Snape Hill Road, Darfield, Barnsley - Image 1

Snape Hill Road, Darfield, Barnsley

Yorkshire

£110,000

Listed on 21/07/2023

Property Details

Bedrooms

Type

Plot

Description

This is an exciting opportunity to acquire a parcel of development land in the village of Darfield, situated within the Metropolitan Borough of Barnsley, South Yorkshire. The site has already been granted planning permission for the construction of two semi-detached properties, each comprising two bedrooms and spanning three stories. Given its location, approximately 4 miles from Barnsley town centre, this land presents a prime investment prospect for developers looking to capitalize on the growing demand for residential housing in the area.

Investment Analysis

(S73 area)

Area Average

£189/sq ft

Avg Rent (weekly)

£178

Avg Yield

4.7%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£30,000 - £60,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

22%

Properties sold annually

Local Market Trend (S73)

Area prices are stable by +0.4% over the last 12 months

3 year growth: +12.2%

5 year growth: +24.7%

Investment Disclaimer: Analysis based on S73 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Snape Hill Road, Darfield, Barnsley

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments

£392

Based on a loan of £82,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

Price History

-12.0% since listed

£110,000£5,000(-4.3%)

11/01/2024

Current price

£115,000£5,000(-4.2%)

03/01/2024

£120,000£5,000(-4.0%)

02/11/2023

£125,000Initial listing

21/07/2023

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Similar Properties

Snape Hill Road, Darfield, Barnsley

Property Details

Description

Investment Analysis

Renovation Potential

Local Market Trend (S73)

Location

Mortgage Calculator

Stamp Duty Calculator

Price History

Next Steps

Get help with this property

Next Steps

Get help with this property

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