2 Bed Flat, Single Let, Rotherham, S61 4NL, £70,000

Ash View, Rotherham, South Yorkshire, S61 4NL - 2 views - 3 months ago

Sold STC

Leasehold

BTL

ROI: 14%

~68 m²

+1 photos

ValuationUndervalued

Sold Prices	£42K - £102K
Sold Prices/m²	£800/m² - £1.8K/m²

Square Metres	~68.11 m²
Price/m²	£1K/m²
Value Estimate	£77,453£77,453
BMV	11%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£17,500£17,500
Stamp Duty & Legal Fees	£3,300£3,300
Total Cash In	£20,800£20,800

Cash Out
Rent Range	£550 - £900£550 - £900
Rent Estimate	£606
Running Costs/mo	£360£360
Cashflow/mo	£246£246
Cashflow/yr	£2,953£2,953
ROI	14%14%
Gross Yield	10%10%

Local Sold Prices

34 sold prices from £42K to £102K, average is £72.5K. £800/m² to £1.8K/m², average is £1.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£60K	02/22	0 mi	46, Ash View, Rotherham, South Yorkshire S61 4NL	£800	75	2	Flat
£85K	02/22	0.54 mi	69, Grayson Road, Rotherham, South Yorkshire S61 4HG	£1,269	67	2	Flat
£64K	04/21	0.58 mi	147, Church Street, Greasbrough, Rotherham, South Yorkshire S61 4DR	£955	67	2	Flat
£80K	01/23	0.66 mi	5, Town Lane, Rotherham, South Yorkshire S61 4JG	£1,113	72	2	Flat
£79K	01/21	0.68 mi	9, Town Lane, Rotherham, South Yorkshire S61 4JG	£1,234	64	2	Flat
£79K	01/21	0.68 mi	9, Town Lane, Rotherham, South Yorkshire S61 4JG	£1,234	64	2	Flat
£60K	11/22	0.79 mi	53, Town Lane, Rotherham, South Yorkshire S61 4JQ	£952	63	2	Flat
£70K	01/23	0.82 mi	93, Town Lane, Rotherham, South Yorkshire S61 4JQ	-	-	2	Flat
£72.5K	02/22	0.82 mi	238, Wingfield Road, Rotherham, South Yorkshire S61 4AZ	£1,189	61	2	Flat
£74K	11/21	0.86 mi	125, Town Lane, Rotherham, South Yorkshire S61 4JH	£1,121	66	2	Flat
£65K	03/23	1.08 mi	10, Copley Place, Rotherham, South Yorkshire S61 1TJ	-	-	2	Flat
£55K	11/20	1.09 mi	46, Birks Road, Rotherham, South Yorkshire S61 3JY	£833	66	2	Flat
£87K	08/22	1.11 mi	53, Leatham Avenue, Rotherham, South Yorkshire S61 1AD	£1,250	70	2	Flat
£42K	07/22	1.14 mi	82, Leatham Avenue, Rotherham, South Yorkshire S61 1AD	-	-	2	Flat
£55K	02/23	1.17 mi	31, Binders Road, Rotherham, South Yorkshire S61 3LP	£873	63	2	Flat
£70K	07/21	1.2 mi	16, Remount Road, Rotherham, South Yorkshire S61 3AE	£1,111	63	2	Flat
£100K	03/22	1.28 mi	14, Durham Way, Parkgate, Rotherham, South Yorkshire S62 6FL	£1,538	65	2	Flat
£90K	05/21	1.28 mi	24, Durham Way, Parkgate, Rotherham, South Yorkshire S62 6FL	£1,425	63	2	Flat
£90K	05/21	1.28 mi	24, Durham Way, Parkgate, Rotherham, South Yorkshire S62 6FL	£1,425	63	2	Flat
£68K	03/22	1.39 mi	39, Redscope Crescent, Rotherham, South Yorkshire S61 3LY	£1,030	66	2	Flat
£56K	03/21	1.41 mi	33, Redscope Crescent, Rotherham, South Yorkshire S61 3LY	£903	62	2	Flat
£72K	09/22	1.59 mi	27, Bray Walk, Rotherham, South Yorkshire S61 3BL	£1,200	60	2	Flat
£58K	05/21	1.59 mi	18a, Lister Avenue, Rawmarsh, Rotherham, South Yorkshire S62 7HZ	£892	65	2	Flat
£72K	12/22	1.61 mi	7, Monks Close, Rotherham, South Yorkshire S61 3BN	£1,011	71	2	Flat
£67K	07/21	1.62 mi	21, Lister Avenue, Rawmarsh, Rotherham, South Yorkshire S62 7HY	£1,117	60	2	Flat
£85K	02/23	1.62 mi	17a, Lister Avenue, Rawmarsh, Rotherham, South Yorkshire S62 7HY	£1,392	61	2	Flat
£79K	01/22	1.62 mi	21a, Lister Avenue, Rawmarsh, Rotherham, South Yorkshire S62 7HY	£1,153	69	2	Flat
£72.5K	04/23	1.72 mi	6, Bishopstoke Court, Rotherham, South Yorkshire S65 2BX	-	-	2	Flat
£91K	06/21	1.81 mi	7, Wentworth Place, Scholes, Rotherham, South Yorkshire S61 2QX	-	-	2	Flat
£75K	06/23	1.87 mi	63, Clifton Grove, Rotherham, South Yorkshire S65 2AZ	-	-	2	Flat
£62K	03/22	1.89 mi	81a, Cambridge Street, Rotherham, South Yorkshire S65 2SS	£1,186	52	2	Flat
£102K	03/21	1.92 mi	23, Elderberry Close, Scholes, Rotherham, South Yorkshire S61 2NZ	£1,821	56	2	Flat
£102K	03/21	1.92 mi	23, Elderberry Close, Scholes, Rotherham, South Yorkshire S61 2NZ	£1,821	56	2	Flat
£89K	11/20	1.97 mi	Apartment 38, Trafford Apartments, Richmond Way, Rotherham, South Yorkshire S61 2LJ	-	-	2	Flat

