3 Bed Terraced House, Single Let, Scunthorpe, DN15 6BJ, £79,950

Berkeley Street, Scunthorpe, Lincolnshire, DN15 6BJ - 2 views - 2 months ago

BTL
ROI: 12%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£48K - £155K
Sold Prices/m²£568/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£860/m²

Value Estimate

£81,688
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,988

Stamp Duty & Legal Fees

£5,198

Total Cash In

£25,185

 

 

Cash Out

 

Rent Range

£100 - £1,000

Rent Estimate

£663

Running Costs/mo

£402

Cashflow/mo

£261

Cashflow/yr

£3,127

ROI

12%

Gross Yield

10%

Local Sold Prices

50 sold prices from £48K to £155K, average is £80K. £568/m² to £2.1K/m², average is £878/m².

PriceDateDistanceAddressBeds 
£130K08/220.02 mi77, Berkeley Street, Scunthorpe, North Lincolnshire DN15 6BJ3
£95K11/220.05 mi51, Grosvenor Street, Scunthorpe, North Lincolnshire DN15 6BE3
£70K07/230.07 mi6, Mulgrave Street, Scunthorpe, North Lincolnshire DN15 6DH3
£50K05/210.07 mi4, George Street, Scunthorpe, North Lincolnshire DN15 6BG3
£65K04/210.07 mi37, Teale Street, Scunthorpe, North Lincolnshire DN15 6JB3
£59.7K02/210.07 mi40, Teale Street, Scunthorpe, North Lincolnshire DN15 6JB3
£65K12/200.1 mi13, Percival Street, Scunthorpe, North Lincolnshire DN15 6JD3
£50K05/210.1 mi36, Sheffield Street, Scunthorpe, North Lincolnshire DN15 6DL3
£51K10/200.1 mi56, Sheffield Street, Scunthorpe, North Lincolnshire DN15 6DN3
£62K05/210.11 mi121, West Street, Scunthorpe, North Lincolnshire DN15 6HX3
£69K03/230.12 mi4, Porter Street, Scunthorpe, North Lincolnshire DN15 6JA3
£75K03/230.12 mi12, Porter Street, Scunthorpe, North Lincolnshire DN15 6JA3
£50K05/230.12 mi13, Porter Street, Scunthorpe, North Lincolnshire DN15 6JA3
£50K01/210.13 mi54, Mulgrave Street, Scunthorpe, North Lincolnshire DN15 6DQ3
£117.5K09/220.18 mi32, Wells Street, Scunthorpe, North Lincolnshire DN15 6HJ3
£85K06/230.18 mi2, Dale Street, Scunthorpe, North Lincolnshire DN15 7LW3
£92.3K08/210.19 mi206, Frodingham Road, Scunthorpe, North Lincolnshire DN15 7NN3
£48K12/200.2 mi19, Smith Street, Scunthorpe, North Lincolnshire DN15 7LG3
£75K01/210.2 mi70, Berkeley Street, Scunthorpe, North Lincolnshire DN15 7LN3
£80K01/230.2 mi29, Dale Street, Scunthorpe, North Lincolnshire DN15 7LW3
£75K01/230.23 mi52, Dale Street, Scunthorpe, North Lincolnshire DN15 7LP3
£83K05/210.23 mi96, Burke Street, Scunthorpe, North Lincolnshire DN15 6DF3
£73.5K04/230.25 mi83, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£85K05/210.25 mi89, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£64.5K11/220.25 mi105, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£95K11/220.25 mi99, Diana Street, Scunthorpe, North Lincolnshire DN15 6AY3
£80K07/230.25 mi3, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JE3
£62K03/210.25 mi3, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JE3
£66K12/200.25 mi54, Diana Street, Scunthorpe, North Lincolnshire DN15 6AX3
£80K10/210.28 mi227, Frodingham Road, Scunthorpe, Humberside DN15 7NS3
£82K07/230.29 mi53, Fox Street, Scunthorpe, North Lincolnshire DN15 7LD3
£65K01/210.31 mi8, Spencer Avenue, Scunthorpe, North Lincolnshire DN15 7RY3
£82K07/230.31 mi102, Dale Street, Scunthorpe, North Lincolnshire DN15 7LR3
£71K01/210.33 mi96, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£93K12/200.33 mi110, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£82.5K07/230.33 mi98, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JQ3
£80K10/210.34 mi99, Buckingham Street, Scunthorpe, North Lincolnshire DN15 7JG3
£100K07/230.37 mi8, Henry Street, Scunthorpe, North Lincolnshire DN15 7QQ3
£97K02/210.4 mi62, Cole Street, Scunthorpe, Humberside DN15 6QS3
£115K09/210.4 mi11, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£97K11/200.4 mi4, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£97K07/210.4 mi25, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£149.9K04/230.4 mi27, Thompson Street, Scunthorpe, North Lincolnshire DN15 6QP3
£140K11/210.4 mi11, Ferry Road, Scunthorpe, Humberside DN15 8QG3
£85K04/210.43 mi114, Spencer Avenue, Scunthorpe, North Lincolnshire DN15 7SD3
£70K06/230.43 mi14, Theodore Road, Scunthorpe, North Lincolnshire DN15 7SF3
£155K12/220.43 mi223, Mary Street, Scunthorpe, North Lincolnshire DN15 7QH3
£145K12/220.44 mi37, Comforts Avenue, Scunthorpe, North Lincolnshire DN15 6PN3
£135K01/230.45 mi40, Bedford Way, Scunthorpe, North Lincolnshire DN15 8GP3
£155K02/230.46 mi31, Ferry Road, Scunthorpe, North Lincolnshire DN15 8QF3

