Room 513, Apartment 10, 14 Beeley Street, Sheffield, South Yorkshire

Description

Fully let private bedroom with en-suite, close to Sheffield city centre. The bedroom is fully furnished with a double bed, wardrobe, desk and chair, bedside table and a fitted large bathroom. The property is tenanted, so no internal inspection is available.

Accommodation

Fully furnished bedroom with double bed, wardrobe, desk and chair, bedside table and en-suite bathroom. Communal kitchen, lounge, gym, laundry and games room areas, plus bike storage areas.

Location

Within easy reach of public transport links, restaurants, shops, pubs and a nearby supermarket, close to Sheffield city centre.

Tenure / Property Information

Investment Analysis

The £5,000 guide cannot be validated because no completed-sale comparables, GDV evidence or sufficiently specific rental evidence has been supplied. The stated non-refundable admin charge adds £3,600 including VAT on exchange, making the guide plus this known charge £8,600 before other possible fees, legal costs, transfer costs, ground rent and service charge. Ongoing stated property charges total £2,726.68 per annum (£295 ground rent plus £2,431.68 service charge).

Investment Snapshot

Strategy Recommendation

Do not bid on the supplied evidence alone. Obtain verified passing rent, tenancy and management information, full lease and service-charge details, inspection or condition evidence, and all buyer and transfer costs before considering the lot.

Works Required

No refurbishment allowance is supported by the evidence. The room is described as furnished with an en-suite, but no internal inspection is available because it is tenanted; condition and any required works therefore remain unverified.

Rental & Market Context

Potential BRRR Position

BRRR is not supportable on the supplied evidence. There is no evidenced GDV, rent, refurbishment budget or refinance valuation, while the property is leasehold and tenanted and internal condition cannot be inspected. The 185-year lease is noted, but ground rent, service charge and other acquisition costs remain material considerations.

Buy-to-Let Analysis

BTL viability cannot be established because no passing rent, auctioneer rent estimate or sufficiently specific external rental comparable has been supplied. The stated £2,726.68 annual ground rent and service charge must be covered before considering finance, tax, management and other costs; the service charge includes electricity, water and other services consumed or used.

Flip Analysis

A flip analysis cannot be completed because no completed-sale comparables, GDV or supported resale allowance has been supplied. The room is tenanted and no internal inspection is available, increasing uncertainty over condition and resaleability. The known guide plus admin charge is £8,600 before other costs.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence or passing rent has been supplied.

• No internal inspection is available because the property is tenanted.

• The stated annual ground rent and service charge total £2,726.68, before finance, tax and management costs.

• A non-refundable £3,600 including VAT admin charge is payable on exchange.

• Additional search, seller-cost reimbursement, legal, transfer, administration, buyer premium and disbursement costs may apply.

• Leasehold terms, service-charge obligations and any management or letting restrictions require verification.

• EPC, council tax and heating information are not supplied.

• Parking is not included and can only be arranged separately with the managing agent.

Recommendation

Do not bid on the supplied evidence alone. Obtain verified passing rent, tenancy and management information, full lease and service-charge details, inspection or condition evidence, and all buyer and transfer costs before considering the lot.

Strategy Rating

Analysis Confidence

Basic tenure, occupancy, lease length, stated charges and guide price are supplied, but there are no rental figures, sale comparables, GDV evidence, inspection findings, EPC, council tax, heating details or complete fee schedule.