Just added

£155,000

2 bed flat for sale
Queen Street, Sheffield S1

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: C

  • New home

Reeds Rains - Sheffield City Living

Logo of Reeds Rains - Sheffield City Living

About this property

  • Two bedrooms & two bathrooms

  • Currently generating £10,800 per annum

  • Vacant possession available subject to notice

  • Spacious 643.68 sq ft ground floor apartment

  • Prime sheffield city centre location

  • Ideal for investors or owner-occupiers

  • Strong rental demand from tenants

Two-Bedroom, Two-Bathroom Ground Floor Apartment

Approx. 643.68 sq ft | Currently Let at £900 pcm | Vacant Possession Available

Investment & Residential Opportunity

An excellent opportunity to acquire a spacious two-bedroom, two-bathroom ground floor apartment within the popular North Church House development in Sheffield City Centre.

Extending to approximately 643.68 sq ft, the apartment offers well-proportioned accommodation ideally suited to professionals, sharers, couples and owner-occupiers seeking convenient city living.

The property is currently let on an Assured Periodic Tenancy (apt) at £900 per calendar month, generating an annual rental income of £10,800. Vacant possession can be granted, subject to satisfactory notice being served upon the current tenant, providing flexibility for both investors and owner-occupiers.

Why Buy This Apartment?
Strong Investment Credentials

Generating £10,800 per annum from the current tenancy, the property offers immediate income potential for buy-to-let investors. Sheffield's thriving rental market continues to attract professionals, graduates and students seeking quality city centre accommodation.

Flexible Purchase Opportunity

Whether you're looking for a ready-made investment or a home for your own occupation, this apartment provides both options, with vacant possession available subject to tenant notice requirements.

Spacious Accommodation

At 643.68 sq ft, the apartment offers significantly more living space than many city centre apartments, with two bedrooms and two bathrooms enhancing its appeal to a wider tenant and buyer demographic.

Prime City Centre Location

Situated in the heart of Sheffield, residents benefit from easy access to major employers, universities, transport links, shopping, restaurants and leisure facilities.

Excellent Tenant Demand

Two-bedroom apartments remain highly sought after by professional sharers, couples and small families, helping to support strong occupancy levels and rental demand.

Ground Floor Convenience

The ground floor position offers ease of access and practicality, appealing to a broad range of occupiers.

Gross Yield Calculation
Gross Yield (%) = Annual Rent ÷ Purchase Price × 100

£155,000 Purchase Price = 6.96% Gross Yield

A spacious and versatile city centre apartment offering immediate rental income, strong tenant appeal and the flexibility to purchase as an investment or future home.

Specification
Common Areas
- Multiple communal entrances
- Modern stylish design to entrances
- 2 lifts
Bathrooms
- High quality white three-piece suite with chrome fittings
- Chrome heated towel rail
- Ceramic part tiled walls and flooring
- Shaker panelled feature wall
Finishes
- Vinyl timber flooring to apartments
- Luxurious carpet to bedrooms
- Chrome finished sockets and light switches throughout
- Electric wall mounted panel radiators
Kitchen
- Bespoke modern custom designed kitchens
- Tiled splashback
- Fully integrated appliances including:
• Dishwasher
• Fridge freezer
• Oven
• Electric hob
• Washer / dryer
Technology
- Video Intercom Entry System linked to your mobile
- Philips Hue Smart Wireless Lights in the living room
- Energy efficient recessed downlights
- usb and usb-c TV sockets in living room and bedrooms
- Wall mounted electric radiators
Security
- Video intercom entry system linked to your mobile
- CCTV

- Secure Post Boxes
Bike Storage
- On-site secure bike storage

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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More information

  • Tenure

  • Service charge

    £1,777 per year

  • Council tax band

    B

  • Ground rent

    £155

  • Report this listing
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Property descriptions and related information displayed on this page are marketing materials provided by - Reeds Rains - Sheffield City Living. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Reeds Rains - Sheffield City Living for full details and further information.