3 Bed Terraced House, Refurb/BRRR, Rotherham, S65 2BW, £115,000

Doncaster Road, Rotherham, S65 2BW - 3 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 5%
~90 m²
+10 photos

ValuationFair Value

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

 

 

Square Metres

~90.40 m²
Price/m²£1.3K/m²

Value Estimate

£117,300

 

 

End Value (After Refurb)

£108,051

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Refurb Costs

£36,711

Bridging Loan Interest

£3,019

Total Cash In

£77,180

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£108,051

Mortgage (After Refinance)

£81,038

Mortgage LTV

75%

Cash Left In

£77,180

Equity

£27,013

Rent Range

£700 - £1,200

Rent Estimate

£867

Running Costs/mo

£531

Cashflow/mo

£336

Cashflow/yr

£4,031

ROI

5%

Gross Yield

9%

Local Sold Prices

50 sold prices from £65K to £195K, average is £120K. £731/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£195K05/210.08 mi123, Doncaster Road, Rotherham, South Yorkshire S65 2BN3
£100K08/230.11 mi16, Bowen Road, Rotherham, South Yorkshire S65 1LH3
£120K11/200.13 mi33, Cranworth Road, Rotherham, South Yorkshire S65 1LN3
£186K10/220.15 mi6, Rotherhill Close, Rotherham, South Yorkshire S65 2DH3
£155K12/200.15 mi175, Doncaster Road, Rotherham, South Yorkshire S65 2DQ3
£148.5K09/220.2 mi28, Oxford Street, Rotherham, South Yorkshire S65 2DR3
£135K02/230.2 mi33, Oxford Street, Rotherham, South Yorkshire S65 2DR3
£90K02/210.21 mi42, Oxford Street, Rotherham, South Yorkshire S65 2DR3
£78K03/210.24 mi219, Fitzwilliam Road, Rotherham, South Yorkshire S65 1NB3
£110K02/230.24 mi38, Lord Street, Rotherham, South Yorkshire S65 2SU3
£90K02/230.27 mi66, Queen Street, Rotherham, South Yorkshire S65 2SZ3
£112K02/210.28 mi3, North Place, Rotherham, South Yorkshire S65 2RE3
£96K06/210.31 mi32, Cambridge Crescent, Rotherham, South Yorkshire S65 2RB3
£110K11/200.31 mi68, North Crescent, Rotherham, South Yorkshire S65 2RF3
£127K04/210.32 mi16, First Avenue, Rotherham, South Yorkshire S65 2RP3
£145.1K12/220.32 mi13, First Avenue, Rotherham, South Yorkshire S65 2RP3
£65K05/210.33 mi15, Haldane Road, Rotherham, South Yorkshire S65 1LR3
£137.5K12/200.36 mi15, Middleton Road, Rotherham, South Yorkshire S65 2AY3
£155K05/210.38 mi110, Lister Street, Rotherham, South Yorkshire S65 2AX3
£185K03/230.38 mi81, Lister Street, Rotherham, South Yorkshire S65 2AX3
£136K07/230.41 mi7, North Road, Rotherham, South Yorkshire S65 2RR3
£135K03/210.41 mi7, Newton Drive, Rotherham, South Yorkshire S65 2TJ3
£120K10/210.43 mi49, East Crescent, Rotherham, South Yorkshire S65 2RT3
£129K12/200.43 mi140, Gilberthorpe Street, Rotherham, South Yorkshire S65 2TN3
£90K04/210.45 mi87, Clifton Avenue, Rotherham, South Yorkshire S65 2PZ3
£120K09/210.46 mi28, Western Road, Rotherham, South Yorkshire S65 2EX3
£120K12/220.46 mi28, Greens Road, Rotherham, South Yorkshire S65 2EU3
£71K03/210.47 mi3, Greens Road, Rotherham, South Yorkshire S65 2EU3
£98K03/230.47 mi5, Greens Road, Rotherham, South Yorkshire S65 2EU3
£160K02/230.48 mi31, Central Avenue, Rotherham, South Yorkshire S65 2ER3
£155K03/230.48 mi24, Central Avenue, Rotherham, South Yorkshire S65 2ER3
£130K04/230.48 mi47, Central Avenue, Rotherham, South Yorkshire S65 2ER3
£175K09/210.51 mi40, Ashwell Grove, Rotherham, South Yorkshire S65 1NF3
£140K01/230.51 mi52, Far Lane, Rotherham, South Yorkshire S65 2RU3
£100K03/230.51 mi43, North Road, Rotherham, South Yorkshire S65 2SA3
£100K01/210.51 mi47, North Road, Rotherham, South Yorkshire S65 2SA3
£115K10/200.52 mi297, Doncaster Road, Rotherham, South Yorkshire S65 2UD3
£100K11/220.52 mi291, Doncaster Road, Rotherham, South Yorkshire S65 2UD3
£109K03/210.52 mi64, Far Lane, Rotherham, South Yorkshire S65 2RU3
£102.8K10/210.52 mi58, Far Lane, Rotherham, South Yorkshire S65 2RU3
£140K12/200.53 mi15, Middle Lane South, Rotherham, South Yorkshire S65 2HY3
£175K04/210.53 mi15, Clifton Crescent South, Rotherham, South Yorkshire S65 2AR3
£120K12/220.54 mi3, Oval Road, Rotherham, South Yorkshire S65 2HA3
£140K07/230.56 mi18, Wordsworth Drive, Herringthorpe, Rotherham, South Yorkshire S65 2QQ3
£105K03/210.56 mi84, Wordsworth Drive, Rotherham, South Yorkshire S65 2QQ3
£115K04/230.56 mi2, Central Avenue, Rotherham, South Yorkshire S65 2ET3
£147K02/230.57 mi38, Burns Road, Rotherham, South Yorkshire S65 2QF3
£130K01/230.59 mi28, Burns Drive, Rotherham, South Yorkshire S65 2QH3
£140K08/210.6 mi93, Old Clifton Lane, Rotherham, South Yorkshire S65 2AW3
£110K02/210.6 mi34, East Road, Rotherham, South Yorkshire S65 2UX3

