Modern city-centre studio apartment in Sovereign House, Sheffield (S1), currently let at £6,768 per annum, offering a high-yielding investment opportunity with a guide price of £5,000–£10,000 for the 5th May auction.
Description
Guide Price: £5,000 – £10,000
Auction Date: 5th May
An excellent investment opportunity to acquire a well-presented, tenanted studio apartment situated within the popular Sovereign House development in Sheffield city centre.
Located on an upper floor, the property offers modern, self-contained accommodation comprising an open-plan living/sleeping area with fitted kitchenette, a private shower room, and built-in storage. The apartment benefits from good natural light and is finished to a contemporary standard throughout.
Sovereign House is a purpose-built student and young professional development, offering a range of on-site amenities including a residents’ gym, communal lounge areas, and secure entry systems, making it an attractive option for tenants.
The property is currently let at £564 per calendar month (£6,768 per annum), providing an immediate income stream for investors. With strong rental demand in this central location, the property presents a high-yielding addition to any portfolio.
Key Features:
City centre location (S1 postcode)
Tenanted investment producing £6,768 per annum
Modern studio apartment
On-site gym and communal facilities
Secure building with managed environment
Excellent transport links and amenities nearby
EPC Rating: C
Tenure: Leasehold (details to be confirmed)
A rare opportunity to acquire a low-entry, income-generating asset in a prime Sheffield location. Ideal for both seasoned investors and those looking to expand their portfolio.
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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