2 Bed Semi-Detached House, Single Let, Scunthorpe, DN16 2JW, £85,000

10 Mackender Court, Scunthorpe, DN16 2JW - 3 views - 6 months ago

BTL
ROI: 4%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£52.5K - £210K
Sold Prices/m²£707/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£112,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,900

Total Cash In

£25,150

 

 

Cash Out

 

Rent Range

£418 - £725

Rent Estimate

£490

Running Costs/mo

£384

Cashflow/mo

£106

Cashflow/yr

£1,277

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £52.5K to £210K, average is £110K. £707/m² to £2.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£85K08/210.03 mi37, Mackender Court, Scunthorpe, North Lincolnshire DN16 2JW2
£92K05/230.03 mi33, Mackender Court, Scunthorpe, North Lincolnshire DN16 2JW2
£52.5K07/210.13 mi3, Ashberry Drive, Scunthorpe, North Lincolnshire DN16 2RH2
£145K08/230.13 mi16, Ashberry Drive, Scunthorpe, North Lincolnshire DN16 2RH2
£139K02/230.14 mi10, Ashberry Drive, Scunthorpe, North Lincolnshire DN16 2RH2
£120K12/220.28 mi38, Alexandra Road, Scunthorpe, North Lincolnshire DN16 2SF2
£130K11/200.29 mi1, Lincoln Gardens, Scunthorpe, North Lincolnshire DN16 2HN2
£53K01/210.29 mi58, Ashby High Street, Scunthorpe, North Lincolnshire DN16 2ND2
£90K01/230.3 mi15, Lindley Street, Scunthorpe, North Lincolnshire DN16 2SG2
£75K03/230.31 mi1a, Alexandra Road, Scunthorpe, North Lincolnshire DN16 2SF2
£102K12/220.34 mi23, Smithfield Road, Scunthorpe, North Lincolnshire DN16 2NJ2
£95K09/210.36 mi49, Victoria Road, Scunthorpe, North Lincolnshire DN16 2RZ2
£82.5K02/210.39 mi2, Salvation Court, Scunthorpe, North Lincolnshire DN16 2NA2
£155K04/210.4 mi15, Albert Road, Scunthorpe, North Lincolnshire DN16 2TN2
£159.9K01/210.4 mi17, Albert Road, Scunthorpe, North Lincolnshire DN16 2TN2
£100K11/220.42 mi27, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3AR2
£90K09/210.42 mi53, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3AR2
£90K11/200.42 mi41, North Parade, Scunthorpe, North Lincolnshire DN16 2PQ2
£81K08/230.42 mi37, North Parade, Scunthorpe, North Lincolnshire DN16 2PQ2
£72.5K10/210.5 mi69, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3BW2
£79K12/200.52 mi58, Ville Road, Scunthorpe, North Lincolnshire DN16 2NW2
£79K12/200.52 mi58, Ville Road, Scunthorpe, North Lincolnshire DN16 2NW2
£140K07/230.55 mi2, Wyredale Road, Scunthorpe, North Lincolnshire DN16 2PZ2
£110K10/220.56 mi30, Messingham Road, Scunthorpe, North Lincolnshire DN17 2DA2
£78K07/230.56 mi26, Messingham Road, Scunthorpe, North Lincolnshire DN17 2DA2
£110K07/210.59 mi34, Priory Road, Scunthorpe, North Lincolnshire DN17 1HY2
£138.9K03/230.59 mi315, Ashby Road, Scunthorpe, North Lincolnshire DN16 2AB2
£110K11/200.6 mi15, Priory Lane, Scunthorpe, North Lincolnshire DN17 1HS2
£140K12/220.61 mi21, Nuffield Close, Scunthorpe, North Lincolnshire DN16 3JZ2
£130K09/210.61 mi9, Nuffield Close, Scunthorpe, North Lincolnshire DN16 3JZ2
£210K09/210.63 mi5, Peterhouse Court, Bottesford, Scunthorpe, North Lincolnshire DN16 3ND2
£167K02/210.64 mi9, Lunedale Road, Scunthorpe, Humberside DN16 2RA2
£202.5K10/230.64 mi9, Lunedale Road, Scunthorpe, North Lincolnshire DN16 2RA2
£175K11/220.64 mi44, Grammar School Walk, Scunthorpe, North Lincolnshire DN16 3NQ2
£86K02/210.67 mi1, Mill Croft, Scunthorpe, North Lincolnshire DN16 1QL2
£102K01/210.67 mi18, Ivy House Court, Scunthorpe, North Lincolnshire DN16 3GS2
£121K03/230.67 mi14, Tilia Close, Scunthorpe, North Lincolnshire DN16 3GP2
£101.5K01/210.68 mi12, Nutwood View, Scunthorpe, North Lincolnshire DN16 3GN2
£105K06/210.68 mi26, Nutwood View, Scunthorpe, North Lincolnshire DN16 3GN2
£86.5K01/230.68 mi248, Queensway, Scunthorpe, North Lincolnshire DN16 2JJ2
£150K12/200.69 mi8, Mountbatten Close, Bottesford, Scunthorpe, Humberside DN16 3LZ2
£162.5K08/210.69 mi10, Mountbatten Close, Bottesford, Scunthorpe, North Lincolnshire DN16 3LZ2
£95.3K01/210.69 mi51, Manifold Road, Scunthorpe, North Lincolnshire DN16 2RD2
£100K01/230.71 mi49, Manifold Road, Scunthorpe, North Lincolnshire DN16 2RD2
£120K06/210.72 mi20, Derwent Road, Scunthorpe, North Lincolnshire DN16 2NU2
£117K03/210.72 mi7, Rivelin Place, Scunthorpe, North Lincolnshire DN16 2BQ2
£128.3K02/210.73 mi2, Chamomile Close, Scunthorpe, North Lincolnshire DN16 3DB2
£129.9K12/220.74 mi15, Nutwell Court, Scunthorpe, North Lincolnshire DN16 3GL2
£114K08/210.74 mi29, Nutwell Court, Scunthorpe, North Lincolnshire DN16 3GL2
£110K10/210.74 mi5, Nutwell Court, Scunthorpe, North Lincolnshire DN16 3GL2

Local Rents

12 rents from £418/mo to £725/mo, average is £550/mo.

RentDateDistanceAddressBeds 
£55004/240.02 mi-2
£55010/240.02 mi-2
£57504/240.03 miMackender Court, Scunthorpe2
£50009/230.03 mi-2
£50003/250.03 mi-2
£51904/240.13 miWalnut Tree Way, Scunthorpe2
£72504/250.33 mi-2
£52304/240.34 miThe Cottages Lincoln Gardens, Scunthorpe2
£55003/240.35 miBelmont Street, Scunthorpe2
£59512/230.41 mi-2
£55004/240.41 miGrange Lane South, Scunthorpe2
£41805/240.6 miWarley Road, Scunthorpe2

Local Area Statistics

Population in DN16

31,697

Population in Scunthorpe

105,498

Town centre distance

1.17 miles away

Nearest school

0.20 miles away

Nearest train station

1.38 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Price changed to £85,000

February 28, 2025

Listed for £90,000

October 15, 2024

Floor Plans

Description

  • IDEAL FIRST TIME BUYER / FAMILY HOME, WHICH IS BEING OFFERED with NO ONWARD CHAIN +
  • TWO DOUBLE BEDROOMS +
  • LOW MAINTENANCE REAR YARD +
  • CENTRALLY LOCATED, CLOSE TO AMENITIES +

IDEAL FIRST TIME BUYER / FAMILY HOME, WHICH IS BEING OFFERED with NO ONWARD CHAIN! TWO DOUBLE BEDROOMS! LOW MAINTENANCE REAR YARD! CENTRALLY LOCATED, CLOSE TO AMENITIES!

This ideal first time buyer / family home, which is being offered with no onward chain, briefly comprises; a fitted kitchen, generous lounge, two double bedrooms and a bathroom. Externally the property offers a low maintenance rear garden, which is surrounded with fencing. In addition to this the home benefits from a gas central heating system and double glazing.
This home is located close to local schools, amenities and bus routes. Nearby there is Ashby, offering a variety of shops, restaurants and a weekly market. Viewing advised!

Front -

Garden - Low maintenance rear garden, surrounded with fencing, offering a degree of privacy.

Kitchen - 1.75m x 2.96m (5'8" x 9'8") - Fitted kitchen to the front of the home, with fitted units for storage.

Lounge - 3.65m x 3.30m (11'11" x 10'9") - Good sized lounge to the rear of the home, with sliding doors accessing the garden.

Bedroom 1 - 3.02m x 2.59m (9'10" x 8'5") - Double bedroom to the front of the property, with fitted storage.

Bedroom 2 - 2.98m x 1.96m (9'9" x 6'5") - Double bedroom to the rear aspect of the home, benefiting from fitted storage.

Bathroom - 2.02m x 1.70m (6'7" x 5'6") - Bathroom with neutral suite.

Agent Details

Hunters, Scunthorpe

01724 706794

Next Steps?

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