3 Bed Terraced House, Refurb/BRRR, Huddersfield, HD3 4DH, £139,500

Reinwood Road, Huddersfield, West Yorkshire, HD3 4DH - 9 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£100K - £330K
Sold Prices/m²£1.1K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£143,685
BMV3%

 

 

End Value (After Refurb)

£185,211

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£34,875

Stamp Duty & Legal Fees

£8,465

Refurb Costs

£39,428

Bridging Loan Interest

£3,662

Total Cash In

£88,180

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£185,211

Mortgage (After Refinance)

£138,909

Mortgage LTV

75%

Cash Released

£34,284

Cash Left In

£53,897

Equity

£46,303

Rent Range

£750 - £1,200

Rent Estimate

£923

Running Costs/mo

£783

Cashflow/mo

£140

Cashflow/yr

£1,675

ROI

2%

Gross Yield

8%

Local Sold Prices

50 sold prices from £100K to £330K, average is £174K. £1.1K/m² to £3.3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£175K12/220 mi59, Reinwood Road, Huddersfield, West Yorkshire HD3 4DH3
£167K11/200.08 mi106, Carr Street, Huddersfield, West Yorkshire HD3 4BE3
£143.5K01/210.08 mi3, Raynor Close, Huddersfield, West Yorkshire HD3 4DL3
£160K03/210.08 mi60, Adelphi Road, Huddersfield, West Yorkshire HD3 4BB3
£155K12/200.09 mi18, Virginia Road, Huddersfield, West Yorkshire HD3 4AZ3
£175K04/210.09 mi41, Virginia Road, Huddersfield, West Yorkshire HD3 4AZ3
£143K01/210.09 mi26, Virginia Road, Marsh, Huddersfield, West Yorkshire HD3 4AZ3
£174.9K12/200.11 mi46, Haywood Avenue, Huddersfield, West Yorkshire HD3 4BG3
£205K06/230.11 mi88, Carr Street, Huddersfield, West Yorkshire HD3 4BQ3
£330K12/200.13 mi37, New Hey Road, Marsh, Huddersfield, West Yorkshire HD3 4AL3
£232.5K01/230.13 mi27, New Hey Road, Marsh, Huddersfield, West Yorkshire HD3 4AL3
£198K06/230.17 mi15, Thornhill Avenue, Huddersfield, West Yorkshire HD3 3DR3
£200K10/200.18 mi19, Thornhill Avenue, Huddersfield, West Yorkshire HD3 3DN3
£185K11/210.18 mi176, Reinwood Road, Huddersfield, West Yorkshire HD3 4DW3
£155K11/210.2 mi63, Carr Street, Huddersfield, West Yorkshire HD3 4AU3
£240K10/220.21 mi166, Reinwood Road, Huddersfield, West Yorkshire HD3 4DW3
£180K01/210.22 mi1, Wellington Street, Huddersfield, West Yorkshire HD3 3HA3
£235K02/210.22 mi66, Wellfield Road, Huddersfield, West Yorkshire HD3 4BJ3
£165K11/210.22 mi37, Smiths Avenue, Huddersfield, West Yorkshire HD3 4AP3
£145K03/210.24 mi27, Weymouth Avenue, Huddersfield, West Yorkshire HD3 4YJ3
£222.5K02/210.25 mi18, Woodlea Avenue, Huddersfield, West Yorkshire HD3 4EF3
£295K05/210.25 mi102, Woodlea Avenue, Huddersfield, West Yorkshire HD3 4EF3
£100K01/230.25 mi3, Easton Place, Huddersfield, West Yorkshire HD3 4YH3
£165K06/210.25 mi8, Smiths Avenue, Huddersfield, West Yorkshire HD3 4AN3
£163K11/210.26 mi82, Hollin Terrace, Marsh, Huddersfield, West Yorkshire HD3 4AT3
£140K12/220.27 mi20, Dean Street, Huddersfield, West Yorkshire HD3 3EU3
£185K06/230.27 mi8, Dean Street, Huddersfield, West Yorkshire HD3 3EU3
£190K02/230.28 mi12, Carr Street, Huddersfield, West Yorkshire HD3 4BW3
£215K12/200.29 mi12, Le Marchant Avenue, Huddersfield, West Yorkshire HD3 3DF3
£125K11/200.29 mi78, Luck Lane, Huddersfield, West Yorkshire HD1 4QX3
£150K02/210.32 mi54, Luck Lane, Huddersfield, West Yorkshire HD1 4QT3
£132.5K12/200.32 mi45, Weymouth Avenue, Huddersfield, West Yorkshire HD3 4XX3
£151K02/210.34 mi8, Hawes Avenue, Huddersfield, West Yorkshire HD3 4DU3
£123.5K01/210.34 mi24, Myrtle Grove, Huddersfield, West Yorkshire HD3 4DX3
£189K12/220.35 mi11, Link Road, Huddersfield, West Yorkshire HD1 4QQ3
£284.8K11/220.36 mi96, Oakes Road South, Huddersfield, West Yorkshire HD3 4XT3
£187.5K03/210.36 mi2, Westfield Avenue, Huddersfield, West Yorkshire HD3 4FN3
£150K02/210.37 mi8, Royd Croft, Huddersfield, West Yorkshire HD3 4EQ3
£230K01/210.38 mi250, Quarmby Road, Huddersfield, West Yorkshire HD3 4FA3
£160K02/210.39 mi204, Broomfield Road, Marsh, Huddersfield, West Yorkshire HD1 4QH3
£132.5K10/200.39 mi45, Broomfield Road, Marsh, Huddersfield, West Yorkshire HD1 4QD3
£173K04/210.39 mi13, Broomfield Road, Marsh, Huddersfield, West Yorkshire HD1 4QD3
£162K12/200.39 mi180, Quarmby Road, Huddersfield, West Yorkshire HD3 4FD3
£205K06/210.39 mi182, Quarmby Road, Huddersfield, West Yorkshire HD3 4FD3
£151.5K06/230.4 mi129, Wellington Street, Huddersfield, West Yorkshire HD3 3EP3
£159.9K12/200.4 mi255, Quarmby Road, Huddersfield, West Yorkshire HD3 4FB3
£150K09/210.4 mi67, Broomfield Road, Marsh, Huddersfield, West Yorkshire HD1 4QF3
£205K12/220.4 mi75, Broomfield Road, Marsh, Huddersfield, West Yorkshire HD1 4QF3
£292.5K07/220.41 mi17, Cleveland Road, Huddersfield, West Yorkshire HD1 4PP3
£285K11/220.42 mi61, Imperial Road, Huddersfield, West Yorkshire HD1 4PG3

