Flat for sale in Bailey Street, Sheffield, South Yorkshire S1

Offers over £72,000
Interested in this property? Call +44 114 446 9198 * or Request Details

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Flat for sale - 1 bedroom

1 1 1 EPC Rating: B EPC Rating: B

Tenure:
Leasehold
Time remaining on lease:
107 years
Service charge:
£2,800 per year
Ground rent:
£385
Council tax band:
B

Property features

  • Larger than average one bedroomed apartment
  • Central city location
  • Seeking cash buyers only
  • Starting bid of just £72,000
  • Allocated residents parking
  • Large balcony
  • Great investment opportunity
  • Viewings available immediately

Property description

For sale by modern method of auction

Welcome to Mandale House, where luxury meets convenience in the heart of Sheffield. This stunning one-bedroom apartment offers more than just a place to live. With a spacious layout, balcony, allocated parking space, and an unbeatable location, this property is a rare find.

Key Features: Spacious One-Bedroom Apartment: Experience the comfort and style in this larger than average one-bedroom apartment. Thoughtfully designed living spaces ensure ample room for relaxation and entertaining.

Private Balcony: Step out onto your own private balcony and enjoy views of the surrounding area. Whether you're sipping your morning coffee or unwinding after a long day, this outdoor space is perfect for all occasions.

Allocated Parking Space: Say goodbye to the hassle of searching for parking. With your own allocated parking space, convenience is at your fingertips every time you come home.

Modern Method of Auction: This property is available for sale by modern method of auction, with a starting bid of just £72,000. Don't miss out on the opportunity to make this your own.

Cash buyers are required for this transaction.

Great Investment Opportunity: Whether you're a seasoned investor or a first-time buyer looking to make a smart investment, 86 Mandale House is the perfect choice. With the potential to achieve circa £800pcm on an assured shorthold tenancy arrangement, the rental income speaks for itself.

Vacant with No Chain: Move in hassle-free, as this property is vacant and ready for its new owner.

Location: Situated in a highly sought-after area of Sheffield, Mandale House offers unparalleled convenience. With easy access to local amenities, transport links, and green spaces, everything you need is right at your doorstep. Whether you're exploring the vibrant city center or escaping to the nearby countryside, the possibilities are endless.

Don't Miss Out: Don't let this opportunity pass you by. Whether you're searching for your dream home or a lucrative investment, Mandale House ticks all the boxes. Arrange a viewing today.

**** 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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Property info

Floorplan(s): Floor-Plan

Floor-Plan View original

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For more information about this property, please contact
Reeds Rains - Sheffield City Living, S1 on +44 114 446 9198 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Reeds Rains - Sheffield City Living, and do not constitute property particulars. Please contact Reeds Rains - Sheffield City Living for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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