HMO in S2
Queens Road, Sheffield, South Yorkshire, S2 4DL
Online auction
- Great Investment Opportunity
- 5 Bedroom with 5 ensuites
- Tenanted Property generating £2825 pm
- Walking distance from Local supermarkets
- Close to main transport links
- Ideal Location
HMO in S2
*For sale via secure sale online bidding: terms and conditions apply.*
We are pleased to offer to auction this fantastic opportunity has arisen to purchase this 5-bedroom terraced property, which is currently tenanted until June 2025.
This property features five bedrooms, each with its own ensuite bathroom, along with a spacious and airy reception area that leads into an extended shared kitchen.
On the ground floor, you'll find the living room that opens up to a fully fitted kitchen. Bedroom one faces the front of the building and is fully furnished.
The first floor includes bedrooms two and three, which are also fully furnished. The second floor contains an additional two rooms, both fully furnished as well.
The property is double-glazed and has central heating throughout. Each bedroom is equipped with laminate flooring.
Currently, the property generates an all-inclusive income of £2,825 per month.
It boasts great transport links and is within walking distance of Queens Road Retail Park, which features local shops and supermarkets.
Don't miss out on this excellent investment opportunity!
Please note we have not inspected this property.
Summary
- Property Type: HMO
- Tenure: Freehold
- Parking: On Street
Location
The subject property is located along Queens Road, Sheffield. The property is well located close to Sheffield City Centre and transport links with the closest being a minutes walk away Sheffield train station being 1.1 miles away. The property is 39 miles east of Manchester and 41 miles south of Leeds.
Accommodation
This property features five bedrooms, each with its own ensuite bathroom, along with a spacious and airy reception area that leads into an extended shared kitchen.
On the ground floor, you'll find the living room that opens up to a fully fitted kitchen. Bedroom one faces the front of the building and is fully furnished.
The first floor includes bedrooms two and three, which are also fully furnished. The second floor contains an additional two rooms, both fully furnished as well.
The property is double-glazed and has central heating throughout. Each bedroom is equipped with laminate flooring.
Tenure
Freehold. Title number SYK649067.
Council Tax
Band B.
EPC
Available upon request (rating D).
Additional Information
For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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