3 Bed Terraced House, Single Let, Scunthorpe, DN16 1LA, £95,000

Cottage Beck Road, Scunthorpe, Lincolnshire, DN16 1LA - 2 months ago

Sold STC
BTL
ROI: 7%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£70K - £265K
Sold Prices/m²£909/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£128,100
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,350

Total Cash In

£28,100

 

 

Cash Out

 

Rent Range

£545 - £1,000

Rent Estimate

£644

Running Costs/mo

£446

Cashflow/mo

£198

Cashflow/yr

£2,380

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £70K to £265K, average is £131.3K. £909/m² to £2.4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£132.5K08/230.06 mi9, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£103K05/210.06 mi18, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£115K06/210.06 mi22, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£95K11/200.06 mi3, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£105K05/210.09 mi41, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LL3
£110K07/210.1 mi14, King Edward Street, Scunthorpe, City Of Kingston Upon Hull DN16 1LH3
£120K02/210.1 mi29, King Edward Street, Scunthorpe, North Lincolnshire DN16 1LH3
£150K12/220.12 mi16, Neath Road, Scunthorpe, North Lincolnshire DN16 1LW3
£137.5K07/230.13 mi12, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LN3
£127K12/200.13 mi9, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LN3
£180K11/210.14 mi58, Ashby Road, Scunthorpe, North Lincolnshire DN16 1NR3
£183K03/230.15 miSlaidburn, Redbourn Way, Scunthorpe, North Lincolnshire DN16 1NG3
£215K11/200.15 mi92, Ashby Road, Scunthorpe, North Lincolnshire DN16 1NR3
£175K02/210.15 mi38, Ashby Road, Scunthorpe, North Lincolnshire DN16 1NR3
£142.5K12/200.2 mi32, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£107.5K11/200.2 mi15, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£119.5K06/230.2 mi50, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£70K07/230.2 mi9, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£125K11/200.21 mi74, Rowland Road, Scunthorpe, North Lincolnshire DN16 1ST3
£130K01/210.23 mi49, Bushfield Road, Scunthorpe, North Lincolnshire DN16 1ND3
£166K12/220.24 mi55, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LR3
£147K03/230.25 mi69, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LR3
£87K11/210.25 mi56, Cemetery Road, Scunthorpe, North Lincolnshire DN16 1EA3
£145K12/220.25 mi37, Comforts Avenue, Scunthorpe, North Lincolnshire DN15 6PN3
£82.5K07/210.29 mi10, Hallgarth Avenue, Scunthorpe, North Lincolnshire DN16 1UG3
£132.5K05/210.3 mi89, Cemetery Road, Scunthorpe, North Lincolnshire DN16 1EB3
£225K07/230.3 mi47a, Brumby Wood Lane, Scunthorpe, North Lincolnshire DN17 1AA3
£170K03/230.3 mi11, Brumby Wood Lane, Scunthorpe, North Lincolnshire DN17 1AA3
£142K02/230.3 mi55, Brumby Wood Lane, Scunthorpe, North Lincolnshire DN17 1AA3
£141K03/210.31 mi17, Norwood Avenue, Scunthorpe, North Lincolnshire DN15 7AR3
£155K06/230.31 mi21, Norwood Avenue, Scunthorpe, North Lincolnshire DN15 7AR3
£88K02/210.31 mi105, Cottage Beck Road, Scunthorpe, North Lincolnshire DN16 1UE3
£115K09/210.35 mi11, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£97K11/200.35 mi4, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£97K07/210.35 mi25, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£149.9K04/230.35 mi27, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£123K05/230.36 mi111, Rowland Road, Scunthorpe, North Lincolnshire DN16 1TA3
£105K12/200.37 mi79, Fairmont Crescent, Scunthorpe, North Lincolnshire DN16 1EL3
£95K12/200.37 mi25, Fairmont Crescent, Scunthorpe, North Lincolnshire DN16 1EL3
£180K10/210.37 mi57, Church Lane, Scunthorpe, North Lincolnshire DN15 7AE3
£130K11/200.37 mi29, Church Lane, Scunthorpe, North Lincolnshire DN15 7AE3
£245K07/210.37 mi2, Church Lane, Scunthorpe, North Lincolnshire DN15 7AE3
£145K02/230.38 mi15, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EW3
£110K12/200.38 mi30, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EW3
£75K03/230.4 mi15, Winn Street, Scunthorpe, North Lincolnshire DN16 1TB3
£97K02/210.41 mi62, Cole Street, Scunthorpe, Humberside DN15 6QS3
£265K01/210.41 mi4, Fuchsia Croft, Scunthorpe, North Lincolnshire DN15 7DB3
£265K01/210.41 mi4, Fuchsia Croft, Scunthorpe, North Lincolnshire DN15 7DB3
£162K05/210.42 mi51, Cliff Gardens, Scunthorpe, North Lincolnshire DN15 7PH3
£220K01/230.42 mi48, Cliff Gardens, Scunthorpe, North Lincolnshire DN15 7PJ3

