# 2 bedroom flat for rent (CT6 5EB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 126A, MORTIMER STREET, HERNE BAY, HERNE BAY, KENT CT6 5EB |
| Price | £600 pcm |
| Bedrooms | 2 |
| Last sold | £96,500 Oct 1996 |

## Description

Large duplex 2 dbl bedroomed flat in heart of Town with roof terrace. Kitchen/diner, Bathroom/shower, separate W.C. and Large sitting room. Newly re-decorated.

## Property Photos

- ![Photo](/listings/photos/17120059/498645)

## Rental Range

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

- **Low:** £1,141/mo
- **Realistic:** £1,268/mo
- **Optimistic:** £1,395/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Colchester (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 |
|------|------|------|------|------|
| 2 Bed Terraced House, Charles Street, CT6 | £1,500/mo | 2 | 0.04 miles | OpenRent |
| 2 Bed Flat, Leighdom House, CT6 | £1,000/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, Sunny Mead Court, CT6 | £1,100/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, Hernbay, CT6 | £890/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Herne Bay, CT6 | £1,200/mo | 2 | 0.35 miles | OpenRent |
| 2 Bed Flat, Clarence St, CT6 | £780/mo | 2 | 0.41 miles | OpenRent |

**Average rent: £1,078/mo (6 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,050/mo).*

- **Gross yield:** 2100%
- **Monthly cashflow:** £918/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6328.5%

*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)