3 Bed Semi-Detached House, Single Let, Scunthorpe, DN17 2EL, £124,950

38 Ferriby Road, Scunthorpe, North Lincolnshire, DN17 2EL - 4 views - 8 months ago

BTL
ROI: 4%
82 m²
+2 photos

ValuationOvervalued

Sold Prices£58K - £315K
Sold Prices/m²£624/m² - £2.3K/m²

 

 

Square Metres

81.94 m²
Price/m²£1.5K/m²

Value Estimate

£110,812

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,238

Stamp Duty & Legal Fees

£4,949

Total Cash In

£36,186

 

 

Cash Out

 

Rent Range

£495 - £1,300

Rent Estimate

£650

Running Costs/mo

£540

Cashflow/mo

£110

Cashflow/yr

£1,314

ROI

4%

Gross Yield

6%

Local Sold Prices

51 sold prices from £58K to £315K, average is £117K. £624/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£103K08/210.06 mi18, Caenby Road, Scunthorpe, North Lincolnshire DN17 2EW3
£85.5K04/210.08 mi46, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£128K06/230.08 mi38, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£115K08/230.08 mi17, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£135K11/220.09 mi146, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BG3
£129.9K07/230.1 mi10, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£129.9K07/230.1 mi10, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£129.9K08/230.1 mi12, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£117K11/220.17 mi90, Somerby Road, Scunthorpe, North Lincolnshire DN17 2EU3
£110K05/210.17 mi94, Somerby Road, Scunthorpe, North Lincolnshire DN17 2EU3
£103K10/200.2 mi56, Willoughby Road, Scunthorpe, North Lincolnshire DN17 2DH3
£119K04/230.21 mi18, Ormsby Road, Scunthorpe, North Lincolnshire DN17 2JG3
£65.5K10/200.22 mi49, Spilsby Road, Scunthorpe, North Lincolnshire DN17 2JH3
£88K07/210.22 mi39, Maltby Road, Scunthorpe, North Lincolnshire DN17 2JE3
£78K04/210.23 mi14, Manor Farm Road, Scunthorpe, North Lincolnshire DN17 1LF3
£110K12/210.23 mi6, Manor Farm Road, Scunthorpe, North Lincolnshire DN17 1LF3
£120K02/210.23 mi3, Cloister Close, Scunthorpe, North Lincolnshire DN17 1WA3
£118K01/210.24 mi238, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BH3
£135K04/230.25 mi10, Mavis Road, Scunthorpe, North Lincolnshire DN17 1NA3
£131.5K07/230.25 mi36, Salmonby Road, Scunthorpe, North Lincolnshire DN17 2JJ3
£124.5K08/230.25 mi16, Salmonby Road, Scunthorpe, North Lincolnshire DN17 2JJ3
£83K02/210.26 mi45, Morley Road, Scunthorpe, North Lincolnshire DN17 2DW3
£91.2K12/200.27 mi16, Aylesby Road, Scunthorpe, North Lincolnshire DN17 2DR3
£115K04/210.27 mi34, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DN3
£135K10/210.27 mi57, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DL3
£199.5K05/230.3 mi99, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DF3
£100K11/200.3 mi41, Enderby Road, Scunthorpe, North Lincolnshire DN17 2HB3
£145K12/220.3 mi143, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DF3
£115K05/210.31 mi32, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DN3
£147K03/210.31 mi98, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DE3
£315K10/230.31 mi46, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DE3
£115K06/210.32 mi40, Enderby Road, Scunthorpe, North Lincolnshire DN17 2HD3
£110K04/230.32 mi60, Enderby Road, Scunthorpe, North Lincolnshire DN17 2HD3
£115K11/210.32 mi114, Willoughby Road, Scunthorpe, North Lincolnshire DN17 2NW3
£110K09/220.32 mi43, Wragby Road, Scunthorpe, North Lincolnshire DN17 2HG3
£98K11/200.33 mi6, Ulceby Road, Scunthorpe, North Lincolnshire DN17 2HF3
£95K01/230.33 mi42, Dragonby Road, Scunthorpe, North Lincolnshire DN17 2LD3
£110K02/210.34 mi7, Dean Road, Scunthorpe, North Lincolnshire DN17 1HG3
£130K10/210.34 mi46, Dean Road, Scunthorpe, North Lincolnshire DN17 1HG3
£116K11/210.34 mi24, Angerstein Road, Scunthorpe, North Lincolnshire DN17 2NA3
£102.5K09/210.34 mi15, Searby Road, Scunthorpe, North Lincolnshire DN17 2JU3
£145K05/230.34 mi40, Kirkby Road, Scunthorpe, North Lincolnshire DN17 2JZ3
£58K02/210.38 mi8, Bridges Road, Scunthorpe, North Lincolnshire DN17 1LP3
£125K01/230.38 mi12, Bridges Road, Scunthorpe, North Lincolnshire DN17 1LP3
£115K05/230.38 mi2, Claxby Road, Scunthorpe, North Lincolnshire DN17 2DT3
£125K11/200.39 mi134, Enderby Road, Scunthorpe, North Lincolnshire DN17 2JS3
£182K01/230.39 mi62, Whitfield Road, Scunthorpe, North Lincolnshire DN17 1RQ3
£141K10/200.39 mi11, Whitfield Road, Scunthorpe, North Lincolnshire DN17 1RQ3
£122K07/210.4 mi72, Abbots Road, Scunthorpe, North Lincolnshire DN17 1JG3
£165K04/210.4 mi307, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BJ3
£123K07/230.41 mi20, Abbey Road, Scunthorpe, North Lincolnshire DN17 1JN3

