Studio apartment

Sovereign House, 110 Queen Street, Sheffield S1 2DW

Size: 20.7 sqm

Purchase price

£55,000

Size: 20.7 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,375
Ground rent £250
Service charge £1,476
Lettings fees £574
Net income £4,075
Gross yield 11.59%
Net yield 7.41%

Attention Investors! Modern and stylish student development ideally located in Sheffield city centre, minutes from the universities with a sitting tenant for income straight away offering NET yields in excess of 7%!


We are pleased to present this luxury self-contained studio in the heart of Sheffield situated in the premium student accommodation development – Sovereign House. Situated on the 10th floor of the building offering great views and fully furnished to a high specification.

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 within Sheffield is also 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, 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.

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

Interested in this property? Enquire today to recieve further details upon this investment opportunity

Key features

Key features

NET yields over 7% from day one of investment

Key features

Luxury student investment opportunity

Key features

Fully furnsihed

Key features

Local to universites

Key features

Popular student development

Key features

Onsite gym for residents use

Key features

Ample communal space

Key features

Outside courtyard

Key features

Managed by experienced agents

Attention Investors! Modern and stylish student development ideally located in Sheffield city centre, minutes from the universities with a sitting tenant for income straight away offering NET yields in excess of 7%! 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. Situated on the 10th floor of the building offering great views and fully furnished to a high specification.

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 within Sheffield is also 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, 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.

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

  • Key features
    Tick Desktop NET yields over 7% from day one of investment
    Tick Desktop Luxury student investment opportunity
    Tick Desktop Fully furnsihed
    Tick Desktop Local to universites
    Tick Desktop Popular student development
    Tick Desktop Onsite gym for residents use
    Tick Desktop Ample communal space
    Tick Desktop Outside courtyard
    Tick Desktop Managed by experienced agents
  • LocationLocation

*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.

Breakdown
Financial performance*
Gross rent £6,375
Ground rent £250
Service charge £1,476
Lettings fees £574
Net income £4,075
Gross yield 11.59%
Net yield 7.41%

*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.