Frances Street, Scunthorpe, North Lincolnshire, DN15
Yorkshire
£55,000Guide Price
Listed on 06/11/2026
Listed on 06/11/2026
The listing
Property details
Bedrooms
1Type
End Of TerraceDescription
Offered at auction by the Modern Method, this mixed-use property combines a self-contained one-bedroom flat with adjoining former tyre business premises, sold together. The flat has a lounge, kitchen, bedroom and bathroom and is described as requiring comprehensive refurbishment before occupation or letting.
The commercial element includes a large showroom or workspace, kitchen, toilet facilities and an upper-floor store room. Its future use is subject to any necessary consents. The property occupies a prominent roadside position on Frances Street in Scunthorpe, with direct street access to the commercial frontage and town-centre amenities nearby. The sale uses a 56-day reservation period, and the buyer pays a non-refundable reservation fee in addition to the purchase price. Further details and the buyer information pack are available through DDM Residential.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
42out of 100
Grade ELow opportunity
Confidence: LOW
At £55,000, this is a substantial mixed-use project: a self-contained one-bedroom flat alongside former garage and showroom premises, with a prominent roadside position and scope to shape both parts for future use. The flat is a heavy renovation, with worn finishes and conspicuous staining across several photographed areas; investigate the cause before making good. The commercial interior is not pictured, so its condition remains unassessed.
The score is 42/100 (E, Low Opportunity). Floor area is missing, so value versus local £/sq ft cannot yet be judged, and the overall opportunity remains hard to assess. The combination of residential and commercial space is distinctive, but the scale of the work and the unverified condition of the commercial premises call for careful appraisal.
Key opportunities
- Rework the flat’s layout and finishes, including its notably dated kitchen and bathroom, as part of a full interior transformation.
- The adjoining former garage/showroom, with additional upper-floor store space, offers a substantial canvas for a suitable future commercial use, subject to necessary consents.
- A prominent roadside position and separate residential accommodation create scope to shape the property around a combined residential and commercial use.
Key risks
- The flat’s stripped-back condition, debris and staining across several photographed areas point to a heavy full-interior programme; allow for investigation and making-good before finishes, rather than treating it as a cosmetic refresh.
- The commercial interior is not pictured, leaving a substantial part of the property’s condition and required work unassessed.
- The cause and extent of the visible interior staining need investigation; the roof’s condition also cannot be fully assessed from the street.
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Transport
Nearest stations
Scunthorpe Rail Station
0.4 miles
Train · Scunthorpe
Althorpe Rail Station
3.4 miles
Train · Keadby
Crowle Rail Station
6.8 miles
Train · Ealand
Brigg Rail Station
7.4 miles
Train · Brigg
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
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%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£225
Based on a loan of £41,250 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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