3-bedroom terraced house · DN15 7ET
Listing removedListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Starkey&Brown are delighted to offer for sale this fantastic first time buyer home/investment opportunity on Edgemere, Scunthorpe.
The accommodation briefly comprises of 3 good size bedrooms, family bathroom and plenty of storage space to the first floor, whilst downstairs boasts an entrance hall, WC, kitchen with fitted fridge/freezer and dishwasher, lounge/diner overlooking the rear garden, rear lobby area and a store room.
Outside the property has an additional store cupboard to the front, communal parking spaces and an enclosed rear garden which is mainly laid to lawn.
Any interested parties please note the current owner is paying £91.99 quarterly for maintenance of communal areas.
The property sits in a great location closeby to a wide range of amenities including bus routes, shops, supermarkets and motorway access.
An internal inspection is highly recommended, call today to view! Freehold.
Council tax band: A Hall Having uPVC double glazed door to the front aspect, radiator and stairs rising to the first floor.
WC 6' 4'' x 3' 4'' (1.93m x 1.02m) Having low level WC and wash hand basin.
Kitchen 11' 8'' x 8' 6'' (3.55m x 2.59m) Having uPVC double glazed window to the front aspect, coved ceiling, wall and base units with work surfaces over, inset sink and drainer unit, built in oven, hob and extractor, built in fridge freezer, built in dishwasher and space/plumbing for washing machine.
Lounge/Diner 23' 7'' x 11' 4'' (7.18m x 3.45m) Having two uPVC double glazed windows to the rear aspect, door to the rear lobby, coved ceiling and two radiators.
Lobby 6' 1'' x 3' 7'' (1.85m x 1.09m) Having access door to either side and door to store room (measuring 6ft1 x 4ft6).
First Floor Landing Having uPVC double glazed window to the front aspect, radiator, loft access, coved ceiling and three built in cupboards.
Bedroom 1 11' 8'' x 11' 8'' (3.55m x 3.55m) Having uPVC double glazed window to the rear aspect, coved ceiling and radiator.
Bedroom 2 11' 7'' x 11' 7'' (3.53m x 3.53m) Having uPVC double glazed window to the rear aspect, coved ceiling and radiator.
Bedroom 3 7' 5'' x 10' 7'' (2.26m x 3.22m) Having uPVC double glazed window to the side aspect, coved ceiling and radiator.
Bathroom 5' 10'' x 8' 4'' (1.78m x 2.54m) Having uPVC double glazed window to the front aspect, panelled bath, shower cubicle, wash hand basin, low level WC, radiator and coved ceiling.
Outside Front Having communal parking area. Outside Rear The enclosed rear garden is mainly laid to lawn with a fenced surround, range of shrubs/trees and pebbled area.
Agents Note The current owner is paying £91.99 quarterly for maintenance of communal areas.
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
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FAQ
About Edgemere, Scunthorpe
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