3 Bed Terraced House, Single Let, Scunthorpe, DN17 2JG, £100,000

Ormsby Road, Scunthorpe, Lincolnshire, DN17 2JG - 9 days ago

BTL
ROI: 6%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£65.5K - £239.9K
Sold Prices/m²£862/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£121,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£495 - £1,300

Rent Estimate

£613

Running Costs/mo

£455

Cashflow/mo

£158

Cashflow/yr

£1,895

ROI

6%

Gross Yield

7%

Local Sold Prices

51 sold prices from £65.5K to £239.9K, average is £119K. £862/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£119K04/230.04 mi18, Ormsby Road, Scunthorpe, North Lincolnshire DN17 2JG3
£88K07/210.07 mi39, Maltby Road, Scunthorpe, North Lincolnshire DN17 2JE3
£65.5K10/200.08 mi49, Spilsby Road, Scunthorpe, North Lincolnshire DN17 2JH3
£131.5K07/230.1 mi36, Salmonby Road, Scunthorpe, North Lincolnshire DN17 2JJ3
£124.5K08/230.1 mi16, Salmonby Road, Scunthorpe, North Lincolnshire DN17 2JJ3
£103K08/210.11 mi18, Caenby Road, Scunthorpe, North Lincolnshire DN17 2EW3
£117K11/220.14 mi90, Somerby Road, Scunthorpe, North Lincolnshire DN17 2EU3
£110K05/210.15 mi94, Somerby Road, Scunthorpe, North Lincolnshire DN17 2EU3
£103K10/200.15 mi56, Willoughby Road, Scunthorpe, North Lincolnshire DN17 2DH3
£102.5K09/210.18 mi15, Searby Road, Scunthorpe, North Lincolnshire DN17 2JU3
£95K01/230.18 mi42, Dragonby Road, Scunthorpe, North Lincolnshire DN17 2LD3
£145K05/230.19 mi40, Kirkby Road, Scunthorpe, North Lincolnshire DN17 2JZ3
£129.9K07/230.19 mi10, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£129.9K07/230.19 mi10, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£129.9K08/230.19 mi12, Ranby Road, Scunthorpe, North Lincolnshire DN17 2EH3
£115K11/210.2 mi114, Willoughby Road, Scunthorpe, North Lincolnshire DN17 2NW3
£125K11/200.22 mi134, Enderby Road, Scunthorpe, North Lincolnshire DN17 2JS3
£85.5K04/210.23 mi46, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£128K06/230.23 mi38, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£115K08/230.23 mi17, Beesby Road, Scunthorpe, North Lincolnshire DN17 2EG3
£110K09/220.23 mi43, Wragby Road, Scunthorpe, North Lincolnshire DN17 2HG3
£83K02/210.25 mi45, Morley Road, Scunthorpe, North Lincolnshire DN17 2DW3
£135K11/220.26 mi146, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BG3
£98K11/200.27 mi6, Ulceby Road, Scunthorpe, North Lincolnshire DN17 2HF3
£239.9K04/230.28 mi3, Stainton Drive, Scunthorpe, North Lincolnshire DN17 2SF3
£133K09/210.28 mi160, Enderby Road, Scunthorpe, North Lincolnshire DN17 2JX3
£139.9K12/200.3 mi125, Willoughby Road, Scunthorpe, North Lincolnshire DN17 2NF3
£165K11/220.3 mi53, Bolingbroke Road, Scunthorpe, North Lincolnshire DN17 2NJ3
£117K02/210.3 mi22, Fotherby Road, Scunthorpe, North Lincolnshire DN17 2NL3
£94.5K04/210.3 mi7, Fotherby Road, Scunthorpe, North Lincolnshire DN17 2NL3
£91.2K12/200.31 mi16, Aylesby Road, Scunthorpe, North Lincolnshire DN17 2DR3
£100K11/200.31 mi41, Enderby Road, Scunthorpe, North Lincolnshire DN17 2HB3
£118K01/210.31 mi238, Burringham Road, Scunthorpe, North Lincolnshire DN17 2BH3
£140K10/200.31 mi8, Low Leys Road, Scunthorpe, North Lincolnshire DN17 2SE3
£119.5K05/210.31 mi28, Low Leys Road, Scunthorpe, North Lincolnshire DN17 2SE3
£165K02/230.31 mi28, Low Leys Road, Scunthorpe, North Lincolnshire DN17 2SE3
£145K04/230.31 mi4, Low Leys Road, Scunthorpe, North Lincolnshire DN17 2SE3
£187K07/230.31 mi26, Low Leys Road, Scunthorpe, North Lincolnshire DN17 2SE3
£115K06/210.32 mi40, Enderby Road, Scunthorpe, North Lincolnshire DN17 2HD3
£110K04/230.32 mi60, Enderby Road, Scunthorpe, North Lincolnshire DN17 2HD3
£115K04/210.32 mi34, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DN3
£116K11/210.34 mi24, Angerstein Road, Scunthorpe, North Lincolnshire DN17 2NA3
£135K10/210.34 mi57, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DL3
£129K01/210.34 mi27, Quebec Road, Scunthorpe, North Lincolnshire DN17 2TB3
£115K05/210.36 mi32, Asterby Road, Scunthorpe, North Lincolnshire DN17 2DN3
£120K02/210.38 mi3, Cloister Close, Scunthorpe, North Lincolnshire DN17 1WA3
£170K06/210.38 mi37, Bolingbroke Road, Scunthorpe, North Lincolnshire DN17 2NQ3
£220K12/220.38 mi22, Hammerton Road, Scunthorpe, North Lincolnshire DN17 2SB3
£175K12/220.38 mi18, High Leys Road, Scunthorpe, North Lincolnshire DN17 2PA3
£190K06/230.39 mi9, Ottawa Road, Scunthorpe, North Lincolnshire DN17 2TG3
£78K04/210.39 mi14, Manor Farm Road, Scunthorpe, North Lincolnshire DN17 1LF3

