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Waverley Lane, Sheffield

Yorkshire

£80,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This two-bedroom end terrace cottage, characterized by its stone-fronted exterior, presents a solid opportunity for renovation and investment. While it is in need of modernization, the property offers a layout that can be transformed to meet contemporary living standards. Positioned in Handsworth, residents will benefit from proximity to a range of local amenities, making it an appealing choice for potential rental or resale. Inside, the cottage features two reception rooms that can be reimagined into functional living spaces. The lounge provides a front-facing window that invites natural light, while the separate dining room offers additional space for entertaining or family meals. The kitchen, with its rear-facing window, could be updated into a modern culinary area with an open-plan design if desired. Upstairs, the property comprises two bedrooms that provide ample space for customization. The primary bedroom features a front-facing window and good dimensions, while the second bedroom is more compact but could serve well as a guest room or home office. A four-piece bathroom equipped with a freestanding rolltop bath and walk-in shower is also located on this level and has potential for upgrades to enhance both functionality and aesthetic appeal. The attic space presents opportunities for expansion; it is spacious enough to consider conversion into usable living areas, subject to relevant planning permissions. Additionally, the presence of a garage adds value and convenience for storage or utility purposes. With no onward chain and competitive market dynamics in Handsworth, this property holds promising prospects for investors or builders looking to tap into the local real estate landscape. Transforming this cottage could yield attractive returns while providing a comfortable residence suited to modern lifestyles.

Investment Analysis

(S13 area)
Area Average
£209/sq ft
Avg Rent (weekly)
£207
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (S13)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 7.1%
5 year growth: 27.0%
Investment Disclaimer: Analysis based on S13 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

Waverley Lane, Sheffield
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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
£293
Based on a loan of £60,000 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