SEE PAGE 5 FOR INFORMATION AND GUIDE/RESERVE PRICE DEFINITIONS LOT 39 230 Shoreham Street, Sheffield S1 4ST • Fully refurbished inner terrace • Excellent location close to Sheffield Hallam •Registered as a house in multiple occupancy • Let to four for the 2014 / 2015 academic year • £13,020 per annum •Previous years incomes £16,125. £16,950, £17,700 • uPVC double glazing • Modern gas central heating •Re-wired and hard wire smoke / fire detectors • Two shower rooms and two WC’s • Worthy of an internal inspection Ground Floor Reception Hall Front Bedroom One 2.45 m x 4.52 m Sitting Room 3.62 m x 3.56 m Cellar Head Kitchen 4.12 m x 1.78 m with a good range of modern units, built-in oven, hob and extractor Shower Room and Wash Basin 1.76 m x 0.82 m with dormer window Rear Bedroom Five 3.05 m x 2.91 m with recess to one side and dormer window Separate WC and Wash Basin 1.89 m x 0.85 m Basement Cellar EPC Rating E The full Energy Performance Certificate is available via our website First Floor Landing Rear Bedroom Two 3.55 m x 2.55 m Shower Room / WC 2.56 m x 1.44 m with white suite Front Bedroom Three 3.77 m x 2.53 m Second Floor Landing Front Bedroom Four 2.97 m x 3.75 m LOT 40 STUDENT INVESTMENT GUIDE PRICE: £140,000-£150,000 Outside Forecourt Rear garden area people for the current academic year but due to one late withdrawal the property is currently let to four by way of an Assured Shorthold Tenancy from 17 June 2014 at a rent equivalent to £13,020 per annum A copy of the Agreement is available for inspection SOLICITORS: Taylor & Emmet, 20 Arundel Gate, Sheffield S1 2PP (Ref: Mike Haslam) VIEWING: Strictly by appointment with the Auctioneers 0114 276 0151 Tenancy Details The property has historically been let to five students with incomes for previous years as follows: 2013 / 2014 - £17,700 2012 / 2013 - £16,950 2011 / 2012 - £16,125 There was an agreement for five Ground Rents at Ventnor Court, Wostenholm Road, Sheffield S7 1LB GUIDE PRICE: £25,000-£30,000 INVESTMENT • Freehold ground rents amounting to £2,147 per annum •Rising to £3,047 in 2038 • Secured to 48 flats and 21 garages • 200 year leases from 25 March 1983 The Portfolio is described as follows: A Flats 1-36 plus basement storage and 8 garages producing £975 per annum B 13 garages producing £260 per annum C Service company ground rent from common parts producing £5 per annum Lease Terms With the exception of the YEB ground rent the properties are held for 200 years from 25 March 1983 Further details will be included in the legal pack Landlord and Tenant Act 1987 Appropriate notices were served on 24 March 2014 relating to the sale by auction on 16 September 2014 SOLICITORS: Wake Smith LLP, 68 Clarkehouse Road, Sheffield S10 2LJ (Ref: Jonathan Knight) D YEB ground rent 60 years from 1 February 1964 producing £7 per annum E Flats 37-48 producing £900 per annum rising to £1,800 per annum in 2038 Total: £2,147 per annum (rising to £3,047 per annum in 2038) 28www.markjenkinson.co.uk
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