We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · S73 8GJ
Listing removedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market is this well-presented two double bedroom townhouse, ideally situated on a modern development.
This property is available under the 80% Discounted Market Sale (DMS) scheme, allowing eligible purchasers to buy at 80% of the open market value, making it an ideal opportunity for first-time buyers looking for an affordable step onto the property ladder.
Although the property is purchased at a discounted price, the buyer fully owns the property.
The 20% discount acts as a price cap and is retained in perpetuity, meaning the home must be resold in the future at 80% of its open market value to keep it affordable for future buyers.
Ground Floor - Entrance Hall - A welcoming entrance hall featuring a composite front door, a radiator, and generous built-in storage.
Kitchen - Fitted with a range of wall and base units, complemented by worktop surfaces incorporating a sink unit with mixer tap and tiled splashbacks.
Integrated appliances include an oven, hob, and extractor hood, with space provided for a fridge freezer and plumbing for a washing machine.
Lounge/Diner - A spacious reception room featuring French-style doors with side panel windows that allow ample natural light.
The room offers space for a dining table, includes stairs rising to the first-floor landing with built-in storage beneath, a TV aerial point, and a radiator. Downstairs Wc - WC and wash hand basin.
First Floor - Bedroom One - A spacious double bedroom featuring a double glazed window and a radiator.
Bedroom Two - A further double bedroom, also benefiting from a double glazed window and a radiator. Built in Storage.
Bathroom - Fitted with a three-piece suite comprising a bath with shower over, WC, and wash hand basin, along with a radiator.
Outside - A south-facing rear garden, mainly laid to lawn, with a patio seating area and a garden shed. To the front, there is a driveway providing off-road parking for two vehicles.
*Criteria and restrictions apply Purchasers must be First time buyers and Under the age of 40 years old An income cap for each applicant is set at the National Average Wage, although this is combined for a couple and can be shared between them.
The average wage for a full-time employee in the UK is estimated at £37,500.00 Priority for three-bedroom properties given to families with a child/ children (not applicable to 16 Mitchell’s Main Close which is a 2-bedroom house) .
The property must be the purchaser’s only home. It cannot be rented out.
This is to ensure that it remains an "Affordable Home" and cannot be used as a "buy to let" investment Purchasers must show a local connection to Barnsley or South Yorkshire
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Mitchelles Main Close, Wombwell, Barnsley
Explore nearby