2 Bed Terraced House, Single Let, Scunthorpe, DN15 6DN, £90,000

55 Sheffield Street, Scunthorpe, DN15 6DN - 3 views - 2 months ago

BTL
ROI: 4%
84 m²
+7 photos

ValuationUndervalued

Sold Prices£50.5K - £127.5K
Sold Prices/m²£601/m² - £2.4K/m²

 

 

Square Metres

84 m²
Price/m²£1.1K/m²

Value Estimate

£95,279
BMV6%

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

£467 - £900

Rent Estimate

£496

Running Costs/mo

£400

Cashflow/mo

£96

Cashflow/yr

£1,147

ROI

4%

Gross Yield

7%

Local Sold Prices

27 sold prices from £50.5K to £127.5K, average is £75K. £601/m² to £2.4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£50.5K12/200 mi55, Sheffield Street, Scunthorpe, North Lincolnshire DN15 6DN2
£68.5K04/210.1 mi1, Digby Street, Scunthorpe, North Lincolnshire DN15 6DD2
£70.3K06/210.12 mi30, Dale Street, Scunthorpe, North Lincolnshire DN15 7LW2
£74K06/210.13 mi2, George Street, Scunthorpe, North Lincolnshire DN15 6BG2
£87.5K03/230.13 mi13, George Street, Scunthorpe, North Lincolnshire DN15 6BG2
£64K11/210.14 mi46, Teale Street, Scunthorpe, North Lincolnshire DN15 6JB2
£65K11/210.14 mi50, Teale Street, Scunthorpe, North Lincolnshire DN15 6JB2
£75K03/230.14 mi31, Teale Street, Scunthorpe, North Lincolnshire DN15 6JB2
£56K11/200.14 mi61, Dale Street, Scunthorpe, North Lincolnshire DN15 7LP2
£59K03/230.15 mi62, Berkeley Street, Scunthorpe, North Lincolnshire DN15 7LN2
£70K01/230.19 mi17, Teale Street, Scunthorpe, North Lincolnshire DN15 6HY2
£109.5K06/210.39 mi11, Regents Close, Scunthorpe, North Lincolnshire DN15 8GY2
£108K12/200.39 mi99, Bedford Way, Scunthorpe, North Lincolnshire DN15 8GF2
£112.5K01/210.39 mi80, Bedford Way, Scunthorpe, North Lincolnshire DN15 8GF2
£95K07/210.64 mi1, Tulip Road, Scunthorpe, North Lincolnshire DN15 6BW2
£85K10/210.65 mi15, Lavender Way, Scunthorpe, North Lincolnshire DN15 6BT2
£127.5K01/230.65 mi14, Lavender Way, Scunthorpe, North Lincolnshire DN15 6BT2
£88.5K10/200.68 mi36, Rose Walk, Scunthorpe, North Lincolnshire DN15 6BU2
£88K01/210.68 mi27, Rose Walk, Scunthorpe, North Lincolnshire DN15 6BU2
£115K01/230.7 mi26, Bluebell Close, Scunthorpe, North Lincolnshire DN15 6BS2
£65K11/200.79 mi17, Redbourne Street, Scunthorpe, North Lincolnshire DN16 1TF2
£72K05/230.79 mi16, Redbourne Street, Scunthorpe, North Lincolnshire DN16 1TF2
£73K11/200.82 mi93, Cottage Beck Road, Scunthorpe, North Lincolnshire DN16 1UE2
£81K01/210.83 mi10, Pinchbeck Avenue, Scunthorpe, North Lincolnshire DN16 1TH2
£66K03/210.84 mi5, Cemetery Road, Scunthorpe, North Lincolnshire DN16 1DY2
£96K03/230.85 mi13, The Chequers, Scunthorpe, North Lincolnshire DN15 8YG2
£95K07/230.91 mi168, Rowland Road, Scunthorpe, North Lincolnshire DN16 1TJ2

