Offers in region of
£40,000
Studio for saleSovereign House, Queen Street, Sheffield S1
1 bed
1 bath
1 reception
EPC Rating: C
Williams & Co Estate Agents powered by eXp
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About this property
Studio apartment in the heart of Sheffield city centre
Student residency
Walking distance to Sheffield & Hallam University campus
18% gross yield - 12% net yield after service charges
Communal amenities including social spaces, including lounge, pool table, games room, laundry room, outdoor terrace and bike store.
Currently tenanted 26/27 academic year
|| Contemporary studio apartment || Situated in the heart of Sheffield city centre || Student accommodation || Excellent transport links || Close to local amenities || Great investment potential of 18% gross yield ||
Discover this contemporary studio apartment, perfectly positioned in Sovereign House on Queen Street, Sheffield. This property offers an outstanding opportunity for those seeking an investment opportunity in student accommodation.
The property provides an open plan living and kitchen space, with space for a bed, table and desk. Along with a separate shower room.
This student development is serviced by a concierge and benefits from communal social spaces, including lounge, pool table, games room, laundry room, outdoor terrace and bike store.
Located in the vibrant heart of Sheffield city centre, Sovereign House offers unparalleled convenience. Residents will appreciate easy access to a wealth of local amenities, including diverse shopping, dining, and entertainment options. Excellent transport links are readily available, connecting you effortlessly to the wider city and beyond. It is within walking distance of both universities and hospitals
The property is currently tenanted, achieving a monthly rent of £615 pcm. A breakdown of the service charges are below:
Leasehold:
238 years remaining
Service Charge - £2173.20 pa
Ground Rent - £384.39 pa
Please visit "Key facts for buyers" link for all property material information.
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More information
Tenure
Leasehold (239 years)
Service charge
£2,173 per year
Council tax band
A
Ground rent
£384
Ground rent date of next review