37 Sheldon Road Nether Edge, Sheffield, South Yorkshire, S7 1GT

Description

An excellent opportunity to acquire this substantial five bedroom mid terrace property situated in the highly sought after area of Nether Edge, Sheffield. Arranged over three floors, the property offers plenty of space with five bedrooms, 2 bathrooms and great potential for someone looking to take on a full renovation. In need of modernisation and refurb throughout, it would suit investors, developers or buyers looking to put their own stamp on a property and add value.

Accommodation

Arranged over three floors with five bedrooms and 2 bathrooms.

Location

Located in the popular area of Nether Edge, the property is well placed for a range of local shops, cafés, restaurants and parks. Sheffield city centre is also easily accessible, making it a convenient location for both families and commuters.

Tenure / Property Information

Investment Analysis

Same-road completed sales range from £70,000 to £360,000, with the most recent supplied sale being 51 Sheldon Road at £230,000 on 11 June 2026. Other sales include £293,500 in 2022 and £360,000 in 2023. Condition, floor area and specification of the comparables are not supplied, while this property requires modernisation and refurbishment. A base GDV of £293,500 is therefore an indicative midpoint based on the supplied evidence only, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only subject to a full survey, detailed refurbishment quotation, legal review and confirmation of all auction fees. Do not bid on the current evidence alone; a flip is the clearest potential strategy, while BTL and BRRR remain unquantifiable.

Works Required

Full modernisation and refurbishment as described by the auction particulars. The evidence does not identify specific defects, services, structural issues, kitchen or bathroom scope, or provide a works budget, so a reliable cost estimate cannot be produced.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A potential BRRR route exists in principle because the property is vacant and has five bedrooms, but the analysis cannot be underwritten without refurbishment costs, achievable rent, finance costs and confirmed acquisition fees. On the indicative base GDV, 75% refinance is £220,125; this cannot be compared with total project cost because works and other costs are unsupported.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant and requires refurbishment, and no operating, finance or total project costs are available. The £3,600 including VAT non-refundable admin charge is known, while further special-condition and buyer-related fees may apply but are unquantified.

Flip Analysis

A flip may be possible if the refurbishment cost is sufficiently controlled, with supplied same-road completed sales indicating a broad £230,000 to £360,000 value range. However, no refurbishment budget, resale costs, finance costs or detailed comparable specifications are supplied, so flip surplus and a maximum bid cannot be calculated reliably. The £3,600 admin charge is payable on exchange, with possible additional fees.

Investor Risks & Due Diligence

• Full refurbishment scope and cost are unknown.

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

• Comparable sale prices vary materially and their condition, size and specification are not supplied.

• Additional buyer, legal, search, transfer or seller-cost reimbursements may apply and are unquantified.

• Leasehold title requires legal review despite the stated 500-year term and £8 annual ground rent.

• Vacant possession means there is no existing passing rent to support immediate investment income.

Recommendation

Proceed only subject to a full survey, detailed refurbishment quotation, legal review and confirmation of all auction fees. Do not bid on the current evidence alone; a flip is the clearest potential strategy, while BTL and BRRR remain unquantifiable.

Strategy Rating

Analysis Confidence

There are several completed same-road sales and clear tenure, occupancy and accommodation information, but no rental evidence, refurbishment budget, detailed condition report, floor area, parking information or complete fee schedule. Comparable sale conditions and specifications are also unknown.