Affordable investment close to town amenities and transport links.
Two double bedrooms and generous lounge/diner with balcony
Approx. 646 sqft — efficient, easy-to-let layout
Central town location near shops and transport links
Double glazing installed; neutral décor throughout
Mains gas boiler and radiators (heating in place)
Leasehold — 84 years remaining, ground rent £450 per year
High local crime and very deprived area — affects demand
Slow broadband speeds; some cosmetic wear and tear
A centrally located second-floor flat offering two double bedrooms and a generous lounge/diner with balcony — a compact, practical unit aimed at investors seeking low-entry purchase in Scunthorpe. The property’s footprint (approximately 646 sqft) and clear layout make it straightforward to let to singles, sharers or small families.
The flat benefits from double glazing and a mains gas boiler with radiators, and the interior presents neutral décor with some cosmetic wear — easy to refresh to boost rent or saleability. Its position close to the town centre provides quick access to shops, transport links and local employers, which supports lettability.
Material considerations are the short-to-medium lease (84 years remaining), leasehold costs (ground rent £450) and the wider neighbourhood profile: high local crime rates, very deprived area classification and generally slow broadband speeds. These factors affect both long-term capital growth and tenant demand, so buyers should factor them into yield calculations.
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