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1 Corby Road, Scunthorpe DN16 1TZ

Yorkshire

£24,000

Listed on 24/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom property is situated on Corby Road in Scunthorpe, offering an excellent location with easy access to local amenities including shops and a cinema. The property presents a great opportunity for modernization and improvement, making it suitable for both those looking to occupy the home themselves or investors seeking solid rental income prospects. With strong demand for rentals in the area, the potential monthly rental income could reach approximately £895, translating to an annual return of around £10,740 based on market comparisons. The layout includes a lounge, kitchen/dining room, pantry, three bedrooms, and a family bathroom. Outside space includes gardens that could also benefit from enhancement. This freehold property offers significant scope for adding value through renovation.

Investment Analysis

(DN16 area)
Area Average
£172/sq ft
Avg Rent (weekly)
£181
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DN16)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -0.5%
5 year growth: +19.5%
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

1 Corby Road, Scunthorpe DN16 1TZ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£91
Based on a loan of £18,000 over 30 years at 4.45% 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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