2-bedroom flat · DN16 1HD
No longer listedListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
•Two bedroom ground floor flat in Brumby/Frodingham. This flat has two bedrooms, living room, kitchen and bathroom with shower over the bath.
It has the benefit of a small paved private garden at the rear of the flat. As this flat has its own front door you can also have pets, maximum of two pets would be allowed.
This flat is on a good bus route but is also only a short walk to the town centre, nearby Central park and the PODS. It is also situated close to schools & colleges in the community.
Ongo is seeking applicants for this property who can demonstrate a commitment to maintaining a positive and respectful neighbourhood.
This property is being let on a sensitive let basis to support the creation of a sustainable and settled community.
Applicants may be required to complete additional checks and discussions as part of the allocation process.
Preference may be given to applicants who can demonstrate: A good history of tenancy sustainment. Positive engagement with previous landlords or support services.
Commitment to being a good neighbour and contributing positively to the local community. Ability to sustain a tenancy independently or with appropriate support in place.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Beauchamp Walk, Scunthorpe
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