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Psalters Lane, Rotherham, South Yorkshire - Image 1
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Psalters Lane, Rotherham, South Yorkshire

Yorkshire

£70,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
896 sqft

Description

This property presents a compelling opportunity for cash buyers looking to undertake a comprehensive renovation project. With two spacious double bedrooms, a generous lounge area, and a large kitchen/dining room, the layout allows for versatile design possibilities. The rear garden adds potential for outdoor enhancements or landscaping. Located in Rotherham, the home is conveniently situated near various amenities including schools, shops, and dining options, as well as benefiting from robust transport links that facilitate easy travel in and out of the area. The internal space features an entrance hall that leads into the living areas and upstairs to the bedrooms and bathroom. Given its current state requiring full refurbishment, this property could transform into a valuable asset with the right vision and investment.

Investment Analysis

(S61 area)

Below Market Value

This property is priced -59.1% below area average per sq ft

-59.1%
Potential saving
This Property
£78/sq ft
Area Average
£191/sq ft
Avg Rent (weekly)
£179
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£188,250
10% above area average per sq ft
Potential ROI
+71.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (S61)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 16.9%
5 year growth: 40.4%
Investment Disclaimer: Analysis based on S61 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

Psalters Lane, Rotherham, South Yorkshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£256
Based on a loan of £52,500 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