Auction Commencing on Monday 13th October at 1pm and ending 24 hours later on Tuesday 14th October at 1pm with Auction House South Yorkshire
Please register to bid via our website - auctionhouse.co.uk/southyorkshireReversion sale – attractive one-bedroom apartment with future potential.A superb opportunity to acquire a one-bedroom ground floor apartment situated in a popular residential location close to local amenities, transport links, and Rotherham town centre.
The property offers approximately 369 sq.ft. (34.2 sq.m.) of accommodation comprising entrance hallway with storage cupboards, a living room, fitted kitchen, double bedroom, and bathroom. Externally, the block is set within well-maintained communal gardens.
Internally, the property is in need of a full programme of refurbishment and modernisation, providing significant potential for the incoming purchaser to add value.
Important Note – Reversion Sale
This property is being sold on a reversion basis. The successful purchaser will acquire the property subject to the existing reversion arrangement, with vacant possession becoming available only upon the termination of the current reversion interest. Buyers are advised to make their own enquiries and seek independent legal advice prior to bidding.
The tenants age at the timing of listing is 92.
-Ground floor one-bedroom apartment
-Popular residential area
-Communal gardens
-Full refurbishment required – ideal project
-Excellent investment potential
-Sold on a reversion basis
EPC Rating: TBC
Council Tax Band: A
This property is ideally suited to cash buyers, investors, and those seeking long-term reversion opportunities.
*images provided have been enhanced for marketing purposes.Tenure: LeaseholdEPC Rating: orderedAdministration Fee: £3600 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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