Modern Method of Auction
Auction date not yet published
5-bedroom semi-detached house · DN15 7BL
For saleListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a highly sought after location close to Scunthorpe Town Centre and Hospital and offered with no onward chain.
This impressive five bedroom HMO generates an annual income of £24,027.84, making it an attractive proposition for investors and professionals alike.
Each of the five double bedrooms benefits from its own en suite, offering privacy and comfort for all residents.
The modern fitted kitchen is both stylish and practical, providing ample space for meal preparation and socialising.
The property is for sale via the modern method of auction, ensuring a transparent and efficient purchasing process.
Residents will appreciate the close proximity to a range of local amenities, including shops, cafes, and transport links, making daily life convenient and enjoyable.
With its generous accommodation, contemporary finish, and superb location, this property combines lifestyle appeal with solid investment potential.
Early viewing is strongly recommended to fully appreciate all that this exceptional home has to offer.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
EPC Rating: C Bedroom 3 (3.91m x 3.64m) Bedroom 2 (3.80m x 3.64m) Bedroom 1 (3.68m x 3.64m) Kitchen (5.18m x 2.11m) En-Suite (1.75m x 1.10m) Bedroom 5 (3.64m x 2.81m) Dressing Area/Office (2.70m x 2.11m) Bedroom 4 (3.68m x 3.64m) En-Suite (2.38m x 2.11m)
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 109 Cliff Gardens, Scunthorpe
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