City Centre Studio Investment – Let at £130 per week (£6,760 p.a.)
Description
A well-presented studio apartment situated within the popular Sovereign House development in Sheffield city centre. The property forms part of a purpose-built student/young professional accommodation block offering a range of communal facilities and amenities.
The apartment briefly comprises an open-plan kitchen/bedroom living space, fitted kitchenette with integrated appliances, and a separate shower room with WC and wash basin. The unit benefits from double glazed windows and modern fixtures and fittings throughout.
Sovereign House provides residents with a variety of on-site communal facilities, including lounge and recreational areas, gym facilities and outdoor seating areas. The development is well located for access to Sheffield city centre amenities, universities, transport links and employment hubs, making it an attractive rental investment.
The property is currently let at £130 per week, producing a gross annual income of approximately £6,760 per annum.
Accommodation
Studio apartment comprising:
•{tab}Open plan kitchen/bedroom area
•{tab}Shower room with WC
Approximate internal floor area: 18.9 sq m (203 sq ft)
Tenure
Leasehold (details to be confirmed in the legal pack)
Tenancy
The property is let at £130 per week.
Energy Performance Certificate
Rating: C
Auctioneers Note
The auction house has not internally inspected the property and the description has been prepared from information provided and external sources. Interested parties should rely on their own enquiries and the legal pack.
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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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 0114 223 0777 for more information
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