3 Bed Semi-Detached House, Single Let, Rotherham, S65 1LG, £95,000

Coleridge Road, Rotherham, S65 1LG - 4 views - 6 months ago

Sold STC
Auction
BTL
ROI: 7%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£65K - £195K
Sold Prices/m²£731/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£125,676
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£28,400

 

 

Cash Out

 

Rent Range

£700 - £1,200

Rent Estimate

£725

Running Costs/mo

£462

Cashflow/mo

£263

Cashflow/yr

£3,158

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £65K to £195K, average is £123.5K. £731/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£100K08/230.09 mi16, Bowen Road, Rotherham, South Yorkshire S65 1LH3
£195K05/210.13 mi123, Doncaster Road, Rotherham, South Yorkshire S65 2BN3
£120K11/200.13 mi33, Cranworth Road, Rotherham, South Yorkshire S65 1LN3
£155K12/200.23 mi175, Doncaster Road, Rotherham, South Yorkshire S65 2DQ3
£186K10/220.23 mi6, Rotherhill Close, Rotherham, South Yorkshire S65 2DH3
£78K03/210.24 mi219, Fitzwilliam Road, Rotherham, South Yorkshire S65 1NB3
£148.5K09/220.29 mi28, Oxford Street, Rotherham, South Yorkshire S65 2DR3
£135K02/230.29 mi33, Oxford Street, Rotherham, South Yorkshire S65 2DR3
£90K02/210.29 mi42, Oxford Street, Rotherham, South Yorkshire S65 2DR3
£110K02/230.33 mi38, Lord Street, Rotherham, South Yorkshire S65 2SU3
£90K02/230.34 mi66, Queen Street, Rotherham, South Yorkshire S65 2SZ3
£112K02/210.36 mi3, North Place, Rotherham, South Yorkshire S65 2RE3
£65K05/210.37 mi15, Haldane Road, Rotherham, South Yorkshire S65 1LR3
£110K11/200.39 mi68, North Crescent, Rotherham, South Yorkshire S65 2RF3
£96K06/210.39 mi32, Cambridge Crescent, Rotherham, South Yorkshire S65 2RB3
£137.5K12/200.39 mi15, Middleton Road, Rotherham, South Yorkshire S65 2AY3
£127K04/210.4 mi16, First Avenue, Rotherham, South Yorkshire S65 2RP3
£145.1K12/220.4 mi13, First Avenue, Rotherham, South Yorkshire S65 2RP3
£155K05/210.42 mi110, Lister Street, Rotherham, South Yorkshire S65 2AX3
£185K03/230.42 mi81, Lister Street, Rotherham, South Yorkshire S65 2AX3
£129K12/200.48 mi140, Gilberthorpe Street, Rotherham, South Yorkshire S65 2TN3
£135K03/210.48 mi7, Newton Drive, Rotherham, South Yorkshire S65 2TJ3
£136K07/230.48 mi7, North Road, Rotherham, South Yorkshire S65 2RR3
£90K04/210.5 mi87, Clifton Avenue, Rotherham, South Yorkshire S65 2PZ3
£120K10/210.51 mi49, East Crescent, Rotherham, South Yorkshire S65 2RT3
£175K04/210.54 mi15, Clifton Crescent South, Rotherham, South Yorkshire S65 2AR3
£120K09/210.55 mi28, Western Road, Rotherham, South Yorkshire S65 2EX3
£120K12/220.55 mi28, Greens Road, Rotherham, South Yorkshire S65 2EU3
£71K03/210.55 mi3, Greens Road, Rotherham, South Yorkshire S65 2EU3
£98K03/230.55 mi5, Greens Road, Rotherham, South Yorkshire S65 2EU3
£160K02/230.56 mi31, Central Avenue, Rotherham, South Yorkshire S65 2ER3
£155K03/230.56 mi24, Central Avenue, Rotherham, South Yorkshire S65 2ER3
£175K09/210.56 mi40, Ashwell Grove, Rotherham, South Yorkshire S65 1NF3
£130K04/230.56 mi47, Central Avenue, Rotherham, South Yorkshire S65 2ER3
£100K11/220.58 mi291, Doncaster Road, Rotherham, South Yorkshire S65 2UD3
£100K03/230.58 mi43, North Road, Rotherham, South Yorkshire S65 2SA3
£100K01/210.58 mi47, North Road, Rotherham, South Yorkshire S65 2SA3
£140K12/200.59 mi15, Middle Lane South, Rotherham, South Yorkshire S65 2HY3
£140K01/230.59 mi52, Far Lane, Rotherham, South Yorkshire S65 2RU3
£109K03/210.6 mi64, Far Lane, Rotherham, South Yorkshire S65 2RU3
£102.8K10/210.6 mi58, Far Lane, Rotherham, South Yorkshire S65 2RU3
£140K08/210.6 mi93, Old Clifton Lane, Rotherham, South Yorkshire S65 2AW3
£120K12/220.62 mi3, Oval Road, Rotherham, South Yorkshire S65 2HA3
£140K07/230.62 mi18, Wordsworth Drive, Herringthorpe, Rotherham, South Yorkshire S65 2QQ3
£105K03/210.62 mi84, Wordsworth Drive, Rotherham, South Yorkshire S65 2QQ3
£153.2K07/210.63 mi3, Wellgate Terrace, Rotherham, South Yorkshire S60 2ND3
£147K02/230.64 mi38, Burns Road, Rotherham, South Yorkshire S65 2QF3
£115K04/230.65 mi2, Central Avenue, Rotherham, South Yorkshire S65 2ET3
£130K01/230.66 mi28, Burns Drive, Rotherham, South Yorkshire S65 2QH3
£110K02/210.67 mi34, East Road, Rotherham, South Yorkshire S65 2UX3

