3 Bed Semi-Detached House, Single Let, Scunthorpe, DN16 3BW, £119,950

45 Oswald Road, Scunthorpe, North Lincolnshire, DN15 7PN - 2 months ago

Sold STC
BTL
ROI: 4%
~86 m²
+9 photos

ValuationUndervalued

Sold Prices£61K - £235K
Sold Prices/m²£670/m² - £2.6K/m²

 

 

Square Metres

~86.30 m²
Price/m²£1.4K/m²

Value Estimate

£124,291
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£29,988

Stamp Duty & Legal Fees

£7,198

Total Cash In

£37,185

 

 

Cash Out

 

Rent Range

£625 - £3,200

Rent Estimate

£650

Running Costs/mo

£525

Cashflow/mo

£125

Cashflow/yr

£1,502

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £61K to £235K, average is £124K. £670/m² to £2.6K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£105K12/200.08 mi35, Cornwall Road, Scunthorpe, North Lincolnshire DN16 3BP3
£89K01/230.08 mi11, Cornwall Road, Scunthorpe, North Lincolnshire DN16 3BP3
£119.5K03/230.08 mi1, Ancholme Road, Scunthorpe, North Lincolnshire DN16 2NS3
£104K04/210.08 mi165, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3BW3
£90K05/210.11 mi37, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3AR3
£93K12/200.14 mi9, Leven Road, Scunthorpe, North Lincolnshire DN16 2NT3
£109K04/230.14 mi11, Leven Road, Scunthorpe, North Lincolnshire DN16 2NT3
£82.5K12/200.15 mi94, Southfield Road, Scunthorpe, North Lincolnshire DN16 3BT3
£121K12/200.16 mi2, Calder Road, Scunthorpe, North Lincolnshire DN16 2NR3
£130K12/200.17 mi22, Westerdale Road, Scunthorpe, North Lincolnshire DN16 2QZ3
£75K05/210.18 mi5, Marshfield Road, Scunthorpe, North Lincolnshire DN16 3BN3
£79K07/210.18 mi5, Ashby High Street, Scunthorpe, North Lincolnshire DN16 2NN3
£125K04/210.19 mi22, Baysdale Road, Scunthorpe, North Lincolnshire DN16 2QD3
£152K06/210.2 mi7, Baysdale Road, Scunthorpe, North Lincolnshire DN16 2QE3
£111K10/210.21 mi19, Ville Road, Scunthorpe, North Lincolnshire DN16 2NP3
£130K08/230.21 mi6, Bedale Road, Scunthorpe, North Lincolnshire DN16 2QU3
£200K03/230.22 mi38, Ville Road, Scunthorpe, North Lincolnshire DN16 2NW3
£99K02/210.22 mi30, Somervell Road, Scunthorpe, North Lincolnshire DN16 3BG3
£105K10/200.22 mi62, Somervell Road, Scunthorpe, North Lincolnshire DN16 3BG3
£92K10/210.23 mi128, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3BJ3
£116K04/210.23 mi5, Staindale Road, Scunthorpe, North Lincolnshire DN16 2QS3
£134K10/220.24 mi37, Somervell Road, Scunthorpe, North Lincolnshire DN16 3BB3
£65K12/200.25 mi5, North Parade, Scunthorpe, North Lincolnshire DN16 2PQ3
£123K09/210.25 mi8, Irvine Road, Scunthorpe, North Lincolnshire DN16 3BE3
£130K01/230.26 mi44, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£75K01/210.26 mi217, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3BL3
£61K11/200.27 mi20, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£120K06/230.27 mi74, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£145K01/210.27 mi85, Baysdale Road, Scunthorpe, North Lincolnshire DN16 2QF3
£142.8K02/210.27 mi61, Baysdale Road, Scunthorpe, North Lincolnshire DN16 2QF3
£157.5K01/210.27 mi67, Baysdale Road, Scunthorpe, North Lincolnshire DN16 2QF3
£145K11/200.27 mi73, Baysdale Road, Scunthorpe, North Lincolnshire DN16 2QF3
£96K07/230.29 mi42, Smithfield Road, Scunthorpe, North Lincolnshire DN16 2NH3
£125K11/210.3 mi64, Kathleen Avenue, Scunthorpe, North Lincolnshire DN16 3EG3
£122.5K04/230.3 mi55, Kathleen Avenue, Scunthorpe, North Lincolnshire DN16 3EG3
£147.5K12/200.3 mi138, Baysdale Road, Scunthorpe, North Lincolnshire DN16 2QG3
£132K03/210.3 mi130, Baysdale Road, Scunthorpe, North Lincolnshire DN16 2QG3
£139K09/210.3 mi122, Baysdale Road, Scunthorpe, Humberside DN16 2QG3
£132.5K03/210.3 mi80, Baysdale Road, Scunthorpe, North Lincolnshire DN16 2QG3
£165K07/230.3 mi112, Baysdale Road, Scunthorpe, North Lincolnshire DN16 2QG3
£190K04/230.3 mi2, Bilsdale Road, Scunthorpe, North Lincolnshire DN16 2QH3
£144K12/220.3 mi17, St Johns Road, Scunthorpe, North Lincolnshire DN16 2NG3
£164K03/230.31 mi14, Gorse Close, Scunthorpe, North Lincolnshire DN16 3UL3
£235K12/220.31 mi2, Holly Close, Scunthorpe, North Lincolnshire DN16 3UJ3
£127K05/210.31 mi44, St Johns Road, Scunthorpe, North Lincolnshire DN16 2NG3
£80K04/210.31 mi7, Tensing Road, Scunthorpe, North Lincolnshire DN16 3DY3
£87.5K03/210.33 mi98, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RR3
£140K09/210.34 mi3, Holly Close, Scunthorpe, North Lincolnshire DN16 3UJ3
£125K01/210.34 mi16, Holly Close, Scunthorpe, North Lincolnshire DN16 3UJ3
£185K06/230.34 mi15, Holly Close, Scunthorpe, North Lincolnshire DN16 3UJ3

