3 Bed Semi-Detached House, Single Let, Scunthorpe, DN17 2HH, £110,000

Coningsby Road, Scunthorpe, Lincolnshire, DN17 2HH - 6 months ago

BTL
ROI: 2%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£78K - £330K
Sold Prices/m²£943/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£131,096
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£495 - £1,300

Rent Estimate

£525

Running Costs/mo

£469

Cashflow/mo

£56

Cashflow/yr

£675

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £78K to £330K, average is £119.5K. £943/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£110K05/210.06 mi94, Somerby Road, Scunthorpe, North Lincolnshire DN17 2EU3
£117K11/220.06 mi90, Somerby Road, Scunthorpe, North Lincolnshire DN17 2EU3
£110K09/220.1 mi43, Wragby Road, Scunthorpe, North Lincolnshire DN17 2HG3
£131.5K07/230.11 mi36, Salmonby Road, Scunthorpe, North Lincolnshire DN17 2JJ3
£124.5K08/230.11 mi16, Salmonby Road, Scunthorpe, North Lincolnshire DN17 2JJ3
£98K11/200.13 mi6, Ulceby Road, Scunthorpe, North Lincolnshire DN17 2HF3
£119K04/230.17 mi18, Ormsby Road, Scunthorpe, North Lincolnshire DN17 2JG3
£100K11/200.18 mi41, Enderby Road, Scunthorpe, North Lincolnshire DN17 2HB3
£103K08/210.19 mi18, Caenby Road, Scunthorpe, North Lincolnshire DN17 2EW3
£115K06/210.19 mi40, Enderby Road, Scunthorpe, North Lincolnshire DN17 2HD3
£110K04/230.19 mi60, Enderby Road, Scunthorpe, North Lincolnshire DN17 2HD3
£88K07/210.2 mi39, Maltby Road, Scunthorpe, North Lincolnshire DN17 2JE3
£118K01/210.22 mi238, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BH3
£125K11/200.26 mi134, Enderby Road, Scunthorpe, North Lincolnshire DN17 2JS3
£102.5K09/210.26 mi15, Searby Road, Scunthorpe, North Lincolnshire DN17 2JU3
£135K11/220.29 mi146, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BG3
£129.9K07/230.3 mi10, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£129.9K07/230.3 mi10, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£129.9K08/230.3 mi12, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£145K05/230.3 mi40, Kirkby Road, Scunthorpe, North Lincolnshire DN17 2JZ3
£85.5K04/210.3 mi46, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£128K06/230.3 mi38, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£115K08/230.3 mi17, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£95K01/230.31 mi42, Dragonby Road, Scunthorpe, North Lincolnshire DN17 2LD3
£239.9K04/230.33 mi3, Stainton Drive, Scunthorpe, North Lincolnshire DN17 2SF3
£165K04/210.33 mi307, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BJ3
£115K11/210.33 mi114, Willoughby Road, Scunthorpe, North Lincolnshire DN17 2NW3
£119.5K05/210.34 mi28, Low Leys Road, Scunthorpe, North Lincolnshire DN17 2SE3
£165K02/230.34 mi28, Low Leys Road, Scunthorpe, North Lincolnshire DN17 2SE3
£145K04/230.34 mi4, Low Leys Road, Scunthorpe, North Lincolnshire DN17 2SE3
£187K07/230.34 mi26, Low Leys Road, Scunthorpe, North Lincolnshire DN17 2SE3
£129K01/210.35 mi27, Quebec Road, Scunthorpe, North Lincolnshire DN17 2TB3
£108K12/220.36 mi29, Goodwood, Scunthorpe, North Lincolnshire DN17 2TP3
£330K07/230.37 mi6, Conifer Close, Scunthorpe, North Lincolnshire DN17 2AH3
£190K06/230.37 mi9, Ottawa Road, Scunthorpe, North Lincolnshire DN17 2TG3
£133K09/210.37 mi160, Enderby Road, Scunthorpe, North Lincolnshire DN17 2JX3
£295K11/200.38 mi3, Betula Way, Scunthorpe, North Lincolnshire DN17 2AF3
£182K01/230.4 mi62, Whitfield Road, Scunthorpe, North Lincolnshire DN17 1RQ3
£83K02/210.4 mi45, Morley Road, Scunthorpe, North Lincolnshire DN17 2DW3
£165K11/220.4 mi53, Bolingbroke Road, Scunthorpe, North Lincolnshire DN17 2NJ3
£108K10/200.41 mi46, Byfield Road, Scunthorpe, North Lincolnshire DN17 1RL3
£152K03/230.41 mi26, Byfield Road, Scunthorpe, North Lincolnshire DN17 1RL3
£210K01/210.41 mi31, Quebec Road, Scunthorpe, North Lincolnshire DN17 2TH3
£117K02/210.42 mi22, Fotherby Road, Scunthorpe, North Lincolnshire DN17 2NL3
£94.5K04/210.42 mi7, Fotherby Road, Scunthorpe, North Lincolnshire DN17 2NL3
£115K03/210.42 mi33, Byfield Road, Scunthorpe, North Lincolnshire DN17 1RW3
£114K11/210.42 mi45, Byfield Road, Scunthorpe, North Lincolnshire DN17 1RW3
£139.9K12/200.43 mi125, Willoughby Road, Scunthorpe, North Lincolnshire DN17 2NF3
£78K04/210.44 mi14, Manor Farm Road, Scunthorpe, North Lincolnshire DN17 1LF3
£110K12/210.44 mi6, Manor Farm Road, Scunthorpe, North Lincolnshire DN17 1LF3
£135K04/230.44 mi10, Mavis Road, Scunthorpe, North Lincolnshire DN17 1NA3

