Studio flat for sale

Sovereign House, 110 Queen Street, Sheffield, S1 2DW

£55,000

Property Description

Key features

  • Tenanted with NET yields of 6.70%!
  • Popular student development
  • Managed & Let by experienced agents - Fortis
  • Luxury premium single studio
  • Offered fully furnished to a high standard
  • Local to universities
  • Private residents gym onsite
  • Games room

Full description

We are pleased to present this luxury studio in the heart of Sheffield situated in the premium student accommodation development – Sovereign House.

Sovereign House was recently refurbished to a high standard throughout, and now offers tastefully renovated, fully furnished studios. The accommodation also features a gymnasium, a game room, a cinema room and communal lounges available for residents to make use of. In addition, residents will have access to free WiFi and SKY TV.

Sheffield itself is a beautiful city which is very attractive to students from around the world looking for a top class university experience in an affordable and friendly city.
There are two high quality universities situated in Sheffield, bringing in a new wave of young individuals each and every year. With thousands of students coming to live and study in the area, there is a constant demand for student accommodation, making for an easy return on investment in this busy city.

It is no surprise that the city has recently become one of the UK’s most treasured student property investment hotspots!

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £6,120
Ground rent: £250
Service charge: £1,399
Lettings fees: £588
Net income: £3,884
Gross yield: 11.13%
Net yield: 7.06%

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-8954


Listing History

Added on Rightmove:
01 November 2018

Nearest stations

  • Cathedral (0.1 mi)
  • Castle Square (0.2 mi)
  • City Hall (0.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

0161 468 0403 Local call rate

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Map & Street View

Nearest stations

  • Cathedral (0.1 mi)
  • Castle Square (0.2 mi)
  • City Hall (0.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

0161 468 0403 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference YL-8954. 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 yieldit, 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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