2 bedroom flat for sale

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2 bedroom flat for sale

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.