3 Bed Bungalow, Single Let, Scunthorpe, DN17 2RH, £120,000

Windsor Crescent, Yaddlethorpe, Lincolnshire, DN17 2RH - 7 months ago

Sold STC
Auction
BTL
ROI: 6%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£110K - £365K
Sold Prices/m²£1.2K/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£145,200
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£650 - £1,300

Rent Estimate

£731

Running Costs/mo

£541

Cashflow/mo

£190

Cashflow/yr

£2,278

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £110K to £365K, average is £180K. £1.2K/m² to £2.9K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£153K10/200.06 mi4, Stuart Close, Scunthorpe, North Lincolnshire DN17 2RL3
£365K06/230.12 mi4, High Garth, Bottesford, Scunthorpe, North Lincolnshire DN17 2UJ3
£117K11/200.12 mi309, Messingham Road, Scunthorpe, North Lincolnshire DN17 2QZ3
£196K11/210.15 mi24, Endcliffe Avenue, Scunthorpe, North Lincolnshire DN17 2RD3
£115K11/200.15 mi16, Endcliffe Avenue, Scunthorpe, North Lincolnshire DN17 2RD3
£222.5K11/200.15 mi62, Endcliffe Avenue, Scunthorpe, North Lincolnshire DN17 2RD3
£138K10/200.2 mi26, Langley Drive, Scunthorpe, North Lincolnshire DN16 3TY3
£139K03/210.2 mi16, Langley Drive, Scunthorpe, North Lincolnshire DN16 3TY3
£165K10/220.21 mi30, Langley Drive, Scunthorpe, North Lincolnshire DN16 3TY3
£253K01/210.23 mi40, Ellison Avenue, Scunthorpe, North Lincolnshire DN16 3TD3
£165K02/210.25 mi2, Rosedale, Scunthorpe, North Lincolnshire DN17 2TN3
£170K01/210.25 mi25, Rosedale, Scunthorpe, North Lincolnshire DN17 2TN3
£235K12/220.26 mi21, Ellison Avenue, Scunthorpe, North Lincolnshire DN16 3TD3
£165K12/220.3 mi1, Rosedale, Scunthorpe, North Lincolnshire DN17 2TN3
£174.5K11/200.3 mi2, Valley View Drive, Scunthorpe, North Lincolnshire DN16 3SF3
£193K08/210.3 mi20, Valley View Drive, Scunthorpe, North Lincolnshire DN16 3SF3
£190K08/230.31 mi3, Glanford Road, Scunthorpe, North Lincolnshire DN17 2PT3
£220K09/210.31 mi9, Glanford Road, Scunthorpe, North Lincolnshire DN17 2PT3
£215K02/230.32 mi31, Nursery Close, Scunthorpe, North Lincolnshire DN17 2UB3
£185K04/210.33 mi33, Lambourne Rise, Scunthorpe, North Lincolnshire DN16 3TN3
£150K06/210.34 mi7, Valley View Drive, Scunthorpe, North Lincolnshire DN16 3SG3
£208K12/220.34 mi149, Valley View Drive, Scunthorpe, North Lincolnshire DN16 3TJ3
£175K02/210.37 mi57, High Leys Road, Scunthorpe, North Lincolnshire DN17 2PZ3
£200K12/220.37 mi56, High Leys Road, Scunthorpe, North Lincolnshire DN17 2PZ3
£172K01/210.37 mi16, The Dales, Scunthorpe, Humberside DN17 2QF3
£222.5K03/230.37 mi3, The Dales, Scunthorpe, North Lincolnshire DN17 2QF3
£295K01/210.38 mi70, Manor Road, Scunthorpe, North Lincolnshire DN16 3PA3
£152K11/210.38 mi34, Manor Road, Scunthorpe, North Lincolnshire DN16 3PA3
£115.5K10/210.38 mi30, Manor Road, Scunthorpe, North Lincolnshire DN16 3PA3
£172.5K01/230.38 mi52, Manor Road, Scunthorpe, North Lincolnshire DN16 3PA3
£157K12/200.4 mi68, Ogilvy Drive, Scunthorpe, Humberside DN17 2PN3
£165K02/210.4 mi12, Ogilvy Drive, Scunthorpe, North Lincolnshire DN17 2PN3
£180K06/210.4 mi35, Jacklins Approach, Scunthorpe, North Lincolnshire DN16 3PF3
£190K12/220.41 mi24, Ogilvy Drive, Scunthorpe, North Lincolnshire DN17 2PN3
£207.5K01/230.43 mi9, Rileston Place, Scunthorpe, North Lincolnshire DN16 3SP3
£180K03/210.43 mi8, Eton Drive, Scunthorpe, North Lincolnshire DN17 2PH3
£169.9K01/210.43 mi56, Eton Drive, Scunthorpe, North Lincolnshire DN17 2PH3
£259.9K10/200.44 mi17, Emmanuel Drive, Scunthorpe, North Lincolnshire DN16 3PE3
£215K09/230.44 mi7, Emmanuel Drive, Scunthorpe, North Lincolnshire DN16 3PE3
£125K11/210.44 mi5, Fenners Avenue, Bottesford, Scunthorpe, North Lincolnshire DN17 2GH3
£232K08/230.45 mi14, Brankwell Crescent, Scunthorpe, North Lincolnshire DN17 2QB3
£133K08/210.46 mi113, Valley View Drive, Scunthorpe, North Lincolnshire DN16 3SY3
£310K08/210.46 mi154, Moorwell Road, Scunthorpe, North Lincolnshire DN17 2SY3
£165K06/210.46 mi94, Moorwell Road, Scunthorpe, North Lincolnshire DN17 2SY3
£204K03/230.47 mi285, Messingham Road, Scunthorpe, North Lincolnshire DN17 2QX3
£190K04/210.47 mi11, Pembroke Avenue, Scunthorpe, North Lincolnshire DN16 3LN3
£300K03/230.47 mi9, Pembroke Avenue, Scunthorpe, North Lincolnshire DN16 3LN3
£215K05/230.47 mi14, Chesney Drive, Scunthorpe, North Lincolnshire DN16 3QL3
£145K09/210.48 mi14, Jesmond Avenue, Bottesford, Scunthorpe, North Lincolnshire DN17 2GJ3
£110K12/200.48 mi272, Messingham Road, Scunthorpe, North Lincolnshire DN17 2QY3

