26 High Street, Shafton, Barnsley, South Yorkshire

Description

Vacant freehold mid terrace house with reception room, dining room, kitchen, three bedrooms, bathroom and rear garden/yard. GIA approximately 99.27 sq m (1,069 sq ft).

Accommodation

Ground floor: reception room, dining room, kitchen. First floor: three bedrooms, bathroom. Rear garden/yard. GIA approximately 99.27 sq m (1,069 sq ft).

Location

Conveniently situated close to local amenities, schools and transport links. Situated in the heart of Brierley, within easy reach of local shops, supermarkets, schools, parks and leisure facilities. Excellent transport links provide access to Barnsley, Wakefield, Doncaster and the wider South Yorkshire region via nearby road networks.

Tenure / Property Information

Investment Analysis

The supplied sold evidence comprises nearby same-street freehold terraces ranging from £115,000 to £152,500 in the more recent transactions, with an older £165,000 sale for the same address. Differences in size, condition and specification are not provided, so a cautious base GDV of £135,000 is used, with £115,000 low and £152,500 high scenarios. The £90,000 guide represents a substantial apparent discount to the evidence, but condition, fees and auction special conditions remain unverified.

Investment Snapshot

Strategy Recommendation

Investigate as a potentially attractive BTL or BRRR purchase only after viewing, survey, rent confirmation and review of the auction special conditions. Do not bid on the guide alone; establish a fully costed maximum bid first.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a viewing and survey, then budget only for verified works, statutory compliance and general presentation requirements. Auction special conditions and additional charges also require review.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £135,000 base GDV, 75% refinance is estimated at £101,250. This exceeds the £90,000 guide before works, finance, taxes and other charges, but the amount of cash potentially released cannot be calculated because refurbishment costs and buyer or seller charges are not supplied. Valuation, mortgageability and rental coverage remain unconfirmed.

Buy-to-Let Analysis

The supplied £875 pcm figure is an advertised asking rent rather than achieved rent and is not clearly property-specific. At the £90,000 guide, this indicates approximately 11.67% gross yield before works, finance, voids, management, maintenance, tax and unknown auction charges. The result requires local letting-agent confirmation and condition inspection.

Flip Analysis

Using the £90,000 guide and £135,000 base GDV suggests a £45,000 gross spread before refurbishment, finance, acquisition costs, selling costs and tax. A reliable flip surplus or maximum bid cannot be calculated because no condition, works allowance, fees or selling allowance are evidenced.

Investor Risks & Due Diligence

• Condition and required works are not evidenced despite the property being sold vacant.

• The rent figure is an advertised asking rent and may not be achieved.

• Buyer, administration, seller and other auction charges are unspecified.

• Comparable sales do not provide size, condition or specification details for direct adjustment.

• Finance, valuation, mortgageability, voids, maintenance and tax costs are excluded from the yield indication.

• The guide is not a guaranteed purchase price and may be exceeded at auction.

Recommendation

Investigate as a potentially attractive BTL or BRRR purchase only after viewing, survey, rent confirmation and review of the auction special conditions. Do not bid on the guide alone; establish a fully costed maximum bid first.

Strategy Rating

Analysis Confidence

There are several same-street sold comparables and one advertised rent, but no property-specific rental evidence, EPC, condition report, works budget, buyer/admin fees or special conditions.