2-bedroom flat · DN17 4NS
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase this well-proportioned two bedroom first floor flat, situated in the popular market town of Crowle.
Internally, the accommodation comprises a spacious lounge, fitted kitchen, bathroom and two bedrooms.
A particularly useful feature is the large ground floor storage cupboard/shed, which provides excellent additional storage and would also make an ideal utility space.
Externally, there is access to a communal garden, along with a separate wooden storage shed. On-street parking is available directly to the front of the property.
The flat is currently tenanted, making this an attractive option for investors looking for an established rental property, while also offering potential as a comfortable home for future owner-occupiers.
Early viewing is recommended to appreciate the accommodation and investment potential on offer.
Lounge (12' 5'' x 11' 5'' (3.79m x 3.47m)) Kitchen (11' 5'' x 6' 3'' (3.47m x 1.90m)) Bedroom One (10' 10'' x 9' 6'' (3.30m x 2.90m)) Bedroom Two (11' 9'' x 6' 3'' (3.57m x 1.90m)) Bathroom (6' 3'' x 4' 11'' (1.90m x 1.50m))
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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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 16, Cranidge Close, Scunthorpe
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