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See how verdicts work3-bedroom house · DN15 6DN
No longer listedReduced £10k (−9.5%) on 21 JunListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned in the heart of Scunthorpe town centre, this spacious terraced property presents an excellent investment opportunity, offering immediate income potential for its new owner.The property has benefited from recent upgrades, including new flooring to both the lounge, dining room and kitchen, along with improvements to the bathroom - ensuring it is well-presented and ready to generate returns from day one.Internally, the accommodation briefly comprises an entrance porch, a comfortable lounge, separate dining room, fitted kitchen, and a ground floor bathroom.
To the first floor are three well-proportioned bedrooms, providing generous living space that appeals strongly to tenants and families alike.Externally, the property enjoys an enclosed rear garden, predominantly paved for ease of maintenance - a practical and attractive feature for renters.Conveniently located within walking distance of local amenities, transport links and the town centre itself, this is a ready-made addition to any portfolio or an ideal first-time investment.Early viewing is highly recommended to appreciate the space and potential on offer.
EPC Rating: D Lounge (3.74m x 3.86m) Dining Room (3.59m x 3.86m) Kitchen (4.02m x 1.95m) Bathroom (2.04m x 1.94m) Master Bedroom 1 (3.73m x 3.86m) Rear Double Bedroom 2 (3.88m x 1.94m) Rear Bedroom 3 (3.59m x 2.95m)
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 43 Sheffield Street, Scunthorpe
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