£35,000

Studio for sale
Sovereign House, Queen Street, Sheffield S1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

Leasehold
Reduced on 06/07/2026

About this property

  • Studio apartment in the heart of Sheffield city centre

  • Student residency

  • Walking distance to Sheffield & Hallam University campus

  • 18% gross yield - 12% net yield after service charges

  • Communal amenities including social spaces, including lounge, pool table, games room, laundry room, outdoor terrace and bike store.

  • Currently tenanted 26/27 academic year

|| Contemporary studio apartment || Situated in the heart of Sheffield city centre || Student accommodation || Excellent transport links || Close to local amenities || Great investment potential of 18% gross yield ||

Discover this contemporary studio apartment, perfectly positioned in Sovereign House on Queen Street, Sheffield. This property offers an outstanding opportunity for those seeking an investment opportunity in student accommodation.

The property provides an open plan living and kitchen space, with space for a bed, table and desk. Along with a separate shower room.
This student development is serviced by a concierge and benefits from communal social spaces, including lounge, pool table, games room, laundry room, outdoor terrace and bike store.

Located in the vibrant heart of Sheffield city centre, Sovereign House offers unparalleled convenience. Residents will appreciate easy access to a wealth of local amenities, including diverse shopping, dining, and entertainment options. Excellent transport links are readily available, connecting you effortlessly to the wider city and beyond. It is within walking distance of both universities and hospitals

The property is currently tenanted, achieving a monthly rent of £615 pcm. A breakdown of the service charges are below:

Leasehold:
238 years remaining
Service Charge - £2173.20 pa
Ground Rent - £384.39 pa

Please visit "Key facts for buyers" link for all property material information.

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Monthly repayment

£175 per month

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More information

  • Tenure

    Leasehold (239 years)

  • Service charge

    £2,173 per year

  • Council tax band

    A

  • Ground rent

    £384

  • Ground rent date of next review

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