Summary - 4 ST CHADS ROAD SCUNTHORPE DN16 1RF
3 bed 1 bath House
Immediate rental income with scope to add value through refurbishment and redecoration.
- Sold with tenant in situ, current income £765 pcm
- Freehold three-bedroom semi-detached house
- Enclosed rear garden with gated off-street parking
- Gas central heating and double glazing present
- Average-sized rooms, practical lounge/diner layout
- Cosmetic updating and modernisation advised to increase value
- Located in very deprived area with very high local crime
- Small plot size; limited long-distance views
A practical three-bedroom semi-detached house offered with a long-term tenant in situ, producing a current rental income of £765 pcm. The property is freehold, benefits from gas central heating and double glazing, and includes an enclosed rear garden with gated access to off-street parking — straightforward features that support a steady lettable proposition.
Internally the layout provides a generous lounge/diner, fitted kitchen, utility room, ground-floor WC, three bedrooms and a family bathroom. The accommodation is in generally good, useable condition but would benefit from cosmetic updating in places to maximise future rental value or resale price.
This is a budget-friendly addition to a buy-to-let portfolio: predictable income from an existing tenancy and room to add value through modest refurbishment of kitchen, bathroom and decorative finishes. Note the property sits in a very deprived area with very high crime levels; those local factors will influence tenant demand, rental premiums and long-term capital growth compared with more advantaged neighbourhoods.
Suitable for investors wanting immediate income and some upside from improvement works. Buyers should factor in area-specific management considerations and the potential need for targeted security, maintenance or longer-term upgrades to attract higher-paying tenants or future owner-occupiers.
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