4-bedroom house · S35 8QZ
Sold STCListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** freehold ** Dating back to 1854 is this four bedroom, three reception room, two bathroom detached property which is in need of some updating and is ideal for a buyer looking to cosmetically improve to their own personal taste.
Viewing is essential to appreciate the accommodation on offer and includes a host of original features.
The property has lovely tiered lawned gardens and benefits from a driveway, a substantial greenhouse, fully enclosed courtyard, several outhouses, gas central heating and is situated with the village of Grenoside with local amenities, transport links and schools.
The spacious living accommodation briefly comprises: Enter through a front porch with access into the lounge and reception room two.
The lounge has original features and a fireplace, which is the focal point of the room. A large opening with stone arch leads into a dining room, again with a feature fireplace with log burner.
Steps rise to the kitchen which has a range of units with a worktop which incorporates the sink and drainer.
Integrated appliances include an electric oven with a four ring hob with extractor above along with housing and plumbing for a dishwasher. There is a uPVC side door.
From the dining room, double doors open into reception room three, currently used as a games room which in turn leads in reception room two.
From the lounge, a staircase rises to the first floor landing which has access into the useful loft space, the four bedrooms, the family bathroom and a shower room.
The principal bedroom is to the front aspect and benefits from fitted wardrobes. Double bedroom two is to the front aspect and again has fitted wardrobes.
Double bedroom three is to the rear aspect with two windows and fitted wardrobes. Bedroom four, again has two windows, fitted wardrobes and is to the rear aspect.
The bathroom has a four piece suite including a large bath. The shower room has a WC and wash basin. Outside Double gates open to a drive. Lovely split level front lawned garden.
Access down the side of the property which leads onto Middle Lane. There is a fully enclosed courtyard, several outbuildings, an outside WC and substantial greenhouse.
Location The property is situated in the picturesque village of Grenoside, Sheffield.
This property is walking distance to an array of pubs and shops as well as the local woodland, serviced by good public transport routes, surrounded by reputable schools, minutes away from the M1 and with direct roads leading to Sheffield, Barnsley, Rotherham and Manchester.
Material Information The property is Freehold and currently Council Tax Band E. Valuer Greg Ashmore mnaea
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Alma Lodge, 26, Stephen Lane, Sheffield
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