Apartment
A one-bedroom apartment in Sheffield, currently let producing £8,400 per annum.
Situated in the heart of Sheffield city centre surrounded by a variety of amenities and services, is this first floor one bedroomed apartment.
Located on West Street, the property is moments away from a number of popular bars and restaurants. Leopold Square is just a short walk away and the shopping areas of Orchard Square and the Moor are within proximity. Sheffield Theatres, the city hall, the winter gardens and the Millennium Gallery are all within easy reach, providing an abundance of things to do. The local area is well serviced with transport links which include bus and tram services in the immediate area and Sheffield Train Station just over half a mile away. The Royal Hallamshire hospital is just less than a mile from the property and both University Campuses are nearby.
The property itself comprises a double bedroom, bathroom and open plan living room/kitchen.
The property is currently let producing £8,400 per annum and we believe the tenant has paid upfront. Further tenancy information can be found in the legal pack. Prospective buyers are advised to make necessary independent enquiries before placing their bid, as this will be binding.
The property is being offered on behalf of the receivers. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Buyers fee on this lot will be 1.2% including VAT of the sale price.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Leasehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
