Starkey & Brown says ..
FANTASTIC INVESTMENT OPPORTUNITY! The property currently has a tenant in situ paying a monthly rent of £700, generating a rental yield of 9.8%. The accommodation briefly comprises of 3 bedrooms to the first floor, whilst downstairs boasts a lounge, separate dining room, kitchen and bathroom...
Property Oracle says ..
This three-bedroom terraced house located on West Street, Scunthorpe, presents itself as a potential investment opportunity given the existing tenant and a monthly rental income of £700. The property’s location in Scunthorpe town centre offers convenient access to transportation, schools, and amenities. Nearby schools include Scunthorpe Cofe Primary School, which holds a ‘Good’ Ofsted rating, making it an attractive prospect for families. The train station is also within close proximity. However, the provided images suggest the property would require some degree of modernisation. The interior decor appears dated, and some updates would improve the aesthetic appeal and potentially increase rental yield. The lack of garden space is a notable point for buyers looking for outdoor space. Overall, the property represents a reasonable investment opportunity, particularly for those seeking a rental property in a well-located area; however, potential buyers should consider the required improvements. The absence of plot size information is noteworthy and could affect the overall evaluation for some buyers.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,204.16
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 417,357.00 £Increased by 24.29 %
- Est sale value
- 537,055.36 £Increased by 14.95 %
- Average area rental value
- 1,487.00 £/moIncreased by 1.09 %
- Est letting value
- 1,204.16 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.28 %Decreased by 18.63 %
- Crime Rate
- 24.00 %Unchanged by 0.00 %
Agent Activity
Starkey & Brown marked this listing as sold.
Starkey & Brown created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Scunthorpe Cofe Primary School | Voluntary Controlled School | Good | 0.38 KM |
West Street Children'S Centre | Children's Centre | 0.41 KM | |
Crosby Primary School | Community School | Good | 0.81 KM |
Frodingham Children'S Centre | Children's Centre | 0.93 KM | |
Oasis Academy Henderson Avenue | Academy Sponsor Led | Good | 0.99 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
West Street | £ 80,000 | 0 | 0.00 KM |
Mulgrave Street South | £ 0 | 0 | 0.00 KM |
High Street | £ 0 | 0 | 0.00 KM |
Sheffield Street West | £ 85,000 | 0 | 0.00 KM |
King Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Scunthorpe | 6456 | SCU | 0.71 KM |
Althorpe | 6532 | ALP | 8.96 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
West Street, Scunthorpe | £ 85,000 | BUY | 5 / 10 | 0.00 KM |
West Street, Scunthorpe, DN15 | £ 75,000 | BUY | 5 / 10 | 0.06 KM |
West Street, Scunthorpe, Lincolnshire, DN15 | £ 80,000 | BUY | 5 / 10 | 0.09 KM |
Percival Street, ., Scunthorpe, Lincolnshire, DN15 6JD | £ 65,000 | BUY | 5 / 10 | 0.16 KM |
Percival Street, Scunthorpe | £ 88,950 | BUY | 5 / 10 | 0.18 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
5 Teale Street | £ 25,000 | 0.06 KM |
7 Teale Street | £ 69,950 | 0.06 KM |
14 Teale Street | £ 45,000 | 0.06 KM |
28 Teale Street | £ 42,500 | 0.08 KM |
43 Teale Street | £ 57,000 | 0.08 KM |