Flat 8, Queens House, Queen Street, Sheffield

- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
431 sq ft
40 sq m
Description
Flat 8, Queens House, Queens Street, Sheffield, S1 1GN
Guide Price: £110,000
Tenanted | Net Yield: 6% | Ideal Investment or City Home
Property Overview:
Welcome to Queens House, a stylish residential development in the centre of Sheffield, offering contemporary urban living in a superbly connected location.
This one-bedroom apartment (approx. 39.9m²) on the ground floor is currently tenanted on a rolling AST at £750 pcm, generating a net yield of 6%, making it a turnkey opportunity for investors.
Finished to a high standard, the apartment features:
*Open-plan living and dining area
*Modern fitted kitchen
*Well-proportioned double bedroom
*Stylish bathroom
*Fully furnished and ready to let or move into
*Development Highlights - Queens House
*Completed: Approx. 2018
*Comprising 99 modern apartments
*Residential use (not student-restricted)
*Managed by MCR Property Group
Location, Location, Location:
Perfectly positioned for both city dwellers and renters, Queens House is just a 5-minute walk to Orchard Square, offering a wide range of shops, cafés, and bars. Entertainment venues like the O2 Academy and Odeon Cinema are also nearby.
With both The University of Sheffield and Sheffield Hallam University within a 15-minute walk, the property also appeals to the student and academic rental market.
Transport links are excellent, with Sheffield Train Station a short stroll away and frequent bus and tram services throughout the city.
Investment Details:
*Price: £110,000
*Tenancy: £750 pcm (Rolling AST from 26.04.2024)
*Net Yield: 6%
*Letting Agent: Reeds Rains (10% + VAT)
*Letting Fee: Included in above
*Furniture Included: Yes
Lease & Financials:
*Lease Length: 135 years from 27 January 2017
*Ground Rent: £200 per annum
*Service Charge: £991.80 per annum
*Payment Terms: 100% on exchange/completion
Additional Information:
*Management Company: MCR
*Access for Viewings: Via Reeds Rains
*Agency Agreement: Signed and Commission Agreed
*Floorplans & Photos: Available on request
*Brochure: Available on request
Arrange a Viewing Today
This property is ideal for hands-off investors, first-time buyers, or anyone looking for a stylish base in Sheffield city centre.
Enquire now to receive the full brochure, floorplan, and to arrange a viewing.
Tenure: Leasehold (135 years)
Ground Rent: £200 per year
Service Charge: £991.8 per year
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Flat 8, Queens House, Queen Street, Sheffield
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Visit our security centre to find out moreDisclaimer - Property reference 8QueensHouse. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Residential Estates, Chester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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