3 Bed Semi-Detached House, Single Let, Scunthorpe, DN16 1EZ, £90,000

Warwick Road, Scunthorpe, DN16 1EZ - 7 months ago

Auction
BTL
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£70K - £183K
Sold Prices/m²£782/m² - £1.8K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£108,900
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£100 - £3,200

Rent Estimate

£100

Running Costs/mo

£321

Cashflow/mo

£-221

Cashflow/yr

£-2,655

Gross Yield

1%

Local Sold Prices

50 sold prices from £70K to £183K, average is £117.3K. £782/m² to £1.8K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£105K12/200.06 mi79, Fairmont Crescent, Scunthorpe, North Lincolnshire DN16 1EL3
£95K12/200.06 mi25, Fairmont Crescent, Scunthorpe, North Lincolnshire DN16 1EL3
£145K08/230.08 mi21, Warwick Road, Scunthorpe, North Lincolnshire DN16 1ES3
£111.5K09/210.09 mi51, Warwick Road, Scunthorpe, North Lincolnshire DN16 1ES3
£145K02/230.11 mi15, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EW3
£110K12/200.11 mi30, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EW3
£135K04/230.14 mi7, Avon Road, Scunthorpe, North Lincolnshire DN16 1EP3
£102K09/210.16 mi172, Cottage Beck Road, Scunthorpe, North Lincolnshire DN16 1UA3
£87K11/210.17 mi56, Cemetery Road, Scunthorpe, North Lincolnshire DN16 1EA3
£132.5K05/210.18 mi89, Cemetery Road, Scunthorpe, North Lincolnshire DN16 1EB3
£88K02/210.2 mi105, Cottage Beck Road, Scunthorpe, North Lincolnshire DN16 1UE3
£138K12/200.21 mi102, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EU3
£175K05/210.21 mi110, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EU3
£152K08/210.21 mi106, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EU3
£142.5K12/200.22 mi32, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£107.5K11/200.22 mi15, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£119.5K06/230.22 mi50, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£70K07/230.22 mi9, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£82.5K07/210.23 mi10, Hallgarth Avenue, Scunthorpe, North Lincolnshire DN16 1UG3
£130K01/210.23 mi49, Bushfield Road, Scunthorpe, North Lincolnshire DN16 1ND3
£136K07/230.24 mi29, Neville Road, Scunthorpe, North Lincolnshire DN16 1TN3
£123K05/230.25 mi111, Rowland Road, Scunthorpe, North Lincolnshire DN16 1TA3
£183K03/230.27 miSlaidburn, Redbourn Way, Scunthorpe, North Lincolnshire DN16 1NG3
£155K11/200.29 mi58, Kenilworth Road, Scunthorpe, North Lincolnshire DN16 1EY3
£75K03/230.3 mi15, Winn Street, Scunthorpe, North Lincolnshire DN16 1TB3
£167K05/230.31 mi186, Cemetery Road, Scunthorpe, North Lincolnshire DN16 1NU3
£110K12/200.33 mi29, Hampton Road, Scunthorpe, North Lincolnshire DN16 1QJ3
£105K05/210.34 mi41, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LL3
£110K11/210.34 mi27, Sandhouse Crescent, Scunthorpe, North Lincolnshire DN16 1JF3
£110K05/230.34 mi28, Sandhouse Crescent, Scunthorpe, North Lincolnshire DN16 1JF3
£125K11/200.34 mi74, Rowland Road, Scunthorpe, North Lincolnshire DN16 1ST3
£137.5K07/230.35 mi12, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LN3
£127K12/200.35 mi9, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LN3
£112.5K02/210.36 mi12, Ivanhoe Road, Scunthorpe, North Lincolnshire DN16 1JJ3
£150K12/220.36 mi16, Neath Road, Scunthorpe, North Lincolnshire DN16 1LW3
£160K06/230.37 mi124, East Common Lane, Scunthorpe, North Lincolnshire DN16 1QG3
£166K12/220.39 mi55, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LR3
£147K03/230.4 mi69, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LR3
£132.5K08/230.41 mi9, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£103K05/210.41 mi18, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£115K06/210.41 mi22, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£95K11/200.41 mi3, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£112K11/220.43 mi46, Lilac Avenue, Scunthorpe, North Lincolnshire DN16 1JQ3
£115K07/230.43 mi9, Lavender Way, Scunthorpe, North Lincolnshire DN15 6BT3
£100K04/230.43 mi16, Rowmills Road, Scunthorpe, North Lincolnshire DN16 1HP3
£105K02/210.43 mi1, Rose Walk, Scunthorpe, North Lincolnshire DN15 6BU3
£132K08/230.43 mi28, Rose Walk, Scunthorpe, North Lincolnshire DN15 6BU3
£120K12/220.44 mi40, Rose Walk, Scunthorpe, North Lincolnshire DN15 6BU3
£79K02/210.44 mi232, East Common Lane, Scunthorpe, North Lincolnshire DN16 1HJ3
£100K04/210.44 mi226, East Common Lane, Scunthorpe, North Lincolnshire DN16 1HJ3

