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.
£120,000
1 bedroom Flat for sale, Queen Street, Sheffield, S1
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Features and Description
- CURRENTLY LET AT £725 PCM (£8,700 PER ANNUM)
- VACANT POSSESSION AVAILABLE SUBJECT TO NOTICE
- SPACIOUS 482.22 SQ FT SECOND FLOOR APARTMENT
- PRIME SHEFFIELD CITY CENTRE LOCATION
- STRONG DEMAND FROM PROFESSIONAL TENANTS
- IDEAL FOR INVESTORS OR OWNER-OCCUPIERS
- LOW-MAINTENANCE, LOCK-UP-AND-LEAVE CITY LIVING
Second Floor | Approx. 482.22 sq ft | Currently Let at £725 PCM
Investment & Residential Opportunity
An excellent opportunity to acquire a well-proportioned one-bedroom apartment situated on the second floor of the popular North Church House development in Sheffield City Centre.
Extending to approximately 482.22 sq ft, the apartment offers bright and practical accommodation ideally suited to young professionals, first-time buyers and investors seeking a property in one of Sheffield's most convenient city centre locations.
The property is currently tenanted and generating £725 per calendar month, equating to an annual rental income of £8,700. Vacant possession can be granted, subject to satisfactory notice being served upon the current tenant, providing flexibility for both investors and owner-occupiers.
Why Buy This Apartment?
Immediate Rental Income
With a tenant currently in situ, the property offers investors an established income stream from completion.
Flexible Purchase Opportunity
Available as either a ready-made investment or a future owner-occupied home, with vacant possession available subject to the necessary notice requirements.
Strong Rental Demand
Sheffield City Centre continues to attract professionals, graduates and students seeking well-located accommodation close to employment centres, universities and transport links.
Excellent City Centre Location
Positioned within walking distance of Sheffield's retail core, restaurants, bars, leisure facilities, universities and major employers.
Affordable Investment Opportunity
A one-bedroom apartment offers broad market appeal and a lower entry point into Sheffield's thriving city centre property market.
Low-Maintenance Living
The efficient layout and modern accommodation make the property attractive to both tenants and owner-occupiers seeking a convenient, lock-up-and-leave lifestyle.
Location
North Church House occupies a prominent city centre position, providing residents with immediate access to Sheffield's extensive amenities and transport network. Sheffield Railway Station, the Supertram system, universities, shopping districts and leisure facilities are all within easy reach, making the development a consistently popular choice amongst tenants and owner-occupiers alike.
A well-located city centre apartment offering immediate rental income, strong tenant appeal and the flexibility to suit both investors and owner-occupiers alike.
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
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Property refSCI260198
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EPCC
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TenureLeasehold
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Council TaxA
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Local authoritySheffield City Council
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Ground Rent£120
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Ground Rent ReviewContact the branch
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Service Charge£1,394
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Reeds Rains Estate Agents Sheffield
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 £108,000 and repaying over 25 years with a 2.5% interest rate.
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