# 3 bedroom end of terrace house for rent (LE16 7EF) ## Property Details | Key | Value | |-----|-------| | Address | Stafford Way, Market Harborough, LE16 7EF | | Price | £1,500 pcm | | Bedrooms | 3 | | Bathrooms | 3 | | Council tax | D | | Last sold | £295,000 | ## Description ***DEPOSIT ALTERNATIVE AVAILABLE*** A beautifully presented newly built end of terrace property offering spacious and modern accommodation across three floors. The ground floor comprises an entrance hall, a bright lounge, a downstairs WC with utility space, and a modern fitted kitchen including a fridge-freezer and dishwasher. Doors lead out to a well-maintained rear garden with patio area and storage shed. To the first floor are two double bedrooms, both with built-in wardrobes, and a family bathroom with a modern suite. The top floor features a generous master bedroom with built-in wardrobes and an ensuite shower room. Further benefits include off-road parking for two cars, EPC B. Council Tax D. Unfurnished. Rent £1,500pcm. Deposit £1,730. Available immediately on a fixed term six month contract with the option to renew. **Important Information About Tenancy Costs** - A holding deposit equivalent to ONE WEEKS RENT is required to secure your interest in the property, until all checks have been completed. Upon successful referencing contracts will proceed and move in details arranged, the holding deposit will be transferred to your account with Sheldon Bosley Knight and held towards the initial first month’s rent unless otherwise agreed. In case of the following conditions, the holding deposit will be retained, in full to cover company costs incurred: • False, inaccurate, missing, or misleading information is supplied by you • Failure by the applicants, or their referees, guarantors (or other third parties supplied by you and relating to your application) to complete the process and sign any Tenancy agreement within 14 days from the date of application (You must ensure that you advise all contacts beforehand that they will be contacted). Should we need to extend this deadline, we will email you to confirm and, in any event, when we inform you that references are complete, the deadline for contract signing will extend by one week (i.e. total 21 days from payment of the holding deposit). • No legal authority to rent (Failing Right to Rent Checks) • You and/or any of your co-applicants decide to withdraw from the process after this application is submitted to us. **Online Viewings** - Please be advised that due to high demand, all applicants are required to attend an in-person viewing of the property before submitting an application. Online viewings are for visual reference only and do not serve as a substitute for an in-person viewing. **Deposit Alternative Option** - Instead of a traditional deposit, you will be required to pay a one-time check-in fee to Flatfair Ltd, equivalent to 28% of the rent plus VAT. This alternative significantly reduces your upfront moving costs. ## Property Photos - ![Photo](/listings/photos/171037052/635141) - ![Photo](/listings/photos/171037052/635147) - ![Photo](/listings/photos/171037052/635155) - ![Photo](/listings/photos/171037052/635174) - ![Photo](/listings/photos/171037052/635183) - ![Photo](/listings/photos/171037052/635184) - ![Photo](/listings/photos/171037052/635185) - ![Photo](/listings/photos/171037052/635186) - ![Photo](/listings/photos/171037052/635188) - ![Photo](/listings/photos/171037052/635191) - ![Photo](/listings/photos/171037052/635197) - ![Photo](/listings/photos/171037052/635199) - ![Photo](/listings/photos/171037052/635202) - ![Photo](/listings/photos/171037052/635210) - ![Photo](/listings/photos/171037052/635222) - ![Photo](/listings/photos/171037052/635230) - ![Photo](/listings/photos/171037052/635234) - ![Photo](/listings/photos/171037052/635237) - ![Photo](/listings/photos/171037052/635240) - ![Photo](/listings/photos/171037052/635245) - ![Photo](/listings/photos/171037052/635247) - ![Photo](/listings/photos/171037052/635250) - ![Photo](/listings/photos/171037052/635254) ## EPC Graphs - ![EE Rating](/listings/photos/171037052/635259) - EE Rating ## Rental Range *ONS Price Index of Private Rents (Harborough). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £865/mo - **Realistic:** £961/mo - **Optimistic:** £1,057/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Leicester (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 | |------|------|------|------|------| | 3 Bed Semi-Detached House, Stafford Way, LE16 | £2,000/mo | 3 | 0 miles | OpenRent | | 3 Bed Semi-Detached House, Airfield Road, LE16 | £600/mo | 3 | 0.21 miles | OpenRent | **Average rent: £1,300/mo (2 listings)** ## Rent-driven metrics *Based on OpenRent comparables (median £1,300/mo).* - **Gross yield:** 1040% - **Monthly cashflow:** £1,139/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3142.3% *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)