2 Bed Semi-Detached House, Single Let, Scunthorpe, DN16 3DH, £116,000

16 Churchfield Road, Scunthorpe, DN16 3DH - 9 months ago

Sold STC
BTL
ROI: 1%
~66 m²
+10 photos

ValuationUndervalued

Sold Prices£52.5K - £210K
Sold Prices/m²£707/m² - £2.9K/m²

 

 

Square Metres

~65.78 m²
Price/m²£1.8K/m²

Value Estimate

£120,691
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£29,000

Stamp Duty & Legal Fees

£7,000

Total Cash In

£36,000

 

 

Cash Out

 

Rent Range

£500 - £595

Rent Estimate

£502

Running Costs/mo

£483

Cashflow/mo

£19

Cashflow/yr

£229

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £52.5K to £210K, average is £110K. £707/m² to £2.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£85K08/210.14 mi37, Mackender Court, Scunthorpe, North Lincolnshire DN16 2JW2
£92K05/230.14 mi33, Mackender Court, Scunthorpe, North Lincolnshire DN16 2JW2
£120K12/220.19 mi38, Alexandra Road, Scunthorpe, North Lincolnshire DN16 2SF2
£75K03/230.21 mi1a, Alexandra Road, Scunthorpe, North Lincolnshire DN16 2SF2
£52.5K07/210.25 mi3, Ashberry Drive, Scunthorpe, North Lincolnshire DN16 2RH2
£145K08/230.25 mi16, Ashberry Drive, Scunthorpe, North Lincolnshire DN16 2RH2
£139K02/230.26 mi10, Ashberry Drive, Scunthorpe, North Lincolnshire DN16 2RH2
£95K09/210.26 mi49, Victoria Road, Scunthorpe, North Lincolnshire DN16 2RZ2
£90K01/230.28 mi15, Lindley Street, Scunthorpe, North Lincolnshire DN16 2SG2
£155K04/210.31 mi15, Albert Road, Scunthorpe, North Lincolnshire DN16 2TN2
£159.9K01/210.31 mi17, Albert Road, Scunthorpe, North Lincolnshire DN16 2TN2
£53K01/210.38 mi58, Ashby High Street, Scunthorpe, North Lincolnshire DN16 2ND2
£130K11/200.43 mi1, Lincoln Gardens, Scunthorpe, North Lincolnshire DN16 2HN2
£102K12/220.46 mi23, Smithfield Road, Scunthorpe, North Lincolnshire DN16 2NJ2
£140K12/220.46 mi21, Nuffield Close, Scunthorpe, North Lincolnshire DN16 3JZ2
£110K10/220.47 mi30, Messingham Road, Scunthorpe, North Lincolnshire DN17 2DA2
£78K07/230.47 mi26, Messingham Road, Scunthorpe, North Lincolnshire DN17 2DA2
£130K09/210.47 mi9, Nuffield Close, Scunthorpe, North Lincolnshire DN16 3JZ2
£210K09/210.48 mi5, Peterhouse Court, Bottesford, Scunthorpe, North Lincolnshire DN16 3ND2
£100K11/220.5 mi27, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3AR2
£90K09/210.5 mi53, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3AR2
£82.5K02/210.51 mi2, Salvation Court, Scunthorpe, North Lincolnshire DN16 2NA2
£72.5K10/210.52 mi69, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3BW2
£90K11/200.53 mi41, North Parade, Scunthorpe, North Lincolnshire DN16 2PQ2
£81K08/230.53 mi37, North Parade, Scunthorpe, North Lincolnshire DN16 2PQ2
£110K07/210.54 mi34, Priory Road, Scunthorpe, North Lincolnshire DN17 1HY2
£150K12/200.54 mi8, Mountbatten Close, Bottesford, Scunthorpe, Humberside DN16 3LZ2
£162.5K08/210.54 mi10, Mountbatten Close, Bottesford, Scunthorpe, North Lincolnshire DN16 3LZ2
£110K11/200.56 mi15, Priory Lane, Scunthorpe, North Lincolnshire DN17 1HS2
£175K11/220.57 mi44, Grammar School Walk, Scunthorpe, North Lincolnshire DN16 3NQ2
£138.9K03/230.59 mi315, Ashby Road, Scunthorpe, North Lincolnshire DN16 2AB2
£140K07/230.6 mi2, Wyredale Road, Scunthorpe, North Lincolnshire DN16 2PZ2
£79K12/200.62 mi58, Ville Road, Scunthorpe, North Lincolnshire DN16 2NW2
£79K12/200.62 mi58, Ville Road, Scunthorpe, North Lincolnshire DN16 2NW2
£102K01/210.62 mi18, Ivy House Court, Scunthorpe, North Lincolnshire DN16 3GS2
£121K03/230.63 mi14, Tilia Close, Scunthorpe, North Lincolnshire DN16 3GP2
£101.5K01/210.64 mi12, Nutwood View, Scunthorpe, North Lincolnshire DN16 3GN2
£105K06/210.64 mi26, Nutwood View, Scunthorpe, North Lincolnshire DN16 3GN2
£167K02/210.7 mi9, Lunedale Road, Scunthorpe, Humberside DN16 2RA2
£202.5K10/230.7 mi9, Lunedale Road, Scunthorpe, North Lincolnshire DN16 2RA2
£103K05/210.7 mi78, Abbots Road, Scunthorpe, North Lincolnshire DN17 1JG2
£129.9K12/220.71 mi15, Nutwell Court, Scunthorpe, North Lincolnshire DN16 3GL2
£114K08/210.71 mi29, Nutwell Court, Scunthorpe, North Lincolnshire DN16 3GL2
£110K10/210.71 mi5, Nutwell Court, Scunthorpe, North Lincolnshire DN16 3GL2
£120.5K05/230.71 mi21, Nutwell Court, Scunthorpe, North Lincolnshire DN16 3GL2
£122K05/210.72 mi69, Abbey Road, Scunthorpe, North Lincolnshire DN17 1JW2
£130K05/230.72 mi77, Abbey Road, Scunthorpe, North Lincolnshire DN17 1JW2
£117.5K02/210.72 mi9, Pinewood Close, Scunthorpe, North Lincolnshire DN16 3FB2
£106.5K05/210.73 mi9, Oakwell Close, Scunthorpe, North Lincolnshire DN16 3FD2
£128.3K02/210.73 mi2, Chamomile Close, Scunthorpe, North Lincolnshire DN16 3DB2