Local Rents

32 rents from £495/mo to £1.3K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75012/240.43 miFotherby Road, Scunthorpe3
£75003/250.45 mi-3
£90004/250.52 mi-3
£78012/240.53 mi-3
£80002/250.53 mi-3
£94501/250.54 mi-3
£75012/240.56 miDean Road, SCUNTHORPE3
£90008/240.6 mi-3
£75012/240.63 mi-3
£75011/240.63 mi-3
£79511/240.64 mi-3
£80004/250.69 mi-3
£85012/240.71 mi-3
£79503/250.74 mi-3
£99004/250.81 mi-3
£97512/240.84 mi-3
£95003/250.87 mi-3
£69512/230.89 mi-3
£90002/250.95 mi-3
£65004/240.95 miVictoria Road, Scunthorpe3
£90012/240.96 miWest Common Gardens, Scunthorpe3
£49511/230.98 mi-3
£70004/251.01 mi-3
£85009/231.02 mi-3
£57503/241.02 miLindley Street, Scunthorpe3
£85001/251.04 mi-3
£80004/251.06 mi-3
£1,30003/241.09 miSeabrook Drive, Scunthorpe3
£1,20004/241.09 miSeabrook Drive, Scunthorpe3
£80003/251.1 mi-3
£82502/251.1 mi-3
£85003/241.21 miValley View Drive, Bottesford, Scunthorpe, DN163

Local Area Statistics

Population in DN17

37,168

Population in Scunthorpe

105,498

Town centre distance

1.67 miles away

Nearest school

0.20 miles away

Nearest train station

1.89 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £110,000

March 20, 2025

Price changed to £112,000

March 12, 2025

Price changed to £114,000

February 28, 2025

Price changed to £116,000

January 31, 2025

Price changed to £118,000

January 19, 2025

Price changed to £120,000

January 8, 2025

Price changed to £122,000

January 1, 2025

Price changed to £124,000

December 19, 2024

Price changed to £126,000

December 12, 2024

Price changed to £114,000

December 5, 2024

Price changed to £116,000

November 28, 2024

Price changed to £118,000

November 22, 2024

Price changed to £120,000

November 14, 2024

Price changed to £122,000

November 8, 2024

Listed for £126,000

October 18, 2024

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers. +
  • Well Maintained Property +
  • Spacious Rooms +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 3 bedroom Semi-Detached House located in Scunthorpe. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features .3 bedrooms, lounge, kitchen, rear garden space and private driveway.

Investment details

It currently produces an annual gross income of £6,300 which could be increased by the new owner to a market rate of £8,028 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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