Local Rents

13 rents from £550/mo to £900/mo, average is £695/mo.

Rent	Date	Distance	Address	Beds	Type
£750	08/24	0.2 mi	Scrooby Street, Greasbrough, S61 4PH	2	Terraced House
£695	04/25	0.22 mi	-	2	Flat
£695	10/24	0.29 mi	-	2	Flat
£650	06/24	0.53 mi	-	2	Flat
£550	10/24	0.93 mi	-	2	Flat
£900	08/24	0.98 mi	Fenton Fields, Rotherham, S61	2	Bungalow
£850	08/24	1.14 mi	Leatham Avenue, ROTHERHAM	2	Flat
£775	09/24	1.14 mi	Leatham Avenue, Rotherham, S61 1AD	2	Flat
£775	09/24	1.14 mi	Leatham Avenue, ROTHERHAM	2	House
£625	03/25	1.16 mi	-	2	Terraced House
£600	08/24	1.18 mi	Dovercourt Road, Rotherham	2	Terraced House
£625	03/25	1.24 mi	-	2	Terraced House
£625	04/25	1.24 mi	-	2	Terraced House

Local Area Statistics

Population in S61	35,86635,866
Population in Rotherham	212,593212,593
Town centre distance	3.30 miles away3.30 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.38 miles away1.38 miles away

Rental growth (12m)	+5%+5%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+31%+31%

Property History

Listed for £70,000

January 10, 2025

Floor Plans

Description

Two bedroom Flat +
Top floor +
Spacious accommodation +
Gas heating +
UPVC double glazing +
Close to amenities +
Would suite first timers & investors +

ATTENTION FIRST TIMERS & INVESTORS! SPACIOUS, TWO BEDROOM TOP FLOOR FLAT, CLOSE TO AMENITIES, BOOK YOUR VIEWING TODAY!

A two bedroom top floor flat that would suit both first time buyers or investors. The property enjoys a convenient position close to amenities in Greasbrough and benefits from gas heating to radiators and UPVC double glazing. The accommodation briefly comprises an entrance hallway, lounge, kitchen diner, two double bedrooms, bathroom and a WC. Outside there are communal areas and a residents parking bay. Book your viewing with Lincoln Ralph today!

Agent Details

Lincoln Ralph, Rotherham

01709 212513

Next Steps?

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

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2 Bed Flat, Single Let, Rotherham, S61 4NL, £70,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents