Tenure
Knowing the tenure of the property is important because it affects your rights to use the property and the costs of ownership.
Freehold means you’ll own the property and the land it's built on. You'll usually be responsible for the maintenance of the property and have more freedom to alter it.
For flats and maisonettes, the freehold is sometimes shared with other properties in the same building. This is known as a share of freehold.
Leasehold means you'll have the right to live in the home for a set amount of years (specified in the lease). The landlord (the freeholder) owns the land, and if the lease runs out, ownership of the property will go back to them. Lease lengths that are less than 80 years tend to be more complicated and can cause issues with mortgage lenders.
You can extend a lease but this can be expensive. If you'd like to make changes to the property, you'll likely need the landlord’s permission. You're also likely to have to pay an annual amount for ground rent and services charges which can be subject to change. It is good practice to check additional leasehold costs that will apply to the property and factor this into your budget considerations.
Shared ownership is a form of leasehold in which you buy a percentage of the property and pay rent on the share you do not own. You may be able to buy the remaining share at an extra cost. When you wish to sell the property, you may need permission to do so.
Commonhold is a type of freehold ownership for a property that's within a development. A commonhold or residents’ association owns and manages the common parts of the property (like stairs and hallways). You'll need to join the commonhold association and contribute towards maintaining the development. It is good practice to check additional costs that will apply to the property and factor this into your budget considerations.
- Terraced houses
Features and description
- **guide price £125,000 - £130,000***
- Three Bedroom Mid Terrace
- Council Tax Band A
- Vacant possession
- Freehold
- Close to Local Amenities
- Convenient for M1 & M18 Motorway Network
- Excellent Rental Opportunity for the Investor
- EPC Rating C
- Gsi & eicr Certificates
**guide price £125,000-£130,000**
Available with no chain, Three bedroom property new to the market and perfect for the first time buyer or investor.
Situated in the heart of Swallownest close to local amenities including Rother valley Country park, Meadowhall Shopping Complex and the centre of Sheffield and Rotherham are within reach, access to M1 motorway network nearby.
**guide price £125,000-£130,000**
Available with no chain, Three bedroom property new to the market and perfect for the first time buyer, young family or investor. The property has been previously rented bringing in a good rental and has the relevant valid gsi and eicr certificates.
The property briefly comprises; lounge, dining kitchen, two bedrooms and bathroom on the first floor and third bedroom in the attic space on the second floor.
Enclosed garden to the rear.
The property is situated in the heart of Swallownest close to local amenities including Rother Valley Country Park, Meadowhall Shopping Complex and the centre of Sheffield and Rotherham are within reach with access to the M1 and M18 Motorway networks nearby.
Lounge 12' 11" x 12' 10" (3.96m x 3.93m) The front Upvc door leads into the lounge with large Upvc window, wood flooring, brick feature fireplace with log burner and coving. Door leads to the inner lobby.
Kitchen/diner 12' 10" x 12' 10" (3.93m x 3.92m) To the rear of the property with Upvc window over looking the garden area with sink with mixer tap set beneath. Plenty of work surface area with wall and base units, integrated dishwasher, electric oven with gas hob and extractor above, space for fridge freezer, plumbing for washing machine and ample space for dining table. Tiled splashback and vinyl tile effect floor covering.
Rear entrance door to the garden area and access door to one corner with steps to the cellar.
Cellar 12' 11" x 7' 11" (3.96m x 2.43m) The cellar is accessed from the kitchen/diner.
There is a further storage area of 2.63 x 1.50m
first floor landing Access to two of the bedrooms and the bathroom and stairs to the third bedroom on the second floor.
Bedroom two 12' 11" x 12' 10" (3.96m x 3.93m) Double bedroom to the front of the property with storage cupboard to one corner.
Bedroom three 9' 10" x 6' 7" (3.01m x 2.03m) Single bedroom with rear facing window.
Bathroom White suite comprising of bath with overhead shower, low flush WC and pedestal hand wash basin. Tiling to one wall, laminate wood effect flooring and frosted rear facing window. Storage cupboard housing the boiler.
Bedroom one 16' 11" x 12' 10" (5.16m x 3.93m) Large double bedroom in the attic space with wood flooring and rear Velux window.
Outside To the front of the property a small courtyard with low brick wall to the border and wrought iron gate.
To the rear of the property a low maintenance paved garden area with timber fencing to the borders and gate gives access to the alleyway leading to the front of the property.
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