1-bedroom flat · DN17 1XD
No longer listedListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ongo Homes have a one-bed first floor flat on Teignmouth Court in the Westcliff area of Scunthorpe.
This flat consists of internal hallway that leads to a spacious living room, compact kitchen, bathroom (with bath) and one good sized bedroom.
This property benefits from having a large built in hallway storage cupboard. Access to this flat is via a set of external stairs and private front door (no communal entrance).
Ongo Homes will allow a maximum of one pet to live at this address. Off street parking spaces are available but they are not designated.
Residents of the area have access to communal gardens and a laundry room shared/ used by other residents of the complex.
Ongo Homes will require a minimum of two weeks advanced rent to secure the property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 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 Teignmouth Court Charles Lovell Way, Scunthorpe
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