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Herries Place, Sheffield, S5

Yorkshire

£120,000

Listed on 04/07/2026

Property details

Bedrooms
2
Type
End Of Terrace
Area
806 sqft

Description

This two-bedroom residence presents a promising opportunity for those eager to invest in a property that allows for personal customization. While the home is in need of modernization, it offers spacious living areas and a generous rear garden that can be transformed into an attractive outdoor retreat. The ground floor features an inviting entrance hall leading to a large lounge and a well-sized kitchen/dining area, ideal for family gatherings. Access to the enclosed garden from the kitchen enhances the appeal, allowing for potential landscaping and outdoor living enhancements. Upstairs, you'll find two sizeable double bedrooms along with a family bathroom that can be updated according to modern standards. This property stands as a blank canvas, perfect for first-time buyers or investors looking to add value through renovation. Early viewings are advised to fully grasp the space and potential this home holds.

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Investment analysis

(S5 area)

Below Market Value

This property is priced -20.8% below area average per sq ft

-20.8%
Potential saving
This Property
£149/sq ft
Area Average
£188/sq ft
Avg Rent (weekly)
£198
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£166,636
10% above area average per sq ft
Potential ROI
+14.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (S5)

Area prices are rising by +6.5% over the last 12 months
3 year growth: +9.1%
5 year growth: +35.2%
Investment Disclaimer: Analysis based on S5 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

Herries Place, Sheffield, S5
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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
£453
Based on a loan of £90,000 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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