Studio for sale

Sovereign House, 110 Queen Street, Sheffield, South Yorkshire S1

Sovereign House, 110 Queen Street, Sheffield, South Yorkshire, S1 2Fr

This fully furnished student investment at Sovereign House presents an attractive opportunity for investors seeking a well-located, low-maintenance property in one of Sheffield’s established student areas.

The apartment is furnished to a modern standard and benefits from a private bathroom and fitted kitchen area. Residents also have access to excellent communal facilities, including a gymnasium and a games room.

Sovereign House is located in central Sheffield, less than half a mile from both The University of Sheffield and Sheffield Hallam University, placing it within easy reach of two major universities as well as the city centre’s shops, restaurants, bars and amenities.

Sheffield remains a popular student destination, supported by its two major universities, comparatively affordable living costs and ongoing regeneration. The city's strong student population continues to underpin demand for well-positioned student accommodation.

The anticipated rental income is based on a full 12-month tenancy at £650 pcm, providing an anticipated annual rental income of £7,800. These figures are indicative and subject to market conditions and the achievable rent at the time of letting.

Please note that the property may be within a selective licensing area. Prospective purchasers should make their own enquiries regarding applicable licensing requirements, costs and obligations before proceeding.

With its central location, proximity to two leading universities, strong resident facilities and professional management, Sovereign House offers investors the opportunity to benefit from Sheffield’s established student rental market and potential for consistent tenant demand.

Financial Breakdown

Gross Rent: £7,800.00
Net income: £4,445.60
Gross yield: 26%
Net yield: 14.82%
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-08619