2 Bed Flat, Single Let, Rotherham, S60 2HG, £90,000

Ship Hill, Rotherham, South Yorkshire, S60 2HG - 2 views - 2 months ago

Leasehold
BTL
ROI: 6%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£42K - £210K
Sold Prices/m²£800/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£100,202
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£550 - £1,000

Rent Estimate

£554

Running Costs/mo

£412

Cashflow/mo

£142

Cashflow/yr

£1,703

ROI

6%

Gross Yield

7%

Local Sold Prices

37 sold prices from £42K to £210K, average is £87K. £800/m² to £3.1K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£80K09/220.53 mi5a, Welham Drive, Rotherham, South Yorkshire S60 2BN2
£130K10/210.59 mi2, Rotherstoke Close, Rotherham, South Yorkshire S60 2JU2
£122K07/230.59 mi7, Rotherstoke Close, Rotherham, South Yorkshire S60 2JU2
£135K07/230.59 mi1, Rotherstoke Close, Rotherham, South Yorkshire S60 2JU2
£140K01/230.59 mi5, Rotherstoke Close, Rotherham, South Yorkshire S60 2JU2
£75K06/230.68 mi63, Clifton Grove, Rotherham, South Yorkshire S65 2AZ2
£150K07/210.72 miFlat 3, Grove House, Moorgate Grove, Rotherham, South Yorkshire S60 2TT2
£80.5K10/220.78 mi4, Broom Chase, Rotherham, South Yorkshire S60 2SQ2
£80K11/210.78 mi2, Broom Chase, Rotherham, South Yorkshire S60 2SQ2
£62K03/220.87 mi81a, Cambridge Street, Rotherham, South Yorkshire S65 2SS2
£72.5K04/230.95 mi6, Bishopstoke Court, Rotherham, South Yorkshire S65 2BX2
£95K12/210.95 mi20, Broom Court, Rotherham, South Yorkshire S60 2SP2
£65K03/231.01 mi10, Copley Place, Rotherham, South Yorkshire S61 1TJ2
£139K04/211.08 mi22, Moorgate View, Rotherham, South Yorkshire S60 2UG2
£87K08/221.09 mi53, Leatham Avenue, Rotherham, South Yorkshire S61 1AD2
£42K07/221.1 mi82, Leatham Avenue, Rotherham, South Yorkshire S61 1AD2
£75K09/221.2 mi7, Mile Oak Road, Rotherham, South Yorkshire S60 3AW2
£100K11/221.38 mi54, Lane End View, Rotherham, South Yorkshire S60 3HH2
£110K01/231.38 mi21, Garden Close, Rotherham, South Yorkshire S60 3HL2
£110K12/221.38 mi10, Garden Close, Rotherham, South Yorkshire S60 3HL2
£120K03/231.38 mi18, Garden Close, Rotherham, South Yorkshire S60 3HL2
£95K03/211.38 mi18, Garden Close, Rotherham, South Yorkshire S60 3HL2
£110K12/221.39 mi6, Garden Close, Rotherham, South Yorkshire S60 3HL2
£60K02/221.61 mi46, Ash View, Rotherham, South Yorkshire S61 4NL2
£65K06/211.68 mi44, Lady Oak Way, Rotherham, South Yorkshire S65 3LA2
£68.5K12/221.68 mi46, Lady Oak Way, Rotherham, South Yorkshire S65 3LA2
£100K03/221.69 mi14, Durham Way, Parkgate, Rotherham, South Yorkshire S62 6FL2
£90K05/211.69 mi24, Durham Way, Parkgate, Rotherham, South Yorkshire S62 6FL2
£90K05/211.69 mi24, Durham Way, Parkgate, Rotherham, South Yorkshire S62 6FL2
£75K07/221.71 mi34, Lady Oak Way, Rotherham, South Yorkshire S65 3LA2
£75K03/221.71 mi42, Lady Oak Way, Rotherham, South Yorkshire S65 3LA2
£89K11/201.75 miApartment 38, Trafford Apartments, Richmond Way, Rotherham, South Yorkshire S61 2LJ2
£55K11/201.83 mi46, Birks Road, Rotherham, South Yorkshire S61 3JY2
£65K04/231.86 mi1, Sopewell Road, Rotherham, South Yorkshire S61 2JJ2
£210K02/211.94 mi48, Cotswold Crescent, Whiston, Rotherham, South Yorkshire S60 4AX2
£55K02/231.95 mi31, Binders Road, Rotherham, South Yorkshire S61 3LP2
£72.5K02/221.96 mi238, Wingfield Road, Rotherham, South Yorkshire S61 4AZ2

Local Rents

28 rents from £550/mo to £1K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£75002/240.07 mi-2
£75002/240.07 mi-2
£1,00001/250.11 mi-2
£82502/240.11 mi-2
£85002/240.11 mi-2
£72508/240.11 miMarket Street, ROTHERHAM2
£90008/240.12 miMillfold Rise, Rotherham2
£66008/240.13 miGrove Road, Rotherham, S60 2ER2
£90010/240.14 mi-2
£55008/240.17 mi-2
£59503/250.17 mi-2
£59503/250.17 mi-2
£69508/240.2 miHoward Street, Rotherham, South Yorkshire, S602
£58511/230.23 miMoorgate Road, Rotherham, South Yorkshire, S602
£69507/240.28 mi-2
£75008/240.32 miHartshaw, 35 Moorgate Road, S60 2AD2
£65008/240.43 miCanklow Road, Rotherham2
£85009/240.5 mi-2
£85008/240.5 miMoorgate Walk, Rotherham, S602
£72508/240.51 mi 2a Broom Road2
£85008/240.52 miRotherham, S60, Moorgate Walk, P44682
£55008/240.57 mi-2
£60001/250.57 mi-2
£87508/240.59 miBadsley Street, ROTHERHAM2
£65008/240.6 miSt. Johns Avenue, Rotherham, South Yorkshire, S602
£67508/240.6 miSt. Johns Avenue, ROTHERHAM, S60 1HZ2
£85008/240.61 miGordon Terrace, ROTHERHAM2
£62508/240.61 miMoorgate Avenue, Rotherham2

Local Area Statistics

Population in S60

37,979

Population in Rotherham

212,593

Town centre distance

2.69 miles away

Nearest school

0.60 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £90,000

February 27, 2025

Floor Plans

Description

  • Two bedrooms +
  • Great investment opportunity +
  • Close to local amenities +
  • Great commuter links +
  • Town Centre +

Investors, take note! This two-bedroom apartment in the heart of town is a prime opportunity you don’t want to miss.

Perfectly located in the bustling town centre, this property offers convenience, connectivity, and endless amenities right at your doorstep. Boasting a well-designed layout with two generously sized bedrooms, it’s an ideal space for tenants seeking urban living.

With a reliable tenant already in situ, this apartment provides instant rental income and hassle-free investment potential. Whether you’re expanding your portfolio or starting your property journey, this is a fantastic choice with immediate returns.

Act fast! Properties like this in such a sought-after location don’t stay on the market for long. Contact us today to arrange a viewing or for more details.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

ROT240544/2

Agent Details

Reeds Rains, Rotherham

01709 212419

Next Steps?

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