New Bank House, 100 Queen Street, Sheffield, S1 2FA

A rare opportunity to acquire a one-bedroom apartment within the highly sought-after Newbank House development, the second phase of the successful Sovereign House student scheme. Having undergone extensive refurbishment, the development comprises 250 high-quality apartments designed to meet the strong and consistent demand for premium student accommodation in Sheffield.

This well-presented one-bedroom apartment is fully furnished and features a modern en-suite layout, a fitted kitchenette, and a dedicated study area—perfectly suited to the needs of today’s student tenant. Residents also benefit from free WiFi and all-inclusive bills, offering both convenience and strong rental appeal.

Newbank House provides an exceptional living experience, with access to a range of high-spec communal facilities including laundry services, an entertainment room with SKY TV, a games room, and a fully equipped state-of-the-art gymnasium.

Ideally located within walking distance of Sheffield’s vibrant city centre, residents can enjoy a wide selection of bars, restaurants, and nightlife. Sheffield is widely recognised as one of the UK’s leading student cities and was ranked number one for student satisfaction by the Times Higher Education Survey.

From an investment perspective, Sheffield continues to outperform many UK cities due to its large and growing student population, multiple universities, and ongoing regeneration projects. The city benefits from strong rental demand, relatively low entry prices, and attractive yields compared to other major cities. This, combined with a consistent influx of students and young professionals, helps underpin long-term rental stability and potential for capital growth.

Financial Breakdown

Gross Rent: £8,887.50
Net income: £3,821.80
Gross yield: 23.39%
Net yield: 10.06%
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-08481