2 Bed Terraced House, Single Let, Scunthorpe, DN16 3WH, £130,000

Pochard Drive, Scunthorpe, DN16 3WH - 2 views - 15 days ago

BTL
ROI: 3%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£53K - £217K
Sold Prices/m²£707/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£122,135

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,800

Total Cash In

£40,300

 

 

Cash Out

 

Rent Range

£600 - £825

Rent Estimate

£649

Running Costs/mo

£556

Cashflow/mo

£93

Cashflow/yr

£1,115

ROI

3%

Gross Yield

6%

Local Sold Prices

43 sold prices from £53K to £217K, average is £112K. £707/m² to £3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£115K10/200.07 mi17, Gadwall Way, Scunthorpe, North Lincolnshire DN16 3UU2
£112K01/210.09 mi33, Whimbrel Chase, Scunthorpe, North Lincolnshire DN16 3WJ2
£105.5K04/210.23 mi12, Shelduck Way, Scunthorpe, North Lincolnshire DN16 3FY2
£135K09/230.26 mi18, Dunlin Drive, Scunthorpe, North Lincolnshire DN16 3UZ2
£105K05/210.26 mi28, Dunlin Drive, Scunthorpe, North Lincolnshire DN16 3UZ2
£126K10/210.34 mi1, Ennerdale Lane, Scunthorpe, North Lincolnshire DN16 2RW2
£118K06/210.34 mi27, Ennerdale Lane, Scunthorpe, North Lincolnshire DN16 2RW2
£113K10/200.34 mi29, Ennerdale Lane, Scunthorpe, North Lincolnshire DN16 2RW2
£115K01/210.39 mi28, Coverdale Road, Scunthorpe, North Lincolnshire DN16 2RP2
£120K06/230.39 mi1, Coverdale Road, Scunthorpe, North Lincolnshire DN16 2RP2
£217K07/210.49 mi6, Wisteria Way, Scunthorpe, North Lincolnshire DN16 3AQ2
£100K01/230.49 mi49, Manifold Road, Scunthorpe, North Lincolnshire DN16 2RD2
£120K06/210.5 mi20, Derwent Road, Scunthorpe, North Lincolnshire DN16 2NU2
£95.3K01/210.51 mi51, Manifold Road, Scunthorpe, North Lincolnshire DN16 2RD2
£167K02/210.57 mi9, Lunedale Road, Scunthorpe, Humberside DN16 2RA2
£202.5K10/230.57 mi9, Lunedale Road, Scunthorpe, North Lincolnshire DN16 2RA2
£86.5K01/230.58 mi248, Queensway, Scunthorpe, North Lincolnshire DN16 2JJ2
£128.3K02/210.61 mi2, Chamomile Close, Scunthorpe, North Lincolnshire DN16 3DB2
£140K07/230.67 mi2, Wyredale Road, Scunthorpe, North Lincolnshire DN16 2PZ2
£79K12/200.71 mi58, Ville Road, Scunthorpe, North Lincolnshire DN16 2NW2
£79K12/200.71 mi58, Ville Road, Scunthorpe, North Lincolnshire DN16 2NW2
£117.5K02/210.71 mi9, Pinewood Close, Scunthorpe, North Lincolnshire DN16 3FB2
£105K02/210.72 mi59, Woodcross Avenue, Scunthorpe, North Lincolnshire DN16 3FG2
£120K02/230.73 mi9, St James Place, Scunthorpe, North Lincolnshire DN16 3FH2
£106.5K05/210.74 mi9, Oakwell Close, Scunthorpe, North Lincolnshire DN16 3FD2
£72.5K10/210.75 mi69, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3BW2
£129.9K12/220.78 mi15, Nutwell Court, Scunthorpe, North Lincolnshire DN16 3GL2
£114K08/210.78 mi29, Nutwell Court, Scunthorpe, North Lincolnshire DN16 3GL2
£110K10/210.78 mi5, Nutwell Court, Scunthorpe, North Lincolnshire DN16 3GL2
£120.5K05/230.78 mi21, Nutwell Court, Scunthorpe, North Lincolnshire DN16 3GL2
£100K11/220.79 mi27, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3AR2
£90K09/210.79 mi53, Grange Lane South, Scunthorpe, North Lincolnshire DN16 3AR2
£101.5K01/210.8 mi12, Nutwood View, Scunthorpe, North Lincolnshire DN16 3GN2
£105K06/210.8 mi26, Nutwood View, Scunthorpe, North Lincolnshire DN16 3GN2
£90K11/200.84 mi41, North Parade, Scunthorpe, North Lincolnshire DN16 2PQ2
£81K08/230.84 mi37, North Parade, Scunthorpe, North Lincolnshire DN16 2PQ2
£121K03/230.85 mi14, Tilia Close, Scunthorpe, North Lincolnshire DN16 3GP2
£102K01/210.88 mi18, Ivy House Court, Scunthorpe, North Lincolnshire DN16 3GS2
£102K12/220.9 mi23, Smithfield Road, Scunthorpe, North Lincolnshire DN16 2NJ2
£53K01/210.92 mi58, Ashby High Street, Scunthorpe, North Lincolnshire DN16 2ND2
£86K02/210.94 mi1, Mill Croft, Scunthorpe, North Lincolnshire DN16 1QL2
£137.9K04/210.96 mi32, Winchester Drive, Scunthorpe, North Lincolnshire DN16 3RU2
£175K11/220.98 mi44, Grammar School Walk, Scunthorpe, North Lincolnshire DN16 3NQ2

Local Rents

11 rents from £600/mo to £825/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£72504/240.02 miHeron Gate, Scunthorpe2
£75004/240.02 miHeron Gate, SCUNTHORPE2
£75003/240.07 miKingfisher Way, SCUNTHORPE2
£60006/240.2 mi-2
£67504/230.22 mi-2
£64007/230.22 mi-2
£69503/240.23 mi-2
£75009/240.23 mi-2
£82503/240.3 miLakeside North, Scunthorpe, DN162
£82503/240.33 miLakeside North, Scunthorpe, DN162
£70003/240.34 miEnnerdale Lane, Scunthorpe, North Lincolnshire, DN162

Local Area Statistics

Population in DN16

31,697

Population in Scunthorpe

105,498

Town centre distance

2.09 miles away

Nearest school

0.30 miles away

Nearest train station

2.22 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £130,000

March 31, 2025

Floor Plans

Description

  • Ideal Investment Opportunity/First Time Buy +
  • End Terrace House +
  • 2 Double Bedrooms +
  • Downstairs WC +
  • Rear Garden +
  • Allocated Parking Space +
  • Excellent Amenities Nearby +
  • Chain Free! +

Located in the popular Lakeside area of Scunthorpe close by to a good range of essential amenities, schools and convenient motorway links, this ideal first time buy/investment opportunity has NO ONWARD CHAIN! The accommodation briefly comprises of 2 double bedrooms and a family bathroom to the first floor, whilst downstairs boasts a lounge, WC and kitchen. Outside the property has an enclosed lawned garden to the rear and an allocated parking space. Call today to view! Freehold. Council tax band: B

Agent Details

Starkey & Brown, Scunthorpe

01724 706802

Next Steps?

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