3 Bed Terraced House, Single Let, Barnsley, S73 8JA, £54,000

Blythe Street, Barnsley, South Yorkshire, S73 8JA - 6 months ago

Under Offer
BTL
ROI: 15%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£45K - £260K
Sold Prices/m²£600/m² - £2.6K/m²

 

 

Square Metres

~93 m²
Price/m²£581/m²

Value Estimate

£65,880
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£17,400

 

 

Cash Out

 

Rent Range

£650 - £1,100

Rent Estimate

£500

Running Costs/mo

£289

Cashflow/mo

£211

Cashflow/yr

£2,535

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £45K to £260K, average is £123.8K. £600/m² to £2.6K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£73K07/230.02 mi4, Blythe Street, Wombwell, Barnsley, South Yorkshire S73 8HX3
£120K12/220.13 mi5, Main Street, Wombwell, Barnsley, South Yorkshire S73 8JQ3
£250K08/230.14 mi19, Rectory Close, Wombwell, Barnsley, South Yorkshire S73 8EY3
£161K02/210.14 mi27, Rectory Close, Wombwell, Barnsley, South Yorkshire S73 8EY3
£225K05/210.15 mi107, Summer Lane, Wombwell, Barnsley, South Yorkshire S73 8TU3
£45K12/200.2 mi30, Bartholomew Street, Wombwell, Barnsley, South Yorkshire S73 8LE3
£245K07/210.21 mi62a, Kingsway, Wombwell, Barnsley, South Yorkshire S73 0EA3
£110K07/210.21 mi73, Summer Lane, Wombwell, Barnsley, South Yorkshire S73 8HD3
£75K08/210.21 mi17, Summer Lane, Wombwell, Barnsley, South Yorkshire S73 8HD3
£90K01/230.21 mi15, Summer Lane, Wombwell, Barnsley, South Yorkshire S73 8HD3
£90K12/200.25 mi2, John Street, Wombwell, Barnsley, South Yorkshire S73 8LW3
£90K06/230.26 mi3, Wooley Avenue, Wombwell, Barnsley, South Yorkshire S73 8TH3
£160K04/210.29 mi25, Tune Street, Wombwell, Barnsley, South Yorkshire S73 8NR3
£148K08/230.29 mi2a, Bondfield Crescent, Wombwell, Barnsley, South Yorkshire S73 8TR3
£105K12/210.32 mi64, Hough Lane, Wombwell, Barnsley, South Yorkshire S73 0EF3
£132K06/230.32 mi148, Hough Lane, Wombwell, Barnsley, South Yorkshire S73 0EF3
£102.5K05/230.34 mi141, Hough Lane, Wombwell, Barnsley, South Yorkshire S73 0EG3
£89K08/210.34 mi143, Hough Lane, Wombwell, Barnsley, South Yorkshire S73 0EG3
£124K12/220.35 mi31, Kelvin Grove, Wombwell, Barnsley, South Yorkshire S73 0DL3
£150K10/200.36 mi226, Summer Lane, Wombwell, Barnsley, South Yorkshire S73 8QH3
£90K06/210.38 mi204, Barnsley Road, Wombwell, Barnsley, South Yorkshire S73 8DP3
£101K06/210.38 mi194, Barnsley Road, Wombwell, Barnsley, South Yorkshire S73 8DP3
£125K11/200.38 mi19, Wilson Street, Wombwell, Barnsley, South Yorkshire S73 8LR3
£123.5K12/200.38 mi11, Foley Avenue, Wombwell, Barnsley, South Yorkshire S73 8PA3
£90K05/210.38 mi183, Hough Lane, Wombwell, Barnsley, South Yorkshire S73 0EU3
£112K08/210.38 mi167, Hough Lane, Wombwell, Barnsley, South Yorkshire S73 0EU3
£125K08/210.39 mi49, Wainwright Avenue, Wombwell, Barnsley, South Yorkshire S73 8LS3
£130K01/210.39 mi36, Wainwright Avenue, Wombwell, Barnsley, South Yorkshire S73 8LS3
£94K11/200.39 mi27, Wainwright Avenue, Wombwell, Barnsley, South Yorkshire S73 8LS3
£130K03/210.4 mi11, Saffron Court, Wombwell, Barnsley, South Yorkshire S73 0AP3
£100K02/210.41 mi19, Kitchin Road, Wombwell, Barnsley, South Yorkshire S73 8QU3
£135K12/200.43 mi50, Foley Avenue, Wombwell, Barnsley, South Yorkshire S73 8PB3
£52K01/210.43 mi59, Foley Avenue, Wombwell, Barnsley, South Yorkshire S73 8PB3
£105K05/210.43 mi47, Wright Crescent, Wombwell, Barnsley, South Yorkshire S73 0ES3
£140K05/230.43 mi47, Wright Crescent, Wombwell, Barnsley, South Yorkshire S73 0ES3
£105K12/200.44 mi3, Rose Place, Wombwell, Barnsley, South Yorkshire S73 8NF3
£155K07/230.45 mi24, Washington Avenue, Wombwell, Barnsley, South Yorkshire S73 8PF3
£146K05/210.45 mi6, Washington Avenue, Wombwell, Barnsley, South Yorkshire S73 8PF3
£135K08/230.45 mi29, Margaret Road, Wombwell, Barnsley, South Yorkshire S73 0JB3
£232.5K08/230.45 mi3, Margaret Road, Wombwell, Barnsley, South Yorkshire S73 0JB3
£90K11/200.45 mi209, Barnsley Road, Wombwell, Barnsley, South Yorkshire S73 8DR3
£181K10/200.48 mi21, Edward Street, Wombwell, Barnsley, South Yorkshire S73 0BH3
£126K09/210.48 mi86, Wilson Street, Wombwell, Barnsley, South Yorkshire S73 8LZ3
£102K04/230.49 mi11, Jones Avenue, Wombwell, Barnsley, South Yorkshire S73 8QX3
£107K03/210.49 mi320, Hough Lane, Wombwell, Barnsley, South Yorkshire S73 0LP3
£150K11/220.49 mi6, Haverhill Grove, Wombwell, Barnsley, South Yorkshire S73 0DH3
£260K02/230.5 mi11, Sadlers Gate, Wombwell, Barnsley, South Yorkshire S73 8NG3
£125K12/220.5 mi58, Windmill Road, Wombwell, Barnsley, South Yorkshire S73 8PP3
£131.2K12/220.5 mi52, Rose Grove, Wombwell, Barnsley, South Yorkshire S73 8ND3
£95K07/210.51 mi36, Yvonne Grove, Wombwell, Barnsley, South Yorkshire S73 8NA3

