4 Bed Terraced House, Single Let, Scunthorpe, DN15 7NP, £140,000

Frodingham Road, Scunthorpe, Lincolnshire, DN15 7NP - 6 months ago

BTL
~125 m²
+9 photos

ValuationUndervalued

Sold Prices£100K - £385K
Sold Prices/m²£752/m² - £3K/m²

 

 

Square Metres

~125.27 m²
Price/m²£1.1K/m²

Value Estimate

£172,200
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,500

Total Cash In

£43,500

 

 

Cash Out

 

Rent Range

£0 - £975

Rent Estimate

£531

Running Costs/mo

£564

Cashflow/mo

£-33

Cashflow/yr

£-392

Gross Yield

5%

Local Sold Prices

37 sold prices from £100K to £385K, average is £222.5K. £752/m² to £3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£170K04/210.18 mi35, Normanby Road, Scunthorpe, North Lincolnshire DN15 6AS4
£260K12/220.23 mi14, Buckingham Avenue, Scunthorpe, North Lincolnshire DN15 8NP4
£196.5K10/200.26 mi57, Bedford Way, Scunthorpe, North Lincolnshire DN15 8GP4
£220K03/230.26 mi55, Bedford Way, Scunthorpe, North Lincolnshire DN15 8GP4
£187.5K04/230.27 mi31, Granville Road, Scunthorpe, North Lincolnshire DN15 8GS4
£158K08/230.34 mi1b, Spencer Avenue, Scunthorpe, North Lincolnshire DN15 7RY4
£160K12/220.38 mi5, Henderson Crescent, Scunthorpe, North Lincolnshire DN15 7RR4
£150K03/230.61 mi22, Newborn Avenue, Scunthorpe, North Lincolnshire DN15 8JZ4
£250K06/210.69 mi2, Avenue Vivian, Scunthorpe, North Lincolnshire DN15 8JE4
£385K05/210.87 mi7, Kingfisher Close, Scunthorpe, Humberside DN15 8EJ4
£225K02/210.98 mi2, Pavilion Gardens, Scunthorpe, Humberside DN17 1AW4
£255K01/231.05 mi10, Russet Close, Scunthorpe, North Lincolnshire DN15 8YJ4
£270K02/231.05 mi30, Scotter Road, Scunthorpe, North Lincolnshire DN15 8DR4
£210K05/231.06 mi9, Neath Road, Scunthorpe, North Lincolnshire DN16 1LW4
£170K10/221.07 mi9, Woodlands Gardens, Scunthorpe, North Lincolnshire DN17 1BU4
£172K03/211.07 mi28, Sedgewood Way, Scunthorpe, North Lincolnshire DN15 8TA4
£255K06/231.07 mi26, Sedgewood Way, Scunthorpe, North Lincolnshire DN15 8TA4
£275K06/211.07 mi18, Sedgewood Way, Scunthorpe, North Lincolnshire DN15 8TA4
£162K04/211.14 mi19, Hartshead Avenue, Scunthorpe, North Lincolnshire DN15 8AG4
£265K09/211.15 mi56, Sorrel Way, Scunthorpe, North Lincolnshire DN15 8PL4
£170K07/231.15 mi22, Sorrel Way, Scunthorpe, North Lincolnshire DN15 8PL4
£159.9K03/211.17 mi13, Fairmont Crescent, Scunthorpe, North Lincolnshire DN16 1EL4
£235K07/211.24 mi110, Bushfield Road, Scunthorpe, North Lincolnshire DN16 1NA4
£240K03/211.24 mi102, Bushfield Road, Scunthorpe, Humberside DN16 1NA4
£222.5K10/201.28 mi12, Juniper Close, Scunthorpe, North Lincolnshire DN15 8YN4
£260K10/211.32 mi17, Willowmead Close, Scunthorpe, North Lincolnshire DN15 8US4
£178K02/211.36 mi30, Lloyds Avenue, Scunthorpe, North Lincolnshire DN17 1BX4
£265K05/211.39 mi19, Queensway, Scunthorpe, North Lincolnshire DN16 2BZ4
£187K06/211.5 mi13, Hamilton Road, Scunthorpe, North Lincolnshire DN17 1BD4
£270K11/221.57 mi153, Warwick Road, Scunthorpe, North Lincolnshire DN16 1HH4
£255.5K03/211.61 mi38, Weymouth Crescent, Scunthorpe, North Lincolnshire DN17 1TX4
£208K02/211.62 mi1, Bodmin Close, Scunthorpe, North Lincolnshire DN17 1TW4
£205K05/211.64 mi221, Ashby Road, Scunthorpe, North Lincolnshire DN16 2AA4
£320K10/211.85 mi87, West Common Gardens, Scunthorpe, North Lincolnshire DN17 1EJ4
£345K08/231.85 mi85, West Common Gardens, Scunthorpe, North Lincolnshire DN17 1EJ4
£265K10/211.85 mi285, Ashby Road, Scunthorpe, North Lincolnshire DN16 2AB4
£100K08/232 mi2, Rochester Close, Scunthorpe, North Lincolnshire DN17 1QB4

