To let Semi-detached

1 NEW COTTAGES

GRIMSBY, RIBY, LINCOLNSHIRE DN37 8NJ

3 beds 1 baths 775 sq ft Listed 5 Oct 2026 (-26d)

£850 pcm

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# 3 bedroom semi-detached house for rent (DN37 8NJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 1 NEW COTTAGES, GRIMSBY, RIBY, LINCOLNSHIRE DN37 8NJ |
| Price | £850 pcm |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 72 m² |
| Last sold | £138,000 Jun 2008 |

## EPC Rating & Upgrade Cost

- **Current rating:** F
- **Potential rating:** D
- **Expiry date:** 14/05/2033
- **Current heating cost:** £1,477/year
- **Est. upgrade cost to C:** £16,155

### Recommendations
- W2 (£4,000 - £6,000)
- N (£4,000 - £6,000)
- Y (£585 - £725)
- X (£1,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/4837-2725-3200-0565-6296)

## Description

Externally, the property benefits from a generous driveway and an enclosed rear garden, which is currently being seeded and fenced. The rear garden enjoys open views overlooking surrounding fields, creating a pleasant and peaceful setting. **Air source heating pending installation**. Deposit £980. EER (tbc) following the improvement work.  Available now

## Property Photos

- ![Photo](/listings/photos/93911451/2616574)
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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 |
|------|------|------|------|------|
| [New Cottage, Riby, Lincolnshire DN37 8NJ](http://87.117.209.195:8080/listings/35c91e4) | £850/mo | 3 | 0 miles | Rightmove |
| [Blyth Way, Laceby, DN37](http://87.117.209.195:8080/listings/22524e9) | £950/mo | 3 | 1.66 miles | Rightmove |
| [St Nicholas Drive, Grimsby, DN37](http://87.117.209.195:8080/listings/e7bbd96) | £950/mo | 3 | 2.98 miles | Rightmove |
| [Timberley Drive, Wybers Wood, DN37](http://87.117.209.195:8080/listings/217622a) | £900/mo | 3 | 3.2 miles | Rightmove |
| [Cromwell Road, Grimsby](http://87.117.209.195:8080/listings/46fd1b3) | £700/mo | 3 | 3.75 miles | Rightmove |
| [Loft Avenue, Grimsby](http://87.117.209.195:8080/listings/7218f72) | £750/mo | 3 | 3.9 miles | Rightmove |
| [Woodhall Drive, Waltham, DN37](http://87.117.209.195:8080/listings/4ee659c) | £900/mo | 3 | 4.92 miles | Rightmove |
| [Chestnut Road, Waltham](http://87.117.209.195:8080/listings/9aac6c7) | £1,000/mo | 3 | 5.16 miles | Rightmove |
| [Brian Avenue, Waltham, Grimsby](http://87.117.209.195:8080/listings/e506c3f) | £825/mo | 3 | 5.19 miles | Rightmove |

**Average rent: £869/mo (9 listings)**

## Rent-driven metrics

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

- **Gross yield:** 1270.6%
- **Monthly cashflow:** £782/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3805.2%

*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).*

## Price per Square Metre

- **£/m²:** £12/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)

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Property details

Floor area

72 m²

Council tax band

EPC rating

Year built

England and Wales: 1950-1966

Deprivation

Decile 7 (22,621 of 33,755)

Street crime

1 incident within 1 mile (Aug 2026)

Key features

Three bedrooms
Large front driveway
Enclosed rear gardens overlooking fields
Air source heating to be installed
Good size reception room with feature electric
New flooring throughout (apart from the kitchen)
GF WC & FF Family bathroom with shower over bath
Newly fitted kitchen with dining area
Village location

Additional details

Electricity: Mains supply
Water: Mains supply
Sewerage: Private supply
Heating: Central
Parking: Off street
Garden: Yes

Description

This well-presented three-bedroom home has undergone a partial refurbishment and offers fresh, modern living throughout. Improvements include a newly fitted kitchen complete with oven/hob and extractor, together with new décor and flooring throughout the property (apart from the kitchen) Accommodation comprises; spacious reception room featuring electric fire, three good-sized bedrooms, a family bathroom with shower over the bath, and the added convenience of a ground floor WC.
Externally, the property benefits from a generous driveway and an enclosed rear garden, which is currently being seeded and fenced. The rear garden enjoys open views overlooking surrounding fields, creating a pleasant and peaceful setting. Air source heating pending installation. Deposit £980. EER (tbc) following the improvement work. Available now

Listed by

Louth

Masons Chartered Surveyors

Reference: 93911451

EPC Rating & Upgrade Cost

Current rating: F

Potential rating: D

Inspection date: 15/05/2023

Expiry date: 14/05/2033

Current heating cost: £1,477/year

Potential heating cost: £1,293/year

Est. upgrade cost to C: £16,155

EPC F or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Floor insulation (solid floor) (£4,000 - £6,000)
Solar water heating (£4,000 - £6,000)
Heat recovery system for mixer showers (£585 - £725)
High performance external doors (£1,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Plot: ~358 m² (0.09 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Rental Range

Estimated market rent for West Lindsey. Low = conservative, Realistic = average, Optimistic = best case.

Low £670/mo

Realistic £744/mo

Optimistic £818/mo

Based on Local Authority from postcode lookup → West Lindsey.

LHA (30th percentile) floor for Grimsby: £520/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View DN37 8NJ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Riby Cross Roads	0.1 miles
Shop	Spar	1.9 miles
Shop	Stallingborough Paper Shop	2.3 miles
Train station	Stallingborough	2.5 miles
Train station	Healing	2.8 miles
University	University Centre Grimsby	5.0 miles
University	University Centre (University of Hull)	5.1 miles
Hospital	Harrison House	5.7 miles
Hospital	St Hughs	5.8 miles

Street-level crime

Category	Count
Violence and sexual offences	1
Total incidents	1

Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Best Futures	Other	1.2 miles	Requires improvement — 13 Sep 2023
Keelby Primary Academy	Primary	1.8 miles	Good — 3 Jul 2012
Stanford Junior and Infant School	Primary	1.9 miles	Good — 2 Mar 2015
Healing Academy	Secondary	2.4 miles	Good — 11 Jul 2024
Stallingborough CofE Primary School	Primary	2.5 miles	Good — 28 Sep 2018

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
New Cottage, Riby, Lincolnshire DN37 8NJ	£850/mo	3	0 miles	Rightmove
Blyth Way, Laceby, DN37	£950/mo	3	1.66 miles	Rightmove
St Nicholas Drive, Grimsby, DN37	£950/mo	3	2.98 miles	Rightmove
Timberley Drive, Wybers Wood, DN37	£900/mo	3	3.2 miles	Rightmove
Cromwell Road, Grimsby	£700/mo	3	3.75 miles	Rightmove
Loft Avenue, Grimsby	£750/mo	3	3.9 miles	Rightmove
Woodhall Drive, Waltham, DN37	£900/mo	3	4.92 miles	Rightmove
Chestnut Road, Waltham	£1,000/mo	3	5.16 miles	Rightmove
Brian Avenue, Waltham, Grimsby	£825/mo	3	5.19 miles	Rightmove

Average rent: £869/mo (9 listings)