# 3 bedroom detached house for rent (LN7 6NH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 5B, NAVIGATION LANE, MARKET RASEN, CAISTOR, LINCOLNSHIRE LN7 6NH |
| Price | £1,100 pcm |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Last sold | £207,500 Aug 2009 |

## Description

Property Reference: 3073457.

Available mid November. Detached 3 bed bungalow. Very long term, pets welcome. Large front and raparound garden. Large detached garage with power and light. Long driveway. These pictures are a year ago colours may have changed. Recently rewired, gas central heating, recent bathroom, kitchen, recent cooker, hob. Space for a dishwasher and washing machine to be put in (not included). Modern fireplace. Good size house was a self build originally in 1960s. Light fittings included. Smoke detectors are hard wired, Carbon detectors. Openrent credit check will be undertaken and guarantor preferred, all references checked. Absolutely NO smokers please.

**Summary & Exclusions:**

- Rent Amount: £1,100.00 per month (£253.85 per week)

- Deposit / Bond: £1,100.00

- 3 Bedrooms

- 1 Bathrooms

- Property comes unfurnished

- Available to move in from 14 November 2026

- Maximum number of tenants is 3

- No Students

- No Smokers

- Bills not included

- Property has parking

- Property has garden access

- Property has fireplace

- EPC Rating: D

** If calling, please quote reference: 3073457 ** 

**Fees:**

You will **not** be charged any admin fees.

** Contact today to book a viewing and have the landlord show you round! ** 

Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.

## Property Photos

- ![Photo](/listings/photos/94466574/2615084)
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- ![Photo](/listings/photos/94466574/2615096)
- ![Photo](/listings/photos/94466574/2615097)

## Rental Range

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

- **Low:** £670/mo
- **Realistic:** £744/mo
- **Optimistic:** £818/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 |
|------|------|------|------|------|
| [Navigation Lane, Caistor, Market Rasen, LN7](http://87.117.209.195:8080/listings/cfd9651) | £1,100/mo | 3 | 0 miles | Rightmove |
| [Risedale, Caistor](http://87.117.209.195:8080/listings/359b7d8) | £875/mo | 3 | 0.23 miles | Rightmove |
| [Mallard Drive, Caistor LN7 6SA](http://87.117.209.195:8080/listings/a30b602) | £850/mo | 3 | 0.26 miles | Rightmove |
| [Varlows Yard, Caistor, LN7](http://87.117.209.195:8080/listings/2520290) | £995/mo | 3 | 0.31 miles | Rightmove |
| [Mill Lane, Caistor, LN7](http://87.117.209.195:8080/listings/aee5f96) | £995/mo | 3 | 0.53 miles | Rightmove |
| [North Kelsey Road, Caistor, Market Rasen](http://87.117.209.195:8080/listings/18cee55) | £1,400/mo | 3 | 0.73 miles | Rightmove |

**Average rent: £1,036/mo (6 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £995/mo).*

- **Gross yield:** 1085.5%
- **Monthly cashflow:** £866/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3258.3%

*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)