Frances Street, Scunthorpe
Yorkshire
£187,000
Listed on 06/11/2026
Listed on 06/11/2026
The listing
Property details
Bedrooms
N/AType
Not SpecifiedDescription
A former commercial property in Scunthorpe, currently arranged for commercial use, with a proposed scheme for five flats and three ground-floor commercial units. The residential mix shown in the listing comprises three two-bedroom apartments and two one-bedroom apartments. The listing describes the planning position as preapproval, so buyers should verify the exact status and scope of any consent before proceeding.
A preliminary conversion-cost estimate has been prepared with a developer, but the listing advises that buyers carry out their own due diligence. Internal photographs and viewings can be arranged on request. The opportunity is presented as a mixed-use conversion project, with the proposed residential and commercial accommodation requiring assessment against the building, approvals and project costs.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
38out of 100
Grade ELow opportunity
Confidence: LOW
At £187,000, this is a substantial conversion proposition rather than a conventional house renovation: the listing proposes five apartments above three ground-floor commercial units, and supplied floor plans give a starting point for assessing the scheme. The prominent glazed frontage and mixed-use concept are distinctive opportunities, but planning status and technical feasibility need careful verification. The exterior render shows extensive weathering and visible cracking; its cause and repair scope are not established, and the roof condition cannot be confirmed from the photos.
The overall WHOTS score is 38/100 (grade E), reflecting limited condition and economics evidence rather than a verdict that the asking price is dear. Floor area is missing, so value versus local £/sqf cannot be judged yet. Internal condition is also not shown, making this a high-due-diligence project rather than a priced-and-scoped renovation opportunity.
Key opportunities
- Rework the existing commercial building around the proposed five apartments and three ground-floor commercial units, subject to confirming planning status and technical feasibility.
- Use the prominent street-facing frontage and supplied floor-plan drawings as a basis for developing and testing a mixed-use layout.
Key risks
- A heavy conversion programme across a commercial building, with no internal condition evidence in the submitted photos — allow for substantial investigation, design coordination and a longer programme than a cosmetic refresh.
- Visible cracking and extensive weathering to the upper render need investigation to establish the cause and repair scope; roof condition is unconfirmed.
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Transport
Nearest stations
Scunthorpe Rail Station
0.3 miles
Train · Scunthorpe
Althorpe Rail Station
3.4 miles
Train · Keadby
Crowle Rail Station
6.9 miles
Train · Ealand
Brigg Rail Station
7.3 miles
Train · Brigg
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
£
£
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Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£764
Based on a loan of £140,250 over 30 years at 5.13% 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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