FOR SALE VIA NATIONAL ONLINE AUCTION ON MONDAY 27th APRIL AT 1PM WITH AUCTIONHOUSE.CO.UK/SOUTHYORKSHIRE
Description
For sale by auction is this vacant one-bedroom apartment, in a consistently strong rental and resale location within S80.
The property extends to approximately 45 m² as per the EPC. The accommodation is arranged over one floor and offers well-proportioned rooms. With an Entrance Hall, a Living Room, a Kitchen, a Bedroom and a Bathroom.
Externally, there is on-street parking available close to the property.
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Investment/Rental opportunity
Once renovated, we expect an achievable rental income of £600pcm / £7,200 pa.
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Resale / Flip
The property also presents a strong flip opportunity. The adjoining properties have reportedly sold for approximately £45,000 following modernisation and is presented as a well-finished family home. This demonstrates clear resale demand within the immediate building.
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Reconfiguration Potential
There is further scope to explore a reconfiguration to move the Kitchen into the Living Room, and create a 2nd bedroom in the current Kitchen space (subject to the necessary consents), which could significantly increase both rental income and resale value.
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Investment Rationale
S80 remains a well-established location popular with:
• Young professionals
• Students
• Working tenants
• Owner-occupiers
The area benefits from strong transport links and convenient access to key employment hubs.
Following refurbishment, the property offers:
• Strong gross yield potential
• Attractive resale comparables (flip strategy)
• Long-term capital growth prospects
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Tenure
Assumed Leasehold
Vacant Possession
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Auctioneer’s Note
This property presents a versatile investment opportunity offering both rental potential and strong resale comparables. Buyers must satisfy themselves regarding planning, licensing requirements, and any comparable sales prior to bidding.
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Tenure: See Legal Pack
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.
Administration Charge
Administration Charge is a non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 0114 223 0777 for more information
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