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

Description

Spacious five bedroom period property arranged over three floors, requiring complete renovation and offering substantial potential. The property retains original features including the staircase, high ceilings and generous room sizes. Offered for sale on a leasehold basis.

Accommodation

Ground floor: entrance hall, bay-fronted living room, separate dining room, kitchen and conservatory overlooking the rear. Cellar providing storage with scope for various uses subject to necessary consents. First floor: three bedrooms and a family bathroom. Second floor: two further bedrooms. Outside: off-road parking to the rear and an outside toilet.

Location

Located in the heart of Broomhill, within easy reach of local shops, cafés, schools, universities, hospitals and Sheffield city centre.

Tenure / Property Information

Investment Analysis

The supplied completed sales range from £275,000 to £370,500, but they are from 2012–2022, mainly describe different property types, and do not provide condition, size or bedroom comparisons. They therefore indicate local value context but do not support a reliable current GDV for this five-bedroom property requiring complete renovation.

Investment Snapshot

Strategy Recommendation

Do not commit above the guide range without obtaining a full legal-pack review, lease assessment, detailed refurbishment quotation and independent current valuation. The opportunity should remain conditional rather than pursued on the present evidence.

Works Required

Complete renovation as stated in the description, with appropriate updating of the accommodation while retaining the original staircase, high ceilings and other period features. The cellar may have scope for additional use only subject to the necessary consents. The lease and legal pack should be reviewed before specifying works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be established without a supported post-works GDV, refurbishment budget, rent and full lease/legal information. The stated £3,600 administration charge is known, but other possible fees are unspecified.

Buy-to-Let Analysis

A BTL assessment cannot be established because no sufficiently specific rental comparables or auctioneer rent estimate were supplied. Complete renovation, unknown lease terms and potentially additional auction costs also prevent a reliable total-cost or yield calculation.

Flip Analysis

A flip assessment cannot be quantified. The available sold comparables provide local context, but their dates, property types and unknown condition make them insufficient to establish a reliable resale GDV. No refurbishment or selling-cost allowance is supplied.

Investor Risks & Due Diligence

• Complete renovation is required.

• Lease terms are stated to be in the legal pack and remain unknown.

• No sufficiently specific rental evidence or auctioneer rent estimate is supplied.

• The available sold comparables vary in property type and date and do not establish a reliable current GDV.

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

• Any cellar change of use is subject to necessary consents.

Recommendation

Do not commit above the guide range without obtaining a full legal-pack review, lease assessment, detailed refurbishment quotation and independent current valuation. The opportunity should remain conditional rather than pursued on the present evidence.

Strategy Rating

Analysis Confidence

The property description and historical completed sales are available, but current GDV, refurbishment cost, rent, lease details, EPC, heating and several auction costs are unsupported or missing.