3 Bed Terraced House, Single Let, Scunthorpe, DN16 1EE, £90,000

Earl Street, Scunthorpe, DN16 1EE - a month ago

BTL
ROI: 9%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£70K - £215K
Sold Prices/m²£909/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£108,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£545 - £1,000

Rent Estimate

£634

Running Costs/mo

£428

Cashflow/mo

£206

Cashflow/yr

£2,471

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £70K to £215K, average is £121.5K. £909/m² to £2K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£87K11/210.04 mi56, Cemetery Road, Scunthorpe, North Lincolnshire DN16 1EA3
£142.5K12/200.08 mi32, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£107.5K11/200.08 mi15, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£119.5K06/230.08 mi50, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£70K07/230.08 mi9, Haig Avenue, Scunthorpe, North Lincolnshire DN16 1DZ3
£105K12/200.1 mi79, Fairmont Crescent, Scunthorpe, North Lincolnshire DN16 1EL3
£95K12/200.1 mi25, Fairmont Crescent, Scunthorpe, North Lincolnshire DN16 1EL3
£132.5K05/210.11 mi89, Cemetery Road, Scunthorpe, North Lincolnshire DN16 1EB3
£130K01/210.12 mi49, Bushfield Road, Scunthorpe, North Lincolnshire DN16 1ND3
£183K03/230.13 miSlaidburn, Redbourn Way, Scunthorpe, North Lincolnshire DN16 1NG3
£88K02/210.13 mi105, Cottage Beck Road, Scunthorpe, North Lincolnshire DN16 1UE3
£145K02/230.14 mi15, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EW3
£110K12/200.14 mi30, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EW3
£82.5K07/210.15 mi10, Hallgarth Avenue, Scunthorpe, North Lincolnshire DN16 1UG3
£105K05/210.19 mi41, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LL3
£135K04/230.2 mi7, Avon Road, Scunthorpe, North Lincolnshire DN16 1EP3
£102K09/210.2 mi172, Cottage Beck Road, Scunthorpe, North Lincolnshire DN16 1UA3
£123K05/230.21 mi111, Rowland Road, Scunthorpe, North Lincolnshire DN16 1TA3
£137.5K07/230.21 mi12, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LN3
£127K12/200.21 mi9, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LN3
£145K08/230.22 mi21, Warwick Road, Scunthorpe, North Lincolnshire DN16 1ES3
£150K12/220.22 mi16, Neath Road, Scunthorpe, North Lincolnshire DN16 1LW3
£125K11/200.22 mi74, Rowland Road, Scunthorpe, North Lincolnshire DN16 1ST3
£111.5K09/210.23 mi51, Warwick Road, Scunthorpe, North Lincolnshire DN16 1ES3
£132.5K08/230.26 mi9, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£103K05/210.26 mi18, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£115K06/210.26 mi22, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£95K11/200.26 mi3, Plum Tree Way, Scunthorpe, North Lincolnshire DN16 1LJ3
£75K03/230.27 mi15, Winn Street, Scunthorpe, North Lincolnshire DN16 1TB3
£166K12/220.29 mi55, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LR3
£147K03/230.29 mi69, Maple Tree Way, Scunthorpe, North Lincolnshire DN16 1LR3
£136K07/230.3 mi29, Neville Road, Scunthorpe, North Lincolnshire DN16 1TN3
£110K07/210.32 mi14, King Edward Street, Scunthorpe, City Of Kingston Upon Hull DN16 1LH3
£120K02/210.32 mi29, King Edward Street, Scunthorpe, North Lincolnshire DN16 1LH3
£167K05/230.33 mi186, Cemetery Road, Scunthorpe, North Lincolnshire DN16 1NU3
£138K12/200.34 mi102, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EU3
£175K05/210.34 mi110, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EU3
£152K08/210.35 mi106, Warwick Road, Scunthorpe, North Lincolnshire DN16 1EU3
£180K11/210.35 mi58, Ashby Road, Scunthorpe, North Lincolnshire DN16 1NR3
£215K11/200.36 mi92, Ashby Road, Scunthorpe, North Lincolnshire DN16 1NR3
£175K02/210.36 mi38, Ashby Road, Scunthorpe, North Lincolnshire DN16 1NR3
£115K07/230.39 mi9, Lavender Way, Scunthorpe, North Lincolnshire DN15 6BT3
£110K12/200.39 mi29, Hampton Road, Scunthorpe, North Lincolnshire DN16 1QJ3
£155K11/200.4 mi58, Kenilworth Road, Scunthorpe, North Lincolnshire DN16 1EY3
£105K02/210.41 mi1, Rose Walk, Scunthorpe, North Lincolnshire DN15 6BU3
£132K08/230.41 mi28, Rose Walk, Scunthorpe, North Lincolnshire DN15 6BU3
£120K12/220.41 mi40, Rose Walk, Scunthorpe, North Lincolnshire DN15 6BU3
£115K09/210.42 mi11, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£97K11/200.42 mi4, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£97K07/210.42 mi25, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3

Local Rents

12 rents from £545/mo to £1K/mo, average is £773/mo.

RentDateDistanceAddressBeds 
£67503/240.07 miHaig Avenue, Scunthorpe3
£72512/230.23 mi-3
£80004/240.23 mi-3
£79502/250.23 mi-3
£81502/250.23 mi-3
£79502/250.23 mi-3
£62503/240.24 miAbercorn Street, SCUNTHORPE3
£65003/240.26 miRowland Road, Scunthorpe3
£75012/240.27 mi-3
£1,00002/250.56 mi-3
£90003/250.56 mi-3
£54511/230.58 mi-3

Local Area Statistics

Population in DN16

31,697

Population in Scunthorpe

105,498

Town centre distance

0.31 miles away

Nearest school

0.20 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £90,000

February 18, 2025

Floor Plans

Description

  • Mid Terrace House +
  • 3 Bedrooms +
  • 2 Reception Rooms +
  • Ground Floor Bathroom +
  • Ideal First Time Buy/Investment +
  • Spacious Throughout +
  • Low Maintenance Rear Garden +
  • Chain Free! +

Offered for sale with NO ONWARD CHAIN, Starkey&Brown are delighted to present to the market this ideal investment opportunity on Earl Street, Scunthorpe. The spacious accommodation briefly comprises of 3 good size bedrooms to the first floor, whilst downstairs boasts an entrance hall, lounge, separate dining room, fitted kitchen, rear lobby and ground floor bathroom. Outside the property has paved gardens for ease of maintenance. 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 💪