3 Bed Terraced House, Single Let, Rotherham, S66 7PL, £75,000

Nelson Road, Maltby, Rotherham, S66 7PL - 3 views - 3 months ago

Auction
BTL
ROI: 16%
~93 m²
+2 photos

ValuationUndervalued

Sold Prices£53K - £325K
Sold Prices/m²£583/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£806/m²

Value Estimate

£93,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£625 - £1,150

Rent Estimate

£688

Running Costs/mo

£392

Cashflow/mo

£296

Cashflow/yr

£3,552

ROI

16%

Gross Yield

11%

Local Sold Prices

50 sold prices from £53K to £325K, average is £97.5K. £583/m² to £2.7K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£75K09/230 mi34, Nelson Road, Maltby, Rotherham, South Yorkshire S66 7PL3
£70K03/230.02 mi15, Howard Road, Maltby, Rotherham, South Yorkshire S66 7PN3
£75K01/230.06 mi78, Tickhill Road, Maltby, Rotherham, South Yorkshire S66 7PB3
£75K06/210.06 mi42, Tickhill Road, Maltby, Rotherham, South Yorkshire S66 7PB3
£75K06/210.06 mi42, Tickhill Road, Maltby, Rotherham, South Yorkshire S66 7PB3
£83K07/230.06 mi62, Tickhill Road, Maltby, Rotherham, South Yorkshire S66 7PB3
£65K02/210.08 mi4, Fisher Road, Maltby, Rotherham, South Yorkshire S66 7PG3
£140K06/230.11 mi47, Dunns Dale, Maltby, Rotherham, South Yorkshire S66 7NS3
£115K09/210.21 mi113, Highfield Park, Maltby, Rotherham, South Yorkshire S66 7DU3
£157.5K04/230.21 mi121, Highfield Park, Maltby, Rotherham, South Yorkshire S66 7DU3
£85K08/230.29 mi16, Atlee Close, Maltby, Rotherham, South Yorkshire S66 7JW3
£140K02/230.3 mi12, Norfolk Place, Maltby, Rotherham, South Yorkshire S66 7DD3
£100K12/220.3 mi15, Byron Road, Maltby, Rotherham, South Yorkshire S66 7LR3
£104K03/230.3 mi5, Burns Road, Maltby, Rotherham, South Yorkshire S66 7LS3
£100K05/230.3 mi37, Byron Road, Maltby, Rotherham, South Yorkshire S66 7LR3
£135K06/210.31 mi13, Haslam Place, Maltby, Rotherham, South Yorkshire S66 7DP3
£55K12/220.31 mi30, Burns Road, Maltby, Rotherham, South Yorkshire S66 7LS3
£115K07/230.31 mi32, Cripps Close, Maltby, Rotherham, South Yorkshire S66 7JP3
£83.5K11/210.32 mi23, Gaitskell Close, Maltby, Rotherham, South Yorkshire S66 7JR3
£110K01/230.32 mi10, Gaitskell Close, Maltby, Rotherham, South Yorkshire S66 7JR3
£77K10/210.34 mi12, Hardie Close, Maltby, Rotherham, South Yorkshire S66 7JS3
£53K08/210.34 mi29, Hardie Close, Maltby, Rotherham, South Yorkshire S66 7JS3
£95K03/230.34 mi15, Hardie Close, Maltby, Rotherham, South Yorkshire S66 7JS3
£125K05/230.34 mi18, Devonshire Road, Maltby, Rotherham, South Yorkshire S66 7DF3
£86K11/200.35 mi5, Sousa Street, Maltby, Rotherham, South Yorkshire S66 7QA3
£75K02/210.35 mi58, Grange Lane, Maltby, Rotherham, South Yorkshire S66 7DN3
£122.5K02/210.35 mi78, Grange Lane, Maltby, Rotherham, South Yorkshire S66 7DN3
£80K01/210.36 mi25, Jowitt Close, Maltby, Rotherham, South Yorkshire S66 7JT3
£84K09/210.37 mi18, Highfield Park, Maltby, Rotherham, South Yorkshire S66 7DR3
£95K02/210.37 mi14, Highfield Park, Maltby, Rotherham, South Yorkshire S66 7DR3
£56K11/200.38 mi18, Firth Crescent, Maltby, Rotherham, South Yorkshire S66 7HS3
£72.5K05/210.38 mi14, Firth Crescent, Maltby, Rotherham, South Yorkshire S66 7HS3
£115K01/230.38 mi16, Firth Crescent, Maltby, Rotherham, South Yorkshire S66 7HS3
£76K09/210.4 mi25, Millicent Square, Maltby, Rotherham, South Yorkshire S66 7JD3
£200K02/230.41 mi6, Leaf Close, Maltby, Rotherham, South Yorkshire S66 7LA3
£60K12/200.42 mi18, Margaret Street, Maltby, Rotherham, South Yorkshire S66 7JH3
£61K02/230.43 mi26, Adelaide Street, Maltby, Rotherham, South Yorkshire S66 7JF3
£140K08/210.43 mi36, Salisbury Road, Maltby, Rotherham, South Yorkshire S66 7HD3
£325K02/230.44 miElder Cottage, Foxcroft Meadows, Maltby, Rotherham, South Yorkshire S66 8NF3
£72K12/200.44 mi65, Victoria Street, Maltby, Rotherham, South Yorkshire S66 7JE3
£62K12/200.44 mi91, Victoria Street, Maltby, Rotherham, South Yorkshire S66 7JE3
£181K07/230.47 mi20, Buckingham Way, Maltby, Rotherham, South Yorkshire S66 7EA3
£148K01/210.47 mi20, Buckingham Way, Maltby, Rotherham, South Yorkshire S66 7EA3
£137.5K10/200.47 mi5, School Walk, Maltby, Rotherham, South Yorkshire S66 7EJ3
£120K03/210.47 mi72, Devonshire Road, Maltby, Rotherham, South Yorkshire S66 7DQ3
£195K04/230.54 mi20, Packwood Close, Maltby, Rotherham, South Yorkshire S66 7EF3
£145K02/210.54 mi24, Packwood Close, Maltby, Rotherham, South Yorkshire S66 7EF3
£115K03/210.56 mi49, Autumn Drive, Maltby, Rotherham, South Yorkshire S66 7DZ3
£175K06/210.56 mi6, Autumn Drive, Maltby, Rotherham, South Yorkshire S66 7DZ3
£128K08/210.56 mi21, Blyth Road, Maltby, Rotherham, South Yorkshire S66 8HX3

