Sold STC Detached

Middle Fell

THE CRESCENT, GRANGE-OVER-SANDS, CUMBRIA LA11 6AW

3 beds 121 m² Listed 5 Apr 2012 (-5194d)

£310,000

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# 3 bedroom detached bungalow for sale (LA11 6AW)

## Property Details

| Key | Value |
|-----|-------|
| Address | MIDDLE FELL, THE CRESCENT, GRANGE-OVER-SANDS, CUMBRIA LA11 6AW |
| Price | £310,000 |
| Bedrooms | 3 |
| Last sold | £302,500 Aug 2012 |

## Description

**Location:** **** Proceed up Main Street, bearing right at the mini roundabout into the 'one way system'.  At the crossroads go straight ahead into Grange Fell Road, past the library, up the hill in the direction of Cartmel, taking the fourth road on the left into 'The Crescent'. Proceed through The Crescent bearing right at the top. 'Middle Fell' is at the top of the cul-de-sac on the left hand side.

Located in an elevated position, the walk down to the Town Centre is approximately 1 mile away (just a short drive) where a variety of individual shops etc can be found.  There is a regular bus service with the bus stop being conveniently located at the entrance to The Crescent.

**Description:** **** 'Middle Fell' is a lovely, well proportioned, light and bright detached property, built of traditional construction with a white spar dash finish and feature limestone quoins to the front elevations, under a tile roof, with cavity wall and loft insulation, uPVC double glazed windows (apart from window panels in entrance vestibule) and gas central heating.  This spacious home is located in an elevated position on the edge of Grange adjacent to fields and woodland, beautifully upgraded and presented and comprises Entrance Vestibule, Welcoming Entrance Hall with Cloakroom off, Lounge, Conservatory, Kitchen, Utility Room, 3 Bedrooms (1 En-Suite) and 4 piece Shower Room. Outside there are well maintained manageable gardens to the front and rear plus a superb decked area with bespoke summerhouse.  Parking for 2 cars on the paved drive.  There are pleasant views over adjacent fields and woodland and over neighbouring gardens with glimpses of Morecambe Bay and the Ingleborough Fells in the distance.

We confidently recommend this property to those seeking a spacious, well maintained, adaptable property in a good open position on the edge of both town and country.

**Accommodation** **(with** **approximate** **measurements)** ****

**Covered** **Entrance** **** with mahogany uPVC glazed door to:-

**Entrance** **Vestibule** **** with quarry tiled floor, mahogany effect uPVC glazed side windows, white painted panelled ceiling and half glazed door with leaded and stained glass which leads to the:-

**Spacious** **Entrance** **Hall** **** being an 'L' shaped wide hallway with built-in storage cupboard with hanging space and shelf.  Airing cupboard housing the pre-lagged hot water cylinder tank and 2 slatted shelves. Honeywell central heating thermostat, telephone point and loft hatch with pull down ladder.  The loft is part boarded, well insulated and ideal for storage with light.

**Cloakroom** **** updated by the current owners and providing modern rectangular wash basin and low flush WC.  Complementary part tiled walls and uPVC double glazed window.

**Kitchen** **14' 4" x 10' 0" (4.37m x 3.05m)** a good sized room with a lovely aspect into rear garden with modern wall and base units with concealed lighting and beech effect worktops  incorporating the white Belfast sink unit. Gas Aga with 2 ovens and 2 hot plates. Space for fridge and plumbing for dishwasher. Part tiled walls, telephone point, ceramic tiled floor, 2 uPVC double glazed windows, Vent Axia extractor fan and Horstmann central heating controls.

**Lounge** **24' 3" x 14' 4" (7.39m x 4.37m)** a well proportioned sunny room with 2 sets of mahogany effect uPVC sliding doors which lead to the Conservatory.  Franco Belge 'Belfort' flue-less gas stove with attractive black cast iron back plate on a fossilised limestone hearth and pine Adam style surround.  Coved ceiling, 4 wall light points and TV point.

**Conservatory** **23' 0" x 6' 6" (7.01m x 1.98m)** a lovely sunny room being the full width of the lounge, with uPVC double glazed windows and polycarbonate roof.  There are pleasant views into the garden and woodland and over neighbouring gardens with glimpses of Morecambe Bay and the Pennine fells in the distance. TV point; door and steps out to garden. A delightful peaceful place for quiet contemplation!

**Utility/Hobbies** **Room** **11' 9" x 8' 11" (3.58m x 2.72m)** a useful versatile room with Belfast sink and work surfaces either side, plumbing for washing machine, space for freezer and tumble drier etc.  Wall mounted Potterton gas central heating boiler.  Mahogany effect uPVC double glazed window, tiled walls and floor.

