2 bedroom apartment for sale

Method of Sale: Modern Method of Auction
2-Bedroom Apartment | 3rd Floor | Balcony | Tenanted Investment Opportunity

Starting Bid: £140,000
Income: £825 pcm (Tenancy until 21st August 2025)

Property Highlights
Apartment 60 at Cask House offers a rare investment opportunity in the heart of Sheffield, combining modern living with a stable rental income. This spacious 3rd-floor apartment boasts two well-sized bedrooms, a stylish shower room and bathroom, and a private balcony, ideal for tenants who appreciate both comfort and convenience.

Key Features:
Two Bedrooms – Perfect for young professionals or small families
Shower Room and Separate Bathroom – Providing convenience and privacy for tenants
Private Balcony – Enjoy outdoor space with views over Sheffield

EWS1 Rating B1 – Mortgageable property, offering reassurance for buyers and investors

Current Tenancy until August 2025 – Generating steady income of £825 pcm

Location Benefits
Situated in a highly sought-after area of Sheffield, Cask House is ideal for those looking to be close to the city’s vibrant amenities. Sheffield is a thriving city with a strong rental market, largely driven by its universities, hospitals, and business hubs. The apartment’s proximity to local transport links and major roads makes commuting easy, while nearby shopping centres, dining options, and green spaces add to the location’s appeal.

Why Invest in Apartment 60, Cask House?
This apartment is perfect for investors looking to add a low-maintenance, income-generating property to their portfolio. Sheffield’s rental market is buoyant, and demand for quality apartments in central locations remains high. With a tenancy already in place and a current income of £825 pcm, this is an opportunity for immediate rental income with future appreciation potential.

Modern Method of Auction – The Modern Method of Auction provides buyers with a quick, transparent purchase process and is ideal for investors seeking swift transactions. Buyers pay a reservation fee, ensuring greater commitment and minimizing the risk of the sale falling through.

To arrange a viewing or for further information, contact us today. This apartment represents a fantastic investment in a prime Sheffield location, offering stable returns and excellent long-term potential.

* 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 £349 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 most cases.

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