£35,000
Studio for saleSovereign House, Queen Street, Sheffield S1
1 bed
1 bath
1 reception
EPC Rating: C
About this property
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 vacant but rest of building at full capacity
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 vacant, but could achieve 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.
Mortgage calculator
£175 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (239 years)
Service charge
£2,173 per year
Council tax band
A
Ground rent
£384
Ground rent date of next review



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