2 Bed Bungalow, Single Let, Scunthorpe, DN17 3TB, £105,000

Ashlin Court, Messingham, DN17 3TB - a year ago

Leasehold
BTL
ROI: 4%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£86K - £495K
Sold Prices/m²£1.5K/m² - £7.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£128,100
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,350

Total Cash In

£30,600

 

 

Cash Out

 

Rent Range

£475 - £1,300

Rent Estimate

£550

Running Costs/mo

£458

Cashflow/mo

£92

Cashflow/yr

£1,103

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £86K to £495K, average is £161.3K. £1.5K/m² to £7.9K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£225K12/220.09 mi1a, Park Street, Messingham, Scunthorpe, North Lincolnshire DN17 3RU2
£227.5K02/230.1 mi14, Cross Tree Lane, Messingham, Scunthorpe, North Lincolnshire DN17 3NX2
£130K09/220.12 mi18, Hall View, Messingham, Scunthorpe, North Lincolnshire DN17 3TD2
£190K02/210.15 mi64, Wendover Road, Messingham, Scunthorpe, North Lincolnshire DN17 3TL2
£495K12/220.16 mi19, Brigg Road, Messingham, Scunthorpe, North Lincolnshire DN17 3QP2
£239K10/210.17 mi19, Calder Green, Messingham, Scunthorpe, North Lincolnshire DN17 3UA2
£130K02/210.18 mi8, Hall Rise, Messingham, Scunthorpe, North Lincolnshire DN17 3TF2
£171K10/230.18 mi8, Hall Rise, Messingham, Scunthorpe, North Lincolnshire DN17 3TF2
£170K03/230.18 mi39, Hall Rise, Messingham, Scunthorpe, North Lincolnshire DN17 3TF2
£165K01/210.19 mi39, Church Street, Messingham, Scunthorpe, North Lincolnshire DN17 3SB2
£215K08/210.21 mi14, Leaburn Road, Messingham, Scunthorpe, North Lincolnshire DN17 3SR2
£155K07/210.21 mi27, Leaburn Road, Messingham, Scunthorpe, North Lincolnshire DN17 3SR2
£133K03/210.26 mi5, Allison Close, Messingham, Scunthorpe, North Lincolnshire DN17 3UB2
£145K12/200.27 mi12, Egton Avenue, Messingham, Scunthorpe, North Lincolnshire DN17 3SY2
£170K03/230.28 mi24, Eastfield Road, Messingham, Scunthorpe, North Lincolnshire DN17 3PG2
£280K06/230.31 mi10, Ash Grove, Messingham, Scunthorpe, North Lincolnshire DN17 3QY2
£290K06/210.37 mi101, Brigg Road, Messingham, Scunthorpe, North Lincolnshire DN17 3QX2
£269.9K02/210.55 mi150, Brigg Road, Messingham, Scunthorpe, North Lincolnshire DN17 3RB2
£142.5K02/231.33 mi179, Valley View Drive, Scunthorpe, North Lincolnshire DN16 3TJ2
£115.5K02/211.37 mi5, Lambourne Rise, Scunthorpe, North Lincolnshire DN16 3TN2
£140K07/231.39 mi28, Worcester Close, Scunthorpe, North Lincolnshire DN16 3TL2
£105K11/211.4 mi87, Valley View Drive, Scunthorpe, North Lincolnshire DN16 3SY2
£170K07/231.42 mi24, Conference Court, Scunthorpe, North Lincolnshire DN16 3SZ2
£103.5K11/201.42 mi10, Conference Court, Scunthorpe, North Lincolnshire DN16 3SZ2
£169.9K08/231.43 mi17, Ribston Close, Scunthorpe, North Lincolnshire DN16 3SX2
£86K10/201.48 mi15, Valley View Drive, Scunthorpe, Humberside DN16 3SG2
£130K02/231.5 mi20, Langley Drive, Scunthorpe, North Lincolnshire DN16 3TY2
£137.5K08/211.53 mi8, Blenheim Court, Scunthorpe, North Lincolnshire DN16 3SQ2
£158.5K03/211.53 mi18, Blenheim Court, Scunthorpe, North Lincolnshire DN16 3SQ2
£187K05/231.53 mi44, Blenheim Court, Scunthorpe, North Lincolnshire DN16 3SQ2
£179.9K08/231.53 mi59, Blenheim Court, Scunthorpe, North Lincolnshire DN16 3SQ2
£160K11/211.58 mi59a, Endcliffe Avenue, Scunthorpe, North Lincolnshire DN17 2RB2
£215K07/231.61 mi12, Croft Lane, Scunthorpe, North Lincolnshire DN17 2SU2
£177K07/211.65 mi8, Moorwell Road, Scunthorpe, North Lincolnshire DN17 2RR2
£205K12/201.65 mi40, Moorwell Road, Scunthorpe, North Lincolnshire DN17 2RR2
£142K09/211.7 mi63, Jacklins Approach, Scunthorpe, North Lincolnshire DN16 3PF2
£163K09/231.72 mi12, Hillfoot Drive, Scunthorpe, North Lincolnshire DN17 2RY2
£195K03/231.72 mi3, Hillfoot Drive, Scunthorpe, North Lincolnshire DN17 2RY2
£158K12/201.74 mi14, Hurst Lane, Scunthorpe, North Lincolnshire DN17 2ST2
£190K11/211.75 mi27, The Dales, Scunthorpe, Humberside DN17 2QF2
£114K02/211.75 mi2, Jesmond Avenue, Bottesford, Scunthorpe, North Lincolnshire DN17 2GJ2
£120K10/211.76 mi14, Headingley Avenue, Bottesford, Scunthorpe, North Lincolnshire DN17 2GL2
£110K04/211.76 mi3, Headingley Avenue, Bottesford, Scunthorpe, North Lincolnshire DN17 2GL2
£140K11/221.77 mi2, Jesmond Avenue, Bottesford, Scunthorpe, North Lincolnshire DN17 2GJ2
£148.5K01/231.78 mi32, Cambridge Avenue, Scunthorpe, North Lincolnshire DN16 3PD2
£127.5K11/201.88 mi76, Quebec Road, Scunthorpe, North Lincolnshire DN17 2SW2
£170K09/221.93 mi5, Balmoral Court, Scunthorpe, North Lincolnshire DN17 2QN2
£137.9K04/211.98 mi32, Winchester Drive, Scunthorpe, North Lincolnshire DN16 3RU2
£150K12/201.98 mi8, Mountbatten Close, Bottesford, Scunthorpe, Humberside DN16 3LZ2
£162.5K08/211.98 mi10, Mountbatten Close, Bottesford, Scunthorpe, North Lincolnshire DN16 3LZ2

