3 Bed Terraced House, Single Let, Scunthorpe, DN15 6HX, £75,000

West Street, Scunthorpe, Lincolnshire, DN15 6HX - 2 views - 2 months ago

Sold STC
BTL
ROI: 11%
~93 m²
+6 photos

ValuationFair Value

Sold Prices£48K - £220K
Sold Prices/m²£568/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£806/m²

Value Estimate

£74,630

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,600

Total Cash In

£22,350

 

 

Cash Out

 

Rent Range

£100 - £1,000

Rent Estimate

£615

Running Costs/mo

£377

Cashflow/mo

£238

Cashflow/yr

£2,852

ROI

13%

Gross Yield

10%

Local Sold Prices

50 sold prices from £48K to £220K, average is £81K. £568/m² to £2.2K/m², average is £802/m².

PriceDateDistanceAddressBeds 
£62K05/210.02 mi121, West Street, Scunthorpe, North Lincolnshire DN15 6HX3
£65K04/210.07 mi37, Teale Street, Scunthorpe, North Lincolnshire DN15 6JB3
£59.7K02/210.07 mi40, Teale Street, Scunthorpe, North Lincolnshire DN15 6JB3
£69K03/230.09 mi4, Porter Street, Scunthorpe, North Lincolnshire DN15 6JA3
£75K03/230.09 mi12, Porter Street, Scunthorpe, North Lincolnshire DN15 6JA3
£50K05/230.09 mi13, Porter Street, Scunthorpe, North Lincolnshire DN15 6JA3
£130K08/220.12 mi77, Berkeley Street, Scunthorpe, North Lincolnshire DN15 6BJ3
£65K12/200.12 mi13, Percival Street, Scunthorpe, North Lincolnshire DN15 6JD3
£70K07/230.17 mi6, Mulgrave Street, Scunthorpe, North Lincolnshire DN15 6DH3
£95K11/220.17 mi51, Grosvenor Street, Scunthorpe, North Lincolnshire DN15 6BE3
£48K12/200.18 mi19, Smith Street, Scunthorpe, North Lincolnshire DN15 7LG3
£50K05/210.18 mi4, George Street, Scunthorpe, North Lincolnshire DN15 6BG3
£117.5K09/220.19 mi32, Wells Street, Scunthorpe, North Lincolnshire DN15 6HJ3
£51K10/200.21 mi56, Sheffield Street, Scunthorpe, North Lincolnshire DN15 6DN3
£75K01/210.22 mi70, Berkeley Street, Scunthorpe, North Lincolnshire DN15 7LN3
£50K05/210.22 mi36, Sheffield Street, Scunthorpe, North Lincolnshire DN15 6DL3
£85K06/230.23 mi2, Dale Street, Scunthorpe, North Lincolnshire DN15 7LW3
£80K01/230.25 mi29, Dale Street, Scunthorpe, North Lincolnshire DN15 7LW3
£50K01/210.25 mi54, Mulgrave Street, Scunthorpe, North Lincolnshire DN15 6DQ3
£82K07/230.26 mi53, Fox Street, Scunthorpe, North Lincolnshire DN15 7LD3
£92.3K08/210.28 mi206, Frodingham Road, Scunthorpe, North Lincolnshire DN15 7NN3
£80K07/230.28 mi3, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JE3
£62K03/210.28 mi3, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JE3
£100K07/230.29 mi8, Henry Street, Scunthorpe, North Lincolnshire DN15 7QQ3
£115K09/210.29 mi11, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£97K11/200.29 mi4, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£97K07/210.29 mi25, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£149.9K04/230.29 mi27, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£65K01/210.3 mi8, Spencer Avenue, Scunthorpe, North Lincolnshire DN15 7RY3
£97K02/210.31 mi62, Cole Street, Scunthorpe, Humberside DN15 6QS3
£75K01/230.31 mi52, Dale Street, Scunthorpe, North Lincolnshire DN15 7LP3
£145K12/220.32 mi37, Comforts Avenue, Scunthorpe, North Lincolnshire DN15 6PN3
£83K05/210.34 mi96, Burke Street, Scunthorpe, North Lincolnshire DN15 6DF3
£155K12/220.36 mi223, Mary Street, Scunthorpe, North Lincolnshire DN15 7QH3
£66K12/200.37 mi54, Diana Street, Scunthorpe, North Lincolnshire DN15 6AX3
£73.5K04/230.37 mi83, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£85K05/210.37 mi89, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£64.5K11/220.37 mi105, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£95K11/220.37 mi99, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£162K05/210.38 mi51, Cliff Gardens, Scunthorpe, North Lincolnshire DN15 7PH3
£80K10/210.38 mi227, Frodingham Road, Scunthorpe, Humberside DN15 7NS3
£82K07/230.4 mi102, Dale Street, Scunthorpe, North Lincolnshire DN15 7LR3
£125K08/230.41 mi11, Exeter Road, Scunthorpe, North Lincolnshire DN15 7AS3
£220K01/230.41 mi48, Cliff Gardens, Scunthorpe, North Lincolnshire DN15 7PJ3
£71K01/210.41 mi96, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£93K12/200.41 mi110, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£82.5K07/230.41 mi98, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£80K10/210.42 mi99, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JG3
£150K12/200.44 mi98, Doncaster Road, Scunthorpe, North Lincolnshire DN15 7DE3
£137K07/210.46 mi5, Leonard Crescent, Scunthorpe, North Lincolnshire DN15 7BG3

