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Park Avenue, Wortley, Sheffield, S35 7DR - Image 1
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Park Avenue, Wortley, Sheffield, S35 7DR

Yorkshire

£775,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3000 sqft

Description

This property presents a unique opportunity for those looking to invest in a development project within a picturesque Yorkshire village. Set on a generous 1/3 acre plot, this site currently features a three-bedroom detached house that was originally built as a four-bedroom home and has seen some recent remodeling. The main attraction lies in the granted planning permission for the construction of two new detached houses, each boasting approximately 3000 sqft of accommodation with five bedrooms and spacious open-plan living areas designed to maximise the stunning rural views. Alternatively, the existing home can be retained while adding a new build, providing flexibility in development options. The location is ideal for outdoor enthusiasts, offering immediate access to scenic walking trails and beautiful countryside, while maintaining proximity to local amenities including traditional pubs and tea rooms. The well-connected transport links via the M1 motorway make it easy for commuters to reach major nearby cities like Sheffield and Manchester. This site not only holds promise for creating modern family homes but also offers an investment potential given its desirable location and characterful environment. With meticulous planning conditions in place, the potential for architectural innovation awaits – from spacious living areas that seamlessly integrate with landscaped gardens to the creation of leisure spaces that enhance lifestyle quality. The neighbourhood is well-served by schools and local services, making it attractive both for future homeowners and investors alike.

Investment Analysis

(S35 area)

Below Market Value

This property is priced -0.1% below area average per sq ft

-0.1%
Potential saving
This Property
£258/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£853,710
10% above area average per sq ft
Potential ROI
-16.7%
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
63%
Properties sold annually

Local Market Trend (S35)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +4.2%
5 year growth: +25.9%
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

Park Avenue, Wortley, Sheffield, S35 7DR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,795
Based on a loan of £581,250 over 30 years at 4.06% 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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