Local Rents

23 rents from £100/mo to £1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£10004/250.12 mi-3
£65012/240.21 mi-3
£54511/230.24 mi-3
£75001/240.25 mi-3
£75001/240.25 mi-3
£70012/240.25 mi-3
£51704/240.25 miBerkeley Street, Scunthorpe3
£90001/250.34 mi-3
£90004/250.34 mi-3
£90004/250.34 mi-3
£80012/240.37 mi-3
£90004/250.38 mi-3
£97503/250.5 mi-3
£72504/230.5 mi-3
£85005/240.53 miExeter Road, Scunthorpe, DN153
£90004/240.57 miGloucester Court, Scunthorpe3
£1,00002/250.59 mi-3
£90004/250.59 mi-3
£72512/230.61 mi-3
£70002/230.61 mi-3
£70008/230.61 mi-3
£72505/240.61 mi-3
£72505/240.61 miCrosby Avenue, Scunthorpe, DN153

Local Area Statistics

Population in DN15

36,576

Population in Scunthorpe

105,498

Town centre distance

0.78 miles away

Nearest school

0.10 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £79,950

March 7, 2025

Floor Plans

Description

  • IDEAL INVESTMENT OPPORTUNITY +
  • CENTRAL TOWN LOCATION +
  • SPACIOUS LOUNGE & DINING ROOM +
  • GROUND FLOOR BATHROOM +
  • THREE SIZEABLE BEDROOMS +
  • ENCLOSED REAR GARDEN +
  • OFF ROAD PARKING TO REAR +

NO CHAINIDEAL INVESTMENT OPPORTUNITYSPACIOUS TERRACED HOME

Perfectly situated in a central location, this spacious terrace home offers a fantastic investment opportunity with strong rental potential. It is conveniently close to a variety of amenities, including shops, schools, and transport links.

The property briefly comprises an entrance hall, lounge, dining room, kitchen, and a ground-floor bathroom. The first floor features three generously sized bedrooms. Externally, the home boasts a low-maintenance rear garden, with gated off-road parking available at the back.

Early viewing is highly recommended!"

Agent Details

Paul Fox, Scunthorpe

01724 514340

Next Steps?

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