Lot
066
Auction: March 2024 Online Auction 27/03/2024 - Bidding opens Tuesday 26th March 10:00 AM

Flats 1-4, 50 Machon Bank, Nether Edge, Sheffield, South Yorkshire, S7 1GP

Property Details
Location
Auction Details
Description
RESIDENTIAL INVESTMENT - A substantial inner terrace property located in this popular and convenient residential area off Abbeydale Road. the property comprises a long established conversion into 4 flats, all of which are fully let, producing an annual income of £24,324. Potential is offered for ongoing letting or future conversion back into a family house and benefits from a good size rear garden and pleasant open outlook
Location
Machon Bank runs between Abbeydale Road, at the junction with Empire Road and Moncreiffe Road in the long established residential area of Nether Edge, less than 2 miles to the south east of Sheffield City Centre.
Accommodation

Ground Floor 
Communal Reception Hallway
Flat 2Sitting Room, Dining Kitchen & Shower Room/WC
Lower Ground Floor
Meter Room
Flat 1 Bedsitting Room with shower, Kitchen & Rear Lobby with WC
First Floor
Landing
Flat 3

Living Kitchen, Bedsitting Room & Shower Room/WC

Second Floor
Landing
Flat 4Bedsitting Room & Shower Room/WC

Outside
Forecourt and good size rear garden with pedestrian access.
Tenure
500 years from 26th October 1909 at an annual ground rent of £7
Tenancy

FLATRental (pcm)
Flat 1£434
Flat 2£430
Flat 3£600
Flat 4563
TOTAL£24,324pa

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 26TH MARCH AND CLOSES ON WEDNESDAY 27TH MARCH.

3. Energy Performance Certificate:
Flat 1 = D.
Flat 2, 3 & 4 = E.

Our Nearest Office

Sheffield 600x300

Sheffield

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