Kensington Road, Scunthorpe

Yorkshire

£40,000Guide Price

Listed on 13/07/2026

Property details

Bedrooms

Type

Flat

Description

This two-bedroom flat, located on the first floor of a residential estate near Scunthorpe town centre, presents a valuable opportunity for renovation enthusiasts or investors. The property requires modernisation throughout, making it an ideal project for those looking to enhance its rental or resale potential. Given its proximity to local amenities, including shops and schools, as well as convenient transport links to the M180 and A15, it is well-situated for future value appreciation. Once refurbished, this flat could serve as an attractive buy-to-let option or a profitable resale. With its leasehold status of 99 years from January 1974, interested buyers are encouraged to review the legal pack for further details.

Investment analysis

(DN15 area)

Area Average

£178/sq ft

Avg Rent (weekly)

£172

Avg Yield

4.6%

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

Average per month

Market Turnover

16%

Properties sold annually

Local Market Trend (DN15)

Area prices are falling by -3.1% over the last 12 months

3 year growth: +5.1%

5 year growth: +14.1%

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

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

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.