Studio for sale

Allen Street, Sheffield S3

Summary

Contemporary Studio Apartment in Nurtur House - Prime Sheffield City Centre Investment.

Located within the popular Nurtur House development, this stylish studio apartment presents an excellent investment opportunity in one of Sheffield's leading purpose-built student accommodation schemes. The apartment is currently vacant, with a student tenancy due to commence in September, allowing purchasers to secure a property with an upcoming income stream already in place.

The apartment has been thoughtfully designed to maximise both comfort and functionality, offering an open-plan living space incorporating a sleeping area, study zone and modern kitchenette. The fitted kitchen includes a hob, microwave, sink and fridge/freezer, while the accommodation is completed by a contemporary en-suite shower room. The room is fully furnished with a double bed, wardrobe, study desk and chair, together with a 43-inch Smart TV and high-speed Wi-Fi, allowing students to move straight in.

Residents of Nurtur House benefit from an exceptional range of on-site facilities that create a vibrant student community. These include a fully equipped gym, private study rooms, a cinema and entertainment lounge, reception lounge with pool table, tranquil wellbeing room, landscaped courtyard and a rooftop terrace offering impressive views across Sheffield.

Additional conveniences include a 24-hour concierge service, CCTV security, on-site maintenance, secure cycle storage, smart laundry facilities and a dedicated parcel collection point, providing everything students need under one roof.

Situated in the heart of Sheffield City Centre, the development is within easy walking distance of both the University of Sheffield and Sheffield Hallam University, while an array of shops, cafs, restaurants and excellent transport links are all close by.

Resident Amenities:

Residents' gym
Rooftop terrace with panoramic city views
Landscaped courtyard
Cinema and entertainment lounge
Reception lounge with pool table
Private study rooms
Calm room for relaxation and wellbeing
Secure cycle storage
Smart laundry facilities
24/7 concierge, CCTV and on-site security
On-site maintenance and parcel collection service

Investment Highlights:

Student tenancy agreed to commence in September
Purpose-built student accommodation
Prime Sheffield City Centre location
Walking distance to both universities
Strong buy-to-let investment potential
Utilities, high-speed broadband and contents insurance included within the management package

Council Tax Band: A
Tenure: Leasehold
Length of Lease: 244
Annual Ground Rent Amount: 275.00
Annual Service Charge Amount: 3,367.00

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.