West Street, Scunthorpe
ST

West Street, Scunthorpe

By Starkey & Brown

£ 85,000

Reviews

2 out of 5 stars

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 %
from 335,788.00 £
Est sale value
537,055.36 £
Increased by 14.95 %
from 467,214.08 £
Average area rental value
1,487.00 £/mo
Increased by 1.09 %
from 1,471.00 £/mo
Est letting value
1,204.16 £/mo
Unchanged by 0.00 %
from 1,204.16 £/mo
Est rental Yield
4.28 %
Decreased by 18.63 %
from 5.26 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Starkey & Brown marked this listing as sold.

  • Starkey & Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Scunthorpe Cofe Primary SchoolVoluntary Controlled SchoolGood0.38 KM
West Street Children'S CentreChildren's Centre0.41 KM
Crosby Primary SchoolCommunity SchoolGood0.81 KM
Frodingham Children'S CentreChildren's Centre0.93 KM
Oasis Academy Henderson AvenueAcademy Sponsor LedGood0.99 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
West Street £ 80,00000.00 KM
Mulgrave Street South £ 000.00 KM
High Street £ 000.00 KM
Sheffield Street West £ 85,00000.00 KM
King Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Scunthorpe6456SCU0.71 KM
Althorpe6532ALP8.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
West Street, Scunthorpe £ 85,000BUY5 / 100.00 KM
West Street, Scunthorpe, DN15 £ 75,000BUY5 / 100.06 KM
West Street, Scunthorpe, Lincolnshire, DN15 £ 80,000BUY5 / 100.09 KM
Percival Street, ., Scunthorpe, Lincolnshire, DN15 6JD £ 65,000BUY5 / 100.16 KM
Percival Street, Scunthorpe £ 88,950BUY5 / 100.18 KM

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AddressPriceDistance
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7 Teale Street £ 69,9500.06 KM
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28 Teale Street £ 42,5000.08 KM
43 Teale Street £ 57,0000.08 KM