3 Bed Terraced House, Refurb/BRRR, Huddersfield, HD3 3JL, £110,000

53 Thorncliffe Street, Huddersfield - 3 views - 24 days ago

Leasehold
Refurb/BRRR
ROI: 9%
49 m²
+3 photos

ValuationFair Value

Sold Prices£120K - £337K
Sold Prices/m²£1.6K/m² - £3.4K/m²

 

 

Square Metres

49 m²
Price/m²£2.2K/m²

Value Estimate

£108,889

 

 

End Value (After Refurb)

£114,211

Uplift in Value

+4%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Refurb Costs

£20,774

Bridging Loan Interest

£2,888

Total Cash In

£59,612

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£114,211

Mortgage (After Refinance)

£85,658

Mortgage LTV

75%

Cash Released

£3,158

Cash Left In

£56,454

Equity

£28,553

Rent Range

£750 - £1,200

Rent Estimate

£1,006

Running Costs/mo

£578

Cashflow/mo

£428

Cashflow/yr

£5,135

ROI

9%

Gross Yield

11%

Local Sold Prices

50 sold prices from £120K to £337K, average is £215K. £1.6K/m² to £3.4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£262K06/230.11 mi92, West Street, Huddersfield, West Yorkshire HD3 3JX3
£197.5K12/200.14 mi57, Blackthorn Drive, Huddersfield, West Yorkshire HD3 3RR3
£230K12/220.14 mi1, The Coppice, Lindley, Huddersfield, West Yorkshire HD3 3RQ3
£210K11/200.17 mi4, Birchwood Close, Huddersfield, West Yorkshire HD3 3GZ3
£218K06/210.17 mi15, Birchwood Close, Huddersfield, West Yorkshire HD3 3GZ3
£335K08/210.2 mi4, Farnlee, Lindley, Huddersfield, West Yorkshire HD3 3WL3
£175K12/200.21 mi79, Holly Bank Road, Huddersfield, West Yorkshire HD3 3LX3
£185K02/210.22 mi14, Sandmoor Drive, Huddersfield, West Yorkshire HD3 3WF3
£195K03/210.22 mi42, Mendip Avenue, Huddersfield, West Yorkshire HD3 3QG3
£220.5K06/210.25 mi99, Briarlyn Road, Huddersfield, West Yorkshire HD3 3NW3
£220K04/210.25 mi63, Briarlyn Road, Huddersfield, West Yorkshire HD3 3NW3
£250K06/230.26 mi43, Briarlyn Road, Huddersfield, West Yorkshire HD3 3NL3
£265K07/210.27 mi31, Keswick Avenue, Huddersfield, West Yorkshire HD3 3HH3
£315K02/230.27 mi2, Plover Road, Huddersfield, West Yorkshire HD3 3HX3
£205K04/230.27 mi92, Weatherhill Road, Huddersfield, West Yorkshire HD3 3LD3
£337K11/210.28 mi62, Brecon Avenue, Lindley, Huddersfield, West Yorkshire HD3 3QF3
£210K03/210.29 mi32, Stanley Road, Lindley, Huddersfield, West Yorkshire HD3 3LU3
£120K01/210.32 mi73, College Avenue, Lindley, Huddersfield, West Yorkshire HD3 3PH3
£215K05/210.33 mi42, Lea Street, Lindley, Huddersfield, West Yorkshire HD3 3LS3
£145K02/210.33 mi49, Burn Road, Huddersfield, West Yorkshire HD3 3BT3
£245K01/230.33 mi9, Oakdale Crescent, Huddersfield, West Yorkshire HD3 3WE3
£247.5K01/210.34 mi18, Low Hills Lane, Huddersfield, West Yorkshire HD3 3PE3
£206.2K02/210.34 mi25, Chiltern Avenue, Huddersfield, West Yorkshire HD3 3PF3
£210K04/210.35 mi81, Kirkwood Drive, Huddersfield, West Yorkshire HD3 3WJ3
£230K09/210.35 mi3, Oakdale Crescent, Huddersfield, West Yorkshire HD3 3WE3
£270K12/220.36 mi68, Low Hills Lane, Huddersfield, West Yorkshire HD3 3PE3
£204K11/200.38 mi89, Crosland Road, Oakes, Huddersfield, West Yorkshire HD3 3PG3
£254K11/220.39 mi93, Crosland Road, Oakes, Huddersfield, West Yorkshire HD3 3PG3
£227K05/230.39 mi24, Yew Tree Road, Huddersfield, West Yorkshire HD3 3QT3
£225K11/200.39 mi41, Yew Tree Road, Huddersfield, West Yorkshire HD3 3QT3
£231K04/230.39 mi53, Yew Tree Road, Huddersfield, West Yorkshire HD3 3QT3
£175K11/200.41 mi50, Goldington Drive, Huddersfield, West Yorkshire HD3 3PS3
£235K07/210.41 mi90, Yew Tree Road, Huddersfield, West Yorkshire HD3 3QR3
£200K02/210.42 mi102, Cowrakes Road, Huddersfield, West Yorkshire HD3 3ST3
£215K11/220.42 mi69, Cowrakes Road, Huddersfield, West Yorkshire HD3 3SS3
£253K03/230.42 mi102, Cowrakes Road, Huddersfield, West Yorkshire HD3 3ST3
£165K01/230.44 mi33, Lindley Avenue, Huddersfield, West Yorkshire HD3 3QU3
£150K03/210.44 mi101, Plover Road, Huddersfield, West Yorkshire HD3 3PJ3
£190K06/210.46 mi51, Burniston Drive, Huddersfield, West Yorkshire HD3 3PR3
£280K11/210.46 mi1, Border Close, Huddersfield, West Yorkshire HD3 3GR3
£151.5K06/230.48 mi129, Wellington Street, Huddersfield, West Yorkshire HD3 3EP3
£235K02/230.49 mi149, Goldington Avenue, Huddersfield, West Yorkshire HD3 3QD3
£280K11/210.49 mi18, Goldington Avenue, Huddersfield, West Yorkshire HD3 3PX3
£166.1K11/200.49 mi42, Goldington Avenue, Huddersfield, West Yorkshire HD3 3PX3
£220K12/200.49 mi154, Crosland Road, Oakes, Huddersfield, West Yorkshire HD3 3SU3
£170K03/210.5 mi90, Goldington Avenue, Huddersfield, West Yorkshire HD3 3QA3
£128K12/200.51 mi74, Ainley Road, Huddersfield, West Yorkshire HD3 3QX3
£203K01/210.53 mi6, Wynmore Drive, Huddersfield, West Yorkshire HD3 3QB3
£175K05/210.53 mi4, Wynmore Drive, Huddersfield, West Yorkshire HD3 3QB3
£177.5K04/210.53 mi127, New Hey Road, Huddersfield, West Yorkshire HD3 4FL3

