2-bedroom flat · DN16 3UU
Listing removedListed 72 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Introducing this two-bed ground floor flat on Gadwall Way, Scunthorpe.
This property is located off Lakeside Parkway, which offers easy access to Lakeside Retail Park, Ashby Ville Nature Reserve and is only a 10-minute drive to Scunthorpe Railway station.
The property comprises an entrance hall that leads to an open plan living/kitchen with a built-in hob and oven and patio doors.
Next to this room is the master bedroom with a built-in wardrobe and a smaller second room, which could also double up as an at-home office. Finally, there's a three-piece bathroom suite.
This property comes with an allocated car parking space. Find it on What3Words: ///games.drum.hosts Tenancy duration: Flexible and variable terms available.
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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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 advisers 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
FAQ
About 56 Gadwall Way, Scunthorpe, North Lincolnshire
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