# 3 bedroom house for rent (PE2 9PQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3 EARL SPENCER COURT, PETERBOROUGH, PETERBOROUGH, CITY OF PETERBOROUGH PE2 9PQ |
| Price | £575 pcm |
| Bedrooms | 3 |
| Last sold | £69,000 Jul 2002 |

## Description

This 3 bed terrace property, located in Woodston just outside the city centre which has been neutrally decorated throughout. The property consists of entrance hall leading to new modern fitted kitchen. There is a large lounge/diner with patio doors leading to a low maintenance garden and personal door to the garage. The upstairs of the property comprises of 1 double bedroom to the front and 2 single bedrooms to the rear, there is a family bathroom with shower over bath & separate loo. As well as the garage there is also of road parking. The property is within a quiet cul-de-sac, with local primary schools, takeaways, shops and doctors.    FEES APPLY Referencing and set up fee is £150 (inc) single applicant or £240 (inc) for double applicant. additional fees may apply please request tenants Guidance notes.

## Property Photos

- ![Photo](/listings/photos/42576499/282845)
- ![Photo](/listings/photos/42576499/282847)
- ![Photo](/listings/photos/42576499/282849)
- ![Photo](/listings/photos/42576499/282851)
- ![Photo](/listings/photos/42576499/282853)
- ![Photo](/listings/photos/42576499/282854)
- ![Photo](/listings/photos/42576499/282855)

## Rental Range

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

- **Low:** £880/mo
- **Realistic:** £978/mo
- **Optimistic:** £1,076/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £673/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 Terraced House, Earl Spencer Court, PE2 | £1,150/mo | 3 | 0.03 miles | OpenRent |
| 3 Bed Terraced House, Orchard St, PE2 | £1,100/mo | 3 | 0.24 miles | OpenRent |
| 3 Bed Terraced House, Belsize Avenue, PE2 | £1,150/mo | 3 | 0.39 miles | OpenRent |
| 3 Bed Semi-Detached House, Hawksbill Way, PE2 | £550/mo | 3 | 0.59 miles | OpenRent |

**Average rent: £988/mo (4 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,125/mo).*

- **Gross yield:** 2347.8%
- **Monthly cashflow:** £985/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7090.2%

*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)