5 Bed Semi-Detached House, Refurb/BRRR, Sheffield, S17 4AQ, £650,000

1 Grove Avenue, Totley, S17 4AQ, Sheffield - 3 months ago

Refurb/BRRR
120 m²
+5 photos

ValuationOvervalued

Sold Prices£425K - £1.2M
Sold Prices/m²£2.7K/m² - £7.8K/m²

 

 

Square Metres

120 m²
Price/m²£5.4K/m²

Value Estimate

£404,694

 

 

End Value (After Refurb)

£496,213

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£42,300

Refurb Costs

£49,032

Bridging Loan Interest

£17,063

Total Cash In

£272,645

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£496,213

Mortgage (After Refinance)

£372,159

Mortgage LTV

75%

Cash Left In

£272,645

Equity

£124,053

Rent Range

£900 - £3,500

Rent Estimate

£1,580

Running Costs/mo

£1,887

Cashflow/mo

£-307

Cashflow/yr

£-3,680

Gross Yield

3%

Local Sold Prices

28 sold prices from £425K to £1.2M, average is £700K. £2.7K/m² to £7.8K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£832K06/230.09 miAshcroft, Hillfoot Road, Totley, Sheffield, South Yorkshire S17 4AP5
£1.1M02/210.25 mi114, Totley Brook Road, Sheffield, South Yorkshire S17 3QU5
£648.7K03/230.29 mi6, Quarry Road, Totley Rise, Sheffield, South Yorkshire S17 4DA5
£895K12/200.3 mi2, Oak View, Sheffield, South Yorkshire S17 3RX5
£730K11/220.41 mi53, King Ecgbert Road, Totley Rise, Sheffield, South Yorkshire S17 3QR5
£490K06/210.44 mi37, Furniss Avenue, Sheffield, South Yorkshire S17 3QJ5
£693K06/210.48 mi2, Furniss Mews, Sheffield, South Yorkshire S17 3RU5
£1.2M09/230.49 mi74a, Church Lane, Dore, Sheffield, South Yorkshire S17 3GT5
£770K01/230.51 mi110, Furniss Avenue, Sheffield, South Yorkshire S17 3QP5
£685K09/220.61 mi26, Mercia Drive, Sheffield, South Yorkshire S17 3QF5
£820K03/210.65 mi15, Church Lane, Dore, Sheffield, South Yorkshire S17 3GS5
£705K06/230.65 mi3, High Trees, Dore, Sheffield, South Yorkshire S17 3GF5
£745K05/230.7 mi8, Totley Brook Road, Sheffield, South Yorkshire S17 3QS5
£695K10/220.71 mi11, Savage Lane, Sheffield, South Yorkshire S17 3GW5
£655K06/230.72 mi38, Townhead Road, Sheffield, South Yorkshire S17 3GA5
£670K10/200.73 mi40, Bushey Wood Road, Sheffield, South Yorkshire S17 3QB5
£638.5K06/210.77 mi86, Devonshire Road, Dore, Sheffield, South Yorkshire S17 3NW5
£568K10/200.78 mi19, The Spinney, Sheffield, South Yorkshire S17 3AL5
£425K02/240.79 mi80, Wollaton Road, Sheffield, South Yorkshire S17 4LG5
£600K06/210.79 mi17, Causeway Head Road, Sheffield, South Yorkshire S17 3DR5
£450K06/210.85 mi46, Longford Road, Sheffield, South Yorkshire S17 4LQ5
£995K12/200.88 mi276, Abbeydale Road South, Totley Rise, Sheffield, South Yorkshire S17 3LN5
£560K02/240.92 mi33, Brinkburn Drive, Sheffield, South Yorkshire S17 3LU5
£815K04/230.93 mi9, Ashfurlong Drive, Sheffield, South Yorkshire S17 3NP5
£787.5K02/210.95 mi14, Ashfurlong Road, Sheffield, South Yorkshire S17 3NL5
£1.2M03/210.95 mi40, Ashfurlong Road, Sheffield, South Yorkshire S17 3NL5
£465.1K01/230.98 mi23, Abbeydale Park Crescent, Sheffield, South Yorkshire S17 3PA5
£785K12/200.99 mi125, Prospect Road, Totley Rise, Sheffield, South Yorkshire S17 4HW5

