Flat for auction in Sheffield

Description

A spacious 4/5 bedroom Victorian Semi detached property with large rear garden, located in this much favoured residential area close to Meersbrook Park. The property comprises two self contained flats over three floors that require some improvement but offer excellent potential for ongoing letting of reversion to a large family home.

Accommodation

Flat 1
Ground Floor - Entrance Hallway, Lounge,

First Floor - 2 Bedrooms, Kitchen & Bathroom/WC

Second Floor - 2 Bedrooms

Flat 2
Ground Floor - Entrance Lobby, Living Kitchen, Bedroom & Bathroom

Basement
Front & Rear Cellars

Outside

Large rear garden.

Tenure

Leasehold

Occupancy

Vacant posession upon completion

Costs

Auction Details

The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Addendum

Lease term - 800 years from 25.3.1897

Ground Rent £8 pa