Guide price
£50,000
1 bed flat for saleWest Bar, Sheffield S3
1 bed
1 bath
1 reception
EPC Rating: E
- Chain free
- Auction
Pattinson - Auctions
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About this property
Being Sold via Secure Sale Online Bidding T&c's Apply
First Floor Studio Apartment
City Centre Location
Close To Local Amenities
No Chain
Tenant in Situ Achieving 480pcm
Summary
Located within the centre of Sheffield is this first floor studio apartment which is offered with no chain involved, but sold with a Tenant in Situ, currently achieving 480 per calendar month.
The property provides access to transport links, bars, restaurants, university and local amenities in and around the city centre. Of interest to landlords / investors or private buyer.
The property briefly comprises of security communal entrance door leading into the communal entrance hall where there are stairs and lift to all floors. Access to the property is via a private entrance door from the first floor landing which leads an inner lobby and through to the living accommodation. Open plan living room / bedroom having two front facing windows, coving to the ceiling and laminate flooring. Kitchen area with two front facing windows, wall and base units, one and a half bowl sink, electric oven, hob, extractor hood, space for fridge, washing machine and tiled splash backs. Bathroom having a three piece suite which comprises of low flush w.c, wash hand basin, bath with shower over and tiling to the floor and walls.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 89
Annual Ground Rent Amount: 5.00
Annual Service Charge Amount: 1,000.00
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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