2 Bed Semi-Detached House, Single Let, Scunthorpe, DN17 1HQ, £120,000

Friars Road, Scunthorpe, North Lincolnshire, DN17 1HQ - 2 months ago

BTL
ROI: 1%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£52.5K - £249.5K
Sold Prices/m²£915/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£128,323
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£500 - £725

Rent Estimate

£520

Running Costs/mo

£499

Cashflow/mo

£21

Cashflow/yr

£252

ROI

1%

Gross Yield

5%

Local Sold Prices

35 sold prices from £52.5K to £249.5K, average is £120K. £915/m² to £2.8K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£88.5K03/210.07 mi8, Greyfriars Close, Scunthorpe, North Lincolnshire DN17 1LE2
£113K07/210.13 mi7, Cloister Close, Scunthorpe, North Lincolnshire DN17 1WA2
£120K12/220.17 mi71, Abbey Road, Scunthorpe, North Lincolnshire DN17 1JW2
£122K05/210.24 mi69, Abbey Road, Scunthorpe, North Lincolnshire DN17 1JW2
£130K05/230.24 mi77, Abbey Road, Scunthorpe, North Lincolnshire DN17 1JW2
£103K05/210.25 mi78, Abbots Road, Scunthorpe, North Lincolnshire DN17 1JG2
£110K11/200.41 mi15, Priory Lane, Scunthorpe, North Lincolnshire DN17 1HS2
£110K07/210.42 mi34, Priory Road, Scunthorpe, North Lincolnshire DN17 1HY2
£132K08/210.43 mi236, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BH2
£130K06/210.47 mi26, Whitfield Road, Scunthorpe, Humberside DN17 1RQ2
£135K09/230.47 mi30, Whitfield Road, Scunthorpe, North Lincolnshire DN17 1RQ2
£138.9K03/230.51 mi315, Ashby Road, Scunthorpe, North Lincolnshire DN16 2AB2
£100K02/230.51 mi5, Byfield Road, Scunthorpe, North Lincolnshire DN17 1RW2
£110K10/220.51 mi30, Messingham Road, Scunthorpe, North Lincolnshire DN17 2DA2
£78K07/230.52 mi26, Messingham Road, Scunthorpe, North Lincolnshire DN17 2DA2
£105K07/210.62 mi33, Kirkby Road, Scunthorpe, North Lincolnshire DN17 2JZ2
£117K03/210.64 mi7, Rivelin Place, Scunthorpe, North Lincolnshire DN16 2BQ2
£155K04/210.65 mi15, Albert Road, Scunthorpe, North Lincolnshire DN16 2TN2
£159.9K01/210.65 mi17, Albert Road, Scunthorpe, North Lincolnshire DN16 2TN2
£95K09/210.7 mi49, Victoria Road, Scunthorpe, North Lincolnshire DN16 2RZ2
£90K01/230.71 mi15, Lindley Street, Scunthorpe, North Lincolnshire DN16 2SG2
£165K04/230.71 mi74, Plymouth Road, Scunthorpe, North Lincolnshire DN17 1TL2
£116K02/230.72 mi53, Plymouth Road, Scunthorpe, North Lincolnshire DN17 1SH2
£134K03/210.72 mi76, Plymouth Road, Scunthorpe, North Lincolnshire DN17 1TL2
£249.5K11/220.73 mi34, Atlas Road, Scunthorpe, North Lincolnshire DN17 1BZ2
£75K03/230.75 mi1a, Alexandra Road, Scunthorpe, North Lincolnshire DN16 2SF2
£120K12/220.76 mi38, Alexandra Road, Scunthorpe, North Lincolnshire DN16 2SF2
£212.5K08/230.81 mi44, Charles Lovell Way, Scunthorpe, North Lincolnshire DN17 1YL2
£170K09/220.88 mi5, Balmoral Court, Scunthorpe, North Lincolnshire DN17 2QN2
£210K09/210.94 mi5, Peterhouse Court, Bottesford, Scunthorpe, North Lincolnshire DN16 3ND2
£52.5K07/210.97 mi3, Ashberry Drive, Scunthorpe, North Lincolnshire DN16 2RH2
£145K08/230.97 mi16, Ashberry Drive, Scunthorpe, North Lincolnshire DN16 2RH2
£139K02/230.97 mi10, Ashberry Drive, Scunthorpe, North Lincolnshire DN16 2RH2
£82.5K02/210.97 mi2, Salvation Court, Scunthorpe, North Lincolnshire DN16 2NA2
£127.5K11/200.98 mi76, Quebec Road, Scunthorpe, North Lincolnshire DN17 2SW2

Local Rents

12 rents from £500/mo to £725/mo, average is £550/mo.

RentDateDistanceAddressBeds 
£72512/240.06 miGreyfriars Close, Scunthorpe, North Lincolnshire, DN172
£62512/240.16 miTEMPLE ROAD, Scunthorpe,2
£59501/250.56 mi-2
£55003/240.66 miBelmont Street, Scunthorpe2
£52504/240.76 miRevesby Court, Scunthorpe2
£52304/240.88 miThe Cottages Lincoln Gardens, Scunthorpe2
£51904/240.89 miWalnut Tree Way, Scunthorpe2
£55004/241.01 mi-2
£55011/241.01 mi-2
£57504/241.03 miMackender Court, Scunthorpe2
£50009/231.04 mi-2
£50003/251.04 mi-2

Local Area Statistics

Population in DN17

37,168

Population in Scunthorpe

105,498

Town centre distance

1.15 miles away

Nearest school

0.10 miles away

Nearest train station

1.36 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £120,000

February 13, 2025

Floor Plans

Description

  • NO CHAIN +
  • SPACIOUS SEMI-DETACHED HOME +
  • LOUNGE & KITCHEN DINER +
  • GROUND FLOOR W.C. +
  • TWO DOUBLE BEDROOMS +
  • GENEROUS REAR GARDEN +
  • AMPLE OFF ROAD PARKING +

NO CHAINSPACIOUS SEMI-DETACHED HOMEIDEAL FIRST TIME BUY OR INVESTMENT OPPORTUNITY

This well-presented semi-detached home is situated in a prime location, close to local amenities and next to a children’s playground—perfect for families.

The property features a welcoming entrance porch, a bright and spacious lounge, a well-appointed kitchen diner, and a convenient ground-floor W.C. Upstairs, you’ll find two generous double bedrooms, both serviced by a modern family bathroom suite.

Externally, the home benefits from ample off-road parking to the side, secured by wrought iron gates for added peace of mind. The private, enclosed rear garden is mainly laid to lawn and includes a large wooden summer house, ideal for relaxing or entertaining.

Early viewing is highly recommended. Contact our Scunthorpe office today to arrange a viewing!

Agent Details

Paul Fox, Scunthorpe

01724 514340

Next Steps?

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