41, Milgate Street, Barnsley, South Yorkshire, S71 4QG

Description

Freehold three floor end of terrace house. Full vacant possession.

Accommodation

Second floor: One room. First Floor: Two rooms, bathroom/WC. Ground floor: reception room, kitchen. Outside: Rear garden.

Location

The property is located on Milgate Street. Royston provides village amenities with a further range of shops, bars and restaurants found in Barnsley Town Centre located to the south and in Leeds City Centre lying to the north. Public transport links are available at Darton Rail Station located to the west and at Barnsley Rail Station lying to the south west along with a network of local bus services serving the surrounding area. The property is served by road links including the A628 located to the south east and the M1 both lying to the west. Recreational pursuits are available at Rabbit Ings Country Park located to the east.

Tenure / Property Information

Investment Analysis

The subject property sold for £51,500 in January 2026. Other Milgate Street freehold terraced sales range from £81,000 to £105,000 during 2025–2026. A base GDV of £95,000 is an estimate using the nearby £95,000 sale, with £81,000–£105,000 as an evidence-supported range. The difference between the subject's prior sale and nearby sales indicates material uncertainty, likely requiring condition and layout verification.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection, confirmation of layout and bedroom count, EPC improvement requirements, heating and parking, and full Special Conditions review. Do not rely on the headline yield or bid without a quantified works budget.

Works Required

Inspect the vacant property and confirm its condition, layout and services. The EPC is rated F, so energy-efficiency improvement works may be required, but no specific defects or costs are evidenced. No refurbishment allowance is included because the supplied evidence does not quantify the works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £95,000 base GDV, 75% refinance is approximately £71,250. However, refurbishment costs, total project cost and finance costs are unsupported, so cash left in and refinance viability cannot be calculated. The EPC F rating, vacant possession and unknown condition require due diligence before relying on a BRRR strategy.

Buy-to-Let Analysis

The only rental evidence is an advertised £950 pcm for a generic three-bedroom house in Barnsley S71; the subject's bedroom count is not supplied and the listing is not confirmed to relate to this property. If applicable, annual rent would be £11,400, equating to approximately 42.2% gross yield on the £27,000 guide before fees, works, finance and other costs. A reliable net yield cannot be established.

Flip Analysis

The evidence indicates a possible gross value range of £81,000–£105,000, but refurbishment costs, acquisition costs beyond the £1,800 administration charge, seller fees and selling costs are not fully supplied. A defensible flip surplus and maximum bid therefore cannot be calculated.

Investor Risks & Due Diligence

• EPC rating F may require energy-efficiency works, but the scope and cost are unknown.

• The property's bedroom count is not supplied, while the rental evidence relates to an advertised generic three-bedroom house.

• The subject's prior £51,500 sale is materially below the £81,000–£105,000 nearby sales range, creating valuation and condition uncertainty.

• Heating and parking information is unavailable.

• The seller may charge additional completion fees under the Special Conditions of Sale.

• The £950 pcm figure is an advertised asking rent, not an achieved or passing rent.

Recommendation

Proceed only subject to inspection, confirmation of layout and bedroom count, EPC improvement requirements, heating and parking, and full Special Conditions review. Do not rely on the headline yield or bid without a quantified works budget.

Strategy Rating

Analysis Confidence

There are several local completed-sale comparables and an exact prior sale, but condition, bedroom count, works costs, heating, parking, seller fees and a property-specific achieved rent are not evidenced.