Flat for sale in Apartment 304 Pearl Works, 2 Howard Lane, Sheffield, South Yorkshire S1

For sale by online auction on Tuesday, 14 May 2024 ending at 14:04

apartment in sheffield city centre let and achieving £7,800 per annum !

A 3rd floor, studio apartment, sold with a tenant in situ, in Sheffield City Centre.

The apartment briefly comprises a Living Area with a Kitchenette, and a Shower Room.

The apartment block is entered via a secure intercom system and has lift access to all floors. Residents have the use of a pay as you go laundry room and conveniently there is a small Tesco supermarket situated on the ground floor. Ideally situated on the Hallam University campus, just a short stroll from the Sheffield train station.

Generating a rental income of £650pcm / £7,800pa.

Material information:

There is no parking available with the property. There are various local car parks within a few minutes walk of the property.

We understand the property is Leasehold 200 years less 3 days from and including the 19 December 2013

Cost of lease pa: £882.23

Service charges: £2004.10 pa

EPC Rating: C

Additional Fees
Buyers Premium: Buyer's Premium is non-refundable £1,200 inc VAT, payable upon the fall of the virtual gavel.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.