Local Rents

10 rents from £500/mo to £595/mo, average is £550/mo.

RentDateDistanceAddressBeds 
£51904/240.1 miWalnut Tree Way, Scunthorpe2
£55004/240.13 mi-2
£55011/240.13 mi-2
£57504/240.15 miMackender Court, Scunthorpe2
£50009/230.15 mi-2
£50003/250.17 mi-2
£55003/240.32 miBelmont Street, Scunthorpe2
£52304/240.44 miThe Cottages Lincoln Gardens, Scunthorpe2
£55004/240.49 miGrange Lane South, Scunthorpe2
£59512/230.52 mi-2

Local Area Statistics

Population in DN16

31,697

Population in Scunthorpe

105,498

Town centre distance

1.26 miles away

Nearest school

0.30 miles away

Nearest train station

1.48 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Price changed to £116,000

November 8, 2024

Listed for £120,000

July 15, 2024

Floor Plans

Description

  • Excellent value two bedroom home +
  • Close to Ashby +
  • Immaculate and neutral decor +
  • Parking and a low maintenance garden +
  • Kitchen diner +
  • Good room sizes +
  • EPC rating D +
  • Council tax band A +

Immaculately presented is this two bedroom semi in a very convenient location within Ashby, Scunthorpe. Excellent value and ideal as a first time home or a buy to let, it has clean, neutral décor and a low maintenance finish. The layout is good too, with a kitchen diner across the back, good size lounge with open fire, two double bedrooms and a bathroom with a four piece suite. Outside there is parking for two cars at the front and a secure rear garden with a patio and astroturf lawn. Available with no chain, please contact us to book your appointment.

Hall -

Lounge - 4.25 x 3.97 (13'11" x 13'0") -

Kitchen Diner - 4.94 x 2.81 (16'2" x 9'2") -

Landing -

Bedroom One - 4.94 x 3.12 (16'2" x 10'2" ) -

Bedroom Two - 3.55 x 2.91 (11'7" x 9'6") -

Bathroom - 2.54 x 2.03 (8'3" x 6'7") -

Outside -

Agent Details

EA Ben Cade, Scunthorpe

01724 706881

Next Steps?

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