Queen Street, Sheffield, S1
- PROPERTY TYPE
Studio
- SIZE
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Key features
- Buy-to-let sudent investment with sitting tenant
- Annual rental income of £9,620
- Net yield currently being generated 13.4%
- Fully furnished studio apartment
- Long lease of 250 years as of 2025
- Reputable managing agent currently in place
Description
An excellent opportunity to acquire a fully managed student investment unit in the heart of Sheffield. This modern, fully furnished studio apartment is ideally positioned for strong tenant demand, offering a hands-off investment with immediate income.
Lettings and Property Management
Managed by Student Facilities Management, one of the UK's leading student property management companies, this unit offers investors a genuinely hands free investment opportunity. StudentFM not only look after the day to day running of the building, but are also responsible for finding and onboarding new tenants and rental payments both from the tenants and to the landlords.
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Property Details
* Self-contained studio apartment
* Fully furnished to a high standard
* Private ensuite bathroom
* Located within a popular student development
* Professionally managed for ease of ownership
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Investment Summary
* Asking Price: £45,000 (Cash Purchase Only)
* Weekly Rental Income: £185
* Annual Rental Income: £9,620 (based on 52 weeks)
* Tenancy Commencement: June 2025
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Annual Costs
* Management Fees: £1,038.96
* Service Charge: £2,157.95
* Ground Rent: £384.00
Total Annual Costs: £3,580.91
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Net Income & Yield
* Net Annual Income: £6,039.09
* Net Yield: 13.42%
A strong double-digit return, making this an attractive addition to any property portfolio.
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Location
Situated on Queen Street, the property benefits from a central location within Sheffield, a thriving university city with a large and consistent student population. The development is within easy reach of both universities, transport links, retail, and leisure amenities.
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Why Invest in Sheffield?
* Home to two major universities with over 60,000 students
* Consistent demand for quality student accommodation
* Ongoing regeneration and economic growth
* Attractive yields compared to other UK cities
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Key Highlights
* High-yielding student investment
* Fully managed - hands-off ownership
* Prime city centre location
* Turnkey investment with tenancy in place
* Affordable entry price point
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Disclaimer
This property is offered as a cash purchase only, suitable for investors seeking strong rental returns in the student accommodation sector.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Queen Street, Sheffield, S1
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Visit our security centre to find out moreDisclaimer - Property reference 406-Sovereign-House-Sheffield. 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 Pure, Manchester. 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.
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