Listed for £140,000
November 15, 2024
For Sale by Modern Method of Auction
59 Cask House, Sheffield
Stylish Two-Bedroom Apartment | Bidding Open Now | EWS1 Rating B1
Property Overview
Type: Two-bedroom apartment
Tenancy: Currently tenanted on a rolling tenancy, offering flexibility for buyers—whether you’re looking to move in yourself or continue renting.
Rental Income Potential: Circa £850 pcm, making this an excellent investment opportunity.
Key Features
Mortgageable Property: The property holds an EWS1 rating of B1, ensuring it meets current safety standards and is mortgageable, please check lending criteria.
Flexible Options: Continue with the existing tenancy for immediate rental income or choose vacant possession to make this stylish apartment your home.
Modern Living: The open-plan layout and modern bathroom make this apartment an ideal choice for contemporary urban living.
Why Live in This Location?
1. Fantastic City Living:
Located in the heart of Sheffield, 59 Cask House offers unparalleled access to everything the city has to offer. From vibrant cultural attractions to world-class shopping and dining, this location is perfect for those who enjoy an urban lifestyle.
2. Excellent Transport Links:
Sheffield's efficient public transport system connects you to the city and beyond, while major road networks are easily accessible. The apartment’s central location also allows for a quick commute to universities, hospitals, and business hubs.
3. Outdoor Spaces and Recreation:
Despite its city-centre location, Sheffield is famed for its green spaces. With nearby parks and the Peak District National Park just a short drive away, you can enjoy the best of city and countryside living.
4. Strong Rental Demand:
Sheffield boasts a thriving rental market, making this property a smart choice for investors. Its proximity to key amenities and attractions ensures high tenant demand.
Why Buy via Modern Method of Auction?
Transparency: The process is straightforward, with clear bidding and pricing.
Fair Opportunity: This method ensures all interested parties have a chance to secure the property.
Efficiency: A quick and streamlined process means you could complete your purchase faster than through traditional methods.
Buyers Reservation Fee: Please note that fees apply for this type of sale. Contact us for full terms and conditions.
Register Your Interest Today
Bidding is Open Now! Don’t miss this incredible opportunity to own a stylish and versatile property in one of Sheffield’s most vibrant locations.
Call us today to arrange a viewing or to register your interest.
AUCTION TERMS
Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
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