Potential 4-Bed HMO, Rotherham, S60 2LD, £190,000

Hollowgate, Rotherham, S60 2LD - 3 views - 2 months ago

HMO
ROI: 9%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£65K - £305K
Sold Prices/m²£485/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£142,575

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Room Rate

£455

Gross Rent

£1,820

Running Costs/mo

£1,414

Cashflow/mo

£406

Cashflow/yr

£4,878

ROI

9%

Gross Yield

11%

Local Sold Prices

50 sold prices from £65K to £305K, average is £140K. £485/m² to £2.3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£80K03/210.02 mi50, Hollowgate, Rotherham, South Yorkshire S60 2LA3
£153.2K07/210.14 mi3, Wellgate Terrace, Rotherham, South Yorkshire S60 2ND3
£105K12/200.16 mi36, Ramsden Road, Rotherham, South Yorkshire S60 2QW3
£193K09/230.31 mi3, Broom Grove, Rotherham, South Yorkshire S60 2TE3
£140K08/210.31 mi93, Old Clifton Lane, Rotherham, South Yorkshire S65 2AW3
£175K04/210.34 mi15, Clifton Crescent South, Rotherham, South Yorkshire S65 2AR3
£150K12/210.34 mi85, Hall Road, Rotherham, South Yorkshire S60 2BW3
£138.5K03/210.34 mi71, Hall Road, Rotherham, South Yorkshire S60 2BW3
£300K06/210.37 mi84, Moorgate Road, Rotherham, South Yorkshire S60 2AY3
£155K10/210.4 mi34, Fraser Road, Rotherham, South Yorkshire S60 2SZ3
£205K12/220.47 mi5, Broomfield Grove, Rotherham, South Yorkshire S60 2SY3
£170K11/210.47 mi30, Broomfield Grove, Rotherham, South Yorkshire S60 2SY3
£115K11/200.47 mi42, Broomfield Grove, Rotherham, South Yorkshire S60 2SY3
£305K09/210.5 miThe Sexton's Lodge, 20, Boston Castle Grove, Rotherham, South Yorkshire S60 2BA3
£137.5K12/200.51 mi15, Middleton Road, Rotherham, South Yorkshire S65 2AY3
£155K05/210.57 mi110, Lister Street, Rotherham, South Yorkshire S65 2AX3
£185K03/230.57 mi81, Lister Street, Rotherham, South Yorkshire S65 2AX3
£129K12/200.58 mi140, Gilberthorpe Street, Rotherham, South Yorkshire S65 2TN3
£130K11/200.59 mi40, Oxley Grove, Rotherham, South Yorkshire S60 2RZ3
£90K04/210.61 mi87, Clifton Avenue, Rotherham, South Yorkshire S65 2PZ3
£175K02/230.61 mi74, Brunswick Road, Rotherham, South Yorkshire S60 2RY3
£175K11/210.66 mi65, Brunswick Road, Rotherham, South Yorkshire S60 2RX3
£162K12/200.66 mi77, Brunswick Road, Rotherham, South Yorkshire S60 2RX3
£135K03/210.7 mi7, Newton Drive, Rotherham, South Yorkshire S65 2TJ3
£195K05/210.7 mi123, Doncaster Road, Rotherham, South Yorkshire S65 2BN3
£172K02/210.71 mi93a, Moorgate Road, Rotherham, South Yorkshire S60 2TZ3
£175K05/230.72 mi5, Shawsfield Road, Rotherham, South Yorkshire S60 2RS3
£140K12/200.73 mi15, Middle Lane South, Rotherham, South Yorkshire S65 2HY3
£135K04/210.74 mi38, Brunswick Road, Rotherham, South Yorkshire S60 2RH3
£90K02/230.75 mi66, Queen Street, Rotherham, South Yorkshire S65 2SZ3
£65K06/210.75 mi118, College Road, Rotherham, South Yorkshire S60 1JF3
£140K07/230.76 mi18, Wordsworth Drive, Herringthorpe, Rotherham, South Yorkshire S65 2QQ3
£105K03/210.76 mi84, Wordsworth Drive, Rotherham, South Yorkshire S65 2QQ3
£148.5K09/220.79 mi28, Oxford Street, Rotherham, South Yorkshire S65 2DR3
£135K02/230.79 mi33, Oxford Street, Rotherham, South Yorkshire S65 2DR3
£90K02/210.81 mi42, Oxford Street, Rotherham, South Yorkshire S65 2DR3
£151K10/210.82 mi237, Broom Valley Road, Rotherham, South Yorkshire S60 3AA3
£100K08/230.82 mi16, Bowen Road, Rotherham, South Yorkshire S65 1LH3
£70K03/210.83 mi98, James Street, Rotherham, South Yorkshire S60 1LA3
£147K02/230.84 mi38, Burns Road, Rotherham, South Yorkshire S65 2QF3
£110K02/230.85 mi38, Lord Street, Rotherham, South Yorkshire S65 2SU3
£186K10/220.86 mi6, Rotherhill Close, Rotherham, South Yorkshire S65 2DH3
£80K08/230.86 mi33, Tennyson Road, Rotherham, South Yorkshire S65 2LP3
£120K11/200.87 mi33, Cranworth Road, Rotherham, South Yorkshire S65 1LN3
£142K10/230.88 mi99, Middle Lane South, Rotherham, South Yorkshire S65 2JB3
£130K01/230.89 mi28, Burns Drive, Rotherham, South Yorkshire S65 2QH3
£155K12/200.89 mi175, Doncaster Road, Rotherham, South Yorkshire S65 2DQ3
£120K09/210.91 mi28, Western Road, Rotherham, South Yorkshire S65 2EX3
£123K07/230.91 mi21, Renway Road, Rotherham, South Yorkshire S60 3EU3
£155K05/230.92 mi56, Marlowe Drive, Rotherham, South Yorkshire S65 2JF3

