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 £1,845
Lettings fees £875
Net income £3,660
Gross yield 13.26%
Net yield 7.32%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - 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 was recently refurbished to the highest standard throughout, and now offers tastefully renovated, fully furnished studios. This premium student apartment is extremely modern, featuring a fitted kitchen, living and study space and an en-suite bathroom. Residents can also enjoy the incredible communal facilities on offer with a gymnasium, games room, cinema room, communal lounges and courtyard. In addition, residents have access to free WiFi and Sky TV, as well as the opportunity to take part in social events organised by the award winning management company who look after the apartments and tenants.

Sovereign House is just a short walk from both the university and all of the shops, bars and restaurants in the city centre, alongside being equidistant between Sheffield’s two high quality universities and Sheffield’s main train station. Sheffield is a bustling city environment mixed with the friendliness of a small town which is very attractive to students from around the world looking for a top class university experience. Sheffield is the fifth largest city in the UK and is nestled right in the centre of the country, only 50 minutes from Manchester and two hours from London by train. There are also links to the local towns of Barnsley, Chesterfield, Doncaster and Huddersfield by bus, making it an ideal location for students from each corner of the UK.

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

** please note images listed may not be a representative of this actual apartment**

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Studio apartment

Key features

8th floor

Key features

Fully furnished

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 INVESTMENT OPPORTUNITY - 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 was recently refurbished to the highest standard throughout, and now offers tastefully renovated, fully furnished studios. This premium student apartment is extremely modern, featuring a fitted kitchen, living and study space and an en-suite bathroom. Residents can also enjoy the incredible communal facilities on offer with a gymnasium, games room, cinema room, communal lounges and courtyard. In addition, residents have access to free WiFi and Sky TV, as well as the opportunity to take part in social events organised by the award winning management company who look after the apartments and tenants.

Sovereign House is just a short walk from both the university and all of the shops, bars and restaurants in the city centre, alongside being equidistant between Sheffield’s two high quality universities and Sheffield’s main train station. Sheffield is a bustling city environment mixed with the friendliness of a small town which is very attractive to students from around the world looking for a top class university experience. Sheffield is the fifth largest city in the UK and is nestled right in the centre of the country, only 50 minutes from Manchester and two hours from London by train. There are also links to the local towns of Barnsley, Chesterfield, Doncaster and Huddersfield by bus, making it an ideal location for students from each corner of the UK.

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

** please note images listed may not be a representative of this actual apartment**

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Studio apartment
    Tick Desktop 8th floor
    Tick Desktop Fully furnished
    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 £1,845
Lettings fees £875
Net income £3,660
Gross yield 13.26%
Net yield 7.32%

*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.