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Herriot Way, Scunthorpe DN15 - Image 1
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Herriot Way, Scunthorpe DN15

Yorkshire

£349,950
Listed on 08/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property offers a prime development opportunity located on a generous 0.6-acre plot in central Scunthorpe, complete with outline planning permission for the construction of eight semi-detached homes. The existing building is set for demolition as part of the development process, allowing for a fresh start on this promising site. With utilities already accessible at the boundary of the adopted road, prospective developers can take advantage of this advantageous position to create modern residential units in a sought-after area. Further details regarding the planning approval can be found under the reference number pa/2020/976 on the North Lincolnshire Council website.

Investment Analysis

(DN15 area)
Area Average
£177/sq ft
Avg Rent (weekly)
£155
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (DN15)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +5.5%
5 year growth: +18.0%
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

Herriot Way, Scunthorpe DN15
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,462 over 30 years at 4.06% 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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