Studio apartment for sale

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

Full description

Size: 20.4 sqm

Lucrative student investment opportunity in the student hot-spot Sheffield - Tenanted to August 2018 with 6.99% NET yield! more info...

We are pleased to present this luxury self contained studio located on the 5th floor in the premium student accommodation development – Sovereign House in the heart of Sheffield.

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 games 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.

The economy also within Sheffield is booming, and continues to develop at a rate of 5% each year. As Sheffield has become a very desirable place to live and work in the last few years, a demand for property has increased, making now the perfect time to invest!
It is no surprise that the city has recently become one of the UK’s most treasured property investment hotspots for student accommodation!

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

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Key features

Key features NET yield of 6.99%!
Key features Tenanted for immediate income
Key features Popular student development
Key features Fully furnished
Key features Private residents gym
Key features Local to amenities and universities
Key features Good transport routes

Financial Performance*

Purchase price £55,000
Gross rent £5,970
Ground rent £250
Service charge £1,399
Lettings fees £478
Net income £3,843
Gross yield 10.85%
Net yield 6.99%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Studio apartment for sale

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

Purchase price £55,000
Gross rent £5,970
Ground rent £250
Service charge £1,399
Lettings fees £478
Net income £3,843
Gross yield 10.85%
Net yield 6.99%

Full description

Lucrative student investment opportunity in the student hot-spot Sheffield - Tenanted to August 2018 with 6.99% NET yield! more info...

We are pleased to present this luxury self contained studio located on the 5th floor in the premium student accommodation development – Sovereign House in the heart of Sheffield.

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 games 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.

The economy also within Sheffield is booming, and continues to develop at a rate of 5% each year. As Sheffield has become a very desirable place to live and work in the last few years, a demand for property has increased, making now the perfect time to invest!
It is no surprise that the city has recently become one of the UK’s most treasured property investment hotspots for student accommodation!

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

Key features

TicksNET yield of 6.99%!
TicksTenanted for immediate income
TicksPopular student development
TicksFully furnished
TicksPrivate residents gym
TicksLocal to amenities and universities
TicksGood transport routes

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.