4 Bed HMO, Barnsley, S70 6HW, £179,995

Dodworth Road, Barnsley, S70 6HW - 1 views - 5 months ago

HMO
ROI: 12%
~166 m²
+12 photos

ValuationUndervalued

Sold Prices£82K - £530K
Sold Prices/m²£847/m² - £3.6K/m²

 

 

Square Metres

~166 m²
Price/m²£1.1K/m²

Value Estimate

£215,994
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,999

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,199

 

 

Cash Out

 

Room Rate

£488

Gross Rent

£1,952

Running Costs/mo

£1,408

Cashflow/mo

£544

Cashflow/yr

£6,526

ROI

12%

Gross Yield

13%

Local Sold Prices

50 sold prices from £82K to £530K, average is £255K. £847/m² to £3.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£200K07/210.1 mi37, Wheatcrofts, Barnsley, South Yorkshire S70 6BZ4
£82K07/230.22 mi10, Stanley Street, Barnsley, South Yorkshire S70 6BY4
£205K03/210.26 mi1, Southwell Street, Barnsley, South Yorkshire S75 2BS4
£250K03/230.27 mi15, Grosvenor Walk, Barnsley, South Yorkshire S70 6HG4
£203K09/210.35 mi4, The Lindales, Barnsley, South Yorkshire S75 2DT4
£138.7K02/230.36 mi49, Pitt Street West, Barnsley, South Yorkshire S70 1BN4
£239K03/210.4 mi24, Gawber Road, Barnsley, South Yorkshire S75 2AF4
£280K12/200.45 mi9, Warner Place, Barnsley, South Yorkshire S75 2EJ4
£135K06/210.45 mi45, Blenheim Road, Barnsley, South Yorkshire S70 6AR4
£174K11/210.45 mi72, Blenheim Road, Barnsley, South Yorkshire S70 6AR4
£135K06/210.45 mi45, Blenheim Road, Barnsley, South Yorkshire S70 6AR4
£425K05/210.46 mi30, Victoria Road, Barnsley, South Yorkshire S70 2BU4
£225K06/210.47 mi25, Swift Street, Barnsley, South Yorkshire S75 2SN4
£215K07/230.48 mi34, Western Street, Barnsley, South Yorkshire S70 2BT4
£300K10/210.48 mi59, Hopwood Street, Barnsley, South Yorkshire S70 2BN4
£175K02/210.48 mi46, Hopwood Street, Barnsley, South Yorkshire S70 2BN4
£240K06/210.49 mi15, Guest Road, Barnsley, South Yorkshire S75 2SR4
£215K11/210.5 mi56, Park Grove, Barnsley, South Yorkshire S70 1QA4
£197.5K07/230.5 mi36, Park Grove, Barnsley, South Yorkshire S70 1QA4
£268K02/210.51 mi15, Broadway Drive, Barnsley, South Yorkshire S70 6FA4
£350K08/230.51 mi39, Hopwood Street, Barnsley, South Yorkshire S70 2BS4
£127K03/210.51 mi18, Hawthorne Street, Barnsley, South Yorkshire S70 1QQ4
£165K05/210.52 mi24, Lingard Street, Barnsley, South Yorkshire S75 2SW4
£306K06/210.56 mi6, Cotswold Close, Barnsley, South Yorkshire S75 2HN4
£330K09/210.58 mi103, Pogmoor Road, Barnsley, South Yorkshire S75 2LN4
£330K09/210.58 mi103, Pogmoor Road, Barnsley, South Yorkshire S75 2LN4
£425K11/200.59 mi14, Huddersfield Road, Barnsley, South Yorkshire S70 2LT4
£277.5K01/230.6 mi64, Queens Drive, Barnsley, South Yorkshire S75 2QE4
£360K05/210.62 miInglenook, 17, Moorland Avenue, Barnsley, South Yorkshire S70 6PQ4
£380K03/210.62 mi8, Moorland Avenue, Barnsley, South Yorkshire S70 6PQ4
£410K09/210.62 mi25, Oakfield Walk, Barnsley, South Yorkshire S75 2LW4
£240K11/220.67 mi11, Longman Road, Barnsley, South Yorkshire S70 2LD4
£175K04/210.67 mi26, Spencer Street, Barnsley, South Yorkshire S70 1QX4
£115K11/200.67 mi13, Longman Road, Barnsley, South Yorkshire S70 2LD4
£172K11/210.67 mi16, Hollowdene, Barnsley, South Yorkshire S75 2NQ4
£270K08/230.69 mi229, Park Road, Barnsley, South Yorkshire S70 1QW4
£350K08/230.69 mi249, Park Road, Barnsley, South Yorkshire S70 1QW4
£255K03/210.72 mi56, Huddersfield Road, Barnsley, South Yorkshire S75 1DR4
£270K04/210.73 mi25, Westmoor Crescent, Barnsley, South Yorkshire S75 2JY4
£315K04/210.73 mi32, Wharfedale Road, Barnsley, South Yorkshire S75 2LJ4
£345K01/230.73 mi17, Longsideway, Barnsley, South Yorkshire S75 2JL4
£295K09/210.74 mi6, Bradshaw Close, Barnsley, South Yorkshire S75 2JN4
£390K07/230.81 mi27, Harden Close, Barnsley, South Yorkshire S75 2JJ4
£250K06/230.82 mi39, Church Street, Gawber, Barnsley, South Yorkshire S75 2RH4
£530K11/220.83 mi49, Keresforth Hall Road, Barnsley, South Yorkshire S70 6NL4
£310K01/210.85 mi52, Elmwood Way, Barnsley, South Yorkshire S75 1EY4
£255K08/210.85 mi4, Barden Drive, Barnsley, South Yorkshire S75 2QT4
£421K06/210.85 mi2, Little New Close, Gawber, Barnsley, South Yorkshire S75 2PH4
£302K12/220.86 mi3, Oakworth Close, Barnsley, South Yorkshire S75 2PP4
£153K12/200.91 mi2, Wood View Lane, Barnsley, South Yorkshire S75 2RQ4

