2 Bed Flat, Single Let, Barnsley, S75 5EF, £90,000

Ballfield Lane, Darton, Barnsley, S75 5EF - 2 views - 8 months ago

Leasehold
BTL
ROI: 9%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£55K - £230K
Sold Prices/m²£873/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£110,608
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£575 - £2,000

Rent Estimate

£650

Running Costs/mo

£431

Cashflow/mo

£219

Cashflow/yr

£2,625

ROI

9%

Gross Yield

9%

Local Sold Prices

38 sold prices from £55K to £230K, average is £97.8K. £873/m² to £3.4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£92.5K11/220.89 mi14, Majestic Court, Darton, Barnsley, South Yorkshire S75 5FH2
£97K09/230.89 mi6, Majestic Court, Darton, Barnsley, South Yorkshire S75 5FH2
£97K09/230.89 mi6, Majestic Court, Darton, Barnsley, South Yorkshire S75 5FH2
£115K12/220.93 mi12, Majestic Court, Darton, Barnsley, South Yorkshire S75 5FH2
£118K06/211.18 mi27, Dearne Court, Woolley Grange, Barnsley, West Yorkshire S75 5RR2
£135K01/231.46 mi6, Woodvale Close, Higham, Barnsley, South Yorkshire S75 1PP2
£117.5K06/211.46 mi9, Woodvale Close, Higham, Barnsley, South Yorkshire S75 1PP2
£125K09/211.46 mi6, Woodvale Close, Higham, Barnsley, South Yorkshire S75 1PP2
£230K12/201.78 mi6, Newark Close, Staincross, Barnsley, South Yorkshire S75 6NN2
£85K07/221.78 mi100, Towngate, Mapplewell, Barnsley, South Yorkshire S75 6AS2
£126.5K08/222.02 mi9, Wells Court, Mapplewell, Barnsley, South Yorkshire S75 6BF2
£90K04/232.17 mi31, Cloverlands Drive, Staincross, Barnsley, South Yorkshire S75 6EB2
£124K11/202.5 mi2a, Queens Drive, Barnsley, South Yorkshire S75 2QJ2
£124K05/212.63 mi2, Garden Court, Barnsley, South Yorkshire S70 6PY2
£162K05/212.63 mi3, Garden Court, Barnsley, South Yorkshire S70 6PY2
£124K05/212.63 mi2, Garden Court, Barnsley, South Yorkshire S70 6PY2
£155K05/222.63 mi14, Garden Court, Barnsley, South Yorkshire S70 6PY2
£55K05/212.69 mi70a, Standhill Crescent, Barnsley, South Yorkshire S71 1ST2
£94K03/232.69 mi1, Medlar Croft, Barnsley, South Yorkshire S75 2EX2
£120K10/222.71 miApartment 19, Gatehouse Court, Barnsley Road, Dodworth, Barnsley, South Yorkshire S75 3LT2
£98.5K03/212.71 miApartment 6, Gatehouse Court, Barnsley Road, Dodworth, Barnsley, South Yorkshire S75 3LT2
£112K12/222.71 miApartment 4, Gatehouse Court, Barnsley Road, Dodworth, Barnsley, South Yorkshire S75 3LT2
£120K09/222.71 miApartment 5, Gatehouse Court, Barnsley Road, Dodworth, Barnsley, South Yorkshire S75 3LT2
£88K04/212.71 miApartment 15, Gatehouse Court, Barnsley Road, Dodworth, Barnsley, South Yorkshire S75 3LT2
£90K06/232.74 miApartment 202, College House, Huddersfield Road, Barnsley, South Yorkshire S75 1DS2
£78K09/222.78 mi8, Brierfield Close, Barnsley, South Yorkshire S75 2DA2
£72K07/222.88 mi58, Marston Crescent, Barnsley, South Yorkshire S71 1SY2
£80K11/222.9 mi1, The Blossoms, Barnsley, South Yorkshire S75 2DJ2
£85K03/232.91 mi10, Lombard Close, Barnsley, South Yorkshire S75 1AW2
£100K09/232.91 mi7, Lombard Close, Barnsley, South Yorkshire S75 1AW2
£85K12/202.91 mi18, Lombard Close, Barnsley, South Yorkshire S75 1AW2
£95K02/232.92 mi12, Medlar Croft, Barnsley, South Yorkshire S75 2EX2
£125K01/232.93 mi7, Tannery Court, Dodworth, Barnsley, South Yorkshire S75 3DY2
£90K02/212.93 mi12, Tannery Court, Dodworth, Barnsley, South Yorkshire S75 3DY2
£99K03/232.93 mi40, Langmere Close, Barnsley, South Yorkshire S70 6BQ2
£96K12/222.93 mi42, Langmere Close, Barnsley, South Yorkshire S70 6BQ2
£84K07/222.95 mi29, Woodland Drive, Barnsley, South Yorkshire S70 6QW2
£87K05/212.97 mi33, Park View, Dodworth, Barnsley, South Yorkshire S75 3RE2

