This property is no longer on the market
1 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold (183 years remaining)
- Open plan living kitchen
- For sale by modern method of auction reservation fees will apply
- 10.5% gross return on investment
- Auction open now bid today to secure
- Popular kelham island location
- One bedroom
- No chain vacant possession
- Viewing recommended
Available as an Investment or this would make an ideal first home!
We have an awesome 1 bedroomed apartment looking for its new owner.
10.5% RETURN if you are looking to invest - WOW KELHAM ISLAND DISTRICT FOR A STARTING BID OF JUST £85,000 plus fees*
FOR SALE BY MODERN METHOD OF AUCTION -
AUCTION OPEN NOW - BID TODAY!
Opportunity in Sheffield: 5 Cutlers House, 45a Mowbray Street
Welcome to a fantastic opportunity in the heart of Sheffield! Presenting 5 Cutlers House, a smart 1-bedroom apartment that not only offers a comfortable living space but also comes with a lucrative existing tenancy.
Key Features:
Location:
Cutlers House, 45a Mowbray Street, Sheffield.
Prime location with easy access to local amenities, public transport, and Sheffield city life.
Potential for Increased Returns: With the market rental rate of circa £800-£850pcm, there's room for a significant increase in future returns.
Property Overview:
Bedroom:
Well-designed bedroom with built-in storage, offering both functionality and style.
Bathroom:
Modern bathroom featuring a shower for convenience and comfort.
Kitchen:
Fitted kitchen equipped with appliances, creating a contemporary space.
Living Area:
Open living area connected to the kitchen, providing a spacious and inviting environment.
Investment Potential:
This property presents an opportunity to maximize returns.
Viewings:
Viewings are available now! Don't miss the chance to explore this well-presented apartment and witness the investment potential it holds.
* 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 & TENANTS: 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 traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
SCI220322/2
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference SCI220322. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Reeds Rains - Sheffield.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on May 10, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 10, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 6, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.