37, Leppings Lane, Sheffield, South Yorkshire, S6 1SS

Description

Ideal renovation and investment opportunity. Vacant, two bedrooms plus attic room end terrace property. A two/three bedroom end of terrace property set within the popular area of Hillsborough on the outskirts of Sheffield city centre. The property requires a full scheme of modernisation and refurbishment throughout and offers excellent potential for investors and developers. The accommodation is set over three floors and includes two reception rooms, kitchen area, storeroom/potential for utility room, two bedrooms plus an attic room, bathroom, rear garden and garage. This property presents an excellent opportunity to refurbish and add value in a popular location close to many shops, amenities and transport links.

Accommodation

Ground Floor: Side Entrance, Lounge, Dining Room, Kitchen Area, Storeroom. First Floor: Landing, Two Bedrooms and Bathroom. Second Floor: Attic Room. External: Garden and Garage to the Rear.

Location

Popular area of Hillsborough on the outskirts of Sheffield city centre, close to many shops, amenities and transport links.

Tenure / Property Information

Investment Analysis

The strongest evidence is the same-street sale at £175,000 on 25 February 2026, with another same-street sale at £161,000 on 17 October 2025. Older evidence ranges from £146,000 to £202,000. Given the subject requires full modernisation and refurbishment, a base post-works GDV of £175,000 is indicated, with an evidence-supported range of £161,000–£202,000. Exact comparability, floor area and post-refurbishment specification are not supplied.

Investment Snapshot

Strategy Recommendation

Proceed only after a detailed inspection, measured refurbishment quotation, leasehold-cost confirmation and review of the Special Conditions. The opportunity is potentially suitable for a refurbishment-led resale or refinance, but the missing works and rental data prevent a firm investment case.

Works Required

Full modernisation and refurbishment throughout, as described by the auctioneer. The works scope, condition of the structure, heating, kitchen, bathroom, attic room, garage and external areas require inspection and quotation before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A 75% refinance against the base GDV would indicate £131,250 before lender criteria and costs. Total project cost cannot be calculated because refurbishment costs, seller charges and leasehold charges are unavailable. At the £105,000 guide, the known guide price plus the £1,800 buyer administration charge is £106,800 before works and other costs.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. The property is vacant and requires full refurbishment. Service charge, ground rent and any seller charges are also unconfirmed.

Flip Analysis

The evidence indicates a base post-works GDV of £175,000, but no refurbishment allowance or selling-cost allowance is supplied. A reliable flip surplus and maximum bid therefore cannot be calculated. The £161,000–£202,000 comparable range should not be treated as a guaranteed resale value.

Investor Risks & Due Diligence

• Full modernisation and refurbishment is required, but no works budget is provided.

• The leasehold service charge, ground rent and review terms are unconfirmed.

• Additional seller fees may be payable under the Special Conditions of Sale.

• Heating details are unavailable.

• No sufficiently specific rental evidence is available, so BTL yield cannot be established.

• The subject property's exact floor area, condition and post-works specification are not supplied.

• Comparable sales range from £146,000 to £202,000 and may not be directly comparable.

Recommendation

Proceed only after a detailed inspection, measured refurbishment quotation, leasehold-cost confirmation and review of the Special Conditions. The opportunity is potentially suitable for a refurbishment-led resale or refinance, but the missing works and rental data prevent a firm investment case.

Strategy Rating

Analysis Confidence

There are several relevant same-street completed sales and clear property information, but refurbishment costs, rental evidence, leasehold charges, heating details, floor area and possible seller fees are unavailable.