Main image of 1 bedroom Flat for sale, Queen Street, Sheffield, S1
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£18,000 Offers over

1 bedroom Flat for sale,
Queen Street, Sheffield, S1

Lisa Sharp  Branch Manager
Lisa Sharp
Senior Branch Manager
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Features and Description

  • PURPOSE-BUILT STUDENT DEVELOPMENT
  • FULLY FURNISHED & LET-READY STUDIO
  • FOR SALE BY MODERN METHOD OF AUCTION
  • HIGH DEMAND RENTAL LOCATION
  • READY-MADE INVESTMENT WITH TENANT IN SITU
  • IMMEDIATE RENTAL INCOME FROM DAY ONE
  • LOW MAINTENANCE HANDS-OFF INVESTMENT
  • BID TODAY

An excellent opportunity to acquire a well located apartment within the popular Sovereign House development in Sheffield. Offering flexibility for both investors and owner occupiers, this property will be available with vacant possession from 28th February, making it ideal whether you’re looking to generate rental income or secure accommodation for personal use or for a child attending university.

Key Highlights

VACANT POSSESSION FROM 28TH FEBRUARY

CURRENT RENTAL LEVEL £607 PCM

IDEAL INVESTMENT OR OWNER OCCUPIER PURCHASE

PERFECT FOR STUDENT ACCOMMODATION USE

STRONG CITY CENTRE LOCATION

LOW MAINTENANCE APARTMENT

ATTRACTIVE ENTRY LEVEL PRICE POINT

Rental & Investment Potential

The property has been achieving £607 pcm, demonstrating solid rental performance for this type of city apartment. With ongoing demand for centrally located accommodation from students and young professionals, the property offers excellent potential for reliable, consistent returns.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Queen Street, Sheffield, S1

Additional Information

  • Property ref
    SCI260058
  • EPC
    C
  • Tenure
    Leasehold
  • Lease length
    238 years
  • Council Tax
    A
  • Local authority
    Sheffield City Council
  • Ground Rent
    £282
  • Ground Rent Review
    Contact the branch
  • Service Charge
    £2,387
Lisa Sharp  Branch Manager
Lisa Sharp
Senior Branch Manager

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Reeds Rains Estate Agents Sheffield

Sheffield Branch Manager
Reeds Rains Sheffield
B2 Spaces, Pennine Five, Sims Street, Sheffield, S1 4BY
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
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Borrowing £16,200 and repaying over 25 years with a 2.5% interest rate.

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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

78

Potential

80

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A