3 Bed Semi-Detached House, Single Let, Scunthorpe, DN15 9XN, £85,000

Teanby Drive, Winterton, Scunthorpe, North Lincolnshire, DN15 9XN - 10 months ago

Sold STC
BTL
ROI: 7%
~59 m²
+5 photos

ValuationUndervalued

Sold Prices£96K - £295K
Sold Prices/m²£1.2K/m² - £3.1K/m²

 

 

Square Metres

~58.76 m²
Price/m²£1.4K/m²

Value Estimate

£105,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£482 - £750

Rent Estimate

£556

Running Costs/mo

£397

Cashflow/mo

£159

Cashflow/yr

£1,910

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £96K to £295K, average is £154K. £1.2K/m² to £3.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£105K03/210.09 mi37, Neville Crescent, Winterton, Scunthorpe, North Lincolnshire DN15 9XL3
£96K09/210.09 mi23, De Lacy Way, Winterton, Scunthorpe, North Lincolnshire DN15 9XT3
£110K12/200.12 mi3, Boynton Crescent, Winterton, Scunthorpe, North Lincolnshire DN15 9XP3
£150K07/230.12 mi37, Boynton Crescent, Winterton, Scunthorpe, North Lincolnshire DN15 9XP3
£146.5K11/210.17 mi48, Earlsgate, Winterton, Scunthorpe, North Lincolnshire DN15 9XA3
£193K02/210.17 miLarkfield, 34, Earlsgate, Winterton, Scunthorpe, North Lincolnshire DN15 9XA3
£295K06/230.17 mi58, Earlsgate, Winterton, Scunthorpe, North Lincolnshire DN15 9XA3
£145K10/200.17 mi27, Saffre Close, Winterton, Scunthorpe, North Lincolnshire DN15 9YN3
£143K04/210.17 mi11, Saffre Close, Winterton, Scunthorpe, North Lincolnshire DN15 9YN3
£150K04/210.17 mi10, Saffre Close, Winterton, Scunthorpe, North Lincolnshire DN15 9YN3
£161K05/210.18 mi9, Walker Drive, Winterton, Scunthorpe, North Lincolnshire DN15 9PW3
£178K01/210.23 mi26, Lincoln Drive, Winterton, Scunthorpe, North Lincolnshire DN15 9SN3
£155K08/210.23 mi4, Lincoln Drive, Winterton, Scunthorpe, North Lincolnshire DN15 9SN3
£155K07/230.23 mi12, Lincoln Drive, Winterton, Scunthorpe, North Lincolnshire DN15 9SN3
£138K08/210.25 mi120, Earlsgate, Winterton, Scunthorpe, North Lincolnshire DN15 9XD3
£158K11/200.26 miKenmoor, Leek Hill, Winterton, Scunthorpe, North Lincolnshire DN15 9SR3
£151K02/210.27 mi4, Earlsgate Gardens, Winterton, Scunthorpe, North Lincolnshire DN15 9TN3
£122K05/210.27 mi7, Earlsgate Gardens, Winterton, Scunthorpe, North Lincolnshire DN15 9TN3
£139.9K03/210.27 mi2, Earlsgate Gardens, Winterton, Scunthorpe, North Lincolnshire DN15 9TN3
£145K07/230.29 mi16, Northlands Avenue, Winterton, Scunthorpe, North Lincolnshire DN15 9QA3
£153K01/210.29 mi4, Low Street, Winterton, Scunthorpe, North Lincolnshire DN15 9RS3
£155K03/210.29 mi42, Low Street, Winterton, Scunthorpe, North Lincolnshire DN15 9RS3
£177.5K11/200.31 mi20, Westwinds Road, Winterton, Scunthorpe, North Lincolnshire DN15 9RX3
£206K06/230.31 mi2, Westwinds Road, Winterton, Scunthorpe, North Lincolnshire DN15 9RX3
£160K10/210.32 mi49, Low Street, Winterton, Scunthorpe, North Lincolnshire DN15 9RT3
£130K11/210.33 mi84, Northlands Road, Winterton, Scunthorpe, North Lincolnshire DN15 9UN3
£190K07/210.34 mi7, Farndale Way, Winterton, Scunthorpe, North Lincolnshire DN15 9UZ3
£199.9K08/210.34 mi47, Northlands Road, Winterton, Scunthorpe, North Lincolnshire DN15 9UL3
£138K08/230.34 mi81, Northlands Road, Winterton, Scunthorpe, North Lincolnshire DN15 9UL3
£138K07/210.34 mi9, Wesley Close, Winterton, Scunthorpe, North Lincolnshire DN15 9QB3
£160K11/220.35 mi19, Bennett Drive, Winterton, Scunthorpe, North Lincolnshire DN15 9SG3
£147K08/210.37 mi1, Driffil Way, Winterton, Scunthorpe, North Lincolnshire DN15 9SF3
£156K04/210.38 mi36, Dale Park Avenue, Winterton, Scunthorpe, North Lincolnshire DN15 9UY3
£156K07/230.38 mi36, Dale Park Avenue, Winterton, Scunthorpe, North Lincolnshire DN15 9UY3
£131K11/200.39 mi18, Hawthorne Close, Winterton, Scunthorpe, North Lincolnshire DN15 9YT3
£145K07/230.46 mi136, Northlands Road, Winterton, Scunthorpe, North Lincolnshire DN15 9UW3
£202K05/230.47 miBryn Aur, Queen Street, Winterton, Scunthorpe, North Lincolnshire DN15 9TS3
£138.5K02/230.52 mi11, King Street, Winterton, Scunthorpe, North Lincolnshire DN15 9TP3
£128K11/200.52 mi13a, King Street, Winterton, Scunthorpe, North Lincolnshire DN15 9TP3
£147K08/230.52 mi13a, King Street, Winterton, Scunthorpe, North Lincolnshire DN15 9TP3
£215K04/210.54 mi19, Burgon Crescent, Winterton, Scunthorpe, North Lincolnshire DN15 9GB3
£215K07/210.54 mi9, Burgon Crescent, Winterton, Scunthorpe, North Lincolnshire DN15 9GB3
£247.5K03/230.64 mi78, North Street, Winterton, Scunthorpe, North Lincolnshire DN15 9QN3
£120K03/230.64 mi2, North Street, Winterton, Scunthorpe, North Lincolnshire DN15 9QN3
£179.9K12/200.69 mi14, Crakedale Road, Winterton, Scunthorpe, North Lincolnshire DN15 9UT3
£229K06/230.75 mi4, Mount Avenue, Winterton, Scunthorpe, North Lincolnshire DN15 9UU3
£161.5K04/230.77 mi39, Cemetery Road, Winterton, Scunthorpe, North Lincolnshire DN15 9UG3
£161K11/200.77 mi69, Cemetery Road, Winterton, Scunthorpe, North Lincolnshire DN15 9UG3
£144.9K11/210.77 mi5, Parkhill Rise, Winterton, Scunthorpe, North Lincolnshire DN15 9UE3
£272.5K12/200.98 mi5, North Street, Roxby, Scunthorpe, North Lincolnshire DN15 0BL3

