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Derbyshire Lane, Sheffield, S8

Yorkshire

£240,000
Listed on 06/06/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1948 sqft

Description

Nestled within a serene woodland setting, this property presents a unique opportunity for renovation and investment. Situated on a plot measuring 449 m² (approximately 4,833 sq ft), it comes with full planning permission for an architecturally thoughtful 4-bedroom detached residence named Westcliffe. This home is designed to leverage the natural light and elevated position of the plot, offering uninterrupted views of the nearby Peak District. The proposed layout features a spacious living and dining area that opens onto a generous roof terrace, creating an ideal space for both relaxation and entertaining while taking in the stunning surrounding landscape. The master bedroom is thoughtfully designed with its own private terrace, enhancing outdoor living options. With a substantial garden and three designated parking spaces, this property provides ample room for family activities and guest accommodation. For those looking to make their mark, buyers have the flexibility to proceed with the approved Westcliffe plans or to adapt them according to personal vision and preferences, pending necessary planning approvals. This creates an exciting opportunity to design a bespoke home tailored specifically to one's lifestyle. Located in a tranquil enclave yet only a short distance from everyday conveniences, residents will appreciate the proximity to local shops and cafés just ten minutes away on foot. Sheffield city center is easily accessible within ten minutes by car, while major routes such as the M1 motorway can be reached in twenty minutes. Nature enthusiasts will find themselves only fifteen minutes from the breathtaking expanses of Peak District National Park. This limited collection of homes at Houndkirk View fosters a welcoming community spirit while blending seamlessly into its natural environment; plots are thoughtfully set back from roadways and screened by mature trees to ensure privacy and enhance aesthetics. The development already showcases progress with several plots under construction, paving the way for potential buyers to join this vibrant neighborhood. Investing in this property not only offers immediate equity potential through reduced Stamp Duty Land Tax—applying solely to the plot price—but also sets up long-term value enhancement opportunities associated with custom-built homes in desirable locations. In summary, this property promises not just a house but the potential for creating a personalized home in one of Sheffield's scenic areas. For more information or to arrange a viewing, please reach out to our sales team.

Investment Analysis

(S8 area)

Below Market Value

This property is priced -53.4% below area average per sq ft

-53.4%
Potential saving
This Property
£123/sq ft
Area Average
£264/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £300,000
Target Value
£566,021
10% above area average per sq ft
Potential ROI
+4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (S8)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 8.3%
5 year growth: 26.1%
Investment Disclaimer: Analysis based on S8 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

Derbyshire Lane, Sheffield, S8
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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
£879
Based on a loan of £180,000 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