Spencer The Estate Agent says ..

Property Oracle says ..

This property presents a unique opportunity for a substantial redevelopment project. Located in the desirable Fulwood area of Sheffield, the property’s major draw is its significant land size. The existing structure, as shown in the photographs, appears to be in very poor condition and uninhabitable; requiring complete demolition before any new build can begin. Therefore the purchase is essentially acquiring a large plot of land ripe for development, with the price reflective of the land value and the premium associated with building in Fulwood. There are several excellent schools in relatively close proximity. The area also benefits from reasonably convenient access to transport links. The high list price is a key consideration. While the potential value of a new-build property in this location is high, the development process, planning permissions, and associated costs will incur significant expenditure. Prospective buyers should carefully evaluate these aspects along with conducting full structural surveys and engaging architects and planning consultants to get an accurate assessment of the costs and overall financial feasibility of the project. Therefore, a detailed cost-benefit analysis and a comprehensive due diligence process is crucial before proceeding.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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