Let House

33 CROSS STREET

SPALDING, SPALDING, LINCOLNSHIRE PE11 2YQ

2 beds 1 baths 646 sq ft Listed 8 May 2025 (-438d)

£750 pcm

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# 2 bedroom house for rent (PE11 2YQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 33 CROSS STREET, SPALDING, SPALDING, LINCOLNSHIRE PE11 2YQ |
| Price | £750 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 60 m² |
| Last sold | £60,000 Jul 2002 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 19/08/2028
- **Est. upgrade cost to C:** £20,500

### Recommendations
- Q (£4,000 - £14,000)
- N (£4,000 - £6,000)
- U (£5,000 - £8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8888-6328-5180-0090-5926)

## Description

**Zero Deposit Guarantee Available**

Holding Deposit: £173.00

**SUMMARY**

Two bedroom mid terraced property located within a short walk to Spalding town centre.

**DESCRIPTION**

Two bedroom mid terraced property located within a short walk to Spalding town centre.

This two double bedroom house in central Spalding is available for viewings. Comprising of: An open plan lounge diner, a kitchen with a Belfast sink, bathroom with over-bath shower and WC, along with two double bedrooms upstairs. Outside the garden is fully enclosed.

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS – prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.

(2) These particulars do not constitute part or all of an offer or contract.

(3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.

(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.

(5) You should make your own enquiries regarding the property in respect of things such as furnishings to be included/excluded and what facilities are/are not available.

(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory. Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.

## Property Photos

- ![Front](/listings/photos/161664161/756397) - Front
- ![Living Room](/listings/photos/161664161/756398) - Living Room
- ![Kitchen](/listings/photos/161664161/756399) - Kitchen
- ![Garden](/listings/photos/161664161/756400) - Garden

## EPC Graphs

- ![EPC](/listings/photos/161664161/756401) - EPC

## Rental Range

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

- **Low:** £686/mo
- **Realistic:** £762/mo
- **Optimistic:** £838/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lincolnshire Fens (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, London Road, PE11 | £775/mo | 2 | 0.35 miles | OpenRent |

**Average rent: £775/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £775/mo).*

- **Gross yield:** 1240%
- **Monthly cashflow:** £670/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3694%

*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:** £13/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)

Front Living Room Kitchen Garden

/ 4

Property details

Floor area

60 m²

EPC rating

Year built

England and Wales: 1900-1929

Deprivation

Decile 3 (10,081 of 33,755)

Street crime

0 incidents within 1 mile (May 2026)

Key features

Central Location
Two Double Bedrooms
Open Plan Lounge Diner
Gas Central Heating
Enclosed Garden

Additional details

Garden: Yes

Description

Zero Deposit Guarantee Available

Holding Deposit: £173.00

SUMMARY
Two bedroom mid terraced property located within a short walk to Spalding town centre.

DESCRIPTION
Two bedroom mid terraced property located within a short walk to Spalding town centre.

This two double bedroom house in central Spalding is available for viewings. Comprising of: An open plan lounge diner, a kitchen with a Belfast sink, bathroom with over-bath shower and WC, along with two double bedrooms upstairs. Outside the garden is fully enclosed.

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS – prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property in respect of things such as furnishings to be included/excluded and what facilities are/are not available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory. Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.

Listed by

Spalding

Sequence (UK) Limited - Connells

Reference: 161664161

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 20/08/2018

Expiry date: 19/08/2028

Est. upgrade cost to C: £20,500

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

Recommendations

50 mm internal or external wall insulation (£4,000 - £14,000)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£5,000 - £8,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC

Rental Range

Estimated market rent for South Holland. Low = conservative, Realistic = average, Optimistic = best case.

Low £686/mo

Realistic £762/mo

Optimistic £838/mo

Based on Local Authority from postcode lookup → South Holland.

LHA (30th percentile) floor for Lincolnshire Fens: £623/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PE11 2YQ

Nearby

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

Type	Name	Distance
Bus stop	Grammar School	0.1 miles
Shop	Sandra's	0.2 miles
Shop	Hair Dot Calm	0.2 miles
Train station	Spalding	0.3 miles
Hospital	Johnson Community Hospital	1.3 miles
Train station	Unknown	1.7 miles
University	University of Lincoln - Holbeach Campus	7.1 miles

Street-level crime

Category	Count
Total incidents	0

Within 1 mile during May 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
Spalding Grammar School	Secondary	0.1 miles	Good — 21 Mar 2024
Ayscoughfee Hall School	Other	0.2 miles	— (No rating)
St Norbert's Catholic Voluntary Academy	Primary	0.4 miles	Outstanding — 10 Sep 2015
The Spalding St John the Baptist Church of England Primary School	Primary	0.4 miles	Good — 11 Jan 2013
Spalding Parish Church of England Day School	Primary	0.6 miles	Good — 3 Jul 2024

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, London Road, PE11	£775/mo	2	0.35 miles	OpenRent

Average rent: £775/mo (1 listing)