Local Rents

19 rents from £700/mo to £1.2K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£89508/240.1 miOld Garden Drive, Rotherham3
£89503/250.2 mi-3
£85011/240.24 mi-3
£85001/250.24 mi-3
£89009/240.24 miOxford Street, Rotherham, S653
£70008/240.24 miLord Street, Clifton3
£80009/240.3 miGrosvenor Road, ROTHERHAM3
£85011/240.32 mi-3
£75008/240.37 mi-3
£1,20006/240.37 mi-3
£75008/240.38 mi-3
£70011/240.43 mi-3
£87508/240.51 miMiddle Place, East Dene, S65 2HH3
£87508/240.51 mi-3
£87508/240.51 mi-3
£87504/250.52 mi-3
£99508/240.59 miBrook Road, Rotherham, S653
£99508/240.59 mi-3
£85008/240.6 miEast Road, ROTHERHAM3

Local Area Statistics

Population in S65

35,222

Population in Rotherham

212,593

Town centre distance

1.97 miles away

Nearest school

0.20 miles away

Nearest train station

0.87 miles away

 

 

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £115,000

December 31, 2024

Floor Plans

Description

  • No Chain +
  • First Time Buyers Welcome +
  • Very Secure Location +
  • Investment Oppertunity +
  • Spacious Living Area +

The Property
Charming 3-Bedroom Terraced Home in a Quiet, Private Location

Nestled behind a secure barrier access, this terraced property offers privacy and potential. With a total floor area of approximately 90.4 m² (973 sq. ft.), this home is ideal for those looking to put their personal touch on a property in a peaceful setting.

Ground Floor Features:
- Spacious Lounge (5.12m x 3.15m): A bright and welcoming living area with great potential for customization to suit your style.
- Dining Room (3.20m x 2.50m): A separate dining space adjoining the kitchen, ready for you to create a cozy family hub.
- Kitchen (3.20m x 2.50m): In need of some TLC but offers ample opportunity for modernization and personalization.
- Cloakroom/WC: A practical addition on the ground floor for guests.

First Floor Highlights:
- Primary Bedroom (4.06m x 3.15m): A generously sized master bedroom, waiting to be transformed into your personal haven.
- Bedroom 2 (4.30m x 2.50m): Spacious and versatile, perfect for a guest room, child’s bedroom, or home office.
- Bedroom 3 (3.00m x 2.50m): A great option for a child’s bedroom or creative space.
- Family Bathroom (2.50m x 1.70m): Requires updating, providing the chance to design your dream bathroom.

Additional Benefits:
- Secure Barrier Access: Enjoy peace of mind and added security, ensuring a private and tranquil living environment.
- Private Setting: Tucked away from the main road, this property offers minimal noise and a serene atmosphere.
- Great Opportunity: With some care and attention, this home can be transformed into a stunning property tailored to your taste.

Offering the perfect canvas to create your dream home, this property is brimming with potential. Arrange a viewing today and let your imagination bring it to life!

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 21/01/2090

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Sheffield

020 3834 8396

Next Steps?

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