Sold STC Detached

26 MERLIN DRIVE

ELY, CAMBRIDGESHIRE CB6 3EE

4 beds 1,173 sq ft Listed 3 Feb 2014 (-4515d)

£279,950

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# 4 bedroom detached house for sale (CB6 3EE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 26 MERLIN DRIVE, ELY, CAMBRIDGESHIRE CB6 3EE |
| Price | £279,950 |
| Bedrooms | 4 |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 109 m² |
| Last sold | £277,000 Jul 2014 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 06/02/2024 — **EXPIRED** (no longer valid for marketing or letting)
- **Current heating cost:** £704/year
- **Est. upgrade cost to C:** £23,625

### Recommendations
- B (£500 - £1,500)
- W (£800 - £1,200)
- E (£25)
- I (£2,200 - £3,000)
- N (£4,000 - £6,000)
- X (£2,500)
- U (£9,000 - £14,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0616-2893-7127-9404-3491)

## Description

**ELY** **** is an historic City, which is well known for its fine Cathedral. It is situated on the edge of the River Ouse about 15 miles north of Cambridge. There are comprehensive shopping facilities in the City, good rail links to London and the Midlands and schools catering for all age groups.

**GROUND** **FLOOR** ****

Entrance Hall Entrance door with double glazed inset. Wood effect flooring and panelled door with glazed insets through to:

Living Room 4.86m x 5.26m (to chimney breast recess) (15'11" x 17'3") with double glazed window to front. Attractive living flame gas fire, inset halogen downlighters to ceiling and laminate wood flooring. Staircase rising to first floor and radiator.

Kitchen/Dining Room 4.86m x 3.1m (15'11" x 10'2") with double glazed window and double glazed double French doors to rear garden. Comprehensively fitted with a matching range of white fronted wall and base units with drawers, wood effect roll edge work surfaces with tiled splashbacks and inset stainless steel single drainer sink unit with mixer tap. Recess for Range style cooker with stainless steel splashback panel and matching extractor hood over. Useful built-in country style cupboard with shelving. Plumbing and space for dishwasher and wood effect flooring. Door to:

Utility Room 3.09m x 2.16m (10'2" x 7'1") with double glazed window and door to rear garden and personal door to garage. With a matching range of wall and base units with wood effect roll edge work surfaces. Plumbing and space for automatic washing machine and dishwasher. Ceramic tiled floor and door with glazed insets to:

Cloakroom Contemporary suite in white comprising vanity unit with inset wash hand basin having mixer tap and close coupled WC with concealed flush unit. Tiled surround to dado height, ceramic tiled floor, LED downlighters to ceiling and extractor fan. Wall mounted towel rail/radiator in a chrome finish.

**FIRST** **FLOOR** ****

Landing with hatch to roof space with fitted loft ladder. Built-in airing cupboard with radiator and linen shelves. 4 panelled wooden doors to all rooms.

Bedroom One 4.66m x 3.39m (15'4" x 11'1") with double glazed window to front. Wood effect flooring and archway to:

Delightful En-Suite Bathroom with double glazed window to rear. Wonderful contemporary suite comprising bath with marble effect and tumbled marble tiles with a fitted chrome finish shower unit with central overhead drencher. Vanity stand with inset wash hand basin having tumbled effect marble effect splashbacks and mixer tap. Sliding panelled door leading to a separate WC with close coupled WC and matching flooring. Wall mounted chrome finish towel rail/radiator and halogen downlighters to ceiling.

Bedroom Two 3.77m x 2.95m (12'5" x 9'8") with double glazed window to front. Built-in double wardrobe, wood effect flooring and radiators

Bedroom Three 2.93m x 2.83m (9'7" x 9'4") with double glazed window to rear. Wood effect flooring and radiator.

Bedroom Four 2.08m (plus door recess) x 1.82m (6'10" x 6') with double glazed window to front. Built-in over stairs cupboard with hanging rail and shelf. Radiator.

Family Bathroom with double glazed window to rear. White suite comprising panel enclosed bath with fully tiled surround and shower unit over, close coupled WC and pedestal wash hand basin with mixer tap, both with tiled splashbacks. Parquet effect laminate flooring and towel rail/radiator.

Exterior, the property is set back from the road behind a frontage which consists of a block paved driveway in a herringbone style pattern providing hard standing for 3 vehicles. The rear garden is a particular feature consisting of a pergola covered timber decked terrace from the house with climbers such as Jasmine and Honeysuckle. The remaining garden is predominantly laid to lawn with a variety shrubs, perennials and 2 evergreen trees and there is also a further paved patio. There is a brick built store/shed.

