FOR SALE VIA MODERN METHOD OF AUCTION - STARTING BID £100,000
A fantastic opportunity to purchase this desirable two bedroom apartment in the desirable Ranmoor Court development, a stones throw away from Endcliffe Park, walking distance to Ecclesall Road and Fulwood. This has previously been let via ELR and a gross yield of over 10% is possible! The property is comprised of a large living area, separate and spacious fully fitted kitchen, contemporary bathroom suite and large master bedroom with further smaller bedroom/study. Sold fully furnished!
Description - Nestled in the desirable area of Ranmoor Court, Riverdale Park, S10, this spacious two-bedroom apartment presents an exceptional opportunity for both first-time buyers and savvy investors alike. Built between 1980 and 1989, the property boasts a modern aesthetic while retaining a sense of charm that is characteristic of the area.
Upon entering, you are greeted by a generous living area that offers ample space for relaxation and entertaining. The modern kitchen is well-equipped, making it a delight for those who enjoy cooking. The contemporary bathroom adds a touch of luxury, ensuring comfort for residents and guests alike.
The apartment is sold furnished through a modern method of auction, making it an attractive option for those looking to move in with minimal hassle. Its fantastic location places you within close proximity to the vibrant Ecclesall Road and the tranquil Fulwood area, providing a perfect balance of urban convenience and suburban peace.
This property not only serves as a lovely home but also stands as a remarkable investment opportunity, with the potential for a gross yield exceeding 10%. Whether you are looking to settle down or expand your property portfolio, this apartment is a must-see. Don't miss the chance to make this delightful space your own in a sought-after location.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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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