2 Bed Flat, Single Let, Barnsley, S71 2QX, £65,000

8 Priory Court, Barnsley, S71 2QX - 4 views - 10 months ago

Leasehold
BTL
ROI: 17%
55 m²
+4 photos

ValuationUndervalued

Sold Prices£50K - £197K
Sold Prices/m²£873/m² - £2.9K/m²

 

 

Square Metres

55 m²
Price/m²£1.2K/m²

Value Estimate

£72,879
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£3,150

Total Cash In

£19,400

 

 

Cash Out

 

Rent Range

£595 - £800

Rent Estimate

£628

Running Costs/mo

£349

Cashflow/mo

£279

Cashflow/yr

£3,351

ROI

17%

Gross Yield

12%

Local Sold Prices

50 sold prices from £50K to £197K, average is £83.5K. £873/m² to £2.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£68K03/220.49 mi44, West Green Avenue, Monk Bretton, Barnsley, South Yorkshire S71 5SG2
£75K11/220.49 mi38, West Green Avenue, Monk Bretton, Barnsley, South Yorkshire S71 5SG2
£85K11/200.49 mi42, West Green Avenue, Monk Bretton, Barnsley, South Yorkshire S71 5SG2
£67.5K12/220.57 mi11, Valley Grove, Lundwood, Barnsley, South Yorkshire S71 5LJ2
£60K02/210.57 mi24, Valley Grove, Lundwood, Barnsley, South Yorkshire S71 5LJ2
£62.5K11/200.57 mi25, Valley Grove, Lundwood, Barnsley, South Yorkshire S71 5LJ2
£55K07/220.57 mi22, Valley Grove, Lundwood, Barnsley, South Yorkshire S71 5LJ2
£62K07/220.57 mi4, Valley Grove, Lundwood, Barnsley, South Yorkshire S71 5LJ2
£64K07/220.57 mi8, Valley Grove, Lundwood, Barnsley, South Yorkshire S71 5LJ2
£197K09/210.71 mi56, Long Causeway, Monk Bretton, Barnsley, South Yorkshire S71 2JA2
£85K02/230.77 mi87, Belmont Avenue, Barnsley, South Yorkshire S71 2AR2
£82K06/220.78 mi27, Belmont Avenue, Barnsley, South Yorkshire S71 2AR2
£140K06/210.86 mi10, Blakeley Close, Barnsley, South Yorkshire S71 1XN2
£94K01/230.87 mi34, Bellmer Close, Monk Bretton, Barnsley, South Yorkshire S71 2GF2
£170K03/210.97 mi90, Carlton Road, Barnsley, South Yorkshire S71 1UH2
£97K01/221.04 mi9, Highgrove Court, Carlton, Barnsley, South Yorkshire S71 3RW2
£50K08/211.13 mi49, Burton Road, Monk Bretton, Barnsley, South Yorkshire S71 2GB2
£72K07/221.47 mi58, Marston Crescent, Barnsley, South Yorkshire S71 1SY2
£66K04/221.5 mi52, Manse Farm Mews, Cudworth, Barnsley, South Yorkshire S72 8WR2
£85K11/221.51 mi31, Halifax Street, Barnsley, South Yorkshire S71 1QY2
£76K03/231.51 mi38, Manse Farm Mews, Cudworth, Barnsley, South Yorkshire S72 8WR2
£85K11/221.63 mi58, Barnsbridge Grove, Barnsley, South Yorkshire S70 3RW2
£92K10/231.63 mi19, Barnsbridge Grove, Barnsley, South Yorkshire S70 3RW2
£85K08/221.63 mi68, Barnsbridge Grove, Barnsley, South Yorkshire S70 3RW2
£78K10/221.64 mi37, Oakwell Vale, Barnsley, South Yorkshire S71 1DU2
£70K11/211.64 mi55, Oakwell Vale, Barnsley, South Yorkshire S71 1DU2
£55K05/211.66 mi70a, Standhill Crescent, Barnsley, South Yorkshire S71 1ST2
£97K05/221.66 mi39, Barberry Court, Barnsley, South Yorkshire S70 3RS2
£87K06/231.66 mi16, Barberry Court, Barnsley, South Yorkshire S70 3RS2
£75K11/221.66 mi14, Barberry Court, Barnsley, South Yorkshire S70 3RS2
£70K03/231.66 mi5, Samuel Court, Cudworth, Barnsley, South Yorkshire S72 8FL2
£63K04/211.67 mi21, Oakwell Vale, Barnsley, South Yorkshire S71 1DU2
£90K12/231.67 mi21, Oakwell Vale, Barnsley, South Yorkshire S71 1DU2
£81K10/231.67 mi15, Oakwell Vale, Barnsley, South Yorkshire S71 1DU2
£85K02/231.75 mi24, Langdale Court, Barnsley, South Yorkshire S71 1AW2
£78.5K02/231.76 mi20, St Davids Drive, Ardsley, Barnsley, South Yorkshire S71 5BH2
£88K10/221.77 mi28, Borrowdale Close, Ardsley, Barnsley, South Yorkshire S71 5ED2
£90K03/221.78 mi22, Borrowdale Close, Ardsley, Barnsley, South Yorkshire S71 5ED2
£78K12/211.78 mi12, Langdale Court, Barnsley, South Yorkshire S71 1AW2
£78K12/211.78 mi12, Langdale Court, Barnsley, South Yorkshire S71 1AW2
£63K05/211.85 mi18, Royal Street, Barnsley, South Yorkshire S70 2ED2
£90K04/231.85 mi9, Novara Close, Barnsley, South Yorkshire S70 3QL2
£90K07/231.85 mi5, Novara Close, Barnsley, South Yorkshire S70 3QL2
£85K03/231.86 mi10, Lombard Close, Barnsley, South Yorkshire S75 1AW2
£100K09/231.86 mi7, Lombard Close, Barnsley, South Yorkshire S75 1AW2
£85K12/201.86 mi18, Lombard Close, Barnsley, South Yorkshire S75 1AW2
£110K12/201.88 miFlat 5, Stoneylea Court, Western Street, Barnsley, South Yorkshire S70 2BP2
£90K06/231.92 miApartment 202, College House, Huddersfield Road, Barnsley, South Yorkshire S75 1DS2
£95K03/231.95 mi73, Hopwood Street, Barnsley, South Yorkshire S70 2BN2
£66K01/231.95 mi8, Copper Close, Barnsley, South Yorkshire S70 1JL2