Local Rents

52 rents from £575/mo to £2K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£80009/240.27 miBallfield Lane, Darton, Barnsley, South Yorkshire, S752
£65009/240.43 miRoman Road, Darton, BARNSLEY2
£1,10008/240.52 miHuddersfield Road, Darton, Barnsley, South Yorkshire, S753
£65010/240.6 mi-2
£65009/240.6 miHuddersfield Road, Barnsley, S752
£57508/240.64 miRichmond Avenue, Darton2
£75008/240.66 mi-2
£69508/240.9 miStation Road, Darton, S75 5HT2
£65004/250.94 mi-2
£72508/240.99 miDearne Street, Darton, Barnsley, S753
£69509/240.99 miDarton, Barnsley, 3
£69508/241.01 mi-3
£69508/241.01 mi-3
£67502/251.02 mi-3
£69511/241.02 mi-3
£69504/251.02 mi-3
£99508/241.05 mi-4
£1,20002/251.13 mi-4
£1,15009/241.13 miRiver View, Woolley Grange, Barnsley, West Yorkshire, S754
£95011/241.14 mi-3
£67508/241.23 miBarugh Green Road, Barnsley2
£57508/241.25 miBarugh Green, Barugh Green Road, Barnsley, S75 1JT2
£1,30008/241.25 miDearne Hall Park, Barugh Green, Barnsley, South Yorkshire, S753
£1,35009/241.25 miDearne Hall Park, Barugh Green, Barnsley, South Yorkshire, S753
£65008/241.25 miSackup Lane, Darton3
£65009/241.25 miSackup Lane, Darton3
£72508/241.26 miDarton Road, Cawthorne, Barnsley1
£75009/241.26 miDarton Road, Cawthorne, Barnsley, S75 4HR1
£75009/241.26 miDarton Road, Cawthorne, Barnsley, S75 4HR1
£1,10008/241.45 miRoeburn Close, Mapplewell, Barnsley, South Yorkshire, S753
£95009/241.45 mi-2
£95008/241.45 miTaylor Hill, Barnsley, S752
£85009/241.5 miAustwick Close, Mapplewell, Barnsley2
£71502/241.57 mi-2
£67509/241.57 miHigham Common Road, Barnsley, S75 1PF2
£75011/241.57 mi-2
£69509/241.59 miDarton Lane, Mapplewell, Barnsley, S75 6AW2
£95008/241.59 miCroft Drive, Mapplewell, Barnsley, South Yorkshire, S753
£1,45009/241.6 miCroft Close, Mapplewell, BARNSLEY4
£79508/241.62 mi-3
£1,50008/241.62 miNew Road, Staincross, Barnsley, S754
£2,00009/241.63 miSt. Juliens Way, Cawthorne4
£2,00009/241.63 miSt. Juliens Way, Cawthorne4
£72508/241.63 miPye Avenue, Mapplewell, BARNSLEY2
£80008/241.73 miHaigh Lane, Haigh, Barnsley2
£67508/241.74 miNew Street, Mapplewell, Barnsley, S75 6EJ2
£85004/251.75 mi-4
£85011/231.75 miHaigh Lane, Haigh, S753
£70008/241.78 miBethel Gardens, Mapplewell2
£70009/241.78 miBethel Gardens, Mapplewell2
£1,15008/241.78 miHewer Way, Mapplewell, Barnsley, S753
£79503/251.82 mi-2

Local Area Statistics

Population in S75

43,566

Population in Barnsley

197,410

Town centre distance

3.93 miles away

Nearest school

0.10 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £90,000

August 13, 2024

Floor Plans

Description

  • 2 bedrooms +
  • Upper floor apartment +
  • Excellent area +
  • Investment opportunity - £650pcm +
  • Council tax band: A +
  • guide price 90,000-100,000 +

SUMMARY
MODERN, SPACIOUS APARTMENT, READY TO MOVE INTO! This is a great investment opportunity and WILLIAM H BROWN advise any interested parties to arrange a detailed inspection as soon as possible.

DESCRIPTION
MODERN, SPACIOUS APARTMENT! This is a great investment opportunity and WILLIAM H BROWN advise any interested parties to arrange a detailed inspection as soon as possible. In brief the accommodation comprises an entrance hall, an open plan lounge kitchen, two bedrooms and a bathroom. Outside there is off street parking. The property is located in a highly regarded area which is well served by public transport and close to a number of shops, schools and other local amenities. Don't miss out on this one, CALL US NOW! Vendor advises the current property rent is £650pcm.

Entrance Hall 
With a secure entrance door and two built in storage cupboards.

Lounge Kitchen 16' 9" x 20' 11" ( 5.11m x 6.38m )
With a range of fitted wall and base units, worksurfaces, sink and drainer, electric oven, gas gob, extractor hood, radiator and a double glazed window.

Bedroom One 13' 2" x 9' 9" ( 4.01m x 2.97m )
Double glazed window and a radiator.

Bedroom Two 6' 9" x 8' 3" ( 2.06m x 2.51m )
Double glazed window and a radiator. This bedroom would also make an excellent home office.

Bathroom 
Comprising a low flush WC, wash basin, panelled bath with shower and screen set over, there is tiling to the walls, a radiator and a double glazed window.

DIRECTIONS
what3words ///household.cute.jogging

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Barnsley

01226 447524

Next Steps?

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