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Ferrars Close, Sheffield, S9 - Image 1
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Ferrars Close, Sheffield, S9

Yorkshire

£240,000

Listed on 10/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
1076 sqft

Description

This three-bedroom semi-detached house presents an excellent opportunity for families and first-time buyers looking to create their ideal home. The property features a spacious lounge that provides a welcoming area to relax, alongside a kitchen/diner that is perfect for both cooking and family meals. A separate cloakroom adds practicality to the ground floor layout. Upstairs, you will find three well-proportioned bedrooms and a family bathroom, with the main bedroom offering ample space. An additional loft room on the second floor adds versatility, making it suitable for a variety of uses such as a hobby room or extra storage, pending necessary permissions. Externally, the property boasts a generous garden that is ideal for outdoor activities and entertaining, complemented by a large garage that provides valuable storage and parking options. Notably, planning permission has been granted for a rear extension, allowing for further development of the existing accommodation. This home not only offers immediate potential but also significant scope to add value in the future.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

33out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom semi-detached house presents a decent opportunity with its generous garden and potential for extension. However, the asking price of £240,000 equates to £223/sqf, which is notably above the local average of £188/sqf, making it feel quite dear in comparison. With a light renovation scope of £20,000 to £40,000, the all-in costs could stretch your budget, especially as the combined expenditure would be around £270,000, against a local average value of approximately £202,288.

The property's dated interiors across the living spaces and bedrooms suggest a project that could greatly enhance its appeal and value. Despite the current condition, the possibility of creating a more modern and welcoming home is clear, particularly with the added bonus of a large garage and planning permission for a rear extension already in place. This could be an exciting venture for those looking to invest time and effort into a renovation that aligns with their vision.

Key opportunities

  • Generous garden space providing potential for outdoor enhancements.
  • Planning permission granted for a rear extension, allowing for increased living space.
  • Versatile second-floor loft room that can be adapted for various uses.

Key risks

  • Asking price plus renovation costs may leave total expenditure above local benchmarks, impacting potential value.
  • Plan on something close to £270,000 all-in — £30,000 of works on top of the asking price, about 25% ahead of typical local benchmarks for this size — current-condition benchmarks only, not after-works GDV.

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Map

Location

Ferrars Close, Sheffield, S9
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 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.

Tax

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Indicative tax based on the asking price and the options you select.

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