17 Princess Street, Barnsley, South Yorkshire, S70 1PG

Description

An excellent opportunity for investors, developers and builders to acquire this spacious three-bedroom terraced property, conveniently situated on Princess Street, within easy reach of Barnsley town centre and its wide range of local amenities, shops, schools and transport links. The property requires a programme of refurbishment and modernisation throughout. No internal viewings are available because the property has been secured and boarded up.

Accommodation

Approximately 844 sq. ft. (78.4 sq. m.) arranged over two floors. Ground floor: lounge, separate dining room, kitchen and bathroom, with access to a cellar. First floor: three bedrooms and a landing with storage cupboard. Externally, an enclosed rear garden with a paved area.

Location

Situated on Princess Street, within easy reach of Barnsley town centre and its local amenities, shops, schools and transport links.

Tenure / Property Information

Investment Analysis

The five completed sales are same-street freehold terraced comparables ranging from £54,000 to £90,000. The two most recent sales were £77,500 and £90,000, but no comparable sizes, internal conditions or specifications are provided. A cautious evidence-based scenario range is £60,000–£90,000, with £77,500 used as the base GDV. This remains uncertain because the subject property is boarded and cannot be internally inspected.

Investment Snapshot

Strategy Recommendation

Treat as a refurbishment-led resale opportunity only after securing internal access, a survey and contractor quotation. Do not bid on the current evidence alone; no supported maximum bid can be calculated.

Works Required

A full refurbishment and modernisation programme is stated as required. The likely scope cannot be specified reliably because no internal viewing is available; condition of the kitchen, bathroom, services, cellar, structure and finishes is unknown. Obtain access and a detailed survey before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably without an internal inspection, refurbishment budget and supported rent. At the £77,500 base GDV, 75% refinancing is approximately £58,125, but total project cost and cash left in cannot be calculated because works and other acquisition costs are unknown.

Buy-to-Let Analysis

No sufficiently specific rental evidence or auctioneer rent estimate is supplied, so rent, yield and BTL cash flow cannot be established. The £3,600 administration charge is known, while buyer premium and other possible special-condition costs are unspecified.

Flip Analysis

Same-street completed sales support a broad £60,000–£90,000 value range, with £77,500 as a cautious base case. Flip surplus cannot be calculated because refurbishment costs, buyer premium, possible special-condition costs and selling costs are not quantified. The lack of internal access makes downside risk material.

Investor Risks & Due Diligence

• No internal viewing is available because the property is secured and boarded up.

• The extent and cost of refurbishment and modernisation are unknown.

• The cellar, services, structure, kitchen, bathroom and finishes cannot be assessed from the supplied evidence.

• Buyer premium, search fees, seller cost reimbursement, legal fees, transfer fees and other disbursements may be payable but are not quantified.

• GDV is uncertain because the comparable property sizes, conditions and specifications are not supplied.

• No sufficiently specific rental evidence is available, preventing a reliable BTL or BRRR rent assessment.

Recommendation

Treat as a refurbishment-led resale opportunity only after securing internal access, a survey and contractor quotation. Do not bid on the current evidence alone; no supported maximum bid can be calculated.

Strategy Rating

Analysis Confidence

There are five relevant completed same-street sales and a known administration charge, but the subject cannot be internally viewed, refurbishment costs and rental evidence are absent, and buyer and other auction costs are unspecified.