Local Rents

12 rents from £750/mo to £1.2K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£1,20012/240.19 miHollin Terrace, Huddersfield, West Yorkshire, HD33
£1,10012/240.23 miWyvern Avenue, Huddersfield, West Yorkshire, HD33
£90002/250.31 mi-3
£95012/240.34 miMyrtle Grove, Quarmby, Huddersfield, HD33
£1,07512/240.42 mi-3
£1,00001/250.44 mi-3
£75012/240.47 mi-3
£95002/250.49 mi-3
£85004/250.57 mi-3
£75012/240.57 mi-3
£75012/240.57 mi-3
£79502/250.57 mi-3

Local Area Statistics

Population in HD3

29,493

Population in Huddersfield

200,145

Town centre distance

1.03 miles away

Nearest school

0.20 miles away

Nearest train station

1.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £139,500

January 31, 2025

Price changed to £145,000

September 25, 2024

Listed for £155,000

July 19, 2024

Floor Plans

Description

  • MID THROUGH TERRACE +
  • THREE BEDROOMS +
  • NO FORWARD CHAIN +
  • IN NEED OF MODERNISATION +
  • CENTRAL LOCATION +
  • FRONT AND REAR YARD +
  • EPC +
  • COUNCIL TAX BAND +
  • FREEHOLD +
  • OUR TELEPHONE LINES ARE OPEN FROM 8AM TO 8PM 7 DAYS A WEEK +

Ryder & Dutton are delighted to present this three bedroom mid through terrace property to the market. In need of modernisation and offered with NO FORWARD CHAIN this property would be ideal for an investor or first time buyer. Our telephone lines are open from 8AM to 8PM 7 days a week. EPC D

Located minutes from the hospital and Lindley village is this three bedroom mid through terrace property. In need of modernisation and offered with NO FORWARD CHAIN this property is a must see! The property briefly comprises of entrance porch, living room and kitchen diner to the ground floor accommodation. To the first floor you will find three bedrooms and the bathroom. To the outside the property has a yard to the front and rear.

Fantastic access to local amenities including shops, schools and road networks. As well as being minutes from the ever popular Lindley village and the M62 for those commuting to Leeds or Manchester.

Ground Floor

We LOVE the size of the entrance porch, perfect for muddy boots. With a door leading into the sizable living room. From the living room there are double doors into the kitchen diner. The kitchen diner has a door that leads down to the useful cellar and out to the rear yard.

First Floor

You will find two double and one single bedroom. The bathroom has a bath with shower over, wash hand basin, W/C and part tiled walls.

Outside

There are low maintenance yard areas to the front and rear.

Call or email Ryder & Dutton to arrange a viewing.

Agent Details

Ryder & Dutton, Huddersfield

01484 627982

Next Steps?

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