Local Rents

29 rents from £475/mo to £1.3K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£61509/230.05 mi-2
£85012/240.1 miCross Tree Lane, Messingham2
£87512/240.36 miKnightsbridge Road, Messingham, SCUNTHORPE3
£1,20005/241.19 miSlate House Farrm, Holme, Scunthorpe, DN16 3RE3
£85003/241.33 miValley View Drive, Bottesford, Scunthorpe, DN163
£62504/241.4 miMerryweather Court, Bottesford2
£1,30003/241.43 miSeabrook Drive, Scunthorpe3
£1,20004/241.43 miSeabrook Drive, Scunthorpe3
£60001/241.43 mi-2
£47503/241.47 miMalling Walk, Scunthorpe1
£62004/241.52 mi-2
£79504/251.7 mi-3
£94512/241.87 mi-3
£90003/251.89 mi-3
£70007/241.94 mi-3
£75012/242.1 miFotherby Road, Scunthorpe3
£75003/252.12 mi-3
£65003/242.15 miWoodcross Avenue, Scunthorpe3
£99512/242.16 mi-4
£1,20012/232.17 mi-4
£85009/232.18 mi-3
£62512/242.19 mi-2
£72502/252.19 mi-3
£57503/242.2 miSt Nicholas Court, Scunthorpe, DN162
£77503/252.23 mi-3
£99003/252.24 mi-3
£95003/252.35 mi-3
£82501/252.36 mi-3
£90008/242.45 mi-3

Local Area Statistics

Population in DN17

37,168

Population in Scunthorpe

105,498

Town centre distance

3.70 miles away

Nearest school

0.10 miles away

Nearest train station

3.91 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £105,000

October 27, 2023

Floor Plans

Description

  • Mid Terrace Bungalow +
  • 2 Bedrooms +
  • New Boiler 2023 +
  • 15ft5 Lounge +
  • Private Courtyard Garden +
  • Garage +
  • Communal Parking Area +
  • Chain Free +

2 BEDROOMED BUNGALOW WITH BOILER LESS THAN ONE YEAR OLD AND A GARAGE!
Located within the ever popular village of Messingham, this bungalow is offered for sale with NO ONWARD CHAIN! The accommodation briefly comprises of 2 bedrooms, lounge, kitchen and bathroom. Outside the property has an enclosed courtyard garden to the rear, and an allocated garage situated at the end of the Court, along with a communal parking area. The property sits in an ideal location within walking distance to a good range of amenities and bus routes. Call today to view! Council tax band: A.

Agent Details

Starkey & Brown, Scunthorpe

01724 706802

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