This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
5 bedroom Flat for sale, Edward Street, Sheffield, South Yorkshire, S3
Features and Description
- FOR SALE BY THE MODERN METHOD OF AUCTION
- RESERVATION FEES WILL APPLY
- TENANTED INVESTMENT OPPORTUNITY
- 5 BEDROOMED APARTMENT
- SHARED LIVING FACILITIES
- RANGE OF ON-SITE AMENITIES FOR TENANTS
- INCOME £25,750pa
- LET AND MANAGED VIA STUDENT FM
- PLEASE ALLOW 48 HOURS FOR VIEWINGS
- WE ARE UNABLE TO UNDERTAKE WEEKEND VIEWINGS
FOR SALE BY MODERN METHOD OF AUCTION - STARTING BID £200,000 - INCOME GENERATING £25,750
TENANTED INVESTMENT OPPORTUNITY - Welcome to B8, Aspect 3
Your ideal student accommodation purchase in the heart of Sheffield! B8 is a modern 5-bedroom apartment in the renowned Aspect 3 student accommodation complex. Designed with convenience and comfort in mind, this apartment is perfect for students who want a home away from home.
Property Features:
5 En-suite Bedrooms: Each bedroom is equipped with its own private bathroom, ensuring privacy and convenience for every resident.
Spacious Shared Living Kitchen: The open-plan kitchen and living area is perfect for socializing and includes:
Fully equipped kitchen with a microwave and dishwasher
Comfortable seating area for relaxation and gatherings
Current year income £25,750 (50 week period) 5 rooms
Aspect 3 Complex Amenities:
High-Speed Broadband:
Cycle Storage:
24/7 Security:
Reception Desk:
Communal Lounge: A great space to unwind with a 37" TV, Xbox, and pool table.
Prime Location:
Aspect 3 is perfectly situated to give easy access to both of Sheffield's prestigious universities:
University of Sheffield & Sheffield Hallam University
Additionally, you’ll find a supermarket, cash machine, and vibrant social scene just a short walk away.
Why Choose Aspect 3?
Home-From-Home Comfort:
Modern Living: High-speed broadband, en-suite bathrooms, and fully-equipped kitchens in every apartment.
Safety and Security: 24/7 security and card-entry systems for peace of mind.
If B8, Aspect 3 sounds like the perfect place for your next investment in Sheffield, don’t hesitate to get in touch! Our friendly team is here to answer any questions and help you find your ideal property.
**** 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.
Edward Street, Sheffield, South Yorkshire, S3
Additional Information
-
Property refSCI240277
-
EPCC
-
TenureLeasehold
-
Lease length108 years
-
Council TaxC
-
Local authoritySheffield City Council
-
Ground Rent£500
-
Ground Rent ReviewContact the branch
-
Service Charge£4,999
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