# 1 bedroom apartment for rent (SG6 3HL)

## Property Details

| Key | Value |
|-----|-------|
| Address | Gernon Road, Letchworth Garden City, SG6, SG6 3HL |
| Price | £1,095 pcm |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £340,000 |

## Description

Presented by Satchells is this SUPERB one bedroom ground floor apartment located in the exclusive development known as Teeling Court. This apartment is stunning from the moment you enter! Off the large entrance hall we have a good sized open plan kitchen / lounge area with a MODERN single wall kitchen and French doors out to a small patio area, a DOUBLE bedroom with built in wardrobes and the STUNNING three-piece bathroom suite. This apartment also benefits from a secure phone entry system and Hive controlled heating. Outside the property is complimented by an allocated parking space with electric charging points available and a bike store. This beautiful apartment is not to be missed and is available Mid April! Call us on   to book a viewing!

A Town Centre location with strolling distance to all local amenities and Letchworths mainline station is a real bonus with this apartment! Additionally, it is within a short 5 minute drive of the A1, A505 & A507 meaning it is the perfect location for all commuters.

Council Tax Band - B

A security deposit is payable at the time of your offer being accepted by the landlord/s. This is equivalent to one weeks rent and for this property is £252. This does then form part of your five week holding deposit meaning once all satisfactory references are passed you will then be required to pay £1,008. For more information please contact the office.

## Property Photos

- ![Photo](/listings/photos/145694633/556550)
- ![Photo](/listings/photos/145694633/556562)
- ![Photo](/listings/photos/145694633/556564)
- ![Photo](/listings/photos/145694633/556570)
- ![Photo](/listings/photos/145694633/556574)
- ![Photo](/listings/photos/145694633/556576)
- ![Photo](/listings/photos/145694633/556578)
- ![Photo](/listings/photos/145694633/556581)
- ![Photo](/listings/photos/145694633/556582)
- ![Photo](/listings/photos/145694633/556584)
- ![Photo](/listings/photos/145694633/556585)

## Floorplans

- ![Floorplan 1](/listings/photos/145694633/556586) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/145694633/556587) - EPC 1

## Rental Range

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

- **Low:** £1,274/mo
- **Realistic:** £1,415/mo
- **Optimistic:** £1,557/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £773/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 |
|------|------|------|------|------|
| 1 Bed Flat, Chagny Close, SG6 | £1,000/mo | 1 | 0.33 miles | OpenRent |
| 1 Bed Maisonette, Horace Gay Gardens, SG6 | £1,095/mo | 1 | 0.42 miles | OpenRent |
| 1 Bed Flat, Rosemont Close, SG6 | £1,000/mo | 1 | 0.44 miles | OpenRent |
| 1 Bed Flat, Summers Lodge, SG6 | £1,025/mo | 1 | 0.48 miles | OpenRent |
| 1 Bed Flat, Summers Lodge, SG6 | £950/mo | 1 | 0.48 miles | OpenRent |
| 1 Bed Maisonette, Monklands, SG6 | £930/mo | 1 | 0.79 miles | OpenRent |
| 1 Bed Flat, Letchworth Garden City, SG6 | £1,350/mo | 1 | 0.97 miles | OpenRent |

**Average rent: £1,050/mo (7 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,000/mo).*

- **Gross yield:** 1095.9%
- **Monthly cashflow:** £871/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3290.3%

*Gross yield = annual rent as % of price (no costs). 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).*

## 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)