3 Bed Detached House, Refurb/BRRR, Scunthorpe, DN17 4NR, £269,950

18 Isle Close, Scunthorpe, North Lincolnshire, DN17 4NR - 6 months ago

Refurb/BRRR
124 m²
+18 photos

ValuationOvervalued

Sold Prices£90K - £460K
Sold Prices/m²£1.2K/m² - £5.8K/m²

 

 

Square Metres

124 m²
Price/m²£2.2K/m²

Value Estimate

£230,773

 

 

End Value (After Refurb)

£245,261

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,488

Stamp Duty & Legal Fees

£11,100

Refurb Costs

£49,143

Bridging Loan Interest

£7,086

Total Cash In

£136,567

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£245,261

Mortgage (After Refinance)

£183,946

Mortgage LTV

75%

Cash Left In

£136,567

Equity

£61,315

Rent Range

£425 - £900

Rent Estimate

£579

Running Costs/mo

£902

Cashflow/mo

£-323

Cashflow/yr

£-3,879

Gross Yield

3%

Local Sold Prices

35 sold prices from £90K to £460K, average is £174K. £1.2K/m² to £5.8K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£222K12/200.03 mi22, Isle Close, Crowle, Scunthorpe, North Lincolnshire DN17 4NR3
£155K02/210.07 mi42b, Eastoft Road, Crowle, Scunthorpe, North Lincolnshire DN17 4LR3
£167.5K05/210.07 mi42a, Eastoft Road, Crowle, Scunthorpe, North Lincolnshire DN17 4LR3
£216.5K07/230.16 mi1, Cross Slack, Crowle, Scunthorpe, North Lincolnshire DN17 4LY3
£100K02/210.27 mi1, Low Cross Street, Crowle, Scunthorpe, North Lincolnshire DN17 4NA3
£200K06/210.3 mi22, North Street, Crowle, Scunthorpe, North Lincolnshire DN17 4NE3
£215K02/230.3 mi3, Cox Lane, Crowle, Scunthorpe, North Lincolnshire DN17 4NG3
£102K10/200.35 mi31, High Street, Crowle, Scunthorpe, North Lincolnshire DN17 4LD3
£90K04/210.37 mi6, Church Lane, Crowle, Scunthorpe, North Lincolnshire DN17 4LQ3
£112.5K11/220.38 mi15, Printing Office Lane, Crowle, Scunthorpe, North Lincolnshire DN17 4FL3
£260K06/210.4 mi9, Kesteven Grove, Crowle, Scunthorpe, North Lincolnshire DN17 4NX3
£245K01/230.5 mi44, Fieldside, Crowle, Scunthorpe, North Lincolnshire DN17 4HH3
£215K03/210.52 mi7b, Johnsons Lane, Crowle, Scunthorpe, North Lincolnshire DN17 4EW3
£245K08/210.58 mi9, Potts Lane, Crowle, Scunthorpe, North Lincolnshire DN17 4DT3
£127.5K01/210.59 mi69, Windsor Road, Crowle, Scunthorpe, North Lincolnshire DN17 4EL3
£174K10/220.61 mi18, Saffron Way, Crowle, Scunthorpe, North Lincolnshire DN17 4GL3
£177.5K08/230.61 mi4, Saffron Way, Crowle, Scunthorpe, North Lincolnshire DN17 4GL3
£170K10/210.62 mi25, Windsor Crescent, Crowle, Scunthorpe, North Lincolnshire DN17 4EN3
£160K08/210.64 mi36, Queens Drive, Crowle, Scunthorpe, North Lincolnshire DN17 4DL3
£190K10/210.64 mi19, Queens Drive, Crowle, Scunthorpe, North Lincolnshire DN17 4DL3
£165K11/200.64 mi11, Queens Drive, Crowle, Scunthorpe, North Lincolnshire DN17 4DL3
£132.5K04/210.64 mi10, Queens Drive, Crowle, Scunthorpe, North Lincolnshire DN17 4DL3
£172.5K01/230.64 mi39, Queens Drive, Crowle, Scunthorpe, North Lincolnshire DN17 4DL3
£179K04/210.64 mi2, Queens Drive, Crowle, Scunthorpe, North Lincolnshire DN17 4DL3
£169.9K01/210.64 mi27, Queens Drive, Crowle, Scunthorpe, North Lincolnshire DN17 4DL3
£120K02/210.66 mi8, Crowland Road, Crowle, Scunthorpe, North Lincolnshire DN17 4DY3
£206K03/210.7 mi30, Wharf Road, Crowle, Scunthorpe, North Lincolnshire DN17 4HS3
£164K05/230.7 mi27a, Wharf Road, Crowle, Scunthorpe, North Lincolnshire DN17 4HS3
£163.5K11/200.72 mi80, Windsor Road, Crowle, Scunthorpe, North Lincolnshire DN17 4EF3
£117K07/210.72 mi95, Windsor Road, Crowle, Scunthorpe, North Lincolnshire DN17 4EF3
£230K05/210.77 mi46, Godnow Road, Crowle, Scunthorpe, North Lincolnshire DN17 4EA3
£188K04/210.82 mi64, Wharf Road, Crowle, Scunthorpe, North Lincolnshire DN17 4HU3
£268K01/210.84 mi43, Wharf Road, Crowle, Scunthorpe, North Lincolnshire DN17 4HU3
£340K10/230.88 mi36, Westbourne Drive, Crowle, Scunthorpe, North Lincolnshire DN17 4HX3
£460K06/230.92 mi89, Godnow Road, Crowle, Scunthorpe, North Lincolnshire DN17 4EE3

