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Chestnut Way, Scunthorpe

Yorkshire

£165,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1297 sqft

Description

This three-bedroom semi-detached property, situated on a desirable corner plot in Chestnut Way, presents an appealing opportunity for both homeowners and investors alike. The spacious layout includes a welcoming entrance porch that leads into an inviting hallway. The living area is bright and comfortable, with double-glazed French doors that open to the garden, enhancing the potential for indoor-outdoor living. The kitchen, located at the rear, features practical storage solutions and is connected to a utility room that offers additional workspace—ideal for anyone looking to upgrade their cooking space. The ground floor also benefits from a convenient WC, while the upper level comprises three well-lit bedrooms along with a family bathroom. Each bedroom offers flexibility for various uses, whether as additional sleeping quarters or dedicated workspaces. Externally, the property boasts generous gardens both front and rear. The front garden is lawned with off-road parking available via a gravel driveway, while the rear garden is predominantly laid to lawn with a concrete area adjacent to the garage—perfect for outdoor gatherings or future expansion. Given its good-sized plot and functional layout, this home holds significant renovation potential where personal touches can truly enhance its value.

Investment Analysis

(DN16 area)

Below Market Value

This property is priced -25.0% below area average per sq ft

-25.0%
Potential saving
This Property
£127/sq ft
Area Average
£170/sq ft
Avg Rent (weekly)
£185
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£241,897
10% above area average per sq ft
Potential ROI
+27.3%
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

Chestnut Way, 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
£604
Based on a loan of £123,750 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