Local Rents

52 rents from £100/mo to £3.2K/mo, average is £788/mo.

RentDateDistanceAddressBeds 
£72512/230.09 mi-3
£80004/240.09 mi-3
£81502/250.09 mi-3
£79502/250.09 mi-3
£79502/250.09 mi-3
£67503/240.21 miHaig Avenue, Scunthorpe3
£75012/240.26 mi-3
£62503/240.39 miAbercorn Street, SCUNTHORPE3
£65003/240.4 miRowland Road, Scunthorpe3
£54511/230.69 mi-3
£1,00002/250.71 mi-3
£90004/250.71 mi-3
£80012/240.83 mi-3
£97504/250.85 mi-3
£78001/240.86 mi-3
£78001/240.86 mi-3
£63503/240.88 miCherry Grove, Scunthorpe3
£80003/250.89 mi-3
£85005/240.9 miExeter Road, Scunthorpe, DN153
£92504/240.93 miVicarage Gardens, Scunthorpe3
£92504/240.93 miVicarage Gardens, Scunthorpe3
£90012/240.96 miWest Common Gardens, Scunthorpe3
£90002/250.98 mi-3
£70004/241.01 miSt Johns Road, Scunthorpe, DN163
£85001/251.03 mi-3
£51704/241.03 miBerkeley Street, Scunthorpe3
£10003/251.03 mi-3
£72504/231.05 mi-3
£62503/241.06 miSmithfield Road, Scunthorpe3
£3,20001/251.06 mi-3
£57503/241.07 miLindley Street, Scunthorpe3
£57605/241.07 miChurch Lane, Scunthorpe, DN157HB3
£65012/241.08 mi-3
£49511/231.08 mi-3
£97512/241.09 mi-3
£69512/231.11 mi-3
£67503/241.12 miPowells Crescent, Scunthorpe3
£80004/251.13 mi-3
£70509/241.14 mi-3
£75001/241.15 mi-3
£75001/241.15 mi-3
£70012/241.15 mi-3
£85001/241.18 mi-3
£65004/241.19 miVictoria Road, Scunthorpe3
£75004/231.22 mi-3
£90001/251.23 mi-3
£90004/251.23 mi-3
£90004/251.23 mi-3
£1,00003/241.23 miChurch Lane, Scunthorpe, DN153
£1,00004/241.23 mi-3
£1,15003/251.23 mi-3
£85004/251.24 mi-3

Local Area Statistics

Population in DN16

31,697

Population in Scunthorpe

105,498

Town centre distance

0.45 miles away

Nearest school

0.30 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Price changed to £90,000

February 24, 2025

Price changed to £112,500

January 15, 2025

Price changed to £119,950

September 23, 2024

Listed for £124,950

August 27, 2024

Description

  • Vacant Possession +
  • No Onward Chain +
  • Investment Opportunity +
  • 3 Bedrooms +
  • 2 Reception Rooms +
  • UPVC Double Glazing +
  • Large Rear Garden +
  • Gas Central Heating +
  • Convenient Location +
  • Freehold +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £90,000 Exciting Opportunity: 3-Bedroom Semi-Detached Home with no onward chain Unlock the potential of this 3-bedroom semi-detached home, perfectly situated in a popular area of Scunthorpe. This property is ready for a complete cosmetic overhaul, making it the ideal project for those with a vision. With spacious rooms and a solid structure, this house offers the chance to design every detail to your taste. Imagine the possibilities as you breathe new life into this home, creating a personalized haven that reflects your unique style. This is a rare chance to craft your dream home in a location that's second to none!

Agent Details

Lovelle Estate Agency, Scunthorpe

01724 706844

Next Steps?

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