Local Rents

15 rents from £425/mo to £900/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75012/240.11 mi-3
£62512/240.23 miHolme Stead Court, Crowle2
£90004/250.26 mi-3
£43011/230.32 mi-1
£90009/240.32 mi-3
£47502/240.35 mi-1
£47502/240.35 mi-1
£47507/240.35 mi-1
£52512/240.36 miFieldside, Crowle1
£42504/250.46 mi-1
£80010/240.5 mi-3
£80003/250.5 mi-3
£77505/240.62 mi-2
£85003/250.64 mi-3
£85008/241.48 mi-3

Local Area Statistics

Population in DN17

37,168

Population in Scunthorpe

105,498

Town centre distance

7.61 miles away

Nearest school

0.40 miles away

Nearest train station

1.68 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £269,950

February 4, 2025

Listed for £280,000

October 15, 2024

Sold for £143,000

2003

Floor Plans

Description

  • EPC Rating E +
  • Council Tax Band D +
  • NO CHAIN +

Bella Properties are presenting to the market this deceptively spacious, detached house which holds an abundance of potential for personalisation and modernisation. Excellently located within proximity to local amenities, this property is ideally suited for families seeking a home to shape into their perfect living space.

The property offers a spacious lounge and dining area, a conservatory making an additional sitting room, a downstairs W/C and utility, three bedrooms, two of which are double in size and one with built in wardrobes, an attached garage with additional storage space, off road parking and lovely views to the front.

Well maintained throughout and with the added benefit of no ongoing chain, this property is sure to have widespread appeal. Viewings are now available!

Hallway - Entrance to the property is via the front uPVC door and into the hallway. Carpeted with coving to the ceiling, central heating radiator and uPVC window facing to the front of the property. Internal doors leading to the lounge/diner, kitchen and W/C. Carpeted stairs lead to the first floor accommodation.

Lounge/Diner - 7.95 x 3.57 (26'0" x 11'8") - Carpeted with coving to the ceiling, two central heating radiators and electric fireplace set on tiled and wood effect surround. uPVC bay window faces to the front of the property and uPVC sliding doors lead to the conservatory.

Kitchen - 3.84 x 3.54 (12'7" x 11'7") - Tiled and carpeted flooring with central heating radiator and uPVC window facing to the rear of the property. Base height and wall mounted units with integrated oven and grill and integrated sink and drainer.

Conservatory - 3.37 x 3.68 (11'0" x 12'0") - Brick based construction with carpet throughout, central heating radiator and uPVC windows and door to the rear garden.

W/C - 1.91 x 1.23 (6'3" x 4'0") - A two piece suite consisting of toilet and sink. uPVC window faces to the side of the property.

Utility - Space and plumbing for white goods. uPVC window faces to the front of the property.

Landing - Carpeted with uPVC window facing to the side of the property. Internal doors lead to all three bedrooms, storage cupboard and bathroom.

Bedroom One - 3.18 x 3.73 (10'5" x 12'2") - Carpeted with central heating radiator, built in storage and uPVC window facing to the front of the property.

Bedroom Two - 3.09 x 3.56 (10'1" x 11'8") - Carpeted with central heating radiator and uPVC window facing to the rear of the property.

Bedroom Three - 2.83 x 3.05 (9'3" x 10'0") - Carpeted with central heating radiator and uPVC window facing to the rear of the property.

Bathroom - 2.17 x 2.38 (7'1" x 7'9") - Tiled flooring with tiled walls, central heating radiator and uPVC window facing to the front of the property. A three piece suite consisting of bathtub, sink with vanity unit and toilet.

External - To the front of the property is a lawned garden with a driveway for off road parking. The driveway leads to the attached garage which measures 3.25m x 3.24m with additional storage area measuring 3.25m x 2.39m. Access to the rear is down the side of the property where you will find a garden which is laid to lawn with wooden summerhouse.

Disclaimer - The information displayed about this property comprises a property advertisement and is an illustration meant for use as a guide only. Bella Properties makes no warranty as to the accuracy or completeness of the information.

Agent Details

Bella Properties, Scunthorpe

01724 706790

Next Steps?

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