No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£40,000
Added < 7 days

Studio for sale

Howard Lane, South Yorkshire S1
Virtual tour
Auction
Chain-free
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Studio
0 bed
1 bath
EPC rating: C*
236 sq ft / 22 sq m

Key information

Tenure: Leasehold | 189 yrs left
Ground rent: £882.23 per annum | review period: unconfirmed
Service charge: £4,115 per annum
Council tax: Band A
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (189 years remaining)
  • For sale by modern method of auction
  • Buyers fees do apply
  • Bidding open now call to register
  • Smart studio accommodation
  • Close to sheffield hallam uni
  • Students and city professionals permitted
  • Complete within a fixed time frame
Studio Apartment AVAILABLE FOR IMMEDIATE VIEWINGS
For Sale via the Modern Method of Auction – Secure, fast, and transparent buying process.
Pearl Works, Sheffield

Why Live at Pearl Works, Howard Lane, Sheffield?
Looking for the perfect city pad? pearl Works has it all! This open-plan studio apartment is the ultimate blend of style, convenience, and practicality – here’s why you’ll LOVE calling it home:

The Apartment: Your Cosy Urban Haven
Open-Plan Studio Living

Space optimized for comfort and functionality.
Seamlessly combines relaxation, work, and dining in one stylish space.
Small Kitchenette

Compact but practical –with a built-In Study Area
Keep your space tidy and chic with storage that blends into your apartment’s sleek design. Bed Included

Move in without the hassle of furniture shopping – just unpack and relax!
En-Suite Shower Room

Modern, stylish interior – Ideal for tenants or personal use.
Rental Potential: Generate £650-£675pcm – excellent investment opportunity!
No Upward Chain – Ready for immediate purchase and rental.
Fixed Timeframes – Enjoy the security of a timely transaction with the auction process.
Why Buy This Property?
Prime Investment Opportunity
This property offers excellent rental yields, making it ideal for investors looking to expand their portfolio or enter the lucrative Sheffield rental market. With the rental income potential of £650-£675pcm, it provides an attractive return on investment.

Location, Location, Location
5-Minute Walk to Sheffield Hallam University – Perfectly situated for students and professionals alike.
Close to the bustling city centre with access to shops, bars, restaurants, and transport links.
A short stroll to cultural hotspots like The Winter Garden, Millennium Gallery, and the iconic Peace Gardens.
Easy access to Sheffield Train Station, connecting tenants or owners to the wider region.
Stress-Free Purchase
Modern Method of Auction ensures a clear, secure, and swift transaction process.
No lengthy delays – buy with confidence within fixed timelines.
Ready to Bid? Don’t Miss Out!
This property is a turnkey investment opportunity in one of Sheffield’s most sought-after locations.

Contact Reeds Rains City Living Sheffield today for more information or to book a viewing.
Visit the auction portal now to place your bid – the clock is ticking!

* 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 most cases.

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    Property reference SCI240437. 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

    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

    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 August 25, 2015 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.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.