3 Bed Semi-Detached House, Refurb/BRRR, Barnsley, S74 8AL, £59,000

75 Strafford Avenue, Elsecar, Barnsley, South Yorkshire, S74 8AL - 3 views - 11 days ago

Auction
Refurb/BRRR
ROI: 2%
85 m²
+8 photos

ValuationFair Value

Sold Prices£54K - £347.5K
Sold Prices/m²£701/m² - £2.8K/m²

 

 

Square Metres

85 m²
Price/m²£694/m²

Value Estimate

£60,180

 

 

End Value (After Refurb)

£160,313

Uplift in Value

+172%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£14,750

Stamp Duty & Legal Fees

£4,150

Refurb Costs

£34,366

Bridging Loan Interest

£1,549

Total Cash In

£56,564

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£160,313

Agent Fees (1%)

£1,603

Bridging Loan

£44,250

Bridging Loan Interest

£1,549

Flip Profit

£57,895

Local Sold Prices

50 sold prices from £54K to £347.5K, average is £140.3K. £701/m² to £2.8K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£112K06/230.02 mi65, Strafford Avenue, Elsecar, Barnsley, South Yorkshire S74 8AQ3
£157.5K08/230.06 mi119, Strafford Avenue, Elsecar, Barnsley, South Yorkshire S74 8AL3
£101K04/230.06 mi88, Strafford Avenue, Elsecar, Barnsley, South Yorkshire S74 8AL3
£125K10/200.08 mi42, Strafford Avenue, Elsecar, Barnsley, South Yorkshire S74 8AD3
£175K12/220.08 mi5, Cobcar Avenue, Elsecar, Barnsley, South Yorkshire S74 8AH3
£115K08/210.08 mi25, Cobcar Avenue, Elsecar, Barnsley, South Yorkshire S74 8AH3
£61K04/230.09 mi26, Welland Crescent, Elsecar, Barnsley, South Yorkshire S74 8AG3
£60K05/210.09 mi55, Welland Crescent, Elsecar, Barnsley, South Yorkshire S74 8AG3
£54K05/210.1 mi97, Welland Crescent, Elsecar, Barnsley, South Yorkshire S74 8AE3
£78K08/230.1 mi119, Welland Crescent, Elsecar, Barnsley, South Yorkshire S74 8AE3
£87K11/220.1 mi85, Welland Crescent, Elsecar, Barnsley, South Yorkshire S74 8AE3
£64.4K12/200.11 mi71, Welland Crescent, Elsecar, Barnsley, South Yorkshire S74 8AE3
£130K12/220.13 mi10, Welland Gardens, Elsecar, Barnsley, South Yorkshire S74 8BG3
£188K10/220.13 mi54, Cobcar Lane, Elsecar, Barnsley, South Yorkshire S74 8AP3
£110K11/210.14 mi8, Welland Gardens, Elsecar, Barnsley, South Yorkshire S74 8BG3
£203K06/230.15 mi25, Cortworth Place, Elsecar, Barnsley, South Yorkshire S74 8HX3
£152K08/210.17 mi1, Saxton Close, Elsecar, Barnsley, South Yorkshire S74 8BA3
£180K02/230.21 mi50, Wilkinson Road, Elsecar, Barnsley, South Yorkshire S74 8JS3
£175K06/210.24 mi11, Wilkinson Road, Elsecar, Barnsley, South Yorkshire S74 8JS3
£169.9K10/200.24 mi35, Wilkinson Road, Elsecar, Barnsley, South Yorkshire S74 8JS3
£145K12/200.24 mi27, Wilkinson Road, Elsecar, Barnsley, South Yorkshire S74 8JS3
£140K10/200.26 mi20, Wood View, Elsecar, Barnsley, South Yorkshire S74 8JB3
£230K07/210.26 mi34, Wood View, Elsecar, Barnsley, South Yorkshire S74 8JB3
£217.5K11/220.27 mi115, Church Street, Elsecar, Barnsley, South Yorkshire S74 8HS3
£202.5K07/230.28 mi130, Church Street, Elsecar, Barnsley, South Yorkshire S74 8HS3
£175K09/230.32 mi17, Tomlinson Road, Elsecar, Barnsley, South Yorkshire S74 8DH3
£130K11/200.34 mi126, Allott Crescent, Jump, Barnsley, South Yorkshire S74 0LD3
£232K10/220.36 mi6, Ellavale Road, Elsecar, Barnsley, South Yorkshire S74 8DZ3
£210K10/220.4 mi136b, Cemetery Road, Hemingfield, Barnsley, South Yorkshire S73 0QN3
£140K12/200.42 mi55, Wentworth Road, Jump, Barnsley, South Yorkshire S74 0JX3
£136K03/210.43 mi9, Fitzwilliam Street, Hemingfield, Barnsley, South Yorkshire S73 0QF3
£347.5K01/210.43 mi118, Cemetery Road, Hemingfield, Barnsley, South Yorkshire S73 0QH3
£240K05/230.45 mi5a, Hallsworth Avenue, Hemingfield, Barnsley, South Yorkshire S73 0QL3
£181K07/230.47 mi6, The Croft, Elsecar, Barnsley, South Yorkshire S74 8ED3
£235K09/210.47 mi4, Wentworth Road, Jump, Barnsley, South Yorkshire S74 0JZ3
£140.5K07/230.47 mi16, Wentworth Road, Jump, Barnsley, South Yorkshire S74 0JY3
£113K10/200.47 mi32, Wentworth Road, Jump, Barnsley, South Yorkshire S74 0JY3
£135K07/210.47 mi5, Birchin Bank, Elsecar, Barnsley, South Yorkshire S74 8DP3
£76K04/210.5 mi13, Church Street, Jump, Barnsley, South Yorkshire S74 0HZ3
£135K08/230.5 mi28, Noble Street, Hoyland, Barnsley, South Yorkshire S74 9LP3
£152.5K03/230.51 mi37, Hart Hills, Hemingfield, Barnsley, South Yorkshire S73 0QX3
£160K04/210.51 mi25, Harthills, Hemingfield, Barnsley, South Yorkshire S73 0QX3
£108K10/210.52 mi124, King Street, Hoyland, Barnsley, South Yorkshire S74 9LL3
£95K09/210.52 mi10, Gill Street, Hoyland, Barnsley, South Yorkshire S74 9LR3
£165K03/230.52 mi49, Gill Street, Hoyland, Barnsley, South Yorkshire S74 9LR3
£155K12/210.54 mi2, Church House Mews, Jump, Barnsley, South Yorkshire S74 0FH3
£145K01/210.54 mi3, Church House Mews, Jump, Barnsley, South Yorkshire S74 0FH3
£128K09/220.56 mi6, Ellin Close, Jump, Barnsley, South Yorkshire S74 0QH3
£128.5K03/210.56 mi25, Eaden Crescent, Hoyland, Barnsley, South Yorkshire S74 9RH3
£125K12/200.57 miFair View, Church Street, Jump, Barnsley, South Yorkshire S74 0HX3

