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Old Village Street, Gunness, Scunthorpe

Yorkshire

£100,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1001 sqft

Description

This semi-detached three-bedroom property on Old Village Street in Scunthorpe presents a solid investment opportunity for those interested in renovation projects. With two spacious reception rooms, a fitted kitchen with utility space, and a convenient downstairs WC, the groundwork is laid for creating an inviting family home or rental property. The upstairs features three reasonably sized bedrooms along with a family bathroom that is primed for updating. Outside, the low-maintenance garden offers a versatile space that can be transformed into an attractive outdoor area, perfect for entertaining or relaxation. Given its generous layout and potential for value addition through refurbishment, this property is well-suited for investors or buyers looking to make their mark in a sought-after residential area.

Investment Analysis

(DN15 area)

Below Market Value

This property is priced -43.7% below area average per sq ft

-43.7%
Potential saving
This Property
£100/sq ft
Area Average
£178/sq ft
Avg Rent (weekly)
£161
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£195,445
10% above area average per sq ft
Potential ROI
+56.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DN15)

Area prices are falling by -3.2% over the last 12 months
3 year growth: +4.2%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on DN15 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

Old Village Street, Gunness, Scunthorpe
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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
£354
Based on a loan of £75,000 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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