3 Bed Terraced House, Refurb/BRRR, Huddersfield, HD3 4PY, £130,000

Scar Lane, Milnsbridge, Huddersfield, HD3 4PY - 3 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+5 photos

ValuationFair Value

Sold Prices£77.8K - £255K
Sold Prices/m²£146/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£131,300

 

 

End Value (After Refurb)

£164,051

Uplift in Value

+26%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,800

Refurb Costs

£39,428

Bridging Loan Interest

£3,413

Total Cash In

£84,891

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£164,051

Mortgage (After Refinance)

£123,038

Mortgage LTV

75%

Cash Released

£25,538

Cash Left In

£59,353

Equity

£41,013

Rent Range

£600 - £1,250

Rent Estimate

£918

Running Costs/mo

£716

Cashflow/mo

£202

Cashflow/yr

£2,421

ROI

3%

Gross Yield

8%

Local Sold Prices

50 sold prices from £77.8K to £255K, average is £155.5K. £146/m² to £3.1K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£160K10/220.11 mi22, Holmfield Drive, Golcar, Huddersfield, West Yorkshire HD7 4AY3
£125K04/210.11 mi12, Rufford Road, Huddersfield, West Yorkshire HD3 4RN3
£135K12/220.17 mi270, Scar Lane, Golcar, Huddersfield, West Yorkshire HD7 4AU3
£160K10/230.17 mi308, Scar Lane, Golcar, Huddersfield, West Yorkshire HD7 4AU3
£135K09/210.19 mi149, Scar Lane, Milnsbridge, Huddersfield, West Yorkshire HD3 4PS3
£122.5K12/220.21 mi66, Scar Lane, Milnsbridge, Huddersfield, West Yorkshire HD3 4PS3
£80K10/200.22 mi3, Barlbrough Place, Huddersfield, West Yorkshire HD3 4PR3
£140K02/210.22 mi7, East Street, Golcar, Huddersfield, West Yorkshire HD7 4BS3
£169.9K04/230.23 mi14, Glastonbury Drive, Huddersfield, West Yorkshire HD3 4SA3
£117K09/210.23 mi39, Glastonbury Drive, Huddersfield, West Yorkshire HD3 4SA3
£213.5K06/210.23 mi46, Taylor Street, Golcar, Huddersfield, West Yorkshire HD7 4BR3
£215K04/210.24 mi72, Rufford Road, Huddersfield, West Yorkshire HD3 4RW3
£220K01/230.26 mi20, Rutland Road, Longwood, Huddersfield, West Yorkshire HD3 4RA3
£125K04/210.27 mi93, Scar Lane, Huddersfield, West Yorkshire HD3 4PW3
£123.5K04/210.27 mi2, Birch Grove, Golcar, Huddersfield, West Yorkshire HD7 4BQ3
£93.5K11/210.3 mi937, Manchester Road, Huddersfield, West Yorkshire HD4 5TA3
£141K07/230.3 mi979, Manchester Road, Huddersfield, West Yorkshire HD4 5TA3
£104K05/210.3 mi939, Manchester Road, Huddersfield, West Yorkshire HD4 5TA3
£189K12/200.31 mi29, Ryefield Road, Golcar, Huddersfield, West Yorkshire HD7 4DA3
£237K12/220.31 mi406, Scar Lane, Golcar, Huddersfield, West Yorkshire HD7 4AR3
£143.9K06/210.31 mi346, Scar Lane, Golcar, Huddersfield, West Yorkshire HD7 4AR3
£255K02/210.31 mi328, Scar Lane, Golcar, Huddersfield, West Yorkshire HD7 4AR3
£150K10/230.31 mi332, Scar Lane, Golcar, Huddersfield, West Yorkshire HD7 4AR3
£136.5K08/210.32 mi18, Lindley Street, Milnsbridge, Huddersfield, West Yorkshire HD3 4QU3
£171.3K12/220.34 mi32, Cowlersley Lane, Huddersfield, West Yorkshire HD4 5TZ3
£165K11/200.34 mi46, Mulberry Court, Golcar, Huddersfield, West Yorkshire HD7 4DL3
£180K10/230.34 mi14, Cowlersley Lane, Huddersfield, West Yorkshire HD4 5TY3
£205K08/230.34 mi23, Cowlersley Lane, Huddersfield, West Yorkshire HD4 5TY3
£175K10/220.35 mi7, Warwick Avenue, Golcar, Huddersfield, West Yorkshire HD7 4BX3
£90K02/210.35 mi1003, Manchester Road, Spurn Point, Huddersfield, West Yorkshire HD7 5RF3
£200K03/240.36 mi5, Stratford Close, Golcar, Huddersfield, West Yorkshire HD7 4BU3
£120K02/210.36 mi17, Leymoor Road, Huddersfield, West Yorkshire HD3 4SW3
£159.9K06/230.37 mi133, Side Lane, Longwood, Huddersfield, West Yorkshire HD3 4SR3
£186K12/220.37 mi139, Side Lane, Longwood, Huddersfield, West Yorkshire HD3 4SR3
£200K12/200.39 mi816, Manchester Road, Huddersfield, West Yorkshire HD4 5SZ3
£122K03/210.39 mi12, Marina Terrace, Golcar, Huddersfield, West Yorkshire HD7 4RA3
£127.5K05/210.39 mi4, Marina Terrace, Golcar, Huddersfield, West Yorkshire HD7 4RA3
£169.8K03/230.39 mi38, Marina Terrace, Golcar, Huddersfield, West Yorkshire HD7 4RA3
£92K02/210.39 mi116, Leymoor Road, Huddersfield, West Yorkshire HD3 4SN3
£151K04/230.39 mi1, Yew Tree Lane, Huddersfield, West Yorkshire HD4 5UY3
£175K07/230.39 mi8, Yew Tree Lane, Huddersfield, West Yorkshire HD4 5UY3
£190K06/230.39 mi5, Scar Top, Golcar, Huddersfield, West Yorkshire HD7 4DT3
£218K11/220.39 mi12, Yew Grove, Huddersfield, West Yorkshire HD4 5XG3
£77.8K06/210.39 mi90, Cowlersley Lane, Huddersfield, West Yorkshire HD4 5UE3
£165K02/240.39 mi103, Cowlersley Lane, Huddersfield, West Yorkshire HD4 5UE3
£165K11/200.4 mi1, Yew Grove, Huddersfield, West Yorkshire HD4 5XG3
£125K09/210.41 mi9, Mount Street, Cowlersley, Huddersfield, West Yorkshire HD4 5TD3
£136K10/230.41 mi2, Mount Street, Cowlersley, Huddersfield, West Yorkshire HD4 5TD3
£147.5K12/200.41 mi15, Ramsden Street, Golcar, Huddersfield, West Yorkshire HD7 4AP3
£175K06/230.42 mi15, Josephine Road, Huddersfield, West Yorkshire HD4 5UD3

