3 Bed Semi-Detached House, Refurb/BRRR, Sheffield, S17 4LT, £350,000

Rosamond Avenue, Bradway, S17 4LT - 4 views - 6 months ago

Sold STC
Leasehold
Refurb/BRRR
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£260K - £715K
Sold Prices/m²£2K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£294,429

 

 

End Value (After Refurb)

£304,655

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£38,000

Bridging Loan Interest

£9,188

Total Cash In

£153,138

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£304,655

Mortgage (After Refinance)

£228,491

Mortgage LTV

75%

Cash Left In

£153,138

Equity

£76,164

Rent Range

£950 - £1,600

Rent Estimate

£1,295

Running Costs/mo

£1,231

Cashflow/mo

£64

Cashflow/yr

£767

ROI

1%

Gross Yield

4%

Local Sold Prices

50 sold prices from £260K to £715K, average is £336K. £2K/m² to £4.9K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£295.4K08/210.03 mi11, Rosamond Place, Sheffield, South Yorkshire S17 4LX3
£290K01/210.07 mi8, Everard Avenue, Sheffield, South Yorkshire S17 4LZ3
£345K12/230.07 mi22, Everard Avenue, Sheffield, South Yorkshire S17 4LZ3
£360K02/230.07 mi36, Everard Avenue, Sheffield, South Yorkshire S17 4LZ3
£295K02/230.1 mi33, Everard Avenue, Sheffield, South Yorkshire S17 4LY3
£310K03/210.1 mi3, Everard Drive, Sheffield, South Yorkshire S17 4NE3
£290K10/220.11 mi4, Rosamond Avenue, Sheffield, South Yorkshire S17 4LT3
£287.5K03/210.12 mi109, Prospect Road, Bradway, Sheffield, South Yorkshire S17 4JE3
£295K09/210.14 mi107, Prospect Road, Bradway, Sheffield, South Yorkshire S17 4JE3
£362.5K05/210.2 mi25, Brinkburn Drive, Sheffield, South Yorkshire S17 3LU3
£375K09/230.2 mi26, Five Trees Avenue, Sheffield, South Yorkshire S17 3LW3
£360K09/230.21 mi17, Twentywell View, Bradway, Sheffield, South Yorkshire S17 4PX3
£411K11/220.22 mi22, Wollaton Avenue, Sheffield, South Yorkshire S17 4LA3
£277.5K10/200.22 mi6, Wollaton Avenue, Sheffield, South Yorkshire S17 4LA3
£355K09/230.23 mi16, Celandine Gardens, Sheffield, South Yorkshire S17 4JJ3
£352.5K04/230.23 mi32, Wollaton Road, Sheffield, South Yorkshire S17 4LE3
£337K05/210.24 mi43, Wollaton Road, Sheffield, South Yorkshire S17 4LD3
£267.3K12/200.24 mi39, Wollaton Road, Sheffield, South Yorkshire S17 4LD3
£310K10/210.26 mi97, Prospect Road, Bradway, Sheffield, South Yorkshire S17 4JB3
£340K02/230.26 mi24, St Quentin Drive, Sheffield, South Yorkshire S17 4PP3
£281K09/230.26 mi60, St Quentin Drive, Sheffield, South Yorkshire S17 4PP3
£342.5K11/220.26 mi50, St Quentin Drive, Sheffield, South Yorkshire S17 4PP3
£300K04/210.29 mi34, Longford Crescent, Sheffield, South Yorkshire S17 4LL3
£380K12/230.3 mi4, Prospect Road, Bradway, Sheffield, South Yorkshire S17 4JA3
£310K03/210.31 mi14, Abbeydale Park Crescent, Sheffield, South Yorkshire S17 3PA3
£317.5K02/210.31 mi5, Longford Crescent, Sheffield, South Yorkshire S17 4LJ3
£400K02/230.34 mi43, Longford Crescent, Sheffield, South Yorkshire S17 4LJ3
£367K04/210.38 mi52, Abbeydale Park Rise, Sheffield, South Yorkshire S17 3PD3
£424.4K09/220.42 mi14, Vernon Road, Sheffield, South Yorkshire S17 3QE3
£311.3K08/210.42 mi99, Wollaton Road, Sheffield, South Yorkshire S17 4LF3
£335K04/210.42 mi73, Wollaton Road, Sheffield, South Yorkshire S17 4LF3
£322K03/210.42 mi107, Wollaton Road, Sheffield, South Yorkshire S17 4LF3
£428K08/230.43 mi248, Bradway Road, Sheffield, South Yorkshire S17 4PE3
£300K03/210.43 mi262, Bradway Road, Sheffield, South Yorkshire S17 4PE3
£300K03/210.44 mi82, Wollaton Road, Sheffield, South Yorkshire S17 4LG3
£715K09/230.44 mi52, Bushey Wood Road, Sheffield, South Yorkshire S17 3QB3
£469.1K05/210.44 mi189, Bradway Road, Sheffield, South Yorkshire S17 4PF3
£390K04/230.44 mi169, Bradway Road, Sheffield, South Yorkshire S17 4PF3
£280K10/200.44 mi195, Bradway Road, Sheffield, South Yorkshire S17 4PF3
£340K02/210.44 mi173, Bradway Road, Sheffield, South Yorkshire S17 4PF3
£315K04/240.44 mi35, Queen Victoria Road, Sheffield, South Yorkshire S17 4HT3
£303K09/230.44 mi44, Queen Victoria Road, Sheffield, South Yorkshire S17 4HT3
£400K07/230.44 mi42, Queen Victoria Road, Sheffield, South Yorkshire S17 4HT3
£267.5K03/210.45 mi35, Queen Victoria Road, Sheffield, South Yorkshire S17 4HT3
£375K12/220.45 mi13, Longford Drive, Sheffield, South Yorkshire S17 4LN3
£500K04/210.46 mi37, Bushey Wood Road, Sheffield, South Yorkshire S17 3QA3
£620K12/200.46 mi31, Bushey Wood Road, Sheffield, South Yorkshire S17 3QA3
£598K06/210.46 mi33, Bushey Wood Road, Sheffield, South Yorkshire S17 3QA3
£260K01/210.46 mi24, Longford Road, Sheffield, South Yorkshire S17 4LQ3
£292.5K09/230.46 mi8, Laverdene Avenue, Sheffield, South Yorkshire S17 4HF3

