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2 bedroom Flat for sale, Bailey Street, Sheffield, South Yorkshire, S1
Features and Description
- FOR SALE BY MODERN METHOD OF AUCTION
- BID AND BUY
- CASH BUYERS ONLY
- FIXED COMPLETION DATES AND SECURE SALE
- CITY LIFE APARTMENT LIVING IN CENTRAL SHEFFIELD
- TWO DOUBLE BEDROOMS
- BATHROOM AND SHOWER ROOM
- ALLOCATED RESIDENTIAL PARKING UNDERCROFT
- OPEN PLAN LIVING AND BALCONY
For Sale by Modern Method of Auction - Calling all cash buyers
Type: 2-Bedroom Apartment
Bathrooms: 2 (including a white suite with shower over the bath and en-suite shower room)
Features: Balcony, Allocated Undercroft Car Parking
Tenure: Vacant Possession with No Onward Chain
Suitability: Cash Buyers Only
Description:
Welcome to Mandale House, a highly sought-after residential development in the heart of Sheffield. This well-presented 2-bedroom, 2-bathroom apartment offers a modern and stylish living space, perfect for professionals, investors, or those seeking a city lifestyle.
The property features an open-plan living kitchen with contemporary fittings and direct access to a private balcony, offering an ideal spot to unwind. Both bedrooms are spacious doubles, and the apartment is completed by a white bathroom suite with a shower over the bath.
Additional benefits include allocated undercroft car parking and the advantage of vacant possession with no onward chain, ensuring a smooth and hassle-free purchase process.
Rental Potential:
For those considering this as a buy-to-let investment, the current rental market supports an estimated asking rental of £900-£950pcm, providing a strong yield opportunity.
About Mandale House:
Mandale House is a modern development known for its stylish apartments, excellent facilities, and prime location. Situated close to Sheffield’s vibrant city centre, residents benefit from proximity to an array of shops, restaurants, and cultural attractions. The development also enjoys convenient access to public transport links and major road networks, making it a fantastic choice for commuters.
Why Buy Mandale House?
Prime Location: Nestled in a desirable area of Sheffield, Mandale House offers easy access to the city’s amenities, including universities, hospitals, and business districts.
Modern Living: Contemporary design makes this apartment a standout choice.
Strong Investment Opportunity: With excellent rental demand in the area, this property presents a lucrative buy-to-let option.
Secure Parking: Allocated undercroft car parking provides added convenience and peace of mind.
Location Highlights:
City Centre Proximity: Just a short walk to Sheffield’s bustling city centre.
Transport Links: Excellent access to public transport, including Sheffield Train Station and tram services.
Local Amenities: Close to shopping centres, cafes, restaurants, and green spaces.
Education & Employment: Ideally situated for students and professionals, with nearby universities and major employers.
Modern Method of Auction:
This property is for sale by the modern method of auction, offering a transparent and secure purchase process. Please contact us for further details on how to participate in the auction.
Contact Us Today:
Don’t miss out on this fantastic opportunity to own a beautiful apartment in Mandale House. Whether you’re looking for a stylish home or a sound investment, this property ticks all the boxes.
For more information or to arrange a viewing, please contact the team.
Your Property Specialists:
At Reeds Rains, we’re committed to helping you find the perfect property. Our experienced team is here to guide you every step of the way, ensuring a seamless and stress-free experience.
**** AUCTION TERMS ****
Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Bailey Street, Sheffield, South Yorkshire, S1
Additional Information
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Property refSCI240052
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EPCB
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TenureLeasehold
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Lease length106 years
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Council TaxB
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Local authoritySheffield City Council
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Ground Rent£385
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Ground Rent ReviewContact the branch
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Service Charge£2,828
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