2-bedroom flat · DN16 1HB
Sold STCListed 358 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal first time buyer / investment property - first floor flat! Two bedrooms! Enclosed, south facing terrace area! Central location - ideal for commuting! No onward chain!
This ideal first time buyer / investment property, which is being offered with no onward chain, briefly comprises; a generous lounge / diner, fitted kitchen, two bedrooms and a bathroom.
The home also benefits from a gas central heating system, double glazing and a low maintenance outdoor terrace.
This first floor flat is located centrally, close to local schools, amenities and transportation links - ideal for commuters! Viewing advised! Kitchen Fitted kitchen, with ample units for storage.
Lounge / Diner (5.04m x 3.45m (16'6" x 11'3")) Neutrally decorated, generously sized lounge / diner. Bedroom 1 (3.10m x 3.83m (10'2" x 12'6")) Double bedroom.
Bedroom 2 (2.13m x 2.51m (6'11" x 8'2")) Enclosed Yard Low maintenance exterior area, which is south facing. Bathroom Bathroom with neutral suite.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 15, Earls Walk, Scunthorpe
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