Summary - ANCHOR POINT, 323 APARTMENT 67 BRAMALL LANE SHEFFIELD S2 4RR
2 bed 2 bath Apartment
Low-entry city-centre two-bed ideal for rental investors; factor service charges and auction fees..
Two bedrooms, two bathrooms with en suite to master
Open-plan living on the fourth floor with city-facing windows
Allocated off-street parking space included
Long lease: 228 years remaining (from 2006)
High annual service charge: £2,368.47 and ground rent £200 pa
Buyer's Administration Fee £2,400 payable on exchange
Sold at auction — 14-day completion; details may change
Electric room heaters only — potentially higher running costs
A compact two-bedroom, two-bath fourth-floor apartment with open-plan living in a purpose-built city development. The unit includes an en suite to the master, allocated off-street parking and an EPC rating of C — practical features for rental to students or city professionals.
This lot is offered at auction with a low guide price, long lease (228 years remaining) and immediate completion terms (14 days from exchange). Note there is a sizeable annual service charge (£2,368.47), a ground rent (£200 pa) and a Buyer's Administration Fee of £2,400 payable on exchange — important costs for buyers and investors to factor into total acquisition outlay.
The apartment relies on electric room heaters rather than central heating, which may increase running costs for tenants. The property sits in a cosmopolitan, student-focused neighbourhood with fast broadband and excellent mobile signal, but the local area records higher crime levels and general deprivation; investor demand is likely to be rental-led rather than owner-occupier.
Suitable for investors seeking a low-entry-priced city-centre rental, this property offers straightforward letting potential but requires realistic budgeting for service charges, administration fees and heating costs. Buyers should carry out full due diligence prior to bidding; auction particulars may be updated and the sale is subject to change.
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