This three-bedroom property presents a significant opportunity for modernisation and enhancements, making it an ideal candidate for both owner-occupiers and investors seeking to tap into the robust local rental market. Located conveniently on Shelford Street in Scunthorpe, it offers easy access to an array of amenities, including shopping facilities and a cinema complex, as well as excellent transport links via the M180 road network and nearby rail station.
The property's layout includes a ground floor with an entrance hallway, lounge, dining room, kitchen, store, and a versatile office/study space. The first floor accommodates three bedrooms along with a family bathroom. Outside, there are gardens that could further enhance the property's appeal.
Importantly, MEARS has indicated that with appropriate improvements and regulatory approvals, this home could be converted into a four-bedroom House in Multiple Occupation (HMO), potentially yielding an annual rental income of approximately £12,480. This highlights the intrinsic value that can be added through thoughtful refurbishment planning.
With freehold tenure and a Council Tax band A rating under North Lincolnshire Council, this property is ripe for investment and offers various paths for future growth.
