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117 Edward Street Flats, Sheffield S3 7GH

Lot no: 169 Sold at Auction for £111,000
 

Guide Price £82,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Tuesday 5th September 2023

10.00am
Key Features
  • Three bedroom apartment
  • Popular residential location
  • Close proximity to amenities
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Sold at Auction for £111,000

Flat

Property Description:

A vacant, three bedroom apartment in Sheffield.

A three bedroom apartment situated just outside Sheffield City Centre in a popular, residential area. The property is within walking distance of the City Centre and all necessary amenities including supermarkets, high street shops, transport links and a selection of pubs, bars and eateries. The Cities University campuses are located close by as are the Sheffield Teaching Hospitals, ideal for students. There are a number of sports and leisure facilities in the area and the Ponderosa, Weston park and Crookes Valley park area all nearby providing plenty of outdoor, scenic spaces. We believe that the property would be well suited to both owner occupiers and investors, given its size and location.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

108



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The 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.