Slate Street, Sheffield, S2

CASH BUYERS ONLY – A fantastic opportunity to acquire a spacious three-bedroom terraced property in the heart of Heeley, offering significant potential to modernise and add value.

Located within the highly sought-after suburb of Heeley, this three-bedroom terraced property offers generously proportioned accommodation over three floors and represents an excellent investment or development opportunity.

Please note: the property is subject to a short lease of approximately 35 years remaining and is therefore suitable for cash buyers only.

Requiring a scheme of modernisation throughout, the property provides fantastic scope to enhance and is ideally suited to investors or experienced purchasers seeking a project in a well-established and popular residential area.
Entry is via a front-facing door into a spacious living room, featuring a large window that allows for good natural light, creating a bright and welcoming reception space. To the rear of the property is a generous dining kitchen, fitted with a range of wall and base units and offering ample room for a dining table. The layout provides clear potential for updating or reconfiguring into a more contemporary open-plan kitchen diner, subject to preference.

The lower ground floor includes a useful cellar space, offering excellent storage and potential for further use, subject to any necessary consents.

To the first floor, there are two bedrooms, including a well-proportioned double to the front and a further bedroom to the rear. A family bathroom is also located on this level. The accommodation would benefit from general updating, reflected in the competitive positioning of the property.
A further staircase leads to the second floor where there is a converted attic bedroom, providing a versatile third bedroom or workspace, complete with a roof window allowing for natural light.

Externally, the property benefits from a forecourt frontage with on-street parking available.

Heeley remains one of Sheffield’s most popular residential areas, known for its strong community feel, a range of local amenities, independent cafés and shops, and excellent access links to Sheffield city centre, Ecclesall Road and surrounding districts.

Auctioneer Comments

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.

This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make 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 fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.

A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.

These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.