Garage 5.17m x 3.23m (17' x 10'7") with a range of fitted shelving and electric up and over door to front, power and light.

Agents Note

Please note that we have placed the for sale board slightly to the right of the property as you face it on a lawned area which in fact belongs to the neighbouring property.

Services	All main services are connected

**** **** Tenure	The property is freehold

**** **** Council Tax Band D

Viewing	By Arrangement with Pocock & Shaw

**** **** 01353 668091

**** **** ely@pocock.co.uk

**** **** www.pocock.co.uk

**** **** Ref	 GVD/4749

## Property Photos

- ![Photo](/listings/photos/44733968/185189)
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## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 26 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE | £277,000 | 24/07/2014 | Terraced |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 RAVENS COURT, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3ED | £420,000 | 27/03/2025 | Detached |
| [Same street] 38 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE | £385,000 | 08/11/2023 | Semi-detached |
| [Same street] 49 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE | £475,000 | 01/11/2023 | Semi-detached |
| [Same street] 32 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE | £335,000 | 30/08/2023 | Semi-detached |
| 71 DOWNHAM ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1BB | £520,000 | 08/06/2023 | Detached |
| [Same street] 17 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE | £340,000 | 28/03/2023 | Detached |
| 90 DUNSTAN STREET, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3AQ | £470,000 | 24/03/2023 | Detached |
| [Same street] 28 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE | £405,750 | 17/03/2023 | Terraced |
| 18 ALTHORPE COURT, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3DH | £345,000 | 05/12/2022 | Detached |
| 234 COLUMBINE ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3WP | £375,000 | 04/10/2022 | Detached |
| 34 ST ANDREWS WAY, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3DZ | £407,000 | 26/09/2022 | Detached |
| 11 BERNARD STREET, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1AU | £335,000 | 02/09/2022 | Detached |
| 10 CHIEFS STREET, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1AR | £345,000 | 26/08/2022 | Detached |
| 91 DOWNHAM ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3DY | £677,000 | 07/07/2022 | Detached |
| 34 DOWNHAM ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1BL | £800,000 | 16/03/2022 | Detached |
| 89 DOWNHAM ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3DY | £880,000 | 12/01/2022 | Detached |
| 162 WEST FEN ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3AD | £345,000 | 22/12/2021 | Detached |
| [Same street] 44 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE | £420,000 | 10/12/2021 | Detached |
| [Same street] 25 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE | £330,000 | 12/11/2021 | Detached |
| 108 COLUMBINE ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3WN | £530,000 | 24/09/2021 | Detached |
| 31 UPHERDS LANE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1BA | £481,375 | 30/06/2021 | Detached |
| 51 WEST FEN ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1AN | £600,000 | 30/06/2021 | Detached |
| [Same street] 51 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE | £431,111 | 28/06/2021 | Detached |
| 59 DOWNHAM ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1BB | £775,000 | 21/06/2021 | Detached |

**Street average:** £390,233 (8 sales)
**Area average:** £519,086 (16 sales)

## Price vs local average

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

- **Local average:** £456,840 (49 Detached, CB6, 2024–2026)
- **Deviation:** -38.7%

## Rental Range

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

- **Low:** £916/mo
- **Realistic:** £1,018/mo
- **Optimistic:** £1,120/mo

## 1% Rule

- **Rent ratio:** 0.36% (weak for cashflow)
- **Max investor price (0.8%):** £127,250
- **Target investor price (1%):** £101,800

*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 Area rent estimate.*

## Price per Square Metre

- **£/m²:** £2,568/m²

## Capital growth trend

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

- **5y growth:** 30%
- **10y growth:** 51.6%

## House Price Index (HM Land Registry)

*Official index for East Cambridgeshire; Detached series; as of March 2026.*

- **1y growth (index):** 0.4%
- **5y growth (index):** 17.9%
- **10y growth (index):** 34.3%

## 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)

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Property details

Floor area

109 m²

EPC rating

Year built

England and Wales: 1967-1975

Last sold

£277,000 Jul 2014

Price per m²

£2,568/m²

Local average

£456,840 (-38.7%)

Deprivation

Decile 10 (30,855 of 33,755)

Street crime

116 incidents within 1 mile (Apr 2026)

Key features

Entrance Hall
Cloakroom
Living Room
Kitchen/Dining Room and Utility Room
Master Bedroom with En-Suite Bathroom
3 Further Bedrooms
Family Bathroom
Gas Central Heating and Double Glazing
Rear Garden
Garage and Off Road Parking for 3 Vehicles

Additional details

Parking: Yes
Garden: Yes

Description

ELY ** is an historic City, which is well known for its fine Cathedral. It is situated on the edge of the River Ouse about 15 miles north of Cambridge. There are comprehensive shopping facilities in the City, good rail links to London and the Midlands and schools catering for all age groups.