Local Rents

16 rents from £700/mo to £1.2K/mo, average is £863/mo.

RentDateDistanceAddressBeds 
£89508/240.19 miOld Garden Drive, Rotherham3
£80009/240.21 miGrosvenor Road, ROTHERHAM3
£89504/250.28 mi-3
£75008/240.29 mi-3
£75008/240.3 mi-3
£85011/240.32 mi-3
£85001/250.32 mi-3
£89009/240.32 miOxford Street, Rotherham, S653
£70008/240.33 miLord Street, Clifton3
£70011/240.38 mi-3
£85011/240.4 mi-3
£1,20006/240.45 mi-3
£87508/240.58 mi-3
£87508/240.58 mi-3
£87504/250.59 mi-3
£87508/240.6 miMiddle Place, East Dene, S65 2HH3

Local Area Statistics

Population in S65

35,222

Population in Rotherham

212,593

Town centre distance

2.05 miles away

Nearest school

0.20 miles away

Nearest train station

0.80 miles away

 

 

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Price changed to £95,000

January 27, 2025

Price changed to £100,000

January 23, 2025

Listed for £115,000

November 5, 2024

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • Three bedroom semi detached property +
  • Spacious accommodation throughout +
  • Ideal purchase for the FTB +
  • Drive with garage providing off road parking +
  • Rear garden +

SUMMARY
STARTING BID: £115,000 - GOTTA BE IN IT TO WIN IT - Making the perfect purchase for the FTB this three bedroom semi detached boasts spacious accommodation throughout with off road parking and a delightful rear garden. CALL NOW TO ARRANGE A VIEWING...!!!

DESCRIPTION
.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall 
Having a front facing door.

Lounge 13' 10" into chimney breast x 12' 6" ( 4.22m into chimney breast x 3.81m )
Having a front facing double glazed window and a radiator.

Kitchen 8' 4" x 10' 9" ( 2.54m x 3.28m )
Fitted with wall and base units housing the hob and the oven with worktops housing the sink & drainer. There is also space for a fridge/freezer and a washing machine. Having a rear facing window.

Dining Room 12' 4" x 9' 4" ( 3.76m x 2.84m )
Having a rear facing double glazed window, a side facing door and a radiator.

Shower Room 
Situated on the ground floor fitted with a shower cubicle, a hand wash basin and a WC.

Bedroom One 10' 4" x 10' 7" plus recess ( 3.15m x 3.23m plus recess )
Having a front facing double glazed window and a radiator.

En Suite 
Fitted with a hand wash basin & a WC.

Bedroom Two 8' 5" x 7' 5" ( 2.57m x 2.26m )
Having a rear facing double glazed window and a radiator.

Bedroom Three 7' 8" x 8' 1" ( 2.34m x 2.46m )
Having a rear facing double glazed window and a radiator.

Outside 
To the front of the property is a drive and a garage providing off road parking.

To the rear is a lawned garden with a decked area and a shed providing outdoor storage space and a summer house.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Rotherham

01709 212549

Next Steps?

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