3 Bed Semi-Detached House, Single Let, Scunthorpe, DN17 2DE, £107,500

Burringham Road, Scunthorpe, DN17 2DE - a year ago

BTL
ROI: 5%
~90 m²
+7 photos

ValuationUndervalued

Sold Prices£78K - £315K
Sold Prices/m²£943/m² - £2.4K/m²

 

 

Square Metres

~90.40 m²
Price/m²£1.2K/m²

Value Estimate

£131,150
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,875

Stamp Duty & Legal Fees

£6,575

Total Cash In

£33,450

 

 

Cash Out

 

Rent Range

£495 - £990

Rent Estimate

£613

Running Costs/mo

£479

Cashflow/mo

£134

Cashflow/yr

£1,614

ROI

5%

Gross Yield

7%

Local Sold Prices

51 sold prices from £78K to £315K, average is £130K. £943/m² to £2.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£147K03/210.01 mi98, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DE3
£315K10/230.01 mi46, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DE3
£145K12/220.04 mi143, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DF3
£199.5K05/230.04 mi99, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DF3
£135K10/210.09 mi57, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DL3
£180K11/220.09 mi89, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DF3
£122K07/210.1 mi72, Abbots Road, Scunthorpe, North Lincolnshire DN17 1JG3
£115K04/210.11 mi34, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DN3
£115K05/210.11 mi32, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DN3
£123K07/230.13 mi20, Abbey Road, Scunthorpe, North Lincolnshire DN17 1JN3
£91.2K12/200.14 mi16, Aylesby Road, Scunthorpe, North Lincolnshire DN17 2DR3
£120K02/210.14 mi3, Cloister Close, Scunthorpe, North Lincolnshire DN17 1WA3
£152K08/230.16 mi73, Priory Lane, Scunthorpe, North Lincolnshire DN17 1HD3
£96K02/210.16 mi5, Monks Road, Scunthorpe, North Lincolnshire DN17 1JQ3
£120K12/220.16 mi3, Monks Road, Scunthorpe, North Lincolnshire DN17 1JQ3
£115K05/230.17 mi2, Claxby Road, Scunthorpe, North Lincolnshire DN17 2DT3
£155K06/230.19 mi25, Monks Road, Scunthorpe, North Lincolnshire DN17 1JJ3
£145K09/230.19 mi8, Abbots Road, Scunthorpe, North Lincolnshire DN17 1JF3
£132.5K11/210.19 mi51, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BD3
£110K02/210.2 mi7, Dean Road, Scunthorpe, North Lincolnshire DN17 1HG3
£130K10/210.2 mi46, Dean Road, Scunthorpe, North Lincolnshire DN17 1HG3
£250K08/230.2 mi18, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BB3
£83K02/210.22 mi45, Morley Road, Scunthorpe, North Lincolnshire DN17 2DW3
£129.9K07/230.23 mi10, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£129.9K07/230.23 mi10, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£129.9K08/230.23 mi12, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£116K11/210.23 mi24, Angerstein Road, Scunthorpe, North Lincolnshire DN17 2NA3
£85.5K04/210.23 mi46, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£128K06/230.23 mi38, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£115K08/230.23 mi17, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£145K06/230.24 mi1, Nuns Road, Scunthorpe, North Lincolnshire DN17 1JE3
£140K01/230.24 mi56, Priory Lane, Scunthorpe, North Lincolnshire DN17 1HU3
£78K04/210.25 mi14, Manor Farm Road, Scunthorpe, North Lincolnshire DN17 1LF3
£110K12/210.25 mi6, Manor Farm Road, Scunthorpe, North Lincolnshire DN17 1LF3
£205K02/210.27 mi11a, Messingham Road, Scunthorpe, North Lincolnshire DN17 2LL3
£145K03/210.27 mi75, Messingham Road, Scunthorpe, North Lincolnshire DN17 2LL3
£119K02/210.27 mi67, Messingham Road, Scunthorpe, North Lincolnshire DN17 2LL3
£110.5K03/230.27 mi31, Messingham Road, Scunthorpe, North Lincolnshire DN17 2LL3
£203K11/220.28 mi54, Messingham Road, Scunthorpe, North Lincolnshire DN17 2DA3
£190K06/230.28 mi7, Humber Crescent, Scunthorpe, North Lincolnshire DN17 1JD3
£155K10/210.28 mi7, Humber Crescent, Scunthorpe, North Lincolnshire DN17 1JD3
£165K04/230.28 mi40, Humber Crescent, Scunthorpe, North Lincolnshire DN17 1JD3
£135K11/220.29 mi146, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BG3
£110K04/230.29 mi18, Angerstein Road, Scunthorpe, North Lincolnshire DN17 2LZ3
£95K04/210.31 mi11, Woollin Avenue, Scunthorpe, North Lincolnshire DN16 2RU3
£135K04/230.33 mi10, Mavis Road, Scunthorpe, North Lincolnshire DN17 1NA3
£210K04/230.34 mi25, Rothbury Road, Scunthorpe, North Lincolnshire DN17 1EY3
£103K08/210.34 mi18, Caenby Road, Scunthorpe, North Lincolnshire DN17 2EW3
£145K03/210.36 mi2, Brocklesby Road, Scunthorpe, North Lincolnshire DN17 2LT3
£157K08/230.36 mi4, Brocklesby Road, Scunthorpe, North Lincolnshire DN17 2LT3
£145K01/210.36 mi19, Priory Crescent, Scunthorpe, North Lincolnshire DN17 1HX3

Local Rents

15 rents from £495/mo to £990/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75012/240.2 miDean Road, SCUNTHORPE3
£90008/240.2 mi-3
£69512/230.38 mi-3
£97512/240.39 mi-3
£90002/250.43 mi-3
£90012/240.47 miWest Common Gardens, Scunthorpe3
£49511/230.48 mi-3
£65004/240.49 miVictoria Road, Scunthorpe3
£75003/250.5 mi-3
£95003/250.5 mi-3
£99004/250.51 mi-3
£57503/240.52 miLindley Street, Scunthorpe3
£75012/240.53 miFotherby Road, Scunthorpe3
£85001/250.53 mi-3
£80004/250.58 mi-3

Local Area Statistics

Population in DN17

37,168

Population in Scunthorpe

105,498

Town centre distance

1.21 miles away

Nearest school

0.20 miles away

Nearest train station

1.43 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £107,500

October 29, 2024

Listed for £110,000

February 5, 2024

Floor Plans

Description

  • Offered with NO CHAIN +
  • Convenient Location +
  • Council Tax Band A +
  • Ideal for a First Time Buyer or Investor +
  • Off-Road Parking +
  • Three Bedrooms +

Walshe's Property is delighted to present this three bed semi detached property to the local sales market which is situated in a convenient area of Scunthorpe, offering great connections to Ashby High Street and local schools.

Internally, on the ground floor the property offers a lounge, kitchen/diner, lobby with WC.

On the first floor you are greeted with two double bedrooms, a third single bedroom and a wet room.

Externally, the property boasts a spacious rear enclosed garden which is mainly laid with lawn, an outbuilding ideal for storage, a separate wooden storage shed and an off-road parking space.
To the front of the property is a large lawned garden.

This property is offered with NO CHAIN and is ready to view immediately.

Agent Details

Walshe's Property, Scunthorpe

01724 514341

Next Steps?

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