Local Rents

11 rents from £950/mo to £1.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,49512/240.31 mi-3
£95009/240.43 mi-3
£1,00008/240.43 miLadies Spring Drive, Sheffield, S173
£1,00012/240.43 miLadies Spring Drive, Sheffield, S173
£1,55007/240.43 miBradway Road, Sheffield, S173
£1,35002/240.45 mi-3
£1,45007/240.45 mi-3
£1,45007/240.45 mi-3
£1,50006/240.45 mi-3
£1,05007/240.55 miGlover Road, Totley Rise, Sheffield3
£1,60007/240.56 miStonecroft Road, Sheffield3

Local Area Statistics

Population in S17

15,483

Population in Sheffield

548,268

Town centre distance

5.20 miles away

Nearest school

0.30 miles away

Nearest train station

0.45 miles away

 

 

Rental growth (12m)

-11%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £350,000

October 8, 2024

Floor Plans

Description

  • Three double bedroom semi-detached +
  • Double storey side extension +
  • Requires some modernisation +
  • Fantastic potential on offer +
  • Ample off road parking +
  • Integral garage +
  • Private rear garden +
  • En-suite to master bedroom +
  • Excellent amenities within easy reach +
  • Internal viewing essential +

A rare opportunity has arisen to purchase this three double-bedroom extended semi-detached situated within this desirable residential suburb. Offering spacious accommodation over two floors the property will be of particular interest to growing families thanks to its proximity to sought after schools. Whilst the property does require a scheme of modernisation throughout, fantastic potential is offered to create a wonderful family home.
The property has been previously extended to both the side and rear and in brief comprises: Entrance porch, large through lounge/dining room with rear facing patio doors leading onto the garden. Extended kitchen and utility room, downstairs WC, side entrance lobby, and integral garage.
To the first floor are three double bedrooms, with the master bedroom benefiting from an en-suite shower room, in addition to a main family bathroom.
Externally the property offers ample off-road parking to the front via a large block paved driveway, and in turn leads to the integral garage. To the rear is a delightful, enclosed garden which offers an excellent degree of privacy.
Rosamond Avenue sits within the heart of Bradway with a host of amenities on the doorstep. Sought after schools are within easy reach, alongside local independent shops, café's, golf courses, and transport links. The Peak District is also just a short drive away making this particular area of Sheffield so popular with a wide range of buyers.

Agent Details

Staves Estate Agents, Dore

0114 697 3664

Next Steps?

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

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