Local Area Statistics

Population in S60

37,979

Population in Rotherham

212,593

Town centre distance

2.57 miles away

Nearest school

0.50 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £190,000

January 29, 2025

Floor Plans

Description

  • Three bedroom mid terraced property - previously a five bed HMO +
  • Ideal purchase for the FTB +
  • Well placed to local amenities/transport links & Rotherham Town Centre +
  • Enclosed rear garden +
  • CALL TO VIEW +

SUMMARY
NEST OR INVEST - Offered to market is this three bed mid terraced, previously used as a five bed HMO making the ideal purchase for the investor. Boasting spacious accommodation throughout with an enclosed rear garden & being well placed to Rotherham Town Centre...VIEW NOW!!!

DESCRIPTION
.

Entrance Hall 
Having a front facing double glazed door and the stairs to the landing.

Lounge 14' 8" x 11' 7" into chimney breast recess ( 4.47m x 3.53m into chimney breast recess )
Having a front facing double glazed window, a radiator and a fireplace.

Dining Room 11' 11" x 8' ( 3.63m x 2.44m )
Having a front facing double glazed window and a radiator.

Kitchen 18' x 7' 9" ( 5.49m x 2.36m )
Fitted with wall and base units housing the hob and the oven with worktops housing the sink and drainer. There is also space and plumbing for a fridge/freezer and a washing machine. Having a side facing double glazed door, a rear facing double glazed window, spotlights to the ceiling and also providing entry to the cellar.

Bedroom One 11' 10" x 11' 11" ( 3.61m x 3.63m )
Having a front facing double glazed window and a radiator.

Bedroom Two 8' 4" x 11' 7" ( 2.54m x 3.53m )
Having a rear facing double glazed window and a radiator.

Bedroom Three 8' into door recess x 11' 11" plus built in storage ( 2.44m into door recess x 3.63m plus built in storage )
Having a front facing double glazed window, a radiator and a built in storage cupboard.

Bathroom 
Being partly tiled and fitted with plumbing for a shower cubicle, a hand wash basin and a W.C. Having a rear facing double glazed window, a heated towel rail and spotlights to the ceiling.

Outside 
To the rear is an enclosed garden.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Rotherham

01709 212549

Next Steps?

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