3-bedroom detached house · DN16 3GX
To rentListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern detached house in the ever popular Lakeside area of Scunthorpe.
The internal accommodation briefly comprises of 3 double bedrooms, master en-suite and family bathroom to the first floor, whilst downstairs boasts an entrance porch, lounge, kitchen/diner and ground floor WC.
Outside the property has off street parking, an integral garage and lawned gardens to the front, side and rear.
The property sits on a great plot closeby to a fantastic range of amenities and nearby motorway links. Holding fee - £253, Deposit - £1,269.
Entrance Porch Having door to the front aspect, door into lounge, door into garage and radiator.
Lounge (10' 3'' x 16' 1'' (3.12m x 4.90m)) Having uPVC double glazed window to the front aspect and radiator.
Kitchen/Diner (18' 8'' x 7' 6'' (5.69m x 2.28m)) Having uPVC double glazed window to the rear aspect, uPVC double glazed French doors to the rear garden, radiator, wall and base units with work surfaces over, inset sink and drainer unit, built in oven, hob and extractor and space/plumbing for white goods including fridge feeezer, washing machine and dryer.
WC (3' 1'' x 4' 6'' (0.94m x 1.37m)) Having low level WC and wash hand basin. First Floor Landing Having storage cupboard, uPVC double glazed window to the side aspect and access to the loft.
Master Bedroom (14' 3'' x 9' 4'' (4.34m x 2.84m)) Having two uPVC double glazed windows to the front aspect, radiator and door to en-suite.
En-Suite (4' 2'' x 6' 9'' (1.27m x 2.06m)) Having uPVC double glazed window to the front aspect, shower cubicle, wash hand basin, low level WC and heated towel rail.
Bedroom 2 (8' 7'' x 11' 3'' (2.61m x 3.43m)) Having uPVC double glazed window to the rear aspect and radiator.
Bedroom 3 (9' 9'' x 7' 10'' (2.97m x 2.39m)) Having uPVC double glazed window to the rear aspect and radiator.
Bathroom (8' 7'' x 5' 6'' (2.61m x 1.68m)) Having uPVC double glazed window to the side aspect, panelled bath, wash hand basin, low level WC and heated towel rail.
Outside Having lawned gardens to the front, side and rear, driveway and garage. The gardens are enclosed by fenced perimeters with a paved area.
Garage (7' 9'' x 16' 7'' (2.36m x 5.05m)) Having roller door, light, power and door into entrance porch.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 62, Turnstone Drive, Scunthorpe
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