About this property

A fantastic opportunity to purchase a substantial double fronted semi detached property offering a superb residential investment in a prime and sought after location close to the University

** Viewings available Tuesdays and Thursdays - call Blundells for details **
A substantial double fronted semi detached property which has been converted into six self-contained flats currently let and the house has been registered with the University for over 40 years. The flats which have been well maintained by the current vendor and currently generate an annual income of around £30,000 pa but with a re-adjustment to current letting levels we see a projected uplift in annual income of around £40,000. There is accommodation over four floors and around 3433 sq ft of living space. The property sits on a larger than average plot with driveway, communal off road parking to the rear and garden. In addition there is a large detached garage which if converted to a coach house style unit offering an additional income stream if let, this is of course subject to all planning regulated and permissions. The flats have their own meters, with a mixture of Economy 7 and modern efficient electrical heating, all with UPVC windows. The house has 6 tenants in situ let by way of AST’s currently rolling over. This property has been within the same family for over 40 years and offers the buyer a prime opportunity to either convert the house back to a family residence or continue letting and view with a long term investment in a prime location.

Listed By

Blundells Property Auctions
Head Office
2 Cotton Street
Liverpool
L3 7DY

t. 0114 254 1185
auctions@countrywide.co.uk

Full Description

Location

Eastgrove Road is situated to the south west of Sheffield, just over one mile from Sheffield City centre and located off Ecclesall Road, which enjoys a wide variety of restaurants, bars, cafés, a number of supermarkets and excellent shopping facilities all within walking distance. The area is highly regarded and sought after due to its locality with the nearby hospitals and the two Universities. There is an excellent road and bus route in place servicing the City centre and also heading out towards outdoor space of the Peak District National Park. In addition there are a number of local parks including the award winning Botanical Garden and Endcliffe Park which offer a number of recreational facilities and cafés.

Lower Ground Floor

Flat no.6
A large studio style apartment of around 842 sq ft with open plan living space (26’10x19’7), fitted kitchen, dining area, bathroom, separate W.C. and ealk in storage room. This flat has its own entrance door leading to the rear.

Ground Floor

Communal entrance hallway and lobby with front entrance door and stair access to 5 flats.
Flat 5
A one bedroom apartment with large living room to the front featuring a bay window, double bedroom, separate kitchen and bathroom/W.C.
Flat 4
A studio apartment with open plan living space, separate fitted kitchen and bathroom/W.C.

First Floor

Flat 3
A one bedroom apartment with living space incorporating a fitted kitchen, double bedroom and bathroom/W.C.
Flat 2
A one bedroom apartment with living space, a separate fitted kitchen, double bedroom and bathroom/W.C.

Second Floor

Flat 1
A one bedroom attic style apartment of around 630 sq ft with large living space, a separate fitted kitchen, good sized double bedroom and separate shower room/W.C.

Outside

Front forecourt and garden with path to the front door. Driveway to the side with secure gated access to the rear of the house. To the rear is a large communal block paved area for parking. This leads to the detached brick garage and a southerly facing garden with shrub and planted borders and established hedges.
Residents and pay and display parking to the surrounding roads.

Tenure

Freehold and Leasehold please see legal pack for further information.

EPC

Flat 1 Currently on the exception register
Flat 2 Energy Efficiency Rating D
Flat 3 Energy Efficiency Rating E
Flat 4 Energy Efficiency Rating C
Flat 5 Energy Efficiency Rating D
Flat 6 Energy Efficiency Rating E

AUCTION VALUER
Lucy Crapper ANAVA

Note

Plans shown are for information only and are not to scale.
For more information connected to projected future rental income on this property please contact William Thompson at Blundells, our dedicated lettings consultant, on 0114 268 3333

Viewing
Strictly by appointment with joint agent Blundells Banner Cross 0114 268 3333
Any viewings will require a minimum of 24 hours’ notice to the tenants so please contact us as early as possible to avoid disappointment, all viewings must be pre booked.
For any other auction enquiries please call the auction team on 0114 2541185

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Photos
Map

13 Eastgrove Road, Botanical Gardens, Sheffield

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Countrywide Property Auctions

Head Office
2 Cotton Street
Liverpool
L3 7DY

Tel: 0114 254 1185

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* Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyer's Fee

A successful purchaser will also be required to pay a Buyer's Administration charge of £950+VAT (£1140 including VAT @ 20%) (unless stated otherwise within the property description in the catalogue) by cheque made payable to Countrywide.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).