Local Rents

21 rents from £625/mo to £1.1K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£62511/230.02 mi-3
£65012/240.02 miHoward Road, Maltby, ROTHERHAM3
£73512/240.06 miFarquhar Road, Maltby, Rotherham3
£1,10008/240.22 mi-3
£67512/230.23 mi-3
£65004/250.23 mi-3
£85012/240.23 mi-3
£75001/250.23 mi-3
£85012/240.23 miKing Avenue, Maltby, Rotherham, S663
£82508/240.27 miScarbrough Crescent, Maltby, S66.3
£73512/240.29 miScholfield Crescent, Maltby, Rotherham3
£72508/240.3 miBurns Road, Maltby, ROTHERHAM3
£75001/250.33 mi-3
£77503/250.34 mi-3
£1,15012/240.35 miJuniper Road, Maltby, Rotherham3
£80012/240.37 miHayhurst Crescent, Maltby, Rotherham3
£80004/250.44 mi-3
£77512/240.44 miVictoria Street, Maltby3
£77504/250.45 mi-3
£72508/240.45 miVictoria Street, Maltby3
£94512/240.53 miHigh Street, Rotherham, South Yorkshire, S663

Local Area Statistics

Population in S66

45,855

Population in Rotherham

212,593

Town centre distance

4.27 miles away

Nearest school

0.10 miles away

Nearest train station

4.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £75,000

February 10, 2025

Description

  • EPC-E +
  • EXCELLENT INVESTMENT PROPERTY +
  • THREE BEDROOM MID TERRACE +
  • CLOSE TO M1 AND M18 MOTORWAY LINKS +
  • CURRENTLY TENANTED, BUT SOLD VACANT +
  • SOLD BY MODERN METHOD OF AUCTION +
  • VIRTUAL VIEWING AVAILABLE IF PREFERRED +
  • GREAT RENTAL YIELDS +

SOLD BY MODERN METHOD OF AUCTION ONLY

ATTENTION INVESTORS - this property would be the perfect addition to your portfolio OR starter property as a first time landlord!!

Guide £75,000

Sold via MODERN METHOD OF AUCTION ONLY (check T's & C's at the bottom of the description for further information) this three bedroom mid-terrace property in MALTBY makes for an excellent home for small families and couples alike.
Located within a high rental demand area, this property boasts excellent yields.

**Porch
**Enter the property via front facing porch, leading directly into downstairs living accommodation.

**Living Room
**A front facing and generously sized living space, large enough for a two/three piece suite and other living room furnishings.

**Diner/Reception Room Two
**Flowing through from the main living area via archway, ample space for a dining table or further sofas/chairs. Also having feature electric fireplace.

**Kitchen
**Fitted kitchen with a range of wall and base units making for a comfortable amount of kitchen storage. With induction hob/cooker, stainless steel sink. Space/plumbing for washing machine and free standing fridge/freezer can be found adjacent to the kitchen area in a small but efficient utility space.

**First Floor Landing
**Providing access to three bedrooms and loft space.

**Bedroom One
**Front facing and letting in plenty of natural light, good size bedroom large enough for a double or king size bed.

**Bedroom Two
**Excellent size room big enough for a double/king size bed and other bedroom furnishings, rear facing.

**Bedroom Three
**A larger than average third bedroom, rear facing, boasting enough room for a double bed amongst wardrobes/desk etc. Would also make good use for an office space or nusery.

**Bathroom
**Located downstairs and briefly comprising of bath with mains shower over, low level W/C and wash basin.

**Outside
**To the rear of the property is an enclosed yard which is accessible via utility space which is adjacent to the kitchen and downstairs bathroom. To the front of the property, on-street parking is plentiful.

Useful Information
EPC Rating (E)
Council Tax Band (A) with Rotherham Metropolitan Borough Council

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation
Fee.This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT.

The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable
consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.

A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Agent Details

Haus Sales & Lettings, Leeds

0113 519 3972

Next Steps?

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