Local Rents

22 rents from £100/mo to £1K/mo, average is £780/mo.

RentDateDistanceAddressBeds 
£54511/230.13 mi-3
£10003/250.22 mi-3
£51704/240.26 miBerkeley Street, Scunthorpe3
£65012/240.27 mi-3
£80012/240.28 mi-3
£75001/240.37 mi-3
£75001/240.37 mi-3
£70012/240.37 mi-3
£90001/250.42 mi-3
£90003/250.42 mi-3
£85005/240.45 miExeter Road, Scunthorpe, DN153
£72504/230.45 mi-3
£90003/250.47 mi-3
£1,00002/250.48 mi-3
£90003/250.48 mi-3
£65003/240.51 miRowland Road, Scunthorpe3
£92504/240.58 miVicarage Gardens, Scunthorpe3
£92504/240.58 miVicarage Gardens, Scunthorpe3
£62503/240.59 miAbercorn Street, SCUNTHORPE3
£97503/250.59 mi-3
£78001/240.61 mi-3
£78001/240.61 mi-3

Local Area Statistics

Population in DN15

36,576

Population in Scunthorpe

105,498

Town centre distance

0.65 miles away

Nearest school

0.10 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Price changed to £75,000

February 16, 2025

Listed for £80,000

January 20, 2025

Floor Plans

Description

  • NO CHAIN +
  • SPACIOUS TERRACE PROPERTY +
  • CENTRAL TOWN LOCATION +
  • IDEAL INVESTMENT OPPORTUNITY +
  • GENEROUS LOUNGE & DINING ROOM +
  • THREE SIZEABLE BEDROOMS +
  • PRIVATE REAR GARDEN +

NO CHAINIDEAL INVESTMENT OPPORTUNITYCENTRAL TOWN LOCATION

Ideally situated in a central location, this spacious terrace property presents an excellent investment opportunity. The home is well-maintained throughout and is within walking distance of a wide range of shops, restaurants, and transport links, offering convenience at your doorstep.

The property comprises a bright and inviting lounge, a separate dining room, a kitchen, and a well-appointed bathroom. On the first floor, you'll find three generously sized bedrooms, providing ample space for family living or potential rental opportunities.

Externally, the property features a low-maintenance, private rear garden, predominantly paved, offering a perfect outdoor retreat or space for further customization.

With its prime location and versatile living space, this property is a must-see for investors and homeowners alike.

Agent Details

Paul Fox, Scunthorpe

01724 514340

Next Steps?

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