Summary - 60 FRODINGHAM ROAD SCUNTHORPE DN15 7JN
17 bed 11 bath Detached
**Property Overview:**
- **Type:** Detached mixed-use investment property
- **Location:** Heart of Scunthorpe, DN15
- **Investment Potential:** Monthly rent of £8,650; potential gross rental yield of 10.93%
- **Composition:** 9 flats, 2 houses, and 3 commercial units
- **Size:** 17 bedrooms, 11 bathrooms
- **Price:** £950,000
- **Condition:** Some maintenance required; roof damage noted
**Summary:**
Discover an exceptional investment opportunity in the bustling center of Scunthorpe, featuring a diverse portfolio of residential and commercial spaces. This expansive detached property includes nine well-sized flats, two terraced houses, and three prime commercial units, offering significant income potential with current monthly rents totaling £8,650—projected to reach even higher with strategic management.
With a gross rental yield nearing 10.93%, this property is ideal for savvy investors looking to capitalize on a fully tenanted asset in a rapidly developing urban area. While the structure requires some attention—such as roof repairs—the potential for renovation could enhance both the appeal and rental income significantly.
Located within walking distance to a wide array of local amenities and served well by transport links, this investment is both practical and promising. Additionally, the area is supported by several well-rated primary and secondary schools, making it attractive for family-oriented tenants. Don't miss out on this unique opportunity to claim a stake in Scunthorpe’s dynamic rental market—this property won’t be available for long!
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