3 Bed Semi-Detached House, Single Let, Scunthorpe, DN17 1WA, £135,000

Cloister Close, Scunthorpe, DN17 1WA - 6 months ago

Sold STC

BTL

ROI: 3%

~93 m²

+7 photos

ValuationUndervalued

Sold Prices	£58K - £315K
Sold Prices/m²	£624/m² - £2.4K/m²

Square Metres	~93 m²
Price/m²	£1.5K/m²
Value Estimate	£138,912£138,912
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£33,750£33,750
Stamp Duty & Legal Fees	£7,950£7,950
Total Cash In	£41,700£41,700

Cash Out
Rent Range	£495 - £975£495 - £975
Rent Estimate	£673
Running Costs/mo	£576£576
Cashflow/mo	£97£97
Cashflow/yr	£1,158£1,158
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

51 sold prices from £58K to £315K, average is £129.9K. £624/m² to £2.4K/m², average is £1.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£120K	02/21	0 mi	3, Cloister Close, Scunthorpe, North Lincolnshire DN17 1WA	£1,642	73	3	Semi-Detached House
£199.5K	05/23	0.1 mi	99, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DF	£1,735	115	3	Semi-Detached House
£145K	12/22	0.1 mi	143, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DF	-	-	3	Semi-Detached House
£78K	04/21	0.12 mi	14, Manor Farm Road, Scunthorpe, North Lincolnshire DN17 1LF	£1,026	76	3	Semi-Detached House
£110K	12/21	0.12 mi	6, Manor Farm Road, Scunthorpe, North Lincolnshire DN17 1LF	-	-	3	Semi-Detached House
£110K	02/21	0.12 mi	7, Dean Road, Scunthorpe, North Lincolnshire DN17 1HG	£1,585	69	3	Semi-Detached House
£130K	10/21	0.12 mi	46, Dean Road, Scunthorpe, North Lincolnshire DN17 1HG	-	-	3	Detached House
£147K	03/21	0.13 mi	98, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DE	£1,885	78	3	Semi-Detached House
£315K	10/23	0.13 mi	46, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DE	-	-	3	Detached House
£85.5K	04/21	0.16 mi	46, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG	£1,006	85	3	Terraced House
£128K	06/23	0.16 mi	38, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG	£1,297	99	3	Semi-Detached House
£115K	08/23	0.16 mi	17, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG	£1,402	82	3	Semi-Detached House
£135K	10/21	0.17 mi	57, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DL	-	-	3	Semi-Detached House
£152K	08/23	0.18 mi	73, Priory Lane, Scunthorpe, North Lincolnshire DN17 1HD	-	-	3	Semi-Detached House
£123K	07/23	0.18 mi	20, Abbey Road, Scunthorpe, North Lincolnshire DN17 1JN	-	-	3	Semi-Detached House
£135K	11/22	0.18 mi	146, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BG	£1,533	88	3	Semi-Detached House
£122K	07/21	0.19 mi	72, Abbots Road, Scunthorpe, North Lincolnshire DN17 1JG	£1,743	70	3	Semi-Detached House
£129.9K	07/23	0.19 mi	10, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH	£1,494	87	3	Semi-Detached House
£129.9K	07/23	0.19 mi	10, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH	£1,494	87	3	Semi-Detached House
£129.9K	08/23	0.19 mi	12, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH	-	-	3	Terraced House
£115K	04/21	0.19 mi	34, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DN	£1,352	85	3	Terraced House
£135K	04/23	0.19 mi	10, Mavis Road, Scunthorpe, North Lincolnshire DN17 1NA	£1,500	90	3	Semi-Detached House
£91.2K	12/20	0.21 mi	16, Aylesby Road, Scunthorpe, North Lincolnshire DN17 2DR	£1,099	83	3	Semi-Detached House
£180K	11/22	0.21 mi	89, Burringham Road, Scunthorpe, North Lincolnshire DN17 2DF	£1,748	103	3	Semi-Detached House
£115K	05/21	0.22 mi	32, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DN	£1,474	78	3	Semi-Detached House
£58K	02/21	0.25 mi	8, Bridges Road, Scunthorpe, North Lincolnshire DN17 1LP	£624	93	3	Terraced House
£125K	01/23	0.25 mi	12, Bridges Road, Scunthorpe, North Lincolnshire DN17 1LP	-	-	3	Detached House
£83K	02/21	0.27 mi	45, Morley Road, Scunthorpe, North Lincolnshire DN17 2DW	£943	88	3	Terraced House
£96K	02/21	0.28 mi	5, Monks Road, Scunthorpe, North Lincolnshire DN17 1JQ	£1,215	79	3	Semi-Detached House
£120K	12/22	0.28 mi	3, Monks Road, Scunthorpe, North Lincolnshire DN17 1JQ	£1,487	81	3	Terraced House
£103K	08/21	0.28 mi	18, Caenby Road, Scunthorpe, North Lincolnshire DN17 2EW	£1,219	84	3	Terraced House
£155K	06/23	0.28 mi	25, Monks Road, Scunthorpe, North Lincolnshire DN17 1JJ	-	-	3	Semi-Detached House
£115K	05/23	0.29 mi	2, Claxby Road, Scunthorpe, North Lincolnshire DN17 2DT	£1,162	99	3	Semi-Detached House
£145K	09/23	0.31 mi	8, Abbots Road, Scunthorpe, North Lincolnshire DN17 1JF	£1,908	76	3	Semi-Detached House
£210K	04/23	0.31 mi	25, Rothbury Road, Scunthorpe, North Lincolnshire DN17 1EY	-	-	3	Semi-Detached House
£132.5K	11/21	0.32 mi	51, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BD	£1,440	92	3	Semi-Detached House
£116K	11/21	0.32 mi	24, Angerstein Road, Scunthorpe, North Lincolnshire DN17 2NA	£1,589	73	3	Semi-Detached House
£140K	01/23	0.33 mi	56, Priory Lane, Scunthorpe, North Lincolnshire DN17 1HU	£1,532	91	3	Semi-Detached House
£250K	08/23	0.33 mi	18, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BB	-	-	3	Detached House
£145K	06/23	0.35 mi	1, Nuns Road, Scunthorpe, North Lincolnshire DN17 1JE	£1,813	80	3	Semi-Detached House
£190K	06/23	0.36 mi	7, Humber Crescent, Scunthorpe, North Lincolnshire DN17 1JD	£1,863	102	3	Semi-Detached House
£155K	10/21	0.36 mi	7, Humber Crescent, Scunthorpe, North Lincolnshire DN17 1JD	£1,520	102	3	Semi-Detached House
£165K	04/23	0.36 mi	40, Humber Crescent, Scunthorpe, North Lincolnshire DN17 1JD	£2,357	70	3	Semi-Detached House
£227K	12/22	0.38 mi	17, Rothbury Road, Scunthorpe, North Lincolnshire DN17 1EX	-	-	3	Semi-Detached House
£158K	07/23	0.39 mi	3, Rothbury Road, Scunthorpe, North Lincolnshire DN17 1EX	-	-	3	Detached House
£116.5K	09/21	0.4 mi	11, Hardy Road, Scunthorpe, North Lincolnshire DN17 1PJ	£1,513	77	3	Semi-Detached House
£117K	11/22	0.4 mi	90, Somerby Road, Scunthorpe, North Lincolnshire DN17 2EU	£1,258	93	3	Terraced House
£205K	02/21	0.4 mi	11a, Messingham Road, Scunthorpe, North Lincolnshire DN17 2LL	£1,814	113	3	Detached House
£145K	03/21	0.4 mi	75, Messingham Road, Scunthorpe, North Lincolnshire DN17 2LL	-	-	3	Semi-Detached House
£119K	02/21	0.4 mi	67, Messingham Road, Scunthorpe, North Lincolnshire DN17 2LL	£1,384	86	3	Semi-Detached House
£110.5K	03/23	0.4 mi	31, Messingham Road, Scunthorpe, North Lincolnshire DN17 2LL	-	-	3	Semi-Detached House

Local Rents

13 rents from £495/mo to £975/mo, average is £750/mo.

Rent	Date	Distance	Address	Beds	Type
£750	12/24	0.12 mi	Dean Road, SCUNTHORPE	3	Flat
£900	08/24	0.33 mi	-	3	Semi-Detached House
£975	12/24	0.39 mi	-	3	Semi-Detached House
£695	12/23	0.5 mi	-	3	Terraced House
£900	12/24	0.5 mi	West Common Gardens, Scunthorpe	3	Detached House
£900	02/25	0.51 mi	-	3	Semi-Detached House
£750	03/25	0.55 mi	-	3	Semi-Detached House
£750	12/24	0.57 mi	Fotherby Road, Scunthorpe	3	Detached House
£495	11/23	0.6 mi	-	3	Terraced House
£750	12/24	0.6 mi	-	3	Semi-Detached House
£750	11/24	0.6 mi	-	3	Semi-Detached House
£795	11/24	0.61 mi	-	3	Semi-Detached House
£650	04/24	0.62 mi	Victoria Road, Scunthorpe	3	Terraced House

Local Area Statistics

Population in DN17	37,16837,168
Population in Scunthorpe	105,498105,498
Town centre distance	1.22 miles away1.22 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.44 miles away1.44 miles away

Rental growth (12m)	+56%+56%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+23%+23%

Property History

Listed for £135,000

October 21, 2024

Floor Plans

Description

Ideal First Time Buyer Home +
Semi Detached House +
3 Bedrooms +
Downstairs WC +
Kitchen with French Doors +
Good Size Rear Garden +
Off Street Parking +
Quiet Location +

Starkey&Brown are delighted to offer for sale this semi detached house on Cloister Close, Scunthorpe. The accommodation briefly comprises of 3 bedrooms and family bathroom to the first floor, whilst downstairs boasts an entrance hallway, WC, lounge and kitchen/diner with French doors to the rear garden. Outside the property has off street parking to the front and a generously sized rear garden which is mainly laid to lawn. The property sits in a great location closeby to a good range of amenities and local schools. An internal inspection is highly recommended, call today to view! Freehold. Council tax band: B

Agent Details

Starkey & Brown, Scunthorpe

01724 706802

Next Steps?

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

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