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Sovereign House, Queen Street, Sheffield, S1 2FQ

Key features

  • Studio apartment in the heart of Sheffield city centre
  • Student residency
  • Walking distance to Sheffield & Hallam University campus
  • 18% gross yield - 12% net yield after service charges
  • Communal amenities including social spaces, including lounge, pool table, games room, laundry room, outdoor terrace and bike store.
  • Currently tenanted 26/27 academic year

Description

|| Contemporary studio apartment || Situated in the heart of Sheffield city centre || Student accommodation || Excellent transport links || Close to local amenities || Great investment potential of 18% gross yield ||

Discover this contemporary studio apartment, perfectly positioned in Sovereign House on Queen Street, Sheffield. This property offers an outstanding opportunity for those seeking an investment opportunity in student accommodation.

The property provides an open plan living and kitchen space, with space for a bed, table and desk. Along with a separate shower room.
This student development is serviced by a concierge and benefits from communal social spaces, including lounge, pool table, games room, laundry room, outdoor terrace and bike store.

Located in the vibrant heart of Sheffield city centre, Sovereign House offers unparalleled convenience. Residents will appreciate easy access to a wealth of local amenities, including diverse shopping, dining, and entertainment options. Excellent transport links are readily available, connecting you effortlessly to the wider city and beyond. It is within walking distance of both universities and hospitals

The property is currently tenanted, achieving a monthly rent of £615 PCM. A breakdown of the service charges are below:

Leasehold:
238 years remaining
Service Charge - £2173.20 PA
Ground Rent - £384.39 PA

Please visit "Key facts for buyers" link for all property material information.

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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
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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Sovereign House, Queen Street, Sheffield, S1 2FQ

Approximate location

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Affordability

Monthly repayments£201
Property: £ 40,000
Deposit: £ 4,000
Interest rate: 5.33%
Term: 30 years
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About Williams & Co Estate Agents, Powered by eXp, Sheffield

Crookes, Sheffield, S10

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Disclaimer - Property reference S1724741. 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 Williams & Co Estate Agents, Powered by eXp, Sheffield. 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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