# 2 bedroom property for rent (DN36 4GU)

## Property Details

| Key | Value |
|-----|-------|
| Address | St. Clements Way, New Waltham, DN36, DN36 4GU |
| Price | £725 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |

## Description

This lovely two-bedroom mid link property is situated in this convenient location in New Waltham close to local shops, schools and bus routes. Comprising of spacious living room, kitchen-diner and WC to the ground floor. To the first floor are two generous bedrooms and family bathroom. With an enclosed rear garden and off-road parking for one vehicle to the front of the property this is the perfect home. Benefitting from gas fired central heating and uPVC double glazing. Viewings are highly recommended. Potential long term let.

Payment of £167.30 (1 weeks rent) will be required to reserve the property.  When references have passed and the Tenancy agreement is signed, the deposit of £836 will be payable along with the balance of the first month’s rent (£557.70).

Council tax band B.  (This information was obtained on the 23rd of October 2026 and is for guidance purposes only.  All interested parties are advised to make their own enquiries).

EPC Rating: C

## Property Photos

- ![External](/listings/photos/94661118/2657889) - External
- ![Reception Room](/listings/photos/94661118/2657890) - Reception Room
- ![Kitchen Diner](/listings/photos/94661118/2657891) - Kitchen Diner
- ![Bathroom](/listings/photos/94661118/2657892) - Bathroom
- ![Dining Area](/listings/photos/94661118/2657893) - Dining Area
- ![Kitchen Diner](/listings/photos/94661118/2657894) - Kitchen Diner
- ![Wc](/listings/photos/94661118/2657895) - Wc
- ![Bedroom 1](/listings/photos/94661118/2657896) - Bedroom 1
- ![Bedroom 2](/listings/photos/94661118/2657897) - Bedroom 2
- ![Bedroom 2](/listings/photos/94661118/2657898) - Bedroom 2
- ![Bedroom 2](/listings/photos/94661118/2657899) - Bedroom 2
- ![Rear Garden](/listings/photos/94661118/2657900) - Rear Garden
- ![External](/listings/photos/94661118/2657901) - External

## Floorplans

- ![All](/listings/photos/94661118/2657902) - All

## EPC Graphs

- ![EPC 1](/listings/photos/94661118/2657903) - EPC 1

## 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 |
|------|------|------|------|------|
| [St. Clements Way, New Waltham, DN36](http://87.117.209.195:8080/listings/ce29cbe) | £725/mo | 2 | 0 miles | Rightmove |

**Average rent: £725/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £725/mo).*

- **Gross yield:** 1200%
- **Monthly cashflow:** £625/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3565.2%

*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)