£60,000
2 bed flat for saleNewbank House, 100 Queen Street S1
2 beds
1 bath
1 reception
EPC Rating: C
Added on
About this property
Tenanted Investment Opportunity
Yield in Excess of 10% net
Onsite Private Gym
Close By To Universities
Great Transport Links
Popular Student Development
Two Bedroom Apartment
Close To Local Amenities
Newbank House, 100 Queen Street, S1 2Fa
A rare opportunity to acquire a two-bedroom apartment within the highly sought-after Newbank House development in Sheffield city centre. Comprising 250 high-quality apartments, this purpose-built development is designed to meet the consistently strong demand for student and professional accommodation.
This well-presented, fully furnished apartment features two spacious bedrooms, a modern bathroom, a living room and separate fitted kitchen. Residents also benefit from complimentary WiFi and all-inclusive utility bills, enhancing both convenience and rental appeal.
Newbank House offers an excellent range of on-site amenities, including a state-of-the-art gymnasium, laundry facilities, an entertainment lounge with sky TV, and a games room, providing a premium living experience.
Ideally located within walking distance of Sheffield's vibrant city centre, the development offers easy access to shops, restaurants, bars, transport links, and the city's two universities. Sheffield continues to attract a large student population, supporting strong and consistent demand for quality rental accommodation.
From an investment perspective, Sheffield remains one of the UK's strongest-performing student property markets, benefiting from sustained rental demand, ongoing regeneration, affordable entry prices, and attractive yields compared with many other major UK cities. These factors help support long-term rental stability and potential for capital growth.
Please note: In accordance with the Renters Reform Act, tenancies are let on periodic agreements rather than fixed-term contracts. Rental figures quoted are illustrative of a full years tenancy are subject to change. Please contact us for further information.
Financial Breakdown
Gross Rent: £13,260.00
Net income: £6,427.36
Gross yield: 22.1%
Net yield: 10.71%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08532
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (239 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
.png)