29 Highton Street, Sheffield

** ATTENTION DEVELOPERS / INVESTORS / BUILDERS **

A fantastic development opportunity in the popular residential area of Crookes / Walkley in Sheffield to be sold by Modern Method of Auction. The sale compromises of both 29 Highton Street and the plot of land directly behind it.

There is FULL PLANNING CONSENT for the construction of THREE contemporary 4-bedroom / 3-bathroom detached houses, all with PARKING and generous gardens. The complete plans, including building regulations drawings and 3D visuals have drawn up by local award-winning architects and are available upon enquiry.

Two of the dwellings are roughly 139sqm in size and the third dwelling is 181sqm.

The Gross Developmental Value (GDV) for 3 houses is estimated at around £1.7-1.8 million.

Currently, the plot is occupied by a stone built detached house to the front and a large coach house to the rear. The new buyer has the option to renovate and restore the existing dwellings to make one large house with an coach house annex. 

Altenatively, the new buyer could easily change the current plans to build one or two larger houses instead of the proposed three dwelling. 

Recently, Highton Street has been closed for passing traffic via Sheffield City Councils traffic reduction scheme, which has effectively turned the road into a cul-de-sac making the road nicer and safer.

Walkley is in a prime location for both families and professionals given its close proximity to The Sheffield University, hospitals, excellent schools and local shops and amenities. The Peak District with its beautiful scenery is approximately 4 miles away and is perfect for all outdoor pursuits from hiking to biking and everything else in between.

Investors and developers you do not want to miss on this fabulous opportunity. Call 24/7 to request more details or arrange a viewing.

Auctioneer Comments:

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.