Local Rents

30 rents from £650/mo to £1.1K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£75008/240 miBlythe Street, Wombwell3
£85009/240.08 mi-3
£75008/240.13 miMain Street, Wombwell, BARNSLEY3
£85004/250.3 mi-3
£90011/240.31 mi-3
£1,07509/240.32 mi-3
£75008/240.36 miKings Road, Wombwell3
£97508/240.39 mi-3
£85012/240.41 mi-3
£85008/240.64 miStation Road, Wombwell, Barnsley, S73 0BW3
£65012/240.66 miStation Road, Wombwell3
£99508/240.75 miColliery Mount, Barnsley, South Yorkshire, S733
£1,05008/240.75 miColliery Mount, Barnsley, South Yorkshire, S733
£89508/240.78 mi-3
£1,10008/240.78 miMitchells Main Close, Barnsley, South Yorkshire, S733
£97508/240.78 miMitchells Main Close, Barnsley, South Yorkshire, S733
£97508/240.78 miClose, Barnsley, South Yorkshire, S733
£97508/240.78 miMitchells Main Close, Barnsley, South Yorkshire, S733
£97508/240.78 miMitchells Main Close, Barnsley, South Yorkshire, S733
£1,10008/240.78 miMitchells Main Close, Barnsley, South Yorkshire, S733
£97508/240.78 miMitchell Main Close, Barnsley, South Yorkshire, S733
£97508/240.78 miMitchells Main Close, Barnsley, South Yorkshire, S733
£97508/240.78 miMitchell Main Close, Barnsley, South Yorkshire, S733
£1,10008/240.78 miMitchells Main Close, Barnsley, South Yorkshire, S733
£97508/240.79 miPitt Street, Barnsley, South Yorkshire, S733
£97508/240.79 miPitt Street, Barnsley, South Yorkshire, S733
£85012/240.92 mi-3
£85004/250.92 mi-3
£69511/231.07 miSchool Street, Hemingfield, Barnsley, S73 0PS3
£85008/241.07 miTingle Bridge Lane, Hemingfield, S733

Local Area Statistics

Population in S73

26,971

Population in Barnsley

197,410

Town centre distance

3.25 miles away

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £54,000

December 19, 2024

Price changed to £56,000

December 12, 2024

Price changed to £58,000

December 5, 2024

Price changed to £60,000

November 28, 2024

Price changed to £62,000

November 22, 2024

Price changed to £73,500

November 14, 2024

Price changed to £75,500

November 8, 2024

Listed for £77,500

October 23, 2024

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • 3 Bedrooms +
  • Spacious Kitchen +
  • Utility Area +
  • Easy Access to Local Amenities +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

This is a 3-bedroom terrace house in Barnsley. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

The well-kept home features 3 bedrooms, three-piece bathroom, lounge, kitchen and utility area.

Investment Details

It currently produces an annual gross income of £6,000 which could be increased by the new owner to a market rate of £7,800 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property and consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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