2 Bed Terraced House, Refurb/BRRR, Huddersfield, HD7 6BH, £100,000

Green Bower, Marsden, Huddersfield, HD7 6BH - a year ago

Sold STC
Auction
Refurb/BRRR
ROI: 5%
~68 m²
+8 photos

ValuationFair Value

Sold Prices£57.5K - £251K
Sold Prices/m²£1.3K/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£102,000

 

 

End Value (After Refurb)

£167,581

Uplift in Value

+68%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Refurb Costs

£26,951

Bridging Loan Interest

£2,625

Total Cash In

£62,526

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£167,581

Agent Fees (1%)

£1,676

Bridging Loan

£75,000

Bridging Loan Interest

£2,625

Flip Profit

£28,379

Local Sold Prices

27 sold prices from £57.5K to £251K, average is £160K. £1.3K/m² to £2.9K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£160K07/230.06 mi55, Brougham Road, Marsden, Huddersfield, West Yorkshire HD7 6BJ2
£57.5K06/210.06 mi88, Brougham Road, Marsden, Huddersfield, West Yorkshire HD7 6BJ2
£177.5K08/210.09 mi27, Carrs Street, Marsden, Huddersfield, West Yorkshire HD7 6JL2
£183.5K02/240.09 mi15, Carrs Street, Marsden, Huddersfield, West Yorkshire HD7 6JL2
£120K03/230.17 mi4, Grange Cottages, Marsden, Huddersfield, West Yorkshire HD7 6AJ2
£117K11/200.17 mi1, Grange Cottages, Marsden, Huddersfield, West Yorkshire HD7 6AJ2
£138K11/230.17 mi20, Grange Cottages, Marsden, Huddersfield, West Yorkshire HD7 6AJ2
£99K03/210.17 mi18, Grange Cottages, Marsden, Huddersfield, West Yorkshire HD7 6AJ2
£190.1K09/210.17 mi7, Warehouse Hill, Marsden, Huddersfield, West Yorkshire HD7 6AB2
£173K03/240.18 mi26, Grange Avenue, Marsden, Huddersfield, West Yorkshire HD7 6AQ2
£160K02/230.18 mi55, Woods Avenue, Marsden, Huddersfield, West Yorkshire HD7 6JY2
£165K11/220.2 mi4, Grange Terrace, Marsden, Huddersfield, West Yorkshire HD7 6AH2
£137K11/200.2 mi1, Woods Mount, Marsden, Huddersfield, West Yorkshire HD7 6LB2
£113.5K02/210.22 mi4, Stubbin Road, Marsden, Huddersfield, West Yorkshire HD7 6JS2
£137.5K03/230.22 mi19, Gate Head, Marsden, Huddersfield, West Yorkshire HD7 6JR2
£173K03/210.25 mi2, Plains, Marsden, Huddersfield, West Yorkshire HD7 6AL2
£165K10/200.34 mi4, Deer Hill Croft, Marsden, Huddersfield, West Yorkshire HD7 6LH2
£168K03/210.34 mi3, Deer Hill Croft, Marsden, Huddersfield, West Yorkshire HD7 6LH2
£203K02/230.42 mi18, Wood Top, Marsden, Huddersfield, West Yorkshire HD7 6DX2
£165K08/210.42 mi28, Spring Street, Marsden, Huddersfield, West Yorkshire HD7 6HE2
£178.5K11/200.45 mi55, Binn Road, Marsden, Huddersfield, West Yorkshire HD7 6HF2
£153.5K11/200.45 mi24, Clough Lea, Marsden, Huddersfield, West Yorkshire HD7 6DN2
£110K05/210.49 mi37, Mount Road, Marsden, Huddersfield, West Yorkshire HD7 6HP2
£150K04/230.49 mi1, Mount Road, Marsden, Huddersfield, West Yorkshire HD7 6HP2
£95K01/210.49 mi15, Mount Road, Marsden, Huddersfield, West Yorkshire HD7 6HP2
£170K12/200.58 mi385, Manchester Road, Marsden, Huddersfield, West Yorkshire HD7 6DP2
£251K03/240.81 mi4, Waterfall Cottages, Marsden, Huddersfield, West Yorkshire HD7 6NQ2

