2 Bed Flat, Single Let, Rotherham, S60 1PA, £60,000

Imperial Buildings, Rotherham, S60 1PA - 4 views - 9 months ago

Leasehold
BTL
ROI: 15%
~52 m²
+4 photos

ValuationUndervalued

Sold Prices£42K - £150K
Sold Prices/m²£800/m² - £2.3K/m²

 

 

Square Metres

~51.65 m²
Price/m²£1.2K/m²

Value Estimate

£75,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£3,000

Total Cash In

£18,000

 

 

Cash Out

 

Rent Range

£550 - £1,000

Rent Estimate

£550

Running Costs/mo

£318

Cashflow/mo

£233

Cashflow/yr

£2,790

ROI

16%

Gross Yield

11%

Local Sold Prices

36 sold prices from £42K to £150K, average is £83.8K. £800/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£80K09/220.6 mi5a, Welham Drive, Rotherham, South Yorkshire S60 2BN2
£130K10/210.66 mi2, Rotherstoke Close, Rotherham, South Yorkshire S60 2JU2
£122K07/230.66 mi7, Rotherstoke Close, Rotherham, South Yorkshire S60 2JU2
£135K07/230.66 mi1, Rotherstoke Close, Rotherham, South Yorkshire S60 2JU2
£140K01/230.66 mi5, Rotherstoke Close, Rotherham, South Yorkshire S60 2JU2
£75K06/230.71 mi63, Clifton Grove, Rotherham, South Yorkshire S65 2AZ2
£150K07/210.79 miFlat 3, Grove House, Moorgate Grove, Rotherham, South Yorkshire S60 2TT2
£80.5K10/220.85 mi4, Broom Chase, Rotherham, South Yorkshire S60 2SQ2
£80K11/210.85 mi2, Broom Chase, Rotherham, South Yorkshire S60 2SQ2
£62K03/220.89 mi81a, Cambridge Street, Rotherham, South Yorkshire S65 2SS2
£65K03/230.95 mi10, Copley Place, Rotherham, South Yorkshire S61 1TJ2
£72.5K04/230.95 mi6, Bishopstoke Court, Rotherham, South Yorkshire S65 2BX2
£95K12/211.02 mi20, Broom Court, Rotherham, South Yorkshire S60 2SP2
£87K08/221.03 mi53, Leatham Avenue, Rotherham, South Yorkshire S61 1AD2
£42K07/221.04 mi82, Leatham Avenue, Rotherham, South Yorkshire S61 1AD2
£139K04/211.15 mi22, Moorgate View, Rotherham, South Yorkshire S60 2UG2
£75K09/221.27 mi7, Mile Oak Road, Rotherham, South Yorkshire S60 3AW2
£100K11/221.45 mi54, Lane End View, Rotherham, South Yorkshire S60 3HH2
£110K01/231.45 mi21, Garden Close, Rotherham, South Yorkshire S60 3HL2
£110K12/221.45 mi10, Garden Close, Rotherham, South Yorkshire S60 3HL2
£120K03/231.45 mi18, Garden Close, Rotherham, South Yorkshire S60 3HL2
£95K03/211.45 mi18, Garden Close, Rotherham, South Yorkshire S60 3HL2
£110K12/221.46 mi6, Garden Close, Rotherham, South Yorkshire S60 3HL2
£60K02/221.54 mi46, Ash View, Rotherham, South Yorkshire S61 4NL2
£100K03/221.65 mi14, Durham Way, Parkgate, Rotherham, South Yorkshire S62 6FL2
£90K05/211.65 mi24, Durham Way, Parkgate, Rotherham, South Yorkshire S62 6FL2
£90K05/211.65 mi24, Durham Way, Parkgate, Rotherham, South Yorkshire S62 6FL2
£65K06/211.68 mi44, Lady Oak Way, Rotherham, South Yorkshire S65 3LA2
£68.5K12/221.68 mi46, Lady Oak Way, Rotherham, South Yorkshire S65 3LA2
£75K07/221.71 mi34, Lady Oak Way, Rotherham, South Yorkshire S65 3LA2
£89K11/201.71 miApartment 38, Trafford Apartments, Richmond Way, Rotherham, South Yorkshire S61 2LJ2
£75K03/221.72 mi42, Lady Oak Way, Rotherham, South Yorkshire S65 3LA2
£55K11/201.77 mi46, Birks Road, Rotherham, South Yorkshire S61 3JY2
£65K04/231.83 mi1, Sopewell Road, Rotherham, South Yorkshire S61 2JJ2
£55K02/231.88 mi31, Binders Road, Rotherham, South Yorkshire S61 3LP2
£72.5K02/221.89 mi238, Wingfield Road, Rotherham, South Yorkshire S61 4AZ2

Local Rents

26 rents from £550/mo to £1K/mo, average is £710/mo.

RentDateDistanceAddressBeds 
£75002/240.01 mi-2
£75002/240.01 mi-2
£82502/240.08 mi-2
£85002/240.08 mi-2
£72508/240.09 miMarket Street, ROTHERHAM2
£69508/240.15 miHoward Street, Rotherham, South Yorkshire, S602
£1,00001/250.15 mi-2
£90008/240.17 miMillfold Rise, Rotherham2
£55008/240.18 mi-2
£59503/250.18 mi-2
£59503/250.18 mi-2
£66008/240.19 miGrove Road, Rotherham, S60 2ER2
£90010/240.19 mi-2
£69507/240.24 mi-2
£58511/230.3 miMoorgate Road, Rotherham, South Yorkshire, S602
£75008/240.39 miHartshaw, 35 Moorgate Road, S60 2AD2
£65008/240.48 miCanklow Road, Rotherham2
£55008/240.55 mi-2
£60001/250.55 mi-2
£67508/240.55 miSt. Johns Avenue, ROTHERHAM, S60 1HZ2
£65008/240.55 miSt. Johns Avenue, Rotherham, South Yorkshire, S602
£72508/240.57 mi 2a Broom Road2
£85009/240.57 mi-2
£85008/240.57 miMoorgate Walk, Rotherham, S602
£85008/240.59 miRotherham, S60, Moorgate Walk, P44682
£60008/240.6 miSelborne Street, Rotherham2

Local Area Statistics

Population in S60

37,979

Population in Rotherham

212,593

Town centre distance

2.72 miles away

Nearest school

0.60 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £60,000

August 9, 2024

Floor Plans

Description

  • INVESTMENT OPPORTUNITY +
  • Town centre apartment +
  • Close to the local amenities +
  • For sale with a sitting tenant +
  • VIEWINGS RECOMMENDED +

A MODERN STUDIO APARTMENT IN ROTHERHAM TOWN CENTRE. This lovely apartment compromises of an open plan kitchen come lounge which also offers all white goods, two bedrooms and a bathroom which is tiled throughout with shower over bath. This is in a perfect location for commuting into Sheffield and Doncaster via public transport. VIEWINGS A MUST!

Agent Details

Crucible Homes, Wickersley

01709 500333

Next Steps?

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