Local Rents

31 rents from £495/mo to £1.3K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75012/240.31 miFotherby Road, Scunthorpe3
£75003/250.32 mi-3
£90008/240.46 mi-3
£75012/240.49 miDean Road, SCUNTHORPE3
£94512/240.5 mi-3
£90003/250.51 mi-3
£99003/250.66 mi-3
£78012/240.68 mi-3
£80001/250.68 mi-3
£75012/240.71 mi-3
£75011/240.71 mi-3
£79511/240.71 mi-3
£95003/250.73 mi-3
£79504/250.74 mi-3
£69512/230.76 mi-3
£97512/240.77 mi-3
£85012/240.8 mi-3
£65004/240.81 miVictoria Road, Scunthorpe3
£90002/250.84 mi-3
£49511/230.85 mi-3
£90012/240.87 miWest Common Gardens, Scunthorpe3
£85009/230.87 mi-3
£57503/240.89 miLindley Street, Scunthorpe3
£85001/250.91 mi-3
£82501/250.95 mi-3
£1,30003/241 miSeabrook Drive, Scunthorpe3
£1,20004/241 miSeabrook Drive, Scunthorpe3
£80003/251.03 mi-3
£85003/241.12 miValley View Drive, Bottesford, Scunthorpe, DN163
£67503/241.15 miPowells Crescent, Scunthorpe3
£63503/241.21 miCherry Grove, Scunthorpe3

Local Area Statistics

Population in DN17

37,168

Population in Scunthorpe

105,498

Town centre distance

1.60 miles away

Nearest school

0.20 miles away

Nearest train station

1.82 miles away

 

 

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £100,000

March 26, 2025

Floor Plans

Description

  • NO CHAIN +
  • IDEAL INVESTMENT OPPORTUNITY +
  • MODERN KITCHEN & BATHROOM +
  • SPACIOUS LOUNGE DINER +
  • THREE GENEROUS BEDROOMS +
  • ENCLOSED & PRIVATE REAR GARDEN +
  • OFF ROAD PARKING TO REAR +

NO CHAINIDEAL INVESTMENT OPPORTUNITYMODERN KITCHEN & BATHROOM

Sold with no onward chain, this spacious mid-terrace home presents an excellent opportunity for first-time buyers or investors alike. Recently redecorated throughout, it features a modern fitted kitchen and bathroom, offering a comfortable and stylish living space.

The ground floor comprises a welcoming entrance hall, a generous lounge, a separate dining room, and a contemporary kitchen. Upstairs, you'll find three well-proportioned bedrooms, complemented by a sleek family bathroom and a separate WC for added convenience.

Externally, the property boasts a low-maintenance front garden. To the rear, there is a private, enclosed garden with a predominantly lawned area, along with useful outbuildings for additional storage. A raised block-paved section provides the option for off-road parking, offering flexibility for the homeowner.

Viewings are highly recommended to fully appreciate all this property has to offer.

Agent Details

Paul Fox, Scunthorpe

01724 514340

Next Steps?

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