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Cemetery Road, Scunthorpe

Yorkshire

£60,000
Listed on 12/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
911 sqft

Description

This two-bedroom mid-terraced house presents a promising investment opportunity, situated in a central location with the advantage of no chain and immediate vacant possession. While the property requires comprehensive updating throughout, it features two well-proportioned reception rooms, a galley kitchen providing access to a rear courtyard garden, and a bathroom on the ground floor. The first floor accommodates two double bedrooms, with the added bonus of an en suite shower room off the master bedroom. The outside space offers potential for improvement and there is roadside parking available. With its renovation potential and strategic location, this property could be transformed into a desirable home or rental unit with some thoughtful updates.

Investment Analysis

(DN16 area)

Below Market Value

This property is priced -61.0% below area average per sq ft

-61.0%
Potential saving
This Property
£66/sq ft
Area Average
£169/sq ft
Avg Rent (weekly)
£164
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£169,104
10% above area average per sq ft
Potential ROI
+69.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
78%
Properties sold annually

Local Market Trend (DN16)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 0.0%
5 year growth: +22.6%
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

Cemetery Road, Scunthorpe
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£216
Based on a loan of £45,000 over 30 years at 4.06% 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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