Local Rents

32 rents from £467/mo to £900/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£55005/240.07 mi-2
£55012/240.07 mi-2
£55004/240.07 miFrodingham Road, Scunthorpe, DN152
£55004/240.07 miFrodingham Road, Scunthorpe, DN152
£55004/240.07 miFrodingham Road, Scunthorpe, DN152
£55005/240.07 miFrodingham Road, Scunthorpe, DN152
£65005/240.14 miTeale Street, Scunthorpe2
£53001/250.18 mi-2
£62805/240.18 mi-2
£62801/250.18 mi-2
£62802/250.18 mi-2
£62405/240.18 miFrodingham Road, Scunthorpe, DN152
£62405/240.18 miFrodingham Road, Scunthorpe, DN152
£60003/240.19 miWest Street, Scunthorpe2
£46705/240.29 miCrosby House Flats, Scunthorpe2
£60003/240.31 miHigh Street, Scunthorpe2
£65002/250.38 mi-2
£49502/240.39 mi-2
£50003/240.39 miHenderson Avenue, SCUNTHORPE2
£62510/230.41 miCONNAUGHT ROAD, Scunthorpe2
£65004/240.41 miApartment , Linea, Dunstall Street, Scunthorpe2
£85005/240.43 mi-2
£62503/250.43 mi-2
£70011/240.43 mi-2
£85005/240.43 miOld Charter Hall, Scunthorpe, DN152
£90003/250.44 mi-2
£90003/250.44 mi-2
£72502/250.45 mi-2
£75011/230.49 mi-2
£57503/240.51 miThe Old Drill Hall, Cole Street, Scunthorpe, North Lincolnshire, DN152
£57503/240.53 miConnaught Road, Scunthorpe, Lincolnshire, DN152
£62504/240.53 miConnaught Road, Scunthorpe, Lincolnshire, DN152

Local Area Statistics

Population in DN15

36,576

Population in Scunthorpe

105,498

Town centre distance

0.85 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £90,000

February 21, 2025

Floor Plans

Description

  • Council Tax Band A +
  • EPC Rating D +
  • Two Double Bedrooms +
  • Ideal for a First Time Buyer +
  • Ideal for an Investor +
  • Close to Scunthorpe Town Centre +
  • Close to Transport Links +
  • Two Reception Rooms +
  • Downstairs W/C +
  • Viewings Now Avaliable +

Bella Properties welcomes to the market this lovely first time buyer home located on Sheffield Street, Scunthorpe. A short distance from Scunthorpe town centre, this home is positioned close to local amenities including shops, restaurants, local schools and transport links to further afield.

To the ground floor is the entrance hallway, living room, dining room, kitchen and W/C, with the landing, two double bedrooms and family bathroom to the first floor. Externally, the property comes with low maintenance gardens to both the front and rear and street parking.

This home needs to be viewed to be appreciated. Viewings are now available!

Hall - 4.72 x 1.83 (15'5" x 6'0") - Entrance to the property is via the front door and into the hallway. Internal doors lead to the living room and dining room.

Living Room - 2.84 x 3.73 (9'3" x 12'2") - Wooden flooring with coving to the ceiling, central heating radiator, electric fireplace and uPVC window facing to the front of the property.

Dining Room - 3.81 x 3.86 (12'5" x 12'7") - Vinyl effect wood flooring with coving to the ceiling, central heating radiator, electric fireplace and uPVC window facing to the rear of the property.

Kitchen - 3.61 x 2.12 (11'10" x 6'11") - Tiled flooring with coving to the ceiling and two uPVC windows facing to the side of the property. Base height and wall mounted units with counter tops, tiled splashbacks, integrated oven, hob and overhead extractor fan, and space and plumbing for white goods.

W/C - 2.12 x 0.76 (6'11" x 2'5") - Downstairs W/C with uPVC window facing to the side of the property.

Landing - 3.99 x 0.88 (13'1" x 2'10") - Carpeted with internal doors leading to the two bedrooms and bathroom.

Bedroom One - 3.75 x 3.81 (12'3" x 12'5") - Carpeted with coving to the ceiling, central heating radiator and uPVC window facing to the front of the property.

Bedroom Two - 2.83 x 4.75 (9'3" x 15'7") - Carpeted with coving to the ceiling, central heating radiator and uPVC window facing to the rear of the property.

Bathroom - 3.44 x 2.12 (11'3" x 6'11") - Vinyl effect flooring with central heating radiator and uPVC window facing to the rear of the property. A three piece suite consisting of bathtub, sink and toilet.

External - The front and rear of the property come with low maintenance gardens, with street parking to the front of the home.

Disclaimer - The information displayed about this property comprises a property advertisement and is an illustration meant for use as a guide only. Bella Properties makes no warranty as to the accuracy or completeness of the information.

Agent Details

Bella Properties, Scunthorpe

01724 706790

Next Steps?

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