3 bed house for sale Abercorn Street, Scunthorpe, DN16 1LD

3 beds 1 bath Terraced House

Tenure: ask agent

Added today

About this property

Reference - RF0897 - A well proportioned bay fronted 3 bedroom terrace house, offered for sale with the benefit of an ongoing tenancy of circa 3 years, generating a healthy £7500 PA. This property offers appealing yields for investors with a proven tenancy and relevant certification in place. Accommodation briefly comprises of a reception hallway, lounge, separate dining room, modern kitchen, bathroom, 3 upstairs bedrooms and an additional wc. The property comes equipped with gas central heating and upvc double glazing. Externally, off street parking is provided to the rear. Full details are detailed below.

Upvc double glazed door to the Reception Hallway. Understairs store cupboard. Lounge. 12'3'' x 10'0'' With upvc double glazed bay window to the front elevation. Wood finish flooring. Radiator Separate Dining Room. 13'3'' x 12'4'' With concealed staircase to the 1st floor. Wood finish flooring, radiator and upvc double glazed window to the rear elevation. Kitchen. 13'7'' x 7'1'' With range of modern finish units to the base and high level. Rolled edge work surface and inset stainless steel sink unit with mixer tap. Upvc double glazed door and window to the side elevation. cooker point, radiator and space for fridge freezer. Bathroom. 6'5'' x 6'0'' With 3 piece suite comprising of a low level wc, pedestal wash hand basin with mixer tap and panel bath with shower over. Tiled splashbacks, chrome finish heated towel rail. Upvc double glazed window to the side elevation. Landing. Lift hatch to the internal roof void. Bedroom 1. 13'5'' x 12'4'' With upvc double glazed window to the front elevation. Radiator. Bedroom 2. 12'3'' x 10'4'' With upvc double glazed window to the rear elevation. Radiator and store recess. Bedroom 3. 8'7'' X 7'3'' With upvc double glazed window to the rear elevation. Radiator. Separate wc. With a low level wc, wall mounted central heating boiler, pedestal wash hand basin and upvc double glazed window to the side elevation. Outside - Driveway to the rear

Key features

Ready to go Buy to let investment
3 bed bay fronted terrace house
Sold with a tenant in place generating £7500 PA
Established and proven tenancy
EPC rating C
2 reception rooms
Gas central heating and Upvc double glazing
Driveway to the rear
Appealing rental yields for buy to let investors

Location

Abercorn Street, Scunthorpe, DN16 1LD

Open map Street View

Council tax: Band D (Approx £2,348/year)

Mortgage and stamp duty

Property price £84,950

£42k £128k

Deposit9% £8,000

£0 £85k

Lenders usually want at least 10%

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £76,950 mortgage. Most lenders would want a household income of about £18,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in DN16 1LD. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
1, Abercorn Street Semi-detached	Semi-detached	Jun 2018	947 sq ft £97/sq ft	947 sq ft	£97	£92,000
10, Abercorn Street Semi-detached	Semi-detached	Nov 2017	904 sq ft £69/sq ft	904 sq ft	£69	£62,000
9, Abercorn Street Terraced	Terraced	Jan 2008	969 sq ft £68/sq ft	969 sq ft	£68	£66,000
2, Abercorn Street Terraced	Terraced	Feb 2006	1,033 sq ft £68/sq ft	1,033 sq ft	£68	£70,500
10, Abercorn Street Semi-detached	Semi-detached	Nov 2005	904 sq ft £83/sq ft	904 sq ft	£83	£75,000
3, Abercorn Street Semi-detached	Semi-detached	May 2004	—	—	—	£28,000
2, Abercorn Street Terraced	Terraced	Dec 2002	1,033 sq ft	1,033 sq ft	—	£38,000
4, Abercorn Street Terraced	Terraced	Aug 2002	—	—	—	£34,450