2 Bed Flat, Single Let, Barnsley, S75 1ER, £110,000

High Balk, Wilthorpe, S75 1ER - 6 months ago

Sold STC

Leasehold

BTL

ROI: 5%

~68 m²

+9 photos

ValuationOvervalued

Sold Prices	£50K - £124K
Sold Prices/m²	£873/m² - £2K/m²

Square Metres	~68.11 m²
Price/m²	£1.6K/m²
Value Estimate	£89,173£89,173

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£27,500£27,500
Stamp Duty & Legal Fees	£4,500£4,500
Total Cash In	£32,000£32,000

Cash Out
Rent Range	£550 - £900£550 - £900
Rent Estimate	£609
Running Costs/mo	£486£486
Cashflow/mo	£123£123
Cashflow/yr	£1,481£1,481
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

21 sold prices from £50K to £124K, average is £85K. £873/m² to £2K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£90K	06/23	0.04 mi	Apartment 202, College House, Huddersfield Road, Barnsley, South Yorkshire S75 1DS	-	-	2	Flat
£85K	03/23	0.22 mi	10, Lombard Close, Barnsley, South Yorkshire S75 1AW	£1,328	64	2	Flat
£100K	09/23	0.22 mi	7, Lombard Close, Barnsley, South Yorkshire S75 1AW	-	-	2	Flat
£85K	12/20	0.22 mi	18, Lombard Close, Barnsley, South Yorkshire S75 1AW	£1,518	56	2	Flat
£124K	11/20	0.26 mi	2a, Queens Drive, Barnsley, South Yorkshire S75 2QJ	£2,000	62	2	Flat
£85K	11/22	0.42 mi	31, Halifax Street, Barnsley, South Yorkshire S71 1QY	-	-	2	Flat
£95K	03/23	0.47 mi	73, Hopwood Street, Barnsley, South Yorkshire S70 2BN	£1,696	56	2	Flat
£110K	12/20	0.47 mi	Flat 5, Stoneylea Court, Western Street, Barnsley, South Yorkshire S70 2BP	-	-	2	Flat
£78K	09/22	0.52 mi	8, Brierfield Close, Barnsley, South Yorkshire S75 2DA	£1,182	66	2	Flat
£94K	03/23	0.6 mi	1, Medlar Croft, Barnsley, South Yorkshire S75 2EX	£1,607	59	2	Flat
£80K	11/22	0.63 mi	1, The Blossoms, Barnsley, South Yorkshire S75 2DJ	£1,290	62	2	Flat
£95K	02/23	0.65 mi	12, Medlar Croft, Barnsley, South Yorkshire S75 2EX	£1,624	59	2	Flat
£67K	06/21	0.69 mi	6, Cornfall Place, Barnsley, South Yorkshire S70 6BW	£1,081	62	2	Flat
£100K	05/23	0.69 mi	4, Cornfall Place, Barnsley, South Yorkshire S70 6BW	£1,587	63	2	Flat
£75K	04/23	0.69 mi	8, Cornfall Place, Barnsley, South Yorkshire S70 6BW	£1,172	64	2	Flat
£99K	03/23	0.75 mi	40, Langmere Close, Barnsley, South Yorkshire S70 6BQ	£1,598	62	2	Flat
£96K	12/22	0.75 mi	42, Langmere Close, Barnsley, South Yorkshire S70 6BQ	-	-	2	Flat
£63K	05/21	0.77 mi	18, Royal Street, Barnsley, South Yorkshire S70 2ED	£1,075	59	2	Flat
£50K	08/21	0.91 mi	49, Burton Road, Monk Bretton, Barnsley, South Yorkshire S71 2GB	-	-	2	Flat
£55K	05/21	0.97 mi	70a, Standhill Crescent, Barnsley, South Yorkshire S71 1ST	£873	63	2	Flat
£72K	07/22	1 mi	58, Marston Crescent, Barnsley, South Yorkshire S71 1SY	£1,182	61	2	Flat

Local Rents

26 rents from £550/mo to £900/mo, average is £700/mo.

Rent	Date	Distance	Address	Beds	Type
£735	09/24	0.01 mi	High Balk, BARNSLEY	2	Flat
£650	09/24	0.17 mi	Orchard Court, Cockerham Lane, Barnsley	2	Flat
£650	02/24	0.18 mi	-	2	Flat
£650	01/25	0.18 mi	-	2	Flat
£550	11/24	0.24 mi	-	2	Flat
£550	04/25	0.24 mi	-	2	Flat
£725	12/24	0.39 mi	-	2	Semi-Detached House
£875	12/24	0.43 mi	-	2	Bungalow
£875	04/25	0.43 mi	-	2	Bungalow
£675	08/24	0.54 mi	Welbeck Street, Barnsley, S75	2	Flat
£700	12/24	0.55 mi	-	2	Semi-Detached House
£825	11/24	0.56 mi	-	2	Semi-Detached House
£725	08/24	0.57 mi	Clumber Street, BARNSLEY	2	Terraced House
£900	08/24	0.57 mi	Kestrel Road, Barnsley, S75	2	Semi-Detached House
£675	04/25	0.59 mi	-	2	Flat
£750	02/25	0.6 mi	-	2	Semi-Detached House
£550	08/24	0.6 mi	Sackville Heights, Barnsley, S70	2	Flat
£700	08/24	0.6 mi	-	2	Terraced House
£750	04/25	0.6 mi	-	2	Terraced House
£700	08/24	0.61 mi	-	2	Terraced House
£700	09/24	0.61 mi	-	2	Terraced House
£700	08/24	0.61 mi	Hilton Street, Barnsley, S75	2	Terraced House
£750	08/24	0.61 mi	Winter Terrace, Pogmoor, Barnsley, S75	2	Flat
£795	08/24	0.61 mi	Warner Place, Barnsley, South Yorkshire, S75	2	Semi-Detached House
£625	03/25	0.62 mi	-	2	Terraced House
£595	08/24	0.62 mi	-	2	Terraced House

Local Area Statistics

Population in S75	43,56643,566
Population in Barnsley	197,410197,410
Town centre distance	1.27 miles away1.27 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.85 miles away0.85 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-42%-42%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+37%+37%

Property History

Listed for £110,000

November 2, 2024

Floor Plans

Description

Apartment +
Two Bedrooms +
Chain Free +
Close to Local Amenities +
Town Centre Within Walking Distance +
Viewing Highly Recommended +

GUIDE PRICE - £110,000 - £120,000

Discover your new home in the heart of Wilthorpe! This top-floor, chain-free two-bedroom apartment offers both convenience and comfort, making it ideal for first-time buyers ready to step onto the property ladder.

Located just a short walk from Barnsley town centre, you’ll have quick access to shops, restaurants, and public transport, providing the perfect mix of urban convenience and peaceful residential living. The property boasts a spacious, bright layout with modern finishes throughout, offering a blank canvas to make your own.

Imagine coming home to a light-filled, vacant apartment that’s ready for immediate move-in, so you can settle in with ease. Whether you're seeking your first home or an investment, this property provides exceptional value in a prime location.

Don’t miss this rare opportunity to make Wilthorpe your home! Contact us today to schedule a viewing and take the first step toward securing your new home.

Agent Details

Haybrook, Barnsley

01226 447721

Next Steps?

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

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