Local Rents

32 rents from £420/mo to £6.5K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£75004/240.15 miWarehouse Hill, Marsden, Huddersfield, West Yorkshire, HD72
£65012/240.17 mi-3
£67512/240.24 mi-2
£1,30012/240.35 mi-3
£85012/240.39 mi-3
£85012/240.39 miRoyds Street, Marsden, HD73
£85002/250.47 mi-2
£85001/250.67 mi-2
£1,09505/241.67 mi-2
£63012/241.95 mi-2
£65002/251.95 mi-2
£80004/242.08 miOld Bank, Slaithwaite, Huddersfield, West Yorkshire, HD72
£1,15004/242.09 mi11B Old Hall, Nabbs Lane, Slaithwaite, Huddersfield, HD73
£80009/242.1 mi-2
£89904/252.12 mi-2
£70004/242.14 miHollins Glen, Slaithwaite, Huddersfield, HD72
£92503/252.19 mi-3
£85004/242.2 miStockerhead Lane, Slaithwaite, Huddersfield, HD72
£85004/242.2 mi-2
£72504/242.2 miManchester Road, Slaithwaite, Huddersfield, HD72
£75011/242.21 mi-1
£69512/242.22 miManchester Road, Huddersfield1
£95004/242.24 miManchester Road, HD73
£85004/242.31 miWaverley Street, Slaithwaite, Huddersfield, HD7 5EH2
£77512/242.32 mi-2
£1,10004/242.33 miMona Street, Slaithwaite, Huddersfield, HD73
£80004/242.42 miManchester Road, Linthwaite, Huddersfield, West Yorkshire, HD72
£45004/242.44 mi-1
£1,09502/252.44 mi-3
£42012/242.44 mi-1
£65007/242.47 mi-2
£6,50004/242.47 mi-2

Local Area Statistics

Population in HD7

22,497

Population in Huddersfield

200,145

Town centre distance

5.69 miles away

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental growth (12m)

-38%

Sales demand

Balanced market

Capital growth (5yrs)

+42%

Property History

Listed for £100,000

May 28, 2024

Floor Plans

Description

  • Two bedroom terraced under-dwelling with side two storey extension +
  • For renovation +
  • Large garden +
  • Within walking distance of the varied amenities in Marsden village +
  • Local railway station connecting to Leeds and Manchester +
  • Excellent road links +
  • Vacant possession +
  • Buyers fees apply +
  • Immediate ‘exchange of contracts’ available Sold via ‘Secure Sale’ +

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £100,000 This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties REFER TO AUCTIONEERS NOTES AT THE BOTTOM OF THIS DESCRIPTION. Contact Belong who are conducting viewings for the auctioneers. Properties in Marsden are always popular due to the location. This one is located at the top of Brougham Road on the left hand side adjacent to Manchester Road. A sought after Pennine village with varied local amenities, local country walks and scenery and also a variety of places to eat out and socialise.  There is a local village school for younger children, a golf club, social clubs, and a genuine sense of community too. Commuters appreciate the connectivity to Manchester, and local buyers are always on the look out for interesting village houses. A flying freehold under-dwelling that is also an end terrace with a side extension, the property is tucked away in a little known position at the top of Brougham Road, close to Manchester Road. Looking down onto it's own large garden which has mature trees and requires cultivation.  The property is in the Marsden Conservation Area, and its quite a pretty setting. The accommodation comprises:- Entrance to Reception Room, Second Reception Room, Kitchen (with low head height access), Landing, Two Bedrooms and a Bathroom/wc. The house is sold with vacant possession and no chain. An interesting and unusual house, offered at an affordable price point in a sought after village. The essentials:  The property is a Flying Freehold Under-dwelling with a two storey side extension.  We cannot verify mains services connections refer to solicitors.  Council Tax Band A.  There is no parking. * REFER TO THE LEGAL PACK FOR TITLE INFORMATION.   * OBTAINING A MORTGAGE ON THIS TYPE OF PROPERTY CAN BE PROBLEMATIC.  REFER TO YOUR LENDER FOR GUIDANCE PRIOR TO MAKING AN ENQUIRY FOR THE HOUSE. * PLEASE NOTE - WHEN BOOKING A VIEWING OR ENQUIRING ABOUT THIS PROPERTY YOU CONSENT TO BELONG ADDING YOUR INFORMATION TO THE AUCTIONEERS PORTAL FOR THEM TO BE ABLE TO UPDATE YOU AND PROVIDE RELEVANT INFORMATION REGARDING THE SALE PROCESS ETC. PLEASE READ .............IMPORTANT AUCTIONEERS NOTES: -  Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Agent Details

Belong, by James White, Honley

01484 627785

Next Steps?

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

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