2-bedroom terraced house · DN15 6DB
Sold STCListed 393 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Walshe's Property brings this three-bedroom end terraced property to the market, situated in a convenient location within Scunthorpe on Digby Street which is close to local amenities, with tenants in Situ who are paying £750pcm.
Internally, on the ground floor theres two reception rooms, kitchen and WC. On the first floor there's two double bedrooms and bathroom which is fitted with a three piece suite.
Externally, there is a easily maintainable courtyard to the rear.
Lounge 11' 6'' x 11' 6'' (3.50m x 3.50m) Diner 10' 10'' x 11' 6'' (3.30m x 3.50m) Kitchen 12' 6'' x 7' 11'' (3.80m x 2.41m) WC 2' 11'' x 7' 11'' (0.90m x 2.41m) Bedroom One 11' 6'' x 11' 6'' (3.50m x 3.50m) Bedroom Two 8' 5'' x 8' 4'' (2.56m x 2.55m) Bathroom 12' 6'' x 7' 11'' (3.80m x 2.41m)
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Digby Street, Scunthorpe
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