# 2 bedroom end of terrace house for rent (DN33 3GB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 22 SHELDON ROAD, GRIMSBY, SCARTHO TOP, NORTH EAST LINCOLNSHIRE DN33 3GB |
| Price | £770 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £112,999 Jul 2011 |

## Description

A delightful 2 Bed Mid Link Home offered to the market for LET. 

Benefitting from a lovely Modern Kitchen with integrated fridge freezer, microwave and oven. A superb Bathroom with a mixer shower over the bath this home is an attractive proposition to potential tenants. The property has two Bedrooms and the benefit of a ground floor WC. Allocated off road parking and a rear garden enclosed by fencing complete the accommodation.

Parking: Allocated Parking Space

Agents Note - Photos were taken prior to the current tenancy commencing. 

EPC Rating - C

Council Tax Band - B

Deposit £885.00

Holding Deposit (per tenancy) £177.69

A holding deposit equivalent to one week's rent is required to reserve the property.

Please note that the holding deposit may be retained if any relevant person (including any guarantor) withdraws from the proposed tenancy, fails a Right to Rent check, provides false or misleading information which materially affects their suitability to rent the property, or fails to take all reasonable steps to enter into the tenancy agreement (and/or Deed of Guarantee) within 15 calendar days, or within any other deadline agreed in writing between the parties.

Assured Periodic Tenancies 

The property will be let on an Assured Periodic Tenancy (rolling monthly tenancy). The landlord is seeking tenants interested in longer-term occupation.

The Renters' Rights Act 2025

New legislation commenced in May 2026, introducing changes affecting both existing and new tenancies. If you are currently renting, please check your notice period with your landlord before arranging a viewing.

Please note that the tenant notice period for Assured Periodic Tenancies is a minimum of two months' notice, ending on a rent payment date or the day before a rent payment date falls due.

Accessing applicant(s) rent affordability:

All applicants are assessed on their outgoing credit commitments and basic expenditures relevant to renting a home. These findings are then compared to the applicants' monthly income to determine if the rent is affordable to the applicant(s). HomeLet presents this figure to the agent/landlord on the final report, which will give an understanding of the maximum rent that the applicant is able to afford based on the applicant's declared monthly income. All applicants must be fully referenced by HomeLet

Affordability Example

20% of total monthly income taken for expenses (as per HomeLet's process) minus outgoings = total rent affordability

Monthly income is £3,500

20% of that is £700

Minus applicants monthly outgoings £800

Applicants Maximum Rent share available is £2,000 (this is an example only and doesn't represent any figures for this specific property)

For further information on the process, please speak to a member of the rental team.

## Property Photos

- ![Picture No. 03](/listings/photos/93294180/2617157) - Picture No. 03
- ![Picture No. 04](/listings/photos/93294180/2617158) - Picture No. 04
- ![Picture No. 07](/listings/photos/93294180/2617159) - Picture No. 07
- ![Picture No. 09](/listings/photos/93294180/2617160) - Picture No. 09
- ![Picture No. 08](/listings/photos/93294180/2617161) - Picture No. 08
- ![Picture No. 02](/listings/photos/93294180/2617162) - Picture No. 02
- ![Picture No. 05](/listings/photos/93294180/2617163) - Picture No. 05
- ![Picture No. 06](/listings/photos/93294180/2617164) - Picture No. 06

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/93294180/2617165) - EPC Rating Graph

## 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):** £479/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 |
|------|------|------|------|------|
| [Sheldon Road, Scartho Top, Grimsby, Lincolnshire, DN33](http://87.117.209.195:8080/listings/9915f96) | £770/mo | 2 | 0 miles | Rightmove |
| [Mayflower Lane, Grimsby, North East Lincolnshire](http://87.117.209.195:8080/listings/9148fb9) | £925/mo | — | 0.21 miles | Rightmove |
| [Belgrave Road, Scartho Top, DN33](http://87.117.209.195:8080/listings/79b2e3d) | £700/mo | 2 | 0.27 miles | Rightmove |
| [Bridges Close, Grimsby, DN33](http://87.117.209.195:8080/listings/b533f49) | £975/mo | 2 | 0.34 miles | Rightmove |
| [Watson Drive, Grimsby, DN33](http://87.117.209.195:8080/listings/2c8586f) | £975/mo | 2 | 0.45 miles | Rightmove |
| [Scartho Top, Grimsby, DN33](http://87.117.209.195:8080/listings/b1e95c0) | £975/mo | 2 | 0.45 miles | Rightmove |
| [Edinburgh Way, Scartho Top, Grimsby](http://87.117.209.195:8080/listings/42b0a3a) | £850/mo | 2 | 0.51 miles | Rightmove |
| [Fenwick Road, Scartho Top, DN33](http://87.117.209.195:8080/listings/a45c30c) | £795/mo | 2 | 0.52 miles | Rightmove |
| [Worlaby Road, Grimsby](http://87.117.209.195:8080/listings/3a7399e) | £925/mo | 2 | 0.71 miles | Rightmove |

**Average rent: £877/mo (9 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £925/mo).*

- **Gross yield:** 1441.6%
- **Monthly cashflow:** £804/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4323.2%

*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)
