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2 bedroom flat for sale
Kensington Road, Scunthorpe, DN15
£42,500
Kensington Road, Scunthorpe, DN15
£42,500
Price History
Initial price | £45,000 |
14/03/25 | £50,000 |
21/03/25 | £48,000 |
27/03/25 | £46,000 |
04/04/25 | £50,000 |
10/04/25 | £48,000 |
17/04/25 | £46,000 |
23/04/25 | £50,000 |
30/05/25 | £47,500 |
18/07/25 | £45,000 |
14/08/25 | £42,500 |
Price Change | -5.56% |
Description
This 2-bedroom flat in Scunthorpe is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a garden ground space, spacious lounge, and two bedrooms. Currently, it produces an annual gross income of £5,640, but with a new owner, this could be increased to a market rate of £8,040 with long-term tenants already situated. The tenants have been in the property for several years, have consistently paid their rent, and do not intend to move out. With a worthwhile addition to an investor's portfolio, this property offers a rewarding rental return and a smooth transaction process through Let Property.