Crucible Homes says ..
Presenting a unique oppurtunity to purchase a spacious two bedroom flat in Kimberworth, along with a fully licensed restaurant/commercial premises below.
Property Oracle says ..
This property in Rotherham, South Yorkshire, presents a unique investment opportunity combining a residential dwelling with a fully licensed commercial premises. The residential portion is a two-bedroom flat that, while habitable, is noticeably dated and requires extensive refurbishment throughout. The kitchen and bathrooms show a need for modernization. The finishes, including walls and flooring, seem tired and worn. While the location is convenient, with nearby schools and a train station, the property’s limited outdoor space detracts from its overall appeal. The addition of the commercial unit (restaurant/commercial premises) below significantly influences the overall value and justifies the list price to an extent. A potential buyer needs to carefully weigh the costs of the renovation against the potential rental income from the combined residential and commercial properties. The success of this investment will largely depend on the ability to effectively manage and improve both units, while also considering the ongoing maintenance associated with this type of property. Detailed building surveys and commercial viability assessments are crucial before making any final purchase decision.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 1,000.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 1,363,333.00 £Increased by 35.76 %
- Est sale value
- 758,000.00 £Increased by 71.88 %
- Average area rental value
- 2,132.00 £/moIncreased by 10.07 %
- Est letting value
- 1,000.00 £/mo
- Est rental Yield
- 1.88 %Decreased by 18.61 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Crucible Homes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ferham Primary School | Academy Sponsor Led | 0.10 KM | |
| Rotherham Central Children'S Centre | Children's Centre | 0.11 KM | |
| Thornhill Primary School | Community School | Good | 0.59 KM |
| Kimberworth Community Primary School | Community School | Requires improvement | 1.49 KM |
| Kimberworth Community Primary School | Children's Centre Linked Site | 1.49 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Midland Road | £ 0 | 0 | 0.00 KM |
| Henley Way | £ 0 | 0 | 0.00 KM |
| Station Road | £ 150,000 | 0 | 0.00 KM |
| Walter Street | £ 0 | 0 | 0.00 KM |
| College Road Roundabout | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Rotherham Central | 6676 | RMC | 1.73 KM |
| Meadowhall | 6663 | MHS | 4.33 KM |
| Darnall | 6729 | DAN | 6.51 KM |
| Woodhouse | 6732 | WDH | 7.70 KM |
| Elsecar | 6667 | ELR | 9.49 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Kimberworth Road, Rotherham | £ 225,000 | BUY | 4 / 10 | 0.00 KM |
| Josephine Road, Ferham, Rotherham | £ 100,000 | BUY | 6 / 10 | 0.30 KM |
| Cavendish Road, Holmes, Rotherham | £ 60,000 | BUY | Unknown | 0.34 KM |
| Midland Road, Rotherham | £ 75,000 | BUY | 5 / 10 | 0.34 KM |
| Cavendish Road, Holmes, Rotherham | £ 70,000 | BUY | 5 / 10 | 0.38 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 78a Kimberworth Road | £ 85,000 | 0.00 KM |
| 89 Ferham Road | £ 55,000 | 0.05 KM |
| 91 Ferham Road | £ 45,000 | 0.05 KM |
| 23 Ferham Road | £ 45,000 | 0.05 KM |
| 68 Ferham Road | £ 70,000 | 0.19 KM |