77 East Terrace, Wales Bar, Sheffield, South Yorkshire, S26 5LX

Description

A spacious three-bedroom home offering approximately 988 sq. ft. of accommodation, two bathrooms and generous living space. The property is arranged over two floors and includes an entrance hall, fitted kitchen, separate dining room, spacious living room, ground-floor bathroom, three first-floor bedrooms and an additional shower room. It has enclosed outside space, low-maintenance areas, useful external storage and pedestrian access.

Accommodation

Approximately 988 sq. ft. arranged over two floors. Ground floor: entrance hall, fitted kitchen, separate dining room, spacious living room and bathroom. First floor: three bedrooms, including two well-proportioned double rooms, and an additional shower room. Enclosed outside space, low-maintenance areas, useful external storage and pedestrian access.

Location

Situated in the residential area of Wales Bar, with access to Wales, Kiveton Park and Rother Valley, local amenities, schools and transport connections.

Tenure / Property Information

Investment Analysis

The five supplied same-street completed sales range from £50,000 to £135,000. The most recent evidence is £80,000 for 81 East Terrace in October 2025, while three sales at £50,000 occurred in January 2025. The £135,000 sale is older and no condition details are supplied. A cautious base GDV of £80,000 is therefore used, with £50,000 and £135,000 as evidence-based low and high scenarios rather than formal valuation conclusions. The guide range and the latest comparable indicate limited margin at the upper end of the guide, particularly before unknown works and additional auction costs.

Investment Snapshot

Strategy Recommendation

Treat as a potential rental only after legal, condition and rent verification. Do not rely on the headline yield or bid near the upper guide without confirming total acquisition costs and achievable rent.

Works Required

No specific defects or required works are evidenced. Inspection should establish the condition of the kitchen, bathrooms, decoration, services, external areas and storage before budgeting any refurbishment.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the base GDV of £80,000, a 75% refinance is £60,000. Cash left in cannot be calculated because refurbishment costs, buyer premium, special-condition costs and the final purchase price are unknown. The strategy is highly sensitive to whether the property actually supports the £80,000 comparable value after inspection.

Buy-to-Let Analysis

The supplied advertised asking rent is £1,100 pcm, equivalent to £13,200 annually. Against the £90,000 upper guide, this indicates a gross yield of approximately 14.67%, but this uses an asking rent rather than achieved rent and excludes the £3,600 admin charge, buyer premium, other disbursements, finance, maintenance, voids and unknown works. Yield on total cost cannot be established from the evidence.

Flip Analysis

A resale analysis cannot be reliably completed because refurbishment costs, acquisition costs beyond the stated admin charge, selling costs and condition are not supplied. The £50,000 to £135,000 comparable range is too wide to support a dependable flip surplus calculation.

Investor Risks & Due Diligence

• Same-street completed sale prices vary materially from £50,000 to £135,000.

• The rental figure is an advertised asking rent, not an achieved or passing rent.

• The £3,600 admin charge is stated, but buyer premium and other special-condition disbursements are unknown.

• No condition information or refurbishment budget is supplied.

• The property’s occupancy status is not stated.

• The base case has little apparent value margin if bought at or near the upper guide before costs.

Recommendation

Treat as a potential rental only after legal, condition and rent verification. Do not rely on the headline yield or bid near the upper guide without confirming total acquisition costs and achievable rent.

Strategy Rating

Analysis Confidence

There is useful same-street sold evidence, a stated property description and one advertised rent, but condition, EPC, occupancy, achieved rent, buyer premium, special disbursements, refurbishment costs and final purchase price are unknown.