3-bedroom house · DN16 1ED
Listing removedListed 75 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ongo Homes have a three-bed house for rent on Poplar Tree Avenue in the Warley and Bellingham ward of Scunthorpe.
On the ground floor this property consists of spacious kitchen with modern kitchen units and a good-sized living room. Double doors lead onto the private rear garden.
This property benefits from having a downstairs toilet and sink. Upstairs on the first floor there are three bedrooms; one double and two single.
There is also a family bathroom (bath with overhead shower). Ongo Homes will allow a maximum of three pets to live at this address. Off street parking is available to the front of the property.
This available home is within close proximity to both primary and secondary schools and access to local shops and transport links.
The rent on this advert is currently under review and may increase by the time the property is ready to move into. Ongo Homes will require a minimum of two weeks advanced rent to secure the property.
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
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FAQ
About Poplar Tree Avenue, Scunthorpe
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