5 bed terraced house for sale

Laneham Street, Scunthorpe DN15

An excellent opportunity has been presented to acquire a five-bedroom House in Multiple Occupation (HMO) situated on Laneham Street, Scunthorpe.

The property represents an attractive investment opportunity for landlords seeking an established residential income-producing asset, with the potential for strong rental returns and continued demand for professional and working accommodation within the area.

The accommodation is arranged to provide five letting bedrooms, each with it's own en-suite bathroom together with communal facilities such as a shared kitchen and a laundry room

The property is well positioned for access to Scunthorpe town centre and the surrounding employment, retail and leisure facilities, making it a practical location for tenants.

Laneham Street is situated within Scunthorpe, North Lincolnshire, providing convenient access to the town centre and a range of everyday amenities.

Scunthorpe benefits from a diverse employment base and established transport connections, including access to the wider road network and railway services. The location therefore provides a practical base for tenants working locally or commuting to surrounding areas.

A range of shops, supermarkets, restaurants, schools and other amenities are available within the wider area.

The private car park at the rear adds convenience and value to the property, a rare feature for HMOs within the area. With an EPC Rating of C, the house promises energy efficiency alongside its impressive income potential.

The property is understood to be held on a Freehold basis.

The property is currently utilised as a House in Multiple Occupation. Purchasers should make their own enquiries with the relevant local authority regarding HMO licensing, planning permissions, permitted use, fire regulations and any other statutory requirements.

All measurements, descriptions, rental figures and other information contained within these particulars are provided in good faith but should be independently verified by prospective purchasers and their professional advisers.

*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information