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Ford Farm, The Ford, Ridgeway, Sheffield, S12 3YD - Image 1
Ford Farm, The Ford, Ridgeway, Sheffield, S12 3YD - Image 2
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Ford Farm, The Ford, Ridgeway, Sheffield, S12 3YD - Image 4
Ford Farm, The Ford, Ridgeway, Sheffield, S12 3YD - Image 5

Ford Farm, The Ford, Ridgeway, Sheffield, S12 3YD

Yorkshire

£450,000
Listed on 28/09/2023

Property Details

Bedrooms
5
Type
Detached house
Area
2152 sqft

Description

This substantial Grade II listed detached farmhouse, located just outside the village of Ridgeway, presents a unique opportunity for those seeking a property with significant renovation and investment potential. Offering five bedrooms across three levels, this home awaits modernisation to fully realise its charm and functionality. Set on a generous plot of approximately 0.5 acres, the property boasts expansive gardens and an orchard, providing ample outdoor space. Ridgeway is a small village in northeast Derbyshire, featuring local amenities such as public houses, leisure facilities, and a primary school. For more comprehensive services, including supermarkets and high street shops, residents can easily access the nearby towns of Eckington (3.4 miles southeast) or Dronfield (4.8 miles west). Chesterfield is just 8.3 miles to the south, while Sheffield lies 8.7 miles to the north. The property's semi-rural location ensures that countryside walks in the Peak District National Park are within easy reach, making it an ideal spot for those who appreciate nature yet desire proximity to urban conveniences. Internally, the farmhouse retains its historical character with spacious rooms featuring mullioned windows and original architectural details. The ground floor includes an entrance hallway leading to two sizeable reception rooms and a kitchen diner with a pantry; there’s also a cellar with natural light from an external window. On the first floor are two large double bedrooms accompanied by a family bathroom, while the second floor hosts another two double bedrooms along with an additional room that benefits from scenic views over the surrounding countryside. The property requires complete refurbishment but comes with planning permission (application no: 20/00020/LB) for essential renovations and a single-storey rear extension—an opportunity to enhance living space while preserving its historical integrity. A right of way allows access off Ford Lane for future driveway installation, which will provide private parking upon completion. In addition to its internal features, the grounds offer diverse garden spaces including lawns, mature fruit trees in the orchard, and further grassy areas which could be transformed into appealing outdoor retreats or gardens. Services such as mains gas, electricity, water, and waste are already connected; fibre broadband is also available at the site. The property will be sold freehold with vacant possession upon completion. In summary, this farmhouse stands as not only a residential project but also as an investment opportunity ripe for development in a desirable location that balances rural tranquility with urban accessibility.

Investment Analysis

(S12 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£209/sq ft
Area Average
£217/sq ft
Avg Rent (weekly)
£204
Avg Yield
5.3%

Renovation Potential

Est. Renovation Cost
£45,000 - £112,500
10-25% of property value
Target Value
£514,629
10% above area average per sq ft
Potential ROI
-8.5%
After renovation
Monthly Sales
19
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (S12)

Area prices are rising by +4.6% over the last 12 months
3 year growth: 16.1%
5 year growth: 36.2%
Investment Disclaimer: Analysis based on S12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Ford Farm, The Ford, Ridgeway, Sheffield, S12 3YD
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