Summary - Oswald Road, SCUNTHORPE DN15 7PA
1 bed 1 bath Commercial Property
Large plot with six parking spaces and redevelopment potential.
Approximately 1,445 sq ft over two storeys
A prominent semi‑detached Victorian commercial building in Oswald Road, offering about 1,445 sq ft over two floors and a large plot with off‑street parking for six cars plus a rear garage. The property sits on a main arterial route within easy walking distance of Scunthorpe town centre and local civic amenities, making it suitable for owner‑occupation, rental income, or redevelopment (subject to planning).
Characterful period features and high ceilings give strong scope for attractive office space or conversion to alternative commercial uses. The long leasehold-freehold price of £125,000 and a current rateable value of £9,100 may appeal to investors seeking value in an established commercial corridor. Fast broadband and excellent mobile signal support modern business needs.
Buyers should note the location is in a very deprived area with very high local crime rates, which will influence tenant demand and insurance costs. The building and external areas show wear and will need updating and general maintenance; potential buyers should factor repairs and any planning costs into budgets. Redevelopment is possible but requires planning permission.
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