Local Rents

22 rents

RentDateDistanceAddressBeds 
£90001/250.12 mi-3
£90004/250.12 mi-3
£90004/250.12 mi-3
£90003/250.12 mi-3
£75001/240.16 mi-3
£75001/240.16 mi-3
£70012/240.16 mi-3
£65012/240.19 mi-3
£10003/250.2 mi-3
£97503/250.2 mi-3
£70008/230.3 mi-3
£72505/240.3 mi-3
£72505/240.3 miCrosby Avenue, Scunthorpe, DN153
£51704/240.3 miBerkeley Street, Scunthorpe3
£90004/240.31 miGloucester Court, Scunthorpe3
£72512/230.34 mi-3
£70002/230.34 mi-3
£79512/230.46 mi-3
£54511/230.54 mi-3
£72504/230.55 mi-3
£80012/240.55 mi-3
£001/230.61 miElizabeth Row (Accommodation Block) Commercial development to lease in High Street, Scunthorpe, North Lincolnshire, DN1546

Local Area Statistics

Population in DN15

36,576

Population in Scunthorpe

105,498

Town centre distance

1.04 miles away

Nearest school

0.20 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Price changed to £140,000

February 20, 2025

Price changed to £150,000

November 8, 2024

Listed for £160,000

September 30, 2024

Floor Plans

Description

  • TWO BEAUTIFULLY MODERNISED APARTMENTS +
  • CENTRAL TOWN LOCATION +
  • MODERN BREAKFASTING KITCHENS & BATHROOMS +
  • FOUR DOUBLE BEDROOMS +
  • GENEROUS LIVING ACCOMODATION +
  • PRIVATE REAR GARDEN +
  • FANTASTIC INVESTMENT OPPORTUNITY +

TWO BEAUTIFULLY RENOVATED APARTMENTSCENTRAL TOWN LOCATIONMODERN THROUGHOUT Situated in the town centre this beautifully presented semi-detached home has been converted into two spacious apartments and would make a fantastic investment opportunity. The properties are entered through a secure door leading onto a communal entrance hall with two internal doors providing access into the two separate apartments. The ground floor apartment comprises a spacious lounge, two double bedrooms, contemporary breakfasting kitchen and bathroom. This apartment has access to the generous private rear garden that is mainly laid to lawn. The first floor apartment features a lounge, large bedroom, modern breakfasting kitchen and an attractive fitted bathroom suite. Externally the home resides behind a small walled boudary leading onto a low maintenance frontage. Viewings are highly recommended!

Situated in the town centre this beautifully presented semi-detached home has been converted into two spacious apartments and would make a fantastic investment opportunity. The properties are entered through a secure door leading onto a communal entrance hall with two internal doors providing access into the two separate apartments. The ground floor apartment comprises a spacious lounge, two double bedrooms, contemporary breakfasting kitchen and bathroom. This apartment has access to the generous private rear garden that is mainly laid to lawn. The first floor apartment features a lounge, large bedroom, modern breakfasting kitchen and an attractive fitted bathroom suite. Externally the home resides behind a small walled boudary leading onto a low maintenance frontage. 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 💪