2-bedroom flat · DN16 3AT
Sold STCListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Great first-floor flat- ideal downsize / first-time buyer property, being offered with no onward chain. Well presented throughout. Two double bedrooms. Well-maintained rear garden. Close to amenities.
Beautifully presented first floor flat - being offered with no onward chain, which briefly comprises; a generously sized lounge, fitted kitchen, two double bedrooms and a bathroom.
To the rear of the home there is a picturesque garden, which is predominantly laid to lawn, with mature shrubs and trees - offering a great place to enjoy the outside area.
In addition to this the home benefits from a gas central heating system, double glazing and a balcony area. This property is centrally located, close to local schools, amenities and bus routes.
Also nearby there is Ashby High Street, with a variety of individual shops and restaurants. Viewing advised! Front - Attractive front to the home, with covered porch area.
Rear Garden - The rear garden is a generous and well-maintained outdoor area, featuring a variety of mature shrubs and trees. The garden benefits from external, brick built storage.
Store - The external storage area is a brick-built outbuilding, conveniently accessible from the rear garden.
Living Room - 15'4" x 8'11" - Good sized lounge to the rear of the home, offering a bright sitting area, with feature fireplace.
Kitchen - 11'4" x 10'10" - Generously sized kitchen / diner, with ample units for storage. The kitchen has a door accessing the handy balcony.
Bathroom - 8'4" x 5'7" - Bathroom, with neutral white suite.
Bedroom 1 - 11'7" x 11'5" - Double bedroom offering a bright space with painted floorboards and a large window that fills the room with natural light.
Bedroom 2 - 14'5" x 8'9" - Double bedroom to the rear of the home. Balcony - 16'7" x 7'11" - The balcony offers a pleasant outdoor space directly accessible from the kitchen.
Value & comps
No previous sales on record.
Returns
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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 Grange Lane South, Scunthorpe
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