Property for Auction in London - Flat 10 Lightbox, 63 Earl Street, Sheffield, South Yorkshire

A Ground Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £11,600 Per Annum Net (Reflecting a Gross Initial Yield of 23%) The property comprises a ground floor one bedroom flat situated within a purpose built block arranged over ground and four upper floors. Tenure Leasehold. The property is held on a 800 year lease from 25th March 1834 (thus approximately 608 years unexpired ). Location The property is situated on a residential road close to local shops and amenities. The open spaces of Pounds Park are within easy reach. Transport links are provided by the A61 and A57. Accommodation Ground Floor Reception Room Kitchen Bedroom Bathroom Tenancy The property is subject to an Assured Shorthold Tenancy at a rent of £11,600 per annum. The management company covers the cost of management and service charges. Energy Efficiency Rating (EPC) Current Rating C Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.