Terraced house for sale in City Road, Sheffield, South Yorkshire S2

Central Living in Sheffield: City Road

Welcome to City Road, a charming 3-bedroom mid-terraced home nestled in the heart of Sheffield. This property presents a lucrative opportunity for homeowners and investors alike, boasting a spacious interior and a prime location. Currently available for sale via the modern method of auction, with a starting bid of only £130,000, this home offers incredible value for money.

Key Features:

Three Bedrooms: Experience comfort and versatility with three bedrooms, offering ample space for personalization.

Modern Method of Auction: Take advantage of the modern method of auction, providing a transparent and efficient way to secure this desirable property.

Lucrative Investment: With a current tenancy in place, generating a monthly income of £700pcm, this property presents an attractive investment opportunity. The tenancy is on a periodic basis, offering flexibility for future plans and the possibility of obtaining vacant possession.

Prime Location: Situated in the vibrant city of Sheffield, City Road enjoys proximity to an array of amenities, including shops, restaurants, schools, and transport links, ensuring convenience for residents.

Why Choose City Road:

Whether you're a first-time buyer looking for a cosy property to make home or an investor seeking a lucrative opportunity, City Road ticks all the boxes. With its modern auction process, attractive rental income, and potential for vacant possession, this property offers flexibility and potential for growth.

Open Day Viewings:

Don't miss your chance to explore this exceptional property! Call immediately to secure your spot at our upcoming Open Day for viewings.

**** 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.

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