3-bedroom terraced house · DN17 1NY
Listing removedListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ongo Homes have a three-bed terraced house available on Coleridge Avenue in the Westcliff area of Scunthorpe.
This property consists of a large living room and spacious kitchen accessed via an internal hallway on the ground floor.
Upstairs on the first floor there are three bedrooms; two double and one single sized. There is also a compact bathroom (bath with overhead shower).
This property benefits from having green space to the front and a private rear garden with access via an external passageway as well as the back door.
There is external storage within the rear garden and on street parking is available nearby. Ongo Homes will allow up to three pets to live at this address.
Ongo Homes will require a minimum of two weeks advanced rent to secure the property. The rent is currently being reviewed and may change in the near future
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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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 Coleridge Avenue, Scunthorpe
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