Unit 50, Norfolk Park Village, 200 Norfolk Park Road, Sheffield, S2 2UA

Summary An excellent investment opportunity situated within the popular Norfolk Park Village development, an area well known for individual room lets and strong rental demand.

This four bedroom bungalow set in a gated community is ideally suited to investors looking to expand their portfolio with a property tailored towards multi-room occupancy.

Currently there is one room occupied paying 395pcm.

Upon entering the property, you are welcomed into a lounge kitchen area featuring a large front facing window which provides plenty of natural light, creating a bright and airy living space.

The property further benefits from four well-proportioned bedrooms, all offering good usable space for tenants.

There is also a separate W.C along with a shower room fitted with a shower, pedestal sink, and W.C.

Ideally positioned close to Sheffield City Centre and train station, the property offers excellent convenience for commuters and tenants alike.

Norfolk Park Village also benefits from nearby amenities, transport links, and educational facilities like Sheffield Hallam City Campus, making it a consistently popular rental location.

The development was originally built to serve Hallam University as Norfolk Park Student Residences and it is now known as Park Village.

Early viewing is highly recommended to appreciate the investment potential on offer.

Council Tax Band: A Tenure: Leasehold Length of Lease: 106 Annual Ground Rent Amount: 500.00 Annual Service Charge Amount: 996.00 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.