Park Street Winterton, Scunthorpe, DN15
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Rural area
- 8% Rental Yield
- Close to sea side
- Council tax band - A
- In need of modernization
- Private rear garden
Description
Situated on Park Street, DN15, the property offers investors and developers the opportunity to acquire a well-located home with clear scope for refurbishment and future value enhancement. The surrounding area remains popular with both tenants and first-time buyers due to its affordability, access to local amenities and convenient transport links across North Lincolnshire.
The property requires refurbishment and modernisation throughout, presenting buyers with the opportunity to add significant value. Estimated refurbishment costs are approximately £10,000–£20,000 depending on specification, with comparable refurbished properties within the local area currently achieving approximately £125,000–£150,000+.
Rental comparables nearby are currently achieving approximately £700–£850 PCM, supporting a projected gross yield of approximately 7–9% depending on acquisition and refurbishment costs. The area continues to attract steady rental demand from working tenants and families seeking affordable accommodation close to schools, retail facilities and employment hubs.
Residents benefit from convenient access to nearby amenities within Scunthorpe, alongside local schools, parks and transport connections including Scunthorpe railway station and the M180 road network.
The majority of works required are expected to be cosmetic, helping keep refurbishment costs and project timescales manageable while providing strong potential for both resale profit and long-term rental income.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £5,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Park Street Winterton, Scunthorpe, DN15
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Affordability
About House Sales Direct, Cheadle
Office 36, 792 Wilmslow Road, Manchester, M20 6UG
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Visit our security centre to find out moreDisclaimer - Property reference 235682. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by House Sales Direct, Cheadle. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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