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Kensington Road, SCUNTHORPE

Yorkshire

£40,000

Listed on 26/06/2026

Property details

Bedrooms
2
Type
Flat

Description

This two-bedroom flat located on the first floor presents a valuable opportunity for investors and renovation enthusiasts. Situated in a residential area on the outskirts of Scunthorpe, the property requires updating throughout, making it an ideal candidate for those looking to add significant value through modernisation. The surrounding community offers convenient access to local amenities including shops, schools, and transportation links via the M180 and A15. Given its potential as a buy-to-let investment or resale after refurbishment, this flat is particularly suited for cash buyers looking to capitalize on its prospects. With its practical layout featuring a lounge, kitchen, two bedrooms, and bathroom, there’s ample scope for enhancement to create a desirable living space.

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Investment analysis

(DN15 area)
Area Average
£176/sq ft
Avg Rent (weekly)
£170
Avg Yield
4.7%

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
32
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DN15)

Area prices are falling by -2.7% over the last 12 months
3 year growth: +6.2%
5 year growth: +15.2%
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

Kensington Road, SCUNTHORPE
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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
£151
Based on a loan of £30,000 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.

Stamp duty calculator

Next Steps

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