Local Area Statistics

Population in S70

38,518

Population in Barnsley

197,410

Town centre distance

1.07 miles away

Nearest school

0.20 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Price changed to £179,995

February 8, 2025

Listed for £189,995

November 13, 2024

Floor Plans

Description

  • Ideal HMO Investment Opportunity +
  • No Chain +
  • Offered with Vacant Possession +
  • Accomodation spread across FOUR floors +
  • Opportunity to secure long term guaranteed rental income with a local housing association at £1040pcm +
  • Four en-suite bedrooms +
  • Projected Rental Income of £1950pcm as an HMO +
  • Projected ROI of 9.1% +
  • EPC Rating D +
  • *Buyer's Premium Applies +

BRH are delighted to present this exceptional 4-bedroom family home in Barnsley, which also presents a remarkable investment opportunity. With the potential for a 4-5 bedroom House in Multiple Occupation (HMO), this property is perfect for both families and savvy investors.

Property Features:

Bedrooms: 4 spacious bedrooms, with 4 rooms already featuring en-suite bathrooms, providing comfort and privacy.

Basement Kitchen: A well-equipped kitchen located in the basement, ideal for communal living or family gatherings.

Additional Bathrooms: The basement also includes an extra bathroom, adding convenience for residents.

Four Floors: The property spans four floors, offering plenty of living space and flexibility for various layouts.

EPC Rating: Energy Performance Certificate rating of D, ensuring reasonable energy efficiency.

Heating System: Equipped with a modern combi boiler for efficient heating and hot water.

Estimated Rental Income: Each room can be rented out for £90 per week as a house of multiple occupation (HMO) which would give a combined income of £1,950pcm or alternatively there is an opportunity to rent out the property on a long term basis to a local housing association for a guaranteed rental income of £1,040pcm. Under this arrangement the housing association would be responsible for paying all of the utilities, council tax and would pay for any maintenance or repairs that are caused by resident damage/neglect.

Location: Situated in a desirable area of Barnsley, the property benefits from excellent local amenities, schools, and transport links, making it an attractive option for both tenants and homeowners.

Conclusion: This property is a versatile gem that can accommodate a growing family or serve as a profitable investment. Don’t miss the opportunity to view this fantastic home!

For more information or to arrange a viewing, please contact us today!

*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.

Agent Details

BRH, Doncaster

01302 490712

Next Steps?

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