Local Rents

12 rents from £595/mo to £800/mo, average is £658/mo.

RentDateDistanceAddressBeds 
£80012/240.19 miMerchant Croft, Barnsley, S712
£67512/240.48 miDaycroft, Monk Bretton, Barnsley, S712
£65012/240.48 miDaycroft, Monk Bretton, Barnsley, S712
£65012/240.5 mi-2
£59512/240.59 miPoplar Grove, Lundwood2
£65012/240.75 mi-2
£62008/240.84 mi-2
£66512/240.84 mi-2
£65004/250.87 mi-2
£79512/240.89 mi-2
£75012/240.92 miKirkland Gardens, Monk Bretton, Barnsley, S712
£67512/241.23 miLedbury Road, Smithies2

Local Area Statistics

Population in S71

45,194

Population in Barnsley

197,410

Town centre distance

1.73 miles away

Nearest school

0.10 miles away

Nearest train station

1.74 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+34%

Property History

Price changed to £65,000

September 30, 2024

Listed for £69,950

June 13, 2024

Description

  • NO VENDOR CHAIN +
  • IDEAL FOR FIRST TIME BUYER / BUY TO LET +
  • TWO BEDROOMS +
  • ALLOCATED PARKING +
  • INVESTMENT PROPERTY +

8 Priory Court, Barnsley, S71 2QX

We are acting in the sale of the above property and have received an offer of
£61,000 on the above property.

Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place.

Welcome to Priory Court, Barnsley - a charming location perfect for those seeking a new investment opportunity. This delightful 2-bedroom, 1-bathroom flat is an ideal choice for anyone looking to expand their property portfolio.

Situated in a prime location, this property offers not just one, but two bedrooms, providing ample space for a small family, a couple, or even for those who desire a guest room or a home office. The absence of a vendor chain ensures a smooth and hassle-free transaction, allowing you to make this property your own without any delays.

One of the standout features of this flat is the allocated parking space, a coveted convenience that guarantees you'll never have to worry about finding a spot after a long day out. Whether you're a first-time buyer, an investor, or someone looking for a new project, this property offers endless possibilities.

Don't miss out on this fantastic opportunity to own a piece of Priory Court. Book a viewing today and envision the potential this property holds for you.

Entrance Hall -

Kitchen/ Dining/ Lounge - 6.6m x 3.5m (21'7" x 11'5") -

Family Bathroom - 3.3m x 2.2m (10'9" x 7'2") -

Bedroom One - 4.8m x 2.6m (15'8" x 8'6") -

Bedroom Two - 2.2m x 3.4m (7'2" x 11'1") -

Agent Details

Hunters, Barnsley

01226 447915

Next Steps?

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