Summary - 60 FRODINGHAM ROAD SCUNTHORPE DN15 7JN
17 bed 11 bath Mixed Use
**Standout Features:**
- 17-bedroom mixed-use property in Scunthorpe
- Includes 9 flats, 2 houses, and 3 commercial units
- Current annual rental income of £103,800 with potential gross yield of 10.93%
- Parking area; off-street parking available
- Fully tenanted with significant rental yield upside
- Excellent mobile signal and fast broadband speeds
- Located in a vibrant town center with convenient amenities nearby
**Potential Downsides:**
- Very high crime rate in the local area
- Area classified as very deprived
- Current rental yields below full potential
Discover a unique investment opportunity in the heart of Scunthorpe with this impressive mixed-use property. Offering a total of 17 bedrooms across nine flats, two houses, and three commercial units, the income potential is substantial—currently generating an annual rent of £103,800, with an opportunity for increased yields. The property comes with off-street parking and is fully tenanted, giving you immediate cash flow.
This strategically located property is nestled amongst a multitude of amenities, ensuring a steady demand for both residential and commercial units. While the local area shows a very high crime rate and is noted as deprived, the ongoing urban development presents opportunities for growth. With significant renovations possible, this property invites both seasoned investors and first-time buyers looking for a project. Don’t miss out on this chance to capitalize on a thriving rental market in Scunthorpe—make it yours today!
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