Asterby Road, Scunthorpe, Lincolnshire, DN17
By Bespoke Lettings Ltd
£ 275,268
Reviews
3 out of 5 stars
Bespoke Lettings Ltd says ..
9.78% NET Yield - £26,930 NET Income Per Annum. Off-Plan HMO Investment Property. Fully Managed. Cash Purchase Only
Property Oracle says ..
This property in Brumby, Scunthorpe is a five-bedroom property presented as a potential investment opportunity. The marketing materials highlight its suitability for conversion to a House in Multiple Occupation (HMO). The interior is presented in a modern style, appearing well-maintained and recently updated. The kitchen and bathrooms look clean and contemporary. While the provided images showcase the internal aspects, the listing provides limited information about the exterior space; more details on the garden size and overall plot would be beneficial. The location offers reasonable proximity to schools and Scunthorpe train station, suggesting convenience for families or tenants. However, the lack of information on local amenities and the average price per square foot makes a definitive assessment challenging. The high list price compared to similar properties in the area necessitates thorough due diligence to ascertain its true market value, particularly considering its potential as an HMO. Prospective buyers should thoroughly investigate the investment potential, rental yields, and local market conditions before making any decisions. Further information on the property’s size (both building and land) is crucial for a complete and accurate assessment.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 6
- Land
- 3
- Bedrooms
- 5
- Bathrooms
- 0
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 235,000.00 £Increased by 7.42 %
- Average area rental value
- 1,149.00 £/moDecreased by 3.45 %
- Est rental Yield
- 5.87 %Decreased by 10.11 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Bespoke Lettings Ltd marked this listing as sold.
Bespoke Lettings Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Manor Farm Children'S Centre | Children's Centre | 0.46 KM | |
| Willoughby Road Primary Academy | Academy Sponsor Led | Good | 0.55 KM |
| Priory Lane Community School | Community School | Requires improvement | 0.56 KM |
| Melior Community Academy | Academy Sponsor Led | Good | 0.72 KM |
| Leys Farm Junior School | Community School | Good | 0.88 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cloister Close | £ 0 | 0 | 0.00 KM |
| Minerva Close | £ 0 | 0 | 0.00 KM |
| Irby Road | £ 0 | 0 | 0.00 KM |
| Partridge Close | £ 0 | 0 | 0.00 KM |
| Brocklesby Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Scunthorpe | 6456 | SCU | 2.73 KM |
| Althorpe | 6532 | ALP | 8.08 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Asterby Road, Scunthorpe, DN17 2DN | £ 140,000 | BUY | 7 / 10 | 0.00 KM |
| Asterby Road, Scunthorpe | £ 130,000 | BUY | 7 / 10 | 0.03 KM |
| Ceres Grove, Scunthorpe | £ 195,000 | BUY | 6 / 10 | 0.10 KM |
| Juno Close, Scunthorpe | £ 140,000 | BUY | 7 / 10 | 0.11 KM |
| Ceres Grove, Scunthorpe | £ 165,000 | BUY | 7 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 20 Asterby Road | £ 74,000 | 0.00 KM |
| 4 Asterby Road | £ 99,950 | 0.01 KM |
| 34 Asterby Road | £ 114,950 | 0.01 KM |
| 14 Asterby Road | £ 53,000 | 0.01 KM |
| 6 Asterby Road | £ 135,000 | 0.01 KM |