2 Bed Terraced House, Refurb/BRRR, Barnsley, S74 0JT, £65,000

11 Dobroyd Terrace, Barnsley, South Yorkshire, S74 0JT - 7 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 6%
58 m²

ValuationUndervalued

Sold Prices£65K - £310K
Sold Prices/m²£935/m² - £3.5K/m²

 

 

Square Metres

58 m²
Price/m²£1.1K/m²

Value Estimate

£66,950
BMV3%

 

 

End Value (After Refurb)

£91,735

Uplift in Value

+41%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£3,150

Refurb Costs

£23,449

Bridging Loan Interest

£1,706

Total Cash In

£46,306

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£91,735

Mortgage (After Refinance)

£68,801

Mortgage LTV

75%

Cash Released

£20,051

Cash Left In

£26,255

Equity

£22,934

Rent Range

£550 - £875

Rent Estimate

£650

Running Costs/mo

£437

Cashflow/mo

£213

Cashflow/yr

£2,560

ROI

6%

Gross Yield

12%

Local Sold Prices

50 sold prices from £65K to £310K, average is £108.8K. £935/m² to £3.5K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£105K03/210.03 mi10, Milton Close, Jump, Barnsley, South Yorkshire S74 0HU2
£115K04/230.04 mi7, Lily Terrace, Jump, Barnsley, South Yorkshire S74 0JU2
£92.2K02/230.09 mi49, Church Street, Jump, Barnsley, South Yorkshire S74 0HX2
£111K03/210.28 mi153, Cherry Tree Street, Hoyland, Barnsley, South Yorkshire S74 9RW2
£200K12/220.31 mi27, Bevan Close, Elsecar, Barnsley, South Yorkshire S74 8DR2
£90K12/200.35 mi27, Kingswood Crescent, Hoyland, Barnsley, South Yorkshire S74 9PR2
£143K03/210.36 mi20, Tomlinson Road, Elsecar, Barnsley, South Yorkshire S74 8DH2
£210K01/230.37 mi30, Kingswood Crescent, Hoyland, Barnsley, South Yorkshire S74 9PT2
£103K05/230.39 mi37, Barber Street, Hoyland, Barnsley, South Yorkshire S74 9RD2
£310K08/210.4 mi21, Rother Croft, Hoyland, Barnsley, South Yorkshire S74 0AF2
£88K12/220.4 mi98, Cherry Tree Street, Elsecar, Barnsley, South Yorkshire S74 8DF2
£105K09/210.41 mi55, Cherry Tree Street, Elsecar, Barnsley, South Yorkshire S74 8DG2
£86K07/230.41 mi99, Cherry Tree Street, Elsecar, Barnsley, South Yorkshire S74 8DG2
£155K01/230.43 mi1, Cumberland Close, Hoyland, Barnsley, South Yorkshire S74 9PY2
£83K11/200.44 mi87, Wombwell Road, Hoyland, Barnsley, South Yorkshire S74 9SJ2
£93K08/220.44 mi14, Booth Street, Hoyland, Barnsley, South Yorkshire S74 9JX2
£115K12/220.45 mi28, St Helens Street, Elsecar, Barnsley, South Yorkshire S74 8BH2
£155K11/200.45 mi11, Hambleton Close, Elsecar, Barnsley, South Yorkshire S74 8DS2
£107.5K08/220.45 mi16, St Helens Street, Elsecar, Barnsley, South Yorkshire S74 8BH2
£87.5K02/210.45 mi56, St Helens Street, Elsecar, Barnsley, South Yorkshire S74 8BH2
£65K01/210.45 mi8, Booth Street, Hoyland, Barnsley, South Yorkshire S74 9JX2
£78K10/210.46 mi161, King Street, Hoyland, Barnsley, South Yorkshire S74 9LL2
£87K11/200.48 mi22, Gill Street, Hoyland, Barnsley, South Yorkshire S74 9LR2
£100K01/230.48 mi35, Gill Street, Hoyland, Barnsley, South Yorkshire S74 9LR2
£89K10/200.49 mi6, Hall Street, Hoyland, Barnsley, South Yorkshire S74 9JR2
£125K11/220.49 mi202, King Street, Hoyland, Barnsley, South Yorkshire S74 9LJ2
£85K04/230.49 mi21, Noble Street, Hoyland, Barnsley, South Yorkshire S74 9LP2
£90K10/210.49 mi25, Noble Street, Hoyland, Barnsley, South Yorkshire S74 9LP2
£102.5K07/230.49 mi1, Noble Street, Hoyland, Barnsley, South Yorkshire S74 9LP2
£155K08/220.5 mi6, Wendel Grove, Elsecar, Barnsley, South Yorkshire S74 8DU2
£118K10/220.51 mi27, Saxton Close, Elsecar, Barnsley, South Yorkshire S74 8BA2
£75K02/210.53 mi6, Cobcar Street, Elsecar, Barnsley, South Yorkshire S74 8DA2
£110K02/230.53 mi19, Cobcar Street, Elsecar, Barnsley, South Yorkshire S74 8DA2
£110K12/200.53 mi1, Ledsham Court, Elsecar, Barnsley, South Yorkshire S74 8BD2
£120K07/210.55 mi113, Strafford Avenue, Elsecar, Barnsley, South Yorkshire S74 8AL2
£125K07/210.55 mi10, Oaken Royd Croft, Elsecar, Barnsley, South Yorkshire S74 8AX2
£127.5K08/210.55 mi12, Oaken Royd Croft, Elsecar, Barnsley, South Yorkshire S74 8AX2
£85K05/210.56 mi48, George Street, Hoyland, Barnsley, South Yorkshire S74 9AE2
£115K02/230.57 mi40, Allott Street, Elsecar, Barnsley, South Yorkshire S74 8EW2
£127.5K07/230.58 mi10, Oldfield Close, Hoyland, Barnsley, South Yorkshire S74 9EJ2
£135K09/220.59 mi16, West Street, Hoyland, Barnsley, South Yorkshire S74 9AG2
£100K01/210.59 mi26, Wilkinson Road, Elsecar, Barnsley, South Yorkshire S74 8JS2
£97.5K07/210.61 mi102, Cemetery Road, Hemingfield, Barnsley, South Yorkshire S73 0QG2
£190K04/230.64 mi100, West Street, Hoyland, Barnsley, South Yorkshire S74 9DJ2
£87K11/200.67 mi199, Barnsley Road, Hoyland, Barnsley, South Yorkshire S74 0QT2
£215K06/210.67 miIngle Nook, Woodcock Road, Hoyland, Barnsley, South Yorkshire S74 9AY2
£110K06/230.68 mi1, Millhouses Street, Hoyland, Barnsley, South Yorkshire S74 9BQ2
£134K02/210.69 mi56, Fieldhead Road, Hoyland, Barnsley, South Yorkshire S74 9AT2
£73.9K04/210.71 mi62, Cemetery Road, Hemingfield, Barnsley, South Yorkshire S73 0QD2
£152K06/230.74 mi9, Scholes View, Hoyland, Barnsley, South Yorkshire S74 9BA2

