Worst House on the Street Logo
High Street, Crowle, Scunthorpe - Image 1
High Street, Crowle, Scunthorpe - Image 2
High Street, Crowle, Scunthorpe - Image 3
High Street, Crowle, Scunthorpe - Image 4
High Street, Crowle, Scunthorpe - Image 5
High Street, Crowle, Scunthorpe - Image 6
High Street, Crowle, Scunthorpe - Image 7
High Street, Crowle, Scunthorpe - Image 8
High Street, Crowle, Scunthorpe - Image 9
High Street, Crowle, Scunthorpe - Image 10
High Street, Crowle, Scunthorpe - Image 11

High Street, Crowle, Scunthorpe

Yorkshire

£210,000
Listed on 19/03/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
3050 sqft

Description

This ground floor commercial property presents a unique opportunity for renovation and investment potential. The offering includes two spacious commercial units, complemented by a garage, brick storage facilities, and a rear parking area that enhances accessibility. The first of the commercial units spans approximately 2,050 sq ft, featuring a prominent shop front with double entrance doors that open directly onto the High Street. This prime location benefits from significant foot traffic, making it ideal for retail or service-oriented businesses. The interior layout consists of a generous retail space, an L-shaped office area with rear access, a practical kitchenette, and additional storage. The second commercial unit offers about 1,000 sq ft of usable space. Like its counterpart, this unit also boasts a welcoming shop front with double doors leading to the High Street and features both a front and rear retail area. It includes a kitchen with built-in storage and an office or store room that provides flexibility for various business needs. Above these commercial spaces are three residential apartments which were sold under long-term leases in 2006 (999-year), adding stability to your investment without any ground rent obligations to the freeholder. The presence of these apartments allows for potential synergy between residential and commercial operations. Access to the site is facilitated via Fieldside at the rear, where you will find an ample parking area suitable for tenants of the apartments as well as clients visiting the commercial units. While the garage and brick stores currently require some repair work significantly impacting their condition, they hold value in terms of utility if revitalized. This property is offered without a chain, allowing for quicker transactions. With its significant square footage across both retail units and an advantageous location within a bustling street, this ground floor premise holds excellent renovation potential for those looking to enhance its functionality or elevate its market appeal further down the line.

Investment Analysis

(DN17 area)

Below Market Value

This property is priced -61.6% below area average per sq ft

-61.6%
Potential saving
This Property
£69/sq ft
Area Average
£179/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£601,552
10% above area average per sq ft
Potential ROI
+94.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DN17)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 3.4%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on DN17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

High Street, Crowle, Scunthorpe
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£769
Based on a loan of £157,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE