3-bedroom terraced house · DN16 2PG
For saleListed 371 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Portfolio Properties are pleased to bring to market this spacious 3-bedroom terraced home on North Parade offers an excellent opportunity for both investors and owner-occupiers.
The ground floor features two generous reception rooms, a kitchen extension, and a family bathroom.
Upstairs, there are two double bedrooms and a single bedroom, offering flexibility for a growing family or rental potential.
The property benefits from a large rear garden complete with a shed and rear access for parking, in addition to side parking with a private driveway.
With its double glazing and gas central heating, the home is both comfortable and energy efficient.
Located in a well-established area of Scunthorpe, this property provides convenient access to local amenities, schools, and transport links, making it ideal for families or investors seeking a reliable rental opportunity.
Investment Potential: With its size, location, and outdoor space, this property presents excellent potential for long-term capital growth or rental yield Viewings & Next Steps Properties at this price attract strong interest.
For investors and serious buyers, we recommend early inspection to evaluate rental rates, refurbishment costings and yield assumptions.
Early viewing is highly recommended Disclaimer - Portfolio Properties believe all the particulars given to be accurate.
They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof.
The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor.
All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc.
The buyer should satisfy him/herself of all measurements prior to purchase.
Before we can accept an offer for any property, we will need certain information from you which will enable us to qualify your offer.
If you are making a cash offer which is not dependent upon the sale of another property, we will require proof of funds.
You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost.
In addition, any delay may result in the property being offered to someone else.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.
Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor.
Portfolio Properties will not be held responsible for any failure to disclose any such defects.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that we will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 North Parade, Scunthorpe, Lincolnshire, DN16
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