39 Hatherley Road, Swinton, Mexborough, South Yorkshire

Description

A good size brick built semi detached house providing three bedroom accommodation, with a modern fitted kitchen/diner, gas heating from a combi boiler and a good size plot with private rear garden. The property is in need of cosmetic improvement throughout and represents an excellent opportunity for investors looking for a straight forward refurbishment project, as a first home/project or high yielding rental property, with an anticipated income of £12000 per year, with very limited availability of this kind of property.

Accommodation

Hallway; Lounge - 3.82 x 3.52; Dining Kitchen - 3.51 x 3.06; Store and WC; First Floor Landing; Bathroom - 1.84 x 1.83; Bedroom 1 - 3.03 x 3.54; Bedroom 2 - 3.14 x 3.10; Bedroom 3 - 1.95 x 2.45.

Location

The property is close to train stations, shops and services and good road links.

Tenure / Property Information

Investment Analysis

Recent same-road completed sales range from £97,000 to £135,000, including this property at £97,000 on 10 April 2026. The £110,000 base GDV is a cautious estimate within the recent evidence range, recognising that the property requires cosmetic improvement and the comparable properties' condition is not supplied. Low and high scenarios use the most relevant recent same-road evidence of £97,000 and £125,000.

Investment Snapshot

Strategy Recommendation

Potential refurbish-and-hold or resale opportunity, subject to inspection, verified refurbishment quotations and confirmation of all auction costs. Do not bid solely against the guide or the auctioneer's rent estimate.

Works Required

Cosmetic improvement throughout, with redecoration and general finish upgrades supported by the description. The modern fitted kitchen, gas combi heating and existing accommodation should be inspected rather than assumed to require replacement. A detailed schedule and refurbishment quotation are unavailable.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £38,000 guide plus the known £2,400 administration charge, the entry price appears low relative to the £97,000–£125,000 recent same-road evidence. A 75% refinance of the £110,000 base GDV is £82,500. However, refurbishment costs, buyer premium, legal/search/transfer costs and finance costs are unavailable, so cash required and cash left in cannot be reliably calculated.

Buy-to-Let Analysis

The auctioneer estimates income at £12,000 per year, equivalent to £1,000 pcm, while the supplied three-bedroom S64 asking-rent evidence is £675 pcm. On the £38,000 guide, these imply gross yields of approximately 31.58% and 21.32% respectively, before finance, tax, insurance, maintenance, voids and acquisition costs. The apparent yield is attractive, but the auctioneer figure is only an estimate and the buyer premium and other fees are unspecified.

Flip Analysis

The supplied evidence supports a potential value range of £97,000 to £125,000 after cosmetic improvement, but no refurbishment budget, buyer premium, full acquisition costs, finance costs or supported resale allowance is provided. A reliable flip surplus and maximum bid therefore cannot be calculated.

Investor Risks & Due Diligence

• Refurbishment is described only as cosmetic, with no quantified works schedule or quotation.

• Buyer premium amount is unspecified and further search, seller, legal, transfer and disbursement costs may apply.

• The £12,000 annual rent is an auctioneer estimate, not passing rent; the supplied £675 pcm figure is an advertised asking rent.

• Comparable property condition, specification and circumstances are not supplied.

• A reliable maximum bid, total project cost and flip surplus cannot be established from the available evidence.

Recommendation

Potential refurbish-and-hold or resale opportunity, subject to inspection, verified refurbishment quotations and confirmation of all auction costs. Do not bid solely against the guide or the auctioneer's rent estimate.

Strategy Rating

Analysis Confidence

There is useful same-road sold-price evidence, direct property sale evidence and rent evidence, but condition of comparables, actual refurbishment cost, buyer premium, other fees and achieved rent are unavailable.