- For Sale by Modern Auction - T&c's apply +
- Subject to Reserve Price and Buyers Fees apply +
- Leasehold. +
- The Modern Method of Auction +
- Entrance Hall. Open plan dining/kitchen arrangement that acts as a great communal space. +
- Ground floor double bedroom. Two first floor double bedrooms. Large attic double bedroom. +
- Shower room with W.C alongside an additional, and separate W.C. +
- Superb rental income of £17'952 for the 2024/2025 academic year and advertised for the following calender year until June 26 at £18'304 +
- Great location for students, close to Sheffield University and the main city hospitals. +
- Council Tax Band C, EPC rating D55 and an 800 year lease from 1945 @ £3 per annum. +
ATTENTION INVESTORS: A spacious, end of terrace, 4 bedroom, student property that generates an impressive £17,952 per annum (£86.30 per person, per week) and is currently let until June 2025. The property is now being advertised for the following calendar year until June 2026 via Dove properties at an improved, £88 per person per week (£18'304). The property is ideally placed for access to both Sheffield and Sheffield Hallam Universities and has been successfully fully let with the current agents since June 2021 and continually let privately before that, since 2011.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Description - This end of terrace property is ideally placed for access to both Sheffield and Sheffield Hallam Universities was recently re-roofed (in 2022) and re carpeted in 2023. The property, however, is in need of some mid-to-long-term renovations in some places, as some aspects of the property are now outdated, including the kitchen, but overall the property makes a fantastic investment opportunity. . There are four double bedrooms, situated over three floors and a smart, open plan kitchen diner arrangement at the end of the entrance hallway helping to make this property such a popular choice among prospective tenants over the years and a great investment for the owners. The area of Commonside is very much something of a hidden gem, well served by an excellent range of amenities that include regular transport links into town and a number of busy pubs that create a great social scene.