**Master** **Bedroom** **14' 3" x 10' 11" (4.34m x 3.33m)** a spacious double room with pleasant front and side aspect.  2 fitted double wardrobes with part mirrored doors, cupboards under and over and 4 chests of drawers. 2 mahogany effect uPVC double glazed windows and TV point.  Door to -

**En-Suite** **Shower** **Room** **** replaced in 2009 to a high standard and complemented by attractive tiling to both floor and walls.  Modern shower enclosure with curved door, Grohe shower and additional enclosed shelving.  Modern pedestal basin and low flush WC.  Mahogany effect uPVC double glazed window and chrome ladder style radiator.

**Bedroom** **2** **12' 10" x 8' 11" (3.91m x 2.72m)** with mahogany effect uPVC double glazed window providing views over adjoining gardens towards Morecambe Bay.

**Bedroom** **3** **11' 0" x 7' 2" (3.35m x 2.18m)** a single room with a lovely aspect to field and woodland from the mahogany effect uPVC double glazed window.

**Shower** **Room** **** replaced in 2010 with a modern 4 piece white suite comprising Matki double shower enclosure with Grohe shower and seat.  Jacuzzi basin with mahogany surround and shelf under, bidet and WC.  Complementary tiled walls and floor, uPVC double glazed window, 1 stainless steel ladder style radiator and 1 stainless steel ladder style radiator electrically heated on a timer and useful recessed storage cupboard.

**Outside:** ****

**Garden** **&** **Parking:** **** Attractive gardens to both the front and rear which have been completely re-vamped by the current owners and now comprise enclosed paved parking area for 2 cars with steps leading down to the sunny paved entrance/sitting area with 2 small lawned areas enhanced by pretty flower/shrubbery borders either side of the steps all being enclosed by stone wall borders.  There are paved pathways to both sides of the property which lead around to the rear which comprises a raised and fenced market garden and attractive decked area with bespoke Summerhouse made of red pine ship-lap tongued and grooved, pine lined with a Canadian red cedar shingle roof, double doors and laminated glass windows which is absolutely ideal for enjoying the idyllic surroundings or for alfresco dining on a lovely summer's evening!

**Under-croft** **Storage** **13' 0" x 7' 0" average (3.96m x 2.13m average)** with light.

**Workshop** **13' 0" x 7' 0" average (3.96m x 2.13m average)** with power and light.

**Services:** **** Mains water, electricity, gas and drainage.  Gas central heating to radiators.

**Council** **Tax:** **** South Lakeland District Council - Band 'E'.

**Tenure:** **** Freehold.  Vacant possession upon completion.

**Viewing:** **** Strictly by appointment through Hackney & Leigh.  Telephone:  015395 32301.

## Property Photos

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- ![EPC](/listings/photos/33792211/727949) - EPC

## Floorplans

- ![Floorplan 1](/listings/photos/33792211/727952) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| MIDDLE FELL THE CRESCENT, GRANGE-OVER-SANDS, SOUTH LAKELAND, CUMBRIA, LA11 6AW | £302,500 | 29/08/2012 | Detached |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| ATHLONE THE CRESCENT, GRANGE-OVER-SANDS, WESTMORLAND AND FURNESS, LA11 6AW | £270,000 | 16/07/2024 | Detached |
| BRANSFIELD THE CRESCENT, GRANGE-OVER-SANDS, WESTMORLAND AND FURNESS, LA11 6AW | £329,500 | 06/04/2023 | Detached |
| ATHLONE THE CRESCENT, GRANGE-OVER-SANDS, WESTMORLAND AND FURNESS, LA11 6AW | £310,000 | 28/10/2022 | Detached |
| CHURCHGATE 2 GRANGE FELL ROAD, GRANGE-OVER-SANDS, SOUTH LAKELAND, CUMBRIA, LA11 6AN | £280,000 | 28/09/2022 | Detached |
| 14 MEADOWBANK LANE, GRANGE-OVER-SANDS, SOUTH LAKELAND, CUMBRIA, LA11 6AT | £425,000 | 02/03/2022 | Detached |
| 5 MEADOWBANK LANE, GRANGE-OVER-SANDS, SOUTH LAKELAND, CUMBRIA, LA11 6AT | £358,000 | 04/02/2022 | Detached |
| BRAMBLES ASHMOUNT ROAD, GRANGE-OVER-SANDS, SOUTH LAKELAND, CUMBRIA, LA11 6BX | £690,000 | 22/12/2021 | Detached |
| 13A MEADOWBANK LANE, GRANGE-OVER-SANDS, WESTMORLAND AND FURNESS, LA11 6AT | £475,000 | 09/12/2021 | Detached |
| GREENSIDE ASHMOUNT ROAD, GRANGE-OVER-SANDS, SOUTH LAKELAND, CUMBRIA, LA11 6BX | £465,000 | 29/06/2021 | Detached |

