32 Newbould Lane, Sheffield, South Yorkshire, S10 2PL

Description

This spacious five bedroom home offers plenty of room across three floors and is full of potential for buyers looking to modernise. Original details such as the staircase, high ceilings and generous room sizes add to its character. The ground floor features an entrance hall, a bright bay fronted living room, a separate dining room, a kitchen and a conservatory overlooking the rear. The cellar provides useful storage with scope for a variety of uses, subject to the necessary consents. On the first floor are three bedrooms and a family bathroom, with two further bedrooms on the second floor, making it an ideal layout for growing families. Although the property requires complete renovation, it offers a fantastic opportunity to create a home to suit your own style. Outside, there is the added benefit of off road parking to the rear and an outside toilet. Located in the heart of Broomhill, the property is within easy reach of local shops, cafés, schools, the universities, hospitals and Sheffield city centre. Offered for sale on a leasehold basis. Tenure: See Legal Pack

Accommodation

The supplied particulars indicate approximately 5 bedroom accommodation. Room layout, floor areas and dimensions should be confirmed from the auctioneer particulars, floor plan and inspection.

Location

Located in Sheffield, South Yorkshire. Investor due diligence should test local transport, employment, amenities and tenant demand at the exact micro-location. Cross-check the postcode and legal title before bidding.

Investment Analysis

The figures below separate auctioneer/source facts from HB indicative estimates. HB figures are screening assumptions only and are not a RICS valuation, contractor quotation or lending decision.

Investment Snapshot

Strategy Recommendation

The initial strategy should be tested against condition, legal structure, works, rental evidence and comparable values before setting a maximum bid. The screening case depends on achieving a sufficient margin or sustainable income after all acquisition and holding costs.

Works Required

• Kitchen and bathroom modernisation review

• Electrical/heating testing and upgrades

• Decoration and flooring

• Roof, damp and structural inspection

• Review service charge and major-works liabilities

Rental & Market Context

A conventional residential rental estimate is not applicable to this land/development lot. Income should be assessed only where an existing use or credible consented scheme supports it.

Sold within approximately 5 miles

Reliable sold-property comparables were not collected from the supplied scrape. Check recent Land Registry evidence and closely comparable sold listings within approximately five miles, prioritising the same property type, size, tenure and condition.

Potential BRRR Position

Not applicable at this stage. Any refinance case depends on the eventual use, completed value and lender criteria.

Flip Analysis

A flip margin cannot be sensibly calculated from the available source data. Establish a verified purchase basis, works/build cost and comparable-supported exit value first.

Investor Risks & Due Diligence

• Review legal pack, title and special conditions

• Confirm auction fees and completion period

• Obtain survey and works quotations

• Verify finance before bidding

• Check rental and sold comparable evidence

• Confirm lease term, ground rent, service charge and major works

Recommendation

Initial recommendation: BRRR or Refurbishment & Resale. Proceed only if the legal pack, condition, costs and local evidence support the required margin/yield. Treat the guide as a starting point rather than a valuation and set a disciplined maximum bid after due diligence.

Strategy Rating

• BRRR: ★★★★☆

• Flip: ★★★★☆

• Buy-to-Let: ★★★☆☆