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Greenhill Main Road, Greenhill, S8 7RD - Image 1
Greenhill Main Road, Greenhill, S8 7RD - Image 2
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Greenhill Main Road, Greenhill, S8 7RD

Yorkshire

£115,000

Listed on 26/05/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom ground floor flat offers a significant renovation opportunity for those ready to engage in a project. With full modernisation needed throughout, this property has the potential to be converted into a modern and comfortable residence, suitable for either personal use or as an investment for resale or rental purposes. Situated conveniently near various amenities such as local shops, healthcare facilities, St James Retail Park, and reliable transport connections, this flat not only presents a chance to revive its interior but also benefits from an advantageous location. The layout includes an entrance hallway with two storage cupboards, a spacious living room that looks out onto the communal gardens, a kitchen in need of updating, two bedrooms, and a bathroom that requires refurbishment. On the exterior, residents can enjoy well-kept communal gardens along with the added feature of a garage that provides extra parking or storage options. It is important to note that the property comes with about 50 years remaining on its lease. This short lease term may limit mortgage options, making it more appealing to cash buyers. Prospective owners should also consider planning for a lease extension in the future and seek legal advice regarding any associated costs. Although substantial work is needed here, this flat represents an outstanding opportunity to increase value and tailor it to your tastes. Early viewings are advised to fully grasp the potential this property holds.

Investment Analysis

(S8 area)
Area Average
£269/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (S8)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +4.5%
5 year growth: +21.4%
Investment Disclaimer: Analysis based on S8 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

Greenhill Main Road, Greenhill, S8 7RD
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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
£410
Based on a loan of £86,250 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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