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Cemetery Road, Scunthorpe DN16 - Image 1
Cemetery Road, Scunthorpe DN16 - Image 2
Cemetery Road, Scunthorpe DN16 - Image 3

Cemetery Road, Scunthorpe DN16

Yorkshire

£60,000
Listed on 24/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
911 sqft

Description

This two-bedroom mid-terraced house presents a promising investment opportunity, located centrally with the advantage of no onward chain and immediate vacant possession. The property features two separate reception rooms on the ground floor, along with a galley kitchen providing access to a rear courtyard garden. Additionally, there is a bathroom on this level for convenience. Upstairs, you'll find two generously sized double bedrooms, one of which benefits from an ensuite shower room. While the home is in need of comprehensive updates throughout, it offers significant potential for value enhancement through renovations. The outside area includes roadside parking and the courtyard garden is ideal for low-maintenance outdoor space.

Investment Analysis

(DN16 area)

Below Market Value

This property is priced -61.0% below area average per sq ft

-61.0%
Potential saving
This Property
£66/sq ft
Area Average
£169/sq ft
Avg Rent (weekly)
£164
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£169,104
10% above area average per sq ft
Potential ROI
+87.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
78%
Properties sold annually

Local Market Trend (DN16)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 0.0%
5 year growth: +22.6%
Investment Disclaimer: Analysis based on DN16 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

Cemetery Road, Scunthorpe DN16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£216
Based on a loan of £45,000 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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