GROUND FLOOR
Entrance Hall Entrance door with double glazed inset. Wood effect flooring and panelled door with glazed insets through to:

Living Room 4.86m x 5.26m (to chimney breast recess) (15'11" x 17'3") with double glazed window to front. Attractive living flame gas fire, inset halogen downlighters to ceiling and laminate wood flooring. Staircase rising to first floor and radiator.

Kitchen/Dining Room 4.86m x 3.1m (15'11" x 10'2") with double glazed window and double glazed double French doors to rear garden. Comprehensively fitted with a matching range of white fronted wall and base units with drawers, wood effect roll edge work surfaces with tiled splashbacks and inset stainless steel single drainer sink unit with mixer tap. Recess for Range style cooker with stainless steel splashback panel and matching extractor hood over. Useful built-in country style cupboard with shelving. Plumbing and space for dishwasher and wood effect flooring. Door to:

Utility Room 3.09m x 2.16m (10'2" x 7'1") with double glazed window and door to rear garden and personal door to garage. With a matching range of wall and base units with wood effect roll edge work surfaces. Plumbing and space for automatic washing machine and dishwasher. Ceramic tiled floor and door with glazed insets to:

Cloakroom Contemporary suite in white comprising vanity unit with inset wash hand basin having mixer tap and close coupled WC with concealed flush unit. Tiled surround to dado height, ceramic tiled floor, LED downlighters to ceiling and extractor fan. Wall mounted towel rail/radiator in a chrome finish.

FIRST FLOOR
Landing with hatch to roof space with fitted loft ladder. Built-in airing cupboard with radiator and linen shelves. 4 panelled wooden doors to all rooms.

Bedroom One 4.66m x 3.39m (15'4" x 11'1") with double glazed window to front. Wood effect flooring and archway to:

Delightful En-Suite Bathroom with double glazed window to rear. Wonderful contemporary suite comprising bath with marble effect and tumbled marble tiles with a fitted chrome finish shower unit with central overhead drencher. Vanity stand with inset wash hand basin having tumbled effect marble effect splashbacks and mixer tap. Sliding panelled door leading to a separate WC with close coupled WC and matching flooring. Wall mounted chrome finish towel rail/radiator and halogen downlighters to ceiling.

Bedroom Two 3.77m x 2.95m (12'5" x 9'8") with double glazed window to front. Built-in double wardrobe, wood effect flooring and radiators

Bedroom Three 2.93m x 2.83m (9'7" x 9'4") with double glazed window to rear. Wood effect flooring and radiator.

Bedroom Four 2.08m (plus door recess) x 1.82m (6'10" x 6') with double glazed window to front. Built-in over stairs cupboard with hanging rail and shelf. Radiator.

Family Bathroom with double glazed window to rear. White suite comprising panel enclosed bath with fully tiled surround and shower unit over, close coupled WC and pedestal wash hand basin with mixer tap, both with tiled splashbacks. Parquet effect laminate flooring and towel rail/radiator.

Exterior, the property is set back from the road behind a frontage which consists of a block paved driveway in a herringbone style pattern providing hard standing for 3 vehicles. The rear garden is a particular feature consisting of a pergola covered timber decked terrace from the house with climbers such as Jasmine and Honeysuckle. The remaining garden is predominantly laid to lawn with a variety shrubs, perennials and 2 evergreen trees and there is also a further paved patio. There is a brick built store/shed.

Garage 5.17m x 3.23m (17' x 10'7") with a range of fitted shelving and electric up and over door to front, power and light.

Agents Note
Please note that we have placed the for sale board slightly to the right of the property as you face it on a lawned area which in fact belongs to the neighbouring property.

Services All main services are connected

Tenure The property is freehold

Council Tax Band D

Viewing By Arrangement with Pocock & Shaw

01353 668091

ely@pocock.co.uk

www.pocock.co.uk

** Ref GVD/4749

Listed by

Ely

Pocock & Shaw

Reference: 44733968

EPC Rating & Upgrade Cost

This certificate expired on 06/02/2024. A new EPC may be required before the property can be marketed or let.

