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North Parade, Scunthorpe, DN16

Yorkshire

£115,000
Listed on 15/08/2025

Property Details

Bedrooms
2
Type
Semi Detached
Area
812 sqft

Description

This semi-detached house offers a promising opportunity for those looking to invest or create their ideal home. With no onward chain, it's perfectly positioned for immediate occupancy while also holding significant potential for future enhancements. Located within walking distance of Ashby High Street, the property boasts convenient access to a variety of local amenities, including shops, dining options, schools, and transport links, making it an attractive prospect for both first-time buyers and seasoned investors. The interior features a thoughtful layout with a spacious lounge and separate dining area, as well as a modern kitchen ready for adjustments that could elevate its functionality. A contemporary shower room serves the ground floor effectively. Upstairs, you'll find two generously-sized double bedrooms alongside a stylishly appointed bathroom suite—an ideal canvas for personal touches or upgrades. Externally, the property showcases a low-maintenance paved front garden bordered by traditional walls and a private rear garden with lawn space perfect for relaxation or entertaining—a feature that could be enhanced further. This home presents a solid investment opportunity with potential to uplift value through renovation efforts.

Investment Analysis

(DN16 area)

Below Market Value

This property is priced -17.0% below area average per sq ft

-17.0%
Potential saving
This Property
£142/sq ft
Area Average
£171/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£152,335
10% above area average per sq ft
Potential ROI
+8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (DN16)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -1.1%
5 year growth: +20.1%
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

North Parade, Scunthorpe, DN16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£407
Based on a loan of £86,250 over 30 years at 3.91% 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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