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See how verdicts work1-bedroom bungalow · DN15 8UL
For saleReduced £5k (−6.7%) on 21 AugListed 621 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 detached park home on Cedar Avenue in the Charnwood Park Estate on the outskirts of Scunthorpe.
The park home sits in an excellent position within close proximity to a wide range of local amenities and motorway links.
The property is well presented throughout and briefly comprises of a lounge, kitchen, bathroom and 1 double bedroom (originally a 2 bed, could easily be reinstated if required).
Outside the property has a good size block paved area providing off street parking, along with low maintenance gardens to the front, side and rear. A monthly ground rent of £188 is payable.
Call today to view! Lounge (18' 8'' x 8' 5'' (5.69m x 2.56m)) Having two uPVC double glazed windows to the front aspect, two uPVC double glazed doors to the side aspects and two radiators.
Kitchen (9' 2'' x 7' 1'' (2.79m x 2.16m)) Having uPVC double glazed window to the side aspect, wall and base units with work surfaces over, inset sink and drainer unit, built in oven, hob and extractor, radiator and boiler.
Bedroom (9' 5'' x 12' 5'' (2.87m x 3.78m)) A large bedroom, originally two bedrooms (could be reinstated if required). Having uPVC double glazed windows to the rear and side aspects and radiator.
Inner Hall Having uPVC double glazed window to the rear aspect and radiator.
Bathroom (6' 8'' x 5' 5'' (2.03m x 1.65m)) Having uPVC double glazed window to the side aspect, panelled bath, wash hand basin, WC and heated towel rail.
Outside The property is accessed via steps either side. Having a block paved driveway, lawned garden to the rear, low maintenance garden to the front and a paved patio area.
Agents Note A ground rent of £188 is charged monthly.
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
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FAQ
About 9, Cedar Avenue, Scunthorpe
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