Local Rents

14 rents from £550/mo to £875/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£69512/240.05 mi-2
£55008/240.1 miChurch Street, Jump2
£87512/240.21 mi-2
£65012/240.28 miEdinburgh Road, Hoyland2
£69501/250.34 mi-2
£71508/240.41 miBarber Street, Hoyland, Barnsley, S742
£62501/250.42 mi-2
£76502/250.44 mi-2
£57508/240.45 miSt Helen Street, Elsecar2
£63508/240.46 miWombwell Road, Hoyland, Barnsley, S742
£69812/240.46 miBarber Street, Hoyland, Barnsley, S742
£72508/240.49 miNoble Street, Hoyland, Barnsley, S742
£65008/240.55 miOaken Royd Croft, Elsecar, Barnsley2
£69508/240.56 mi-2

Local Area Statistics

Population in S74

17,839

Population in Barnsley

197,410

Town centre distance

3.42 miles away

Nearest school

0.10 miles away

Nearest train station

0.55 miles away

 

 

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £65,000

December 12, 2024

Sold for £11,000

2000

Description

  • END TERRACE +
  • TWO BEDROOMS +
  • REFURB REQUIRED +
  • RENTAL INCOME OF £650PCM +

If you're looking for a doer-upper, look no further! This two-bedroom mid-terrace house offers an excellent opportunity for renovation and personalization. With some modernisation, this property has the potential to generate a rental income of approximately £650pcm, making it a fantastic investment opportunity. Don’t miss the chance to unlock the potential of this property!

Agent Details

Beecroft Estates, Barnsley

01226 447525

Next Steps?

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

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