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Snape Hill Road, Darfield, Barnsley - Image 1
Snape Hill Road, Darfield, Barnsley - Image 2
Snape Hill Road, Darfield, Barnsley - Image 3

Snape Hill Road, Darfield, Barnsley

Yorkshire

£110,000
Listed on 12/01/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This development opportunity presents a parcel of land in Darfield, Barnsley, which has received planning permission for the construction of two semi-detached properties, each featuring two bedrooms and three stories. Situated in the heart of Darfield, a village steeped in history as part of the West Riding of Yorkshire, this location boasts both charm and potential. Darfield offers a distinct community atmosphere while still being conveniently located approximately four miles east of Barnsley town center. This proximity to urban amenities enhances its appeal for future residents seeking a blend of village life with easy access to city conveniences. The approved plans for the semi-detached homes provide an excellent foundation for investment. With demand for quality housing continuing to rise in the Barnsley area, this site could yield profitable returns. The ability to capitalize on local growth and revitalization projects makes this property particularly attractive for developers looking to make their mark in a burgeoning market. For those interested in pursuing this venture, further details can be provided regarding the planning permissions and development potential.

Investment Analysis

(S73 area)
Area Average
£184/sq ft
Avg Rent (weekly)
£166
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (S73)

Area prices are rising by +9.0% over the last 12 months
3 year growth: 15.8%
5 year growth: 32.5%
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

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£403
Based on a loan of £82,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE