2 Bed Terraced House, Single Let, Sheffield, S9 1ST, £70,000

Newmarch Street, Sheffield, South Yorkshire, S9 1ST - a year ago

Sold STC
Leasehold
BTL
ROI: 8%
~69 m²
+10 photos

ValuationUndervalued

Sold Prices£55K - £200K
Sold Prices/m²£801/m² - £2.5K/m²

 

 

Square Metres

~68.60 m²
Price/m²£1K/m²

Value Estimate

£82,320
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£475 - £900

Rent Estimate

£494

Running Costs/mo

£338

Cashflow/mo

£156

Cashflow/yr

£1,877

ROI

8%

Gross Yield

8%

Local Sold Prices

22 sold prices from £55K to £200K, average is £92.5K. £801/m² to £2.5K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£55K07/240 mi14, Newmarch Street, Sheffield, South Yorkshire S9 1ST2
£67K02/210.03 mi96, Dundas Road, Sheffield, South Yorkshire S9 1SY2
£60K04/210.06 mi15, Oversley Street, Sheffield, South Yorkshire S9 1SS2
£64K12/230.07 mi34, Raby Street, Sheffield, South Yorkshire S9 1SR2
£65K01/230.12 mi9, Lifford Street, Sheffield, South Yorkshire S9 1SP2
£79K04/240.34 mi25, Ingfield Avenue, Sheffield, South Yorkshire S9 1WZ2
£115K04/240.48 mi191, Bawtry Road, Sheffield, South Yorkshire S9 1UZ2
£70K05/210.52 mi250, Bawtry Road, Sheffield, South Yorkshire S9 1WD2
£90K12/220.53 mi252, Bawtry Road, Sheffield, South Yorkshire S9 1WD2
£95K02/230.84 mi296, South Street, Rotherham, South Yorkshire S61 2NW2
£200K03/220.92 mi31, Aylesbury Crescent, Sheffield, South Yorkshire S9 1JR2
£180K12/210.92 mi20, Aylesbury Crescent, Sheffield, South Yorkshire S9 1JR2
£108K01/230.92 mi31, Clement Street, Rotherham, South Yorkshire S61 2JT2
£100K11/200.92 mi31, Clement Street, Rotherham, South Yorkshire S61 2JT2
£82K04/210.93 mi58, Pembroke Street, Rotherham, South Yorkshire S61 2LZ2
£96K09/210.93 mi87, Pembroke Street, Rotherham, South Yorkshire S61 2LZ2
£70K04/210.94 mi45, Deepdale Road, Rotherham, South Yorkshire S61 2NR2
£107.5K02/230.95 mi123, Vauxhall Road, Sheffield, South Yorkshire S9 1LE2
£102K05/230.95 mi105, Richmond Park Avenue, Rotherham, South Yorkshire S61 2JF2
£77K11/220.96 mi120, Pitt Street, Rotherham, South Yorkshire S61 2PB2
£100K04/210.98 mi37, Clement Mews, Rotherham, South Yorkshire S61 2JU2
£150K12/221 mi40, Tansley Drive, Sheffield, South Yorkshire S9 1LH2

Local Rents

28 rents from £475/mo to £900/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£65004/250 mi-2
£62512/230.04 mi-2
£65008/240.07 miRaby Street, SHEFFIELD2
£79011/240.07 mi-2
£70001/240.09 mi-2
£65006/240.12 mi-2
£67008/240.45 mi-2
£65008/240.89 mi-2
£65008/240.89 mi-2
£75009/240.91 miVauxhall Road, Sheffield2
£80009/230.93 mi-2
£88506/240.93 mi-2
£88506/240.93 mi-2
£69008/240.94 miDeepdale Road, Rotherham, South Yorkshire, S612
£81512/230.96 mi-2
£65008/241.01 miGrattan St Kimberworth S612
£74002/241.03 mi-2
£65009/241.03 miHill Top Court, Kimberworth, Rotherham, S61 2HS2
£72012/241.13 mi-2
£77503/251.13 mi-2
£67508/241.14 miPsalters Lane, Rotherham, South Yorkshire, S612
£80012/231.14 mi-2
£90008/241.14 miDearne Street, Sheffield, South Yorkshire, S92
£67512/241.16 mi-2
£47510/241.16 mi-2
£55008/241.19 miCavendish Road, Rotherham2
£70008/241.21 miRegent Street, Kimberworth2
£75010/241.23 mi-2

Local Area Statistics

Population in S9

27,903

Population in Sheffield

548,268

Town centre distance

3.78 miles away

Nearest school

0.20 miles away

Nearest train station

0.35 miles away

 

 

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+46%

Property History

Listed for £70,000

April 18, 2024

Floor Plans

Description

NO CHAIN INVESTMENT OPPORTUNITY**
CLOSE TO TRANSPORT LINKS**

This good sized end of terraced property is ideal for a landlord looking to grow or start thier portfolio.

The property is ideally located for good transport links, bus routes and local amenities.

The home offers a spacious dining lounge, rear kitchen and storage.
To the first floor is a good sized master bedroom and a further single to the rear. The bathrooms is fitted with a three piece white bathrooms suite.

To the rear is a garden and seating area.

Agent Details

Blundells, Chapeltown

0114 697 1186

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