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Chapel Lane, Penistone, Sheffield

Yorkshire

£275,000

Listed on 24/06/2026

Property details

Bedrooms
3
Type
Detached
Area
581 sqft

Description

This three-bedroom detached property, located on a spacious corner plot in the desirable market town of Penistone, is positioned as a prime renovation opportunity. While the home requires some updating, it offers a well-thought-out layout that can be transformed into a modern living space tailored to individual tastes. The generous garden area and flexible outdoor space present significant possibilities for expansion or development, subject to planning permissions. The interior features comfortable, light-filled rooms and retains elements like solid oak flooring and exposed beams that can be enhanced further during renovations. With local amenities including shops, schools, and transport links nearby, this property stands out not only for its potential but also for its appealing location amongst Yorkshire's scenic countryside. This could be an ideal project for those looking to invest in a home with considerable scope for enhancements. A noteworthy aspect is the Tree Preservation Order affecting the trees on the plot, which should be considered when planning any landscaping or construction work.

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Investment analysis

(S36 area)

Above Market Value

This property is priced +83.6% above area average per sq ft

+83.6%
This Property
£473/sq ft
Area Average
£258/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£164,792
10% above area average per sq ft
Potential ROI
-50.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (S36)

Area prices are falling by -7.8% over the last 12 months
3 year growth: +5.2%
5 year growth: +9.6%
Investment Disclaimer: Analysis based on S36 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

Chapel Lane, Penistone, Sheffield
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,039
Based on a loan of £206,250 over 30 years at 4.45% 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

Next Steps

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