Room 5 28 Dun Street, Sheffield, Sheffield, S3 8SL
- Conditional Online Auction Sale
- Bedrooms: 1
GOTO PRESENTS THIS 1 BEDROOM FLAT IN SHEFFIELD - S3
Tenure
LEASEHOLD
Description
Room 5 Dun Street
A great investment opportunity to acquire an HMO Bedsit / non-self-contained one-bedroom accommodation with a private en suite shower room and communal access to a shared living space. Generating a continual rental income (please speak to the selling agent for further details)
Dunfields is an urban chic development and high-end residence that delivers boutique living to students and young professionals in Sheffield. For investors, Dunfields offers the opportunity to earn immediate rental income from a completed and tenanted unit, in an award-winning new student development in the heart of one of the UK's leading university cities. In May 2015, Dunfields in Kelham Island was named best housing development at the 2015 Local Authority Building Controls (LABC) awards in Sheffield.
Having been designed by multi-award-winning architects Coda Studios in order to embrace a new, modern concept of student living, Dunfields is unique and revolutionary in that it could be said to be one of the first truly boutique bespoke student residences in Sheffield. Unique in its design, 18 three-storey townhouses are developed from 82 individual single and double units, all of which are eco-friendly in correspondence to Code 3 of the Code for Sustainable Homes. This means that energy bills for the development are considerably reduced, which therefore will enhance the retail income for its investors.
Consisting of 18 beautiful townhouses, divided into 4- and 5-bed developments totalling 82 units, Dunfields is the epitome mix of student & professional living. The development also contains an abundance of on-site facilities, including an outdoor gym, a private residents' courtyard, parking spaces, and secure bicycle storage, making Dunfields the perfect accommodation complex for students/professionals in Sheffield.
Main Features and Facilities :
Offers all-inclusive rent for students and young professionals
Walking distance to the University of Sheffield and Sheffield Hallam University (which have a combined student population of nearly 60,000)
Quality en-suite fully furnished bedrooms
High-speed internet connection and television
High-tech communal German kitchen and lounge with washing machine and dishwasher
Shared communal garden with gym equipment
Secure bicycle storage
18 private car spaces (allocated on a first-come, first-served basis)
The development was designed by award-winning architects - Coda Studios
Unique townhouse design is eco-friendly investment (Code 3 on the Code for Sustainable Homes)
The interiors of the houses were designed by Coda's renowned interior designer Julie Poulter and include the latest features of British design including retro and reclaimed furniture, bespoke artwork
All the en-suites and bathrooms are fully tiled with Hans Grohe showers and taps and European-styled sanitaryware
Less than 200 meters away from the Shalesmoor Tram stop which allows quick access to the city centre and all of Sheffield's many facilities and amenities
Close to city hospitals, Ruskin Park, shopping district, library, gyms
An abundance of local bars, cafes, shops, and restaurants are all within walking distance of Dunfields
Dunfields is in a perfect location, within a 10-minute walk from the vibrant and dynamic Sheffield City Centre and Fargate, Sheffield's premier shopping district
The development also has a "Whizzgo" parking space right outside that allows non-car owners to rent a car by the hour allowing tenants easy access to other parts of Sheffield and the Peak District National Park as required
Fully managed development
Leasehold Information 999 years from and including 1 January 2014 less 3 days
**MATERIAL INFORMATION**
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
EPC Rating
CURRENT 89/90 POTENTIAL
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £6,600 including VAT, plus a buyer's administration charge of £396 including VAT, a total of £6,996. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £396 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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