Local Rents

17 rents from £625/mo to £3.2K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£72504/240.08 miCornwall Road, Scunthorpe3
£70509/240.16 mi-3
£62503/240.24 miSmithfield Road, Scunthorpe3
£70004/240.29 miSt Johns Road, Scunthorpe, DN163
£3,20001/250.36 mi-3
£67503/240.41 miPowells Crescent, Scunthorpe3
£69508/240.43 mi-3
£1,05004/240.46 miLakeside North, Scunthorpe, DN163
£92504/240.47 miTurnstone Drive, Scunthorpe3
£92505/240.47 miTurnstone Drive, Scunthorpe3
£92503/240.48 miTurnstone Drive, Scunthorpe3
£1,05004/240.48 miLakeside North, Scunthorpe, DN163
£97504/250.51 mi-3
£65003/240.54 miWoodcross Avenue, Scunthorpe3
£63503/240.56 miCherry Grove, Scunthorpe3
£82502/250.56 mi-3
£70007/240.62 mi-3

Local Area Statistics

Population in DN16

31,697

Population in Scunthorpe

105,498

Town centre distance

1.52 miles away

Nearest school

0.10 miles away

Nearest train station

1.70 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £119,950

February 20, 2025

Floor Plans

Description

  • NO FORWARD CHAIN +
  • FIRST TIME BUYERS +
  • LARGE WEST FACING REAR GARDEN +
  • OFF ROAD PARKING +
  • GREAT RESIDENTIAL LOCATION +
  • WALKING DISTANCE TO ASHBY HIGH STREET +
  • CATCHMENT OF GOOD LOCAL SCHOOLS +
  • SCOPE TO EXTEND +
  • Garden +
  • Fridge Freezer +

