# 3 bedroom semi-detached house for rent (PE12 7RU)

## Property Details

| Key | Value |
|-----|-------|
| Address | Tony Worth Close, Northons Lane, Holbeach, Lincolnshire, PE12, PE12 7RU |
| Price | £995 pcm |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Council tax | TBC |
| Last sold | £209,950 |

## Description

We are pleased to present this modern semi-detached property, located on a small development on Northons Lane, Holbeach. The accommodation briefly comprises; Entrance Hallway, Cloakroom and an open plan Lounge with doors to a large spacious Garden and Kitchen with inbuilt AEG cooker, integrated fridge freezer, dishwasher and a freestanding washing machine. Upstairs there are three bedrooms with an en-suite and a family bathroom. Outside, the property is situated on an excellent sized plot with two parking spaces. EPC Rating B. Council Tax Band B. Available Mid-April. Deposit £1145.00. 

The Landlord is willing to consider one pet on an individual basis for an additional £25.00 pcm (total rent with one pet - £1020.00)

Holding Deposit (per tenancy) £229.61

One week's rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing)

Accessing applicant(s) rent affordability:

All applicants are assessed on their outgoing credit commitments and basic expenditures relevant to renting a home. These findings are then be compared to the applicants monthly income to determine if the rent is affordable to the applicant(s). HomeLet presents this figure to the agent/landlord on the final report, which will give an understanding of the maximum rent that the applicant is able to afford based on the applicants declared monthly income. All applicants must be fully referenced by HomeLet

Affordability Example

20% of total monthly income taken for expenses (as per HomeLet's process) minus outgoings = total rent affordability

Monthly income is £2200

20% of that is £440.00

Minus applicants monthly outgoings £800

Applicants Maximum Rent share available is £960 – (this is an example only and doesn't represent any figures for this specific property)

For further information on the process, please speak to a member of the rental team.

## Property Photos

- ![Picture No. 11](/listings/photos/162024008/428270) - Picture No. 11
- ![Picture No. 12](/listings/photos/162024008/428271) - Picture No. 12
- ![Picture No. 13](/listings/photos/162024008/428272) - Picture No. 13
- ![Picture No. 14](/listings/photos/162024008/428273) - Picture No. 14
- ![Picture No. 15](/listings/photos/162024008/428274) - Picture No. 15
- ![Picture No. 16](/listings/photos/162024008/428275) - Picture No. 16
- ![Picture No. 17](/listings/photos/162024008/428276) - Picture No. 17
- ![Picture No. 18](/listings/photos/162024008/428277) - Picture No. 18
- ![Picture No. 19](/listings/photos/162024008/428278) - Picture No. 19
- ![Picture No. 20](/listings/photos/162024008/428279) - Picture No. 20
- ![Picture No. 21](/listings/photos/162024008/428280) - Picture No. 21
- ![Picture No. 22](/listings/photos/162024008/428281) - Picture No. 22
- ![Picture No. 01](/listings/photos/162024008/428282) - Picture No. 01

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/162024008/428283) - EPC Rating Graph

## Rental Range

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

- **Low:** £684/mo
- **Realistic:** £760/mo
- **Optimistic:** £836/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £733/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, Station Street, PE12 | £900/mo | 3 | 0.56 miles | OpenRent |
| 3 Bed Semi-Detached House, Dahlia Crescent, PE12 | £1,000/mo | 3 | 0.59 miles | OpenRent |
| 3 Bed Semi-Detached House, Farrow Avenue, PE12 | £950/mo | 3 | 0.68 miles | OpenRent |
| 3 Bed Terraced House, Orchard House, PE12 | £900/mo | 3 | 1.01 miles | OpenRent |
| 3 Bed Terraced House, Fleet Mews, PE12 | £850/mo | 3 | 1.04 miles | OpenRent |

**Average rent: £920/mo (5 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £900/mo).*

- **Gross yield:** 1085.4%
- **Monthly cashflow:** £781/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3248.3%

*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)