2-bedroom flat · DN17 1UF
For saleListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reference - RF0897 - A 2 bedroom 1st floor flat offered for sale with a long term tenant of circa 9 years generating a rental income of £5760 Per annum.
Well maintained throughout this flat comes with gas central heating and upvc double glazing.
Accommodation briefly comprises of a reception hall with stairway to the 1st floor living space, kitchen, lounge diner, 2 bedrooms and a family bathroom.
It comes with an EPC rating of C with a lease expiry date of the year 2132 and a combined service and maintenance charge of £702.74PA. Proven tenancy with all relevant documentation in place.
Full details below. A door with security entry system gives access to the communal areas. A door gives access to the Entrance Hallway.
With stairway to the 1st floor and upvc double glazed window to the rear elevation. 1st floor landing. Loft hatch to the internal roof void, airing cupboard with combination boiler. Lounge Diner.
16'8'' X 11'5'' max - 7'4'' minimum. With upvc double glazed doorway to the front elevation. 2 Radiators and upvc double glazed windows to the side and rear elevations. Kitchen.
9'8'' X 6'2'' With range of units to the base and high level. Rolled edge work surface and inset stainless steel single drainer sink unit. Stainless steel oven, 4 ring hob and extractor fan over.
Plumbing for a washing machine and upvc double glazed window to the rear elevation. Bedroom 1 .
11'3'' x 10'5'' With built in store cupboard, radiator and upvc double glazed window to the front elevation. Bedroom 2.
10'1'' X 8'0'' With store cupboard/wardrobe, radiator and upvc double glazed window to the front elevation. Family Bathroom.
With 3 piece suite comprising of a low level wc, wash hand basin and twin grip panel bath with shower unit over.. Tiled walls, heated towel rail and upvc double glazed window to the rear elevation.
Value & comps
No previous sales on record.
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 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
FAQ
About 40, Hindon Walk, Scunthorpe
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