Discover the perfect home for first-time buyers or a lucrative investment opportunity with this delightful three-bedroom semi-detached property on Grange Lane South in Scunthorpe. Situated in a sought-after location, this property offers the best of convenience and comfort, making it an ideal choice for a variety of buyers. Available fro purchase with no forward chain.  Nestled within walking distance of Ashby, this home is conveniently accessible to a range of supermarkets, retail outlets, and local amenities including a doctors' surgery and good local schools. The property is located on a public bus route, ensuring easy access to transportation. Additionally, it's just a five-minute drive to the Lakeside Retail Park and offers excellent connectivity to the national motorway network, making commuting a breeze. The property features a welcoming uPVC double glazed porch with double doors leading to the main entrance. The entrance hall opens to the main lounge with carpeted flooring and stairs to the first floor. The spacious lounge includes a front aspect glazed window, gas fire, and carpeted flooring, and opens to the rear dining room. The dining room features a side aspect window, an internal glazed window overlooking the kitchen, a large under-stairs storage cupboard housing the gas combi-boiler, carpeted flooring, and an inner hallway. The inner hallway provides access to the kitchen and ground floor bathroom, with a rear external door leading to the large west-facing garden. The ground floor bathroom is a four-piece suite with a low-level flush toilet, ceramic bidet, pedestal hand basin, wood panel bath with electric shower over, rear aspect obscure glazed window, and wood-effect flooring. The kitchen is equipped with wood-fronted wall and base units, wrap-around worktops, oven and grill, gas hob, stainless steel sink and drainer, and space for freestanding under-counter white goods. The first floor features a large double master bedroom with storage space over the stairs, a second double bedroom with carpeted flooring, and a third single bedroom to the rear. Externally, the property boasts off-road parking with a single garage to the rear, and a large west-facing rear garden comprising a spacious lawn and concrete patio, perfect for outdoor relaxation and entertaining. This charming property, priced at £145,000, offers an excellent opportunity for first-time buyers to step onto the property ladder or for investors seeking a reliable buy-to-let investment. Don't miss out on the chance to own this well-located, versatile home in Scunthorpe. Contact us today to arrange a viewing and make this property yours!

DISCLAIMER: Louise Oliver Properties Limited themselves and for the vendors or lessors of this property whose agents they are, give notice that the particulars are set out as a general outline only for the guidance of intending purchasers or lessors, and do not constitute part of an offer or contract; all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or presentations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Room sizes are given on a gross basis, excluding chimney breasts, pillars, cupboards, etc. and should not be relied upon for carpets and furnishings. We have not carried out a detailed survey and/or tested services, appliances, and specific fittings. No person in the employment of Louise Oliver Properties Limited has any authority to make or give any representation of warranty whatever in relation to this property and it is suggested that prospective purchasers walk the land and boundaries of the property, prior to exchange of contracts, to satisfy themselves as to the exact area of land they are purchasing.

Features

  • Oven/Hob
  • Gas Central Heating Combi Boiler
  • Large Gardens
  • Fireplace

Property additional info

Lounge : 4.26m x 3.92m
The front aspect lounge features carpeted flooring, a gas fire with a tiled mantle and hearth, a radiator, an aluminium-framed window, and a ceiling light fitting.

Dining Room : 4.92m x 2.47m
The spacious dining room includes carpeted flooring, walk-in under-stair storage, twin radiators, a side aspect external window, an internal single glazed window overlooking the kitchen, and a hanging light fitting.

Kitchen : 2.35m x 2.05m
The kitchen features wood-effect flooring, a uPVC rear aspect window, an integrated under-counter fridge, a stainless steel sink and drainer, a four-ring gas hob, a built-in oven and grill, tiled walls, wood-fronted wall and base storage, marble-effect worktops, an internal obscure glazed pane adjacent to the inner hallway, and a ceiling light fitting.

Bathroom : 2.40m x 1.68m
The ground floor bathroom is a four-piece suite featuring a low-level flush toilet, bidet, pedestal hand basin, and a wood-panelled acrylic bath with an electric shower over. It also includes wood-effect flooring, a radiator, a rear aspect window, and a ceiling light fitting.

Bedroom One : 6.07m x 3.31m
The double bedroom features carpeted flooring, built-in storage, a front aspect window, a radiator, and a ceiling light fitting.

Bedroom Two : 3.47m x 2.87m
The double bedroom includes carpeted flooring, a rear aspect window, a built-in storage cupboard, a radiator, and a hanging light fitting on the ceiling.

Bedroom Three : 2.47m x 2.19m
The single bedroom features a rear aspect window, carpeted flooring, a radiator, and a ceiling light fitting.

Roof type: Clay tiles.

Mobile signal/coverage: Good.

Flooded in the last 5 years: No.

Does the property have flood defences?
No.

Construction materials used: Brick and block.

Water source: Direct mains water.

Electricity source: National Grid.

Sewerage arrangements: Standard UK domestic.

Heating Supply: Central heating (gas).

Broadband internet type: FTTP (fibre to the premises).

Does the property have required access (easements, servitudes, or wayleaves)?
No.

Do any public rights of way affect your your property or its grounds?
No.

Parking Availability: Yes.

Agent Details

Louise Oliver Properties, Scunthorpe

01724 853222

Next Steps?

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