Local Rents

10 rents from £750/mo to £1.2K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£75012/230.05 mi-3
£99504/240.23 miBaton Drive, Lindley, Huddersfield, HD33
£95002/250.32 mi-3
£1,20012/240.38 mi-3
£1,10004/240.41 mi-3
£1,07512/240.43 mi-3
£90001/250.45 mi-3
£99511/230.49 mi-3
£99510/230.49 mi-3
£1,09501/250.49 mi-3

Local Area Statistics

Population in HD3

29,493

Population in Huddersfield

200,145

Town centre distance

1.80 miles away

Nearest school

0.10 miles away

Nearest train station

1.88 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £110,000

March 15, 2025

Floor Plans

Description

  • Spacious three storey, three bed double fronted terrace +
  • Within walking distance of shops & Lindley school +
  • Short drive of J24 M62 +
  • Excellent renovation project +

Best and Final Offers to be received by Midday Friday 11th of April Available with vacant possession, a spacious and well proportioned double fronted, front facing terraced house with accommodation arranged over three floors. The property is situated within walking distance of Lindley’s varied amenities including shops, restaurants and bars together with Junior and infant school and just a short drive from J24 of the M62. The accommodation is served by a gas central heating system, pvcu double glazing but will require a general program of modernisation and updating. Briefly comprising to the ground floor entrance lobby, living room, side entrance lobby and bathroom. Basement with dining kitchen and vaulted keeping cellar. First floor landing leading to three bedrooms. Entrance Lobby With a pvcu double glazed and frosted door with frosted pvcu double glazed window over, ceiling light point, central heating radiator and Parquet floor with steps rising to the first floor. To one side a door opens into the living room. Living Room (4.01m x 4.8m) A well proportioned reception room which has a pvcu double glazed window, ceiling light point, ceiling coving, two wall light points, central heating radiator, chimney breast with inset coal effect gas fire and artificial stone fireplace, extending to either side of the chimney breast with display niches. From the living room a door gives access to an inner lobby with ceiling light point and steps leading down to the lower ground floor kitchen and a further door opening into a side lobby. Side Lobby (1.65m x 2.59m) This has a pvcu door giving access to the passage way, ceiling light point and fitted cupboards, one of which houses the hot water cylinder. From here a door opens into the bathroom. Bathroom (1.65m x 2.26m) With a frosted pvcu double glazed window, ceiling light point, tiled walls, central heating radiator and fitted with a suite comprising panelled bath, pedestal wash basin and low flush WC. Lower Ground Floor Lobby with a pvcu door giving access to a part covered area with steps rising to Thorncliffe Street. There is a ceiling light point, central heating radiator, gas and electric meters. To one side a door gives access to a store. Store (1.14m x 1.65m) Dining Kitchen This has a large pvcu double glazed window, central heating radiator, beamed ceiling with two ceiling light points, tiled floor, central heating radiator and to the right hand side of the chimney breast there is a fitted sink with tiled splash back and cupboards beneath, whilst to the rear elevation there is a fitted dresser unit with base and wall cupboards, drawers, leaded and glazed display cupboards and worktop. From the kitchen a door gives access to a vaulted cellar. Cellar (2.06m x 4.62m) With stone table and wall light. First Floor Landing With ceiling light point. From the landing access can be gained to the following..- Bedroom One (3.25m x 4.88m) With pvcu double glazed window, central heating radiator, ceiling light point, laminate flooring and chimney breast. Bedroom Two (2.74m x 4.88m) Another good sized room which has pvcu double glazed window, ceiling light point, loft access, central heating radiator and laminate flooring. Bedroom Three (1.96m x 2.79m) With a pvcu double glazed window, ceiling light point, central heating radiator, laminate flooring and with cupboard over the Bulk head Housing a Baxi wall mounted gas fired central heating boiler. Garden The property has on street parking. There is also a small flagged area for bin storage and steps leading to the lower ground floor.

Agent Details

Simon Blyth, Huddersfield

01484 627597

Next Steps?

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