# 3 bedroom terraced house for rent (DN32 9EF)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2 LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE DN32 9EF |
| Price | £550 pcm |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Last sold | £47,000 Sep 2016 |

## Description

Affitto Estate Agents are proud to bring to the market this well presented THREE bedroom home which is a short walk to the centre of Grimsby with local amenities & all bus routes.

Downstairs there is a large living/dining room, and kitchen and a WC.

The living room is bright and fresh and is located at the front of the property and benefits from having a large window giving this room plenty of natural light, which goes straight through to the dining room.

The kitchen has a modern feel and incorporates base and wall units as well as a cooker and hob, This room also provides access to the low-maintenance garden which also has a patio area.

The bathroom is upstairs and is of a good size and incorporates a full-size bathtub, sink, and toilet.

Upstairs there are 3 bedrooms, two are double and one is a single.

***CONTACT US TODAY TO VIEW***

Holding Deposit: £126.92

## Property Photos

- ![Photo](/listings/photos/157574801/740340)
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## EPC Graphs

- ![EPC](/listings/photos/157574801/740352) - EPC

## Rental Range

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

- **Low:** £556/mo
- **Realistic:** £618/mo
- **Optimistic:** £680/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £520/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, Eleanor St, DN32 | £715/mo | 3 | 0.17 miles | OpenRent |
| 3 Bed Terraced House, Fairmont Road, DN32 | £800/mo | 3 | 0.29 miles | OpenRent |

**Average rent: £758/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £758/mo).*

- **Gross yield:** 1653.8%
- **Monthly cashflow:** £655/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4928.2%

*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)