Local Rents

15 rents from £650/mo to £1.3K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£1,30003/240.16 miSeabrook Drive, Scunthorpe3
£1,20004/240.16 miSeabrook Drive, Scunthorpe3
£85003/240.22 miValley View Drive, Bottesford, Scunthorpe, DN163
£79504/250.48 mi-3
£94512/240.5 mi-3
£90003/250.55 mi-3
£75012/240.69 miFotherby Road, Scunthorpe3
£75003/250.71 mi-3
£99003/250.89 mi-3
£85009/230.92 mi-3
£70007/240.99 mi-3
£95003/251.02 mi-3
£90008/241.06 mi-3
£82501/251.11 mi-3
£65004/241.22 miVictoria Road, Scunthorpe3

Local Area Statistics

Population in DN17

37,168

Population in Scunthorpe

105,498

Town centre distance

2.34 miles away

Nearest school

0.30 miles away

Nearest train station

2.57 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £120,000

March 4, 2025

Price changed to £135,000

February 16, 2025

Price changed to £150,000

January 31, 2025

Listed for £181,950

August 21, 2024

Description

  • 3 BEDROOMS +
  • DRIVEWAY & ATTACHED SINGLE GARAGE +
  • FITTED KITCHEN & BATHROOM +
  • GENEROUS SOUTH FACING REAR GARDEN +
  • NO UPWARD CHAIN +
  • SPACIOUS MAIN LOUNGE DINING ROOM +
  • TRADITIONAL DETACHED BUNGALOW +
  • VIEW VIA OUR SCUNTHORPE OFFICE +
  • WELL REGARDED RESIDENTIAL AREA +

**NO UPWARD CHAIN
**WELL REGARDED RESIDENTIAL AREA
**GENEROUS SOUTH FACING GARDEN
**MODERN METHOD OF AUCTION

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.5% to a minimum of £6,600.00 including VAT 4.5% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,600.00 including VAT. which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Northern Lincolnshire Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.**

A traditional detached bungalow situated within a well regarded residential area, offering deceptively spacious accommodation comprising, front entrance hall, spacious main lounge through diner, fitted kitchen, inner hallway leading off to 3 bedrooms and a main bathroom. The front provides a hardstanding driveway that leads to an attached single garage. Side access leads to a generous south facing low maintenance garden. Finished with full uPvc double glazing and a gas fired central heating system. Viewing comes highly recommended. View via our Scunthorpe office. EPC Rating: TBC, Council Tax Band: C.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.5% to a minimum of £6,600.00 including VAT 4.5% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,600.00 including VAT. which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Northern Lincolnshire Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.**

Agent Details

Paul Fox, Scunthorpe

01724 514340

Next Steps?

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