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See how verdicts work2-bedroom house · DN17 3HZ
Listing removedListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the picturesque rural village of Althorpe, this charming detached home presents a fantastic opportunity for someone to create a truly special family home and is offered to the market with the added benefit of no onward chain.
The property itself is a former 19th-century outbuilding , sympathetically converted into a detached two-storey cottage in approximately 2007 Nestled within the North Lincolnshire countryside, Althorpe is a peaceful and sought-after village renowned for its attractive rural surroundings, scenic walks, and strong sense of community, whilst still offering convenient access to the nearby market towns of Scunthorpe, Brigg and Crowle, making it ideal for those seeking village living without compromising on everyday amenities.
The home briefly comprises an entrance porch leading into a welcoming hallway, a spacious dual-aspect lounge allowing an abundance of natural light to flood the room, a fitted kitchen, and a useful ground floor WC/utility area.
The first floor offers two generously sized bedrooms, both serviced by a family bathroom suite.
Externally, the property occupies a generous plot with a fenced boundary to the front leading onto an extensive lawned garden.
A pebble driveway provides ample off-road parking for a number of vehicles.
The enclosed and private rear garden is a real feature of the home, enjoying a paved patio entertaining area leading onto a combination of pebbled and lawned sections, all enclosed by mature hedging which provides an excellent degree of privacy.
The garden also benefits from a useful storage shed. Viewings are highly recommended to fully appreciate the property's character, generous plot, fascinating history and idyllic village setting.
EPC Rating: E Lounge (4.08m x 3.96m) Kitchen (3.83m x 1.45m) Wc (1.84m x 0.85m) Hallway (4.00m x 1.99m) Porch (1.75m x 1.13m) Bedroom 1 (4.00m x 2.55m) Bedroom 2 (3.52m x 2.97m) Bathroom (3.85m x 1.50m)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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 The Engine House Crowle Bank Road, Scunthorpe
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