Studio apartment

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

Size: 18.9 sqm

Purchase price

£50,000

Size: 18.9 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,630
Ground rent £250
Service charge £1,986
Lettings fees £875
Net income £3,518
Gross yield 13.26%
Net yield 7.04%

EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT INVESTMENT - CASH BUYERS ONLY! Sovereign House is purpose built student accommodation in Sheffield city centre which is currently tenanted to provide immediate income!


**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

Sovereign House has undergone an extensive refurbishment and provides 250 apartments to cater for the demand of students who desire luxury accommodation in Sheffield.

This premium studio apartment is fully furnished and contains a fitted kitchenette and a dedicated study area. In addition, free WiFi is provided to all residents and all bills are inclusive!

Additionally top of the range communal facilities such as the laundry room, entertainment room (including SKY TV), games room and fully equipped state-of-the-art gymnasium act as another bonus for discerning students studying in Sheffield.

Sovereign House is perfectly placed equidistant between Sheffield’s two universities and the main city train station and the Supertram system.

Sheffield is recognised by the Times Higher Education Survey as the number one city in the UK for student satisfaction and all of the cities bars, restaurants, clubs and other nightlife destinations are within walking distance for residents.

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 for more information

Key features

Key features

Earn instant income

Key features

Studio apartment

Key features

Fully furnished

Key features

Fifth floor

Key features

Onsite gymnasium

Key features

Communal areas

Key features

Excellent location

Key features

Great transport links

Key features

Shops, bars and amenities nearby

Key features

Close to university

EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT INVESTMENT - CASH BUYERS ONLY! Sovereign House is purpose built student accommodation in Sheffield city centre which is currently tenanted to provide immediate income! More info...

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

Sovereign House has undergone an extensive refurbishment and provides 250 apartments to cater for the demand of students who desire luxury accommodation in Sheffield.

This premium studio apartment is fully furnished and contains a fitted kitchenette and a dedicated study area. In addition, free WiFi is provided to all residents and all bills are inclusive!

Additionally top of the range communal facilities such as the laundry room, entertainment room (including SKY TV), games room and fully equipped state-of-the-art gymnasium act as another bonus for discerning students studying in Sheffield.

Sovereign House is perfectly placed equidistant between Sheffield’s two universities and the main city train station and the Supertram system.

Sheffield is recognised by the Times Higher Education Survey as the number one city in the UK for student satisfaction and all of the cities bars, restaurants, clubs and other nightlife destinations are within walking distance for residents.

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

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Studio apartment
    Tick Desktop Fully furnished
    Tick Desktop Fifth floor
    Tick Desktop Onsite gymnasium
    Tick Desktop Communal areas
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops, bars and amenities nearby
    Tick Desktop Close to university
  • 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 £6,630
Ground rent £250
Service charge £1,986
Lettings fees £875
Net income £3,518
Gross yield 13.26%
Net yield 7.04%

*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.