FIVE BEDROOM TOWN HOUSE

To view contact Hunters Tel: 0114 266 6626. Nestled in the desirable area of Norfolk Park, Sheffield, this impressive town house offers a fantastic opportunity for those seeking a spacious and versatile investment with five well-proportioned bedrooms, this property is ideal for those looking to invest in a House in Multiple Occupation (HMO) currently bringing in approximately £19,800 gross income a year. Please refer to the auction pack for information on tenancies. The heart of the home features a welcoming communal living room, perfect for relaxation and socialising with housemates. The layout promotes a sense of community while still allowing for personal space in the generously sized bedrooms. The property also includes a well-appointed shower room and separate w.c., ensuring convenience for all residents. Situated just one mile from Sheffield Hallam University, this location is particularly appealing for students and professionals alike, providing easy access to the university's facilities and the vibrant city centre. The surrounding area boasts a range of local amenities, parks, and transport links, making it an excellent choice for those who appreciate both convenience and a pleasant living environment. This five-bedroom HMO in Norfolk Park is not just a house; it is a home that offers comfort, space, and a prime location. Whether you are looking to invest or seeking a new place to call home, this property is well worth your consideration. TENURE: This property is Leasehold with a term of 125 years from 1st January 2007 at a ground rent of £500 per annum. SERVICE CHARGE There is a service charge payable of £1036 per annum. This property is for sale by Traditional online auction , before proceeding to bid, you need to carry out your due diligence, the Auction Team recommend you inspect all elements of the legal pack, taking note of any special conditions, it’s advisable to review the pack with your legal advisor. We also recommend viewing of the property and any surveys and reports need to be carried out prior to bidding. NOTE FOR BUYERS: For sale by traditional online auction means that exchange occurs when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price. Fees: On Exchange of contracts, the buyer must pay 10% towards the purchase price of property. £2,600 of this 10% is charged immediately online, with the remainder payable by 12pm the next business day. There is an additional buyer premium of £3,000 (incl. VAT) which will be charged immediately online. For full details please view the auction pack.