2 Bed Flat, Single Let, Rotherham, S65 4RE, £105,000

Barberry Way, Ravenfield, Rotherham, S65 4RE - 2 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£54K - £220K
Sold Prices/m²£755/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£126,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£6,450

Total Cash In

£32,700

 

 

Cash Out

 

Rent Range

£650 - £795

Rent Estimate

£673

Running Costs/mo

£483

Cashflow/mo

£190

Cashflow/yr

£2,283

ROI

7%

Gross Yield

8%

Local Sold Prices

34 sold prices from £54K to £220K, average is £125K. £755/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£115K05/220.03 mi12, Barberry Way, Ravenfield, Rotherham, South Yorkshire S65 4RE2
£122.5K02/230.22 mi6, Bridgewater Way, Ravenfield, Rotherham, South Yorkshire S65 4GH2
£115K03/220.22 mi20, Bridgewater Way, Ravenfield, Rotherham, South Yorkshire S65 4GH2
£77K03/210.42 mi19, Sandeby Drive, Ravenfield, Rotherham, South Yorkshire S65 4QE2
£83K10/220.46 mi16, Moorfield Grove, Ravenfield, Rotherham, South Yorkshire S65 4QL2
£76K06/210.49 mi10, Moorfield Close, Ravenfield, Rotherham, South Yorkshire S65 4QW2
£127.5K05/220.71 mi3, Green Court, Sunnyside, Rotherham, South Yorkshire S66 3ZS2
£120K09/220.79 mi4, Acorn Way, Sunnyside, Rotherham, South Yorkshire S66 3XH2
£70.5K11/210.79 mi18, Acorn Way, Sunnyside, Rotherham, South Yorkshire S66 3XH2
£54K08/230.79 mi15, Acorn Way, Sunnyside, Rotherham, South Yorkshire S66 3XH2
£113K04/210.79 mi5, Acorn Way, Sunnyside, Rotherham, South Yorkshire S66 3XH2
£110K01/210.79 mi9, Acorn Way, Sunnyside, Rotherham, South Yorkshire S66 3XH2
£80K11/201.1 mi107, Greenwood Crescent, Wickersley, Rotherham, South Yorkshire S66 2LF2
£66K10/221.15 mi189, Markfield Drive, Flanderwell, Rotherham, South Yorkshire S66 2JE2
£60K04/211.16 mi131, Markfield Drive, Flanderwell, Rotherham, South Yorkshire S66 2JE2
£134K09/221.19 mi46, Brookhaven Way, Bramley, Rotherham, South Yorkshire S66 1WH2
£205K11/201.29 mi8, Fabian Way, Bramley, Rotherham, South Yorkshire S66 1UR2
£187K08/211.42 mi18, Moss Close, Wickersley, Rotherham, South Yorkshire S66 1ET2
£195K01/231.42 mi24, Moss Close, Wickersley, Rotherham, South Yorkshire S66 1ET2
£65K10/221.56 mi24, Deer Leap Drive, Thrybergh, Rotherham, South Yorkshire S65 4DU2
£139K09/221.63 mi3, Companions Close, Wickersley, Rotherham, South Yorkshire S66 1AU2
£215K07/231.63 mi5, Grange Mews, Wickersley, Rotherham, South Yorkshire S66 1YA2
£148K02/211.63 mi16, Companions Close, Wickersley, Rotherham, South Yorkshire S66 1AU2
£150K08/211.63 mi9, Companions Close, Wickersley, Rotherham, South Yorkshire S66 1AU2
£145K09/221.68 mi24, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£160K05/231.68 mi15, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£150K10/221.68 mi20, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£115K09/211.68 mi16, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£145K08/221.68 mi7, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£160K12/221.69 mi31, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£220K06/231.82 mi13, Gorseland Court, Wickersley, Rotherham, South Yorkshire S66 1DW2
£65K01/211.82 mi32, Maple Avenue, Maltby, Rotherham, South Yorkshire S66 8AY2
£142K03/221.85 mi38, Pinchfield Lane, Wickersley, Rotherham, South Yorkshire S66 1FD2
£200K07/231.85 mi46, Pinchfield Lane, Wickersley, Rotherham, South Yorkshire S66 1FD2

Local Rents

14 rents from £650/mo to £795/mo, average is £738/mo.

