1 bed flat for sale

Scotland Street, Sheffield, South Yorkshire S3

Tenanted Investment Opportunity – Metis, Scotland Street, Sheffield
For Sale by Modern Method of Auction

An excellent opportunity to acquire a well-presented one-bedroom first floor apartment within the ever-popular Metis development on Scotland Street, Sheffield.

Offered for sale via the Modern Method of Auction, this property is sold with a long-standing tenant in situ, currently generating £725 per calendar month. The tenancy has been professionally managed by Reeds Rains and benefits from an excellent payment history, with rent consistently paid on time, making this an ideal turnkey investment for both experienced and first-time landlords.

Investment Highlights
Tenanted investment producing £725 pcm
Long-standing, reliable tenant with an excellent rental payment record
Professionally managed by Reeds Rains
Popular city centre development
One-bedroom first floor apartment
Private balcony
Ideal addition to an investment portfolio
Sold via the Modern Method of Auction
The Property

The apartment offers bright and contemporary accommodation throughout. The spacious open-plan living area benefits from large windows and direct access to a private balcony, creating a light and welcoming space.

The modern fitted kitchen provides ample storage and workspace, while the generous double bedroom offers comfortable accommodation with space for a range of furnishings.

Completing the property is a contemporary bathroom fitted with a white suite and shower over the bath.

Location

Metis is one of Sheffield City Centre's most established residential developments, ideally positioned on Scotland Street. Residents enjoy easy access to the city's extensive range of shops, restaurants, bars, universities, hospitals and excellent transport links, making it a consistently popular location for tenants.

Auction Information

This property is offered for sale by the Modern Method of Auction, providing a transparent and secure buying process. The successful purchaser will reserve the property and complete the purchase within the specified reservation period. Please contact Reeds Rains City Living for full auction terms and conditions.

A Ready-Made Investment

With a proven rental history, a reliable long-term tenant, and an income of £725 per calendar month from day one, this represents an excellent opportunity to acquire a hassle-free city centre investment with immediate returns.

Contact Reeds Rains City Living today to arrange your viewing or to request further information on the Modern Method of Auction.

**** auction terms ****

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 77 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.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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Entrance Hall

Bathroom (2.29m x 2m (7' 6" x 6' 7"))

Bedroom (3.66m x 2.8m (12' 0" x 9' 2"))

Open Plan Living Kitchen (7.06m x 3.1m (23' 2" x 10' 2"))

Balcony