In reply to Tom Ripley Mountain Guide: Cool, Sheffield's on awesome city. Dunno about the mortgage but the nice area's in the West are Crookes, Walkley, Broomhill and Fullwood.
Crookes is cool but full of students, probably looking 120-150 for a three bed.
Walkley's my favourite, small local community - bit old school. Probably looking at 90 -110
Broomhill is a studenty area that runs into Fullwood - Fullwood then runs into the Peak. I've not lived that way, it's expensive!
Nether edge is a nice area, just South of the city, about Walkley prices. Then that runs down to Millhouses which is about the same prices I think. Millhouses is awesome, loved living there but it was just too far away from all my mates.
Good luck!