2 Bed Semi-Detached House, Single Let, Scunthorpe, DN17 3LY, £88,200

74 High Street, Burringham, DN17 3LY - 3 months ago

Sold STC
BTL
ROI: 9%
66 m²
+5 photos

ValuationUndervalued

Sold Prices£40K - £212.5K
Sold Prices/m²£597/m² - £2.8K/m²

 

 

Square Metres

66 m²
Price/m²£1.3K/m²

Value Estimate

£107,604
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,050

Stamp Duty & Legal Fees

£3,846

Total Cash In

£25,896

 

 

Cash Out

 

Rent Range

£415 - £950

Rent Estimate

£625

Running Costs/mo

£421

Cashflow/mo

£204

Cashflow/yr

£2,453

ROI

9%

Gross Yield

9%

Local Sold Prices

40 sold prices from £40K to £212.5K, average is £115.5K. £597/m² to £2.8K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£98K03/210.07 mi16, Pasture Avenue, Burringham, Scunthorpe, North Lincolnshire DN17 3NF2
£135K05/230.08 mi23, Hadleigh Green, Burringham, Scunthorpe, North Lincolnshire DN17 3NJ2
£128K08/230.08 mi17, Hadleigh Green, Burringham, Scunthorpe, North Lincolnshire DN17 3NJ2
£125K10/220.08 mi27, Hadleigh Green, Burringham, Scunthorpe, North Lincolnshire DN17 3NJ2
£186K01/230.12 mi4, The Meadows, Burringham, Scunthorpe, North Lincolnshire DN17 3LW2
£110K07/230.8 mi35, George Street, Keadby, Scunthorpe, North Lincolnshire DN17 3DB2
£110K07/230.8 mi35, George Street, Keadby, Scunthorpe, North Lincolnshire DN17 3DB2
£56.5K07/210.81 mi43, Station Road, Keadby, Scunthorpe, North Lincolnshire DN17 3BT2
£110K01/230.82 mi25, Old School Lane, Keadby, Scunthorpe, North Lincolnshire DN17 3BD2
£96K10/221.1 mi133, Station Road, Keadby, Scunthorpe, North Lincolnshire DN17 3BP2
£110K09/221.1 mi131, Station Road, Keadby, Scunthorpe, North Lincolnshire DN17 3BP2
£109.5K09/221.21 mi42, Station Road, Gunness, Scunthorpe, North Lincolnshire DN15 8TH2
£40K11/201.53 mi32, Chapel Lane, Keadby, Scunthorpe, North Lincolnshire DN17 3EL2
£107.5K08/231.59 mi13, Willow Grove, Keadby, Scunthorpe, North Lincolnshire DN17 3ET2
£107.5K08/231.59 mi13, Willow Grove, Keadby, Scunthorpe, North Lincolnshire DN17 3ET2
£111K05/212.11 mi25, Chesterfield Road, Scunthorpe, North Lincolnshire DN15 7UP2
£158K03/212.19 mi1a, School Lane, West Butterwick, Scunthorpe, North Lincolnshire DN17 3LB2
£112K07/212.25 mi32, Deacon Drive, Scunthorpe, North Lincolnshire DN15 7EY2
£60K09/222.26 mi21, West Street, West Butterwick, Scunthorpe, North Lincolnshire DN17 3JZ2
£105K07/232.33 mi6, Kelsey Avenue, Scunthorpe, North Lincolnshire DN15 8BW2
£115K03/212.33 mi2, Kelsey Avenue, Scunthorpe, North Lincolnshire DN15 8BW2
£100K02/232.5 mi5, Byfield Road, Scunthorpe, North Lincolnshire DN17 1RW2
£212.5K08/232.5 mi44, Charles Lovell Way, Scunthorpe, North Lincolnshire DN17 1YL2
£130K06/212.54 mi26, Whitfield Road, Scunthorpe, Humberside DN17 1RQ2
£135K09/232.54 mi30, Whitfield Road, Scunthorpe, North Lincolnshire DN17 1RQ2
£116K02/232.55 mi53, Plymouth Road, Scunthorpe, North Lincolnshire DN17 1SH2
£96.5K04/212.56 mi8, Herriot Walk, Scunthorpe, North Lincolnshire DN15 8EG2
£165K04/232.57 mi74, Plymouth Road, Scunthorpe, North Lincolnshire DN17 1TL2
£134K03/212.57 mi76, Plymouth Road, Scunthorpe, North Lincolnshire DN17 1TL2
£132K08/212.69 mi236, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BH2
£143K03/232.73 mi61, Dewsbury Avenue, Scunthorpe, North Lincolnshire DN15 8AW2
£150K08/212.73 mi55, Dewsbury Avenue, Scunthorpe, North Lincolnshire DN15 8AW2
£210K07/232.77 mi28, Scotter Road, Scunthorpe, North Lincolnshire DN15 8DR2
£167.5K01/232.84 mi107, Ferry Road West, Scunthorpe, North Lincolnshire DN15 8UG2
£145K10/202.91 mi140, Ferry Road West, Scunthorpe, North Lincolnshire DN15 8UQ2
£96K03/232.91 mi13, The Chequers, Scunthorpe, North Lincolnshire DN15 8YG2
£126K11/202.92 mi7, Lynton Close, Scunthorpe, North Lincolnshire DN15 8DJ2
£178K07/232.95 mi9, Blackthorn Close, Scunthorpe, North Lincolnshire DN15 8UT2
£88.5K03/212.97 mi8, Greyfriars Close, Scunthorpe, North Lincolnshire DN17 1LE2
£120K07/232.99 mi24, Speedwell Crescent, Scunthorpe, North Lincolnshire DN15 8UR2

