Offers in the region of

£110,000

2 bedroom Flat for sale, Sheffield, South Yorkshire, S3

Blonk Street

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2
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Property ref: SCI230328

View brochure
Council Tax: Sheffield City Council Band C
Tenure: Leasehold. 116 year lease
Current ground rent (per annum): £200.00
Maintenance charges (per annum): £2,848.00
  • FOR SALE BY MODERN METHOD OF AUCTION
  • RESERVATION FEES WILL APPLY
  • AUCTION CLOSING DATE 14th MAY @ 2pm
  • BID NOW
  • SUPER RIVER VIEW & JULIETTE BALCONY
  • TENANTED INVESTMENT OPPORTUNITY
  • INCOME OF £950PCM
  • GREAT CENTRAL LOCATION
  • TWO DOUBLE BEDROOMS
  • EWS1 CERTIFICATION B1

FOR SALE BY MODERN METHOD OF AUCTION

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FOR SALE BY MODERN METHOD OF AUCTION - AUCTION CLOSING 14th May @ 2pm - BIDS BEING ACCEPTED NOW

** Investment Opportunity: 2-Bedroom Apartment with £950pcm Rental Income **

Welcome to an exceptional investment opportunity! We present to you a fantastic 2-bedroom apartment located on the 4th floor, offering stunning views of the city landscape. This property is currently tenanted, making it a hassle-free investment for those seeking immediate returns.

Property Overview:
Location: 4th Floor lovely river view
Bedrooms: 2
Rental Income: £950pcm
Condition: Good
Views: City Landscape
EWS1 Graded B1: It has been concluded that the fire risk is sufficiently low that no remedial works are required (Please ask for EWS1 Cert)

Ready-Made Income: This property comes with a tenant in place, generating a generous monthly income of £950pcm. It's a hassle-free investment with immediate returns.

Prime Location: Situated on the 4th floor, the apartment provides breath-taking views of the city, making it an attractive option for potential tenants.

Tenant Details:

Start Date: 12th December 2023
End Date: 11th December 2024
Well-Maintained Property: The apartment is in great condition, minimizing the need for immediate renovations or repairs. This ensures a smooth transition for the new owner.

The Modern Method of Auction:
This property is being offered for sale through the Modern Method of Auction, providing a transparent and efficient way to secure a property. Interested buyers can bid online, ensuring a fair and competitive process.

Why Choose This Investment:

Immediate Income: Earn a monthly rental income of £950 from day one.
Prime Location: Enjoy stunning city views in a sought-after area.

Low Maintenance: The property is in great condition, reducing the need for immediate investments in renovations.

How to Participate in the Auction:
If you're interested in acquiring this lucrative investment opportunity, participate in the Modern Method of Auction. Bidding can be done online, offering a convenient and accessible way to secure this property.

Contact Us:
For further details or to express your interest, please contact our dedicated sales team at [Your Contact Information].

Don't miss out on this fantastic investment opportunity – act now and secure your place in the Modern Method of Auction for this prime 2-bedroom apartment!


**** 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 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 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 £300 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: 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.

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

84

Potential

87

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

Use our calculator to see how much Stamp Duty you may pay if you buy this property.   

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This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of lenders. Make an appointment with our partners, Embrace Financial Services to receive mortgage advice suitable for your needs and circumstances. The data entered into the mortgage calculator must be accurate and up-to-date.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Embrace Financial Services usually charges a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £499 to £999 and this will be discussed and agreed with you at the earliest opportunity.

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