Flat 8, Queens House, Queen Street, Sheffield

Prime Turnkey Investment | 7.4% Net Yield Potential | City Centre Location

High-Yield Buy-to-Let Opportunity in Central Sheffield (Flat 8, Queens House)
Welcome to Queens House, a stylish residential development in the centre of Sheffield, offering contemporary urban living in a superbly connected location.


Asking Price: £100,000

Key Features:
- Attractive Returns: Generates a 7.4% net yield when self-managed (or 6.2% net yield if managed via a traditional letting agent at 10% + VAT).
- Immediate Income: Currently tenanted at £700 pcm, with a scheduled rental increase to £775 pcm effective 7th January 2027.
- Turnkey Investment: Sold fully furnished with an active rolling tenancy in place.
- Prime Central Location: Situated in Sheffield city centre, within a 15-minute walk of both The University of Sheffield and Sheffield Hallam University, as well as Sheffield Train Station.
- Modern Development: Contemporary ground-floor apartment (approx. 39.9 m²) within a stylish 2018 residential scheme.


Property Description:
An exceptional opportunity for buy-to-let investors to acquire a modern, fully furnished ground-floor apartment in the popular Queens House development on Queens Street, Sheffield.

Offering strong, immediate returns, this 39.9 m² single-bedroom property is currently let on a rolling AST at £700 pcm. Income performance is set to increase further with a pre-arranged rent adjustment to £775 pcm starting 7th January 2027.


Interior & Accommodation:
- Living Area: Open-plan lounge and dining space featuring clean, modern finishes and neutral decor.
- Kitchen: Fully integrated kitchen fitted with contemporary units and built-in appliances.
- Bedroom: Well-proportioned double bedroom complete with soft carpeting and ample space for wardrobes.
- Bathroom: Stylish tiled bathroom equipped with a full three-piece suite and chrome heated towel rail.
- Furnishings: Fully furnished and sold as a ready-made investment unit.


Location Highlights:
Queens House is situated in a vibrant city-centre position:

- Shopping & Amenities: 5-minute walk to Orchard Square Shopping Centre, local cafes, bars, and eateries.
- Education & Employment: Under a 15-minute walk to both The University of Sheffield and Sheffield Hallam University, driving strong year-round tenant demand.
- Transport: 15-minute walk / short drive to Sheffield Train Station and Supertram links, offering direct routes across the region and to London St Pancras.


Investment & Lease Financials:
- Guide Price: £100,000
- Current Rent: £700 pcm (£8,400 per annum)
- Rent Increase: £775 pcm (£9,300 per annum) from 7th January 2027
- Net Yield: 7.4% (Self-managed) / 6.2% (Fully managed at 10% + VAT)
- Tenancy Status: Tenanted (Rolling AST)
- Lease Length: 135 years remaining from 27th January 2017
- Ground Rent: £200 per annum
- Service Charge: £1,710.80 per annum (Note: Adjusted higher for current year due to required building maintenance works; historic baseline was ~£950/pa and may reduce in future years).


Enquiries & Viewings:
Due to the strong yield and existing tenancy, early enquiries are highly recommended.

Viewing Arrangements: Viewings are strictly by appointment only.

To Enquire or Arrange a Viewing: Please contact our team via the 'Request Details' or 'Contact Agent' button on this page, or call directly to speak with an investment specialist.

Note for Investors: Full due diligence information, tenancy details, lease documentation, and access to the walkthrough video are available upon request.

Tenure: Leasehold (135 years)
Ground Rent: £200 per year
Service Charge: £1,710.8 per year