate Issued: 30/09/2013

Work Completed: 04/09/2013

This certificate data was retrieved from FENSA's database

FENSA Certificate #13848739

Property Details

Street: 23 Sutton Close

Town: Quorn

Postcode: LE12 8GA

Installation Details

Items: 1 door

Certificate Issued: 17/11/2019

Work Completed: 01/11/2019

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

49% since 2011

Event	Date	Price	% change
Sold	25/10/2024 (1 year ago)	£232,500	+21.1%
Sold	16/11/2016 (9 years ago)	£192,000	+18.5%
Sold	11/07/2012 (13 years ago)	£162,000	+3.8%
Sold	21/10/2011 (14 years ago)	£156,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 6 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£175,000	20/03/2026	Terraced
THE WHITE HOUSE, 101 MEETING STREET, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AQ	£740,000	22/12/2025	Detached
11 ELMS DRIVE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AF	£780,000	17/10/2025	Detached
29 CHAVENEY ROAD, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AB	£1,350,000	18/08/2025	Detached
4 THE DEEPWAY, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8HG	£330,000	30/04/2025	Detached
Same street 16 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£224,950	16/10/2023	Terraced
Same street 5 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£235,000	04/07/2023	Terraced
37 SANDERS ROAD, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8JN	£535,000	23/06/2023	Detached
38 SANDERS ROAD, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8JN	£850,000	28/04/2023	Detached
Same street 28 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£215,000	21/12/2022	Terraced
19A CHAVENEY WALK, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8FH	£999,950	31/10/2022	Detached
28 CRADOCK DRIVE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8ER	£967,500	27/10/2022	Detached
10 FLANDERS CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8NY	£850,000	18/10/2022	Detached
Same street 15 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£210,000	14/10/2022	Terraced
Same street 9 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£250,000	31/08/2022	Terraced
18 THE SANDHILLS, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8JG	£325,000	31/08/2022	Detached
THE WHITE HOUSE, 101 MEETING STREET, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AQ	£740,000	25/07/2022	Detached
75 CHAVENEY ROAD, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AB	£650,000	08/07/2022	Detached
104 WARWICK AVENUE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8HE	£370,000	26/05/2022	Detached
53 WARWICK AVENUE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8HE	£510,000	19/05/2022	Detached
Same street 37 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£225,000	16/05/2022	Terraced
100 WARWICK AVENUE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8HE	£366,000	06/05/2022	Detached
31 CRADOCK DRIVE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8ER	£850,000	04/05/2022	Detached
Same street 31 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£225,000	27/04/2022	Terraced
Same street 22 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£108,000	11/04/2022	Terraced
Same street 11 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£215,000	11/04/2022	Semi-detached
36 THE PINGLE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8FQ	£675,000	07/04/2022	Detached
26 THE PINGLE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8FQ	£700,000	25/03/2022	Detached
75 CHAVENEY ROAD, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AB	£655,000	25/02/2022	Detached
13 ELMS DRIVE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8AF	£705,000	25/02/2022	Detached
Same street 24 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£225,000	29/09/2021	Terraced
Same street 40 SUTTON CLOSE, QUORN, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE12 8GA	£206,000	29/06/2021	Terraced

Street average: £209,496 (12 sales)

Area average: £697,423 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 38%

10y growth 44.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Charnwood. Series: Detached. As of March 2026.

1y (index) 2.2%

5y (index) 19.8%

10y (index) 50.6%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: AMPLIUS LIVING (7853)

Rental Range

Estimated market rent for Charnwood. Low = conservative, Realistic = average, Optimistic = best case.

Low £857/mo

Realistic £952/mo

Optimistic £1,047/mo

Based on Local Authority from postcode lookup → Charnwood.

LHA (30th percentile) floor for Leicester: £648/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View LE12 8GA

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Silver Birches	0.2 miles
Bus stop	Barrow Road	0.2 miles
Shop	Quorn Stone	0.2 miles
Shop	The Co-operative Food	0.2 miles
Train station	Quorn & Woodhouse	0.5 miles
Train station	Barrow-upon-Soar	1.4 miles
University	Unknown	1.9 miles
Hospital	Loughborough Health Centre	2.2 miles
University	Loughborough University	2.9 miles
Hospital	Loughborough Hospital	2.9 miles

Street-level crime

Category	Count
Violence and sexual offences	7
Vehicle crime	4
Anti-social behaviour	3
Criminal damage and arson	2
Public order	2
Shoplifting	2
Bicycle theft	1
Burglary	1
Drugs	1
Other crime	1
Other theft	1
Robbery	1
Total incidents	26

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Bartholomew's Church of England Primary School	Primary	0.1 miles	Good — 12 Jan 2018
Rawlins	Secondary	0.3 miles	— (Inspected (no overall grade))
Woodside Lodge Outdoor Learning Centre	Other	0.6 miles	Outstanding — 24 Jun 2024
Homefield College	Other	1.3 miles	— (No rating)
Humphrey Perkins School	Secondary	1.4 miles	Good — 10 May 2020

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Semi-Detached House, Briscoe Lane, LE12	£1,350/mo	2	1.15 miles	OpenRent
2 Bed Semi-Detached House, Glen Road, LE11	£1,050/mo	2	1.21 miles	OpenRent

Average rent: £1,200/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.51%

Max investor price (0.8%) £150,000

Target investor price (1%) £120,000

Gross yield 6.1%

Cost-to-rent ratio 16.3×

Monthly cashflow £130/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 2.3%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).