Sold STC Flat

64 MARMET AVENUE

LETCHWORTH GARDEN CITY, HERTFORDSHIRE SG6 4QF

1 beds 1 baths 21 m² Listed 20 Aug 2025 (-308d)

£130,000

Reduced on 16 Sep 2025

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# 1 bedroom apartment for sale (SG6 4QF)

## Property Details

| Key | Value |
|-----|-------|
| Address | 64 MARMET AVENUE, LETCHWORTH GARDEN CITY, HERTFORDSHIRE SG6 4QF |
| Price | £130,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £130,000 Feb 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 31/07/2029
- **Current heating cost:** £122/year
- **Est. upgrade cost to C:** £500

### Recommendations
- L2 (£400 - £600)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0648-2899-6883-9201-7721)

## Description

Letchworth Garden City is home to the UK`s First Roundabout and is the original  Garden City` offering residents the best of town and country living.  The Town Centre is easily accessible boasting a wide variety of civic and recreational amenities, along with a good range of shopping facilities.  There is excellent local schooling, and for commuters there is a mainline train station which connects to London Kings Cross, and excellent links to major roads particularly the A1M.

Any details given are based solely on information given by our vendor.

**Notice**

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

## Property Photos

- ![Photo](/listings/photos/166016711/710906)
- ![Photo](/listings/photos/166016711/710907)
- ![Photo](/listings/photos/166016711/710908)
- ![Photo](/listings/photos/166016711/710909)
- ![Photo](/listings/photos/166016711/710910)

## Floorplans

- ![Floorplan 1](/listings/photos/166016711/710911) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/166016711/710913) - EPC 1

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #7732559
- **Address:** 64 Marmet Avenue, LETCHWORTH GARDEN CITY, SG6 4QF
- **Certificate Issued:** 25/10/2010
- **Work Completed:** 07/10/2010
- **Items:** 3 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 64 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF | £130,000 | 06/02/2026 | Flat |
| 64 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF | £95,000 | 04/09/2009 | Flat |
| 64 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF | £41,000 | 23/06/2000 | Flat |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 82 CHAGNY CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4BY | £150,000 | 12/02/2025 | Flat |
| [Same street] 78 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF | £185,000 | 30/08/2023 | Flat |
| [Same street] 66 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF | £200,000 | 10/05/2023 | Flat |
| 21 ICKNIELD GREEN, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4DL | £245,000 | 11/04/2023 | Flat |
| [Same street] 114 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF | £175,000 | 31/03/2023 | Flat |
| [Same street] 86 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF | £209,000 | 02/12/2022 | Flat |
| [Same street] 93 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF | £155,000 | 25/11/2022 | Flat |
| 26 HORACE GAY GARDENS, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XP | £190,000 | 14/09/2022 | Flat |
| 3 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QE | £140,000 | 11/07/2022 | Flat |
| 39 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QE | £165,000 | 01/06/2022 | Flat |
| [Same street] 80 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF | £175,000 | 27/05/2022 | Flat |
| 20 HORACE GAY GARDENS, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XP | £185,000 | 12/05/2022 | Flat |
| 12 ICKNIELD GREEN, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4DL | £255,000 | 29/04/2022 | Flat |
| 20 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QE | £241,000 | 29/04/2022 | Flat |
| [Same street] 77 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF | £188,000 | 07/04/2022 | Flat |
| 39 ROSEMONT CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XR | £160,000 | 31/03/2022 | Flat |
| 56 CHAGNY CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4BY | £160,000 | 04/03/2022 | Flat |
| 38 ROSEMONT CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XR | £172,500 | 27/01/2022 | Flat |
| 10 ROSEMONT CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XR | £170,000 | 22/12/2021 | Flat |
| [Same street] 119 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF | £356,000 | 07/12/2021 | Terraced |
| 143 FLAT 9 ICKNIELD WAY, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4AD | £205,000 | 19/11/2021 | Flat |
| 2 ROSEMONT CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XR | £174,250 | 29/10/2021 | Flat |
| 143 FLAT 8 ICKNIELD WAY, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4AD | £215,000 | 28/10/2021 | Flat |
| 3 ROSEMONT CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XR | £145,000 | 08/10/2021 | Flat |
| 143 FLAT 6 ICKNIELD WAY, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4AD | £228,000 | 08/10/2021 | Flat |

