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Richards Road, Heeley, Sheffield, S2 3DW

Yorkshire

£160,000
Listed on 16/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1023 sqft

Description

Situated on Richards Road in the desirable Heeley area of Sheffield, this mid-terrace house built in 1900 presents a remarkable opportunity for renovation and investment. Spanning approximately 1,023 square feet, the property showcases its historical charm while offering ample space that can be tailored to modern living needs. The home features three spacious bedrooms, making it suitable for families or investors looking to capitalize on rental opportunities. The single reception room provides a cozy environment for relaxation and social gatherings. An off-shot kitchen enhances functionality, providing easy access to the rear garden—a sizable outdoor area that invites creativity for those interested in landscaping or creating a private retreat. This property holds significant potential for upgrades and personal touches. Its layout allows for various renovation possibilities that can enhance both aesthetics and efficiency, catering to contemporary tastes while maintaining its intrinsic character. Located conveniently within Heeley, residents benefit from proximity to local amenities including shops, schools, and transport links. This vibrant community setting adds further appeal for both homeowners and renters alike. With its combination of space, location, and the potential for improvement, this property represents not just a house but an opportunity to create a cherished home or a profitable investment.

Investment Analysis

(S2 area)

Below Market Value

This property is priced -20.8% below area average per sq ft

-20.8%
Potential saving
This Property
£156/sq ft
Area Average
£197/sq ft
Avg Rent (weekly)
£203
Avg Yield
6.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£222,134
10% above area average per sq ft
Potential ROI
+23.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (S2)

Area prices are falling by +6.3% over the last 12 months
3 year growth: 5.2%
5 year growth: 23.8%
Investment Disclaimer: Analysis based on S2 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.

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Location

Richards Road, Heeley, Sheffield, S2 3DW
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