Number 7 Vancouver Drive Bolton-Upon-Dearne, Rotherham, South Yorkshire, S63 8DT

Description

A fantastic opportunity to acquire this newly refurbished three bedroom end property, occupying a substantial corner plot with private front, side and rear gardens and gated driveway. Recently refurbished throughout, the property is presented in excellent condition and benefits from a modern kitchen and bathroom, fresh décor, updated flooring, double glazing and gas central heating via a modern boiler. It has also been re-roofed and features external wall insulation with a re-rendered finish, providing an attractive appearance and an excellent EPC rating. Previously let, the property benefits from up-to-date electrical and gas safety certification and offers strong investment credentials, with an estimated rental income of approximately **£10,800 per annum**. Equally, it would make an ideal home for owner-occupiers seeking a property ready to move straight into. The accommodation briefly has an entrance hallway, spacious lounge, modern kitchen/diner, useful utility/storage area, three well sized bedrooms, bathroom and separate WC. Externally, the generous corner plot provides excellent outdoor space with gardens to three sides, a gated driveway offering off-road parking and a useful garden shed. Conveniently located close to local shops, schools, train station, Manvers Lake and excellent road links, the property is well positioned for both commuters and families. An excellent auction opportunity offering strong rental potential and owner-occupier appeal Tenure: Freehold EPC Rating: C

Accommodation

The supplied particulars indicate approximately 3 bedroom accommodation. Room layout, floor areas and dimensions should be confirmed from the auctioneer particulars, floor plan and inspection.

Location

Located in Rotherham, South Yorkshire. Investor due diligence should test local transport, employment, amenities and tenant demand at the exact micro-location. Cross-check the postcode and legal title before bidding.

Investment Analysis

The figures below separate auctioneer/source facts from HB indicative estimates. HB figures are screening assumptions only and are not a RICS valuation, contractor quotation or lending decision.

Investment Snapshot

Strategy Recommendation

The initial strategy should be tested against condition, legal structure, works, rental evidence and comparable values before setting a maximum bid. Development feasibility, access, services and planning are the core value drivers for this lot.

Works Required

• Boundary/title-plan verification

• Access and services investigation

• Planning review / pre-application advice

• Site clearance and ground-condition checks

• Detailed development cost plan

Rental & Market Context

A conventional residential rental estimate is not applicable to this land/development lot. Income should be assessed only where an existing use or credible consented scheme supports it.

Sold within approximately 5 miles

Reliable sold-property comparables were not collected from the supplied scrape. Check recent Land Registry evidence and closely comparable sold listings within approximately five miles, prioritising the same property type, size, tenure and condition.

Potential BRRR Position

Not applicable at this stage. Any refinance case depends on the eventual use, completed value and lender criteria.

Flip Analysis

The initial gross value spread is approximately £13,000–£59,000 before acquisition/disposal costs. This is not profit and excludes SDLT, auction/admin fees, legal costs, finance, holding costs, insurance, utilities, professional fees, selling fees, contingency and tax.

Investor Risks & Due Diligence

• Review legal pack, title and special conditions

• Confirm auction fees and completion period

• Obtain survey and works quotations

• Verify finance before bidding

• Check rental and sold comparable evidence

• Verify tenancy agreement, deposits, rent schedule and compliance

• Confirm planning, access, services, boundaries and ground conditions

Recommendation

Initial recommendation: Development / Land. Proceed only if the legal pack, condition, costs and local evidence support the required margin/yield. Treat the guide as a starting point rather than a valuation and set a disciplined maximum bid after due diligence.

Strategy Rating

• Development: ★★★★★

• Flip: ★★★★☆

• Buy-to-Let: ★★☆☆☆