3 Bed Semi-Detached House, Single Let, Scunthorpe, DN16 2PG, £75,000

60 North Parade, Scunthorpe, DN16 2PG - 2 views - 2 months ago

Auction
BTL
ROI: 7%
74 m²
+16 photos

ValuationUndervalued

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

 

 

Square Metres

74 m²
Price/m²£1K/m²

Value Estimate

£93,057
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£4,950

Total Cash In

£23,700

 

 

Cash Out

 

Rent Range

£625 - £3,200

Rent Estimate

£500

Running Costs/mo

£354

Cashflow/mo

£146

Cashflow/yr

£1,748

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £61K to £200K, average is £119.8K. £670/m² to £2.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£61K11/200.02 mi20, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£120K06/230.02 mi74, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£130K01/230.03 mi44, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£65K12/200.04 mi5, North Parade, Scunthorpe, North Lincolnshire DN16 2PQ3
£96K07/230.04 mi42, Smithfield Road, Scunthorpe, North Lincolnshire DN16 2NH3
£79K07/210.1 mi5, Ashby High Street, Scunthorpe, North Lincolnshire DN16 2NN3
£144K12/220.11 mi17, St Johns Road, Scunthorpe, North Lincolnshire DN16 2NG3
£127K05/210.13 mi44, St Johns Road, Scunthorpe, North Lincolnshire DN16 2NG3
£110K07/210.16 mi5, Amos Crescent, Scunthorpe, North Lincolnshire DN16 1RA3
£200K03/230.16 mi38, Ville Road, Scunthorpe, North Lincolnshire DN16 2NW3
£101.5K05/210.17 mi48, Grange Lane North, Scunthorpe, North Lincolnshire DN16 1RW3
£90K05/210.17 mi37, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3AR3
£102K07/210.17 mi63, Grange Lane North, Scunthorpe, North Lincolnshire DN16 1RG3
£121K12/200.18 mi2, Calder Road, Scunthorpe, North Lincolnshire DN16 2NR3
£120K03/230.18 mi46, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RY3
£85K08/230.19 mi6, Mere Crescent, Scunthorpe, North Lincolnshire DN16 1QU3
£111K10/210.21 mi19, Ville Road, Scunthorpe, North Lincolnshire DN16 2NP3
£110K07/230.21 mi8, St Lawrence Place, Scunthorpe, North Lincolnshire DN16 1RD3
£140K07/210.22 mi63, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£157K05/230.22 mi37, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£137K04/210.22 mi57, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£142.5K11/200.22 mi53, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£140K01/210.22 mi69, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£140K06/230.23 mi33, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RX3
£105K04/230.25 mi105, Warley Road, Scunthorpe, North Lincolnshire DN16 1PW3
£129K04/210.25 mi64, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LJ3
£119.5K03/230.25 mi1, Ancholme Road, Scunthorpe, North Lincolnshire DN16 2NS3
£110K12/220.26 mi14, Tennyson Road, Scunthorpe, North Lincolnshire DN16 1RN3
£84K08/210.27 mi18, Franklin Crescent, Scunthorpe, North Lincolnshire DN16 1RT3
£120K12/200.27 mi48, Franklin Crescent, Scunthorpe, North Lincolnshire DN16 1RT3
£117.5K03/230.27 mi75, Grange Lane North, Scunthorpe, North Lincolnshire DN16 1RQ3
£115K12/220.27 mi284, Warley Road, Scunthorpe, North Lincolnshire DN16 1QY3
£93K12/200.28 mi9, Leven Road, Scunthorpe, North Lincolnshire DN16 2NT3
£109K04/230.28 mi11, Leven Road, Scunthorpe, North Lincolnshire DN16 2NT3
£87.5K03/210.28 mi98, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RR3
£155K10/220.29 mi5, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LQ3
£105K12/200.29 mi35, Cornwall Road, Scunthorpe, North Lincolnshire DN16 3BP3
£89K01/230.29 mi11, Cornwall Road, Scunthorpe, North Lincolnshire DN16 3BP3
£150K06/230.3 mi20, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RZ3
£168K10/210.31 mi42, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£146K07/230.31 mi10, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£125K02/210.31 mi32, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£110K12/200.31 mi94, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£155K06/230.31 mi38, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£125K11/210.33 mi64, Kathleen Avenue, Scunthorpe, North Lincolnshire DN16 3EG3
£122.5K04/230.33 mi55, Kathleen Avenue, Scunthorpe, North Lincolnshire DN16 3EG3
£117K06/230.34 mi104, Healey Road, Scunthorpe, North Lincolnshire DN16 1HT3
£129K01/230.34 mi20, Lindale Gardens, Scunthorpe, North Lincolnshire DN16 2HW3
£130K08/210.34 mi21, Lindale Gardens, Scunthorpe, North Lincolnshire DN16 2HW3
£104K04/210.36 mi165, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3BW3

Local Rents

15 rents from £625/mo to £3.2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£62503/240.06 miSmithfield Road, Scunthorpe3
£70004/240.08 miSt Johns Road, Scunthorpe, DN163
£70508/240.12 mi-3
£3,20012/240.19 mi-3
£72504/240.29 miCornwall Road, Scunthorpe3
£97503/250.3 mi-3
£67503/240.39 miPowells Crescent, Scunthorpe3
£63503/240.4 miCherry Grove, Scunthorpe3
£1,05004/240.5 miLakeside North, Scunthorpe, DN163
£92504/240.5 miTurnstone Drive, Scunthorpe3
£80004/250.5 mi-3
£69508/240.52 mi-3
£92503/240.52 miTurnstone Drive, Scunthorpe3
£92505/240.52 miTurnstone Drive, Scunthorpe3
£1,05004/240.53 miLakeside North, Scunthorpe, DN163

Local Area Statistics

Population in DN16

31,697

Population in Scunthorpe

105,498

Town centre distance

1.27 miles away

Nearest school

0.10 miles away

Nearest train station

1.44 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £75,000

March 4, 2025

Description

AUCTION ON MONDAY 28TH APRIL 2025
Bidding will be on the Properties Under the Hammer website.

A 3 bed semi detached property, with 2 reception rooms. This good sized family home is situated in a central position, close to local schools, amenities and bus routes. Close by is Ashby High Street with a variety of individual shops, restaurants and a weekly market.
Was let until February 2025 at £500 per month. Viewings available.

Please call for further details.

Legal Pack - The Legal Pack for this property is available on our website.

Agent Details

PROPERTIES UNDER THE HAMMER AUCTIONS, Covering Nationwide

0161 524 2956

Next Steps?

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