Summary - 54 Wade Street, SHEFFIELD S4 8HW
3 bed 1 bath Terraced
HMO potential near Northern General Hospital, ideal for hands-on landlords.
Vacant three-bedroom mid-terrace plus attic room (flexible use)
Guide price £65,000; sale by auction 18 Nov 2025
783 years remaining on lease; nominal £1.50 ground rent
Rewired in 2022 with fire alarm and emergency lighting
EPC Rating C; mains gas boiler and radiators
Solid brick walls likely without insulation; needs modernisation
Contract documentation fee £1,500 payable by buyer at completion
Located in a very deprived area; on-street parking only
Set for auction on 18 November 2025 with a guide price of £65,000, this vacant mid-terrace offers clear short-term income potential. The property is arranged over three floors with three bedrooms plus an attic room; recent rewire (2022) included fire alarms and emergency lighting. With an EPC rating of C and mains gas central heating, it is habitable but basic.
The house suits investors seeking an affordable HMO conversion or a landlord wanting simple buy-to-let stock near the Northern General Hospital. The current layout could let as a small HMO without an HMO licence, or be modernised into a family home. The long lease (approx. 783 years remaining) and nominal ground rent are practical legal features for purchasers.
Buyers should allow a refurbishment budget: walls are solid brick with assumed no insulation, rooms are small, and internal fittings will need modernising. Viewings are at buyer’s risk and the auction sale includes a £1,500 contract documentation fee plus possible additional seller charges — factor these into purchase costs.
This is a value-driven, small-footprint property in a very deprived area with on-street parking only. It is best for hands-on investors or renovators prepared to manage a modest refurbishment and local letting.
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