Studio apartment for sale

Sovereign House, Queen St, Sheffield, S1 2DW

Full description

Size: 20.4 sqm

Attention Investors! Modern and stylish student development ideally located in Sheffield city centre! more info...

We are pleased to present this luxury self contained 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.

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.

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Key features

Key features Modern & stylish development
Key features Fully furnished
Key features On site gymnasium
Key features Resident cinema room
Key features Close to all local amenities
Key features Minutes from the universities

Financial Performance*

Purchase price £65,000
Gross rent £5,970
Ground rent £250
Service charge £1,583
Lettings fees £478
Net income £3,659
Gross yield 9.18%
Net yield 5.63%

*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, Queen St, Sheffield, S1 2DW,

Purchase price £65,000
Gross rent £5,970
Ground rent £250
Service charge £1,583
Lettings fees £478
Net income £3,659
Gross yield 9.18%
Net yield 5.63%

Full description

Attention Investors! Modern and stylish student development ideally located in Sheffield city centre! more info...

We are pleased to present this luxury self contained 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.

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.

Key features

TicksModern & stylish development
TicksFully furnished
TicksOn site gymnasium
TicksResident cinema room
TicksClose to all local amenities
TicksMinutes from the universities

Amenities

Bus Bus
City Centre City Centre
Close To Public Transport Close To Public Transport
Fitted Kitchen Fitted Kitchen

*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.