3 Bed Semi-Detached House, Single Let, Scunthorpe, DN15 8QE, £90,000

Ferry Road, Scunthorpe, Lincolnshire, DN15 8QE - 5 views - 8 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£62K - £209K
Sold Prices/m²£585/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£85,125

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,399

Total Cash In

£27,899

 

 

Cash Out

 

Rent Range

£100 - £975

Rent Estimate

£700

Running Costs/mo

£441

Cashflow/mo

£259

Cashflow/yr

£3,105

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £62K to £209K, average is £110.5K. £585/m² to £2.1K/m², average is £922/m².

PriceDateDistanceAddressBeds 
£130.6K06/210.03 mi31, Ferry Road, Scunthorpe, Humberside DN15 8QF3
£85K04/210.05 mi114, Spencer Avenue, Scunthorpe, North Lincolnshire DN15 7SD3
£127.5K09/210.06 mi7, Hornsby Crescent, Scunthorpe, North East Lincolnshire DN15 7SE3
£115K06/210.06 mi4, Hornsby Crescent, Scunthorpe, North Lincolnshire DN15 7SE3
£111K07/230.06 mi29, Hornsby Crescent, Scunthorpe, North Lincolnshire DN15 7SE3
£155K02/230.06 mi31, Ferry Road, Scunthorpe, North Lincolnshire DN15 8QF3
£70K06/230.11 mi14, Theodore Road, Scunthorpe, North Lincolnshire DN15 7SF3
£140K11/210.13 mi11, Ferry Road, Scunthorpe, Humberside DN15 8QG3
£137K08/230.14 mi10, Crosby Avenue, Scunthorpe, North Lincolnshire DN15 8PB3
£80K10/210.14 mi99, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JG3
£71K01/210.15 mi96, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£93K12/200.15 mi110, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£82.5K07/230.15 mi98, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£82K07/230.17 mi102, Dale Street, Scunthorpe, North Lincolnshire DN15 7LR3
£135K09/210.19 mi10, Buckingham Avenue, Scunthorpe, North Lincolnshire DN15 8NP3
£209K05/230.19 mi16, Buckingham Avenue, Scunthorpe, North Lincolnshire DN15 8NP3
£183K03/230.21 mi67, Ferry Road, Scunthorpe, North Lincolnshire DN15 8LY3
£80K10/210.21 mi227, Frodingham Road, Scunthorpe, Humberside DN15 7NS3
£179.9K12/220.25 mi8, Connaught Road, Scunthorpe, North Lincolnshire DN15 8GU3
£75K01/230.25 mi52, Dale Street, Scunthorpe, North Lincolnshire DN15 7LP3
£66K12/200.27 mi1, Barnes Crescent, Scunthorpe, Humberside DN15 8NE3
£83K05/210.27 mi96, Burke Street, Scunthorpe, North Lincolnshire DN15 6DF3
£146K01/230.27 mi34, Portman Road, Scunthorpe, North Lincolnshire DN15 8PD3
£107.5K02/210.27 mi24, Portman Road, Scunthorpe, North Lincolnshire DN15 8PD3
£127K06/210.28 mi81, Bedford Way, Scunthorpe, North Lincolnshire DN15 8GF3
£66K12/200.28 mi54, Diana Street, Scunthorpe, North Lincolnshire DN15 6AX3
£130K11/200.28 mi3, Russell Close, Scunthorpe, North Lincolnshire DN15 8GW3
£142K09/230.28 mi5, Russell Close, Scunthorpe, North Lincolnshire DN15 8GW3
£92.3K08/210.29 mi206, Frodingham Road, Scunthorpe, North Lincolnshire DN15 7NN3
£80K01/230.31 mi29, Dale Street, Scunthorpe, North Lincolnshire DN15 7LW3
£137K02/230.31 mi104, Crosby Avenue, Scunthorpe, North Lincolnshire DN15 8NX3
£80K07/230.32 mi3, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JE3
£62K03/210.32 mi3, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JE3
£134K06/210.32 mi68, Reginald Road, Scunthorpe, North Lincolnshire DN15 8PF3
£118K04/210.34 mi16, Regents Close, Scunthorpe, North Lincolnshire DN15 8GY3
£85K06/230.34 mi2, Dale Street, Scunthorpe, North Lincolnshire DN15 7LW3
£163K08/210.34 mi1, Skippingdale Road, Scunthorpe, North Lincolnshire DN15 8NU3
£160K02/230.34 mi25, Skippingdale Road, Scunthorpe, North Lincolnshire DN15 8NU3
£125K03/230.34 mi37, Skippingdale Road, Scunthorpe, North Lincolnshire DN15 8NU3
£130K05/210.34 mi141, Connaught Road, Scunthorpe, North Lincolnshire DN15 8LF3
£140K02/230.34 mi55, Tomlinson Avenue, Scunthorpe, North Lincolnshire DN15 8HW3
£100K02/230.35 mi28, Granville Road, Scunthorpe, North Lincolnshire DN15 8GS3
£175K03/230.35 mi43, Granville Road, Scunthorpe, North Lincolnshire DN15 8GS3
£95K12/220.35 mi59, Tomlinson Avenue, Scunthorpe, North Lincolnshire DN15 8HW3
£135K01/230.35 mi40, Bedford Way, Scunthorpe, North Lincolnshire DN15 8GP3
£110K12/200.36 mi99, Buckingham Avenue, Scunthorpe, North Lincolnshire DN15 8NS3
£75K01/210.36 mi70, Berkeley Street, Scunthorpe, North Lincolnshire DN15 7LN3
£78K03/210.36 mi94, Portman Road, Scunthorpe, North Lincolnshire DN15 8PE3
£65K01/210.36 mi8, Spencer Avenue, Scunthorpe, North Lincolnshire DN15 7RY3
£85K05/210.37 mi89, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3

