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Lancing Road, Highfield, S2

Yorkshire

£150,000

Listed on 18/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
973 sqft

Description

Situated on a sought-after street in the Sheffield S2 area, this charming traditional terraced house presents a significant opportunity for renovation or investment. With its spacious interiors and some retained period features, this property holds considerable potential for those looking to create their ideal living space or embark on a rental venture. The home, dating back to before 1900, exudes a unique historical charm that appeals to many buyers. Upon entry, you'll find a front reception room bathed in natural light, complemented by high ceilings that enhance the sense of space. The practical layout continues into the dining kitchen at the rear, which provides access to an unconverted cellar and the outdoor yard—ideal for future landscaping or improvements. The presence of two rooms in the cellar and additional loft area further expands the possibilities for adding valuable living space and enhancing functionality. The rear yard is primarily hard landscaped, serving as a blank canvas for creative outdoor development and relaxation. This property is not only about its interior; it is located within a friendly community known for its excellent connectivity to local amenities and green spaces. The neighbourhood attracts first-time buyers and professionals alike due to its affordability combined with easy access to Sheffield's urban offerings. Overall, this home on Lancing Road is well-positioned for expansion and modernization while preserving its historic allure.

Investment Analysis

(S2 area)

Below Market Value

This property is priced -22.2% below area average per sq ft

-22.2%
Potential saving
This Property
£154/sq ft
Area Average
£198/sq ft
Avg Rent (weekly)
£179
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£212,187
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
29
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (S2)

Area prices are falling by -6.7% over the last 12 months
3 year growth: +7.3%
5 year growth: +23.5%
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.

Location

Lancing Road, Highfield, S2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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