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Forge Road, Wales, Sheffield

Yorkshire

£365,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1702 sqft

Description

This three-bedroom detached bungalow is positioned in a tranquil cul-de-sac within the desirable village of Wales, presenting an exciting opportunity for investors or those looking to create their dream home. The property is being sold with no upward chain and reflects the need for significant modernization, allowing you to personalize every aspect to suit your taste. With a spacious layout that includes an entrance hall, cloakroom/WC, kitchen requiring refurbishment, a generous lounge with a charming stone chimney breast, and a dedicated dining room opening to the garden, this residence offers ample room for improvement. Each of the three well-sized bedrooms provides potential for reconfiguration and enhancement. The sizeable rear garden and front parking leading to the garage further add value to this property, making it an ideal candidate for renovation. Conveniently located near amenities and recreational areas like Rother Valley Country Park, this bungalow's prime location complements its investment potential.

Investment Analysis

(S26 area)

Below Market Value

This property is priced -11.2% below area average per sq ft

-11.2%
Potential saving
This Property
£214/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£452,230
10% above area average per sq ft
Potential ROI
+11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (S26)

Area prices are rising by +5.5% over the last 12 months
3 year growth: 17.3%
5 year growth: 28.1%
Investment Disclaimer: Analysis based on S26 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

Forge Road, Wales, 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
£1,337
Based on a loan of £273,750 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