Current rating: D

Potential rating: B

Inspection date: 07/02/2014

Expiry date: 06/02/2024 (expired)

Current heating cost: £704/year

Potential heating cost: £459/year

Est. upgrade cost to C: £23,625

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Cavity wall insulation (£500 - £1,500)
Floor insulation (£800 - £1,200)
Low energy lighting for all fixed outlets (£25)
Replace boiler with new condensing boiler (£2,200 - £3,000)
Solar water heating (£4,000 - £6,000)
High performance external doors (£2,500)
Solar photovoltaic panels, 2.5 kWp (£9,000 - £14,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Sold	24/07/2014 (11 years ago)	£277,000	—

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
2 RAVENS COURT, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3ED	£420,000	27/03/2025	Detached
Same street 38 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE	£385,000	08/11/2023	Semi-detached
Same street 49 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE	£475,000	01/11/2023	Semi-detached
Same street 32 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE	£335,000	30/08/2023	Semi-detached
71 DOWNHAM ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1BB	£520,000	08/06/2023	Detached
Same street 17 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE	£340,000	28/03/2023	Detached
90 DUNSTAN STREET, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3AQ	£470,000	24/03/2023	Detached
Same street 28 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE	£405,750	17/03/2023	Terraced
18 ALTHORPE COURT, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3DH	£345,000	05/12/2022	Detached
234 COLUMBINE ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3WP	£375,000	04/10/2022	Detached
34 ST ANDREWS WAY, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3DZ	£407,000	26/09/2022	Detached
11 BERNARD STREET, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1AU	£335,000	02/09/2022	Detached
10 CHIEFS STREET, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1AR	£345,000	26/08/2022	Detached
91 DOWNHAM ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3DY	£677,000	07/07/2022	Detached
34 DOWNHAM ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1BL	£800,000	16/03/2022	Detached
89 DOWNHAM ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3DY	£880,000	12/01/2022	Detached
162 WEST FEN ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3AD	£345,000	22/12/2021	Detached
Same street 44 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE	£420,000	10/12/2021	Detached
Same street 25 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE	£330,000	12/11/2021	Detached
108 COLUMBINE ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3WN	£530,000	24/09/2021	Detached
31 UPHERDS LANE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1BA	£481,375	30/06/2021	Detached
51 WEST FEN ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1AN	£600,000	30/06/2021	Detached
Same street 51 MERLIN DRIVE, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 3EE	£431,111	28/06/2021	Detached
59 DOWNHAM ROAD, ELY, EAST CAMBRIDGESHIRE, CAMBRIDGESHIRE, CB6 1BB	£775,000	21/06/2021	Detached

Street average: £390,233 (8 sales)

Area average: £519,086 (16 sales)

Capital growth trend

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

5y growth 30%

10y growth 51.6%

House Price Index (HM Land Registry — official index, not sold-price averages): East Cambridgeshire. Series: Detached. As of March 2026.

1y (index) 0.4%

5y (index) 17.9%

10y (index) 34.3%

Rental Range

Estimated market rent for East Cambridgeshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £916/mo

Realistic £1,018/mo

Optimistic £1,120/mo

Based on Local Authority from postcode lookup → East Cambridgeshire.

Location

Map view View on Google Maps View on OpenStreetMap Street View CB6 3EE

Nearby

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

Type	Name	Distance
Bus stop	Wrens Close	0.0 miles
Shop	Rowley Fine Art	0.3 miles
Shop	One Stop	0.3 miles
Train station	Ely	1.0 miles
Hospital	Princess of Wales Hospital	1.1 miles
University	Cambridge University Boathouse	1.4 miles
Train station	Littleport	4.8 miles
Hospital	Doddington Community Hospital	10.7 miles

Street-level crime

Category	Count
Violence and sexual offences	32
Anti-social behaviour	21
Shoplifting	16
Criminal damage and arson	14
Burglary	9
Drugs	6
Other crime	5
Public order	4
Vehicle crime	3
Bicycle theft	2
Other theft	2
Possession of weapons	1
Theft from the person	1
Total incidents	116

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
Active Learning Trust Linc 19 - 25	Other	0.2 miles	— (No rating)
Highfield Ely Academy	Other	0.2 miles	Good — 7 Nov 2014
Ely College	Secondary	0.3 miles	Good — 8 Jul 2019
Lantern Community Primary School	Primary	0.4 miles	Good — 23 Jul 2014
King's Ely	Other	0.5 miles	— (No rating)

Rental Comparables

Rental listings exist nearby, but none matched the 4-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.36%

Max investor price (0.8%) £127,250

Target investor price (1%) £101,800

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).