1 bedroom Flat For Sale

For sale by Secure Sale Online Bidding. Starting bid £8,000 Terms and Conditions apply.

Presenting a one-bedroom, en-suite, leasehold student flat in Sheffield, offering a well-proportioned living space in a sought-after city location. An ideal choice for those seeking modern city living with convenient access to both Universities. This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately, this presents a transparent process which provides speed, security and certainty for all parties.

An excellent opportunity for an investor to acquire a high yield private student bedroom within a modern shared apartment, or for a parent to secure high quality, low cost accommodation and peace of mind for their child whilst at University. Ideally located in proximity to Sheffield City Centre and within easy reach of both universities and major healthcare facilities.

The accommodation comprises a generously proportioned private bedroom with space for a double bed, study area and storage furniture, together with the added benefit of a private en-suite shower room. Residents of the flat that this room is situated within also enjoy access to well-maintained communal kitchen, dining and living facilities, providing a comfortable and sociable environment ideally suited to student living. The iconic Nebula building in which the property is situated also has a gymnasium, communal social space and staffed reception area.

The development is perfectly positioned for students attending either the University of Sheffield or Sheffield Hallam University, whilst also being conveniently located for the Royal Hallamshire Hospital, City Centre amenities, restaurants, bars, shops and excellent public transport links.

Offered with a tenant currently in situ until February, this property presents an attractive hands-off investment opportunity in one of Sheffield's most established student locations.

Council Tax Band: A

EPC: B

Tenure: Leasehold

Length of Lease: 988

Annual Ground Rent Amount: £500.00

Annual Service Charge Amount: £2,870.00

Currently tenanted with rent received: £95 per week (£4940p.a.)

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

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 of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

MPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Neither Nicholas Humphreys Estate Agent (Sheffield – Broomhill & Crookes) nor the vendor or lessor accept any responsibility in respect of these particulars which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

VIEWINGS

Viewings are highly recommended. Please contact Mark or Sue at our office to arrange your viewing or e-mail at [email protected]  All viewings are by appointment only.

Services

Mains water, gas and electricity are available to the property but none of these, nor any of the appliances attached thereto, have been tested by Nicholas Humphreys, who gives no warranties as to their condition or working order. Telephone service is subject to suppliers’ regulations.

Free Market Appraisals

If you have a property to sell, please contact us to arrange your free market appraisal.

Local Authority

Sheffield City Council, Town Hall, Pinstone Street, Sheffield, South Yorkshire, S1 2HH

Fixtures, Fittings & Appliances

The mention of any fixtures, fittings and/or appliances does not imply they are in full efficient working order.

Internal Photographs

Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.

Measurements

Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.

Money Laundering

Where an offer is successfully put forward we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving licence and a recent utility bill to prove residence. This evidence will be required prior to solicitors being instructed.

General Note

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on these Particulars of Sale as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this agent's employment has the authority to make or give any representation or warranty in respect of the property.

  EPC rating: B. Council tax band: A, Tenure: Leasehold, Annual ground rent: £500, Annual service charge: £2870,