1-bedroom flat · DN16 2EF
For saleReduced £5k (−6.7%) on 8 OctListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First-floor flat that is being offered with no onward chain is situated in the popular area of Brumby. The accommodation offers: - generous lounge, fitted kitchen, modern bathroom and double bedroom.
Viewing highly recommended!
This versatile first-floor flat, that would suit a first-time buyer or downsize property, briefly comprises; a generous lounge, fitted kitchen, double bedroom and a modern bathroom.
Externally the home benefits from a communal parking. In addition to this the property has a gas water heating system/ gas wall heaters and double glazing.
This flat is located in the popular area of Old Brumby, close to local schools, amenities and transportation links. Nearby there is Central Park, a large recreational area. Viewing recommended!
Front Front of property, the flat is situated on the fist floor to the front of the block. Kitchen (3.29m x 2.11m (10'9" x 6'11")) This kitchen is well-arranged with a range of wooden cabinets.
It features a built-in extractor fan. A small breakfast bar with a stool provides a cosy spot for quick meals.
Living Room (3.51m x 3.96m (11'6" x 12'11")) The living room offers a spacious and bright space. The room connects to the kitchen, making for an open and comfortable living space.
Hallway This hallway benifits with a built-in cupboard providing handy storage space. Bathroom (2.37m x 1.81m (7'9" x 5'11")) Modern bathroom with an over-bath shower and a fitted storage cupboard.
Bedroom (3.71m x 3.05m (12'2" x 10'0")) Good sized double bedroom
Value & comps
No previous sales on record.
Returns
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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 2, Revesby Court, Scunthorpe
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