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Yorkshire
£60,000
Listed on 22/08/2026
Listed on 22/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This three-bedroom mid-terrace home in Scunthorpe offers a spacious layout and is conveniently located near local amenities, making it a potential fit for first-time buyers or investors. The property features a generous lounge, separate dining room, and a low-maintenance rear garden, which adds a touch of outdoor space for relaxation.
However, while the asking price of £60,000 appears attractive at £66/sqf, it's significantly below the local average of £178/sqf. This raises concerns about the overall value proposition, especially given the lack of detailed renovation estimates and comprehensive visuals to assess the property's condition. The economics component reflects uncertainty, limiting the potential for value enhancement without clearer insights into the necessary works.
Despite these challenges, the size and layout of the home provide a solid foundation for potential improvements, and the three well-sized bedrooms are a strong selling point for families. However, prospective buyers should approach with caution, given the limited data on renovation costs and market dynamics.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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