**Street average:** £205,375 (8 sales)
**Area average:** £188,279 (17 sales)

## Price vs local average

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

- **Local average:** £191,346 (13 Flat, SG6, 2024–2026)
- **Deviation:** -32.1%

## Rental Range

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

- **Low:** £1,279/mo
- **Realistic:** £1,421/mo
- **Optimistic:** £1,563/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 Maisonette, Marmet Avenue, SG6 | £1,000/mo | 1 | 0.04 miles | OpenRent |
| 1 Bed Flat, Marmet Avenue, SG6 | £1,350/mo | 1 | 0.04 miles | OpenRent |
| 1 Bed Flat, Chagny Close, SG6 | £1,000/mo | 1 | 0.06 miles | OpenRent |
| 1 Bed Maisonette, Horace Gay Gardens, SG6 | £1,095/mo | 1 | 0.17 miles | OpenRent |
| 1 Bed Flat, Rosemont Close, SG6 | £1,000/mo | 1 | 0.17 miles | OpenRent |
| 1 Bed Flat, Summers Lodge, SG6 | £950/mo | 1 | 0.23 miles | OpenRent |
| 1 Bed Flat, Summers Lodge, SG6 | £1,025/mo | 1 | 0.23 miles | OpenRent |
| 1 Bed Flat, Eastcheap, SG6 | £1,100/mo | 1 | 0.29 miles | OpenRent |
| 1 Bed Flat, Eastcheap, SG6 | £1,250/mo | 1 | 0.29 miles | OpenRent |
| 1 Bed Maisonette, Monklands, SG6 | £930/mo | 1 | 0.52 miles | OpenRent |
| 1 Bed Flat, Letchworth Garden City, SG6 | £1,350/mo | 1 | 0.78 miles | OpenRent |

**Average rent: £1,095/mo (11 listings)**

## 1% Rule

- **Rent ratio:** 0.79% (weak for cashflow)
- **Max investor price (0.8%):** £128,125
- **Target investor price (1%):** £102,500

*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 £1,025/mo).*

- **Gross yield:** 9.5%
- **Cost-to-rent:** 10.6×
- **Monthly cashflow:** £386/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 12.3%

*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:** £6,190/m²

## Capital growth trend

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

- **5y growth:** 11.5%
- **10y growth:** 11.5%

## House Price Index (HM Land Registry)

*Official index for North Hertfordshire; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -4.5%
- **5y growth (index):** 2.4%
- **10y growth (index):** 14.9%

## 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

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Property details

Tenure

LEASEHOLD (116 years remaining on lease)

Floor area

21 m²

Council tax band

EPC rating

Last sold

£130,000 Feb 2026

Price per m²

£6,190/m²

Local average

£191,346 (-32.1%)

Deprivation

Decile 8 (25,776 of 33,755)

Street crime

185 incidents within 1 mile (Apr 2026)

Key features

CHAIN FREE
One bedroom
First floor
Lounge
Kitchen
Bathroom
Plenty of parking
Walking distance to town centre
Walking distance to train station
117 years left on lease

Additional details

Parking: Yes

Description

CHAIN FREE......This first floor apartment offers a lounge, kitchen, bedroom and bathroom. The property is within easy walking distance to Letchworth Town Centre and Mainline train station. There is plenty of parking and this property is ideal for a first time buyer or buy to let investor.

Letchworth Garden City is home to the UK`s First Roundabout and is the original Garden City` offering residents the best of town and country living. The Town Centre is easily accessible boasting a wide variety of civic and recreational amenities, along with a good range of shopping facilities. There is excellent local schooling, and for commuters there is a mainline train station which connects to London Kings Cross, and excellent links to major roads particularly the A1M.

Any details given are based solely on information given by our vendor.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Listed by

Letchworth

Alexander Lewis

Reference: 166016711

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 01/08/2019

Expiry date: 31/07/2029

Current heating cost: £122/year

Potential heating cost: £99/year

Est. upgrade cost to C: £500

Recommendations

High heat retention storage heaters (£400 - £600)

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 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #7732559

Property Details

Street: 64 Marmet Avenue

Town: LETCHWORTH GARDEN CITY

Postcode: SG6 4QF

Installation Details

Items: 3 windows

Certificate Issued: 25/10/2010

Work Completed: 07/10/2010

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

217% since 2000

Event	Date	Price	% change
Sold	06/02/2026 (4 months ago)	£130,000	+36.8%
Sold	04/09/2009 (16 years ago)	£95,000	+131.7%
Sold	23/06/2000 (26 years ago)	£41,000	—

