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3 bedroom terraced house for sale
Belmont Street, Scunthorpe, Lincolnshire, DN16
£125,000
Belmont Street, Scunthorpe, Lincolnshire, DN16
£125,000
Our Summary
- These transport links make Belmont Street relatively accessible and well-connected, which is beneficial for both residents and potential investors
- Long-Term Growth: As an area benefiting from regeneration and ongoing development, Scunthorpe continues to see rising property values and rental income potential
- Based on current market conditions, this three-bedroom property is generating £650 monthly and has the potential to generate an estimated rental income of £950 per month, delivering a healthy gross rental yield
Description
This exceptional three-bedroom terraced property in Scunthorpe offers a rare investment opportunity, with a total internal area of 936 sq ft. The property is situated in a prime location, close to the A18 and A15 roads, making it easily accessible to nearby towns and cities. With high rental demand and strong rental yields, the property is generating £650 per month and has the potential to generate an estimated £950 per month, delivering a healthy gross rental yield. The property also benefits from long-term capital growth, making it a solid investment choice. With Scunthorpe undergoing regeneration and development, the area is expected to see rising property values and rental income potential, making this property a great opportunity for both experienced investors and first-time buyers looking for a long-term growth opportunity.