Local Rents

24 rents from £600/mo to £1.3K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£1,05012/240.17 mi-3
£90011/240.17 mi-3
£1,15012/240.17 miBrittania Road, Huddersfield, HD33
£1,15012/240.17 mi-3
£1,15006/240.17 mi-3
£1,25012/240.17 miBritannia Road, Huddersfield, West Yorkshire, HD33
£99002/240.27 mi-3
£95004/250.27 mi-3
£75007/240.31 mi-3
£1,05004/240.33 mi-3
£95006/240.33 mi-3
£95012/240.33 mi-3
£87510/240.33 mi-3
£95012/240.44 miPickford Street, Huddersfield, West Yorkshire, HD33
£85004/250.48 mi-3
£99503/250.48 mi-3
£60008/240.52 mi-3
£87504/240.53 miThorpe Green Drive, Golcar, Huddersfield, West Yorkshire, HD73
£85012/240.54 mi-3
£75012/240.56 mi-3
£75012/240.56 mi-3
£85012/240.6 mi-3
£60004/240.6 mi-3
£80012/240.61 miParkland Avenue, Longwood, Huddersfield, West Yorkshire, HD33

Local Area Statistics

Population in HD3

29,493

Population in Huddersfield

200,145

Town centre distance

1.62 miles away

Nearest school

0.40 miles away

Nearest train station

1.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £130,000

February 28, 2025

Listed for £140,000

January 22, 2025

Description

  • In Need of Modernisation +
  • Three Bedrooms +
  • Driveway to Rear +
  • Backing onto fields +
  • Excellent Access HRI, M62 & Schools +
  • No Onwards Chain +

GUIDE PRICE £130,000-£135,000 IN NEED OF MODERNISATION REAR DRIVEWAY!! BACKING ONTO LOCAL PARK!! CLOSE TO SHOPS GOOD FOR SCHOOLS NO ONWARD CHAIN EXCELLENT ACCESS FOR COMMUTERS M62 AND RAIL LINKS ** Henry James are delighted to offer this extremely excellent opportunity to acquire a three bedroom mid-terraced family home in need of modernisation and situated in a popular residential area of Milnsbridge. The property has been brought to the market with good size gardens with lovely views to the rear. Situated in a great location with good access to the Town Centre and close to popular schools. Also offering a good opportunity for commuters with the trans-Pennine Line running with links Leeds and Manchester. There is also an excellent bus service operates locally and the village offers a range of local amenities. NB: We have been informed by our client that this property is FREEHOLD Accommodation briefly Comprises: Ground Floor Entrance Hall: staircase to the first floor accommodation. Lounge: Window to front with lovely views. Dining Room: Window to rear Kitchen: Eye and base units with work surfaces, inset sink, space and plumbing for washing machine, space for fridge freezer, cooker space, door to outside. First Floor Landing: Access to the loft. Bedroom One: Window to front. Bedroom Two: Window to rear. Bedroom Three: Window to the front. Family Bathroom: Comprises bath, wash hand basin, low level wc, window to the rear. Outside: Pathway to front door. At the rear is a enclosed garden which is a good size and perfect for the family. There is rear access which the owner used for off street parking for one vehicle. Areas of interest locally set to Milnsbridge. 1. Huddersfield Town Centre: Just a short distance away, you'll find the vibrant town centre of Huddersfield, offering shopping, dining, and cultural attractions. 2. Marsden: A lovely village nearby, Marsden is known for its scenic canal and the Standedge Tunnel, which is the longest and highest canal tunnel in the UK. 3. Castle Hill: Located about 3 miles from Golcar, Castle Hill is a historic site with a prominent hilltop tower offering stunning views of the surrounding countryside. 4. National Coal Mining Museum for England: Situated around 8 miles from Golcar, this museum offers an immersive experience into the region's mining history. 5. Holmfirth: Approximately 8 miles away, Holmfirth is a charming town famous for being the filming location of the TV show "Last of the Summer Wine." 6. Brontë Parsonage Museum: Located in Haworth, about 20 miles away, this museum celebrates the life and works of the Brontë sisters. These are just a few options, and there are many more attractions and natural beauty spots to explore in the surrounding areas near Golcar and Huddersfield. NB: If you are thinking of selling and would like a FREE no obligation valuation then please contact our offices to arrange a time to come and see your home too. Disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.

Agent Details

Henry James, Huddersfield

01484 240700

Next Steps?

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