**Area average:** £400,278 (9 sales)

## Price vs local average

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

- **Local average:** £519,681 (18 Detached, LA11, 2024–2026)
- **Deviation:** -40.3%

## Rental Range

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

- **Low:** £859/mo
- **Realistic:** £954/mo
- **Optimistic:** £1,049/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £588/mo

## 1% Rule

- **Rent ratio:** 0.31% (weak for cashflow)
- **Max investor price (0.8%):** £119,250
- **Target investor price (1%):** £95,400

*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 Area rent estimate.*

## Capital growth trend

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

- **5y growth:** 20%
- **10y growth:** 67.2%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 1.1%
- **5y growth (index):** 22.5%
- **10y growth (index):** 56.4%

## 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)

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 EPC

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Property details

Floor area

121 m²

Last sold

£302,500 Aug 2012

Local average

£519,681 (-40.3%)

Deprivation

Decile 8 (25,987 of 33,755)

Street crime

9 incidents within 1 mile (Apr 2026)

Key features

Quiet, idyllic setting with wildlife on the doorstep
Spacious, light and well proportioned accommodation
Gas central heating, extensive double glazing
Must be viewed to appreciate this delightful bungalow

Additional details

Parking: Yes
Garden: Yes

Description

Location: ** Proceed up Main Street, bearing right at the mini roundabout into the 'one way system'. At the crossroads go straight ahead into Grange Fell Road, past the library, up the hill in the direction of Cartmel, taking the fourth road on the left into 'The Crescent'. Proceed through The Crescent bearing right at the top. 'Middle Fell' is at the top of the cul-de-sac on the left hand side.

Located in an elevated position, the walk down to the Town Centre is approximately 1 mile away (just a short drive) where a variety of individual shops etc can be found. There is a regular bus service with the bus stop being conveniently located at the entrance to The Crescent.

Description: 'Middle Fell' is a lovely, well proportioned, light and bright detached property, built of traditional construction with a white spar dash finish and feature limestone quoins to the front elevations, under a tile roof, with cavity wall and loft insulation, uPVC double glazed windows (apart from window panels in entrance vestibule) and gas central heating. This spacious home is located in an elevated position on the edge of Grange adjacent to fields and woodland, beautifully upgraded and presented and comprises Entrance Vestibule, Welcoming Entrance Hall with Cloakroom off, Lounge, Conservatory, Kitchen, Utility Room, 3 Bedrooms (1 En-Suite) and 4 piece Shower Room. Outside there are well maintained manageable gardens to the front and rear plus a superb decked area with bespoke summerhouse. Parking for 2 cars on the paved drive. There are pleasant views over adjacent fields and woodland and over neighbouring gardens with glimpses of Morecambe Bay and the Ingleborough Fells in the distance.

We confidently recommend this property to those seeking a spacious, well maintained, adaptable property in a good open position on the edge of both town and country.

Accommodation (with approximate measurements)

Covered Entrance with mahogany uPVC glazed door to:-

Entrance Vestibule with quarry tiled floor, mahogany effect uPVC glazed side windows, white painted panelled ceiling and half glazed door with leaded and stained glass which leads to the:-

Spacious Entrance Hall being an 'L' shaped wide hallway with built-in storage cupboard with hanging space and shelf. Airing cupboard housing the pre-lagged hot water cylinder tank and 2 slatted shelves. Honeywell central heating thermostat, telephone point and loft hatch with pull down ladder. The loft is part boarded, well insulated and ideal for storage with light.

Cloakroom updated by the current owners and providing modern rectangular wash basin and low flush WC. Complementary part tiled walls and uPVC double glazed window.

Kitchen 14' 4" x 10' 0" (4.37m x 3.05m) a good sized room with a lovely aspect into rear garden with modern wall and base units with concealed lighting and beech effect worktops incorporating the white Belfast sink unit. Gas Aga with 2 ovens and 2 hot plates. Space for fridge and plumbing for dishwasher. Part tiled walls, telephone point, ceramic tiled floor, 2 uPVC double glazed windows, Vent Axia extractor fan and Horstmann central heating controls.

Lounge 24' 3" x 14' 4" (7.39m x 4.37m) a well proportioned sunny room with 2 sets of mahogany effect uPVC sliding doors which lead to the Conservatory. Franco Belge 'Belfort' flue-less gas stove with attractive black cast iron back plate on a fossilised limestone hearth and pine Adam style surround. Coved ceiling, 4 wall light points and TV point.

Conservatory 23' 0" x 6' 6" (7.01m x 1.98m) a lovely sunny room being the full width of the lounge, with uPVC double glazed windows and polycarbonate roof. There are pleasant views into the garden and woodland and over neighbouring gardens with glimpses of Morecambe Bay and the Pennine fells in the distance. TV point; door and steps out to garden. A delightful peaceful place for quiet contemplation!

Utility/Hobbies Room 11' 9" x 8' 11" (3.58m x 2.72m) a useful versatile room with Belfast sink and work surfaces either side, plumbing for washing machine, space for freezer and tumble drier etc. Wall mounted Potterton gas central heating boiler. Mahogany effect uPVC double glazed window, tiled walls and floor.

Master Bedroom 14' 3" x 10' 11" (4.34m x 3.33m) a spacious double room with pleasant front and side aspect. 2 fitted double wardrobes with part mirrored doors, cupboards under and over and 4 chests of drawers. 2 mahogany effect uPVC double glazed windows and TV point. Door to -

En-Suite Shower Room replaced in 2009 to a high standard and complemented by attractive tiling to both floor and walls. Modern shower enclosure with curved door, Grohe shower and additional enclosed shelving. Modern pedestal basin and low flush WC. Mahogany effect uPVC double glazed window and chrome ladder style radiator.

Bedroom 2 12' 10" x 8' 11" (3.91m x 2.72m) with mahogany effect uPVC double glazed window providing views over adjoining gardens towards Morecambe Bay.

Bedroom 3 11' 0" x 7' 2" (3.35m x 2.18m) a single room with a lovely aspect to field and woodland from the mahogany effect uPVC double glazed window.

Shower Room replaced in 2010 with a modern 4 piece white suite comprising Matki double shower enclosure with Grohe shower and seat. Jacuzzi basin with mahogany surround and shelf under, bidet and WC. Complementary tiled walls and floor, uPVC double glazed window, 1 stainless steel ladder style radiator and 1 stainless steel ladder style radiator electrically heated on a timer and useful recessed storage cupboard.

Outside:

Garden & Parking: Attractive gardens to both the front and rear which have been completely re-vamped by the current owners and now comprise enclosed paved parking area for 2 cars with steps leading down to the sunny paved entrance/sitting area with 2 small lawned areas enhanced by pretty flower/shrubbery borders either side of the steps all being enclosed by stone wall borders. There are paved pathways to both sides of the property which lead around to the rear which comprises a raised and fenced market garden and attractive decked area with bespoke Summerhouse made of red pine ship-lap tongued and grooved, pine lined with a Canadian red cedar shingle roof, double doors and laminated glass windows which is absolutely ideal for enjoying the idyllic surroundings or for alfresco dining on a lovely summer's evening!

Under-croft Storage 13' 0" x 7' 0" average (3.96m x 2.13m average) with light.

Workshop 13' 0" x 7' 0" average (3.96m x 2.13m average) with power and light.

Services: Mains water, electricity, gas and drainage. Gas central heating to radiators.

Council Tax: South Lakeland District Council - Band 'E'.

Tenure: Freehold. Vacant possession upon completion.

Viewing: ** Strictly by appointment through Hackney & Leigh. Telephone: 015395 32301.

