# 1 bedroom apartment for rent (TN23 4AL)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 11, BAYLEY PLACE, 5, LEACON ROAD, ASHFORD, KENT TN23 4AL |
| Price | £1,120 pcm |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Floor area | 54 m² |
| Last sold | £227,700 Jul 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 22/02/2031
- **Current heating cost:** £73/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0550-3967-3121-2429-9191)

## Description

An amazing opportunity to be the lucky tenant to move into this beautiful apartment at the Riverside development!

The property will also come as part furnished as the owner has also as part of the purchase included a furniture pack.

This wonderful home also includes a range of fitted white goods which includes a washer/dryer, dishwasher, oven/hob and extractor and a fridge freezer.

With good sized accomodation comprising a double bedroom with fitted wardrobe, contemporary bathroom, lounge and kitchen.

You will also appreciate the large balcony and alocated parking space.

An immediate inspection is highly recommended to reserve this home before it goes. Council Tax Band: B Holding Deposit: £254.00

## Property Photos

- ![Photo](/listings/photos/171441200/401283)
- ![Photo](/listings/photos/171441200/401284)
- ![Photo](/listings/photos/171441200/401285)
- ![Photo](/listings/photos/171441200/401286)
- ![Photo](/listings/photos/171441200/401287)
- ![Photo](/listings/photos/171441200/401288)
- ![Photo](/listings/photos/171441200/401289)

## Floorplans

- ![Floorplan 1](/listings/photos/171441200/401291) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/171441200/401294) - EPC 1

## Rental Range

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

- **Low:** £1,119/mo
- **Realistic:** £1,243/mo
- **Optimistic:** £1,367/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £793/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, Ashford, TN24 | £850/mo | 1 | 0.42 miles | OpenRent |
| 1 Bed Flat, Middle Row, TN24 | £800/mo | 1 | 0.47 miles | OpenRent |
| 1 Bed Flat, Middle Row, TN24 | £850/mo | 1 | 0.47 miles | OpenRent |
| Studio Flat, Providence Street, TN23 | £825/mo | 1 | 0.66 miles | OpenRent |
| 1 Bed End Terrace, Milbrook Meadow, TN23 | £1,000/mo | 1 | 0.66 miles | OpenRent |
| Studio Flat, Lakemead, TN23 | £800/mo | 1 | 0.76 miles | OpenRent |
| 1 Bed End Terrace, Hawks Way, TN23 | £1,100/mo | 1 | 1.06 miles | OpenRent |
| 1 Bed Terraced House, Hawks Way, TN23 | £1,100/mo | 1 | 1.06 miles | OpenRent |

**Average rent: £916/mo (8 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £850/mo).*

- **Gross yield:** 910.7%
- **Monthly cashflow:** £736/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2717.7%

*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).*

## Price per Square Metre

- **£/m²:** £21/m²

## 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)