We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · DN17 1JH
Listing removedListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-located three-bedroom end-terrace close to Ashby Town Centre, schools, and transport links. A great buy with no onward chain—ideal for first-time buyers or investors.
2 Monks Road, Scunthorpe A well-presented three-bedroom end-terrace home with garage, driveway, and rear garden Step Inside;- Step through the front door into a spacious and welcoming home, ideal for modern family living.
The ground floor offers a generously sized lounge, perfect for relaxing or entertaining guests.
To the rear, you’ll find a well-appointed kitchen diner providing ample space for both cooking and dining, with direct access into a bright conservatory—an ideal spot to enjoy views of the garden all year round.
A convenient downstairs WC completes the ground floor layout. Upstairs, the property offers three well-proportioned bedrooms.
The main bedroom benefits from fitted wardrobes, providing excellent storage solutions. The family bathroom is fitted with a bath, offering a practical and comfortable space for everyday use.
Step Outside;- Externally, the property continues to impress. To the front, there is a driveway providing off-road parking, along with access to a garage for additional storage or parking needs.
To the rear, the enclosed garden offers a private outdoor space, perfect for relaxing, gardening, or entertaining during the warmer months.
Location;- Ideally situated, this property enjoys a convenient location with excellent local amenities. There are well-regarded schools nearby, making it a great choice for families.
A regular bus route is within easy reach, providing straightforward transport links.
The property is also just a short distance from Ashby Town Centre, where you’ll find a variety of shops, restaurants, and everyday conveniences.
Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
TO VIEW OR MAKE A BID – Contact DDM Residential ENTRANCE HALL LOUNGE 14' 6" x 11' 4" (4.42m x 3.45m) DOWNSTAIRS WC KITCHEN DINER 17' 5" x 9' 4" (5.3m x 2.84m) SUN ROOM 14' 0" x 8' 6" (4.27m x 2.6m) BEDROOM 1 11' 2" x 8' 1" (3.4m x 2.46m) BEDROOM 2 10' 7" x 10' 1" (3.23m x 3.07m) BEDROOM 3 7' 4" x 6' 7" (2.24m x 2m) BATHROOM 7' 4" x 6' 8" (2.24m x 2.03m) AGENTS NOTES TO BUYERS Prospective purchasers are advised that, in addition to the purchase price, further costs may be incurred when buying a property.
These can include, but are not limited to, Stamp Duty Land Tax (SDLT), legal and conveyancing fees, survey costs, and mortgage arrangement fees.
Buyers should ensure they seek appropriate financial advice and budget accordingly.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
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 2, Monks Road, Scunthorpe, North Lincolnshire, DN17
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