15 Nether Avenue, Grenoside, Sheffield, South Yorkshire

Description

Vacant freehold semi-detached house in a popular residential location in Grenoside. The property comprises a double reception room, kitchen, porch, three bedrooms, bathroom, driveway providing off-street parking and a generous enclosed rear garden with patio and lawn. GIA approximately 87.76 sq m (945 sq ft), sourced from the EPC. An eight-week completion applies to this lot.

Accommodation

Ground floor: double reception room, kitchen and porch. First floor: three bedrooms and bathroom. Driveway providing off-street parking. Generous enclosed rear garden with patio and lawn. GIA approximately 87.76 sq m (945 sq ft).

Location

Located in the desirable village of Grenoside, close to highly regarded schools, local amenities, public transport links and the M1 motorway. The property also enjoys easy access to Greno Woods and surrounding countryside.

Tenure / Property Information

Investment Analysis

Evidence is mixed. The supplied exact-address completed sales show £100,000 and £174,000 on 7 August 2026, while nearby Nether Avenue semi-detached sales range from £240,000 to £380,000. The £380,000 sale is treated as an outlier because no size or specification details are provided. A cautious base GDV of £174,000 uses the higher exact-address sale, with £100,000 to £240,000 as an evidence-supported scenario range. Condition evidence is absent, so no refurbishment allowance is estimated.

Investment Snapshot

Strategy Recommendation

Potential rental hold only if inspection confirms acceptable condition and the £1,100 asking rent is achievable. Do not bid without obtaining the special conditions, full costs and a condition assessment; the evidence is insufficient to support a refurbishment-led flip or firm maximum bid.

Works Required

No specific works are supported by the evidence. Inspection should establish condition of the kitchen, bathroom, decoration, services, heating, windows and external areas before bidding; these are not assumed defects.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £174,000 base GDV, 75% refinancing is approximately £130,500. The project’s total cost and cash left in cannot be calculated because refurbishment costs and buyer or seller charges are not supplied. The conflicting exact-address sales make the valuation and refinance outcome uncertain.

Buy-to-Let Analysis

The advertised asking rent is £1,100 pcm, equivalent to £13,200 annually. Against the £180,000 guide this indicates a gross yield of approximately 7.33%, before finance, voids, maintenance, management, taxes and acquisition costs. The rent is an asking figure rather than achieved rent, and total-cost yield cannot be established because works and fees are unavailable.

Flip Analysis

A resale assessment cannot be reliably completed. The evidence supports a base GDV of £174,000, but refurbishment, acquisition, finance and selling costs are unavailable. Nearby sales vary materially, and the exact-address evidence is conflicting, so no flip surplus is calculated.

Investor Risks & Due Diligence

• Conflicting completed-sale evidence for the exact property: £100,000 and £174,000 are both reported on 7 August 2026.

• The guide of £180,000 is above the higher reported exact-address sale of £174,000.

• No condition or refurbishment-cost evidence is supplied.

• The £1,100 pcm figure is an advertised asking rent, not achieved rent or passing rent.

• Buyer, administration and other additional charges are unspecified.

• The eight-week completion requirement may restrict finance, due diligence and refinancing timing.

• Nearby comparable prices vary significantly and lack size or specification details.

Recommendation

Potential rental hold only if inspection confirms acceptable condition and the £1,100 asking rent is achievable. Do not bid without obtaining the special conditions, full costs and a condition assessment; the evidence is insufficient to support a refurbishment-led flip or firm maximum bid.

Strategy Rating

Analysis Confidence

The property description, tenure, occupancy, guide, floor area and one rental listing are supplied, but exact-address sales conflict materially and there is no condition, heating, council tax, buyer-fee or seller-fee information.