29 King Street, Goldthorpe, Rotherham, South Yorkshire, S63 9LZ

Description

Situated on a popular street in Goldthorpe, this deceptively spacious three bedroom mid-terraced house presents an excellent opportunity for buyers and investors alike. The property has been newly renovated, including a new kitchen and bathroom, making it an appealing option for those looking for a property ready to move into or a buy-to-let investment to add to their portfolio.

Accommodation

Three bedroom mid-terraced house with a new kitchen and bathroom.

Location

Conveniently located close to local amenities, schools, transport links and nearby green spaces. Goldthorpe is described as an affordable location for buyers and investors in an established residential area.

Tenure / Property Information

Investment Analysis

Sold evidence ranges from £34,000 to £68,000. The subject property itself sold for £34,000 and £47,000 in 2025, while nearby King Street sales reached £63,000 and £68,000. Given the stated new kitchen, bathroom and overall renovation, a base GDV of £63,000 is a reasonable evidence-led estimate, with a wider £47,000–£68,000 scenario range. The conflicting subject-property sales reduce valuation certainty.

Investment Snapshot

Strategy Recommendation

Consider only as a cautious owner-occupier purchase or tightly controlled resale opportunity. Do not underwrite it as a BTL or BRRR project until rent, legal-pack costs and condition are verified.

Works Required

No defined refurbishment works are evidenced because the property is described as newly renovated with a new kitchen and bathroom. Verify workmanship, services, legal documentation and condition before bidding; any further works or maintenance allowance cannot be quantified from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £63,000 base GDV, 75% refinancing equates to approximately £47,250. The auction guide midpoint is £52,500, with a known £3,600 administration charge, but refurbishment costs and other disbursements are unknown. Cash left in and refinance profitability cannot therefore be reliably calculated.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Gross yield, cash flow and maximum purchase price therefore remain unsupported. The stated EPC C is positive, but does not establish rent or profitability.

Flip Analysis

The £47,000–£68,000 sold evidence range provides a possible resale framework, with £63,000 as the base GDV. At the £52,500 guide midpoint, the known administration charge is £3,600 before other fees, legal costs, selling costs and any works. A reliable flip surplus or bid limit cannot be calculated.

Investor Risks & Due Diligence

• Conflicting completed-sale evidence for the subject property, ranging from £34,000 to £47,000.

• No sufficiently specific rental evidence is available, so BTL yield and cash flow cannot be assessed.

• Additional search, seller, legal, transfer and other disbursement costs are unspecified.

• The stated renovation condition and workmanship require verification before exchange.

• Actual resale value may fall materially below the £63,000 base estimate, as indicated by the wider £47,000–£68,000 comparable range.

Recommendation

Consider only as a cautious owner-occupier purchase or tightly controlled resale opportunity. Do not underwrite it as a BTL or BRRR project until rent, legal-pack costs and condition are verified.

Strategy Rating

Analysis Confidence

There are several relevant completed sales and a stated renovation, but the subject has conflicting sale prices, no rental evidence, no detailed condition survey and unknown additional auction costs.