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

Description

A Vacant Three Bedroom End of Terrace House

Accommodation

Ground Floor: Reception Room, Kitchen. First Floor: Two Bedrooms, Bathroom. Second Floor: Bedroom. Exterior: rear garden.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of The Royston Park are within easy reach. Transport links are provided by Fitzwilliam rail station.

Tenure / Property Information

Investment Analysis

The subject property sold for £51,500 on 7 January 2026. Other Milgate Street freehold terraced sales were £46,000, £81,000 and £105,000. The £105,000 and £81,000 sales provide higher-value reference points, but no bedroom, condition or specification details are supplied for those properties. A base GDV of £81,000 is therefore only an indicative evidence-based scenario, not a formal valuation. The current EPC F rating and vacant status may affect value, while refurbishment requirements are not sufficiently described to cost.

Investment Snapshot

Strategy Recommendation

Proceed only as a conditional refurbishment/flip or refinance opportunity after reviewing the legal pack and inspecting the property. Do not rely on the £81,000 base GDV or bid beyond a separately costed budget until works and all purchaser charges are known.

Works Required

Obtain a full survey and review the legal pack. Investigate and address works required to improve the EPC F rating, together with any general refurbishment identified on inspection. No specific defects or works costs are evidenced, so a refurbishment allowance cannot be quantified.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £40,000 guide, the known purchase price plus the £1,800 administration charge is £41,800 before refurbishment, other buyer costs, disbursements and finance. At the £81,000 base GDV, 75% refinancing would be £60,750, but total project cost and cash left in cannot be calculated because works and other costs are unsupported.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The property is vacant and has an EPC F rating, which should be investigated before relying on rental or finance assumptions.

Flip Analysis

The £40,000 guide is below the supplied £51,500 subject sale and the £81,000 base GDV scenario. However, refurbishment costs, selling costs, legal-pack charges and condition are unknown. A reliable flip surplus or maximum bid therefore cannot be calculated.

Investor Risks & Due Diligence

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

• No specific rental evidence is available, so BTL yield cannot be established.

• The £81,000 base GDV is based on limited comparable detail and is not a formal valuation.

• Auction disbursements and other possible charges are not quantified and require legal-pack review.

• Vacant possession is stated, but the property's detailed internal condition is not evidenced.

Recommendation

Proceed only as a conditional refurbishment/flip or refinance opportunity after reviewing the legal pack and inspecting the property. Do not rely on the £81,000 base GDV or bid beyond a separately costed budget until works and all purchaser charges are known.

Strategy Rating

Analysis Confidence

There are several same-street completed sales and an exact subject sale, but no detailed comparable specifications, rental evidence, condition report, refurbishment costs or complete purchaser-fee information.