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Property investment stats for Scunthorpe, Yorkshire and The Humber

A complete guide to property investment in Scunthorpe.

Last updated: 18 September 2025

Investment summary

Scunthorpe sits in a part of Yorkshire and The Humber where affordability stands out, with a price-to-income ratio of 3.6 and a median price per square foot of £160 per sq ft. The area’s rental market is active, supported by a private rented housing share in the 62nd percentile and a rent-to-income ratio of 18.5%, making it accessible for tenants and potentially attractive for landlords. Property liquidity is reasonable, with annual sales of 850 and homes spending a median of 48 days before selling. Investors can expect a median discount on achieved versus asking price of £2,950 (the typical achieved discount), which suggests some room for negotiation.

Image of Scunthorpe, Yorkshire and The Humber

Key investment stats for Scunthorpe

Median price per sq ft

£160 / sq ft

Average rental yield

6.3%

Capital growth (1y)

-0.1%

Sales in past year

850

* Property stats calculated for last full calendar year (2024).

Live property stats in Scunthorpe

Live prices in Scunthorpe, Yorkshire and The Humber

* Extreme prices clipped for legibility

Properties for sale

Median price

£168,248

25% of properties below...

£130,000

75% of properties below...

£219,999

Most expensive property

£1,200,000

Live listings

354

Median days on market

48

Should you invest in Scunthorpe?

Opportunities

  • The area offers strong rental yields of 6.3%, with the top local postcode district yielding 6.8%, making it appealing for income-focused investors.
  • Scunthorpe’s affordable entry prices (such as a median sale price for a 3-bedroom house of £165,000) lower the barrier for new investors and may help balance risk.
  • The private rented sector is in the 62nd percentile nationally, indicating a solid base of renters and ongoing demand.

Risks

  • The degree-educated population is only in the 7th percentile, and the professionals and managers share is in the 3rd percentile, which could limit long-term capital growth and tenant quality in some segments.
  • Unemployment is in the 77th percentile for Britain, which may affect both rental demand and the stability of local incomes.
  • The social rented sector is in the 73rd percentile, meaning a large share of households are not in the private market at all.

Outlook

Rental returns look resilient, given the strong yields of 6.3% and continued demand from a sizeable private rented sector. However, capital growth has been muted, with 1-year growth of -0.1% and a three-year annualised rate of 2.2%, so expectations for significant price appreciation should be kept in check.

Liquidity remains fair, with homes typically selling in 48 days and a steady number of transactions (850 per year). With affordability metrics still attractive and the local rental market active, Scunthorpe should continue to appeal to yield-driven investors, although structural economic challenges could weigh on longer-term prospects. Investors should keep an eye on local employment trends and the mix of tenant demand, as these will shape both returns and risk over the next 12 months.

Live properties in Scunthorpe

Investment properties in Scunthorpe, Yorkshire and The Humber

2 bedroom park home for sale
On market for 177 days

£60,000

2 bedroom park home for sale

Beech Avenue, Scunthorpe

Slow to sell properties in Scunthorpe, Yorkshire and The Humber
Slow to Sell
3 bedroom semi-detached house for sale
Reduced by 19%

£85,000 - Guide Price

3 bedroom semi-detached house for sale

Hampton Road, Scunthorpe

Big price drop properties in Scunthorpe, Yorkshire and The Humber
Big Price Drop
5 bedroom house of multiple occupation for sale
High yield opportunity

£159,995 - Offers in Excess of

5 bedroom house of multiple occupation for sale

Laneham Street, Scunthorpe, DN15

HMO properties in Scunthorpe, Yorkshire and The Humber
HMO
3 bedroom detached bungalow for sale
885 sq ft

£235,000

3 bedroom detached bungalow for sale

Ashby Road, Scunthorpe

Properties with planning granted in Scunthorpe, Yorkshire and The Humber
Planning Granted

Achieved vs asking prices

Key takeaway: Balanced market

Buyers have some negotiation leverage, but not much.

Headline stats

• Median discount: £2,950

• 1 in 4 properties sell at > £5,000 below asking

• 1 in 10 properties sell at > £10,000 below asking

In percentage terms:

• Median discount of 1.8%

• 25% of properties discounted by > 3.8%

• 10% of properties discounted by > 6.2%

Best places to invest in Scunthorpe

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1DN166.8%2.5%£164 / sq ft
2DN156.0%3.8%£176 / sq ft
3DN175.5%2.6%£175 / sq ft

Data sources

GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:

  • HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.

  • Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.

  • Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.

  • GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.

  • Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.

  • HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.

Data is updated continuously, matched across sources and rigorously validated.