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1 bed Flat For Sale £70,000
Cutlery Works, 33 Lambert Street, Sheffield S3


Description
Situated just over the road from Kelham Island which is currently one of Sheffields trendiest and most sought after city centre address. The Cutlery Works is a super little development which benefits from a high degree of gated security and a superb location which is so convenient for those working in the city centre, investors or the ever growing student and post grad market not to mention an ideal "pied- a-terre" for occasional visitors to the Steel City. It's not often you will find a studio apartment that offers this sort of accommodation complemented by its own private space but this lovely little studio has a balcony and lift access to all floors. Residents of Cutlery Works can also look into private parking options on the other side of Lambert Road if so desired although the close proximity of the city and all it has to offer means most residents don't drive.

Key features:
Sought after and highly desirable location opposite Kelham Island and its many attractions Easy walk into the City Centre, University and Hospitals, Secure gated development with excellent security measures, Modern building standards with UPVC D/G and gas central heating all providing cheaper running costs. 125 year lease from 2006 Ground rent of £150 per annum and a service charge of £810.00 p/a. Open plan living area including a modern kitchen area, Luxurious newly fitted bathroom with the modern suite framed by tiling. Balcony with courtyard and surrounding views.
Rental income to potentially exceed 8% yield.

Cutlery Works is a showcase of the industrial heritage of Sheffield. Formally known as John Watts ltd, this building dates back to the nineteenth century and was known for manufacturing steelwork such as Clasps, Ice Skates, pen knifes and razors. The business ran until 1999 when trade eventually ceased and the building was later converted into apartments in 2007.

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending
criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including
VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable
consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with
iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 Inc. VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services
are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed
reserve price that can change.
* Leasehold 125 years from July 2006
* Ground Rent £150.00 pa
* Service Charge £810.00 pa

Follow the link for more information:
        
zoopla.co.uk

  
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