Lot
007
Auction Ends: 28/05/2025 10:18 - Bidding opens Tuesday 27th May 12:00 PM

Flats and Garages at Tollgate Court, Pitsmoor Road, Pitsmoor, Sheffield, S3 9BD

Property Details
Location
Description
SUBSTANTIAL RESIDENTIAL INVESTMENT - £160.200pa. 20 purpose built flats in four interlinked blocks ,occupying a freehold site of just under an acre in this long stablished area, within a minutes walk from Abbeyfield Park and just over a mile from Sheffield's Northern General Hospital. The flats are professionally managed and benefit from a recent programme of improvement, including the majority of windows being replaced, new entrance doors, CCTV and car parking. All 20 flats are let by way of 12 month tenancies at average rents of £667pcm giving a monthly rent of £13,350.
Accommodation
Each flat comprises-

Living Kitchen
Bedroom
Bathroom/WC 

All are accessed off spacious communal areas and benefit from recently replacement double glazed windows  and electric central heating.  

Outside
Tollgate Court occupies a private site of just under half an acre with vehicular access, car parking, three lockup garages,(currently used by the seller's maintenance team) and a substantial store.
Approx Site Area
0.812ha (0.448 acre)
Tenancy
FlatTenancy Details Rent (pcm)Rent (pa)
112m from 26th Jan 2024£700£8,400
212m from 5th July 2024£700£8,400
312m from 10th may 2024£700£8,400
412m from 28th Sep 2024£700£8,400
512m from 27th June 2024£750£9,000
612m from 28th 28th Feb 2025£650£7,800
712m from 14th Jan 2025£650£7,800
812m from 24th May 2024£650£7,800
912m from 15th July 2025£700£8,400
106m from 31st Oct 2018£575£6,900
1112m from 19th Oct 2024£675£8,100
1212m from 15th Aug 2023£625£7,500
1412m from 13th Dec 2024£600£7,200
1512m from 25th Sep 2024£700£8,400
1612m from 23rd  Dec 2024£625£7,500
1712m from 5th Feb 2025£650£7,800
1812m from 24th Jan 2025£700£8,400
1912m from 12th May 2022£650£7,800
2012m from 29th Nov 2025£700£8,400
2112m from 7th June 2024£650£7,800
TOTAL 20 flats (no 13) 
£13,350pcm£160,200

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 27TH MAY AND CLOSES ON WEDNESDAY 28TH MAY.

A full copy of the EPC will be available to view via our website

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