- FIVE BEDROOM HMO +
- LOCATED NEXT TO NORFOLK PARK +
- 1 MILE WALK TO SHEFFIELD HALLAM UNIVERSITY +
- COMMUNAL LIVING ROOM +
- SEPARATE SHOWER ROOM & W.C. +
- POTENTIAL INCOME YEILD OF £24,700 PA @ £95PPPW +
- ENERGY PERFOMANCE RATING C +
*FOR SALE VIA TRADITIONAL AUCTION * GUIDE PRICE £100,000 * BIDDING CLOSES (TBC)* FEES APPLY * REGISTER YOUR INTEREST AT HUNTERS.COM SELECT AUCTIONS
Nestled in the desirable area of Norfolk Park, Sheffield, this impressive town house offers a fantastic opportunity for those seeking a spacious and versatile investment with five well-proportioned bedrooms, this property is ideal for those looking to invest in a House in Multiple Occupation (HMO).
The heart of the home features a welcoming communal living room, perfect for relaxation and socialising with housemates. The layout promotes a sense of community while still allowing for personal space in the generously sized bedrooms. The property also includes a well-appointed shower room and separate w.c., ensuring convenience for all residents.
Situated just one mile from Sheffield Hallam University, this location is particularly appealing for students and professionals alike, providing easy access to the university's facilities and the vibrant city centre. The surrounding area boasts a range of local amenities, parks, and transport links, making it an excellent choice for those who appreciate both convenience and a pleasant living environment.
This five-bedroom HMO in Norfolk Park is not just a house; it is a home that offers comfort, space, and a prime location. Whether you are looking to invest or seeking a new place to call home, this property is well worth your consideration.
NOTE FOR BUYERS:
Traditional Online Auction Information:
Please note: this property is for sale by Traditional Online Auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.
Fees:
On Exchange of contracts, the buyer must pay 10% towards the purchase price of property. £2,600 of this 10% is charged immediately online, with the remainder payable by 12pm the next business day. There is an additional buyer premium of £3,000 (incl. VAT) which will be charged immediately online.
Hunters and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
FOR BIDDING AND LEGAL INFORMATION PLEASE VISIT HUNTERS.COM/AUCTIONS
General Remarks - TENURE
This property is Leasehold with a term of 125 years from 1st January 2007 at a ground rent of £500 per annum.
SERVICE CHARGE
There is a service charge payable of £1036 per annum.
RATING ASSESSMENT
We are verbally advised by the Local Authority that the property is assessed for Council Tax purposes to Band A.
VACANT POSSESSION
Vacant possession will be given on completion and all fixtures and fittings mentioned in the above particulars are to be included in the sale.
MORTGAGE FACILITIES
We should be pleased to advise you in obtaining the best type of Mortgage to suit your individual requirements.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED ON IT.
Anti-Money Laundering Checks - By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously. In line with HMRC guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf. Coadjute will send a secure link for you to complete the biometric checks electronically. A non-refundable fee of £45 + VAT per person will apply for these checks, and Coadjute will handle the payment for this service. These anti-money laundering checks must be completed before we can set your property live.