2-bedroom terraced house · S71 5AB
Sold STCListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £95,000 For sale by unconditional online auction starting on 4th March at 10:00 and ending on 4th March at 10:30 For Sale by online Auction, this two-bedroom terrace, which currently generates £700pcm.
Bidding opens Wednesday 4th March at 10:00am.
Two-bedroom mid-terrace property located in the popular residential area of Stairfoot, Barnsley, offered for sale by auction with the benefit of a long-standing sitting tenant in situ since 2021.
The property currently generates £700 PCM, with the vendor confirming that the tenants are not in rent arrears and have never been in arrears, making this an attractive, low-maintenance investment opportunity.
Further benefits include a single allocated car parking space to the front of the property, an EICR valid until 2031, and a Gas Safety Certificate valid until October 2026.
An ideal buy-to-let investment offering immediate income from day one.
Tenure: Freehold EPC Rating: C (71) Council Tax: Barnsley Metropolitan Borough Council Band: A (£1,417.85) Disclaimer 1: This property is owned by a Limited company, which a OLAPA Ltd employee is the director of.
Disclaimer 2: Photos in the advert are from before the tenants moved in, these where taken in 7/10/2021.
Disclaimer 3: The particulars and information relating to this property have been prepared by OLAPA Ltd in good faith and are provided for general guidance only.
While every effort has been made to ensure that the details are accurate and reliable, OLAPA Ltd makes no warranty, representation, or guarantee as to their accuracy, completeness, or suitability for any purpose.
All measurements, descriptions, plans, photographs, and other information are believed to be correct but are not guaranteed and should not be relied upon as statements or representations of fact.
Any plans, images, or illustrations are for identification and illustrative purposes only.
Prospective purchasers and bidders are strongly advised to carry out their own independent inspections, investigations, and due diligence, including obtaining professional advice where appropriate, prior to bidding or entering into any purchase agreement.
OLAPA Ltd acts solely as auctioneer and accepts no liability for any errors, omissions, or inaccuracies contained in the property particulars, or for any loss or damage arising from reliance upon them.
No employee or representative of OLAPA Ltd has authority to make or give any representation or warranty in relation to the property.
Participation in the auction and any subsequent purchase is undertaken entirely at the bidder's own risk. UNCONDITIONAL LOT - The Purchaser shall pay a 10% deposit and the 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.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisors 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 3 Bank Street, Stairfoot, Barnsley, South Yorkshire, S71 5AB
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