Summary - Imperial Buildings, Rotherham S60 1PA
2 bed 1 bath Apartment
Low-cost two-bedroom auction lot in Rotherham town centre, sold with tenant..
Starting bid/price £35,000 — low capital outlay
Sold at auction; 5% non-refundable deposit plus reservation fee
Sitting tenant in place — sold with tenancy
Small apartment 556 sq ft; compact two-bedroom layout
High annual service charge £3,828 and ground rent £265
Electric room heaters; no central heating, higher running costs
Victorian solid brick build with secondary glazing; limited insulation
Area: very high crime and very deprived — impacts demand
This two-bedroom town-centre apartment in Imperial Buildings presents a low-entry investment in Rotherham. The property is compact (556 sq ft), currently occupied by a sitting tenant and offered for sale at auction with a low guide price, making it suitable for buy-to-let investors or portfolio buyers seeking an opportunistic purchase.
The building is a Victorian mid-terrace with high ceilings and large windows; internal photos show a modern open-plan living area and two bedrooms. Construction is traditional solid brick (pre-1900) with secondary glazing. Heating is by electric room heaters and the apartment uses electric mains fuel — expect higher running costs and limited central heating comfort.
Buyers should note material ownership and cost factors: the flat is leasehold, sold at auction, and subject to a high annual service charge (£3,828) plus ground rent (£265). The lot will require the usual auction costs: a non-refundable 5% exchange deposit and a separate reservation/auction fee — review the legal pack before bidding. The area scores high for crime and very high deprivation, which will affect tenant demand and rental values but also keeps purchase price low.
This is a straightforward, low-price, potentially yield-driven purchase for investors comfortable with auction procedures, leasehold commitments and with a plan for either hands-off tenancy or modest refurbishment to improve rental income.
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