Listed by

Grange Over Sands

Hackney & Leigh

Reference: 33792211

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address	Current	Potential	Floor area	Age band	Type
1, The Crescent, GRANGE-OVER-SANDS	62	82	102 m²	England and Wales: 1930-1949	Detached
2, The Crescent, GRANGE-OVER-SANDS	60	81	84 m²	England and Wales: 1930-1949	Detached
3, The Crescent, GRANGE-OVER-SANDS	47	73	88 m²	England and Wales: 1930-1949	Detached
5, The Crescent, GRANGE-OVER-SANDS	60	83	85 m²	England and Wales: 1950-1966	Detached
6, The Crescent, GRANGE-OVER-SANDS	56	74	92 m²	England and Wales: 1950-1966	Detached
Alfriston, The Crescent, GRANGE-OVER-SANDS	68	81	110 m²	England and Wales: 1976-1982	Detached
Alpine House, The Crescent, GRANGE-OVER-SANDS	78	81	63 m²	England and Wales: 1930-1949	Detached
ALPINE HOUSE, THE CRESCENT, GRANGE-OVER-SANDS, GRANGE-OVER-SANDS	68	85	64 m²	England and Wales: 1950-1966	Detached
Athlone, The Crescent, GRANGE-OVER-SANDS	39	81	86 m²	England and Wales: 1950-1966	Detached
Bransfield, The Crescent, GRANGE-OVER-SANDS	61	81	88 m²	England and Wales: 1976-1982	Detached
Browside, The Crescent, GRANGE-OVER-SANDS	72	81	64 m²	England and Wales: 1950-1966	Detached
Browside, The Crescent, GRANGE-OVER-SANDS	62	84	70 m²	England and Wales: 1930-1949	Detached
Caithness, The Crescent, GRANGE-OVER-SANDS	58	86	60 m²	England and Wales: 1930-1949	Detached
Crocus House, The Crescent, GRANGE-OVER-SANDS	78	107	100 m²	—	Detached
Deepdale, The Crescent, GRANGE-OVER-SANDS	72	86	72 m²	England and Wales: 1900-1929	Detached

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

Event	Date	Price	% change
Sold	29/08/2012 (13 years ago)	£302,500	—

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
ATHLONE THE CRESCENT, GRANGE-OVER-SANDS, WESTMORLAND AND FURNESS, LA11 6AW	£270,000	16/07/2024	Detached
BRANSFIELD THE CRESCENT, GRANGE-OVER-SANDS, WESTMORLAND AND FURNESS, LA11 6AW	£329,500	06/04/2023	Detached
ATHLONE THE CRESCENT, GRANGE-OVER-SANDS, WESTMORLAND AND FURNESS, LA11 6AW	£310,000	28/10/2022	Detached
CHURCHGATE 2 GRANGE FELL ROAD, GRANGE-OVER-SANDS, SOUTH LAKELAND, CUMBRIA, LA11 6AN	£280,000	28/09/2022	Detached
14 MEADOWBANK LANE, GRANGE-OVER-SANDS, SOUTH LAKELAND, CUMBRIA, LA11 6AT	£425,000	02/03/2022	Detached
5 MEADOWBANK LANE, GRANGE-OVER-SANDS, SOUTH LAKELAND, CUMBRIA, LA11 6AT	£358,000	04/02/2022	Detached
BRAMBLES ASHMOUNT ROAD, GRANGE-OVER-SANDS, SOUTH LAKELAND, CUMBRIA, LA11 6BX	£690,000	22/12/2021	Detached
13A MEADOWBANK LANE, GRANGE-OVER-SANDS, WESTMORLAND AND FURNESS, LA11 6AT	£475,000	09/12/2021	Detached
GREENSIDE ASHMOUNT ROAD, GRANGE-OVER-SANDS, SOUTH LAKELAND, CUMBRIA, LA11 6BX	£465,000	29/06/2021	Detached

Area average: £400,278 (9 sales)

Capital growth trend

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

5y growth 20%

10y growth 67.2%

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

1y (index) 1.1%

5y (index) 22.5%

10y (index) 56.4%

Rental Range

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

Low £859/mo

Realistic £954/mo

Optimistic £1,049/mo

Based on Region from postcode lookup → North West.

LHA (30th percentile) floor for North Cumbria: £588/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View LA11 6AW

Address

The Crescent

Nearby

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

Type	Name	Distance
Bus stop	The Crescent	0.1 miles
Bus stop	Fell Drive	0.2 miles
Shop	Grange Laundry	0.5 miles
Shop	J. Procter	0.5 miles
Train station	Grange-over-Sands	0.9 miles
Train station	Kents Bank	1.3 miles
Hospital	Unknown	7.1 miles
Hospital	Queen Victoria Hospital	8.7 miles
University	University of Cumbria, Lancaster Campus	11.8 miles

Street-level crime

Category	Count
Violence and sexual offences	4
Criminal damage and arson	3
Other crime	1
Public order	1
Total incidents	9

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
Grange CofE Primary School	Primary	0.3 miles	Good — 8 Nov 2023
Fell House School	Other	0.4 miles	Good — 20 May 2024
Allithwaite CofE Primary School	Primary	1.0 miles	Good — 10 Jun 2013
Cartmel Priory CofE School	Secondary	1.1 miles	Good — 4 Jul 2013
Cartmel CofE Primary School	Primary	1.2 miles	Good — 12 May 2020

Rental Comparables

Rental listings exist nearby, but none matched the 3-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.31%

Max investor price (0.8%) £119,250

Target investor price (1%) £95,400

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).

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