1-bedroom flat · DN15 6JL
Sold STCListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Centrally positioned and offered for sale with no onward chain, this beautifully presented lower ground floor apartment represents a rare turn-key opportunity in one of Scunthorpe's most well-managed modern developments.
Completed in October 2023, the property presents in pristine condition throughout.
At 51 m2 it is one of the most generously sized one-bedroom apartments in the development, and benefits from a long leasehold of approximately 284 years remaining.
Ideally situated within easy reach of shops, restaurants, transport links and the town centre train station, the apartment suits first-time buyers seeking stylish, low-maintenance town-centre living and investors looking for an immediate, proven income stream alike.
Accessed via a secure communal entrance, the apartment opens into an impressive open-plan kitchen, dining and entertaining space - bright, contemporary and finished to a high modern standard, with a range of integral appliances throughout.
The generously sized double bedroom leads through to a stylish en-suite shower room. Viewings are highly recommended to fully appreciate the light, space and quality this apartment offers.
For investors: The property is currently generating £670 pcm in rental income. For full financial details and yield information, please contact the agent. EPC Rating: C
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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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.
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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 Apt 5, Linea Dunstall Street, Scunthorpe
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