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316 Ashby Road, Scunthorpe

Yorkshire

£220,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
904 sqft

Description

Discover this enticing detached bungalow featuring three well-sized bedrooms in the heart of Scunthorpe. While this property has undergone a significant renovation, offering modern amenities and turn-key readiness, it also presents a unique investment opportunity for the discerning buyer. The renovations include updated electrics, plumbing, roof, and windows, creating a comfortable living environment with a contemporary kitchen and bathroom. The expansive 0.17-acre plot is where the true potential lies. Previously granted planning permission (now lapsed) for two chalet-style bungalows suggests possibilities for redevelopment or expansion. Those looking to enhance their living space might consider adding an extension or even creating a garden studio to complement the existing home. Nestled conveniently close to Ashby High Street, you’ll have access to local shops, amenities, and vibrant social life right at your doorstep. With Central Park nearby for outdoor activities and excellent transport links to surrounding areas like Doncaster and Sheffield, this location is both practical and appealing. In addition to its residential charm, this property offers flexible options for buyers interested in development projects or simply wanting more from their outdoor space—making it far more than just a home.

Investment Analysis

(DN16 area)

Above Market Value

This property is priced +43.5% above area average per sq ft

+43.5%
This Property
£243/sq ft
Area Average
£170/sq ft
Avg Rent (weekly)
£185
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£168,601
10% above area average per sq ft
Potential ROI
-37.6%
After renovation
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

316 Ashby 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
£806
Based on a loan of £165,000 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