Local Rents

13 rents from £415/mo to £950/mo, average is £780/mo.

RentDateDistanceAddressBeds 
£60004/241.29 miStation Road, Gunness2
£41503/241.43 miOld Village Street, Gunness1
£65012/242.02 miNorthfield Close, West Butterwick2
£70004/242.19 mi-3
£78012/242.3 mi-3
£80002/252.3 mi-3
£95012/242.3 miSouth Street, West Butterwick, Scunthorpe, North Lincolnshire, DN173
£85001/252.33 mi-3
£82505/242.39 miScotter Road, SCUNTHORPE3
£79511/242.44 mi-3
£75012/242.45 mi-3
£75011/242.45 mi-3
£94012/242.45 miAppledore Crescent, Scunthorpe, DN173

Local Area Statistics

Population in DN17

37,168

Population in Scunthorpe

105,498

Town centre distance

3.59 miles away

Nearest school

0.80 miles away

Nearest train station

0.74 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £88,200

January 8, 2025

Floor Plans

Description

  • Council Tax Band A +
  • EPC Rating D +
  • Ideal for First Time Buyers +
  • Ideal for Investors with Tenants Currently in Place +
  • Village Location +
  • Two Bedrooms +
  • Close to Transport Links +
  • Low Maintenance Garden +
  • No Chain +
  • Viewings Now Avaliable +

FIRST TIME BUYER OR INVESTMENT OPPORTUNITY WITH TENANTS IN PLACE

Bella Properties welcomes to the market for sale this two bedroom semi detached home situated in the always popular village of Burringham. A perfect home for a first time buyer or investment opportunity with a tenant already in place, this property has a track record of good rental income and will appeal to buyers looking to generate return immediately.

The property briefly comprises of the lounge/diner and kitchen on the ground floor, with the landing, two bedrooms and bathroom on the first floor. Externally, there is off road parking to the side of the property and a small concrete garden to the rear.

Situated in the highly desirable village of Burringham, close to village amenities as well as transport links to further afield, viewings are available immediately and come highly recommended.

Lounge/Diner - 4.56 x 4.6 (14'11" x 15'1") - Entrance to the property is via the front door and into the lounge/diner. Wooden flooring with central heating radiator and uPVC windows to the front and side of the property. Carpeted stairs lead to the first floor accommodation.

Kitchen - 2.49 x 4.6 (8'2" x 15'1") - Tiled flooring with central heating radiator and uPVC window and door facing to the rear. Base height and wall mounted units with complimentary counters, tiled splashbacks, integrated sink and drainer, integrated oven with hob and overhead extractor fan, with space and plumbing for white goods.

Landing - 2.24 x 3.19 (7'4" x 10'5") - Internal doors lead to the two bedrooms and bathroom.

Bedroom One - 3.46 x 3.7 (11'4" x 12'1") - Carpeted with central heating radiator and uPVC window facing to the front of the property.

Bedroom Two - 3.66 x 2.26 (12'0" x 7'4") - Carpeted with central heating radiator and uPVC window facing to the side of the property.

Bathroom - 2.76 x 2.24 (9'0" x 7'4") - Vinyl effect flooring with uPVC window facing to the rear of the property. A four piece suite consisting of bathtub, shower cubicle, sink and toilet.

External - To the side of the property is off road parking. To the rear is a small, concrete garden area.

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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