Offers over
£65,000
1 bed flat for saleUpper Allen Street, Sheffield S3
1 bed
1 bath
1 reception
EPC Rating: C
About this property
Second floor apartment
Spacious internal bedroom
Open-plan living kitchen bright and versatile
For sale by the modern method of auction
Tenanted at £575 pcm – market rent £675 pcm
Central city centre location close to shops
Development undergoing remedial works scaffolding present
Cash buyers or pre-arranged finance advised EWS1 may be available soon
Currently, the property is tenanted on a rolling tenancy at £575 per calendar month, providing an immediate rental income for investors. The property has strong rental potential, with the current market rent estimated at approximately £675 per month, making it an excellent opportunity for those considering re-letting.
The apartment is ideally located on Upper Allen Street, placing residents within easy reach of Sheffield’s vibrant city centre. Local amenities, restaurants, shops, and cultural attractions are all just a short walk away, while excellent transport links make commuting or exploring the wider area effortless. The location offers both convenience and lifestyle benefits, appealing to tenants and owner-occupiers alike.
Please note, the development currently has scaffolding in place due to ongoing remedial works. An EWS1 certificate may be issued soon, however, we currently advise that prospective buyers are either cash purchasers or have finance arrangements in place before expressing interest.
This property represents a rare opportunity to acquire a modern, centrally located apartment in a sought-after Sheffield development, with both immediate income and excellent rental potential.
**** auction terms ****
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 77 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Important Note to Potential Purchasers & Tenants:
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 traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
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More information
Tenure
Leasehold (104 years)
Service charge
Council tax band
A
Ground rent
£600
Ground rent date of next review


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