3 Bed Terraced House, Single Let, Scunthorpe, DN16 2PG, £80,000

16 North Parade, Scunthorpe, DN16 2PG - 14 days ago

BTL
ROI: 12%
83 m²
+8 photos

ValuationUndervalued

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

 

 

Square Metres

83 m²
Price/m²£964/m²

Value Estimate

£99,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£625 - £3,200

Rent Estimate

£665

Running Costs/mo

£403

Cashflow/mo

£262

Cashflow/yr

£3,144

ROI

12%

Gross Yield

10%

Local Sold Prices

50 sold prices from £61K to £200K, average is £118.5K. £670/m² to £2.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£65K12/200.03 mi5, North Parade, Scunthorpe, North Lincolnshire DN16 2PQ3
£130K01/230.04 mi44, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£79K07/210.04 mi5, Ashby High Street, Scunthorpe, North Lincolnshire DN16 2NN3
£61K11/200.05 mi20, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£120K06/230.05 mi74, North Parade, Scunthorpe, North Lincolnshire DN16 2PG3
£96K07/230.08 mi42, Smithfield Road, Scunthorpe, North Lincolnshire DN16 2NH3
£90K05/210.11 mi37, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3AR3
£144K12/220.12 mi17, St Johns Road, Scunthorpe, North Lincolnshire DN16 2NG3
£121K12/200.13 mi2, Calder Road, Scunthorpe, North Lincolnshire DN16 2NR3
£200K03/230.14 mi38, Ville Road, Scunthorpe, North Lincolnshire DN16 2NW3
£127K05/210.14 mi44, St Johns Road, Scunthorpe, North Lincolnshire DN16 2NG3
£111K10/210.18 mi19, Ville Road, Scunthorpe, North Lincolnshire DN16 2NP3
£119.5K03/230.19 mi1, Ancholme Road, Scunthorpe, North Lincolnshire DN16 2NS3
£101.5K05/210.2 mi48, Grange Lane North, Scunthorpe, North Lincolnshire DN16 1RW3
£120K03/230.2 mi46, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RY3
£110K07/210.22 mi5, Amos Crescent, Scunthorpe, North Lincolnshire DN16 1RA3
£102K07/210.22 mi63, Grange Lane North, Scunthorpe, North Lincolnshire DN16 1RG3
£93K12/200.23 mi9, Leven Road, Scunthorpe, North Lincolnshire DN16 2NT3
£109K04/230.23 mi11, Leven Road, Scunthorpe, North Lincolnshire DN16 2NT3
£105K12/200.23 mi35, Cornwall Road, Scunthorpe, North Lincolnshire DN16 3BP3
£89K01/230.23 mi11, Cornwall Road, Scunthorpe, North Lincolnshire DN16 3BP3
£140K07/210.23 mi63, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£157K05/230.23 mi37, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£137K04/210.23 mi57, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£142.5K11/200.23 mi53, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£140K01/210.23 mi69, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LH3
£140K06/230.25 mi33, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RX3
£85K08/230.25 mi6, Mere Crescent, Scunthorpe, North Lincolnshire DN16 1QU3
£110K07/230.27 mi8, St Lawrence Place, Scunthorpe, North Lincolnshire DN16 1RD3
£87.5K03/210.27 mi98, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RR3
£129K04/210.28 mi64, Fulbeck Road, Scunthorpe, North Lincolnshire DN16 2LJ3
£84K08/210.28 mi18, Franklin Crescent, Scunthorpe, North Lincolnshire DN16 1RT3
£120K12/200.28 mi48, Franklin Crescent, Scunthorpe, North Lincolnshire DN16 1RT3
£110K12/220.29 mi14, Tennyson Road, Scunthorpe, North Lincolnshire DN16 1RN3
£125K11/210.3 mi64, Kathleen Avenue, Scunthorpe, North Lincolnshire DN16 3EG3
£122.5K04/230.3 mi55, Kathleen Avenue, Scunthorpe, North Lincolnshire DN16 3EG3
£104K04/210.3 mi165, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3BW3
£105K04/230.31 mi105, Warley Road, Scunthorpe, North Lincolnshire DN16 1PW3
£155K10/220.32 mi5, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LQ3
£117.5K03/230.32 mi75, Grange Lane North, Scunthorpe, North Lincolnshire DN16 1RQ3
£150K06/230.33 mi20, Bellingham Road, Scunthorpe, North Lincolnshire DN16 1RZ3
£115K12/220.33 mi284, Warley Road, Scunthorpe, North Lincolnshire DN16 1QY3
£82.5K12/200.34 mi94, Southfield Road, Scunthorpe, North Lincolnshire DN16 3BT3
£168K10/210.34 mi42, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£146K07/230.34 mi10, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£125K02/210.34 mi32, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£110K12/200.34 mi94, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£155K06/230.34 mi38, Stockshill Road, Scunthorpe, North Lincolnshire DN16 2LG3
£130K12/200.35 mi22, Westerdale Road, Scunthorpe, North Lincolnshire DN16 2QZ3
£116K04/210.36 mi5, Staindale Road, Scunthorpe, North Lincolnshire DN16 2QS3

