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Wake Road, Sheffield, S7

Yorkshire

£275,000
Listed on 20/01/2026

Property Details

Bedrooms
5
Type
Terraced house
Area
1342 sqft

Description

This substantial five-bedroom mid-terrace house, located in the desirable and tranquil neighbourhood of Nether Edge, offers a remarkable opportunity for renovation with the potential for significant value enhancement. Spread across three floors, the property features a welcoming entrance hall that leads into a spacious lounge with an attractive bay window, flowing into a generous dining area perfect for entertaining or family gatherings. The kitchen, while functional, provides ample storage and direct access to the rear yard for convenience. The first floor accommodates two large double bedrooms filled with natural light, a versatile single bedroom ideal as a study or nursery, and a bathroom equipped with a basic two-piece suite alongside a separate W/C. The second floor houses an additional two double bedrooms. Notably, the cellar space presents further potential for conversion into usable living space, subject to necessary consents. The house retains various character features and benefits from gas central heating throughout. While the property is liveable as-is, it presents ample scope for modernisation to fit personal taste or increase investment value. The well-regarded local area boasts excellent transport links and an array of amenities including shops and schools—all within easy reach—making this an excellent choice for families or professionals looking to establish themselves in a peaceful environment.

Investment Analysis

(S7 area)

Below Market Value

This property is priced -27.9% below area average per sq ft

-27.9%
Potential saving
This Property
£205/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£419,684
10% above area average per sq ft
Potential ROI
+33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
71%
Properties sold annually

Local Market Trend (S7)

Area prices are rising by +7.5% over the last 12 months
3 year growth: 6.5%
5 year growth: 22.1%
Investment Disclaimer: Analysis based on S7 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

Wake Road, Sheffield, S7
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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
£1,007
Based on a loan of £206,250 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