3 Bed Bungalow, Refurb/BRRR, Sheffield, S17 3EG, £575,000

9 Rushley Close, Dore, S17 3EG, Sheffield - 2 views - 5 months ago

Refurb/BRRR
87 m²
+13 photos

ValuationOvervalued

Sold Prices£211K - £817.5K
Sold Prices/m²£2.8K/m² - £6.3K/m²

 

 

Square Metres

87 m²
Price/m²£6.6K/m²

Value Estimate

£311,950

 

 

End Value (After Refurb)

£541,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£34,700

Refurb Costs

£35,548

Bridging Loan Interest

£15,094

Total Cash In

£230,842

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£541,250

Mortgage (After Refinance)

£405,938

Mortgage LTV

75%

Cash Left In

£230,842

Equity

£135,313

Rent Range

£900 - £3,500

Rent Estimate

£1,490

Running Costs/mo

£2,009

Cashflow/mo

£-519

Cashflow/yr

£-6,233

Gross Yield

3%

Local Sold Prices

50 sold prices from £211K to £817.5K, average is £470K. £2.8K/m² to £6.3K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£401K09/220.05 miLimpits Farm, Rushley Road, Sheffield, South Yorkshire S17 3EH3
£470K02/240.05 mi70, Causeway Head Road, Sheffield, South Yorkshire S17 3DU3
£300K11/230.05 mi62, Causeway Head Road, Sheffield, South Yorkshire S17 3DU3
£492K02/210.05 mi41, Causeway Head Road, Sheffield, South Yorkshire S17 3DS3
£545K10/220.06 mi49, Causeway Head Road, Sheffield, South Yorkshire S17 3DS3
£425K11/230.06 mi51, Causeway Head Road, Sheffield, South Yorkshire S17 3DS3
£555K03/210.09 mi65, Causeway Head Road, Sheffield, South Yorkshire S17 3DX3
£560K09/230.1 mi37, Rushley Drive, Sheffield, South Yorkshire S17 3EL3
£540K05/210.12 mi10, Rushley Drive, Sheffield, South Yorkshire S17 3EN3
£560K05/230.13 mi11, The Meadway, Sheffield, South Yorkshire S17 3EB3
£565K02/230.13 mi15, The Meadway, Sheffield, South Yorkshire S17 3EB3
£420K05/210.13 mi6, Rushley Road, Sheffield, South Yorkshire S17 3EJ3
£480K10/200.14 mi6, Heather Lea Avenue, Sheffield, South Yorkshire S17 3DJ3
£472.5K06/210.14 mi26, Heather Lea Avenue, Sheffield, South Yorkshire S17 3DJ3
£447K09/220.14 mi9, Rushley Drive, Sheffield, South Yorkshire S17 3EL3
£345K09/220.15 mi12, Devonshire Terrace Road, Sheffield, South Yorkshire S17 3EF3
£415.5K03/210.25 mi8, Dore Hall Croft, Sheffield, South Yorkshire S17 3HD3
£310K01/210.26 mi36, Vicarage Lane, Dore, Sheffield, South Yorkshire S17 3GX3
£635K11/230.33 mi6, Middlefield Croft, Sheffield, South Yorkshire S17 3AS3
£580K02/210.35 mi3a, Brickhouse Lane, Sheffield, South Yorkshire S17 3DQ3
£315K12/200.36 mi65g, Limb Lane, Dore, Sheffield, South Yorkshire S17 3ES3
£568.6K01/230.38 mi46, Burlington Road, Dore, Sheffield, South Yorkshire S17 3NQ3
£440K10/200.39 mi6, Middlefield Close, Sheffield, South Yorkshire S17 3AR3
£695K12/220.42 mi105, Bushey Wood Road, Sheffield, South Yorkshire S17 3QD3
£650K11/210.43 mi6, Burlington Grove, Sheffield, South Yorkshire S17 3PH3
£700K12/230.48 mi131, Furniss Avenue, Sheffield, South Yorkshire S17 3QN3
£465K03/210.48 mi145, Furniss Avenue, Sheffield, South Yorkshire S17 3QN3
£525K03/210.48 mi95, Furniss Avenue, Sheffield, South Yorkshire S17 3QN3
£475K06/230.53 mi25, Old Hay Close, Sheffield, South Yorkshire S17 3GP3
£500K08/230.53 mi41, Old Hay Close, Sheffield, South Yorkshire S17 3GP3
£368K01/210.54 mi27, Old Hay Close, Sheffield, South Yorkshire S17 3GP3
£545K05/210.55 mi5, Cavendish Avenue, Dore, Sheffield, South Yorkshire S17 3NJ3
£357K10/200.56 mi60, Old Hay Close, Sheffield, South Yorkshire S17 3GQ3
£585K12/220.56 mi7, Old Hay Lane, Sheffield, South Yorkshire S17 3GN3
£515K02/230.56 mi57a, Devonshire Road, Dore, Sheffield, South Yorkshire S17 3NU3
£390K09/230.59 mi5, Kings Coppice, Dore, Sheffield, South Yorkshire S17 3RZ3
£385.6K06/210.62 mi63, Abbeydale Park Rise, Sheffield, South Yorkshire S17 3PE3
£376K02/240.62 mi69, Abbeydale Park Rise, Sheffield, South Yorkshire S17 3PE3
£817.5K01/240.62 mi6, Thornsett Gardens, Sheffield, South Yorkshire S17 3PP3
£383K12/200.63 mi49, Ashfurlong Road, Sheffield, South Yorkshire S17 3NL3
£700K05/210.63 mi6, Ashfurlong Road, Dore, Sheffield, South Yorkshire S17 3NL3
£515K10/220.65 mi51, Bushey Wood Road, Sheffield, South Yorkshire S17 3QA3
£281K11/220.65 mi6, Totley Brook Glen, Sheffield, South Yorkshire S17 3PX3
£216K07/230.66 mi302, Totley Brook Road, Sheffield, South Yorkshire S17 3QY3
£211K01/210.66 mi186, Totley Brook Road, Sheffield, South Yorkshire S17 3QY3
£247.3K06/210.66 mi262, Totley Brook Road, Sheffield, South Yorkshire S17 3QY3
£470K02/210.67 mi57, Furniss Avenue, Sheffield, South Yorkshire S17 3QJ3
£266K12/220.67 mi240, Totley Brook Road, Sheffield, South Yorkshire S17 3QY3
£229.3K11/200.67 mi6, Totley Brook Way, Sheffield, South Yorkshire S17 3PW3
£345K12/200.7 mi15, Mercia Drive, Sheffield, South Yorkshire S17 3QF3