Local Rents

13 rents from £900/mo to £3.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15008/240.01 miGrove Avenue, Totley, S173
£1,45008/240.24 miBaslow Road, Sheffield, S173
£3,50008/240.27 miOld Hay Lane, Sheffield3
£1,25012/240.27 mi-4
£1,35012/240.27 mi-4
£3,50008/240.34 miTreetops, Old Hay Lane, Dore, Sheffield3
£99007/240.35 mi-3
£1,30007/240.36 miOld Hay Close, Sheffield, South Yorkshire, UK, S173
£1,40008/240.39 mi22 Lemont Road, Totley, Sheffield4
£1,10011/240.49 mi-3
£1,60007/240.52 miStonecroft Road, Sheffield3
£90007/240.53 mi-3
£1,05007/240.61 miGlover Road, Totley Rise, Sheffield3

Local Area Statistics

Population in S17

15,483

Population in Sheffield

548,268

Town centre distance

5.88 miles away

Nearest school

0.10 miles away

Nearest train station

1.33 miles away

 

 

Rental growth (12m)

-11%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £650,000

February 12, 2025

Listed for £670,000

January 15, 2025

Floor Plans

Description

  • Five bedrooms offering plenty of space for families and home offices. +
  • Stunning, westerly facing views over scenic moorland. +
  • First class location, close to outstanding schooling and accessible from the desirable Hillfoot Road. +
  • Heart of the home, open plan dining kitchen with great views. +
  • Large sitting room with wood burner and super views. +
  • Two luxurious shower rooms with elegant tiling framing the modern sanitaryware. +
  • Off road parking for several cars. +
  • Large plot with gardens, outbuilding and under terrace storage, perfect for the keen horticulturist. +
  • Freehold +
  • UPVC double glazing and gas central heating combine to produce an EPC rating of D67. +

Commanding a fine, rural view towards the beautiful moorland that sits above the city skyline yet conveniently placed for access to the local train station, village pubs, some of the best schools in Sheffield, bus services and local shopping. This recently modernised property offers a range of versatile accommodation over three floors to include a fabulous, open plan dining kitchen, five bedrooms (offering the potential for home offices if required) and a large sitting room with a wood burning stove. The property occupies a highly desirable location in the old village of Totley, at the foot of Blacka Moor and will suit a broad range of buyer, particularly the family market who wish to be close to 'outstanding' schooling.

Description - A much improved 1930's semi detached property that is situated in the very desirable neighbourhood of Totley. The current owners have lavished a not inconsiderable amount of time, money and effort in reconfiguring both the internal space and exterior of this property to now form a new and improved entrance to the property from Hillfoot Road. There is now a spacious driveway, that can be accessed from Hillfoot Road, providing off road parking for several vehicles and giving a great first impression to this lovely home. A landscaped path and a short flight of stone steps ascends to the house where access is gained through a large, timber conservatory. Internally the current owners have redesigned the ground floor, when doing their renovations, to now incorporate a fabulous and spacious, open plan dining kitchen as the heart of their home. On the other side of the hallway there is a substantial sitting room which boasts the same super views as the kitchen and a wood burning stove to create a lovely feel in the colder months of the year. Over the next two floors there are five bedrooms and two shower rooms giving the next owners plenty of space and flexibility for home offices and guests, if required. The views from the rear of the house are quite spectacular and improve each floor you climb. Totley is a very desirable locality in Sheffield, situated on the very edge of the city limits, close to the stunning surrounding countryside that can be explored from your own front door. The village is also only approximately six miles south west of the city centre which can be approached via regular bus links on Baslow Road or via train services that run through the local train station (found about a mile away). Local shopping is good and includes a Co Operative supermarket and a number of award winning pubs, restaurants and cafes that combine to make the area popular as a place to go out and socialise. Parents will appreciate the close proximity of three of the best schools in the city, all of which are classed as 'outstanding' in recent Ofsted reports and of course the many parks and sporting facilities that are found in the S17 postcode.

Agent Details

Eadon Lockwood & Riddle, Banner Cross

0114 697 1883

Next Steps?

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