2-bedroom house · DN16 3JY
Listing removedListed 73 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cade Estate Agency are delighted to offer to the market this two bedroom mid terrace house To Let.
Located on the popular Lakeside development of Scunthorpe, the property is a five-minute walk to the nearest school and other local amenities The downstairs of the property comprises of an open plan living kitchen area with W.C., whilst upstairs there are two double bedrooms and a family bathroom.
There is off-road parking available at the front of the property, and a low maintenance garden with a shed to the rear. Neutrally decorated throughout, and is available now!
EPC Rating: B Council Tax Band: B Please note the fees applicable for this Property are as follows: £700 - Rent in advance £161 - Holding deposit (refundable subject to references) £807 - Deposit Please note that prospective Tenants will be required to provide valid proof of address, identification and any right to rent documentation (visas etc) prior to moving into any of our Properties.
Entrance Kitchen Living Area W.C. Landing Bedroom One Bedroom Two Bathroom Outside
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 47, Turnstone Drive, Scunthorpe
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