Local Rents

21 rents from £900/mo to £3.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,15007/240.15 miDevonshire Terrace Road, Sheffield, South Yorkshire, S173
£1,49508/240.16 miDevonshire Terrace Road, Sheffield, S173
£1,35011/240.16 mi-3
£1,30007/240.58 miOld Hay Close, Sheffield, South Yorkshire, UK, S173
£3,50008/240.66 miTreetops, Old Hay Lane, Dore, Sheffield3
£1,35002/240.73 mi-3
£1,45007/240.73 mi-3
£1,45007/240.73 mi-3
£1,50006/240.73 mi-3
£3,50008/240.76 miOld Hay Lane, Sheffield3
£1,61508/240.87 miWhinfell Court, Sheffield, S113
£1,15008/240.92 miGrove Avenue, Totley, S173
£1,49512/241.01 mi-3
£1,60007/241.02 miStonecroft Road, Sheffield3
£95009/241.04 mi-3
£1,00008/241.04 miLadies Spring Drive, Sheffield, S173
£1,00012/241.04 miLadies Spring Drive, Sheffield, S173
£1,45008/241.1 miBaslow Road, Sheffield, S173
£1,05007/241.15 miGlover Road, Totley Rise, Sheffield3
£99007/241.15 mi-3
£90007/241.24 mi-3

Local Area Statistics

Population in S17

15,483

Population in Sheffield

548,268

Town centre distance

5.05 miles away

Nearest school

0.40 miles away

Nearest train station

1.08 miles away

 

 

Rental growth (12m)

-11%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £575,000

November 4, 2024

Sold for £335,000

2015

Sold for £107,000

1995

Floor Plans

Description

  • No onward chain. +
  • Three bedrooms, including two good doubles. +
  • Large sitting room overlooking the generous front garden. +
  • Side by side dining room and kitchen which could perhaps be combined (subject to regs). +
  • Entrance hall, W.C, rear porch/small conservatory and a separate, modern shower room. +
  • Off road parking for several cars alongside a carport and garage for storage. +
  • South, south westerly facing rear garden. +
  • Freehold. +
  • Council Tax E. +
  • EPC rating D55, gas central heating and UPVC double glazing. +

Situated on a generous south westerly facing plot with attractive gardens to both the front and rear, on a quiet cul de sac within a short walk of Dore Villages excellent amenities. This freehold bungalow offers the next owner the opportunity to modernise to their own tastes and is available to buy with no onward chain. The property has generous proportions throughout, plenty of off road parking and the potential to be redeveloped to form additional accommodation (subject to regs) Dore is a fabulous place to live, with an excellent range of amenities at its centre, including pubs, restaurants, local shopping and superb transport links. Bungalows in Dore, particularly ones that are so well positioned, close to the shops etc.. are therefore always in high demand.

Description - A detached, three bedroom bungalow that is situated on a quiet cul de sac within a short walk from Dore Villages excellent amenities. The property requires a general scheme of modernisation throughout however the first class location and generous plot will surely make this property attractive to buyers who aren't scared of adding their own stamp to a property. Number 9 is situated on a generous plot that includes attractive gardens to the front and rear and has a sunny, south to south west orientation at the back. There is plenty of off road parking with a long drive approaching the car port and attached garage that provides plenty of space for storage. Internally there is a good balance of accommodation with notable rooms including the large sitting room and the two double bedrooms. It is also suggested that the dining room and kitchen could easily be combined to make a more contemporary, open plan dining kitchen if the necessary consents were acquired. Dore is such a great place to live, particularly if you are looking for somewhere to retire or downsize to. There aren't many other villages in the city that are as well connected by transport links (train and bus services can be found close by) or that provide as many local shops, pubs, restaurants and cafes to socialise in. If sports are your thing then the S17 postcode has got the lot! There are two golf courses and a driving range found within a short drive, Abbeydale Sports Club has tennis, squash, cricket, football, rugby and badminton facilities and the nearby Limb Valley and Blackamoor Nature Reserve can literally be accessed, via a short walk, from your front door.

Agent Details

Eadon Lockwood & Riddle, Banner Cross

0114 697 1883

Next Steps?

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