£55,000 /Sale price

*FOR SALE VIA TRADITIONAL AUCTION * GUIDE PRICE £55,000* BIDDING CLOSES TBA* FEES APPLY * REGISTER YOUR INTEREST AT HUNTERS.COM SELECT AUCTIONS***CASH BUYERS ONLY CLADDING REPLACEMENT COVERED IN FULL BY THE CLADDING SAFETY SCHEME ***Hunters Hillsborough are delighted to present a 3rd floor one bedroom apartment situated in the Q4 Development Ideally placed for the Sheffield City's amenities including the Supertram Network system, the University of Sheffield and many shops, bars and restaurants. Currently rented out at £550 PCM which could easily be increased in line with market value to around £625, this could be a ready made investment opportunity. This modern development commands an imposing position at the corner of Upper Allen Street and Brocco Street. Entry into the building via secure intercom into the communal entrance with access to stairs and lifts to all floors. Entrance hallway with laminate flooring through to the open plan living space. Utility cupboard having space for a washer/dryer. Bathroom with white three piece suite comprising bath, shower over bath, sink basin and W/C. Double bedroom with a full wall of built-in wardrobes. Spacious open plan lounge, kitchen diner with a large floor to ceiling window and space for a sofa and dining table. The kitchen area has a good range of wall and base units with a built-in electric oven, hob, fridge, freezer and dishwasher.Note for buyers: There is currently scaffolding on the building due to the cladding remediation work being carried out.NOTE FOR BUYERS:Traditional Online Auction Information:Please note: this property is for sale by Traditional Online Auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.Fees:On Exchange of contracts, the buyer must pay 10% towards the purchase price of property. £2,600 of this 10% is charged immediately online, with the remainder payable by 12pm the next business day. There is an additional buyer premium of £3,000 (incl. VAT) which will be charged immediately online.Hunters and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.FOR BIDDING AND LEGAL INFORMATION PLEASE VISIT HUNTERS.COM/AUCTIONSGeneral Remarks - GENERAL REMARKS TENURE The property is Leasehold with 108 years remaining at a cost of £300 per annum - the service charge is £880 per annum RATING ASSESSMENT We are advised by the Local Authority that the property is assessed for Council Tax Band ACASH BUYERS ONLY EWS1 B2 Rating - Cash Only PurchaseBy law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously. In line with HMRC guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf. Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically. A non-refundable fee of £45 + VAT per person will apply for these checks, and Coadjute will handle the payment for this service. These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale. Please contact the office if you have any questions in relation to this.