2 Bed Flat, Single Let, Scunthorpe, DN15 6JQ, £90,000

Dunstall Street, Scunthorpe, DN15 6JQ - 5 views - 9 months ago

Leasehold
BTL
ROI: 4%
~50 m²
+1 photos

ValuationOvervalued

Sold Prices£35.5K - £108K
Sold Prices/m²£480/m² - £1.5K/m²

 

 

Square Metres

~49.90 m²
Price/m²£1.8K/m²

Value Estimate

£51,306

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£467 - £900

Rent Estimate

£496

Running Costs/mo

£400

Cashflow/mo

£96

Cashflow/yr

£1,147

ROI

4%

Gross Yield

7%

Local Sold Prices

43 sold prices from £35.5K to £108K, average is £70K. £480/m² to £1.5K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£90.3K03/220 miApartment 111, Linea, Dunstall Street, Scunthorpe, North Lincolnshire DN15 6JQ2
£70K10/210.23 mi3, Crowston Walk, Scunthorpe, Humberside DN15 6RT2
£47.5K03/210.51 mi16, Earls Walk, Scunthorpe, North Lincolnshire DN16 1HB2
£48K07/220.51 mi34, Earls Walk, Scunthorpe, North Lincolnshire DN16 1HB2
£100K03/230.72 mi148, Doncaster Road, Scunthorpe, North Lincolnshire DN15 7DN2
£105K10/220.77 mi140, Doncaster Road, Scunthorpe, North Lincolnshire DN15 7DN2
£80K02/220.81 mi8, The Chequers, Scunthorpe, North Lincolnshire DN15 8YG2
£90K11/220.81 mi14, The Chequers, Scunthorpe, North Lincolnshire DN15 8YG2
£108K01/230.81 mi7, The Chequers, Scunthorpe, North Lincolnshire DN15 8YG2
£85.8K05/210.81 mi17, The Chequers, Scunthorpe, North Lincolnshire DN15 8YG2
£72.5K08/221 mi20, Revesby Court, Scunthorpe, North Lincolnshire DN16 2EF2
£75K10/231 mi22, Revesby Court, Scunthorpe, North Lincolnshire DN16 2EF2
£76.5K11/221.2 mi12b, Beechway, Scunthorpe, North Lincolnshire DN16 2HF2
£47K02/211.21 mi80, Warley Road, Scunthorpe, North Lincolnshire DN16 1PX2
£55K05/211.32 mi154, Warley Road, Scunthorpe, North Lincolnshire DN16 1PR2
£60K06/231.35 mi22, Wilkie Close, Scunthorpe, North Lincolnshire DN15 8BH2
£76.5K09/221.36 mi45, Cherry Grove, Scunthorpe, North Lincolnshire DN16 2TQ2
£75K05/221.36 mi39, Cherry Grove, Scunthorpe, North Lincolnshire DN16 2TQ2
£68.5K02/221.4 mi133, Cherry Grove, Scunthorpe, North Lincolnshire DN16 2TH2
£55K03/221.42 mi35, Padstow Walk, Scunthorpe, North Lincolnshire DN17 1UH2
£51.7K11/221.43 mi43, Hilton Avenue, Scunthorpe, North Lincolnshire DN15 8BB2
£65K05/221.43 mi265, Queensway, Scunthorpe, North Lincolnshire DN16 2PJ2
£90.5K04/221.43 mi49, Edgemere, Scunthorpe, North Lincolnshire DN15 7ES2
£65K09/221.43 mi41, Hilton Avenue, Scunthorpe, North Lincolnshire DN15 8BB2
£76.5K04/221.46 mi28, Kensington Road, Scunthorpe, North Lincolnshire DN15 8BQ2
£43K06/231.46 mi17, Kensington Road, Scunthorpe, North Lincolnshire DN15 8BQ2
£65K04/221.51 mi100, Hilton Avenue, Scunthorpe, North Lincolnshire DN15 8BD2
£63.3K05/231.54 mi4, Collum House Road, Scunthorpe, North Lincolnshire DN16 2EJ2
£67K02/221.61 mi68, St Albans Close, Scunthorpe, North Lincolnshire DN17 1QY2
£60K12/221.7 mi36, Grange Lane North, Scunthorpe, North Lincolnshire DN16 1RW2
£35.5K03/211.7 mi36, Grange Lane North, Scunthorpe, North Lincolnshire DN16 1RW2
£52K02/221.73 mi47a, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RX2
£67K04/211.78 mi68, Everest Road, Scunthorpe, North Lincolnshire DN16 3EE2
£80K06/221.84 mi16, Derwent Road, Scunthorpe, North Lincolnshire DN16 2PF2
£72K02/221.85 mi15a, Ancaster Court, Scunthorpe, North Lincolnshire DN17 2DD2
£72K08/221.85 mi73, Ancaster Court, Scunthorpe, North Lincolnshire DN17 2DD2
£59K07/211.85 mi35, Ville Road, Scunthorpe, North Lincolnshire DN16 2NP2
£72.5K03/211.85 mi47, Ancaster Court, Scunthorpe, North Lincolnshire DN17 2DD2
£71K11/211.86 mi40, Ancaster Court, Scunthorpe, North Lincolnshire DN17 2UF2
£53K03/231.88 mi54, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3AT2
£71K12/211.89 mi78, Everest Road, Scunthorpe, Humberside DN16 3EB2
£71K12/211.89 mi78, Everest Road, Scunthorpe, Humberside DN16 3EB2
£68.5K03/231.92 mi39, Southfield Road, Scunthorpe, North Lincolnshire DN16 3BX2

Local Rents

32 rents from £467/mo to £900/mo, average is £624/mo.

RentDateDistanceAddressBeds 
£65004/240 miApartment , Linea, Dunstall Street, Scunthorpe2
£65001/250.04 mi-2
£90003/250.07 mi-2
£90004/250.07 mi-2
£85005/240.1 mi-2
£62503/250.1 mi-2
£70011/240.1 mi-2
£85005/240.1 miOld Charter Hall, Scunthorpe, DN152
£49502/240.14 mi-2
£75011/230.17 mi-2
£60003/240.23 miWest Street, Scunthorpe2
£53001/250.24 mi-2
£60003/240.27 miHigh Street, Scunthorpe2
£65005/240.28 miTeale Street, Scunthorpe2
£57503/240.28 miThe Old Drill Hall, Cole Street, Scunthorpe, North Lincolnshire, DN152
£55005/240.37 mi-2
£55012/240.37 mi-2
£55004/240.37 miFrodingham Road, Scunthorpe, DN152
£55004/240.37 miFrodingham Road, Scunthorpe, DN152
£55004/240.37 miFrodingham Road, Scunthorpe, DN152
£55005/240.37 miFrodingham Road, Scunthorpe, DN152
£46705/240.42 miCrosby House Flats, Scunthorpe2
£57502/240.52 mi-2
£55003/240.53 miTrent Street, Scunthorpe2
£62503/240.53 miBluebell Close, Scunthorpe2
£62805/240.58 mi-2
£62801/250.58 mi-2
£62802/250.58 mi-2
£62405/240.58 miFrodingham Road, Scunthorpe, DN152
£62405/240.58 miFrodingham Road, Scunthorpe, DN152
£70003/240.59 miCromwell Avenue, Scunthorpe2
£50003/240.61 miHenderson Avenue, SCUNTHORPE2

Local Area Statistics

Population in DN15

36,576

Population in Scunthorpe

105,498

Town centre distance

0.44 miles away

Nearest school

0.30 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £90,000

August 1, 2024

Floor Plans

Description

  • Pre-Tenanted Investment Opportunity +
  • Located Within a Close Proximity to the Town Centre +
  • Two Double Bedrooms +
  • EPC Rating C +

PRE-TENANTED INVESTMENT OPPORTUNITY

Walshe's Property is delighted to bring this two bedroomed second floor flat to the market, situated in a convenient location within walking distance to the town centre.

Internally, the property offers a spacious kitchen/lounge, two double bedrooms and a bathroom with a fitted three piece suite.

This property is on a leasehold tenure, for more information on this, please contact the office.

Agent Details

Walshe's Property, Scunthorpe

01724 514341

Next Steps?

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