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Derwent Road, SCUNTHORPE

Yorkshire

£175,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached bungalow presents a solid opportunity for renovation and investment. With three bedrooms, it is situated on a generous plot that may allow for future extensions or modifications, pending the required planning permissions. Inside, the property features a well-lit lounge/dining area that offers versatile space for both relaxation and entertaining. The kitchen is functional with ample wall and base cabinets, as well as essential appliances. Each of the three bedrooms provides comfortable living quarters, accommodating different needs—whether for family members or as possible rental space. The family bathroom includes both a bath and a separate shower cubicle, offering practical amenities. Outside, the property is complemented by a spacious driveway capable of parking multiple vehicles and a large rear garden that is ripe for landscaping or development into an outdoor retreat. Located in a neighborhood with potential for growth, this bungalow serves as an ideal canvas for buyers looking to personalize their living space or investors seeking properties with renovation potential. Its combination of size, location, and features makes it an attractive option in today’s market.

Investment Analysis

(DN16 area)
Area Average
£170/sq ft
Avg Rent (weekly)
£185
Avg Yield
5.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (DN16)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 3.3%
5 year growth: 24.9%
Investment Disclaimer: Analysis based on DN16 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

Derwent Road, SCUNTHORPE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£641
Based on a loan of £131,250 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.

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