3 Bed Terraced House, Single Let, Scunthorpe, DN15 7LY, £85,000

Sheffield Street, Scunthorpe, DN15 7LY - 3 views - 10 months ago

Sold STC
BTL
ROI: 6%
~84 m²
+5 photos

ValuationOvervalued

Sold Prices£48K - £155K
Sold Prices/m²£568/m² - £1.9K/m²

 

 

Square Metres

~83.50 m²
Price/m²£1K/m²

Value Estimate

£70,034

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,750

Total Cash In

£25,000

 

 

Cash Out

 

Rent Range

£100 - £1,000

Rent Estimate

£521

Running Costs/mo

£390

Cashflow/mo

£131

Cashflow/yr

£1,574

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £48K to £155K, average is £80K. £568/m² to £1.9K/m², average is £875/m².

PriceDateDistanceAddressBeds 
£80K01/230.04 mi29, Dale Street, Scunthorpe, North Lincolnshire DN15 7LW3
£75K01/230.05 mi52, Dale Street, Scunthorpe, North Lincolnshire DN15 7LP3
£85K06/230.06 mi2, Dale Street, Scunthorpe, North Lincolnshire DN15 7LW3
£80K07/230.07 mi3, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JE3
£62K03/210.07 mi3, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JE3
£92.3K08/210.08 mi206, Frodingham Road, Scunthorpe, North Lincolnshire DN15 7NN3
£75K01/210.09 mi70, Berkeley Street, Scunthorpe, North Lincolnshire DN15 7LN3
£71K01/210.14 mi96, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£93K12/200.14 mi110, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£82.5K07/230.14 mi98, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£82K07/230.14 mi102, Dale Street, Scunthorpe, North Lincolnshire DN15 7LR3
£80K10/210.14 mi99, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JG3
£51K10/200.14 mi56, Sheffield Street, Scunthorpe, North Lincolnshire DN15 6DN3
£80K10/210.15 mi227, Frodingham Road, Scunthorpe, Humberside DN15 7NS3
£48K12/200.16 mi19, Smith Street, Scunthorpe, North Lincolnshire DN15 7LG3
£65K01/210.16 mi8, Spencer Avenue, Scunthorpe, North Lincolnshire DN15 7RY3
£83K05/210.16 mi96, Burke Street, Scunthorpe, North Lincolnshire DN15 6DF3
£70K07/230.17 mi6, Mulgrave Street, Scunthorpe, North Lincolnshire DN15 6DH3
£65K12/200.17 mi13, Percival Street, Scunthorpe, North Lincolnshire DN15 6JD3
£50K01/210.19 mi54, Mulgrave Street, Scunthorpe, North Lincolnshire DN15 6DQ3
£50K05/210.19 mi36, Sheffield Street, Scunthorpe, North Lincolnshire DN15 6DL3
£66K12/200.2 mi54, Diana Street, Scunthorpe, North Lincolnshire DN15 6AX3
£82K07/230.2 mi53, Fox Street, Scunthorpe, North Lincolnshire DN15 7LD3
£69K03/230.2 mi4, Porter Street, Scunthorpe, North Lincolnshire DN15 6JA3
£75K03/230.2 mi12, Porter Street, Scunthorpe, North Lincolnshire DN15 6JA3
£50K05/230.2 mi13, Porter Street, Scunthorpe, North Lincolnshire DN15 6JA3
£70K06/230.21 mi14, Theodore Road, Scunthorpe, North Lincolnshire DN15 7SF3
£130K08/220.21 mi77, Berkeley Street, Scunthorpe, North Lincolnshire DN15 6BJ3
£65K04/210.22 mi37, Teale Street, Scunthorpe, North Lincolnshire DN15 6JB3
£59.7K02/210.22 mi40, Teale Street, Scunthorpe, North Lincolnshire DN15 6JB3
£95K11/220.22 mi51, Grosvenor Street, Scunthorpe, North Lincolnshire DN15 6BE3
£85K04/210.23 mi114, Spencer Avenue, Scunthorpe, North Lincolnshire DN15 7SD3
£140K11/210.25 mi11, Ferry Road, Scunthorpe, Humberside DN15 8QG3
£127.5K09/210.25 mi7, Hornsby Crescent, Scunthorpe, North East Lincolnshire DN15 7SE3
£115K06/210.25 mi4, Hornsby Crescent, Scunthorpe, North Lincolnshire DN15 7SE3
£111K07/230.25 mi29, Hornsby Crescent, Scunthorpe, North Lincolnshire DN15 7SE3
£50K05/210.27 mi4, George Street, Scunthorpe, North Lincolnshire DN15 6BG3
£73.5K04/230.27 mi83, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£85K05/210.27 mi89, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£64.5K11/220.27 mi105, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£62K05/210.27 mi121, West Street, Scunthorpe, North Lincolnshire DN15 6HX3
£95K11/220.27 mi99, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£155K02/230.28 mi31, Ferry Road, Scunthorpe, North Lincolnshire DN15 8QF3
£130.6K06/210.28 mi31, Ferry Road, Scunthorpe, Humberside DN15 8QF3
£100K07/230.34 mi8, Henry Street, Scunthorpe, North Lincolnshire DN15 7QQ3
£129K01/210.35 mi3, Donnington Gardens, Scunthorpe, North Lincolnshire DN15 7RJ3
£150K12/200.36 mi98, Doncaster Road, Scunthorpe, North Lincolnshire DN15 7DE3
£137K08/230.37 mi10, Crosby Avenue, Scunthorpe, North Lincolnshire DN15 8PB3
£155K12/220.38 mi223, Mary Street, Scunthorpe, North Lincolnshire DN15 7QH3
£125K08/230.39 mi11, Exeter Road, Scunthorpe, North Lincolnshire DN15 7AS3

