# 3 bedroom terraced house for rent (PE12 7DN)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3 ALBERT STREET, SPALDING, HOLBEACH, LINCOLNSHIRE PE12 7DN |
| Price | £695 pcm |
| Bedrooms | 3 |
| Last sold | £120,000 Jan 2019 |

## Description

KITCHEN 3.58m x 3.39m

Ideal Logic + wall mounted gas boiler

Built in cupboards

Dado rail

External entrance door to rear courtyard

Slot in cooker with extractor over

Washing machine

Power points

LIVING ROOM 4.17m x 4.14m

Feature Victorian fireplace

Radiator

Power points

Electric light point with Chandelier fitting

TV aerial socket

BT telephone point

BEDROOM 1  4.25m x 4.28

Victorian fireplace, tiled inset and hearth

Radiator

Power points

Electric light point

TV aerial point

BATHROOM 3.73m x 2.35m

Panel bath with mixer tap and shower attachment

Pedestal hand basin and low level WC

Built in linen cupboard

Radiator

Vinyl wood effect floor covering

Extractor fan

Wall mirror

BEDROOM 2  4.26m x 4.30m

Radiator

Electric light point with spotlights

Power points

BEDROOM 3  3.73m x 3.45m

Radiator 

Electric light point

Power points

TV aerial point

All measurements are approximate

SERVICES

Mains Electricity, Mains Gas, Mains Water and Mains Drainage are connected to the property. 

VIEWING

Strictly by arrangement through the Chartered Surveyors, Messrs. Hix and Son, No. 28 Church Street, HOLBEACH, Nr Spalding, Lincolnshire. PE12 7LL (Tel. 01406-422777,        Fax .01406-426142).

## Property Photos

- ![Kitchen](/listings/photos/97893806/256926) - Kitchen
- ![Kitchen](/listings/photos/97893806/256928) - Kitchen
- ![Ground Floor Lounge](/listings/photos/97893806/256930) - Ground Floor Lounge
- ![Ground Floor Lounge](/listings/photos/97893806/256933) - Ground Floor Lounge
- ![Bathroom](/listings/photos/97893806/256936) - Bathroom
- ![Bathroom](/listings/photos/97893806/256939) - Bathroom
- ![Photo](/listings/photos/97893806/256941)
- ![Bedroom](/listings/photos/97893806/256945) - Bedroom
- ![Bedroom](/listings/photos/97893806/256948) - Bedroom
- ![Bedroom](/listings/photos/97893806/256952) - Bedroom
- ![Photo](/listings/photos/97893806/256955)
- ![Rear Garden](/listings/photos/97893806/256957) - Rear Garden
- ![Rear Garden](/listings/photos/97893806/256960) - Rear Garden

## EPC Graphs

- ![EPC 1](/listings/photos/97893806/256962) - EPC 1

## Rental Range

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

- **Low:** £684/mo
- **Realistic:** £760/mo
- **Optimistic:** £836/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £733/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, Fleet Mews, PE12 | £850/mo | 3 | 0.12 miles | OpenRent |

**Average rent: £850/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £850/mo).*

- **Gross yield:** 1467.6%
- **Monthly cashflow:** £737/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4389.6%

*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)