Local Rents

18 rents from £545/mo to £1K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£62503/240.03 miAbercorn Street, SCUNTHORPE3
£65003/240.07 miRowland Road, Scunthorpe3
£67503/240.21 miHaig Avenue, Scunthorpe3
£1,00002/250.29 mi-3
£90003/250.29 mi-3
£78001/240.44 mi-3
£78001/240.44 mi-3
£75012/240.46 mi-3
£54511/230.46 mi-3
£80012/240.46 mi-3
£85005/240.5 miExeter Road, Scunthorpe, DN153
£72512/230.5 mi-3
£80004/240.5 mi-3
£79502/250.5 mi-3
£81502/250.5 mi-3
£79502/250.5 mi-3
£92504/240.51 miVicarage Gardens, Scunthorpe3
£92504/240.51 miVicarage Gardens, Scunthorpe3

Local Area Statistics

Population in DN16

31,697

Population in Scunthorpe

105,498

Town centre distance

0.10 miles away

Nearest school

0.30 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Price changed to £95,000

March 20, 2025

Listed for £105,000

January 22, 2025

Description

  • IDEAL INVESTMENT OPPORTUNITY +
  • CENTRAL TOWN LOCATION +
  • MODERN THROUGHOUT +
  • SPACIOUS LOUNGE DINER +
  • CONTEMPORARY BREAKFASTING KITCHEN +
  • THREE SIZEABLE BEDROOMS +
  • STUNNING FOUR PIECE BATHROOM SUITE +
  • LOW MAINTENANCE PRIVATE REAR GARDEN +
  • AMPLE OFF ROAD PARKING +

BEAUTIFULLY PRESENTED TERRACE HOMEIDEAL INVESTMENT OPPORTUNITYMODERN THROUGHOUT

This beautifully maintained terraced home is ideal for first-time buyers and investors alike. Lovingly cared for by the current owner, the property is in immaculate condition and ready for immediate move-in.

As you enter, you're greeted by a welcoming entrance hall that leads into a cozy lounge, perfect for relaxing evenings. Adjacent to the lounge is a separate dining room, offering a charming space for family meals or entertaining guests. The modern breakfast kitchen is a standout feature of the ground floor, combining contemporary style with practical functionality.

Upstairs, the property offers three generously sized bedrooms, each filled with natural light and offering plenty of storage space. The bedrooms are complemented by a beautifully designed four-piece bathroom suite, providing a luxurious retreat for relaxation.

Outside, the private rear garden is designed for low maintenance and features wrought iron gates that provide the option for off-road parking. This versatile outdoor space is perfect for enjoying warm days or hosting small gatherings.

This well presented home is a must-see for anyone looking to purchase a property that requires no additional work. Early viewing is highly recommended to fully appreciate all that this delightful home has to offer.

Agent Details

Paul Fox, Scunthorpe

01724 514340

Next Steps?

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