Guide price
£55,000
1 bed flat for sale51 Floodgate Drive, Ecclesfield, Sheffield S35
1 bed
1 bath
1 reception
EPC Rating: D
Added on
About this property
One double bedroom
Newly recarpeted throughout
Allocated parking
Modern fitted kitchen
Open-plan living space
Fitted wardrobes
Contemporary shower room
Ideal first-time buy or investment.
Potential rental income of approximately £750 pcm
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £55,000
A well-presented one bedroom apartment at Regency Court, offering bright, modern accommodation with the added benefit of allocated parking and having been newly recarpeted throughout.
The property features a spacious entrance hallway leading through to a contemporary open-plan kitchen and living area. The modern fitted kitchen provides a good range of cupboard and worktop space along with integrated appliances, while the living area benefits from plenty of natural light.
The double bedroom is a generous size and features an excellent range of fitted wardrobes, providing plenty of useful storage. A modern shower room completes the accommodation, fitted with a large walk-in shower, vanity unit and contemporary suite.
Fresh, neutral and ready to move into, the apartment would make an excellent first-time purchase or investment opportunity. For investors, the property could potentially achieve a rental income in the region of £750 pcm, subject to market conditions and the usual checks.
*Lease remaining : 181 years *Service Charge approx £2,000 per annum *Ground Rent £200 per annum Council Tax Band A *As advised by Vendors*
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Disclaimer and Advice
We endeavour to make our sales 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. Any services, including but not limited to heating, plumbing or electrical systems and any appliances (if included in the sale) listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. 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 by separate negotiation. If you already have or are considering purchasing a property to let, please contact us for specialist advice.
EPC rating: D.
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Tenure
Leasehold (181 years)
Service charge
£2,000 per year
Council tax band
A
Ground rent
£200
Ground rent date of next review
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