3 Bed Terraced House, Single Let, Scunthorpe, DN16 2PQ, £95,000

North Parade, Ashby, DN16 2PQ - 1 views - 3 months ago

BTL
ROI: 9%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£61K - £200K
Sold Prices/m²£670/m² - £2.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£116,250
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£625 - £3,200

Rent Estimate

£665

Running Costs/mo

£450

Cashflow/mo

£215

Cashflow/yr

£2,582

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £61K to £200K, average is £118.5K. £670/m² to £2.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£79K07/210.03 mi5, Ashby High Street, Scunthorpe, North Lincolnshire DN16 2NN3
£65K12/200.05 mi5, North Parade, Scunthorpe, North Lincolnshire DN16 2PQ3
£130K01/230.05 mi44, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£61K11/200.07 mi20, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£120K06/230.07 mi74, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£90K05/210.09 mi37, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3AR3
£96K07/230.1 mi42, Smithfield Road, Scunthorpe, North Lincolnshire DN16 2NH3
£121K12/200.11 mi2, Calder Road, Scunthorpe, North Lincolnshire DN16 2NR3
£200K03/230.12 mi38, Ville Road, Scunthorpe, North Lincolnshire DN16 2NW3
£144K12/220.13 mi17, St Johns Road, Scunthorpe, North Lincolnshire DN16 2NG3
£127K05/210.15 mi44, St Johns Road, Scunthorpe, North Lincolnshire DN16 2NG3
£111K10/210.16 mi19, Ville Road, Scunthorpe, North Lincolnshire DN16 2NP3
£119.5K03/230.17 mi1, Ancholme Road, Scunthorpe, North Lincolnshire DN16 2NS3
£101.5K05/210.2 mi48, Grange Lane North, Scunthorpe, North Lincolnshire DN16 1RW3
£120K03/230.21 mi46, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RY3
£93K12/200.21 mi9, Leven Road, Scunthorpe, North Lincolnshire DN16 2NT3
£109K04/230.21 mi11, Leven Road, Scunthorpe, North Lincolnshire DN16 2NT3
£105K12/200.21 mi35, Cornwall Road, Scunthorpe, North Lincolnshire DN16 3BP3
£89K01/230.21 mi11, Cornwall Road, Scunthorpe, North Lincolnshire DN16 3BP3
£102K07/210.23 mi63, Grange Lane North, Scunthorpe, North Lincolnshire DN16 1RG3
£110K07/210.23 mi5, Amos Crescent, Scunthorpe, North Lincolnshire DN16 1RA3
£140K07/210.25 mi63, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£157K05/230.25 mi37, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£137K04/210.25 mi57, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£142.5K11/200.25 mi53, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£140K01/210.25 mi69, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£140K06/230.25 mi33, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RX3
£87.5K03/210.26 mi98, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RR3
£85K08/230.27 mi6, Mere Crescent, Scunthorpe, North Lincolnshire DN16 1QU3
£84K08/210.28 mi18, Franklin Crescent, Scunthorpe, North Lincolnshire DN16 1RT3
£120K12/200.28 mi48, Franklin Crescent, Scunthorpe, North Lincolnshire DN16 1RT3
£110K07/230.28 mi8, St Lawrence Place, Scunthorpe, North Lincolnshire DN16 1RD3
£104K04/210.29 mi165, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3BW3
£129K04/210.29 mi64, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LJ3
£110K12/220.3 mi14, Tennyson Road, Scunthorpe, North Lincolnshire DN16 1RN3
£125K11/210.3 mi64, Kathleen Avenue, Scunthorpe, North Lincolnshire DN16 3EG3
£122.5K04/230.3 mi55, Kathleen Avenue, Scunthorpe, North Lincolnshire DN16 3EG3
£82.5K12/200.32 mi94, Southfield Road, Scunthorpe, North Lincolnshire DN16 3BT3
£105K04/230.32 mi105, Warley Road, Scunthorpe, North Lincolnshire DN16 1PW3
£130K12/200.33 mi22, Westerdale Road, Scunthorpe, North Lincolnshire DN16 2QZ3
£117.5K03/230.34 mi75, Grange Lane North, Scunthorpe, North Lincolnshire DN16 1RQ3
£150K06/230.34 mi20, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RZ3
£155K10/220.34 mi5, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LQ3
£116K04/210.34 mi5, Staindale Road, Scunthorpe, North Lincolnshire DN16 2QS3
£115K12/220.35 mi284, Warley Road, Scunthorpe, North Lincolnshire DN16 1QY3
£168K10/210.36 mi42, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£146K07/230.36 mi10, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£125K02/210.36 mi32, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£110K12/200.36 mi94, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£155K06/230.36 mi38, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3

Local Rents

16 rents from £625/mo to £3.2K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£70508/240.04 mi-3
£62503/240.06 miSmithfield Road, Scunthorpe3
£70004/240.11 miSt Johns Road, Scunthorpe, DN163
£3,20004/250.21 mi-3
£72504/240.21 miCornwall Road, Scunthorpe3
£97503/250.35 mi-3
£67503/240.38 miPowells Crescent, Scunthorpe3
£63503/240.43 miCherry Grove, Scunthorpe3
£1,05004/240.47 miLakeside North, Scunthorpe, DN163
£92504/240.47 miTurnstone Drive, Scunthorpe3
£69508/240.48 mi-3
£92503/240.49 miTurnstone Drive, Scunthorpe3
£92505/240.49 miTurnstone Drive, Scunthorpe3
£1,05004/240.5 miLakeside North, Scunthorpe, DN163
£80004/250.58 mi-3
£82502/250.61 mi-3

Local Area Statistics

Population in DN16

31,697

Population in Scunthorpe

105,498

Town centre distance

1.34 miles away

Nearest school

0.20 miles away

Nearest train station

1.51 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £95,000

February 11, 2025

Floor Plans

Description

  • End Terrace House +
  • 2/3 Bedrooms +
  • 2 Reception Rooms +
  • Modern Kitchen +
  • Ground Floor Bathroom +
  • Parking to the Rear +
  • Ideal First Time Buy/Investment +
  • Excellent Amenities Nearby +

Starkey&Brown are delighted to offer for sale this ideal first time buy/investment opportunity in the always popular location of Ashby. The accommodation briefly comprises of 2 double bedrooms and a 3rd bedroom/dressing room to the first floor, whilst downstairs boasts 2 separate reception rooms, modern kitchen and ground floor bathroom with utility space. Outside the property has an enclosed lawned garden to the rear, with gated access to off street parking. The property sits in a fantastic location within walking distance to a wide range of amenities and bus routes, call today to view! Freehold. Council tax band: A

Agent Details

Starkey & Brown, Scunthorpe

01724 706802

Next Steps?

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