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High Matlock Road, Stannington, Sheffield - Image 1
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High Matlock Road, Stannington, Sheffield

Yorkshire

£120,000
Listed on 05/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This property presents a distinctive opportunity for developers or self-builders seeking a renovation project in a desirable village setting. Situated on approximately 0.15 acres, the plot is discreetly positioned away from the main road, ensuring privacy while still providing convenient access to local amenities. Currently, the site features a two-bedroom detached bungalow, which comprises an entrance hallway, a spacious lounge, a dining kitchen, two double bedrooms, and a family bathroom equipped with a full suite. However, significant potential lies in the approved planning application (Planning Number 23/00665/FUL) that allows for the demolition of this existing structure. Plans are in place for the construction of a two-storey family home featuring three double bedrooms and three bathrooms, offering around 2,000 square feet of modern living space. Access to the property is via a private footpath rather than direct roadway access from High Matlock Road. Potential buyers should note that mains electricity, gas, and drainage services are available on-site; however, it is advisable to verify these details through proper inquiries. Nestled within Stannington, this location boasts an array of amenities including a Co-op superstore and well-regarded local schools catering to all age groups. The village also hosts popular eateries such as a fish and chip shop and convenience stores. For those looking to venture further afield, Sheffield City Centre is just four miles away with extensive shopping options and cultural attractions like The Crucible Theatre and various live music venues. Additionally, proximity to the Peak District opens up countless outdoor recreation opportunities—ideal for hiking enthusiasts or anyone wanting to enjoy picturesque landscapes and historic towns like Edale and Castleton. This property represents not only a chance to create a tailored family home but also serves as an excellent investment opportunity in an increasingly sought-after area.

Investment Analysis

(S6 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£202
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (S6)

Area prices are rising by +2.6% over the last 12 months
3 year growth: 5.6%
5 year growth: 26.3%
Investment Disclaimer: Analysis based on S6 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

High Matlock Road, Stannington, 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
£440
Based on a loan of £90,000 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