Summary - High Street, Scunthorpe, DN15 DN15 6EH
1 bed 1 bath Commercial Property
High-visibility buy-to-let with strong post-refurb return potential.
Large mixed-use Victorian mid-terrace on Scunthorpe High Street
A substantial mid-terrace mixed-use building on Scunthorpe High Street, laid out as a vacant ground-floor commercial unit with seven upper-floor bedsits and shared bathrooms. The property requires full refurbishment throughout — heating currently absent, glazing pre-2002, and solid brick walls likely uninsulated — but the structure dates from the 1930s and offers clear scope for conversion or modernisation.
Positioned for visibility and tenant demand, gated rear access serves the residential units and there is scope to reconfigure bedsits into self-contained apartments to increase rental appeal. Projected rental income exceeds £2,000 pcm with a post-refurb ROI estimated at 14.5%, making this a focused acquisition for buy-to-let or conversion investors prepared to carry works and management.
Buyers should factor in material negatives: the property sits in a very deprived area with very high local crime levels, and refurbishment will be extensive (likely electrical, heating, insulation and internal reconfiguration). Sale by auction and a buyer's premium (1% + VAT, minimum fee applies) are both important purchase costs; 25% of the fee is payable to secure the lot.
Freehold title and no onward chain support a relatively swift acquisition, but this is a hands-on investment suited to experienced investors or developers who can budget for remedial works, tenant sourcing and compliance upgrades. The High Street location guarantees footfall and local amenities, supporting future rental or commercial use once refurbished.
4 bedroom block of apartments for sale in High Street, Scunthorpe, DN15 — £150,000 • 4 bed • 3 bath • 1550 ft²
High street retail property for sale in High Street , Scunthorpe, North Lincolnshire , DN15 — POA • 1 bed • 1 bath • 8912 ft²
Commercial property for sale in High Street, Scunthorpe, North Lincolnshire, DN15 — £550,000 • 1 bed • 1 bath • 2995 ft²
High street retail property for sale in Ravendale Street, Scunthorpe, North Lincolnshire, DN15 — £80,000 • 1 bed • 1 bath • 1581 ft²
High street retail property for sale in 81 High Street, Scunthorpe, DN15 6LY, DN15 — £300,000 • 1 bed • 1 bath • 3566 ft²
Office for sale in High Street, Scunthorpe, North Lincolnshire , DN15 — £300,000 • 1 bed • 1 bath • 3566 ft²
