# 3 bedroom house for rent (PE2 9PQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 24 EARL SPENCER COURT, PETERBOROUGH, CITY OF PETERBOROUGH PE2 9PQ |
| Price | £575 pcm |
| Bedrooms | 3 |
| Last sold | £36,000 Dec 1999 |

## Description

This well presented 3 bed property located in popular area and is currently being redecorated and having new carpets throughout. The property consists of entrance hall leading to fitted kitchen with electric cooker. There is a large lounge/diner with back porch and large storage room with door leading to small court yard garden. The upstairs of the property comprises of 1 double bedroom and 2 single bedrooms, there is a family bathroom with shower over bath again with new tiles floor to ceiling and flooring. The property also benefits from a garage for parking & sits at the end of a quiet well maintained cul-de-sac.  FEES APPLY Referencing and set up fee is £150 (inc) single applicant or £240 (inc) for double applicant. additional fees may apply please request tenants Guidance notes.

## Property Photos

- ![Photo](/listings/photos/40942498/282846)
- ![Photo](/listings/photos/40942498/282848)
- ![Photo](/listings/photos/40942498/282850)
- ![Photo](/listings/photos/40942498/282852)

## Rental Range

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

- **Low:** £880/mo
- **Realistic:** £978/mo
- **Optimistic:** £1,076/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £673/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 Terraced House, Earl Spencer Court, PE2 | £1,150/mo | 3 | 0.03 miles | OpenRent |
| 3 Bed Terraced House, Orchard St, PE2 | £1,100/mo | 3 | 0.24 miles | OpenRent |
| 3 Bed Terraced House, Belsize Avenue, PE2 | £1,150/mo | 3 | 0.39 miles | OpenRent |
| 3 Bed Semi-Detached House, Hawksbill Way, PE2 | £550/mo | 3 | 0.59 miles | OpenRent |

**Average rent: £988/mo (4 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,125/mo).*

- **Gross yield:** 2347.8%
- **Monthly cashflow:** £985/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7090.2%

*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)