Local Rents

29 rents from £100/mo to £1K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£65012/240.02 mi-3
£51704/240.12 miBerkeley Street, Scunthorpe3
£10003/250.12 mi-3
£90001/250.14 mi-3
£90003/250.14 mi-3
£90004/250.14 mi-3
£90003/250.19 mi-3
£75001/240.27 mi-3
£75001/240.27 mi-3
£70012/240.27 mi-3
£97503/250.31 mi-3
£72504/230.37 mi-3
£80012/240.37 mi-3
£54511/230.41 mi-3
£70008/230.45 mi-3
£72505/240.45 mi-3
£72505/240.45 miCrosby Avenue, Scunthorpe, DN153
£85005/240.48 miExeter Road, Scunthorpe, DN153
£90004/240.5 miGloucester Court, Scunthorpe3
£72512/230.52 mi-3
£70002/230.52 mi-3
£79512/230.56 mi-3
£85001/240.56 mi-3
£85012/240.56 mi-3
£92504/240.6 miVicarage Gardens, Scunthorpe3
£92504/240.6 miVicarage Gardens, Scunthorpe3
£85002/250.6 mi-3
£1,00002/250.61 mi-3
£90004/250.61 mi-3

Local Area Statistics

Population in DN15

36,576

Population in Scunthorpe

105,498

Town centre distance

0.87 miles away

Nearest school

0.20 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £85,000

June 17, 2024

Sold for £70,000

2007

Sold for £24,950

2001

Floor Plans

Description

  • Ideal Investment Opportunity +
  • Three Double Bedrooms +
  • Convenient Location +
  • Council Tax Band A +
  • Rear Enclosed Garden +
  • No Onward Chain +

NO ONWARD CHAIN

Walshe's property brings to the market this three bedroom mid-terrace property located on Sheffield Street in Scunthorpe, which is within walking distance of the town centre.

Internally, the property has two generous reception rooms, a kitchen and downstairs bathroom.

On the first floor, the property offers two double bedrooms, a third single bedroom and a WC.

Externally the property offers an enclosed garden which is easily maintainable.

Agent Details

Walshe's Property, Scunthorpe

01724 514341

Next Steps?

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