Local Rents

23 rents from £100/mo to £975/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£97503/250.07 mi-3
£90004/250.1 mi-3
£90001/250.14 mi-3
£90004/250.14 mi-3
£90004/250.14 mi-3
£70008/230.22 mi-3
£72505/240.22 mi-3
£72505/240.22 miCrosby Avenue, Scunthorpe, DN153
£79512/230.29 mi-3
£65012/240.29 mi-3
£51704/240.36 miBerkeley Street, Scunthorpe3
£10004/250.36 mi-3
£75001/240.37 mi-3
£75001/240.37 mi-3
£70012/240.37 mi-3
£72512/230.38 mi-3
£70002/230.38 mi-3
£90004/240.39 miGloucester Court, Scunthorpe3
£72504/230.52 mi-3
£85012/240.52 mi-3
£80012/240.53 mi-3
£80012/240.61 mi-3
£82504/230.62 mi-3

Local Area Statistics

Population in DN15

36,576

Population in Scunthorpe

105,498

Town centre distance

1.12 miles away

Nearest school

0.30 miles away

Nearest train station

0.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Price changed to £90,000

January 31, 2025

Price changed to £110,000

January 11, 2025

Listed for £139,950

August 21, 2024

Floor Plans

Description

  • FANTASTIC INVESTMENT OPPORTUNITY +
  • GENEROUS PRIVATE REAR GARDEN +
  • GREAT LOCATION +
  • NO CHAIN +
  • OFF ROAD PARKING +
  • SPACIOUS LOUNGE DINER +
  • THREE GENEROUS BEDROOMS +
  • TWO STOREY EXTENSION TO REAR +

NO CHAIN****SPACIOUS SEMI-DETACHED HOME

Located in the town centre this spacious semi-detached home would make a fantastic purchase for someone wanting a project offering a great amount of space both internally and externally with generous room sizes and a sizeable rear garden. The property is in a great location close to local amenities, shops, schools and much more. The home briefly comprises an entrance hall, lounge diner and kitchen to the ground floor. The first floor offers three bedrooms serviced by a family bathroom suite. Externally the property resides behind a small walled boundary leading onto a drive providing ample off road parking. The enclosed and private rear garden is mainly laid to lawn with a paved patio entertaining area. The garden also has the added benefit of a variety of useful storage sheds and potting sheds. Viewings are highly recommended!

Agent Details

Paul Fox, Scunthorpe

01724 514340

Next Steps?

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