Local Rents

6 rents from £482/mo to £750/mo, average is £660/mo.

RentDateDistanceAddressBeds 
£48204/240.08 miFowler Court, Winterton2
£62003/240.11 miBoynton Crescent, Winterton3
£75005/240.12 miBoynton Crescent, Scunthorpe3
£74904/240.17 mi-3
£70003/240.23 mi-3
£60003/240.32 miLow Street, Winterton1

Local Area Statistics

Population in DN15

36,576

Population in Scunthorpe

105,498

Town centre distance

5.40 miles away

Nearest school

0.40 miles away

Nearest train station

5.02 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Price changed to £85,000

January 15, 2025

Price changed to £95,000

November 8, 2024

Listed for £100,000

June 18, 2024

Floor Plans

Description

  • NO ONWARD CHAIN!!! +
  • Sold with Tenant in Situ +
  • Semi-Detached House +
  • Kitchen/Diner +
  • Three-Piece Family Bathroom +
  • Enclosed Rear Garden +
  • Ample Off-Road Parking and Single Garage +
  • Popular Village Location +
  • EPC: D | Tenure: Freehold | Council Tax: A +

ARE YOU LOOKING FOR AN INVESTMENT OPPORTUNITY IN A LOVLEY VILLAGE LOCATION??

Being sold with a tenant in Situ.

Exciting opportunity to purchase this spacious three-bedroom semi-detached family home that is situated on Teanby Drive in the popular township of Winterton that is offered with NO CHAIN for ease of purchase. Boasting a generous lounge, a spacious kitchen/diner and a three-piece family bathroom. This property also from benefits ample off-road parking with a single garage, and a generous rear garden and lends itself perfectly to first-time buyers, families or investors looking to add to their portfolio for the busy rental market in the area.

Step Inside
A front porch allows access through a uPVC entrance door that opens into a welcoming hallway with stairs leading to the first floor and a storage cupboard. Leading of the hallway is the front-facing lounge that provides ample space for a family to relax and enjoy the feature fireplace. To the rear of the property is a generous dual aspect kitchen/diner that offers a range of wooden fronted base wall mounted cabinets, a stainless-steel sink and boasts French doors leading out into the rear garden.
To the first floor is the front facing master bedroom boasting fitted wardrobes, an additional double bedroom that overlooks the rear garden and boasts storage cupboards and an additional front aspect single bedroom that completes the sleeping accommodation. All are served by the fully tiled three-piece bathroom with a bath with a shower mixer tap, a hand wash basin and W.C.

Step Outside
Externally, the property benefits from a low maintenance enclosed front garden that is mainly pebbled for ease and a concrete driveway provides ample off-road parking and leads to the single garage. A timber gate allows access down the side aspect of the property to the rear garden that is predominantly laid to lawn and features a patio seating area for entertaining friends and family with an enclosed ’catio’ with all being enclosed with timber fence panels for privacy.

Location
Situated in the heart of Winterton, a charming rural town in North Lincolnshire, this superb property offers something special for families seeking a picturesque lifestyle. Located approximately 5 miles North-East of Scunthorpe and just 2.5 miles from the renowned tourist attraction of Normanby Hall, Winterton boasts a wealth of amenities.
Within the town, residents enjoy access to shops, thriving businesses, public houses, and social clubs, providing ample opportunities for leisure and recreation. Health care needs are well catered for with a doctors' surgery, pharmacy, dentists, and an optician all conveniently located. For everyday essentials, there's a Tesco Extra and Co-op nearby.

Families will appreciate the educational facilities within Winterton, with infants, primary, and secondary schools all within reach. Transportation is convenient, with regular bus routes traversing the town, including a service every 30 minutes to Central Scunthorpe and beyond to the North Bank, ensuring connectivity to surrounding areas.

Agent Details

DDM Residential, Scunthorpe

01724 514335

Next Steps?

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