Local Rents

15 rents from £625/mo to £3.2K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£62503/240.05 miSmithfield Road, Scunthorpe3
£70508/240.06 mi-3
£70004/240.09 miSt Johns Road, Scunthorpe, DN163
£3,20012/240.21 mi-3
£72504/240.23 miCornwall Road, Scunthorpe3
£97503/250.34 mi-3
£67503/240.37 miPowells Crescent, Scunthorpe3
£63503/240.42 miCherry Grove, Scunthorpe3
£1,05004/240.48 miLakeside North, Scunthorpe, DN163
£92504/240.48 miTurnstone Drive, Scunthorpe3
£69508/240.49 mi-3
£92503/240.5 miTurnstone Drive, Scunthorpe3
£92505/240.5 miTurnstone Drive, Scunthorpe3
£1,05004/240.51 miLakeside North, Scunthorpe, DN163
£82501/250.61 mi-3

Local Area Statistics

Population in DN16

31,697

Population in Scunthorpe

105,498

Town centre distance

1.32 miles away

Nearest school

0.20 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £80,000

March 21, 2025

Floor Plans

Description

  • IDEAL FIRST TIME BUYER / FAMILY HOME in CENTRAL LOCATION +
  • BEING OFFERED with NO ONWARD CHAIN +
  • SPACIOUS THROUGHOUT +
  • GOOD SIZED REAR GARDEN +

IDEAL FIRST TIME BUYER / FAMILY HOME in CENTRAL LOCATION! BEING OFFERED with NO ONWARD CHAIN! SPACIOUS THROUGHOUT! GOOD SIZED REAR GARDEN!

Ideal first time buyer / family home, which is being offered with no onward chain, briefly comprises; a generous lounge / diner, fitted kitchen, ground floor bathroom and three bedrooms to the first floor. Externally the property has a good sized garden, which has gated access to the rear, offering off road parking. In addition to this the home benefits from a gas central heating system and double glazing.
This deceptively spacious home is located in Ashby, close to local schools, amenities and bus routes. Also nearby there are a variety of shops and restaurants and a weekly market. Viewing advised!

Front -

Garden - Good sized, enclosed garden to the rear of the home, which is predominantly laid to lawn, and surrounded with fencing, offering a degree of privacy to the area. There is gated access from the road behind the property, allowing off road parking.

Lounge / Diner - 3.74m x 8.37m (12'3" x 27'5") - Generously sized lounge / diner to the front of the home, with a staircase accessing the first floor.

Kitchen - 1.79m x 3.28m (5'10" x 10'9") - Fitted kitchen, with ample wall and floor units for storage.

Bathroom - 1.81m x 3.07m (5'11" x 10'0") - Bathroom to the ground floor of the home.

Bedroom 1 - 3.79m x 3.63m (12'5" x 11'10") - Double bedroom to the front of the home.

Bedroom 2 - 2.75m x 3.69m (9'0" x 12'1") - Double bedroom, leading through to the third bedroom.

Bedroom 3 - 1.87m x 3.32m (6'1" x 10'10") -

Agent Details

Hunters, Scunthorpe

01724 706794

Next Steps?

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