This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1 bedroom Flat for sale, Bailey Street, Sheffield, S1
Features and Description
- READY TO BID & SECURE TODAY
- NO CHAIN – VACANT POSSESSION
- ONE BEDROOM APARTMENT
- OPEN PLAN LIVING & KITCHEN AREA
- ACCESS TO COMMUNAL PATIO SPACE
- POTENTIAL RENTAL INCOME OF £700–£725 PCM
- IDEAL ADDITION TO A BUY-TO-LET PORTFOLIO
- CASH BUYERS ONLY – EWS1 CERTIFICATE AWAITED
Ready to Bid & Secure Today!
No Chain | Vacant Possession | Excellent Investment Opportunity
An exciting opportunity to acquire this well-presented one-bedroom apartment situated within the popular Mandale House development. Offered with no onward chain and vacant possession, this property is ready for its next owner to secure immediately.
Whether you are an experienced investor looking to expand your portfolio or a cash buyer seeking a competitively priced city apartment, this property offers excellent potential and immediate availability.
Property Features
One-bedroom apartment
Well-presented throughout
Open-plan living and kitchen area
Modern bathroom suite in white
Access to a communal patio area
Vacant possession
No onward chain
Potential rental income of approximately £700–£725 per calendar month
Ideal buy-to-let investment
Accommodation
The apartment offers a bright and practical layout comprising an open-plan living and kitchen space. The double bedroom provides comfortable accommodation, while the bathroom is fitted with a contemporary white suite.
Residents also benefit from access to a communal patio area, providing useful outdoor space within the development.
Why Buy This Property?
Strong Investment Potential
With an anticipated rental income of approximately £700–£725 per calendar month, this apartment presents an attractive opportunity for landlords seeking a straightforward addition to their portfolio.
Vacant & Ready to Go
No need to wait for tenants to vacate or for lengthy chains to complete. The property is offered with vacant possession, allowing for a quicker transaction and immediate plans for occupation or letting.
Affordable Entry Point
A fantastic opportunity to acquire a city apartment at an attractive price point, making it suitable for both seasoned investors and those looking to enter the property market.
Low-Maintenance Living
The practical layout and manageable size make this an appealing property for tenants seeking modern apartment living close to city amenities.
Important Information
EWS1 certification is currently awaited. As a result, we understand that mortgage lending may be restricted at present, and prospective purchasers should make their own enquiries with lenders and advisers. Consequently, the property is likely to be most suitable for cash buyers.
Location
Mandale House enjoys a convenient Sheffield location with excellent access to the city centre and surrounding amenities. Sheffield is renowned for its vibrant mix of culture, employment opportunities, universities, shopping facilities, restaurants and leisure attractions.
The property is well placed for:
Sheffield City Centre
Excellent public transport links
Local supermarkets and convenience stores
Popular bars, cafes and restaurants
The University of Sheffield and Sheffield Hallam University
The railway station and major road networks
Sheffield continues to attract strong rental demand from professionals, students and those working within the city, helping to support long-term investment prospects.
Viewing Recommended
Properties offering vacant possession, strong rental potential and attractive pricing are always popular. Early interest is encouraged to avoid disappointment.
Ready to bid and secure now, don't miss this opportunity to grab a bargain today.
**** AUCTION TERMS ****
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 77 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 4.5% 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. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Bailey Street, Sheffield, S1
Additional Information
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Property refSCI260190
-
EPCC
-
TenureLeasehold
-
Lease length105 years
-
Council TaxA
-
Local authoritySheffield City Council
-
Ground Rent£386
-
Ground Rent ReviewContact the branch
-
Service Charge£2,255
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