# 2 bedroom terraced house for sale (DN16 1TF) ## Property Details | Key | Value | |-----|-------| | Address | 16 REDBOURNE STREET, SCUNTHORPE, NORTH LINCOLNSHIRE DN16 1TF | | Price | £69,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Last sold | £72,000 May 2023 | ## Description Bettermove are proud to present this 2 bedroom terraced house in Scunthorpe, available with no forward chain. This is currently a tenanted property and will be sold with tenants in situ for immediate investment. Rental yields can be obtained through Bettermove. This property benefits from gas central heating and single glazing throughout, with on street parking available. The council tax band is A. The interior of this well presented property comprises a spacious living room, dining room and fitted kitchen on the ground floor. The first floor consists of two good sized bedrooms, a family bathroom and storage space. The exterior boasts a private rear yard, perfect for enjoying the summer months. Located in the popular town of Scunthorpe, the property is close to a range of amenities, including shops, supermarkets, restaurants, pubs and schools. Excellent transport links can be found from Scunthorpe Railway Station, a variety of local bus routes, and quick access to the M180. This exciting opportunity should not be missed! All enquiries can be made through Bettermove. ------------------------------------------------------------------------------------- You can secure the purchase immediately by paying an exclusivity deposit of £1,000. This is not an additional fee and is returned to you on completion. Paying this deposit ensures that the seller takes the property off the market and reserves it exclusively for you. Therefore, eliminating the risk of being gazumped by another buyer, and incurring aborted costs. This allows you rights to purchase within a given timeframe (typically 8-12 weeks) which gives you time to prepare funding, surveys, and searches. Speak to one of our sales team about our Exclusivity Deposits today to find out more… **Mobile Signal** 4G great data and voice **Construction Type** Floor: Solid, no insulation (assumed) Roof: Pitched, 300 mm loft insulation Walls: Solid brick, as built, no insulation (assumed) Windows: Single glazed Lighting: Low energy lighting in 86% of fixed outlets ## Property Photos - ![Photo](/listings/photos/166907147/286509) - ![Photo](/listings/photos/166907147/286511) - ![Photo](/listings/photos/166907147/286513) - ![Photo](/listings/photos/166907147/286514) - ![Photo](/listings/photos/166907147/286515) - ![Photo](/listings/photos/166907147/286516) - ![Photo](/listings/photos/166907147/286517) - ![Photo](/listings/photos/166907147/286519) - ![Photo](/listings/photos/166907147/286520) - ![Photo](/listings/photos/166907147/286524) - ![Photo](/listings/photos/166907147/286526) - ![Photo](/listings/photos/166907147/286527) ## Floorplans - ![Floorplan 1](/listings/photos/166907147/286530) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/166907147/286533) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 16 REDBOURNE STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TF | £72,000 | 31/05/2023 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 9 REDBOURNE STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TF | £68,000 | 09/03/2026 | Terraced | | 8 AVON ROAD, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1EP | £127,500 | 06/01/2026 | Terraced | | [Same street] 26 REDBOURNE STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TF | £73,000 | 12/12/2025 | Terraced | | [Same street] 28 REDBOURNE STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TF | £55,000 | 28/11/2025 | Terraced | | [Same street] 23 REDBOURNE STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TF | £78,000 | 08/10/2024 | Terraced | | 33 BLUEBELL CLOSE, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 6BS | £89,500 | 19/12/2023 | Terraced | | 22 CLIFF STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TW | £85,000 | 19/12/2023 | Terraced | | 11 TULIP ROAD, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 6BW | £89,000 | 15/12/2023 | Terraced | | 3 CLIFF STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TW | £82,000 | 10/05/2023 | Terraced | | [Same street] 18 REDBOURNE STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TF | £54,000 | 24/03/2023 | Terraced | | [Same street] 19 REDBOURNE STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TF | £72,000 | 07/11/2022 | Terraced | | 18 BLUEBELL CLOSE, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 6BS | £125,000 | 28/10/2022 | Terraced | | 7 ROSE WALK, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 6BU | £120,500 | 26/09/2022 | Terraced | | 37 CLIFF STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TW | £67,000 | 19/08/2022 | Terraced | | 152 COTTAGE BECK ROAD, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1UA | £80,000 | 18/08/2022 | Terraced | | 39 ROSE WALK, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 6BU | £113,000 | 20/07/2022 | Terraced | | 35 QUEEN STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TG | £110,000 | 07/06/2022 | Terraced | | 10 WILLIAM STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1SZ | £80,000 | 21/04/2022 | Terraced | | 14 LAVENDER WAY, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 6BT | £101,000 | 28/01/2022 | Terraced | | 6 LAVENDER WAY, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 6BT | £103,000 | 22/12/2021 | Terraced | | 27 ROSE WALK, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 6BU | £100,000 | 20/12/2021 | Terraced | | 15 LAVENDER WAY, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 6BT | £85,000 | 14/10/2021 | Terraced | | 10 TULIP ROAD, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 6BW | £125,000 | 17/09/2021 | Terraced | | 3 CLIFF STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TW | £55,000 | 24/08/2021 | Terraced | | 1 TULIP ROAD, SCUNTHORPE, NORTH LINCOLNSHIRE, DN15 6BW | £95,000 | 16/07/2021 | Terraced | | 3 CLIFF STREET, SCUNTHORPE, NORTH LINCOLNSHIRE, DN16 1TW | £55,000 | 05/07/2021 | Terraced | **Street average:** £66,667 (6 sales) **Area average:** £94,375 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £109,650 (23 Terraced, DN16, 2024–2026) - **Deviation:** -37.1% ## Rental Range *ONS Price Index of Private Rents (North Lincolnshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £574/mo - **Realistic:** £638/mo - **Optimistic:** £702/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Scunthorpe (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £494/mo ## 1% Rule - **Rent ratio:** 0.92% (okay) - **Max investor price (0.8%):** £79,750 - **Target investor price (1%):** £63,800 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 0.7% - **10y growth:** 41.6% ## House Price Index (HM Land Registry) *Official index for North Lincolnshire; Terraced series; as of February 2026.* - **1y growth (index):** 5.5% - **5y growth (index):** 18.5% - **10y growth (index):** 50.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)