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City Road, Sheffield, South Yorkshire, S2

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • FOR SALE BY MODERN METHOD OF AUCTION
  • RESERVATION FEES APPLY
  • IT’S AS SIMPLE AS BID & BUY!
  • THREE-BEDROOM MID-TERRACED HOME
  • IDEAL BUY-TO-LET INVESTMENT – TENANTS IN SITU
  • GREAT OPPORTUNITY TO ADD VALUE
  • STREET PARKING AVAILABLE
  • GARDEN TO THE REAR
  • VIEWINGS AVAILABLE NOW

Description

Central Living in Sheffield: City Road

Welcome to City Road, a charming 3-bedroom mid-terraced home nestled in the heart of Sheffield. This property presents a lucrative opportunity for homeowners and investors alike, boasting a spacious interior and a prime location. Currently available for sale via the modern method of auction, with a starting bid of only £130,000, this home offers incredible value for money.

Key Features:

Three Bedrooms: Experience comfort and versatility with three bedrooms, offering ample space for personalization.

Modern Method of Auction: Take advantage of the modern method of auction, providing a transparent and efficient way to secure this desirable property.

Lucrative Investment: With a current tenancy in place, generating a monthly income of £900pcm, this property presents an attractive investment opportunity. The tenancy is on a periodic basis, offering flexibility for future plans and the possibility of obtaining vacant possession.

Prime Location: Situated in the vibrant city of Sheffield, City Road enjoys proximity to an array of amenities, including shops, restaurants, schools, and transport links, ensuring convenience for residents.

Why Choose City Road:

Investors seeking a lucrative opportunity, City Road ticks all the boxes. With its modern auction process, attractive rental income of £1000pcm (rolling SPT tenancy), possible potential for vacant possession, this property offers flexibility and potential for growth.

Open Day Viewings:

Don't miss your chance to explore this exceptional property! Call immediately to secure your spot at our upcoming Open Day for viewings.

*** Auction Terms ***

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 winning bidder will pay £349.00 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 4.5% 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. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

SCI250392/2

Brochures

Web DetailsFull Brochure PDF
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street,Permit,Residents
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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City Road, Sheffield, South Yorkshire, S2

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About Reeds Rains, Sheffield City Living

B2 Spaces, Pennine Five, 1 Tenter Street, Sheffield, S1 4BY
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

The busy city centre branch of Reeds Rains, Sheffield is managed by Branch Manager Lisa Sharp. Collectively the team have an impressive 45 years experience in the housing market. Managing property postcodes; S1, S2 4, S2 5, S3 7, S3 8, S6 3, S9, S10 1, S10 2 and S11 8.

Dubbed one of the greenest cities in the county, Sheffield is a friendly and happy place to reside. There is a great atmosphere in and around the city and always plenty going on. In terms of socialising, there is a varied and diverse mix of restaurants and bars, with many repurposed mill and industrial style restaurants having sprung up in recent years.

Sheffield is fast becoming the go to city for the best variety of breweries and real ale. The Sheffield Tap accessed via platform 1B of Sheffield station, houses an impressive 23 cask and keg taps and a list of over 200 bottles or why not try recently opened The Bar Stewards pop up style micropub and bottle shop on Gibraltar Street.

In terms of shopping, the city has a wealth of independent boutiques, as well as popular high street stores and of course the famous Meadow Hall. The popular shopping centre is currently undergoing expansion and once complete Meadow Hall will be the fourth largest shopping centre in the United Kingdom.

Escape the hustle and bustle of the city centre with a trip to Winter Gardens or Peace Gardens. Walkers can enjoy the scenery and public green space the area has to offer. Both gardens are incredibly well maintained and are popular with locals and tourists alike.

The Reeds Rains Sheffield team are buy to let and investment specialists. They offer a full and complete service which includes an on-site mortgage advisor. If you are a landlord wanting advice or are ready to purchase a buy to let property and need a management company, then this experienced branch can cater for all of your requirements.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£593
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference SCI250392. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Reeds Rains, Sheffield City Living. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Reeds Rains, Sheffield City Living on 0114 697 3242.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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