Local Rents

13 rents from £600/mo to £1.1K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£70008/240.15 mi-3
£65012/240.2 miWath Road, Elsecar, Barnsley S743
£72512/240.41 miCemetery Road, Jump, Barnsley3
£87502/250.49 mi-3
£72508/240.51 mi-3
£72508/240.51 mi-3
£85011/240.55 mi-3
£60003/250.56 mi-3
£69511/230.69 miSchool Street, Hemingfield, Barnsley, S73 0PS3
£67503/250.74 mi-3
£85008/240.74 miTingle Bridge Lane, Hemingfield, S733
£1,09501/250.89 mi-3
£80008/241.2 miShaftesbury Drive, Hoyland3

Local Area Statistics

Population in S74

17,839

Population in Barnsley

197,410

Town centre distance

3.96 miles away

Nearest school

0.30 miles away

Nearest train station

0.38 miles away

 

 

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £59,000

March 24, 2025

Description

**Guide Price: £59,000

For sale by unconditional online auction starting on 24th April at 10:00 and ending on 24th April at 12:00**

For Sale by online Auction, Is this three-bedroom property in Elsecar, Barnsley offers huge potential for renovation. Ideal for investors or those looking for a project, the property is in need of full refurbishment but comes with some great features. Bidding opens Thursday 24th April 2025 at 10: 00am

For Sale by online Auction, Is this three-bedroom property in Elsecar, Barnsley offers huge potential for renovation. Ideal for investors or those looking for a project, the property is in need of full refurbishment but comes with some great features. Bidding opens Thursday 24th April 2025 at 10: 00am

Key Features:
Three Spacious Bedrooms
Large Rear Garden
Front Garden with Driveway Potential
Downstairs WC
Modern Combi Boiler
Lots of Storage

Located in the popular village of Elsecar, you're just a short distance from the Elsecar Heritage Centre and Elsecar Park. Local transport links and easy access to the M1 motorway make it ideal for commuters.

PLEASE NOTE: This property is sold as seen and needs clearing. It requires full refurbishment.

Tenure:
Freehold

EPC Rating: D (68)

Council Tax:
Barnsley Metropolitan Borough Council
Band: A (£1489.00)

Viewings
75 Stafford Avenue, Elsecar, Barnsley, S74 8AL . Please note the following dates and times are for a 30-minute block viewing,
Tuesday 1st April 2024 12:00-12:30
Tuesday 15th April 2024 12:00-12:30
Tuesday 22nd April 2024 12:00-12:30

For online viewings
Please view the walk around video filmed on 21/03/2025.

UNCONDITIONAL LOT
Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit and a 5%+VAT (subject to a minimum of £5,500+VAT) buyer's premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

PRE AUCTION OFFERS ARE CONSIDERED
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

SPECIAL CONDITIONS
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

OLAPA, Barnsley

03330 386492

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