Middlewood Rise, Sheffield

Overview

Being Sold by Online Auction
Starting Bids from: £145,000
Hunters Hillsborough are delighted to present a two bedroom top floor apartment, in the popular residential area of Wadlsey Park Village. Set within the private, gated grounds of this beautiful converted Grade II listed building ideally located for the Sheffield Supertram network and the local amenities that Hillsborough has to offer. Appealing to investors, the property is sold with a long-standing tenant in occupation on a rolling contract at £670.00 pcm. Stylish open-plan living area with a fully fitted kitchen with an eye level electric oven, electric hob and built in appliances. Space for a dining table and a good size lounge. Stunning double balcony accessible via sliding doors from the diner and lounge. The hallway leads into two good size double bedrooms both with fitted wardrobes. Family bathroom with floor to ceiling tiles, bath, shower over bath, W/C and sink basin. Allocated parking and ample visitor parking.
The property is Leasehold - 125 years from 2008 at a cost of £175 per annum
The annual service charge is £1475 per annum
Council Tax Band: B
Tenure: Leasehold
Lease Years Remaining: 109
Ground Rent: £175 per year
Service Charge: £1475 per year
Being Sold by Online Auction
Starting Bids from: £145,000
Buy it now option available
Please call or visit Online Auctions for more information.
This property is for sale by Modern Method of Auction. The Modern Method of Auction is a flexible buyer friendly
method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has
been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means
interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor
accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee
will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be
required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all
terms and conditions can be found on the online Auction website or requested from our Auction Department.
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Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the
Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor.
Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.
To book a viewing contact:
Auctioneer's Comments
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will
not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to complete
the transaction, from the date the Draft Contract are issued by the seller's solicitor. By giving a buyer time to exchange
contracts on the property, means normal residential finance can be arranged.
The Buyer's Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be
considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty
liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a
Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and
all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested
from our Auction Department.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to
make payment of a non-refundable Buyer's Premium of £6954.00 including VAT (and a Legal Pack fee of £354 including
VAT). This secures the transaction and takes the property off the market.
The Buyer's Premium and administration charge are in addition to the final negotiated selling price.