# Studio flat for rent (ME15 8XJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 13 MURRAIN DRIVE, MAIDSTONE, DOWNSWOOD, KENT ME15 8XJ |
| Price | £800 pcm |
| Last sold | £215,000 Feb 2026 |

## Description

**Description**

Studio apartment available in a sought after location, available now. The apartment has been fully refurbished, with modern decor, throughout and comprises entrance hall, generous living accommodation with storage cupboard, a modern fitted kitchen with oven/hob, washing machine and a dressing room leading to a fitted bathroom with shower over bath.

The property also benefits from one allocated parking space and electric heating.

Holding Deposit: £184.61

Security Deposit: £923.07

Downswood is located to the East of Maidstone and within walking distance to Mote Park. There are amenities close by, with a community centre holding various activities. There are excellent bus links to the town and junction 7 of the M20 motorway is just 3 miles. Maidstone also offers links to London via Maidstone East & West Rail Stations.

Available Now.  

**Location**

Downswood is located to the East of Maidstone and within walking distance to Mote Park. There are amenities close by, with a community centre holding various activities. There are excellent bus links to the town and junction 7 of the M20 motorway is just 3 miles. Maidstone also offers links to London via Maidstone East & West Rail Stations.

## Property Photos

- ![Photo 7](/listings/photos/173395667/327802) - Photo 7
- ![Photo 2](/listings/photos/173395667/327803) - Photo 2
- ![Photo 5](/listings/photos/173395667/327804) - Photo 5
- ![Photo 4](/listings/photos/173395667/327805) - Photo 4
- ![Photo 6](/listings/photos/173395667/327806) - Photo 6

## Floorplans

- ![Floor Plans](/listings/photos/173395667/327807) - Floor Plans

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #12304696
- **Address:** 13 Murrain Drive, Downswood, ME15 8XJ
- **Certificate Issued:** 17/04/2017
- **Work Completed:** 27/03/2017
- **Items:** 1 window(s), 1 door(s)

### FENSA Certificate #13483391
- **Address:** 13 Murrain Drive, Downswood, ME15 8XJ
- **Certificate Issued:** 09/04/2019
- **Work Completed:** 12/03/2019
- **Items:** 3 window(s), 1 door(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 13 MURRAIN DRIVE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XJ | £215,000 | 12/02/2026 | Semi-detached |
| 13 MURRAIN DRIVE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XJ | £210,000 | 19/05/2023 | Semi-detached |
| 13 MURRAIN DRIVE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XJ | £160,000 | 10/11/2016 | Semi-detached |
| 13 MURRAIN DRIVE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XJ | £49,995 | 29/10/1999 | Semi-detached |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 GORHAM DRIVE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8UU | £160,000 | 28/06/2023 | Flat |
| 17 CHILTERN CLOSE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XG | £117,500 | 28/04/2023 | Flat |
| 13 CHILTERN CLOSE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XG | £120,000 | 28/04/2023 | Flat |
| 7 ELLENSWOOD CLOSE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8SG | £120,000 | 31/10/2022 | Flat |
| [Same street] 36 MURRAIN DRIVE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XJ | £355,000 | 26/08/2022 | Semi-detached |
| [Same street] 16 MURRAIN DRIVE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XJ | £350,000 | 19/08/2022 | Semi-detached |
| THE SPIRES FLAT 2 DERINGWOOD PARADE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XW | £114,000 | 29/07/2022 | Flat |
| [Same street] 18 MURRAIN DRIVE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XJ | £360,000 | 30/05/2022 | Semi-detached |
| [Same street] 48 MURRAIN DRIVE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XJ | £168,000 | 27/05/2022 | Flat |
| 18 CHILTERN CLOSE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XG | £115,000 | 01/04/2022 | Flat |
| 43 MURRAIN DRIVE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XN | £180,000 | 17/12/2021 | Flat |
| 29 COTSWOLD GARDENS, DOWNSWOOD, MAIDSTONE, KENT, ME15 8TB | £190,000 | 12/11/2021 | Flat |
| 17 CHILTERN CLOSE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XG | £115,000 | 27/07/2021 | Flat |
| 16 CHILTERN CLOSE, DOWNSWOOD, MAIDSTONE, KENT, ME15 8XG | £141,000 | 30/06/2021 | Flat |

**Street average:** £308,250 (4 sales)
**Area average:** £137,250 (10 sales)

## Price vs local average

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

- **Local average:** £209,181 (18 Flat, ME15, 2024–2026)
- **Deviation:** -99.6%

## Rental Range

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

- **Low:** £1,157/mo
- **Realistic:** £1,286/mo
- **Optimistic:** £1,415/mo

## LHA (Local Housing Allowance)

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

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| Studio Flat, Longham Copse, ME15 | £995/mo | 1 | 0.39 miles | OpenRent |
| Studio Flat, Longham Copse, ME15 | £995/mo | 1 | 0.4 miles | OpenRent |
| 2 Bed Flat, Miller Height, ME15 | £950/mo | 2 | 1.08 miles | OpenRent |

**Average rent: £980/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 124.38% (strong)
- **Max investor price (0.8%):** £124,375
- **Target investor price (1%):** £99,500

*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 £995/mo).*

- **Gross yield:** 1492.5%
- **Cost-to-rent:** 0.1×
- **Monthly cashflow:** £867/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4486.3%

*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).*

## Capital growth trend

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

- **5y growth:** 12.8%
- **10y growth:** 26%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -2.3%
- **5y growth (index):** 7.1%
- **10y growth (index):** 15.2%

## 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)