Offers over

£30,000

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

Furnace Hill

Property ref: SCI230243

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Council Tax: Sheffield City Council Band A
Tenure: Leasehold. 118 year lease
Current ground rent (per annum): £451.00
Maintenance charges (per annum): £2,003.00
  • FOR SALE BY MODERN METHOD OF AUCTION
  • RESERVATION FEE WILL APPLY
  • AUCTION CLOSING 16TH May @ 12 be quick!
  • GREAT ON SITE FACILITIES FOR TENANTS
  • SOLD TENANTED AND GENERATING INCOME
  • CENTRAL LOCATION
  • WALKING DISTANCE TO BOTH UNIVERSITIES
  • ON-SITE PROPERTY MANAGER
  • EPC C
  • COUNCIL TAX A

BUY TO LET STUDENT ACCOMMODATION

The pin shows the exact address of the property 

FOR SALE BY MODERN METHOD OF AUCTION - CLOSING DATE 16th May @ 12 o'clock be quick don't miss out! Bids also being taken prior

** CALLING ALL BUY TO LET INVESTORS - POTENTIAL 19.9% Gross Yield **

An opportunity to acquire a smart studio apartment location in a well maintained student development.

The property is managed by Urban Student Life who also provide an on-site concierge service for support to the residents. They also manage the re-let and tenancy.

Sorry no weekend viewings are available for this property as all viewings are conducted via Urban Student Life. Do check out our virtual viewing if you are unable to attend weekday viewings!

Check out the web direct: https://www.urbanstudentlife.com/student-accommodation/sheffield/westbar-house


On-site facilities:
PROPERTY AMENITIES
Communal Lounge
Gym
Courtyard
Study Room
Communal TV
Up To 50Mbps* Internet
CCTV
Onsite Maintenance
Bike Storage
Laundry Room
Post Collection
Central Location
Table Tennis
All Utility Bills Included

Tenancy Period: : 9 September 2023 to 31August 2024
Weekly Rate: £138.00

**** 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 £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

77

Potential

77

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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You pay from 23rd September 2022

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. For more information on Stamp Duty Land Tax, click here.

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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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