Auction House / South Yorkshire

  • For Sale By Unconditional Online Auction
  • Guide Price* : £20,000 - £40,000
  • Bidding Opens 27/10/2025 13:00

Apartment 214 New Bank House, Sheffield, South Yorkshire, S1 2FA

Turnkey City Centre Studio — Fully Let at £9,360 Per Annum

Description

An excellent hands-off investment opportunity in the heart of Sheffield city centre. Apartment 214 is a stylish, fully furnished superior studio situated in the highly regarded New Bank House development — a popular choice for young professionals and students.

This contemporary studio offers a bright open-plan living space, a modern fitted kitchen, and a private en-suite shower room. Finished to a high standard with wood-effect flooring, neutral décor, and large windows providing natural light, the apartment combines functionality with modern design.

The building itself offers a superb range of on-site amenities, including:
-Residents’ gym & fitness suite
-Multiple social and study spaces with vibrant décor
-Secure entry and 24/7 CCTV security
-Bike storage facilities

Located just minutes from Sheffield’s universities, hospitals, shopping, and transport links, the property is in a prime rental area with strong ongoing demand.

Current Tenancy:
-Let at £180 per week (£9,360 per annum gross income)
-Strong rental return with ongoing occupancy

Key Investment Highlights:
-Purpose-built student & professional accommodation
-Prime city centre location (S1 postcode)
-Fully furnished & ready to let
-High-quality communal facilities attracting long-term demand
-Secure entry and well-maintained building

This property represents an ideal turnkey investment with immediate income and potential capital growth in one of the UK’s most popular regional cities.

Tenure: Leasehold

EPC Rating: C

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

£3,600 inc vat payable upon the fall of the virtual gavel

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* Guide | £20,000 - £40,000
  • 1 Bedroom
  • Unconditional (Immediate Exchange)

Call the team on 0114 223 0777 for more information

Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.