Go back

4 Bed Detached House For Sale Low Cross Street, Scunthorpe, DN17

£335,000- Detached

Yield: 2.4%
1 of 7
Yield: 2.4%
Save
  • Rental Guide: £535 - £670
  • 4 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Luxurious Development Site
  • Popular & Vibrant Location
  • Detached Home
  • New Build
Last Updated: 21st December 2019

Description

Walshe\'s Property are extremely proud to announce we have partnered up with Adally Homes to launch their latest luxury development site, Moorcroft Farm, Crowle.Moorcroft Farm is a an elegant selection of nine detached three and four bedroom quality, family inspired homes in the small market town of Crowle in North Lincolnshire. Crowle has a large community spirit and local amenities include: two excellent primary schools, one Academy secondary school, leisure centre and supermarkets as well as a train station and excellent links to the motorway system.On Plot 4, internally, the ground floor will have a modern open plan kitchen/diner/living area, a utility room, a downstairs w/c and a snug/study room. The kitchen will be fitted with an oven & hob and sink & drainer and breakfast bar.The first floor will offer a modern family bathroom with fitted three-piece suite comprising of bathtub, sink and toilet an airing cupboard and four double bedrooms. Three of the bedrooms will be fitted with wardrobes and the remaining master bedroom will be accessible through the partnering dressing room which will hold two fitted wardrobes, followed by an en-suite with a fitted three-piece suite comprising of a shower, sink and toilet. Externally the property will have a rear enclosed garden, a double garage and off-street parking.The target completion date for the development site is February 2021, buyers are advised to get in early to avoid disappointment.

Nearby Stations

  • Crowle Rail Station (1.7 miles away)
  • Althorpe Rail Station (4.6 miles away)
  • Thorne South Rail Station (4.9 miles away)

Nearby Schools

  • Crowle Primary Academy (0.2 miles away)
  • Saint Norbert's Catholic Primary Voluntary Academy (0.3 miles away)
  • The Axholme Academy (0.8 miles away)
  • Eastoft Church of England Primary School (2.9 miles away)
  • Belton All Saints CofE Primary School (4 miles away)
Agent Details
Walshe's Property
12 Oswald Road, Scunthorpe, DN15 7PT
Show Contact Number
01724 304 604

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been fully classified.
2.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£10050
Lower taxes for this property type will not burden this property type as much leading to potential future price growth.
8.5

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
2

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 4 bedroom property. See more properties like this.

Property Image
3.1
£275,000
Detached
Yield: 3.55%
ROCI: 8%
Property Image
2.9
£245,000
Detached
Yield: 3.28%
ROCI: 7%
Property Image
2.4
£285,000
Detached
Yield: 2.82%
ROCI: 5%
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
4 Bedroom properties in “DN17” are mostly listed between £535 - £670. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested