# 2 bedroom semi-detached house for rent (ST16 3UN)

## Property Details

| Key | Value |
|-----|-------|
| Address | 37 GRISSOM CLOSE, STAFFORD, STAFFORDSHIRE ST16 3UN |
| Price | £495 pcm |
| Bedrooms | 2 |
| Last sold | £115,000 Jun 2013 |

## Description

The property comprises hallway, fully fitted modern kitchen with fridge/freezer and washing machine spaces, large living/dining room with access to the garden via patio doors.

Upstairs there is a main double bedroom with a small wardrobe, second double bedroom.

Modernised Bathroom with shower over bath, basin & wc.

There is off road parking for 3 vehicles at the front of the property.

## Property Photos

- ![Photo](/listings/photos/18855440/1145769)

## Rental Range

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

- **Low:** £802/mo
- **Realistic:** £891/mo
- **Optimistic:** £980/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £623/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 |
|------|------|------|------|------|
| 2 Bed Terraced House, Tithe Barn Road, ST16 | £1,000/mo | 2 | 0.32 miles | OpenRent |
| 2 Bed Semi-Detached House, Charnley Road, ST16 | £945/mo | 2 | 0.49 miles | OpenRent |
| 2 Bed Terraced House, Peel Terrace, ST16 | £865/mo | 2 | 0.7 miles | OpenRent |
| 2 Bed Terraced House, County Road, ST16 | £765/mo | 2 | 0.89 miles | OpenRent |
| 2 Bed Terraced House, Orchard Street, ST17 | £925/mo | 2 | 1.09 miles | OpenRent |
| 2 Bed Flat, Victoria Road, ST16 | £995/mo | 2 | 1.16 miles | OpenRent |

**Average rent: £916/mo (6 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £935/mo).*

- **Gross yield:** 2266.7%
- **Monthly cashflow:** £815/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6809.2%

*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)