A complete guide to property investment in Scunthorpe.
Last updated: 18 September 2025
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.
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 prices in Scunthorpe, Yorkshire and The Humber
* Extreme prices clipped for legibility
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
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.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in Scunthorpe, Yorkshire and The Humber
£60,000
2 bedroom park home for sale
Beech Avenue, Scunthorpe
£85,000 - Guide Price
3 bedroom semi-detached house for sale
Hampton Road, Scunthorpe
£159,995 - Offers in Excess of
5 bedroom house of multiple occupation for sale
Laneham Street, Scunthorpe, DN15
£235,000
3 bedroom detached bungalow for sale
Ashby Road, Scunthorpe
Buyers have some negotiation leverage, but not much.
• 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%
Top postcodes for rental yield and (annualised) capital growth
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.