Local Rents

31 rents from £495/mo to £1.3K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75012/240.34 miDean Road, SCUNTHORPE3
£90008/240.43 mi-3
£75003/250.45 mi-3
£75012/240.45 miFotherby Road, Scunthorpe3
£75012/240.57 mi-3
£75011/240.57 mi-3
£79511/240.57 mi-3
£97512/240.62 mi-3
£78012/240.65 mi-3
£80001/250.65 mi-3
£94512/240.67 mi-3
£85012/240.67 mi-3
£90003/250.68 mi-3
£69512/230.69 mi-3
£99003/250.7 mi-3
£95003/250.73 mi-3
£90002/250.74 mi-3
£90012/240.74 miWest Common Gardens, Scunthorpe3
£65004/240.78 miVictoria Road, Scunthorpe3
£49511/230.79 mi-3
£57503/240.83 miLindley Street, Scunthorpe3
£85001/250.84 mi-3
£80003/250.88 mi-3
£79504/250.91 mi-3
£85009/230.91 mi-3
£82501/250.96 mi-3
£67503/241.13 miPowells Crescent, Scunthorpe3
£1,30003/241.15 miSeabrook Drive, Scunthorpe3
£1,20004/241.15 miSeabrook Drive, Scunthorpe3
£63503/241.15 miCherry Grove, Scunthorpe3
£94012/241.19 miAppledore Crescent, Scunthorpe, DN173

Local Area Statistics

Population in DN17

37,168

Population in Scunthorpe

105,498

Town centre distance

1.45 miles away

Nearest school

0.40 miles away

Nearest train station

1.67 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £124,950

August 14, 2024

Sold for £75,000

2017

Sold for £61,000

2012

Sold for £35,000

2002

Description

  • Buy to let investment opportunity +
  • Traditional 3 bedroom semi detached house +
  • Popular residential area +
  • Gas central heating and upvc double glazing +
  • Lounge and separate dining room +
  • Well proportioned rear garden +
  • Generous sized driveway +
  • Proven tenancy in place +
  • EPC rating C +

Reference RF0897 - A traditional 3 bedroom semi detached house located in a popular residential area of Scunthorpe, offered for sale with the benefit of an ongoing tenancy generating £650 PCM. The property comes with all relevant certification required for renting properties with the tenant currently expressing the desire to continue with the tenancy for the foreseeable future. Accommodation briefly comprises of a reception hall, lounge, separate dining room, kitchen, 3 bedrooms, bathroom and a separate wc. The property comes equipped with gas central heating via  a combination boiler and upvc double glazing. Externally, a well proportioned rear garden is provided with ample off street parking via a driveway to the front.  Full details  below.... Upvc double glazed door to the Reception Hallway. With staircase to the 1st floor, wood finish flooring and radiator. Lounge. 18'1'' x 9'8'' A double aspect room with upvc double glazed window to the front elevation and upvc double glazed door to the rear garden. 2 Radiators.  Separate Dining Room. 10'6'' x 8'7'' With upvc double glazed window to the front elevation. Radiator and wood finish flooring. Kitchen. 13'7'' x 9'1'' With range of units to the base and high level with rolled edge work surface and inset moulded sink unit. Plumbing for a washing machine, useful understairs store cupboard. upvc double glazed door and window to the rear garden. Space for a fridge freezer. Landing. With wall mounted combination boiler by Worcester. Upvc double glazed window to the rear elevation.  Bedroom 1. 12'3'' x 10'6'' With useful built in store cupboard/wardrobe. Upvc double glazed window to the front and side elevation. Radiator Bedroom 2. 9'0'' x 8'9'' With useful built in store recess, radiator and upvc double glazed window to the front elevation. Bedroom 3. 8'9'' x 6'7'' With upvc double glazed window to the rear elevation. Radiator Bathroom. Fully tiled with a panel bath with shower attachment, pedestal wash hand basin, radiator and upvc double glazed window to the side elevation. Separate wc. With a low level wc and upvc double glazed window to the rear elevation.  Outside. A driveway facilitates off street parking . A gateway gives access to the side of the property and leads to the well proportioned rear garden with patio area and formal lawn.

Agent Details

eXp UK, East Midlands

03304 609968

Next Steps?

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