# 3 bedroom semi-detached house for rent (LN7 6NG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 1 RISEDALE, MARKET RASEN, CAISTOR, LINCOLNSHIRE LN7 6NG |
| Price | £875 pcm |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 86 m² |
| Last sold | £38,000 Jul 2002 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 17/11/2034
- **Current heating cost:** £744/year
- **Est. upgrade cost to C:** £14,500

### Recommendations
- W2 (£4,000 - £6,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9682-3930-8209-4354-0200)

## Description

Semi-Detached Three Bedroom House – Risedale, Caistor

A spacious semi-detached three bedroom house situated in Risedale, Caistor, benefiting from a large enclosed rear garden and useful outside storage.

The accommodation briefly comprises: Entrance hall, large kitchen/dining room providing ample space for family dining, lounge with dual aspect windows, three bedrooms and a family bathroom fitted with a shower over the bath.

Externally, the property enjoys a generous rear garden with patio seating area and lawn, together with a useful outside store.

Further benefits include gas central heating and double glazing.

The accommodation comprises:

Entrance Hall

Modern Fitted Kitchen

Utility room

Lounge with fireplace

Three Bedrooms (2 double, 1 single)

Modern Bathroom with Shower over the Bath

OUTSIDE

The property benefits from a front garden and a good-sized rear garden, with patio area providing space for outdoor seating and entertaining. There is also an outside store providing useful storage.

Situated in a quiet cul-de-sac, the property is conveniently placed for Caistor's local amenities, schools and within the catchment area for the highly regarded Caistor Grammar School,  while also being within easy reach of the surrounding Lincolnshire countryside the property is ideally suited to families.

COUNCIL TAX: 

The Council Tax is Band A

EPC Rating : C

Affordability Income: Joint Minimum of £27,750 PA

VIEWINGS:

Contact us in the first instance for an initial video viewing, then actual Viewings are STRICTLY BY APPOINTMENT WITH THE AGENTS.

Application Forms along with all relevant identification documents should be directed to Angela Powell Property Management.

References and a financial check will be required along with a non-refundable Holding Deposit which goes towards the rent. 

TENANCY:

The property is available, unfurnished, under an assured periodic tenancy under Part 1 of the Housing Act 1988 (as amended) and the Renters’ Rights Act 2025.

The rent is payable monthly in advance by standing order, with the Tenant paying all outgoings - Gas/Oil/Electric/Water & Sewerage/ Council Tax & TV Licence.

## Property Photos

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## Rental Range

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

- **Low:** £670/mo
- **Realistic:** £744/mo
- **Optimistic:** £818/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 |
|------|------|------|------|------|
| [Risedale, Caistor](http://87.117.209.195:8080/listings/359b7d8) | £875/mo | 3 | 0 miles | Rightmove |
| [Navigation Lane, Caistor, Market Rasen, LN7](http://87.117.209.195:8080/listings/cfd9651) | £1,100/mo | 3 | 0.23 miles | Rightmove |
| [Varlows Yard, Caistor, LN7](http://87.117.209.195:8080/listings/2520290) | £995/mo | 3 | 0.25 miles | Rightmove |
| [Mill Lane, Caistor, LN7](http://87.117.209.195:8080/listings/aee5f96) | £995/mo | 3 | 0.37 miles | Rightmove |
| [Mallard Drive, Caistor LN7 6SA](http://87.117.209.195:8080/listings/a30b602) | £850/mo | 3 | 0.48 miles | Rightmove |
| [North Kelsey Road, Caistor, Market Rasen](http://87.117.209.195:8080/listings/18cee55) | £1,400/mo | 3 | 0.96 miles | Rightmove |

**Average rent: £1,036/mo (6 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £995/mo).*

- **Gross yield:** 1364.6%
- **Monthly cashflow:** £867/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4100.4%

*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).*

## Price per Square Metre

- **£/m²:** £10/m²

## 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)