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
82 CHAGNY CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4BY	£150,000	12/02/2025	Flat
Same street 78 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF	£185,000	30/08/2023	Flat
Same street 66 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF	£200,000	10/05/2023	Flat
21 ICKNIELD GREEN, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4DL	£245,000	11/04/2023	Flat
Same street 114 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF	£175,000	31/03/2023	Flat
Same street 86 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF	£209,000	02/12/2022	Flat
Same street 93 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF	£155,000	25/11/2022	Flat
26 HORACE GAY GARDENS, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XP	£190,000	14/09/2022	Flat
3 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QE	£140,000	11/07/2022	Flat
39 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QE	£165,000	01/06/2022	Flat
Same street 80 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF	£175,000	27/05/2022	Flat
20 HORACE GAY GARDENS, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XP	£185,000	12/05/2022	Flat
12 ICKNIELD GREEN, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4DL	£255,000	29/04/2022	Flat
20 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QE	£241,000	29/04/2022	Flat
Same street 77 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF	£188,000	07/04/2022	Flat
39 ROSEMONT CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XR	£160,000	31/03/2022	Flat
56 CHAGNY CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4BY	£160,000	04/03/2022	Flat
38 ROSEMONT CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XR	£172,500	27/01/2022	Flat
10 ROSEMONT CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XR	£170,000	22/12/2021	Flat
Same street 119 MARMET AVENUE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4QF	£356,000	07/12/2021	Terraced
143 FLAT 9 ICKNIELD WAY, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4AD	£205,000	19/11/2021	Flat
2 ROSEMONT CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XR	£174,250	29/10/2021	Flat
143 FLAT 8 ICKNIELD WAY, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4AD	£215,000	28/10/2021	Flat
3 ROSEMONT CLOSE, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4XR	£145,000	08/10/2021	Flat
143 FLAT 6 ICKNIELD WAY, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 4AD	£228,000	08/10/2021	Flat

Street average: £205,375 (8 sales)

Area average: £188,279 (17 sales)

Capital growth trend

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

5y growth 11.5%

10y growth 11.5%

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

1y (index) -4.5%

5y (index) 2.4%

10y (index) 14.9%

Rental Range

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

Low £1,279/mo

Realistic £1,421/mo

Optimistic £1,563/mo

Based on Local Authority from postcode lookup → North Hertfordshire.

LHA (30th percentile) floor for Stevenage & North Herts: £773/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SG6 4QF

Nearby

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

Type	Name	Distance
Bus stop	Station Way	0.1 miles
Train station	Letchworth Garden City	0.3 miles
Shop	Garden House Hospice Care	0.3 miles
Shop	Alice's Wonderland & Chick's Embroidery	0.3 miles
Train station	Hitchin	2.2 miles
Hospital	Unknown	6.9 miles
University	University of Bedfordshire : Putteridge Bury Campus	7.6 miles
University	University of Bedfordshire	7.7 miles
Hospital	Widecombe Nursing Home	9.3 miles

Street-level crime

Category	Count
Violence and sexual offences	66
Anti-social behaviour	60
Criminal damage and arson	16
Other theft	11
Shoplifting	7
Public order	5
Burglary	4
Other crime	4
Drugs	3
Vehicle crime	3
Possession of weapons	2
Robbery	2
Theft from the person	2
Total incidents	185

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
Icknield Infant and Nursery School	Primary	0.3 miles	Requires improvement — 28 Mar 2023
Wilbury Junior School	Primary	0.3 miles	Good — 8 Sep 2024
St Francis College	Other	0.5 miles	— (No rating)
Fearnhill School	Secondary	0.6 miles	Good — 17 Nov 2022
Pixmore Junior School	Primary	0.7 miles	Good — 21 Oct 2015

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 Maisonette, Marmet Avenue, SG6	£1,000/mo	1	0.04 miles	OpenRent
1 Bed Flat, Marmet Avenue, SG6	£1,350/mo	1	0.04 miles	OpenRent
1 Bed Flat, Chagny Close, SG6	£1,000/mo	1	0.06 miles	OpenRent
1 Bed Maisonette, Horace Gay Gardens, SG6	£1,095/mo	1	0.17 miles	OpenRent
1 Bed Flat, Rosemont Close, SG6	£1,000/mo	1	0.17 miles	OpenRent
1 Bed Flat, Summers Lodge, SG6	£950/mo	1	0.23 miles	OpenRent
1 Bed Flat, Summers Lodge, SG6	£1,025/mo	1	0.23 miles	OpenRent
1 Bed Flat, Eastcheap, SG6	£1,100/mo	1	0.29 miles	OpenRent
1 Bed Flat, Eastcheap, SG6	£1,250/mo	1	0.29 miles	OpenRent
1 Bed Maisonette, Monklands, SG6	£930/mo	1	0.52 miles	OpenRent
1 Bed Flat, Letchworth Garden City, SG6	£1,350/mo	1	0.78 miles	OpenRent

Average rent: £1,095/mo (11 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 7.2% gross yield avg £197,000 sale, £1,175/mo rent

Rent ratio 0.79%

Max investor price (0.8%) £128,125

Target investor price (1%) £102,500

Gross yield 9.5%

Cost-to-rent ratio 10.6×

Monthly cashflow £386/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 12.3%

This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
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).