2 bedroom apartment

St. Martins House, Gervase Street, Scunthorpe DN157QB

Size: 49 sqm

Purchase price

£70,000

Size: 49 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £4,800
Net income £4,800
Gross yield 6.86%
Net yield 6.86%

PERFECT INVESTMENT OPPORTUNITY OR IDEAL FOR OWNER OCCUPIERS! This two bedroom 2nd floor apartment is in the heart of Scunthorpe, also comes with an allocated parking space. Enquire today to avoid disappointment.


This excellent apartment comprises of entrance hallway leading to a lounge with double glazed window to the front; fully fitted kitchen with built in oven and hob; large first bedroom with double glazed window to the front; three piece bathroom suite with shower over bath; second bedroom with double glazed window to the front; also comes with allocated parking space.

Within walking distance of the town centre, train station, hospital and other amenities this is apartment is perfect for the first time buyer or investor. Rental demand is very high for apartments within this secure block this apartment is currently let for £400pcm.

House prices in North East Lincolnshire continue to rise, new data from HM Land Registry shows that the price of an average house in the area was £122,340 at the start of the year. That’s an average 1.5 per cent rise compared to the same time in 2018, when the figure stood at £120,537 - meaning the average homeowner will have gained £1,803 over the period. In comparison, in the 12 months to January 2018, house prices rose by 2.7 per cent. In Yorkshire and the Humber on the whole, the value of detached houses rose the most over the year - by 3.6 per cent.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Two bedroom

Key features

minutes walk to town centre

Key features

walking distance to train station

Key features

Double glazed

Key features

Excellent location

Key features

Great transport links

Key features

Shops, bars and amenities nearby

Key features

Freehold

PERFECT INVESTMENT OPPORTUNITY OR IDEAL FOR OWNER OCCUPIERS! This two bedroom 2nd floor apartment is in the heart of Scunthorpe, also comes with an allocated parking space. Enquire today to avoid disappointment. More info...

This excellent apartment comprises of entrance hallway leading to a lounge with double glazed window to the front; fully fitted kitchen with built in oven and hob; large first bedroom with double glazed window to the front; three piece bathroom suite with shower over bath; second bedroom with double glazed window to the front; also comes with allocated parking space.

Within walking distance of the town centre, train station, hospital and other amenities this is apartment is perfect for the first time buyer or investor. Rental demand is very high for apartments within this secure block this apartment is currently let for £400pcm.

House prices in North East Lincolnshire continue to rise, new data from HM Land Registry shows that the price of an average house in the area was £122,340 at the start of the year. That’s an average 1.5 per cent rise compared to the same time in 2018, when the figure stood at £120,537 - meaning the average homeowner will have gained £1,803 over the period. In comparison, in the 12 months to January 2018, house prices rose by 2.7 per cent. In Yorkshire and the Humber on the whole, the value of detached houses rose the most over the year - by 3.6 per cent.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Two bedroom
    Tick Desktop minutes walk to town centre
    Tick Desktop walking distance to train station
    Tick Desktop Double glazed
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops, bars and amenities nearby
    Key features

    Freehold

  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £4,800
Net income £4,800
Gross yield 6.86%
Net yield 6.86%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.