# 3 bedroom terraced house for rent (DN37 9LE) ## Property Details | Key | Value | |-----|-------| | Address | 62 SALTERGATE, GRIMSBY DN37 9LE | | Price | £750 pcm | | Bedrooms | 3 | | Bathrooms | 3 | | Council tax | A | | Construction age | England and Wales: 1950-1966 | | Floor area | 55 m² | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Expiry date:** 14/05/2035 - **Current heating cost:** £410/year - **Est. upgrade cost to C:** £5,000 ### Recommendations - W2 (£4,000 - £6,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2120-0450-9115-7111-3612) ## Description Available Immediately Lovelle's are pleased to offer this newly refurbished 3 bedroom property on the Willow's estate, Grimsby . Area description Easy access to the M180, close to the local schools, amenities and public transport Property description This lovely property briefly comprises of kitchen/diner with a range of wall and base units with fitted hob and oven , living room , large hallway. Upstairs there is 2 double bedrooms and a single bedroom, bathroom is a wet room with shower. Garden to the front and rear of the property. Street parking and a car park. Water - Anglian Water Sewerage – Mains drainage Broadband - According to Ofcom the following is available: Standard 2 mbps, Superfast 78 mbps, Ultrafast 1000 mbps Mobile Signal – According to Ofcom the coverage is detailed as being variable in-home and variable to good outdoor Parking – Street parking and small carpark . EPC Rating D Council Tax Band A Tenancy Information: Rent: £750 per calendar month (£173.07 per week) Deposit: £865.38 Your income must be a minimum of £22,500 Guarantor (if needed) income £27,000 A holding deposit of £173.07 (one week’s rent) is required to reserve the property when your application has been agreed for formal referencing. Once your application has been approved, this amount will be deducted from the combined balance of the first month’s rent and deposit as detailed that will be due. Please note bills are not included at this property. All bills including Gas, electric, council tax, water and broadband are responsibility of the tenant. If the property has an oil fired system then the tenant will need to return this filled to the received level. The tenancy is for a minimum six month period and will revert to a periodic tenancy thereafter. For a list of permitted tenant fees please visit our website. Further Property Information available: If you would like any further specific information relating to this property, please call or email our team. Agent information: Lovelle Estate Agency is a member of the ‘Property Mark Client Money Protection’ scheme and a member of ‘The Property Ombudsman’ redress scheme. Further details are available on our website: and please select the relevant branch. EPC rating: D. ## Property Photos - ![Photo](/listings/photos/95014809/2689631) - ![Photo](/listings/photos/95014809/2689632) - ![Photo](/listings/photos/95014809/2689633) - ![Photo](/listings/photos/95014809/2689634) - ![Photo](/listings/photos/95014809/2689635) - ![Photo](/listings/photos/95014809/2689636) - ![Photo](/listings/photos/95014809/2689637) - ![Photo](/listings/photos/95014809/2689638) - ![Photo](/listings/photos/95014809/2689639) - ![Photo](/listings/photos/95014809/2689640) - ![Photo](/listings/photos/95014809/2689641) - ![Photo](/listings/photos/95014809/2689642) ## EPC Graphs - ![EPC Certificate](/listings/photos/95014809/2689643) - EPC Certificate ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #14860849 - **Address:** 62 Saltergate, GRIMSBY, DN37 9LE - **Certificate Issued:** 31/10/2021 - **Work Completed:** 18/10/2021 - **Items:** 4 window(s) ## Rental Range *ONS Price Index of Private Rents (North East Lincolnshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £586/mo - **Realistic:** £651/mo - **Optimistic:** £716/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 | |------|------|------|------|------| | [Saltergate, Grimsby, DN37](http://87.117.209.195:8080/listings/3c9ad00) | £750/mo | 3 | 0 miles | Rightmove | | [Cromwell Road, Grimsby](http://87.117.209.195:8080/listings/46fd1b3) | £700/mo | 3 | 0.12 miles | Rightmove | | [Loft Avenue, Grimsby](http://87.117.209.195:8080/listings/7218f72) | £750/mo | 3 | 0.2 miles | Rightmove | | [Timberley Drive, Wybers Wood, DN37](http://87.117.209.195:8080/listings/217622a) | £900/mo | 3 | 0.7 miles | Rightmove | | 3 Bed Terraced House, Gilbey Road, DN31 | £550/mo | 3 | 0.83 miles | OpenRent | | 3 Bed Terraced House, Elsenham Road, DN31 | £640/mo | 3 | 0.86 miles | OpenRent | | 3 Bed Terraced House, Elsenham Road, DN31 | £650/mo | 3 | 0.89 miles | OpenRent | | 3 Bed Terraced House, Macaulay Street, DN31 | £665/mo | 3 | 0.99 miles | OpenRent | | [St Nicholas Drive, Grimsby, DN37](http://87.117.209.195:8080/listings/e7bbd96) | £950/mo | 3 | 1.04 miles | Rightmove | | 3 Bed Terraced House, Wharton St, DN31 | £650/mo | 3 | 1.05 miles | OpenRent | | 3 Bed Terraced House, James Street, DN32 | £750/mo | 3 | 1.09 miles | OpenRent | | 3 Bed Terraced House, Haycroft Street, DN31 | £695/mo | 3 | 1.11 miles | OpenRent | | 3 Bed Terraced House, Arthur St, DN31 | £675/mo | 3 | 1.11 miles | OpenRent | | [Blyth Way, Laceby, DN37](http://87.117.209.195:8080/listings/22524e9) | £950/mo | 3 | 2.81 miles | Rightmove | | [New Cottage, Riby, Lincolnshire DN37 8NJ](http://87.117.209.195:8080/listings/35c91e4) | £850/mo | 3 | 3.86 miles | Rightmove | | [Woodhall Drive, Waltham, DN37](http://87.117.209.195:8080/listings/4ee659c) | £900/mo | 3 | 3.86 miles | Rightmove | | [Brian Avenue, Waltham, Grimsby](http://87.117.209.195:8080/listings/e506c3f) | £825/mo | 3 | 3.96 miles | Rightmove | | [Chestnut Road, Waltham](http://87.117.209.195:8080/listings/9aac6c7) | £1,000/mo | 3 | 4.13 miles | Rightmove | **Average rent: £769/mo (18 listings)** ## Rent-driven metrics *Based on OpenRent comparables (median £750/mo).* - **Gross yield:** 1200% - **Monthly cashflow:** £647/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3569.9% *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:** £14/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)