About this property

Addendum To Printed Catalogue

A 14 day completion applies to this lot.
New guide price £100,000+
In regards to missing information on the LPE1 form: in regards to 9.5 on the leasehold information form, an obligation imposed on the lessee is that the planning permission for the site states that it may only be occupied by students.


A townhouse property with six bedrooms and holding a full HMO license to suit landlord investor buyer within easy reach of Sheffield City Centre

This purpose built student residence has six bedrooms with shared facilities, gas central heating and double glazing. The townhouse has a full HMO license valid till the 25th January 2021.There is accommodation over three floors of around 1278 sq ft and the unit now requires cosmetic improvement throughout. The property will appeal to landlords and investors looking for a unit to let and generate a sizeable income.

Listed By

Blundells Property Auctions
Head Office
2 Cotton Street
Liverpool
L3 7DY

t. 0114 254 1185
auctions@countrywide.co.uk

Full Description

Location

The property lies to the South East of Hallam University and within easy access to Sheffield City Centre in a popular student style village. There are excellent road and bus links to and from the centre, local shops, supermarkets and amenities along with the train station being within a short distance.

Ground Floor

Hallway, communal kitchen/living space (22’9x9’9), bedroom one (13’x9’9) with sink and cupboard, bedroom two (11’3x9’9) with sink and cupboard.

First Floor

Landing, shower room, separate W.C., bedroom three (12’6x9’9) with sink and cupboard, bedroom four (12’6x9’9) with sink and cupboard.

Second Floor

Landing, shower room, separate W.C., bedroom five (12’6x9’9) with sink and cupboard, bedroom six (12’6x9’9) with sink and cupboard.

Outside

Communal grounds and areas.

Tenure

Leasehold
Ground Rent £500.00p/a paid in advance, collected 1/2 yearly.
Service charge is approximately £1700p/a, collected in 1/2 yearly.
Bins to follow:
30/11/14 - 29/11/18
(approx. £400.00 PA - no invoice provided)

EPC
Energy Efficiency Rating C

Auction Valuer

Lucy Crapper ANAVA

HMO

Sheffield City Council has confirmed the property does have an HMO license and this is valid till the 25th January 2021.
Interested parties are referred to Sheffield City Council on 0114 273 4680
or www.sheffield.gov.uk ( Licensing of houses in multiple occupation section).

Viewing

Strictly by appointment with joint agent Blundells Gleadless 0114 2655767
For any other auction enquiries please call the auction team on 0114 2541185

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Photos
Map

Unit 103, Norfolk Park Student Res, Norfolk Rd, Sheffield

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Countrywide Property Auctions

Head Office
2 Cotton Street
Liverpool
L3 7DY

Tel: 0114 254 1185

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* Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyer's Fee

A successful purchaser will also be required to pay a Buyer's Administration charge of £950+VAT (£1140 including VAT @ 20%) (unless stated otherwise within the property description in the catalogue) by cheque made payable to Countrywide.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).

Blundells Property Auctions

Blundells Property Auctions is a trading name of Countrywide Estate Agents.

Head Office

2 Cotton Street
Liverpool
L3 7DY

Tel: 0114 254 1185
Email: auctions@countrywide.co.uk