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Wragg Road, Sheffield, South Yorkshire, S2

Yorkshire

£98,500
Listed on 02/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
853 sqft

Description

This semi-detached house offers substantial renovation potential, making it an appealing prospect for investors or DIY enthusiasts looking to craft a personalized living space. With three bedrooms, the layout includes a lounge, a kitchen/diner, and a family bathroom. Additionally, the property features a spacious rear garden that could be enhanced or redesigned according to your vision. Located in a well-established residential neighborhood of Sheffield, this home benefits from close proximity to essential amenities, including shops and public transport links. Commuters will appreciate the convenient access to Sheffield City Centre, as well as major routes such as the Parkway (A57) and the M1 motorway. Families will find several schools nearby, such as Norfolk Primary School and Prince Edward Primary School, contributing to the area's appeal for those with children. For outdoor enthusiasts, Norfolk Heritage Park is in close proximity, providing recreational opportunities within walking distance. While the property requires comprehensive modernization, this presents an excellent opportunity for value addition through thoughtful refurbishment. Whether you are looking to create your ideal home or seeking an investment project with promising returns, this property certainly merits consideration.

Investment Analysis

(S2 area)

Below Market Value

This property is priced -41.0% below area average per sq ft

-41.0%
Potential saving
This Property
£115/sq ft
Area Average
£196/sq ft
Avg Rent (weekly)
£193
Avg Yield
6.0%

Renovation Potential

Est. Renovation Cost
£9,850 - £24,625
10-25% of property value
Target Value
£183,766
10% above area average per sq ft
Potential ROI
+49.3%
After renovation
Monthly Sales
17
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (S2)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 13.2%
5 year growth: 33.0%
Investment Disclaimer: Analysis based on S2 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

Wragg Road, Sheffield, South Yorkshire, S2
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