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2 Bed Flat, Single Let, Scunthorpe, DN15 8BQ, £79,950

Kensington Road, Scunthorpe, North Lincolnshire, DN15 8BQ - 22 days ago

BTL
ROI: 6%
~68 m²
+1 photos

ValuationOvervalued

Sold Prices£43K - £108K
Sold Prices/m²£811/m² - £1.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£73,787

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

£450 - £1,250

Rent Estimate

£484

Running Costs/mo

£367

Cashflow/mo

£117

Cashflow/yr

£1,408

ROI

6%

Gross Yield

7%

Local Sold Prices

21 sold prices from £43K to £108K, average is £72.5K. £811/m² to £1.5K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£76.5K04/220 mi28, Kensington Road, Scunthorpe, North Lincolnshire DN15 8BQ2
£43K06/230.01 mi17, Kensington Road, Scunthorpe, North Lincolnshire DN15 8BQ2
£65K04/220.05 mi100, Hilton Avenue, Scunthorpe, North Lincolnshire DN15 8BD2
£51.7K11/220.09 mi43, Hilton Avenue, Scunthorpe, North Lincolnshire DN15 8BB2
£65K09/220.09 mi41, Hilton Avenue, Scunthorpe, North Lincolnshire DN15 8BB2
£60K06/230.11 mi22, Wilkie Close, Scunthorpe, North Lincolnshire DN15 8BH2
£90.5K04/220.2 mi49, Edgemere, Scunthorpe, North Lincolnshire DN15 7ES2
£90K11/220.65 mi14, The Chequers, Scunthorpe, North Lincolnshire DN15 8YG2
£108K01/230.65 mi7, The Chequers, Scunthorpe, North Lincolnshire DN15 8YG2
£85.8K05/210.65 mi17, The Chequers, Scunthorpe, North Lincolnshire DN15 8YG2
£80K02/220.65 mi8, The Chequers, Scunthorpe, North Lincolnshire DN15 8YG2
£105K10/220.69 mi140, Doncaster Road, Scunthorpe, North Lincolnshire DN15 7DN2
£100K03/230.73 mi148, Doncaster Road, Scunthorpe, North Lincolnshire DN15 7DN2
£55K03/221.03 mi35, Padstow Walk, Scunthorpe, North Lincolnshire DN17 1UH2
£67K02/221.35 mi68, St Albans Close, Scunthorpe, North Lincolnshire DN17 1QY2
£90.3K03/221.46 miApartment 111, Linea, Dunstall Street, Scunthorpe, North Lincolnshire DN15 6JQ2
£70K10/211.67 mi3, Crowston Walk, Scunthorpe, Humberside DN15 6RT2
£47.5K03/211.87 mi16, Earls Walk, Scunthorpe, North Lincolnshire DN16 1HB2
£48K07/221.87 mi34, Earls Walk, Scunthorpe, North Lincolnshire DN16 1HB2
£72.5K08/221.89 mi20, Revesby Court, Scunthorpe, North Lincolnshire DN16 2EF2
£75K10/231.89 mi22, Revesby Court, Scunthorpe, North Lincolnshire DN16 2EF2

Local Rents

52 rents from £450/mo to £1.3K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£67510/230.15 mi-3
£82505/240.29 miScotter Road, SCUNTHORPE3
£70004/240.32 mi-3
£67503/250.44 mi-3
£80001/250.59 mi-3
£82504/230.63 mi-3
£80012/240.71 mi-3
£85002/240.74 mi-3
£85001/250.74 mi-3
£85012/240.75 mi-3
£76011/230.76 mi-3
£1,20003/240.79 miRusset Close, Scunthorpe4
£72504/230.79 mi-3
£82504/240.79 mi-3
£82505/240.79 mi-3
£1,20002/240.81 mi-3
£94012/240.82 miAppledore Crescent, Scunthorpe, DN173
£85002/250.82 mi-3
£1,00004/240.82 mi-3
£1,15003/250.82 mi-3
£1,00003/240.82 miChurch Lane, Scunthorpe, DN153
£75004/230.82 mi-3
£85001/240.87 mi-3
£1,00002/250.89 mi-3
£75001/250.92 mi-2
£57605/240.97 miChurch Lane, Scunthorpe, DN157HB3
£62505/240.97 miColtsfoot Close, Scunthorpe, North Lincolnshire, DN152
£67502/241 mi-2
£72504/231.06 mi-3
£50003/241.08 miHenderson Avenue, SCUNTHORPE2
£92504/241.1 miVicarage Gardens, Scunthorpe3
£92504/241.1 miVicarage Gardens, Scunthorpe3
£60004/241.13 mi-1
£67003/251.13 mi-1
£65004/251.13 mi-1
£61505/231.13 mi-1
£85005/241.15 miExeter Road, Scunthorpe, DN153
£1,25011/241.16 mi-5
£78001/241.18 mi-3
£78001/241.18 mi-3
£79512/231.21 mi-3
£45003/251.25 mi-1
£99502/241.26 mi-4
£99502/241.26 mi-4
£51704/241.26 miBerkeley Street, Scunthorpe3
£97503/251.28 mi-3
£80012/241.29 mi-3
£90001/251.29 mi-3
£90003/251.29 mi-3
£90004/251.29 mi-3
£90003/251.29 mi-3
£49503/241.3 miDigby Street, Scunthorpe1

Links

Local Area Statistics

Population in DN15

36,576

Population in Scunthorpe

105,498

Town centre distance

1.60 miles away

Nearest school

0.50 miles away

Nearest train station

1.57 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 12, 2025

Floor Plans

Description

  • NO CHAIN +
  • POPULAR LOCATION +
  • CLOSE TO AMENITIES +
  • EXTENDED LEASE +
  • SPACIOUS LOUNGE & FITTED KITCHEN +
  • TWO DOUBLE BEDROOMS +
  • BATHROOM SUITE +
  • NEW BOILER FITTED 2024 +

**NO CHAIN
**WELL PRESENTED FIRST FLOOR APARTMENT
**EXTENDED LEASE
**NEW BOILER FITTED 2024

Offered with no onward chain, this generously sized first-floor apartment presents an excellent opportunity for first-time buyers or investors. Ideally located, the property is within easy reach of local amenities, including shops, schools, transport links, and more.

The accommodation briefly comprises an entrance hall with a convenient storage cupboard, a spacious living room, a well-equipped kitchen, two double bedrooms, and a modern bathroom suite. Both bedrooms benefit from built-in storage/wardrobes.

Additional highlights include a newly installed boiler (2024) and the added advantage of a recently extended lease. Early viewings are highly recommended to fully appreciate this fantastic home!

Agent Details

Paul Fox, Scunthorpe

01724 514340

Next Steps?

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

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