2 Bed Flat, Single Let, Scunthorpe, DN15 8BQ, £48,000

Kensington Road, Scunthorpe, DN15 8BQ - 1 views - 5 months ago

Leasehold
BTL
ROI: 16%
~68 m²
+12 photos

ValuationUndervalued











Cashflows



































Property History

Price changed to £48,000

March 20, 2025

Price changed to £50,000

March 16, 2025

Listed for £45,000

November 5, 2024

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • Spacious Lounge +
  • Garden Ground Space +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2-bedroom flat located in Scunthorpe. It is near valuable amenities, can 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 2 bedrooms, a garden ground space, and a spacious lounge.

Investment details

It currently produces an annual gross income of £5,640 which could be increased by the new owner to a market rate of £8,040 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

For greater details 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 is committed to facilitating a smooth transaction process and allowing for maximum commitment to the sale from both parties, a fully refundable buyer's 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 💪

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