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Washington Road, Sheffield, S11 8DS

£55,000 Guide Price

Property Features

  • Competitively priced for Property Solvers Auctions (Sheffield) 28-day auction sale
  • Spacious 1-bedroom tenanted flat
  • Ideal for property investors (strong yield potential)
  • Good sized lounge / dining area (241.6 sq ft)
  • Double bedroom (182.71 sq ft)
  • Bathroom (32.70 sq ft)
  • Extra cupboard space
  • Located in sought-after district of Sheffield
  • Type: Flat
  • Availability: Sold
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Parking: Single Garage
  • Tenure: Leasehold

Property Summary

This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).

Bidding opens on 2nd July 2020 at 12:00 and closes on 23rd July 2020 at 12:00 with a GUIDE PRICE of £55,000.

Property Solvers Auctions (Sheffield) brings this 1 bedroom flat currently tenanted at £400 per calendar month, competitively priced for an unconditional (28 day) auction sale.

Enter the property via a downstairs landing area, there is a good sized lounge / dining area (241.6 sq ft), double bedroom (182.71 sq ft), bathroom (32.70 sq ft) and extra cupboard space.

The flat is currently tenanted with a single working tenant paying £400 per calendar month. With the potential to increase the rent to £500 per calendar month minimum, this property presents an well-yielding opportunity/

Situated in Sharrow, a sought-after district of Sheffield, the property is a short distance away from Ecclesall Road with a number of shops and well reviewed bars restaurants, alongside excellent transport links out of the city.

We're expecting this property to sell quick at auction - don't miss out!  Viewings are available 7 days a week.

More Information

The Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.

28-day unconditional auction terms + conditions, AML requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).

The preliminary legal pack can be viewed directly via the auction listing itself.  Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.

Notice to Bidders

Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.

As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license).  For a full list of requirements please see the legal pack documents.

Buyer Reservation Fee

A 2% + VAT (non-refundable) fee + £125 + VAT processing fee will be due from the winning bidder.

Generally speaking, Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction.

Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Unconditional Auction (28 Days)

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