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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 275 page views

Description

For sale by unconditional online auction.
On behalf of Blundells - City Centre

•14th Floor Apartment
•Popular Development
•Modern Open Plan Living Space
•Juliette Balcony with Views over the City
•EPC Rating: C
•Close to Bars, Restaurants, Cafes and Shops

Property Description

for sale by unconditional online auction.
On behalf of Blundells - City Centre

One Bedroom Apartment

Fantastic one bedroom apartment located on the 14th floor of the popular City Lofts development.

This apartment features panoramic views across the City Centre and offers stylish City living with a contemporary style throughout. City Lofts is one of the more sought after buildings in Sheffield City Centre due to its fantastic location. Situated within St. Pauls Square it offers easy access to the Hallam University, the train station, and an array of bars, shops, restaurants and cafes.

This apartment is currently tenanted until June 2020 and offers a gross rental yield of 7.1%. This could be the ideal investment to add to your property portfolio.

The apartment has been well maintained throughout and briefly comprises of; Entrance with secure intercom access, lounge with Juliet balcony and views across the City Centre. The kitchen features a wealth of wall and base units along with integrated appliance such as oven and dishwasher. Good sized and bright bedroom. Fully tiled three piece bathroom suite including bath with overhead shower, and large heated towel rail.

Tenure
Leasehold
Legal Pack

The legal pack will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.

*Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our sdl Auctions website.

Online Auction Registration

Every online bidder on sdl Auctions must first create an account on the online section of the sdl Auctions website -

This is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction ‘Terms and Conditions’. Once you have done this you will be able to search, ‘watch’ lots and download legal documents.

After starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.

In order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Unconditional Online Auction Procedure

If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. At the end of the auction, you are charged 5% deposit (subject to a minimum fee of £5000) and exchange of contracts takes place. The deposit contributes towards the purchase price. By placing a bid, you are authorising the auctioneer to sign the auction contract on your behalf.

The sale of each Lot is subject to a Buyers Fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you £6,000 (using the payment details provided at the registration stage) if you are the successful bidder, as a payment towards the Buyers Fee and deposit. You will be required to pay any outstanding amounts (minimum of £5,000) immediately after the end of the auction, which can be paid by debit card or bank transfer.

Full terms and conditions are available on the sdl Auctions website -

You could get

Fast broadband Fast broadband

Up to 22.8 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Sheffield 0.3 miles
  • Darnall 2.4 miles
  • Springfield Primary School 0.6 miles
  • Seven Hills School (SEN) 0.6 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Sheffield 0.3 miles
  • Darnall 2.4 miles
  • Springfield Primary School 0.6 miles
  • Seven Hills School (SEN) 0.6 miles

Market stats

Sale activity

Average estimated value for a flat in S1:

  • £137,061
  • Price increase

  • £4,391
  • (3.310%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £116,515
  • Properties sold

    30

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in S1 is currently:

£589 pcm

Recent sales nearby

See all recent sales in S1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by Bankrate and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided, your lenders criteria and your personal circumstances. The interest rate has also been assumed to stay the same for the selected mortgage term.

The Agent

Price history

Sold prices provided by Land Registry
20th Oct 2020 £105,000 First listed
24th Sep 2010 £125,307 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Blundells - Sheffield City Centre. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blundells - Sheffield City Centre for full details and further information.