RentDateDistanceAddressBeds 
£69508/240.44 mi-2
£75012/240.48 miGrasby Court, Bramley2
£79512/240.77 miRosedale Way, Sunnyside, Rotherham2
£72512/240.77 mi-2
£67512/240.79 miBramley Grange Way, Bramley, Rotherham2
£67008/240.79 mi-2
£75012/240.83 miFerndale Drive, Bramley2
£78512/240.92 mi-2
£65012/240.95 miFlanderwell Lane, Sunnyside, ROTHERHAM2
£69504/251 mi-2
£75008/241 miLaurel Avenue, Bramley2
£75012/241.18 miWadsworth Road, Bramley, S66 1UB2
£72512/241.19 mi-2
£75012/241.2 miBrookhaven Way, Bramley, Rotherham S662

Local Area Statistics

Population in S65

35,222

Population in Rotherham

212,593

Town centre distance

1.35 miles away

Nearest school

0.50 miles away

Nearest train station

3.72 miles away

 

 

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Price changed to £105,000

January 23, 2025

Listed for £110,000

October 17, 2024

Floor Plans

Description

  • NO CHAIN +
  • FIRST FLOOR APARTMENT +
  • PRIVATE ENTRANCE +
  • TWO BEDROOMS +
  • PRIVATE REAR GARDEN +
  • DRIVEWAY PARKING +
  • POPULAR AREA OF RAVENFIELD +
  • CUL DE SAC POSITION +
  • GREAT TRANSPORT LINKS CLOSE TO M18/M1 +

*NO CHAIN*Offers in Excess of £105,000***

Within this ever popular and sought after location of Ravensfield and occupying a desirable position within this modern cul de sac, is this 2 bedroom first floor flat with a south facing rear enclosed garden along with driveway parking. The property benefits from central heating, double glazing and southerly views to the rear this home will appeal to first timers, investors, retirees and professionals alike. Close to village amenities upon Braithwell Road and within short drive of the M18/M1 motorway networks making this an ideally placed home for commuters. Viewing is a must!

Ground Floor Entrance Lobby

Private entrance with secure entry system.

Front facing UPVC double glazed window, UPVC double glazed entrance door and electric heater. Stairs rise to the first floor.

Hall/Landing

Having loft access and doors open to the lounge, bedrooms and shower room.

Lounge/ Diner

4.24 x 3.33 - A delightfully spacious room with two front facing UPVC double glazed windows and two radiators. Having space for a dining table this is a great space for entertaining. A door opens to the kitchen.

Kitchen

3.16 x 2.14 - Fitted with a range of wall mounted and base level units with work surfaces incorporating a stainless steel sink with mixer tap. There is an integrated hob and electric oven with extractor hood over, space for a fridge and plumbing for a washing machine. Having tiling to splashback height, wall mounted central heating boiler, rear facing UPVC double glazed window and a useful storge cupboard.

Bedroom 1

3.54 x 2.94 - Front facing UPVC double glazed window, built in cupboard and a radiator. Also benefitting from built in mirrored wardrobes.

Bedroom 2

2.89 x 2.09 - Rear facing UPVC double glazed window and a radiator, currently being used as an office.

Shower Room

1.86 x 1.86 - Fitted with a white suite comprising a shower enclosure, low flush WC and a wash hand basin. Having low maintenance panelling to the walls, rear facing UPVC double glazed window and a radiator.

Outside

Enjoying a cul de sac position and having off road parking to the front. At the rear is an enclosed garden with a southerly aspect and consists of a flagged patio, gravelled seating area and a variety of mature shrubs.

* FIRST FLOOR APARTMENT
* PRIVATE ENTRANCE
* TWO BEDROOMS
* PRIVATE REAR GARDEN
* DRIVEWAY PARKING
* POPULAR AREA OF RAVENFIELD
* CUL DE SAC POSITION
* GREAT TRANSPORT LINKS CLOSE TO M18/M1

Accommodation comprises:

* Ground Floor Entrance Lobby

* Landing

* Lounge: 4.24m x 3.33m (13' 11" x 10' 11")

* Kitchen: 3.16m x 2.14m (10' 4" x 7')

* Bedroom 1 : 3.54m x 2.94m (11' 7" x 9' 8")

* Bedroom 2 : 2.89m x 2.09m (9' 6" x 6' 10")

* Shower Room : 1.86m x 1.86m (6' 1" x 6' 1")

This property is sold on a leasehold basis. The lease length has 70 years remaining and began in 1995. Ground rent of £51.00 is charged on a yearly basis.

Agent Details

2Roost, Sheffield

0114 287 8696

Next Steps?

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