2 Bed Flat, Single Let, Rotherham, S65 4QW, £110,000

Moorfield Close, Ravenfield, Rotherham, South Yorkshire, S65 4QW - 1 views - 6 months ago

Leasehold
BTL
ROI: 6%
~78 m²
+3 photos

ValuationUndervalued

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

 

 

Square Metres

~78 m²
Price/m²£1.4K/m²

Value Estimate

£137,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£650 - £795

Rent Estimate

£678

Running Costs/mo

£499

Cashflow/mo

£179

Cashflow/yr

£2,144

ROI

6%

Gross Yield

7%

Local Sold Prices

33 sold prices from £54K to £220K, average is £127.5K. £755/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£76K06/210 mi10, Moorfield Close, Ravenfield, Rotherham, South Yorkshire S65 4QW2
£83K10/220.05 mi16, Moorfield Grove, Ravenfield, Rotherham, South Yorkshire S65 4QL2
£77K03/210.2 mi19, Sandeby Drive, Ravenfield, Rotherham, South Yorkshire S65 4QE2
£127.5K05/220.37 mi3, Green Court, Sunnyside, Rotherham, South Yorkshire S66 3ZS2
£115K05/220.47 mi12, Barberry Way, Ravenfield, Rotherham, South Yorkshire S65 4RE2
£120K09/220.49 mi4, Acorn Way, Sunnyside, Rotherham, South Yorkshire S66 3XH2
£70.5K11/210.49 mi18, Acorn Way, Sunnyside, Rotherham, South Yorkshire S66 3XH2
£54K08/230.49 mi15, Acorn Way, Sunnyside, Rotherham, South Yorkshire S66 3XH2
£113K04/210.49 mi5, Acorn Way, Sunnyside, Rotherham, South Yorkshire S66 3XH2
£110K01/210.49 mi9, Acorn Way, Sunnyside, Rotherham, South Yorkshire S66 3XH2
£80K11/200.63 mi107, Greenwood Crescent, Wickersley, Rotherham, South Yorkshire S66 2LF2
£66K10/220.67 mi189, Markfield Drive, Flanderwell, Rotherham, South Yorkshire S66 2JE2
£60K04/210.68 mi131, Markfield Drive, Flanderwell, Rotherham, South Yorkshire S66 2JE2
£122.5K02/230.68 mi6, Bridgewater Way, Ravenfield, Rotherham, South Yorkshire S65 4GH2
£115K03/220.68 mi20, Bridgewater Way, Ravenfield, Rotherham, South Yorkshire S65 4GH2
£134K09/220.89 mi46, Brookhaven Way, Bramley, Rotherham, South Yorkshire S66 1WH2
£187K08/210.95 mi18, Moss Close, Wickersley, Rotherham, South Yorkshire S66 1ET2
£195K01/230.95 mi24, Moss Close, Wickersley, Rotherham, South Yorkshire S66 1ET2
£205K11/200.96 mi8, Fabian Way, Bramley, Rotherham, South Yorkshire S66 1UR2
£139K09/221.14 mi3, Companions Close, Wickersley, Rotherham, South Yorkshire S66 1AU2
£148K02/211.14 mi16, Companions Close, Wickersley, Rotherham, South Yorkshire S66 1AU2
£150K08/211.14 mi9, Companions Close, Wickersley, Rotherham, South Yorkshire S66 1AU2
£215K07/231.15 mi5, Grange Mews, Wickersley, Rotherham, South Yorkshire S66 1YA2
£145K09/221.19 mi24, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£160K05/231.2 mi15, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£150K10/221.2 mi20, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£115K09/211.2 mi16, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£145K08/221.2 mi7, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£160K12/221.21 mi31, St Albans Court, Wickersley, Rotherham, South Yorkshire S66 1FG2
£220K06/231.32 mi13, Gorseland Court, Wickersley, Rotherham, South Yorkshire S66 1DW2
£142K03/221.38 mi38, Pinchfield Lane, Wickersley, Rotherham, South Yorkshire S66 1FD2
£200K07/231.38 mi46, Pinchfield Lane, Wickersley, Rotherham, South Yorkshire S66 1FD2
£65K10/221.52 mi24, Deer Leap Drive, Thrybergh, Rotherham, South Yorkshire S65 4DU2

Local Rents

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

RentDateDistanceAddressBeds 
£75012/240.07 miGrasby Court, Bramley2
£69508/240.1 mi-2
£79512/240.28 miRosedale Way, Sunnyside, Rotherham2
£72512/240.3 mi-2
£75012/240.34 miFerndale Drive, Bramley2
£67008/240.46 mi-2
£65012/240.49 miFlanderwell Lane, Sunnyside, ROTHERHAM2
£78512/240.53 mi-2
£75008/240.56 miLaurel Avenue, Bramley2
£69504/250.57 mi-2

Local Area Statistics

Population in S65

35,222

Population in Rotherham

212,593

Town centre distance

1.06 miles away

Nearest school

0.40 miles away

Nearest train station

3.82 miles away

 

 

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Price changed to £110,000

February 20, 2025

Price changed to £115,000

February 16, 2025

Listed for £120,000

October 22, 2024

Floor Plans

Description

  • Two bedrooms +
  • Off road parking +
  • Great investment opportunity +
  • Sought after area +
  • Great commuter links +
  • Vacant possesion +

GUIDE PRICE £110,000-£115,000
Discover this two-bedroom upper floor flat, offering great living space in a highly sought-after area. Perfectly situated near local amenities and boasting excellent commuter links, this property combines comfort and convenience in one beautiful package.

Step inside to find a spacious and inviting living area, designed with modern lifestyles in mind. The well-appointed kitchen, generous bedrooms, and and bathroom create a harmonious balance of functionality and charm. With plenty of natural light and thoughtful design touches, this home offers a peaceful retreat from the hustle and bustle. The property also boasts excellent storage facilities with outbuildings and an excellent accessible loft space.

Imagine relaxing in your living space, exploring the nearby shops and cafes, or benefiting from seamless connections to key destinations. Whether you’re a professional, a small family, or an investor, this property ticks every box for quality, location, and lifestyle.

Don’t miss the chance to make this exceptional flat your own. Contact us today to arrange a viewing and take the first step toward securing your dream home!

EPC GRADE C
Council tax band A

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

ROT220573/2

Agent Details

Reeds Rains, Rotherham

01709 212419

Next Steps?

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