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Stephen Lane, Grenoside, Sheffield

Yorkshire

£495,000
Listed on 05/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2503 sqft

Description

This four-bedroom detached property, steeped in history and dating back to 1854, presents a unique opportunity for those looking to invest in a home with substantial renovation potential. Set within the scenic village of Grenoside, Sheffield, the residence boasts original features that add character and charm, making it an inviting project for buyers eager to personalize their space. The spacious layout includes three reception rooms, offering flexibility for various living arrangements. Entering through the front porch, you are greeted by a lounge featuring original elements and a striking fireplace that serves as the room's centerpiece. Adjacent to this space is a dining room, also adorned with a charming fireplace equipped with a log burner—ideal for cozy gatherings. The kitchen is functional as-is but provides ample opportunity for modernization, featuring an array of units and integrated appliances such as an electric oven and hob. Upstairs, the property comprises four well-proportioned bedrooms. Each room includes fitted wardrobes, maximizing storage while allowing potential buyers to reimagine layouts according to their preferences. The family bathroom offers a four-piece suite that could benefit from updates to enhance comfort and style. Additionally, there is a separate shower room for convenience. Outside, the property is set on tiered lawned gardens that provide charming outdoor spaces along with significant potential for landscaping or garden redesign. The presence of multiple outhouses adds further utility and makes this area conducive to hobbyists or gardeners alike. Furthermore, the expansive greenhouse enhances gardening possibilities for green-fingered buyers. Conveniently located in Grenoside, residents will appreciate easy access to local amenities including shops and pubs within walking distance. Commuters will benefit from strong transport links while being surrounded by reputable schools and recreational areas such as local woodlands. The proximity to major roadways simplifies travel into Sheffield and beyond. With its blend of historic character and investment potential, this property invites prospective buyers to envision their own updates in a desirable location rich with community spirit.

Investment Analysis

(S35 area)

Below Market Value

This property is priced -23.9% below area average per sq ft

-23.9%
Potential saving
This Property
£198/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£715,583
10% above area average per sq ft
Potential ROI
+33.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (S35)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 7.3%
5 year growth: 28.6%
Investment Disclaimer: Analysis based on S35 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

Stephen Lane, Grenoside, 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
£1,813
Based on a loan of £371,250 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