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Searby Road, Scunthorpe, DN17 - Image 1
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Searby Road, Scunthorpe, DN17

Yorkshire

£68,000
Listed on 06/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
883 sqft

Description

This three-bedroom residence presents a promising renovation opportunity in a well-established residential area of Scunthorpe. With the advantage of no upward chain, it is ideally suited for first-time buyers, investors, or anyone looking to undertake a property project. The home requires a comprehensive modernization effort, but its layout and substantial space provide an excellent foundation for improvement. Upon entering, you'll find an entrance hall that leads to the staircase and a generously sized lounge/diner. The kitchen features a functional range of units along with an adjoining utility area, allowing for additional convenience. On the upper level, the property comprises three well-sized bedrooms, alongside a family bathroom and a separate WC. This practical configuration is particularly appealing for families or tenants, making it easier to envision potential upgrades or redesigns that could enhance both livability and market value. Outside, there are gardens accessible from both the front and rear of the house, presenting opportunities for landscaping and outdoor activities. Off-road parking is available for one vehicle; ownership details for this parking space are included in the sale documentation. Located on Searby Road, this property benefits from proximity to local schools, shops, and essential amenities. Its location also provides excellent transport links to Scunthorpe town center and surrounding areas, further enhancing its attractiveness as an investment opportunity. With vision and effort, this home has significant potential for resale or rental once renovations are complete.

Investment Analysis

(DN17 area)

Below Market Value

This property is priced -57.3% below area average per sq ft

-57.3%
Potential saving
This Property
£77/sq ft
Area Average
£181/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£175,320
10% above area average per sq ft
Potential ROI
+78.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DN17)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 2.1%
5 year growth: 18.0%
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.

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Location

Searby Road, Scunthorpe, DN17
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